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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, Q2 2026

Institutional positions in Norfolk Southern Corp as of Jun 30, 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
1,869
+51 vs. Q1 2026
Shares held
170.6M
+2.79M (+1.7%) vs. Q1 2026
Total value
$53.6B
+$5.51B (+11.5%) vs. Q1 2026
New holders
136
611 more added
Sold out
85
643 more reduced

23 institutions that held it in Q1 2026 haven't filed for Q2 2026 yet. Not filing isn't selling, so they aren't counted as sold out or in the changes above.

Compare with Q1 2026: 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 holdersQ2 2026: 1,869 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: 1,590 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 heldQ2 2026: $53.6B
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 20221,590$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, Q2 2026

Shares, value and share of portfolio for each institution holding Norfolk Southern Corp; share changes are against Q1 2026.

Institutions holding NSC in Q2 2026
InstitutionSharesValue% of portfolioChange in sharesAction
BlackRock, Inc.16,000,346$5.03B0.07%+724,235+4.7%Added
Vanguard Capital Management LLC14,666,136$4.61B0.10%+79,477+0.5%Added
State Street Corp10,242,817$3.22B0.10%+408,771+4.2%Added
Vanguard Portfolio Management LLC7,215,898$2.27B0.10%+3,190,005+79.2%Added
Millennium Management LLC5,201,728$1.64B1.11%+617,642+13.5%Added
Geode Capital Management, LLC5,114,278$1.60B0.09%+38,090+0.8%Added
Bank of America Corp3,111,914$979.0M0.06%−89,179−2.8%Reduced
Norges Bank3,040,628$956.6M0.10%+3,040,628New
Pentwater Capital Management LP2,775,000$873.0M6.97%−445,000−13.8%Reduced
Northern Trust Corp2,614,406$822.5M0.10%−23,262−0.9%Reduced
Morgan Stanley2,611,985$821.7M0.04%−15,435−0.6%Reduced
D. E. Shaw & Co., Inc.2,601,202$818.3M0.51%+337,722+14.9%Added
Dodge & Cox2,508,128$789.0M0.41%−3,749,622−59.9%Reduced
Dimensional Fund Advisors LP2,259,711$710.9M0.13%+1530.0%Added
Capital World Investors2,011,919$632.9M0.07%+5,247+0.3%Added
Price T Rowe Associates Inc1,925,031$605.6M0.06%−204,770−9.6%Reduced
Goldman Sachs Group Inc1,888,947$594.2M0.06%+263,202+16.2%Added
HBK Investments L P1,750,000$550.5M6.40%+13,644+0.8%Added
Arrowstreet Capital, Limited Partnership1,732,049$544.9M0.24%+105,361+6.5%Added
London Co of Virginia1,652,991$520.0M2.97%−47,306−2.8%Reduced
Legal & General Group Plc1,599,203$503.1M0.10%−110,202−6.4%Reduced
Citadel Advisors LLC1,585,467$498.8M0.29%−1,034,915−39.5%Reduced
Amundi1,540,605$484.7M0.12%−686,280−30.8%Reduced
American Century Companies Inc1,526,249$480.1M0.21%−502,687−24.8%Reduced
Charles Schwab Investment Management Inc1,483,414$466.7M0.06%+4,519+0.3%Added
Mirae Asset Global ETFs Holdings Ltd.1,427,631$449.1M0.54%+113,633+8.6%Added
FMR LLC1,389,376$437.1M0.02%−431,335−23.7%Reduced
JPMorgan Chase & Co1,350,252$427.6M0.02%−277,190−17.0%Reduced
Invesco Ltd.1,346,401$423.6M0.03%−420,694−23.8%Reduced
Vanguard Fiduciary Trust Co1,260,990$396.7M0.09%−3,252−0.3%Reduced
Fisher Asset Management, LLC1,200,449$377.6M0.11%+45,035+3.9%Added
Capital Wealth Planning, LLC1,189,769$374.3M1.87%+291,395+32.4%Added
Bank of New York Mellon Corp1,158,377$364.4M0.06%−34,478−2.9%Reduced
UBS Asset Management Americas Inc1,157,595$364.2M0.07%+3,460+0.3%Added
Deutsche Bank AG1,133,406$356.6M0.10%+430,085+61.2%Added
Balyasny Asset Management LLC1,111,173$349.6M0.64%−227,544−17.0%Reduced
Wells Fargo & Company1,044,885$328.7M0.06%+1,408+0.1%Added
Caxton Associates LLP1,043,375$328.2M6.17%+705,249+208.6%Added
Primecap Management Co1,032,910$324.9M0.19%−5000.0%Reduced
UBS Group AG1,004,653$316.1M0.05%−773,416−43.5%Reduced
Qube Research & Technologies Ltd895,245$281.6M0.31%−22,746−2.5%Reduced
Cohen & Steers, Inc.777,270$244.5M0.39%+33,130+4.5%Added
Adage Capital Partners GP, L.L.C.766,536$241.1M0.34%−87,500−10.2%Reduced
Kryger Capital LLC766,243$241.1M13.75%+235,974+44.5%Added
Verition Fund Management LLC758,728$238.7M1.68%+27,595+3.8%Added
Citigroup Inc752,636$236.8M0.11%+97,320+14.9%Added
Hotchkis & Wiley Capital Management LLC727,138$228.8M0.67%−14,530−2.0%Reduced
LMR Partners LLP721,895$227.1M1.67%+287,118+66.0%Added
Marshall Wace, LLP711,526$223.8M0.19%+68,013+10.6%Added
Symmetry Investments LP650,496$204.6M22.71%+495,553+319.8%Added
Tudor Investment Corp Et Al647,145$203.6M0.84%+15,470+2.4%Added
Swiss National Bank633,240$199.2M0.10%−25,280−3.8%Reduced
Nuveen, LLC628,769$197.8M0.05%−39,870−6.0%Reduced
Third Point LLCSuperinvestorThird Point600,000$188.8M4.06%+500,000+500.0%Added
Canada Pension Plan Investment Board588,715$185.2M0.10%+68,233+13.1%Added
Bank of Nova Scotia575,207$181.0M0.27%−13,265−2.3%Reduced
CNH Partners LLC578,240$180.9M2.58%+132,101+29.6%Added
Cincinnati Financial Corp574,287$180.7M3.45%−13,400−2.3%Reduced
National Pension Service548,054$172.4M0.11%+17,809+3.4%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.543,331$170.9M0.09%+34,039+6.7%Added
Alliancebernstein L.P.577,036$165.6M0.06%+5,464+1.0%Added
HSBC Holdings PLC517,163$162.9M0.08%+69,072+15.4%Added
Westchester Capital Management, LLC515,734$162.2M8.15%+14,096+2.8%Added
FIL Ltd501,163$157.7M0.11%+10,405+2.1%Added
Sumitomo Mitsui Trust Holdings, Inc.498,289$156.8M0.09%−5,753−1.1%Reduced
Hudson Bay Capital Management LP486,264$153.0M0.72%+73,711+17.9%Added
Vanguard Global Advisers, LLC483,772$152.2M0.07%−6,419−1.3%Reduced
Vanguard Asset Management, Ltd476,099$149.8M0.10%+53,581+12.7%Added
Alpine Associates Management Inc.461,655$145.2M9.09%−2,800−0.6%Reduced
Squarepoint Ops LLC457,236$143.8M0.28%−308,415−40.3%Reduced
SG Americas Securities, LLC451,488$142.0M0.08%−8,317−1.8%Reduced
Royal Bank of Canada450,634$141.8M0.02%+6,615+1.5%Added
Davenport & Co LLC445,588$140.4M0.72%−5,504−1.2%Reduced
California Public Employees Retirement System432,067$135.9M0.08%+16,411+3.9%Added
Rhumbline Advisers420,195$132.2M0.10%−4,563−1.1%Reduced
Laurion Capital Management LP384,349$120.9M8.77%+32,701+9.3%Added
Sculptor Capital LP366,413$115.3M1.19%−292,000−44.3%Reduced
Two Sigma Investments, LP349,135$109.8M0.08%+210,914+152.6%Added
The PNC Financial Services Group, Inc.347,991$109.5M0.05%−5,007−1.4%Reduced
Neuberger Berman Group LLC343,678$108.1M0.07%−222,929−39.3%Reduced
California State Teachers Retirement System341,574$107.5M0.10%+29,854+9.6%Added
Standard Life Aberdeen plc330,016$103.8M0.15%+28,647+9.5%Added
Raymond James Financial Inc329,989$103.8M0.03%−2,439−0.7%Reduced
Commonwealth of Pennsylvania Public School Empls Retrmt Sys321,969$101.3M0.49%−31,760−9.0%Reduced
CIBC Bancorp USA Inc.321,792$101.2M0.13%+234,301+267.8%Added
Barclays PLC320,164$100.7M0.03%−91,426−22.2%Reduced
TIG Advisors, LLC316,508$99.6M4.58%−19,690−5.9%Reduced
Rokos Capital Management LLP314,671$99.0M1.24%+178,236+130.6%Added
Fort Baker Capital Management LP314,269$98.9M7.87%+139,686+80.0%Added
BNP Paribas Arbitrage, SA303,204$95.4M0.05%−14,163−4.5%Reduced
Healthcare of Ontario Pension Plan Trust Fund294,092$92.5M0.13%+162,637+123.7%Added
Ameriprise Financial Inc289,229$91.0M0.02%−6,131−2.1%Reduced
Markel Group Inc.SuperinvestorMarkel Group282,500$88.9M0.68%00.0%Unchanged
Empyrean Capital Partners, LP279,800$88.0M3.10%−37,300−11.8%Reduced
ING Groep NV276,878$87.1M0.43%+52,615+23.5%Added
Magnetar Financial LLC275,215$86.6M0.79%+540.0%Added
HighTower Advisors, LLC273,110$85.9M0.08%−3,795−1.4%Reduced
LPL Financial LLC272,157$85.6M0.02%+3,561+1.3%Added
Principal Financial Group Inc249,080$78.4M0.04%−16,490−6.2%Reduced
Nomura Holdings Inc247,656$77.9M0.33%+239,208+2,831.5%Added