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 |
|---|---|---|---|---|---|
| Trust Co of Virginia | 16,299 | $4.68M | 0.39% | −435−2.6% | Reduced |
| Signaturefd, LLC | 16,227 | $4.66M | 0.07% | −822−4.8% | Reduced |
| Two Sigma Securities, LLC | 16,210 | $4.65M | 0.54% | +16,210 | New |
| Rafferty Asset Management, LLC | 16,179 | $4.64M | 0.02% | −5,605−25.7% | Reduced |
| Investment Management Corp of Ontario | 16,066 | $4.61M | 0.06% | −4,055−20.2% | Reduced |
| Schroder Investment Management Group | 16,140 | $4.56M | 0.00% | −733−4.3% | Reduced |
| W.G. Shaheen & Associates DBA Whitney & Co | 15,726 | $4.51M | 0.38% | +63+0.4% | Added |
| Aptus Capital Advisors, LLC | 15,606 | $4.48M | 0.04% | +1,773+12.8% | Added |
| Kestra Private Wealth Services, LLC | 15,602 | $4.48M | 0.06% | −1,219−7.2% | Reduced |
| Sequoia Financial Advisors, LLC | 15,524 | $4.46M | 0.02% | −62,391−80.1% | Reduced |
| QRG Capital Management, Inc. | 15,462 | $4.44M | 0.05% | +2,031+15.1% | Added |
| Natixis | 15,454 | $4.44M | 0.02% | −232,401−93.8% | Reduced |
| Loring Wolcott & Coolidge Fiduciary Advisors LLP | 14,865 | $4.40M | 0.04% | −150−1.0% | Reduced |
| Slotnik Capital, LLC | 15,311 | $4.39M | 1.31% | −34,500−69.3% | Reduced |
| Federation des caisses Desjardins du Quebec | 15,279 | $4.39M | 0.02% | +4,750+45.1% | Added |
| Cary Street Partners Financial LLC | 15,151 | $4.35M | 0.11% | −236−1.5% | Reduced |
| Hardy Reed LLC | 15,037 | $4.32M | 0.31% | +21+0.1% | Added |
| Sepio Capital, LP | 15,001 | $4.31M | 0.23% | −483−3.1% | Reduced |
| Blue Sparrow, LLC | 15,000 | $4.30M | 0.07% | +15,000 | New |
| Alpha Omega Wealth Management LLC | 14,955 | $4.29M | 0.70% | −231−1.5% | Reduced |
| Wescott Financial Advisory Group, LLC | 14,807 | $4.25M | 0.37% | −2,090−12.4% | Reduced |
| Entropy Technologies, LP | 14,756 | $4.23M | 0.20% | +14,756 | New |
| Pittenger & Anderson Inc | 14,685 | $4.21M | 0.17% | +112+0.8% | Added |
| Fiduciary Trust Co | 14,631 | $4.20M | 0.05% | −65−0.4% | Reduced |
| Allworth Financial LP | 14,567 | $4.18M | 0.02% | +176+1.2% | Added |
| IFP Advisors, Inc | 14,533 | $4.17M | 0.09% | −785−5.1% | Reduced |
| Welch Group, LLC | 14,503 | $4.16M | 0.16% | +11,380+364.4% | Added |
| Central Pacific Bank - Trust Division | 14,493 | $4.16M | 0.53% | −1,860−11.4% | Reduced |
| Pacer Advisors, Inc. | 14,339 | $4.12M | 0.01% | −3,941−21.6% | Reduced |
| Old West Investment Management, LLC | 14,315 | $4.11M | 0.45% | +14,315 | New |
| Advanced Asset Management Advisors Inc | 14,200 | $4.08M | 1.13% | 00.0% | Unchanged |
| CWM, LLC | 14,133 | $4.06M | 0.01% | +1,029+7.9% | Added |
| K2 Principal Fund, L.P. | 14,091 | $4.04M | 0.43% | +3,291+30.5% | Added |
| Anchor Investment Management, LLC | 14,028 | $4.03M | 0.34% | −204−1.4% | Reduced |
| Occudo Quantitative Strategies LP | 12,502 | $3.95M | 0.21% | +7,385+144.3% | Added |
| Texas Yale Capital Corp. | 13,643 | $3.92M | 0.11% | +698+5.4% | Added |
| CIBC World Markets Inc. | 13,639 | $3.91M | 0.01% | −1,626−10.7% | Reduced |
| Mizuho Securities USA LLC | 13,576 | $3.90M | 0.09% | −2,762−16.9% | Reduced |
| Prudential PLC | 13,433 | $3.86M | 0.03% | 00.0% | Unchanged |
| Verdence Capital Advisors LLC | 13,393 | $3.84M | 0.22% | −862−6.0% | Reduced |
| Oak Harbor Wealth Partners, LLC | 13,389 | $3.84M | 0.90% | 00.0% | Unchanged |
| Atria Investments LLC | 13,197 | $3.79M | 0.04% | −4,403−25.0% | Reduced |
| First Citizens Bank & Trust Co | 13,158 | $3.78M | 0.08% | +9,941+309.0% | Added |
| Wolverine Asset Management LLC | 13,050 | $3.75M | 0.06% | +350+2.8% | Added |
| Merit Financial Group, LLC | 12,975 | $3.72M | 0.03% | +947+7.9% | Added |
| Sagefield Capital LP | 12,917 | $3.71M | 0.27% | −15,239−54.1% | Reduced |
| Vaughan David Investments LLC | 12,838 | $3.69M | 0.08% | −366−2.8% | Reduced |
| Burke & Herbert Bank & Trust Co | 12,826 | $3.68M | 1.02% | −50−0.4% | Reduced |
| Hartford Investment Management Co | 12,789 | $3.67M | 0.12% | −209−1.6% | Reduced |
| Stock Yards Bank & Trust Co | 12,679 | $3.64M | 0.11% | −228−1.8% | Reduced |
| Haverford Trust Co | 12,672 | $3.64M | 0.03% | −200−1.6% | Reduced |
| Pensionmark Financial Group, LLC | 12,628 | $3.62M | 0.06% | +112+0.9% | Added |
| Advisory Services Network, LLC | 12,605 | $3.62M | 0.05% | −683−5.1% | Reduced |
| Flputnam Investment Management Co | 12,552 | $3.60M | 0.05% | −669−5.1% | Reduced |
| Vident Advisory, LLC | 12,534 | $3.60M | 0.03% | +3,875+44.8% | Added |
| Barbara Oil Co. | 12,500 | $3.59M | 1.38% | 00.0% | Unchanged |
| Central Trust Co | 12,416 | $3.56M | 0.07% | −126−1.0% | Reduced |
| Old Point Trust & Financial Services N A | 12,227 | $3.51M | 1.13% | −465−3.7% | Reduced |
| Citizens National Bank Trust Department | 12,080 | $3.47M | 0.58% | −105−0.9% | Reduced |
| TD Waterhouse Canada Inc. | 11,892 | $3.41M | 0.01% | +4,101+52.6% | Added |
| Gsa Capital Partners LLP | 11,845 | $3.40M | 0.21% | +9,279+361.6% | Added |
| Perigon Wealth Management, LLC | 11,833 | $3.40M | 0.06% | −3,311−21.9% | Reduced |
| Abn Amro Investment Solutions | 11,819 | $3.39M | 0.04% | +1,248+11.8% | Added |
| Umb Bank N A | 11,791 | $3.38M | 0.05% | −94−0.8% | Reduced |
| Machina Capital S.A.S. | 11,737 | $3.37M | 0.66% | +6,647+130.6% | Added |
| Inkwell Capital LLC | 11,730 | $3.37M | 3.43% | −154−1.3% | Reduced |
| Mount Yale Investment Advisors, LLC | 11,546 | $3.31M | 0.08% | +9,444+449.3% | Added |
| Rossmore Private Capital | 11,502 | $3.30M | 0.29% | 00.0% | Unchanged |
| Alpine Global Management, LLC | 11,500 | $3.30M | 0.50% | −5,500−32.4% | Reduced |
| Pinnacle Associates Ltd | 11,434 | $3.28M | 0.04% | −1,082−8.6% | Reduced |
| Bokf, NA | 11,417 | $3.28M | 0.05% | −9,811−46.2% | Reduced |
| Louisiana State Employees Retirement System | 11,400 | $3.27M | 0.06% | −100−0.9% | Reduced |
| Maryland State Retirement & Pension System | 11,363 | $3.26M | 0.07% | 00.0% | Unchanged |
| Savant Capital, LLC | 11,304 | $3.24M | 0.02% | +336+3.1% | Added |
| FNY Investment Advisers, LLC | 11,290 | $3.24M | 1.44% | −1,710−13.2% | Reduced |
| Cullen/Frost Bankers, Inc. | 11,284 | $3.24M | 0.04% | −427−3.6% | Reduced |
| Roberts Glore & Co Inc | 11,199 | $3.21M | 0.88% | +10+0.1% | Added |
| Old Second National Bank of Aurora | 11,173 | $3.21M | 0.66% | +94+0.8% | Added |
| B. Metzler seel. Sohn & Co. AG | 11,118 | $3.19M | 0.03% | −156−1.4% | Reduced |
| Midwest Professional Planners, LTD. | 11,082 | $3.18M | 0.75% | +99+0.9% | Added |
| Tiaa-Cref Individual & Institutional Services, LLC | 11,074 | $3.18M | 0.01% | +11,074 | New |
| Rothschild Investment LLC | 11,035 | $3.17M | 0.17% | +206+1.9% | Added |
| Hills Bank & Trust Co | 11,034 | $3.17M | 0.15% | −1,387−11.2% | Reduced |
| Oppenheimer & Co Inc | 11,031 | $3.17M | 0.04% | −852−7.2% | Reduced |
| Allspring Global Investments Holdings, LLC | 10,864 | $3.12M | 0.01% | +177+1.7% | Added |
| West Paces Advisors Inc. | 10,746 | $3.08M | 0.60% | 00.0% | Unchanged |
| Oak Asset Management, LLC | 10,735 | $3.08M | 1.06% | −445−4.0% | Reduced |
| Nicolet Bankshares Inc | 10,706 | $3.07M | 0.11% | +6,384+147.7% | Added |
| Community Bank & Trust, Waco, Texas | 10,661 | $3.06M | 0.62% | −40−0.4% | Reduced |
| Stratos Wealth Partners, LTD. | 10,635 | $3.05M | 0.03% | +450+4.4% | Added |
| 3Chopt Investment Partners, LLC | 10,613 | $3.05M | 0.70% | +248+2.4% | Added |
| Snowden Capital Advisors LLC | 10,598 | $3.04M | 0.08% | +1,457+15.9% | Added |
| RiverFront Investment Group, LLC | 10,553 | $3.03M | 0.05% | +6,379+152.8% | Added |
| Ancora Advisors, LLC | 10,553 | $3.03M | 0.06% | −1,720−14.0% | Reduced |
| Omers Administration Corp | 10,526 | $3.02M | 0.02% | +2,407+29.6% | Added |
| Principle Wealth Partners LLC | 10,519 | $3.02M | 0.17% | −265−2.5% | Reduced |
| Murphy Pohlad Asset Management LLC | 10,422 | $2.99M | 1.07% | −78−0.7% | Reduced |
| Apollon Wealth Management, LLC | 10,396 | $2.98M | 0.05% | −20.0% | Reduced |
| New Mexico Educational Retirement Board | 10,376 | $2.98M | 0.09% | 00.0% | Unchanged |
| Prime Capital Investment Advisors, LLC | 10,354 | $2.97M | 0.03% | +1,382+15.4% | Added |