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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
Alpine Associates Management Inc.461,655$145.2M9.09%−2,800−0.6%Reduced
Vanguard Asset Management, Ltd476,099$149.8M0.10%+53,581+12.7%Added
Vanguard Global Advisers, LLC483,772$152.2M0.07%−6,419−1.3%Reduced
Hudson Bay Capital Management LP486,264$153.0M0.72%+73,711+17.9%Added
Sumitomo Mitsui Trust Holdings, Inc.498,289$156.8M0.09%−5,753−1.1%Reduced
FIL Ltd501,163$157.7M0.11%+10,405+2.1%Added
Westchester Capital Management, LLC515,734$162.2M8.15%+14,096+2.8%Added
HSBC Holdings PLC517,163$162.9M0.08%+69,072+15.4%Added
Alliancebernstein L.P.577,036$165.6M0.06%+5,464+1.0%Added
Mitsubishi UFJ Kokusai Asset Management Co., Ltd.543,331$170.9M0.09%+34,039+6.7%Added
National Pension Service548,054$172.4M0.11%+17,809+3.4%Added
Cincinnati Financial Corp574,287$180.7M3.45%−13,400−2.3%Reduced
CNH Partners LLC578,240$180.9M2.58%+132,101+29.6%Added
Bank of Nova Scotia575,207$181.0M0.27%−13,265−2.3%Reduced
Canada Pension Plan Investment Board588,715$185.2M0.10%+68,233+13.1%Added
Third Point LLCSuperinvestorThird Point600,000$188.8M4.06%+500,000+500.0%Added
Nuveen, LLC628,769$197.8M0.05%−39,870−6.0%Reduced
Swiss National Bank633,240$199.2M0.10%−25,280−3.8%Reduced
Tudor Investment Corp Et Al647,145$203.6M0.84%+15,470+2.4%Added
Symmetry Investments LP650,496$204.6M22.71%+495,553+319.8%Added
Marshall Wace, LLP711,526$223.8M0.19%+68,013+10.6%Added
LMR Partners LLP721,895$227.1M1.67%+287,118+66.0%Added
Hotchkis & Wiley Capital Management LLC727,138$228.8M0.67%−14,530−2.0%Reduced
Citigroup Inc752,636$236.8M0.11%+97,320+14.9%Added
Verition Fund Management LLC758,728$238.7M1.68%+27,595+3.8%Added
Kryger Capital LLC766,243$241.1M13.75%+235,974+44.5%Added
Adage Capital Partners GP, L.L.C.766,536$241.1M0.34%−87,500−10.2%Reduced
Cohen & Steers, Inc.777,270$244.5M0.39%+33,130+4.5%Added
Qube Research & Technologies Ltd895,245$281.6M0.31%−22,746−2.5%Reduced
UBS Group AG1,004,653$316.1M0.05%−773,416−43.5%Reduced
Primecap Management Co1,032,910$324.9M0.19%−5000.0%Reduced
Caxton Associates LLP1,043,375$328.2M6.17%+705,249+208.6%Added
Wells Fargo & Company1,044,885$328.7M0.06%+1,408+0.1%Added
Balyasny Asset Management LLC1,111,173$349.6M0.64%−227,544−17.0%Reduced
Deutsche Bank AG1,133,406$356.6M0.10%+430,085+61.2%Added
UBS Asset Management Americas Inc1,157,595$364.2M0.07%+3,460+0.3%Added
Bank of New York Mellon Corp1,158,377$364.4M0.06%−34,478−2.9%Reduced
Capital Wealth Planning, LLC1,189,769$374.3M1.87%+291,395+32.4%Added
Fisher Asset Management, LLC1,200,449$377.6M0.11%+45,035+3.9%Added
Vanguard Fiduciary Trust Co1,260,990$396.7M0.09%−3,252−0.3%Reduced
Invesco Ltd.1,346,401$423.6M0.03%−420,694−23.8%Reduced
JPMorgan Chase & Co1,350,252$427.6M0.02%−277,190−17.0%Reduced
FMR LLC1,389,376$437.1M0.02%−431,335−23.7%Reduced
Mirae Asset Global ETFs Holdings Ltd.1,427,631$449.1M0.54%+113,633+8.6%Added
Charles Schwab Investment Management Inc1,483,414$466.7M0.06%+4,519+0.3%Added
American Century Companies Inc1,526,249$480.1M0.21%−502,687−24.8%Reduced
Amundi1,540,605$484.7M0.12%−686,280−30.8%Reduced
Citadel Advisors LLC1,585,467$498.8M0.29%−1,034,915−39.5%Reduced
Legal & General Group Plc1,599,203$503.1M0.10%−110,202−6.4%Reduced
London Co of Virginia1,652,991$520.0M2.97%−47,306−2.8%Reduced
Arrowstreet Capital, Limited Partnership1,732,049$544.9M0.24%+105,361+6.5%Added
HBK Investments L P1,750,000$550.5M6.40%+13,644+0.8%Added
Goldman Sachs Group Inc1,888,947$594.2M0.06%+263,202+16.2%Added
Price T Rowe Associates Inc1,925,031$605.6M0.06%−204,770−9.6%Reduced
Capital World Investors2,011,919$632.9M0.07%+5,247+0.3%Added
Dimensional Fund Advisors LP2,259,711$710.9M0.13%+1530.0%Added
Dodge & Cox2,508,128$789.0M0.41%−3,749,622−59.9%Reduced
D. E. Shaw & Co., Inc.2,601,202$818.3M0.51%+337,722+14.9%Added
Morgan Stanley2,611,985$821.7M0.04%−15,435−0.6%Reduced
Northern Trust Corp2,614,406$822.5M0.10%−23,262−0.9%Reduced
Pentwater Capital Management LP2,775,000$873.0M6.97%−445,000−13.8%Reduced
Norges Bank3,040,628$956.6M0.10%+3,040,628New
Bank of America Corp3,111,914$979.0M0.06%−89,179−2.8%Reduced
Geode Capital Management, LLC5,114,278$1.60B0.09%+38,090+0.8%Added
Millennium Management LLC5,201,728$1.64B1.11%+617,642+13.5%Added
Vanguard Portfolio Management LLC7,215,898$2.27B0.10%+3,190,005+79.2%Added
State Street Corp10,242,817$3.22B0.10%+408,771+4.2%Added
Vanguard Capital Management LLC14,666,136$4.61B0.10%+79,477+0.5%Added
BlackRock, Inc.16,000,346$5.03B0.07%+724,235+4.7%Added
HRT Financial LP0$00.00%−143,299−100.0%Sold out
Jefferies Financial Group Inc.0$00.00%−138,093−100.0%Sold out
Zurich Insurance Group Ltd0$00.00%−121,096−100.0%Sold out
Ofi Invest Asset Management0$00.00%−116,366−100.0%Sold out
Capricorn Fund Managers Ltd0$00.00%−61,117−100.0%Sold out
SummitTX Capital, L.P.0$00.00%−53,121−100.0%Sold out
Running Oak Capital LLC0$00.00%−25,161−100.0%Sold out
Aventail Capital Group, LP0$00.00%−17,628−100.0%Sold out
Y-Intercept (Hong Kong) Ltd0$00.00%−17,102−100.0%Sold out
Blue Sparrow, LLC0$00.00%−15,000−100.0%Sold out
Entropy Technologies, LP0$00.00%−14,756−100.0%Sold out
Occudo Quantitative Strategies LP0$00.00%−12,502−100.0%Sold out
Gsa Capital Partners LLP0$00.00%−11,845−100.0%Sold out
Machina Capital S.A.S.0$00.00%−11,737−100.0%Sold out
Trexquant Investment LP0$00.00%−8,509−100.0%Sold out
Dynamic Technology Lab Private Ltd0$00.00%−8,327−100.0%Sold out
Point72 Asset Management, L.P.0$00.00%−8,254−100.0%Sold out
Diametric Capital, LP0$00.00%−8,004−100.0%Sold out
Farringdon Capital, Ltd.0$00.00%−7,898−100.0%Sold out
Blue Jean Financial LLC0$00.00%−5,251−100.0%Sold out
CenterBook Partners LP0$00.00%−5,046−100.0%Sold out
Aigen Investment Management, LP0$00.00%−4,825−100.0%Sold out
BW Gestao de Investimentos Ltda.0$00.00%−4,822−100.0%Sold out
Paradigm Asset Management Co LLC0$00.00%−3,600−100.0%Sold out
Dark Forest Capital Management LP0$00.00%−3,238−100.0%Sold out
Capstone Investment Advisors, LLC0$00.00%−3,228−100.0%Sold out
Schrum Private Wealth Management LLC0$00.00%−2,950−100.0%Sold out
R Squared Ltd0$00.00%−2,775−100.0%Sold out
Pitcairn Wealth Advisors LLC0$00.00%−2,602−100.0%Sold out
Factorial Partners, LLC0$00.00%−2,570−100.0%Sold out
Vivaldi Capital Management, LLC0$00.00%−2,025−100.0%Sold out