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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
Inspire Advisors, LLC1,162$365.4K0.03%−790−40.5%Reduced
Consolidated Planning Corp1,162$365.7K0.05%+149+14.7%Added
Abel Hall, LLC1,163$365.9K0.06%−58−4.8%Reduced
Cozad Asset Management Inc1,165$366.5K0.02%00.0%Unchanged
Holderness Investments Co1,165$366.5K0.06%00.0%Unchanged
Beaumont Financial Advisors, LLC1,166$366.8K0.02%+4+0.3%Added
Avestar Capital, LLC1,168$367.4K0.02%+1,168New
Horizon Financial Services, LLC1,169$367.6K0.14%+672+135.2%Added
Moody Lynn & Lieberson, LLC1,180$371.2K0.02%−16−1.3%Reduced
Trustmark National Bank Trust Department1,181$371.5K0.02%00.0%Unchanged
Proficio Capital Partners LLC1,184$372.5K0.01%+1,184New
Providence First Trust Co1,184$372.5K0.10%+1,184New
Ossiam1,184$372.5K0.00%+1,184New
WealthPLAN Partners, LLC1,193$375.3K0.07%00.0%Unchanged
Aprio Wealth Management, LLC1,195$375.9K0.02%+54+4.7%Added
Schwarz Dygos Wheeler Investment Advisors LLC1,195$376.0K0.07%−39−3.2%Reduced
Guardian Investment Management1,200$377.5K0.26%−161−11.8%Reduced
Modern Wealth Management, LLC1,200$377.8K0.00%+250+26.3%Added
Westfuller Advisors, LLC1,204$378.7K0.14%−23−1.9%Reduced
Heartwood Wealth Advisors LLC1,204$378.8K0.03%+283+30.7%Added
TrustBank1,205$379.1K0.13%−25−2.0%Reduced
Obermeyer Wood Investment Counsel, LLLP1,205$379.1K0.02%00.0%Unchanged
Quantum Private Wealth, LLC1,206$379.3K0.10%00.0%Unchanged
Bragg Financial Advisors, Inc1,206$379.4K0.01%00.0%Unchanged
Stonebridge Financial Group, LLC1,208$380.2K0.25%−32−2.6%Reduced
Objectivity Squared, LLC1,209$380.4K0.21%+5+0.4%Added
PDS Planning, Inc1,212$381.3K0.02%+96+8.6%Added
Ellis Investment Partners, LLC1,212$381.3K0.06%+6+0.5%Added
Barnes Dennig Private Wealth Management LLC1,213$381.6K0.31%00.0%Unchanged
Basecamp Wealth Advisors LLC1,213$381.7K0.07%00.0%Unchanged
South State Corp.1,219$383.5K0.02%+2+0.2%Added
Jackson, Grant Investment Advisers, Inc.1,221$384.1K0.12%00.0%Unchanged
Summit Wealth Group, LLC1,223$384.7K0.08%00.0%Unchanged
Stokes Family Office, LLC1,224$385.1K0.04%−28−2.2%Reduced
MV Capital Management, Inc.1,225$385.4K0.03%+962+365.8%Added
Orleans Capital Management Corp1,229$386.6K0.20%+1,229New
Root Financial Partners, LLC1,234$388.2K0.02%+150+13.8%Added
Financial Solutions Advisory Group, Inc.1,200$388.5K0.05%00.0%Unchanged
Armstrong Advisory Group, Inc1,238$389.5K0.02%00.0%Unchanged
JGP Wealth Management, LLC1,244$391.4K0.04%−24−1.9%Reduced
YHB Investment Advisors, Inc.1,257$395.4K0.03%+38+3.1%Added
Empirical Financial Services, LLC d.b.a. Empirical Wealth Management1,257$395.4K0.01%+56+4.7%Added
Baldwin Brothers Inc1,259$396.1K0.03%−98−7.2%Reduced
Jag Capital Management, LLC1,260$396.3K0.04%00.0%Unchanged
Woodward Diversified Capital, LLC1,260$396.4K0.17%00.0%Unchanged
Change Path, LLC1,266$398.3K0.01%+14+1.1%Added
Cypress Wealth Services, LLC1,269$399.2K0.05%−80−5.9%Reduced
O'Brien Greene & Co. Inc1,270$399.5K0.11%00.0%Unchanged
Dorato Capital Management1,222$400.2K0.27%00.0%Unchanged
NorthRock Partners, LLC1,273$400.5K0.01%+29+2.3%Added
RFG Advisory, LLC1,277$401.8K0.01%+49+4.0%Added
Campion Asset Management LLC1,278$402.0K0.25%00.0%Unchanged
Sky-Mountain Capital Management, Inc.1,278$402.0K0.29%00.0%Unchanged
Hall Capital Management Co Inc1,282$403.3K0.13%−32−2.4%Reduced
L2 Asset Management, LLC1,284$403.9K0.04%+71+5.9%Added
Bill Few Associates, Inc.1,284$403.9K0.09%00.0%Unchanged
Pine Harbor Wealth Management, LLC1,285$404.3K0.11%+1+0.1%Added
Kathmere Capital Management, LLC1,291$406.1K0.02%+50+4.0%Added
Saxon Interests, Inc.1,291$406.1K0.11%+66+5.4%Added
Terry L. Blaker1,293$406.8K0.01%00.0%Unchanged
Doliver Advisors, LP1,296$407.7K0.09%−25−1.9%Reduced
Chicago Capital, LLC1,297$408.0K0.01%−200−13.4%Reduced
Ames National Corp1,300$409.0K0.22%00.0%Unchanged
One Charles Private Wealth Services, LLC1,309$411.8K0.09%−25−1.9%Reduced
Legacy Financial Advisors, Inc.1,311$412.5K0.05%−4−0.3%Reduced
Lantern Wealth Advisors, LLC1,325$416.8K0.19%00.0%Unchanged
Douglas Lane & Associates, LLC1,332$419.0K0.01%+250+23.1%Added
Transcend Wealth Collective, LLC1,343$422.6K0.03%+476+54.9%Added
Lyell Wealth Management, LP1,344$422.8K0.03%00.0%Unchanged
Bowen Hanes & Co Inc1,475$423.3K0.01%00.0%Unchanged
Ionic Capital Management LLC1,346$423.4K0.40%+1,346New
Cary Street Partner Investment Advisory LLC1,348$424.1K0.09%+64+5.0%Added
South Street Advisors LLC1,350$424.7K0.06%00.0%Unchanged
Fagan Associates, Inc.1,350$424.7K0.05%00.0%Unchanged
Farmers & Merchants Trust Co of Chambersburg PA1,350$425.0K0.11%00.0%Unchanged
Hardin Capital Partners, LLC1,345$425.0K0.20%00.0%Unchanged
Dudley Capital Management, LLC1,352$425.3K0.17%−25−1.8%Reduced
Woodard & Co Asset Management Group Inc1,356$426.6K0.06%+2+0.1%Added
PFC Capital Group, Inc.1,358$427.0K0.16%−200−12.8%Reduced
Slagle Financial, LLC1,357$427.0K0.13%00.0%Unchanged
Schwartz Investment Counsel Inc1,359$427.5K0.01%00.0%Unchanged
Bridgefront Capital, LLC1,363$428.8K0.11%+1,363New
Fundamentun, LLC1,372$431.7K0.02%−170−11.0%Reduced
Two Sigma Securities, LLC1,376$432.9K0.04%−14,834−91.5%Reduced
Diversified Enterprises, LLC1,376$432.9K0.02%00.0%Unchanged
Pine Haven Investment Counsel, Inc1,376$433.0K0.29%00.0%Unchanged
Beacon Investment Advisory Services, Inc.1,379$433.8K0.02%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.1,382$434.9K0.04%+61+4.6%Added
Citizens Business Bank1,395$438.9K0.07%00.0%Unchanged
Pavion Blue Capital, LLC1,397$439.5K0.18%00.0%Unchanged
Everett Harris & Co1,398$439.8K0.01%00.0%Unchanged
Retirement Planning Group1,400$440.5K0.01%+7+0.5%Added
Birch Financial Group, LLC1,404$441.5K0.23%−8−0.6%Reduced
Foster Group, Inc.1,405$442.0K0.01%+42+3.1%Added
AdvisorNet Financial, Inc1,408$442.9K0.02%+249+21.5%Added
Hazlett, Burt & Watson, Inc.1,414$444.0K0.12%00.0%Unchanged
Founders Capital Management, LLC1,417$445.8K0.07%00.0%Unchanged
Relyea Zuckerberg Hanson LLC1,425$448.3K0.04%+3+0.2%Added
Pioneer Wealth Management Group1,429$449.5K0.11%+4+0.3%Added
Fulcrum Asset Management LLP1,420$449.6K0.04%00.0%Unchanged