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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
HighPoint Advisor Group LLC3,190$1.00M0.04%−175−5.2%Reduced
Gryphon Financial Partners LLC3,193$1.00M0.09%+653+25.7%Added
Atomi Financial Group, Inc.3,195$1.01M0.03%+98+3.2%Added
River Wealth Advisors LLC3,207$1.01M0.11%00.0%Unchanged
Aull & Monroe Investment Management Corp3,209$1.01M0.42%00.0%Unchanged
McKinley Carter Wealth Services, Inc.3,214$1.01M0.05%+2,001+165.0%Added
Hayek Kallen Investment Management3,220$1.01M0.31%00.0%Unchanged
Westbourne Investment Advisors, Inc.3,222$1.01M0.28%00.0%Unchanged
Keystone Financial Group3,223$1.01M0.06%−2,684−45.4%Reduced
Evergreen Capital Management LLC3,229$1.02M0.02%+1,106+52.1%Added
Aurora Private Wealth, Inc.3,249$1.02M0.65%−621−16.0%Reduced
Southern Michigan Bank & Trust3,249$1.02M0.36%−5−0.2%Reduced
Waldron Private Wealth LLC3,257$1.02M0.04%+10.0%Added
Catalytic Wealth RIA, LLC3,268$1.03M0.06%−328−9.1%Reduced
Mitchell McLeod Pugh & Williams Inc3,269$1.03M0.13%00.0%Unchanged
Athena Investment Management3,273$1.03M0.61%−270−7.6%Reduced
Atom Investors LP3,283$1.03M0.09%−2,572−43.9%Reduced
ICW Investment Advisors LLC3,286$1.03M0.36%+2+0.1%Added
Clearbridge Investments, LLC3,300$1.04M0.00%00.0%Unchanged
Ameritas Advisory Services, LLC3,303$1.04M0.02%+1,800+119.8%Added
Malaga Cove Capital, LLC3,308$1.04M0.33%−76−2.2%Reduced
Acadian Asset Management LLC3,320$1.04M0.00%00.0%Unchanged
Great Lakes Advisors, LLC3,320$1.04M0.01%+17+0.5%Added
Millstone Evans Group, LLC3,332$1.05M0.57%+5+0.2%Added
Old National Bancorp3,334$1.05M0.02%+484+17.0%Added
ION Fund Management Ltd3,335$1.05M0.12%00.0%Unchanged
Summit Financial, LLC3,342$1.05M0.01%+80+2.5%Added
Mutual Advisors, LLC3,361$1.06M0.02%−215−6.0%Reduced
Trustco Bank Corp N Y3,361$1.06M0.77%+1,290+62.3%Added
Dorsey & Whitney Trust CO LLC3,369$1.06M0.05%−135−3.9%Reduced
Syon Capital LLC3,370$1.06M0.05%−61−1.8%Reduced
Probity Advisors, Inc.3,371$1.06M0.15%−53−1.5%Reduced
VeraBank, N.A.3,380$1.06M0.18%−500−12.9%Reduced
Headlands Technologies LLC3,385$1.06M0.11%−1,571−31.7%Reduced
Commerzbank Aktiengesellschaft3,384$1.06M0.02%+1,526+82.1%Added
Saturna Capital CORP3,410$1.07M0.01%00.0%Unchanged
Financial Sense Advisors, Inc.3,420$1.08M0.21%00.0%Unchanged
Wedgewood Investors Inc3,425$1.08M1.11%00.0%Unchanged
Tull Financial Group, Inc.3,449$1.08M0.42%+10.0%Added
Kovack Advisors, Inc.3,448$1.09M0.05%+85+2.5%Added
Pekin Hardy Strauss, Inc.3,476$1.09M0.10%+103+3.1%Added
Pincus Capital Management, LP3,500$1.10M0.66%00.0%Unchanged
Personal Cfo Solutions, LLC3,502$1.10M0.16%+33+1.0%Added
IFG Advisory, LLC3,502$1.10M0.04%+3,502New
Evermay Wealth Management LLC3,505$1.10M0.11%00.0%Unchanged
Rodgers Brothers Inc.3,509$1.10M0.11%00.0%Unchanged
Cottage Street Advisors LLC3,515$1.11M0.43%+11+0.3%Added
Tower Research Capital LLC (TRC)3,522$1.11M0.03%−26,281−88.2%Reduced
Financial Security Advisor, Inc.3,525$1.11M0.18%−79−2.2%Reduced
MBL Wealth, LLC3,534$1.11M0.08%+28+0.8%Added
Shayne & Co., LLC3,546$1.12M0.33%00.0%Unchanged
Chicago Trust Co NA3,549$1.12M0.16%−7−0.2%Reduced
Allegheny Financial Group LTD3,552$1.12M0.12%+135+4.0%Added
Key Financial Inc3,581$1.13M0.18%00.0%Unchanged
DAGCO, Inc.3,582$1.13M0.21%−698−16.3%Reduced
Quadcap Wealth Management, LLC3,595$1.13M0.11%+50+1.4%Added
Natixis3,596$1.13M0.01%−11,858−76.7%Reduced
Aventura Private Wealth, LLC3,625$1.14M0.35%−28−0.8%Reduced
Schulhoff & Co Inc3,635$1.14M0.46%00.0%Unchanged
Adviser Investments LLC3,646$1.15M0.01%−5−0.1%Reduced
North Star Asset Management Inc3,649$1.15M0.05%−15−0.4%Reduced
Tema ETFs LLC3,662$1.15M0.04%+290+8.6%Added
Park Place Capital Corp3,668$1.15M0.18%+2+0.1%Added
Philadelphia Trust Co3,685$1.16M0.07%00.0%Unchanged
Inscription Capital, LLC3,685$1.16M0.10%+161+4.6%Added
Bollard Group LLC3,691$1.16M0.04%+15+0.4%Added
Cyndeo Wealth Partners, LLC3,693$1.16M0.05%−26−0.7%Reduced
Longfellow Investment Management Co LLC3,695$1.16M0.24%00.0%Unchanged
Navellier & Associates Inc3,700$1.16M0.09%00.0%Unchanged
Acropolis Investment Management, LLC3,708$1.17M0.05%00.0%Unchanged
Firestone Capital Management3,715$1.17M0.22%00.0%Unchanged
Fayez Sarofim & Co3,748$1.18M0.00%00.0%Unchanged
New Hampshire Trust3,750$1.18M0.22%−54−1.4%Reduced
Broderick Brian C3,750$1.18M0.18%00.0%Unchanged
Pinnacle West Asset Management, Inc.3,750$1.18M0.82%−40−1.1%Reduced
Horizon Investments, LLC3,796$1.19M0.01%+20+0.5%Added
Guyasuta Investment Advisors Inc3,790$1.19M0.06%−7−0.2%Reduced
TCW Group Inc3,806$1.20M0.01%−426−10.1%Reduced
Venture Visionary Partners LLC3,812$1.20M0.03%−143−3.6%Reduced
HORAN Wealth, LLC3,812$1.20M0.15%−3,794−49.9%Reduced
Independence Bank of Kentucky3,815$1.20M0.14%−30−0.8%Reduced
Hilton Head Capital Partners, LLC3,818$1.20M0.61%−6−0.2%Reduced
Washington Capital Management Inc3,825$1.20M0.79%+1,500+64.5%Added
Guardian Wealth Advisors, LLC3,829$1.20M0.07%−95−2.4%Reduced
CoreFirst Bank & Trust3,832$1.21M0.60%−125−3.2%Reduced
Pathway Financial Advisers, LLC3,840$1.21M0.30%+37+1.0%Added
St. Clair Advisors, LLC3,847$1.21M0.31%00.0%Unchanged
Aldebaran Financial Inc.3,852$1.21M0.98%−76−1.9%Reduced
Pullen Investment Management, LLC3,867$1.22M0.56%−18−0.5%Reduced
Salem Investment Counselors Inc3,873$1.22M0.03%00.0%Unchanged
Larson Financial Group LLC3,910$1.23M0.03%+75+2.0%Added
Searle & Co.3,922$1.23M0.28%+500+14.6%Added
Beverly Hills Private Wealth, LLC3,934$1.24M0.24%−6,180−61.1%Reduced
Texas Bank & Trust Co3,935$1.24M0.41%−235−5.6%Reduced
Delaney Dennis R3,953$1.24M0.40%00.0%Unchanged
Siemens Fonds Invest GmbH3,965$1.25M0.06%+136+3.6%Added
Alliance Wealth Strategies, LLC d/b/a Brown Edwards Wealth Strategies3,968$1.25M0.98%00.0%Unchanged
DF Dent & Co Inc3,975$1.25M0.02%−546−12.1%Reduced
CSS LLC3,991$1.26M0.06%00.0%Unchanged
Wendell David Associates Inc4,000$1.26M0.13%−25−0.6%Reduced