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 |
|---|---|---|---|---|---|
| Ronald Blue Trust, Inc. | 7,035 | $2.02M | 0.02% | −771−9.9% | Reduced |
| United Bank | 7,015 | $2.01M | 0.67% | −4,561−39.4% | Reduced |
| Cannon Global Investment Management, LLC | 7,000 | $2.01M | 4.86% | +800+12.9% | Added |
| SevenBridge Financial Group, LLC | 6,661 | $1.99M | 0.31% | −101−1.5% | Reduced |
| IHT Wealth Management, LLC | 6,918 | $1.99M | 0.05% | −8−0.1% | Reduced |
| Freestone Capital Holdings, LLC | 6,907 | $1.98M | 0.06% | +470+7.3% | Added |
| Banco Bilbao Vizcaya Argentaria, S.A. | 6,893 | $1.98M | 0.01% | −10−0.1% | Reduced |
| Argent Trust Co | 6,873 | $1.97M | 0.07% | −1,259−15.5% | Reduced |
| Pflug Koory, LLC | 6,861 | $1.97M | 0.90% | 00.0% | Unchanged |
| Spartan Wealth Advisory Services LLC | 6,814 | $1.96M | 0.17% | +6,814 | New |
| RMB Capital Management, LLC | 6,772 | $1.94M | 0.03% | −64−0.9% | Reduced |
| Harold Davidson & Associates Inc. | 6,636 | $1.90M | 0.92% | −5−0.1% | Reduced |
| Colonial Trust Advisors | 6,610 | $1.90M | 0.15% | −623−8.6% | Reduced |
| Advisor OS, LLC | 6,599 | $1.89M | 0.14% | −1,226−15.7% | Reduced |
| Davis R M Inc | 6,571 | $1.89M | 0.03% | −35−0.5% | Reduced |
| North Dakota State Investment Board | 6,542 | $1.88M | 0.08% | −1,205−15.6% | Reduced |
| Goelzer Investment Management, Inc. | 6,534 | $1.88M | 0.09% | +750+13.0% | Added |
| GAMMA Investing LLC | 6,513 | $1.87M | 0.09% | +538+9.0% | Added |
| Family Investment Center, Inc. | 6,510 | $1.87M | 0.36% | +10+0.2% | Added |
| Wesbanco Bank Inc | 6,509 | $1.87M | 0.05% | −245−3.6% | Reduced |
| Wills Financial Group LLC | 5,992 | $1.86M | 0.70% | −277−4.4% | Reduced |
| Gateway Investment Advisers LLC | 6,477 | $1.86M | 0.02% | −20,230−75.7% | Reduced |
| Park National Corp | 6,460 | $1.85M | 0.06% | −717−10.0% | Reduced |
| Clifford Swan Investment Counsel LLC | 6,458 | $1.85M | 0.06% | 00.0% | Unchanged |
| Alps Advisors Inc | 6,444 | $1.85M | 0.01% | −468−6.8% | Reduced |
| Burney Co | 6,419 | $1.84M | 0.06% | −427−6.2% | Reduced |
| Metis Global Partners, LLC | 6,397 | $1.84M | 0.05% | −727−10.2% | Reduced |
| Weatherly Asset Management L. P. | 6,372 | $1.83M | 0.15% | 00.0% | Unchanged |
| CAPROCK Group, Inc. | 6,361 | $1.83M | 0.04% | −775−10.9% | Reduced |
| Lineweaver Wealth Advisors, LLC | 6,291 | $1.81M | 0.24% | +224+3.7% | Added |
| Charter Trust Co | 6,290 | $1.81M | 0.11% | +36+0.6% | Added |
| Valeo Financial Advisors, LLC | 6,276 | $1.80M | 0.04% | −1,158−15.6% | Reduced |
| Brady Family Wealth, LLC | 6,238 | $1.79M | 0.56% | 00.0% | Unchanged |
| Jennison Associates LLC | 6,231 | $1.79M | 0.00% | +10.0% | Added |
| Blue Chip Partners, Inc. | 6,226 | $1.79M | 0.13% | −286−4.4% | Reduced |
| Fortress Investment Group LLC | 6,225 | $1.79M | 0.46% | 00.0% | Unchanged |
| Salvus Wealth Management, LLC | 6,223 | $1.79M | 1.04% | +36+0.6% | Added |
| Shelton Capital Management | 6,221 | $1.79M | 0.04% | −5,000−44.6% | Reduced |
| Whitener Capital Management, Inc. | 6,217 | $1.78M | 0.41% | 00.0% | Unchanged |
| MUFG Securities Americas Inc. | 6,214 | $1.78M | 0.11% | +168+2.8% | Added |
| Essex Savings Bank | 6,200 | $1.78M | 0.39% | −20−0.3% | Reduced |
| Caldwell Trust Co | 6,195 | $1.78M | 0.16% | −146−2.3% | Reduced |
| AMG National Trust Bank | 6,188 | $1.78M | 0.04% | +1,919+45.0% | Added |
| Busey Wealth Management | 6,103 | $1.75M | 0.05% | −10.0% | Reduced |
| Securian Asset Management, Inc | 6,101 | $1.75M | 0.07% | 00.0% | Unchanged |
| Leavell Investment Management, Inc. | 6,098 | $1.75M | 0.07% | 00.0% | Unchanged |
| Canada Post Corp Registered Pension Plan | 6,097 | $1.75M | 0.07% | 00.0% | Unchanged |
| Marble Harbor Investment Counsel, LLC | 6,067 | $1.74M | 0.19% | 00.0% | Unchanged |
| Applied Finance Capital Management, LLC | 6,066 | $1.74M | 0.13% | +285+4.9% | Added |
| Family Legacy, Inc. | 6,064 | $1.74M | 0.52% | 00.0% | Unchanged |
| Massachusetts Wealth Management | 6,055 | $1.74M | 0.75% | +65+1.1% | Added |
| Westport Asset Management Inc | 6,000 | $1.72M | 0.76% | 00.0% | Unchanged |
| Quadrant Capital Group LLC | 5,996 | $1.72M | 0.05% | +159+2.7% | Added |
| Joel Isaacson & Co., LLC | 5,987 | $1.72M | 0.06% | +500+9.1% | Added |
| Kentucky Retirement Systems Insurance Trust Fund | 5,943 | $1.71M | 0.12% | 00.0% | Unchanged |
| Arkadios Wealth Advisors | 5,940 | $1.70M | 0.03% | +617+11.6% | Added |
| Keystone Financial Group | 5,907 | $1.70M | 0.12% | +157+2.7% | Added |
| Sierra Summit Advisors LLC | 5,868 | $1.68M | 0.24% | +254+4.5% | Added |
| Atom Investors LP | 5,855 | $1.68M | 0.12% | −2,475−29.7% | Reduced |
| Engineers Gate Manager LP | 5,855 | $1.68M | 0.02% | +5,855 | New |
| Hantz Financial Services, Inc. | 5,855 | $1.68M | 0.03% | −11,190−65.6% | Reduced |
| Valmark Advisers, Inc. | 5,848 | $1.68M | 0.02% | +30+0.5% | Added |
| Dynasty Wealth Management, LLC | 5,785 | $1.66M | 0.01% | −1,070−15.6% | Reduced |
| Albert D Mason Inc | 5,764 | $1.65M | 1.07% | +38+0.7% | Added |
| Umpqua Bank | 5,697 | $1.64M | 0.47% | −152−2.6% | Reduced |
| Park Avenue Securities LLC | 5,682 | $1.63M | 0.01% | −109−1.9% | Reduced |
| Benjamin Edwards Inc | 5,680 | $1.63M | 0.02% | −312−5.2% | Reduced |
| SageView Advisory Group, LLC | 5,664 | $1.63M | 0.06% | −165−2.8% | Reduced |
| HBK Sorce Advisory LLC | 5,206 | $1.62M | 0.03% | +130+2.6% | Added |
| Wealthspire Advisors, LLC | 5,632 | $1.62M | 0.01% | +17+0.3% | Added |
| Hanson & Doremus Investment Management | 5,616 | $1.61M | 0.19% | +3,913+229.8% | Added |
| Coldstream Capital Management Inc | 5,614 | $1.61M | 0.02% | +160+2.9% | Added |
| Ashton Thomas Private Wealth, LLC | 5,609 | $1.61M | 0.04% | +369+7.0% | Added |
| Blackstone Group Inc. | 5,597 | $1.61M | 0.01% | +366+7.0% | Added |
| Dai-Ichi Life Insurance Company, Ltd | 5,586 | $1.60M | 0.05% | −225−3.9% | Reduced |
| Diversified Trust Co | 5,551 | $1.59M | 0.03% | −37−0.7% | Reduced |
| Brooks, Moore & Associates, Inc. | 5,550 | $1.59M | 0.80% | −831−13.0% | Reduced |
| Wilkins Investment Counsel Inc | 5,537 | $1.59M | 0.23% | −25−0.4% | Reduced |
| Rehmann Capital Advisory Group | 5,532 | $1.59M | 0.08% | +292+5.6% | Added |
| Clark Asset Management, LLC | 5,530 | $1.59M | 0.15% | +9+0.2% | Added |
| Cove Private Wealth, LLC | 5,500 | $1.58M | 0.36% | 00.0% | Unchanged |
| CX Institutional | 5,468 | $1.57M | 0.05% | +187+3.5% | Added |
| First National Trust Co | 5,459 | $1.57M | 0.05% | −321−5.6% | Reduced |
| MB, Levis & Associates, LLC | 5,425 | $1.56M | 0.65% | −69−1.3% | Reduced |
| Letson Investment Management, Inc. | 5,420 | $1.56M | 0.60% | +20.0% | Added |
| CSU Producer Resources, Inc. | 5,400 | $1.55M | 4.44% | 00.0% | Unchanged |
| Main Street Group, LTD | 5,377 | $1.54M | 0.45% | 00.0% | Unchanged |
| Everence Capital Management Inc | 5,330 | $1.53M | 0.09% | 00.0% | Unchanged |
| Azzad Asset Management Inc | 5,319 | $1.53M | 0.15% | +19+0.4% | Added |
| Assetmark, Inc | 5,306 | $1.52M | 0.00% | +117+2.3% | Added |
| NBT Bank N A | 5,298 | $1.52M | 0.10% | −14−0.3% | Reduced |
| Raiffeisen Bank International AG | 5,383 | $1.52M | 0.02% | +1,522+39.4% | Added |
| Ballentine Partners, LLC | 5,288 | $1.52M | 0.02% | −31−0.6% | Reduced |
| Boston Trust Walden Corp | 5,267 | $1.51M | 0.01% | 00.0% | Unchanged |
| Exchange Bank | 5,256 | $1.51M | 1.05% | −100−1.9% | Reduced |
| Blue Jean Financial LLC | 5,251 | $1.51M | 1.24% | −163−3.0% | Reduced |
| Peapack Gladstone Financial Corp | 5,244 | $1.51M | 0.02% | +160+3.1% | Added |
| Virtu Financial LLC | 5,203 | $1.49M | 0.06% | −4,421−45.9% | Reduced |
| Clear Trail Advisors, LLC | 5,156 | $1.48M | 0.25% | +5,156 | New |
| City Holding Co | 5,144 | $1.48M | 0.18% | −94−1.8% | Reduced |