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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: 1,592 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 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 20221,592$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, 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
Cbre Clarion Securities LLC2,310$726.7K0.01%−58−2.4%Reduced
Mesirow Financial Investment Management, Inc.2,322$730.8K0.01%+6+0.3%Added
Legacy Capital Group California, Inc.2,330$733.0K0.22%−42−1.8%Reduced
Atlantic Edge Private Wealth Management, LLC2,335$734.7K0.15%00.0%Unchanged
Fulton Bank, N.A.2,337$735.2K0.02%−231−9.0%Reduced
Becker Capital Management Inc2,340$736.1K0.02%−125−5.1%Reduced
Sigma Planning Corp2,347$738.4K0.02%−2−0.1%Reduced
Peoples Financial Services Corp.2,357$741.5K0.32%−6−0.3%Reduced
Elser Financial Planning, Inc2,359$742.1K0.03%+2+0.1%Added
Ferguson Wellman Capital Management, Inc2,361$742.7K0.01%−146−5.8%Reduced
Rede Wealth, LLC2,361$742.9K0.25%−38−1.6%Reduced
Aberdeen Wealth Management LLC2,371$745.9K0.36%−625−20.9%Reduced
Papp L Roy & Associates2,378$748.1K0.08%−116−4.7%Reduced
TCG Advisory Services, LLC2,387$751.0K0.01%+95+4.1%Added
Fragasso Group Inc.2,393$752.7K0.04%+321+15.5%Added
Rational Advisors LLC2,421$761.6K0.07%+2,421New
Fiduciary Alliance LLC2,422$761.8K0.05%+254+11.7%Added
Aaron Wealth Advisors2,433$765.4K0.04%+1,470+152.6%Added
Chilton Investment Co LLC2,458$773.3K0.02%−83−3.3%Reduced
Navigation Group, LLC2,458$773.3K0.15%00.0%Unchanged
Empower Advisory Group, LLC2,459$773.6K0.00%+1,004+69.0%Added
Argyle Capital Management Inc.2,462$774.5K0.22%00.0%Unchanged
Mine & Arao Wealth Creation & Management, LLC.2,469$776.6K0.28%+9+0.4%Added
Capital Investment Advisory Services, LLC2,483$781.2K0.05%−8−0.3%Reduced
Monticello Wealth Management, LLC2,497$785.5K0.04%+25+1.0%Added
Phoenix Holdings Ltd.2,499$786.2K0.01%+318+14.6%Added
Garrison Bradford & Associates Inc2,500$786.5K0.85%00.0%Unchanged
Frank, Rimerman Advisors LLC2,511$789.9K0.04%+44+1.8%Added
Colonial Trust Co2,519$792.5K0.10%+52+2.1%Added
Compass Ion Advisors, LLC2,527$795.0K0.07%+5+0.2%Added
Advocate Group LLC2,531$796.2K0.12%−446−15.0%Reduced
Chesapeake Wealth Management2,555$803.8K0.23%00.0%Unchanged
JFS Wealth Advisors, LLC2,562$806.0K0.04%+17+0.7%Added
Lee Danner & Bass Inc2,581$812.0K0.05%+2+0.1%Added
Employees Retirement System of Texas2,581$812.0K0.01%+191+8.0%Added
Newbridge Financial Services Group, Inc.2,588$814.0K0.10%−16−0.6%Reduced
Mairs & Power Inc2,590$814.8K0.01%−125−4.6%Reduced
Dynamic Advisor Solutions LLC2,594$816.0K0.02%−260−9.1%Reduced
Salomon & Ludwin, LLC2,582$823.6K0.07%−12−0.5%Reduced
Curbstone Financial Management Corp2,634$828.6K0.14%−30−1.1%Reduced
Heritage Wealth Management, Inc.2,666$838.7K0.21%+2,666New
Soltis Investment Advisors LLC2,670$840.0K0.05%+111+4.3%Added
Choate Investment Advisors2,676$841.8K0.01%00.0%Unchanged
Centric Wealth Management2,704$842.7K0.13%00.0%Unchanged
Excalibur Management Corp2,687$845.3K0.28%−14−0.5%Reduced
Ritter Daniher Financial Advisory LLC2,687$845.4K0.13%+6+0.2%Added
Trust Co of Oklahoma2,692$846.9K0.22%−25−0.9%Reduced
Leelyn Smith, LLC2,700$849.4K0.10%00.0%Unchanged
S.A. Mason LLC2,700$849.4K0.26%00.0%Unchanged
Envestnet Portfolio Solutions, Inc.2,707$851.6K0.00%+867+47.1%Added
Dover Advisors, LLC2,952$852.3K0.35%+942+46.9%Added
Flagship Harbor Advisors, LLC2,720$855.6K0.03%+2+0.1%Added
Brown, Lisle/Cummings, Inc.2,723$856.6K0.19%+825+43.5%Added
Advance Capital Management, Inc.2,733$859.8K0.03%+3+0.1%Added
Smith, Salley & Associates2,751$865.4K0.04%+701+34.2%Added
CoreCap Advisors, LLC2,758$867.6K0.03%−5−0.2%Reduced
Kelman-Lazarov, Inc.2,766$870.1K0.11%+13+0.5%Added
Valley National Advisers Inc2,784$875.8K0.10%−10.0%Reduced
Fidelis Capital Partners, LLC2,792$878.3K0.05%−17−0.6%Reduced
Checchi Capital Advisers, LLC2,798$880.1K0.06%−92−3.2%Reduced
Garner Asset Management Corp2,801$881.0K0.29%−151−5.1%Reduced
Silver Lake Advisory, LLC2,807$883.0K0.32%+12+0.4%Added
Z3 Capital Partners, LLC2,813$884.9K0.19%00.0%Unchanged
Blue Edge Capital, LLC2,819$886.8K0.11%−170−5.7%Reduced
Clear Harbor Asset Management, LLC2,823$888.1K0.06%−50−1.7%Reduced
CM Wealth Advisors LLC2,834$891.5K0.16%+95+3.5%Added
Assetmark, Inc2,846$895.3K0.00%−2,460−46.4%Reduced
Marble Wealth, LLC2,849$896.4K0.14%−13−0.5%Reduced
Virtue Asset Management LLC2,852$897.2K0.63%−754−20.9%Reduced
Strive Financial Group ,LLC2,871$903.2K0.39%+13+0.5%Added
XML Financial, LLC2,873$903.8K0.07%−113−3.8%Reduced
Groupama Asset Managment2,874$906.6K0.01%00.0%Unchanged
Everpar Advisors LLC2,892$909.8K0.26%−32−1.1%Reduced
Signature Estate & Investment Advisors LLC2,908$915.1K0.02%+62+2.2%Added
Live Oak Private Wealth LLC2,910$915.5K0.11%00.0%Unchanged
Independent Financial Group, LLC2,926$920.5K0.02%−7−0.2%Reduced
Mather Group, LLC.2,952$928.6K0.01%−18−0.6%Reduced
Heritage Wealth Advisors2,954$929.3K0.03%−105−3.4%Reduced
Sumitomo Life Insurance Co2,957$930.2K0.02%−176−5.6%Reduced
Global Retirement Partners, LLC2,986$939.2K0.01%+2,986New
Smith, Moore & Co.2,987$939.7K0.06%+3+0.1%Added
Integrated Wealth Concepts LLC2,993$941.6K0.01%−123−3.9%Reduced
Patton Albertson Miller Group, LLC2,997$942.8K0.09%−113−3.6%Reduced
Norman Fields, Gottscho Capital Management, LLC3,000$943.8K0.29%−150−4.8%Reduced
Harbor Advisors LLC3,000$943.8K0.12%00.0%Unchanged
Cornerstone Wealth Management, LLC3,017$949.1K0.04%+357+13.4%Added
Toth Financial Advisory Corp3,021$950.4K0.09%−30−1.0%Reduced
Northcape Wealth Management, LLC3,037$955.4K0.25%00.0%Unchanged
Diversify Wealth Management, LLC2,788$957.1K0.02%+49+1.8%Added
Diversify Advisory Services, LLC2,788$957.1K0.02%+2,788New
Forum Financial Management, LP3,063$963.7K0.01%+32+1.1%Added
Horizon Kinetics Asset Management LLC3,083$969.9K0.01%+50+1.6%Added
Dearborn Partners LLC3,090$972.0K0.06%00.0%Unchanged
Wealthcare Advisory Partners LLC3,095$973.6K0.02%−236−7.1%Reduced
Parkside Financial Bank & Trust3,099$974.9K0.07%−10.0%Reduced
Hollow Brook Wealth Management LLC3,113$979.3K0.19%+3,113New
Panagora Asset Management Inc3,119$981.2K0.00%−18,525−85.6%Reduced
XTX Topco Ltd3,138$987.2K0.01%−29,457−90.4%Reduced
Everhart Financial Group, Inc.3,149$990.6K0.06%−91−2.8%Reduced
Integrated Advisors Network LLC3,151$991.3K0.05%−69−2.1%Reduced