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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
Oddo BHF Asset Management SAS100,000$31.5M1.46%+5,000+5.3%Added
Captrust Financial Advisors104,204$32.8M0.05%−344−0.3%Reduced
Danske Bank A/S107,201$33.7M0.07%−3,160−2.9%Reduced
Pictet Asset Management Holding SA107,234$33.7M0.03%+3,522+3.4%Added
Janney Montgomery Scott LLC109,747$34.5M0.07%+870+0.8%Added
Prudential Financial Inc110,939$34.9M0.04%−130−0.1%Reduced
Commonwealth Equity Services, LLC111,418$35.1M0.04%−3,808−3.3%Reduced
Stifel Financial Corp113,589$35.7M0.03%−4,148−3.5%Reduced
Natixis Advisors, L.P.114,133$35.9M0.04%+6,602+6.1%Added
Treasurer of the State of North Carolina115,674$36.4M0.09%+18,990+19.6%Added
Carnegie Capital Asset Management, LLC123,694$36.9M0.74%−2,074−1.6%Reduced
Aristotle Atlantic Partners, LLC117,388$36.9M1.53%+718+0.6%Added
Chevy Chase Trust Holdings, Inc.117,810$37.1M0.10%+220+0.2%Added
Yaupon Capital Management LP119,479$37.6M1.25%+119,479New
Keybank National Association119,812$37.7M0.12%−8,963−7.0%Reduced
SEI Investments Co121,394$38.2M0.03%−36,358−23.0%Reduced
Handelsbanken Fonder AB123,304$38.8M0.11%+2,023+1.7%Added
Grantham, Mayo, Van Otterloo & Co. LLC123,701$38.9M0.09%+54,476+78.7%Added
Franklin Resources Inc124,283$39.1M0.01%+256+0.2%Added
Baird Financial Group, Inc.125,095$39.4M0.05%−748−0.6%Reduced
Regions Financial Corp126,314$39.7M0.24%+1,482+1.2%Added
First Trust Advisors LP133,090$41.9M0.02%−14,006−9.5%Reduced
Boussard & Gavaudan Gestion SAS135,885$42.8M2.17%+135,885New
Toronto Dominion Bank136,864$43.1M0.07%+6,397+4.9%Added
Macquarie Group Ltd138,935$43.7M0.19%+12,738+10.1%Added
M&T Bank Corp140,003$44.0M0.13%−402−0.3%Reduced
Schonfeld Strategic Advisors LLC140,110$44.1M0.23%+21,492+18.1%Added
Great West Life Assurance Co140,535$44.2M0.07%−6,943−4.7%Reduced
Encompass Capital Advisors LLC145,000$45.6M1.97%+145,000New
Water Island Capital LLC146,283$46.0M4.87%+12,232+9.1%Added
Nearwater Capital Markets, Ltd149,000$46.9M0.81%+149,000New
Manufacturers Life Insurance Company, The149,918$47.2M0.04%−3,220−2.1%Reduced
Russell Investments Group, Ltd.150,325$47.3M0.04%+11,644+8.4%Added
Geneos Wealth Management Inc.151,492$47.7M0.97%−912−0.6%Reduced
Fifth Third Bancorp154,018$48.5M0.08%−5,125−3.2%Reduced
Robeco Institutional Asset Management B.V.155,167$48.8M0.06%+3,458+2.3%Added
Berkshire Asset Management LLC156,244$49.2M1.93%+504+0.3%Added
New York State Teachers Retirement System156,498$49.2M0.09%−10,324−6.2%Reduced
MUFG Securities EMEA plc158,794$50.0M0.52%+149,586+1,624.5%Added
Swedbank AB161,412$50.8M0.04%+10,322+6.8%Added
National Bank of Canada166,956$52.5M0.05%+10,203+6.5%Added
Omers Administration Corp167,860$52.8M0.32%+157,334+1,494.7%Added
Quantinno Capital Management LP173,473$54.6M0.07%+29,713+20.7%Added
US Bancorp174,732$55.0M0.06%+4,126+2.4%Added
Readystate Asset Management LP176,127$55.4M2.25%−7,700−4.2%Reduced
Man Group plc178,433$56.1M0.10%−30,721−14.7%Reduced
Birnam Oak Advisors, LP179,719$56.5M9.24%+27,884+18.4%Added
Cerity Partners LLC181,220$57.0M0.07%+1,657+0.9%Added
Truist Financial Corp182,436$57.4M0.07%−8,046−4.2%Reduced
Decagon Asset Management LLP184,363$58.0M11.57%−31,677−14.7%Reduced
State Board of Administration of Florida Retirement System187,828$59.1M0.10%−6,847−3.5%Reduced
Aviva PLC191,827$60.3M0.09%+1,520+0.8%Added
Assenagon Asset Management S.A.191,873$60.4M0.08%−168,596−46.8%Reduced
Magellan Asset Management Ltd201,346$63.3M1.42%−4,680−2.3%Reduced
State of Wisconsin Investment Board209,555$65.9M0.13%−17,546−7.7%Reduced
AQR Capital Management LLC210,820$66.0M0.02%+40,229+23.6%Added
Cincinnati Insurance Co214,400$67.4M0.97%−2,600−1.2%Reduced
Bank of Montreal217,426$68.4M0.03%+33,673+18.3%Added
Whittier Trust Co215,878$69.5M0.68%+702+0.3%Added
Woodline Partners LP221,015$69.5M0.21%+35,136+18.9%Added
Mizuho Markets Americas LLC221,015$69.5M1.25%+221,015New
Vanguard Investments Australia, Ltd.224,078$70.5M0.18%+5,296+2.4%Added
Envestnet Asset Management Inc226,821$71.4M0.02%−3,794−1.6%Reduced
New York State Common Retirement Fund229,920$72.3M0.09%−13,200−5.4%Reduced
Clearstead Advisors, LLC232,843$73.2M0.69%−17,247−6.9%Reduced
Governors Lane LP234,843$73.9M7.40%+5,509+2.4%Added
Calamos Advisors LLC242,024$76.1M0.28%−2,535−1.0%Reduced
Melqart Asset Management (UK) Ltd242,944$76.4M7.27%+82,096+51.0%Added
ExodusPoint Capital Management, LP244,499$76.9M0.71%+84,542+52.9%Added
Nomura Holdings Inc247,656$77.9M0.33%+239,208+2,831.5%Added
Principal Financial Group Inc249,080$78.4M0.04%−16,490−6.2%Reduced
LPL Financial LLC272,157$85.6M0.02%+3,561+1.3%Added
HighTower Advisors, LLC273,110$85.9M0.08%−3,795−1.4%Reduced
Magnetar Financial LLC275,215$86.6M0.79%+540.0%Added
ING Groep NV276,878$87.1M0.43%+52,615+23.5%Added
Empyrean Capital Partners, LP279,800$88.0M3.10%−37,300−11.8%Reduced
Markel Group Inc.SuperinvestorMarkel Group282,500$88.9M0.68%00.0%Unchanged
Ameriprise Financial Inc289,229$91.0M0.02%−6,131−2.1%Reduced
Healthcare of Ontario Pension Plan Trust Fund294,092$92.5M0.13%+162,637+123.7%Added
BNP Paribas Arbitrage, SA303,204$95.4M0.05%−14,163−4.5%Reduced
Fort Baker Capital Management LP314,269$98.9M7.87%+139,686+80.0%Added
Rokos Capital Management LLP314,671$99.0M1.24%+178,236+130.6%Added
TIG Advisors, LLC316,508$99.6M4.58%−19,690−5.9%Reduced
Barclays PLC320,164$100.7M0.03%−91,426−22.2%Reduced
CIBC Bancorp USA Inc.321,792$101.2M0.13%+234,301+267.8%Added
Commonwealth of Pennsylvania Public School Empls Retrmt Sys321,969$101.3M0.49%−31,760−9.0%Reduced
Raymond James Financial Inc329,989$103.8M0.03%−2,439−0.7%Reduced
Standard Life Aberdeen plc330,016$103.8M0.15%+28,647+9.5%Added
California State Teachers Retirement System341,574$107.5M0.10%+29,854+9.6%Added
Neuberger Berman Group LLC343,678$108.1M0.07%−222,929−39.3%Reduced
The PNC Financial Services Group, Inc.347,991$109.5M0.05%−5,007−1.4%Reduced
Two Sigma Investments, LP349,135$109.8M0.08%+210,914+152.6%Added
Sculptor Capital LP366,413$115.3M1.19%−292,000−44.3%Reduced
Laurion Capital Management LP384,349$120.9M8.77%+32,701+9.3%Added
Rhumbline Advisers420,195$132.2M0.10%−4,563−1.1%Reduced
California Public Employees Retirement System432,067$135.9M0.08%+16,411+3.9%Added
Davenport & Co LLC445,588$140.4M0.72%−5,504−1.2%Reduced
Royal Bank of Canada450,634$141.8M0.02%+6,615+1.5%Added
SG Americas Securities, LLC451,488$142.0M0.08%−8,317−1.8%Reduced
Squarepoint Ops LLC457,236$143.8M0.28%−308,415−40.3%Reduced