Norfolk Southern Corp
NSC- Exchange
- NYSE
- Industry
- Railroads, Line-Haul Operating
- SEC CIK
- 0000702165
No open-market purchases or sales by Norfolk Southern Corp insiders were filed in the last 90 days; 1,869 institutions reported holding it in 13F filings for Q2 2026, worth $53.6B in total; superinvestors Third Point and Markel Group hold it.
13F holders, Q1 2026
Institutional positions in Norfolk Southern Corp as of Mar 31, 2026. Investment managers with $100 million or more in US stocks report their long positions on Form 13F within 45 days after each quarter ends. How 13F works
- Institutional holders
- 1,841
- +23 vs. Q4 2025
- Shares held
- 168.1M
- +21.1M (+14.4%) vs. Q4 2025
- Total value
- $48.2B
- +$5.78B (+13.6%) vs. Q4 2025
- New holders
- 134
- 581 more added
- Sold out
- 111
- 669 more reduced
34 institutions that held it in Q4 2025 haven't filed for Q1 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.
Compare with Q4 2025: new holders, sold out and not filed yet
Holders and value by quarter
Institutions reporting NSC on Form 13F each quarter since Q1 2021, and the total value they reported. Values are as of each quarter end, so they also move with the share price.
| Quarter | Holders | Value |
|---|---|---|
| Q2 2026 | 1,869 | $53.6B |
| Q1 2026 | 1,841 | $48.2B |
| Q4 2025 | 1,852 | $49.8B |
| Q3 2025 | 1,801 | $50.8B |
| Q2 2025 | 1,693 | $45.1B |
| Q1 2025 | 1,656 | $41.2B |
| Q4 2024 | 1,686 | $41.0B |
| Q3 2024 | 1,612 | $42.4B |
| Q2 2024 | 1,565 | $36.7B |
| Q1 2024 | 1,628 | $43.1B |
| Q4 2023 | 1,585 | $40.1B |
| Q3 2023 | 1,444 | $33.1B |
| Q2 2023 | 1,529 | $37.9B |
| Q1 2023 | 1,500 | $35.4B |
| Q4 2022 | 1,592 | $41.8B |
| Q3 2022 | 1,501 | $36.1B |
| Q2 2022 | 1,543 | $39.6B |
| Q1 2022 | 1,646 | $50.2B |
| Q4 2021 | 1,644 | $52.7B |
| Q3 2021 | 1,494 | $42.6B |
| Q2 2021 | 1,546 | $48.1B |
| Q1 2021 | 1,514 | $49.7B |
Institutions, Q1 2026
Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q4 2025.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| Zurcher Kantonalbank (Zurich Cantonalbank) | 73,552 | $21.1M | 0.05% | +1,835+2.6% | Added |
| Bartlett & Co. Wealth Management LLC | 67,114 | $20.9M | 0.27% | −2,300−3.3% | Reduced |
| Harvest Management LLC | 72,600 | $20.8M | 11.09% | −5,700−7.3% | Reduced |
| Public Sector Pension Investment Board | 71,931 | $20.6M | 0.06% | +7,061+10.9% | Added |
| Jump Financial, LLC | 71,415 | $20.5M | 0.30% | +70,227+5,911.4% | Added |
| Resona Asset Management Co.,Ltd. | 71,246 | $20.4M | 0.10% | +838+1.2% | Added |
| Lansforsakringar Fondforvaltning AB (publ) | 70,991 | $20.4M | 0.11% | −855−1.2% | Reduced |
| PBU - The Pension Fund of Early Childhood & Youth Educators | 70,110 | $20.1M | 0.30% | −28,549−28.9% | Reduced |
| Grantham, Mayo, Van Otterloo & Co. LLC | 69,225 | $19.9M | 0.05% | −17,495−20.2% | Reduced |
| Sona Asset Management (US) LLC | 69,083 | $19.8M | 0.76% | −375,164−84.4% | Reduced |
| Fjarde Ap-Fonden /Fourth Swedish National Pension Fund | 68,752 | $19.7M | 0.11% | +16,040+30.4% | Added |
| Brown Advisory Inc | 67,550 | $19.4M | 0.03% | +5,491+8.8% | Added |
| Tredje AP-fonden | 66,674 | $19.1M | 0.10% | +66,674 | New |
| New York Life Investment Management LLC | 64,199 | $18.4M | 0.16% | −1,565−2.4% | Reduced |
| Lowe Brockenbrough & Co Inc | 63,248 | $18.2M | 0.91% | +139+0.2% | Added |
| STRS Ohio | 61,693 | $17.7M | 0.07% | −2,983−4.6% | Reduced |
| Arizona State Retirement System | 61,434 | $17.6M | 0.10% | −1,813−2.9% | Reduced |
| Czech National Bank | 61,161 | $17.6M | 0.12% | +1,994+3.4% | Added |
| Capricorn Fund Managers Ltd | 61,117 | $17.5M | 2.73% | +36,117+144.5% | Added |
| Andra AP-fonden | 61,013 | $17.5M | 0.22% | +43,773+253.9% | Added |
| Victory Capital Management Inc | 60,856 | $17.5M | 0.01% | +514+0.9% | Added |
| Quantbot Technologies LP | 60,695 | $17.4M | 0.71% | +44,744+280.5% | Added |
| State of Michigan Retirement System | 58,690 | $16.8M | 0.09% | −100−0.2% | Reduced |
| CIBC Asset Management Inc | 58,195 | $16.7M | 0.04% | +595+1.0% | Added |
| Rockefeller Capital Management L.P. | 58,113 | $16.7M | 0.03% | +1,641+2.9% | Added |
| Brevan Howard Capital Management LP | 58,552 | $16.6M | 0.17% | +534+0.9% | Added |
| Mariner, LLC | 56,926 | $16.3M | 0.02% | +13,683+31.6% | Added |
| Quarry LP | 55,427 | $15.9M | 3.21% | +11,637+26.6% | Added |
| Skylands Capital, LLC | 55,290 | $15.9M | 2.08% | −2,590−4.5% | Reduced |
| Gabelli Funds LLC | 54,862 | $15.7M | 0.11% | +3,750+7.3% | Added |
| Mercer Global Advisors Inc | 53,514 | $15.4M | 0.02% | +1,649+3.2% | Added |
| SummitTX Capital, L.P. | 53,121 | $15.2M | 0.49% | −29,571−35.8% | Reduced |
| MetLife Investment Management | 52,495 | $15.1M | 0.08% | −1,321−2.5% | Reduced |
| DnB Asset Management AS | 52,265 | $15.0M | 0.05% | +4,176+8.7% | Added |
| Gabelli & Co Investment Advisers, Inc. | 52,120 | $15.0M | 2.22% | +1,500+3.0% | Added |
| Ghisallo Capital Management LLC | 52,000 | $14.9M | 0.41% | +52,000 | New |
| O'Shaughnessy Asset Management, LLC | 51,763 | $14.9M | 0.07% | +8,355+19.2% | Added |
| NorthCrest Asset Manangement, LLC | 51,384 | $14.8M | 0.46% | −18,682−26.7% | Reduced |
| Prelude Capital Management, LLC | 51,082 | $14.7M | 1.12% | +2,274+4.7% | Added |
| IFM Investors Pty Ltd | 50,954 | $14.6M | 0.12% | −4,779−8.6% | Reduced |
| Kanawha Capital Management LLC | 50,011 | $14.4M | 1.01% | −394−0.8% | Reduced |
| BNP PARIBAS ASSET MANAGEMENT Holding S.A. | 49,951 | $14.3M | 0.02% | −4,147−7.7% | Reduced |
| Advisor Group Holdings, Inc. | 49,080 | $14.1M | 0.02% | −13,412−21.5% | Reduced |
| Dillon & Associates Inc | 49,083 | $14.1M | 1.94% | +228+0.5% | Added |
| Wiley Bros.-Aintree Capital, LLC | 49,049 | $14.1M | 0.07% | +777+1.6% | Added |
| Bryn Mawr Trust Co | 48,144 | $13.8M | 0.33% | +3,902+8.8% | Added |
| SEB Asset Management AB | 47,822 | $13.7M | 0.06% | +47,822 | New |
| Retirement Systems of Alabama | 47,690 | $13.7M | 0.05% | −44−0.1% | Reduced |
| Varma Mutual Pension Insurance Co | 47,630 | $13.7M | 0.08% | 00.0% | Unchanged |
| USS Investment Management Ltd | 47,536 | $13.7M | 0.06% | +4,997+11.7% | Added |
| SCS Capital Management LLC | 47,339 | $13.6M | 0.14% | −9,677−17.0% | Reduced |
| Gotham Asset Management, LLC | 47,333 | $13.6M | 0.04% | −43,074−47.6% | Reduced |
| Caisse de Depot Et Placement du Quebec | 47,160 | $13.5M | 0.02% | +47,160 | New |
| Wealth Enhancement Advisory Services, LLC | 97,775 | $13.4M | 0.03% | +29,516+43.2% | Added |
| Atlantic Union Bankshares Corp | 46,177 | $13.3M | 0.25% | −1,123−2.4% | Reduced |
| EFG International AG | 43,302 | $12.4M | 0.27% | +5,356+14.1% | Added |
| Mirae Asset Global Investments Co., Ltd. | 43,285 | $12.4M | 0.04% | +8,060+22.9% | Added |
| Blair William & Co | 42,505 | $12.2M | 0.03% | +263+0.6% | Added |
| Ingalls & Snyder LLC | 42,448 | $12.2M | 0.43% | −164−0.4% | Reduced |
| Commerce Bank | 42,295 | $12.1M | 0.06% | +5,675+15.5% | Added |
| PensionDanmark Pensionsforsikringsaktieselskab | 42,270 | $12.1M | 0.12% | −1,420−3.3% | Reduced |
| Cambridge Investment Research Advisors, Inc. | 42,261 | $12.1M | 0.03% | −643−1.5% | Reduced |
| Ilmarinen Mutual Pension Insurance Co | 42,148 | $12.1M | 0.10% | +7,398+21.3% | Added |
| Amalgamated Bank | 41,889 | $12.0M | 0.09% | −75−0.2% | Reduced |
| M. Kraus & Co | 41,872 | $12.0M | 3.51% | −467−1.1% | Reduced |
| Janus Henderson Group PLC | 41,052 | $11.8M | 0.01% | −1,322−3.1% | Reduced |
| Jones Financial Companies LLLP | 40,970 | $11.6M | 0.01% | +11,162+37.4% | Added |
| TPG GP A, LLC | 40,000 | $11.5M | 0.31% | +40,000 | New |
| Teacher Retirement System of Texas | 39,964 | $11.5M | 0.05% | −410−1.0% | Reduced |
| ProShare Advisors LLC | 39,911 | $11.5M | 0.02% | −5,209−11.5% | Reduced |
| Xponance, Inc. | 39,730 | $11.4M | 0.08% | +6,218+18.6% | Added |
| Connor, Clark & Lunn Investment Management Ltd. | 39,087 | $11.2M | 0.03% | +2,150+5.8% | Added |
| Daiwa Securities Group Inc. | 39,003 | $11.2M | 0.03% | +2,643+7.3% | Added |
| Cresset Asset Management, LLC | 38,989 | $11.2M | 0.05% | +43+0.1% | Added |
| Sanctuary Advisors, LLC | 38,193 | $11.0M | 0.06% | −4,102−9.7% | Reduced |
| Trajan Wealth LLC | 37,285 | $10.7M | 0.45% | +545+1.5% | Added |
| Kempen Capital Management N.V. | 37,112 | $10.7M | 0.09% | 00.0% | Unchanged |
| Glenmede Trust Co NA | 37,063 | $10.6M | 0.05% | −3,018−7.5% | Reduced |
| Utah Retirement Systems | 36,710 | $10.5M | 0.11% | −626−1.7% | Reduced |
| Glenview Trust Co | 36,709 | $10.5M | 0.17% | −3,581−8.9% | Reduced |
| Neville Rodie & Shaw Inc | 36,664 | $10.5M | 0.76% | −826−2.2% | Reduced |
| Voya Investment Management LLC | 35,566 | $10.2M | 0.01% | +88+0.2% | Added |
| Cohen Klingenstein LLC | 35,500 | $10.2M | 0.33% | 00.0% | Unchanged |
| Baker Avenue Asset Management, LP | 35,345 | $10.1M | 0.23% | +1,892+5.7% | Added |
| Swiss Life Asset Management Ltd | 49,345 | $10.1M | 0.05% | +25,781+109.4% | Added |
| Police & Firemen's Retirement System of New Jersey | 34,781 | $9.98M | 0.09% | +57+0.2% | Added |
| BTC Capital Management, Inc. | 34,343 | $9.85M | 0.67% | −4,832−12.3% | Reduced |
| Baker Chad R | 33,906 | $9.73M | 1.84% | 00.0% | Unchanged |
| Saybrook Capital | 33,691 | $9.67M | 2.60% | −1,602−4.5% | Reduced |
| Linscomb & Williams, Inc. | 33,391 | $9.58M | 0.43% | −8,725−20.7% | Reduced |
| Tufton Capital Management | 33,344 | $9.57M | 1.74% | −422−1.2% | Reduced |
| Vestcor Inc | 33,113 | $9.50M | 0.26% | −6,400−16.2% | Reduced |
| Rakuten Investment Management, Inc. | 33,319 | $9.41M | 0.02% | +3,801+12.9% | Added |
| XTX Topco Ltd | 32,595 | $9.35M | 0.16% | +32,595 | New |
| Sumitomo Mitsui DS Asset Management Company, Ltd | 32,089 | $9.21M | 0.07% | +656+2.1% | Added |
| Richard C. Young & CO., LTD. | 32,023 | $9.19M | 0.76% | −29,305−47.8% | Reduced |
| Huntington National Bank | 31,977 | $9.18M | 0.05% | +10,945+52.0% | Added |
| Lafayette Investments, Inc. | 31,895 | $9.15M | 1.85% | −1,534−4.6% | Reduced |
| JustInvest LLC | 31,722 | $9.10M | 0.09% | +1,364+4.5% | Added |
| Eliot Finkel Investment Counsel, LLC | 31,605 | $9.07M | 4.93% | −35−0.1% | Reduced |