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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
Perpetual Ltd1,695$533.2K0.01%+26+1.6%Added
Kera Capital Partners, Inc.1,694$532.9K0.05%+87+5.4%Added
Johnson Financial Group, Inc.1,693$532.6K0.02%−50−2.9%Reduced
Red Door Wealth Management, LLC1,692$532.3K0.05%+4+0.2%Added
Graves-Light Private Wealth Management, Inc.1,685$530.1K0.05%+12+0.7%Added
Plancorp, LLC1,613$528.4K0.01%−38−2.3%Reduced
LexAurum Advisors, LLC1,661$522.4K0.06%+19+1.2%Added
CMG Global Holdings, LLC1,660$522.2K0.22%00.0%Unchanged
Rexford Capital Inc1,655$520.6K0.32%00.0%Unchanged
CWA Asset Management Group, LLC1,652$519.7K0.02%+219+15.3%Added
Greatmark Investment Partners, Inc.1,652$519.7K0.06%00.0%Unchanged
Nalls Sherbakoff Group, LLC1,642$516.4K0.37%+1+0.1%Added
Sollinda Capital Management LLC1,641$516.2K0.11%00.0%Unchanged
Integrity Alliance, LLC.1,621$510.2K0.02%+1,621New
apricus wealth, LLC1,617$508.7K0.24%00.0%Unchanged
Laurel Wealth Advisors LLC1,614$507.7K0.05%−61−3.6%Reduced
First Foundation Advisors1,608$505.9K0.02%+97+6.4%Added
Fca Corp1,600$503.3K0.12%00.0%Unchanged
Cerro Pacific Wealth Advisors LLC1,596$502.1K0.11%−94−5.6%Reduced
David J Yvars Group1,590$500.2K0.25%00.0%Unchanged
Allen Investment Management LLC1,589$499.9K0.01%00.0%Unchanged
Hartford Financial Management Inc.1,587$499.3K0.11%00.0%Unchanged
Princeton Global Asset Management LLC1,579$496.8K0.07%−3−0.2%Reduced
First City Capital Management, Inc.1,575$495.5K0.24%00.0%Unchanged
Interchange Capital Partners, LLC1,574$495.2K0.09%+110+7.5%Added
Foster Victor Wealth Advisors, LLC1,515$495.1K0.03%+15+1.0%Added
Evercore Wealth Management, LLC1,570$493.9K0.01%−97−5.8%Reduced
KCM Investment Advisors LLC1,569$493.6K0.01%−18−1.1%Reduced
EJMK Ventures LLC1,569$493.6K0.22%−11−0.7%Reduced
Prosperity Consulting Group, LLC1,555$489.3K0.02%+21+1.4%Added
Gerald Baker Financial Group LLC1,552$488.2K0.14%00.0%Unchanged
Bank of Hawaii1,550$487.6K0.02%+300+24.0%Added
First Financial Bankshares Inc1,543$485.4K0.01%00.0%Unchanged
MCF Advisors LLC1,539$484.2K0.02%+110+7.7%Added
B&L Asset Management LLC1,539$484.2K0.17%−33−2.1%Reduced
Birch Hill Investment Advisors LLC1,537$483.5K0.02%00.0%Unchanged
Oliver Luxxe Assets LLC1,536$483.2K0.07%00.0%Unchanged
Howard Capital Management Group, LLC1,536$483.2K0.03%00.0%Unchanged
Cheviot Value Management, LLC1,535$482.9K0.05%00.0%Unchanged
Advisory Alpha, LLC1,532$482.4K0.01%+667+77.1%Added
Simmons Bank1,533$482.3K0.03%−492−24.3%Reduced
D'Orazio & Associates, Inc.1,528$480.6K0.06%−90−5.6%Reduced
BCK Partners, Inc.1,525$479.8K0.23%00.0%Unchanged
Premier Path Wealth Partners, LLC1,511$475.3K0.05%+95+6.7%Added
Oslo Pensjonsforsikring AS1,507$474.1K0.05%+567+60.3%Added
Rockland Trust Co1,506$473.8K0.02%−138−8.4%Reduced
Fire Capital Management LLC1,500$471.9K0.19%00.0%Unchanged
Medallion Wealth Advisors, LLC1,500$471.9K0.16%00.0%Unchanged
Flagship Wealth Advisors, LLC1,500$471.9K0.11%+450+42.9%Added
V-Square Quantitative Management LLC1,494$470.0K0.04%+47+3.2%Added
AlphaCore Capital LLC1,492$469.4K0.01%−212−12.4%Reduced
Bank of New Hampshire1,490$468.7K0.10%00.0%Unchanged
Bell Bank1,484$466.9K0.02%+19+1.3%Added
TD Private Client Wealth LLC1,481$465.9K0.01%+6+0.4%Added
Groupe la Francaise1,479$465.3K0.01%+103+7.5%Added
Regatta Capital Group, LLC1,476$464.3K0.06%00.0%Unchanged
American State Bank (Iowa)1,475$464.0K0.19%00.0%Unchanged
ARS Investment Partners, LLC1,474$463.7K0.02%00.0%Unchanged
Dana Investment Advisors, Inc.1,467$461.5K0.01%−264−15.3%Reduced
Diversified Management Inc1,466$461.2K0.10%−5−0.3%Reduced
Gables Capital Management Inc.1,466$461.2K0.17%00.0%Unchanged
Shufro Rose & Co LLC1,460$459.3K0.03%−500−25.5%Reduced
Moment Partners, LLC1,458$458.7K0.08%+57+4.1%Added
Opal Wealth Advisors, LLC1,454$457.4K0.10%00.0%Unchanged
Davidson Trust Co1,452$456.8K0.18%−80−5.2%Reduced
Fiduciary Family Office, LLC1,447$455.2K0.11%−68−4.5%Reduced
Supplemental Annuity Collective Trust of NJ1,441$453.3K0.12%−78−5.1%Reduced
W Advisors, LLC1,434$451.0K0.21%+1+0.1%Added
Silverberg Bernstein Capital Management LLC1,430$449.9K0.17%00.0%Unchanged
Fulcrum Asset Management LLP1,420$449.6K0.04%00.0%Unchanged
Pioneer Wealth Management Group1,429$449.5K0.11%+4+0.3%Added
Relyea Zuckerberg Hanson LLC1,425$448.3K0.04%+3+0.2%Added
Founders Capital Management, LLC1,417$445.8K0.07%00.0%Unchanged
Hazlett, Burt & Watson, Inc.1,414$444.0K0.12%00.0%Unchanged
AdvisorNet Financial, Inc1,408$442.9K0.02%+249+21.5%Added
Foster Group, Inc.1,405$442.0K0.01%+42+3.1%Added
Birch Financial Group, LLC1,404$441.5K0.23%−8−0.6%Reduced
Retirement Planning Group1,400$440.5K0.01%+7+0.5%Added
Everett Harris & Co1,398$439.8K0.01%00.0%Unchanged
Pavion Blue Capital, LLC1,397$439.5K0.18%00.0%Unchanged
Citizens Business Bank1,395$438.9K0.07%00.0%Unchanged
Steigerwald, Gordon & Koch Inc.1,382$434.9K0.04%+61+4.6%Added
Beacon Investment Advisory Services, Inc.1,379$433.8K0.02%00.0%Unchanged
Pine Haven Investment Counsel, Inc1,376$433.0K0.29%00.0%Unchanged
Diversified Enterprises, LLC1,376$432.9K0.02%00.0%Unchanged
Two Sigma Securities, LLC1,376$432.9K0.04%−14,834−91.5%Reduced
Fundamentun, LLC1,372$431.7K0.02%−170−11.0%Reduced
Bridgefront Capital, LLC1,363$428.8K0.11%+1,363New
Schwartz Investment Counsel Inc1,359$427.5K0.01%00.0%Unchanged
Slagle Financial, LLC1,357$427.0K0.13%00.0%Unchanged
PFC Capital Group, Inc.1,358$427.0K0.16%−200−12.8%Reduced
Woodard & Co Asset Management Group Inc1,356$426.6K0.06%+2+0.1%Added
Dudley Capital Management, LLC1,352$425.3K0.17%−25−1.8%Reduced
Hardin Capital Partners, LLC1,345$425.0K0.20%00.0%Unchanged
Farmers & Merchants Trust Co of Chambersburg PA1,350$425.0K0.11%00.0%Unchanged
South Street Advisors LLC1,350$424.7K0.06%00.0%Unchanged
Fagan Associates, Inc.1,350$424.7K0.05%00.0%Unchanged
Cary Street Partner Investment Advisory LLC1,348$424.1K0.09%+64+5.0%Added
Ionic Capital Management LLC1,346$423.4K0.40%+1,346New
Bowen Hanes & Co Inc1,475$423.3K0.01%00.0%Unchanged