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 |
|---|---|---|---|---|---|
| NEOS Investment Management LLC | 31,492 | $9.04M | 0.05% | +1,246+4.1% | Added |
| British Columbia Investment Management Corp | 30,925 | $8.88M | 0.05% | −8,893−22.3% | Reduced |
| KBC Group NV | 30,435 | $8.73M | 0.02% | +11,396+59.9% | Added |
| Skandinaviska Enskilda Banken AB (publ) | 30,400 | $8.72M | 0.20% | −26,222−46.3% | Reduced |
| GWM Advisors LLC | 30,365 | $8.71M | 0.03% | −14,310−32.0% | Reduced |
| Centiva Capital, LP | 30,039 | $8.62M | 0.40% | +610+2.1% | Added |
| Alberta Investment Management Corp | 30,000 | $8.61M | 0.05% | +30,000 | New |
| Wellington Management Group LLP | 29,951 | $8.60M | 0.00% | +1,746+6.2% | Added |
| Tower Research Capital LLC (TRC) | 29,803 | $8.55M | 0.22% | +20,680+226.7% | Added |
| Heritage Investors Management Corp | 29,661 | $8.51M | 0.26% | −706−2.3% | Reduced |
| Yousif Capital Management, LLC | 29,623 | $8.50M | 0.10% | +1,004+3.5% | Added |
| Brinker Capital Investments, LLC | 29,599 | $8.49M | 0.07% | −3,298−10.0% | Reduced |
| Klingenstein Fields & Co LP | 29,293 | $8.41M | 0.33% | −50−0.2% | Reduced |
| Johnson Investment Counsel Inc | 29,249 | $8.39M | 0.07% | +287+1.0% | Added |
| Nissay Asset Management Corp | 28,772 | $8.26M | 0.04% | +323+1.1% | Added |
| Public Employees Retirement Association of Colorado | 28,767 | $8.26M | 0.03% | −60.0% | Reduced |
| Capital Investment Advisors, LLC | 28,385 | $8.15M | 0.12% | −180−0.6% | Reduced |
| BFSG, LLC | 28,073 | $8.06M | 0.76% | −77−0.3% | Reduced |
| Vestmark Advisory Solutions, Inc. | 27,847 | $7.99M | 0.09% | +9,019+47.9% | Added |
| Pinnacle Financial Partners, Inc. | 27,727 | $7.96M | 0.06% | −5,901−17.5% | Reduced |
| Mackenzie Financial Corp | 27,534 | $7.90M | 0.01% | +2,368+9.4% | Added |
| Toroso Investments, LLC | 27,284 | $7.83M | 0.02% | −92−0.3% | Reduced |
| Pathstone Holdings, LLC | 27,073 | $7.77M | 0.03% | −742−2.7% | Reduced |
| Trust Co of Toledo NA | 26,918 | $7.73M | 0.73% | −3,023−10.1% | Reduced |
| Pettyjohn, Wood & White, Inc | 26,618 | $7.64M | 1.22% | −81−0.3% | Reduced |
| Ausbil Investment Management Ltd | 26,329 | $7.56M | 3.76% | 00.0% | Unchanged |
| HB Wealth Management, LLC | 26,135 | $7.50M | 0.05% | −1,088−4.0% | Reduced |
| Uncommon Cents Investing LLC | 25,776 | $7.40M | 1.72% | −40−0.2% | Reduced |
| Investment House LLC | 25,752 | $7.39M | 0.38% | +30+0.1% | Added |
| Oregon Public Employees Retirement Fund | 25,720 | $7.38M | 0.10% | +33+0.1% | Added |
| Redmond Asset Management, LLC | 25,412 | $7.29M | 1.99% | −502−1.9% | Reduced |
| 1st Source Bank | 25,408 | $7.29M | 0.38% | −527−2.0% | Reduced |
| Callan Family Office, LLC | 25,300 | $7.26M | 0.16% | −889−3.4% | Reduced |
| Empowered Funds, LLC | 25,230 | $7.24M | 0.05% | +25,230 | New |
| Running Oak Capital LLC | 25,161 | $7.22M | 0.98% | −1,821−6.7% | Reduced |
| Moore Capital Management, LP | 25,000 | $7.17M | 0.26% | −16,818−40.2% | Reduced |
| Steward Partners Investment Advisory, LLC | 24,796 | $7.12M | 0.04% | +4,359+21.3% | Added |
| Moors & Cabot, Inc. | 24,743 | $7.10M | 0.30% | −80−0.3% | Reduced |
| Kornitzer Capital Management Inc | 24,318 | $6.98M | 0.15% | −95−0.4% | Reduced |
| Concurrent Investment Advisors, LLC | 24,220 | $6.95M | 0.08% | +10,128+71.9% | Added |
| WSFS Capital Management, LLC | 24,179 | $6.94M | 0.34% | +21,948+983.8% | Added |
| Mutual of America Capital Management LLC | 23,893 | $6.86M | 0.08% | −208−0.9% | Reduced |
| Wealthfront Advisers LLC | 23,715 | $6.81M | 0.01% | +5,616+31.0% | Added |
| Kestra Advisory Services, LLC | 23,420 | $6.72M | 0.03% | +4,076+21.1% | Added |
| Susquehanna International Group, LLP | 22,896 | $6.57M | 0.01% | −89,916−79.7% | Reduced |
| OP Asset Management Ltd | 22,831 | $6.55M | 0.07% | −1,989−8.0% | Reduced |
| Yakira Capital Management, Inc. | 22,751 | $6.53M | 1.91% | +3,051+15.5% | Added |
| Gibson Wealth Advisors LLC | 22,709 | $6.52M | 4.37% | 00.0% | Unchanged |
| BTG Pactual Asset Management US LLC | 22,619 | $6.49M | 0.63% | +22,619 | New |
| Northwestern Mutual Wealth Management Co | 22,583 | $6.48M | 0.00% | −29−0.1% | Reduced |
| Nordea Investment Management AB | 22,905 | $6.48M | 0.01% | +612+2.7% | Added |
| Athos Capital Ltd | 22,520 | $6.46M | 2.00% | +3,120+16.1% | Added |
| Howe & Rusling Inc | 22,475 | $6.45M | 0.42% | +745+3.4% | Added |
| South Dakota Investment Council | 22,333 | $6.41M | 0.12% | 00.0% | Unchanged |
| State of Alaska, Department of Revenue | 22,126 | $6.35M | 0.07% | −100−0.4% | Reduced |
| Douglass Winthrop Advisors, LLC | 22,075 | $6.34M | 0.12% | +4,822+27.9% | Added |
| MAI Capital Management | 21,926 | $6.29M | 0.04% | −160−0.7% | Reduced |
| D.A. Davidson & Co. | 21,853 | $6.27M | 0.04% | −653−2.9% | Reduced |
| Allstate Corp | 21,645 | $6.21M | 0.07% | +5,170+31.4% | Added |
| Panagora Asset Management Inc | 21,644 | $6.21M | 0.02% | +18,947+702.5% | Added |
| Boothbay Fund Management, LLC | 21,556 | $6.19M | 0.15% | +19,246+833.2% | Added |
| Thompson Siegel & Walmsley LLC | 21,470 | $6.16M | 0.11% | −605−2.7% | Reduced |
| Estabrook Capital Management | 21,436 | $6.15M | 0.90% | −64−0.3% | Reduced |
| Kintayl Capital LP | 21,261 | $6.10M | 3.75% | −15,311−41.9% | Reduced |
| Meridian Investment Counsel Inc. | 20,593 | $5.91M | 1.41% | 00.0% | Unchanged |
| RSM US Wealth Management LLC | 20,453 | $5.87M | 0.07% | −722−3.4% | Reduced |
| Warren Averett Asset Management, LLC | 20,406 | $5.86M | 0.04% | −391−1.9% | Reduced |
| ASR Vermogensbeheer N.V. | 20,342 | $5.84M | 0.07% | +604+3.1% | Added |
| Burns J W & Co Inc | 20,266 | $5.82M | 0.67% | +364+1.8% | Added |
| New Republic Capital, LLC | 20,215 | $5.80M | 1.96% | +1,463+7.8% | Added |
| Bradley Foster & Sargent Inc | 19,914 | $5.72M | 0.09% | −35−0.2% | Reduced |
| Jamison Private Wealth Management, Inc. | 19,743 | $5.67M | 0.69% | −88−0.4% | Reduced |
| P Schoenfeld Asset Management LP | 19,700 | $5.65M | 4.49% | −45,000−69.6% | Reduced |
| Private Advisor Group, LLC | 19,634 | $5.63M | 0.03% | −72−0.4% | Reduced |
| Credit Agricole S A | 19,528 | $5.60M | 0.02% | −3,457−15.0% | Reduced |
| Cullinan Associates Inc | 19,400 | $5.57M | 0.45% | 00.0% | Unchanged |
| UniSuper Management Pty Ltd | 19,172 | $5.50M | 0.04% | −224−1.2% | Reduced |
| Patten & Patten Inc | 19,034 | $5.46M | 0.33% | +119+0.6% | Added |
| Pinebridge Investments LLC | 19,032 | $5.46M | 0.05% | −1,766−8.5% | Reduced |
| Guggenheim Capital LLC | 18,673 | $5.36M | 0.04% | −943−4.8% | Reduced |
| Canandaigua National Corp | 18,431 | $5.29M | 0.47% | +18,431 | New |
| MML Investors Services, LLC | 18,424 | $5.29M | 0.01% | −19,568−51.5% | Reduced |
| Elo Mutual Pension Insurance Co | 18,172 | $5.22M | 0.09% | −740−3.9% | Reduced |
| Bessemer Group Inc | 18,047 | $5.18M | 0.01% | −96−0.5% | Reduced |
| Silvercrest Asset Management Group LLC | 18,014 | $5.17M | 0.04% | −190−1.0% | Reduced |
| Somerset Trust Co | 17,964 | $5.16M | 1.58% | +269+1.5% | Added |
| Beacon Pointe Advisors, LLC | 17,894 | $5.14M | 0.03% | +4,017+28.9% | Added |
| Teachers Retirement System of the State of Kentucky | 17,742 | $5.09M | 0.04% | 00.0% | Unchanged |
| Aventail Capital Group, LP | 17,628 | $5.06M | 0.24% | +3,386+23.8% | Added |
| Independent Investors Inc | 17,517 | $5.03M | 1.00% | 00.0% | Unchanged |
| Cherokee Insurance Co | 17,500 | $5.02M | 1.91% | 00.0% | Unchanged |
| Baxter Bros Inc | 17,410 | $5.00M | 0.62% | −436−2.4% | Reduced |
| Gulf International Bank (UK) Ltd | 17,317 | $4.97M | 0.11% | +5,903+51.7% | Added |
| NewEdge Wealth, LLC | 17,105 | $4.91M | 0.06% | −1,898−10.0% | Reduced |
| Y-Intercept (Hong Kong) Ltd | 17,102 | $4.91M | 0.09% | +5,857+52.1% | Added |
| Highland Capital Management, LLC | 17,099 | $4.91M | 0.26% | −210−1.2% | Reduced |
| Mint Tower Capital Management B.V. | 17,000 | $4.88M | 0.48% | 00.0% | Unchanged |
| Smithfield Trust Co | 16,786 | $4.82M | 0.21% | 00.0% | Unchanged |
| Farmers National Bank | 16,744 | $4.81M | 1.06% | −9,439−36.1% | Reduced |
| Farther Finance Advisors, LLC | 16,672 | $4.78M | 0.05% | +1,458+9.6% | Added |