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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.

Institutional holdersQ1 2026: 1,841 institutions
Q1 2021: 1,514 institutionsQ2 2021: 1,546 institutionsQ3 2021: 1,494 institutionsQ4 2021: 1,644 institutionsQ1 2022: 1,646 institutionsQ2 2022: 1,543 institutionsQ3 2022: 1,501 institutionsQ4 2022: 1,592 institutionsQ1 2023: 1,500 institutionsQ2 2023: 1,529 institutionsQ3 2023: 1,444 institutionsQ4 2023: 1,585 institutionsQ1 2024: 1,628 institutionsQ2 2024: 1,565 institutionsQ3 2024: 1,612 institutionsQ4 2024: 1,686 institutionsQ1 2025: 1,656 institutionsQ2 2025: 1,693 institutionsQ3 2025: 1,801 institutionsQ4 2025: 1,852 institutionsQ1 2026: 1,841 institutionsQ2 2026: 1,869 institutions
Value heldQ1 2026: $48.2B
Q1 2021: $49.7BQ2 2021: $48.1BQ3 2021: $42.6BQ4 2021: $52.7BQ1 2022: $50.2BQ2 2022: $39.6BQ3 2022: $36.1BQ4 2022: $41.8BQ1 2023: $35.4BQ2 2023: $37.9BQ3 2023: $33.1BQ4 2023: $40.1BQ1 2024: $43.1BQ2 2024: $36.7BQ3 2024: $42.4BQ4 2024: $41.0BQ1 2025: $41.2BQ2 2025: $45.1BQ3 2025: $50.8BQ4 2025: $49.8BQ1 2026: $48.2BQ2 2026: $53.6B
Institutions holding NSC and their total value by quarter
QuarterHoldersValue
Q2 20261,869$53.6B
Q1 20261,841$48.2B
Q4 20251,852$49.8B
Q3 20251,801$50.8B
Q2 20251,693$45.1B
Q1 20251,656$41.2B
Q4 20241,686$41.0B
Q3 20241,612$42.4B
Q2 20241,565$36.7B
Q1 20241,628$43.1B
Q4 20231,585$40.1B
Q3 20231,444$33.1B
Q2 20231,529$37.9B
Q1 20231,500$35.4B
Q4 20221,592$41.8B
Q3 20221,501$36.1B
Q2 20221,543$39.6B
Q1 20221,646$50.2B
Q4 20211,644$52.7B
Q3 20211,494$42.6B
Q2 20211,546$48.1B
Q1 20211,514$49.7B

Institutions, Q1 2026

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q4 2025.

Institutions holding NSC in Q1 2026
InstitutionSharesValue% of portfolioChange in sharesAction
Broderick Brian C3,750$1.08M0.20%00.0%Unchanged
Fayez Sarofim & Co3,748$1.08M0.00%00.0%Unchanged
Level Four Advisory Services, LLC3,732$1.07M0.04%+1,288+52.7%Added
Cyndeo Wealth Partners, LLC3,719$1.07M0.06%+28+0.8%Added
Firestone Capital Management3,715$1.07M0.22%00.0%Unchanged
Acropolis Investment Management, LLC3,708$1.06M0.05%−17−0.5%Reduced
Navellier & Associates Inc3,700$1.06M0.11%00.0%Unchanged
Longfellow Investment Management Co LLC3,695$1.06M0.22%+575+18.4%Added
Philadelphia Trust Co3,685$1.06M0.07%−11−0.3%Reduced
Advyzon Investment Management, LLC3,683$1.06M0.09%−144−3.8%Reduced
Bollard Group LLC3,676$1.05M0.03%+15+0.4%Added
Park Place Capital Corp3,666$1.05M0.21%−2−0.1%Reduced
North Star Asset Management Inc3,664$1.05M0.05%−15−0.4%Reduced
Aventura Private Wealth, LLC3,653$1.05M0.38%−7−0.2%Reduced
Adviser Investments LLC3,651$1.05M0.01%−2,038−35.8%Reduced
Schulhoff & Co Inc3,635$1.04M0.43%00.0%Unchanged
Virtue Asset Management LLC3,606$1.03M0.82%−1,046−22.5%Reduced
Financial Security Advisor, Inc.3,604$1.03M0.19%+6+0.2%Added
Paradigm Asset Management Co LLC3,600$1.03M0.24%00.0%Unchanged
Catalytic Wealth RIA, LLC3,596$1.03M0.04%−83−2.3%Reduced
Key Financial Inc3,581$1.03M0.18%−2−0.1%Reduced
Mutual Advisors, LLC3,576$1.03M0.02%−111−3.0%Reduced
Chicago Trust Co NA3,556$1.02M0.16%−2−0.1%Reduced
Shayne & Co., LLC3,546$1.02M0.31%00.0%Unchanged
Quadcap Wealth Management, LLC3,545$1.02M0.12%−80−2.2%Reduced
Athena Investment Management3,543$1.02M0.53%00.0%Unchanged
Inscription Capital, LLC3,524$1.01M0.11%+28+0.8%Added
Rodgers Brothers Inc.3,509$1.01M0.12%00.0%Unchanged
MBL Wealth, LLC3,506$1.01M0.08%+239+7.3%Added
Evermay Wealth Management LLC3,505$1.01M0.11%00.0%Unchanged
Cottage Street Advisors LLC3,504$1.01M0.44%−10.0%Reduced
Dorsey & Whitney Trust CO LLC3,504$1.01M0.06%00.0%Unchanged
Pincus Capital Management, LP3,500$1.00M0.70%00.0%Unchanged
Personal Cfo Solutions, LLC3,469$995.5K0.14%−377−9.8%Reduced
Tull Financial Group, Inc.3,448$989.6K0.44%−37−1.1%Reduced
Syon Capital LLC3,431$984.8K0.05%−266−7.2%Reduced
Wedgewood Investors Inc3,425$983.0K1.13%00.0%Unchanged
Probity Advisors, Inc.3,424$982.7K0.16%−168−4.7%Reduced
Searle & Co.3,422$982.1K0.25%00.0%Unchanged
Financial Sense Advisors, Inc.3,420$981.5K0.20%00.0%Unchanged
Allegheny Financial Group LTD3,417$980.9K0.13%+9+0.3%Added
Saturna Capital CORP3,410$978.7K0.01%−450−11.7%Reduced
Malaga Cove Capital, LLC3,384$971.2K0.35%−46−1.3%Reduced
Pekin Hardy Strauss, Inc.3,373$968.1K0.10%−120−3.4%Reduced
Tema ETFs LLC3,372$967.8K0.06%+14+0.4%Added
HighPoint Advisor Group LLC3,365$965.8K0.04%−7,739−69.7%Reduced
Kovack Advisors, Inc.3,363$965.6K0.05%−2−0.1%Reduced
ION Fund Management Ltd3,335$957.1K0.15%00.0%Unchanged
Wealthcare Advisory Partners LLC3,331$956.0K0.02%−298−8.2%Reduced
Millstone Evans Group, LLC3,327$954.8K0.57%00.0%Unchanged
Acadian Asset Management LLC3,320$952.0K0.00%+3,320New
Great Lakes Advisors, LLC3,303$948.0K0.01%−126−3.7%Reduced
Clearbridge Investments, LLC3,300$947.1K0.00%00.0%Unchanged
ICW Investment Advisors LLC3,284$942.6K0.34%+48+1.5%Added
Mitchell McLeod Pugh & Williams Inc3,269$938.2K0.14%−40−1.2%Reduced
Summit Financial, LLC3,262$936.2K0.01%+13+0.4%Added
Waldron Private Wealth LLC3,256$934.5K0.04%−41−1.2%Reduced
Southern Michigan Bank & Trust3,254$933.9K0.36%+3,254New
Everhart Financial Group, Inc.3,240$929.9K0.08%+319+10.9%Added
Dark Forest Capital Management LP3,238$929.3K0.08%+3,238New
Capstone Investment Advisors, LLC3,228$926.4K0.01%−99,272−96.9%Reduced
Westbourne Investment Advisors, Inc.3,222$924.7K0.27%00.0%Unchanged
Integrated Advisors Network LLC3,220$924.2K0.05%−174−5.1%Reduced
Hayek Kallen Investment Management3,220$924.0K0.30%+3,220New
Exencial Wealth Advisors, LLC3,216$923.1K0.03%00.0%Unchanged
Aull & Monroe Investment Management Corp3,209$921.0K0.43%00.0%Unchanged
River Wealth Advisors LLC3,207$920.4K0.11%+7+0.2%Added
Norman Fields, Gottscho Capital Management, LLC3,150$904.0K0.30%00.0%Unchanged
Sumitomo Life Insurance Co3,133$899.2K0.02%+46+1.5%Added
Farmers Trust Co3,121$895.7K0.14%00.0%Unchanged
Integrated Wealth Concepts LLC3,116$894.3K0.01%+2,305+284.2%Added
Patton Albertson Miller Group, LLC3,110$892.6K0.11%−97−3.0%Reduced
Parkside Financial Bank & Trust3,100$889.7K0.07%−43−1.4%Reduced
Atomi Financial Group, Inc.3,097$888.8K0.03%+209+7.2%Added
Confluence Wealth Services, Inc.3,091$886.8K0.03%+10.0%Added
Dearborn Partners LLC3,090$886.7K0.05%−192−5.9%Reduced
Heritage Wealth Advisors3,059$877.9K0.03%−1,325−30.2%Reduced
Toth Financial Advisory Corp3,051$875.6K0.10%+2,176+248.7%Added
Northcape Wealth Management, LLC3,037$871.6K0.24%−30−1.0%Reduced
Horizon Kinetics Asset Management LLC3,033$870.5K0.01%00.0%Unchanged
Forum Financial Management, LP3,031$869.9K0.01%−2,869−48.6%Reduced
Harbor Advisors LLC3,000$861.0K0.12%00.0%Unchanged
Aberdeen Wealth Management LLC2,996$859.8K0.39%−74−2.4%Reduced
Blue Edge Capital, LLC2,989$857.8K0.11%+1,489+99.3%Added
XML Financial, LLC2,986$856.8K0.07%+69+2.4%Added
Smith, Moore & Co.2,984$856.5K0.06%−48−1.6%Reduced
Diversify Wealth Management, LLC2,739$854.7K0.02%+2,739New
Advocate Group LLC2,977$854.4K0.13%00.0%Unchanged
Mather Group, LLC.2,970$852.4K0.01%+150+5.3%Added
Garner Asset Management Corp2,952$847.2K0.33%−10−0.3%Reduced
Chesapeake Capital Corp2,950$846.6K0.61%00.0%Unchanged
Schrum Private Wealth Management LLC2,950$846.6K0.65%00.0%Unchanged
Centric Wealth Management2,704$842.7K0.17%00.0%Unchanged
Independent Financial Group, LLC2,933$841.8K0.02%+282+10.6%Added
Everpar Advisors LLC2,924$839.2K0.29%−239−7.6%Reduced
Live Oak Private Wealth LLC2,910$835.2K0.12%00.0%Unchanged
Vestor Capital, LLC2,905$834.0K0.06%+503+20.9%Added
Checchi Capital Advisers, LLC2,890$829.5K0.06%+293+11.3%Added
Groupama Asset Managment2,874$824.8K0.01%+1,242+76.1%Added
Clear Harbor Asset Management, LLC2,873$824.6K0.06%00.0%Unchanged