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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
Gotham Asset Management, LLC78,090$24.6M0.06%+30,757+65.0%Added
Fjarde Ap-Fonden /Fourth Swedish National Pension Fund78,032$24.5M0.12%+9,280+13.5%Added
State of Tennessee, Treasury Department75,923$23.9M0.07%−522−0.7%Reduced
Athos Capital Ltd75,520$23.8M8.55%+53,000+235.3%Added
Universal- Beteiligungs- und Servicegesellschaft mbH74,545$23.4M0.04%−2,640−3.4%Reduced
State of New Jersey Common Pension Fund D71,910$22.6M0.08%−4,091−5.4%Reduced
DekaBank Deutsche Girozentrale79,305$22.4M0.04%00.0%Unchanged
PBU - The Pension Fund of Early Childhood & Youth Educators70,155$22.1M0.50%+45+0.1%Added
Cobalt Capital Management, Inc.70,000$22.0M15.68%−45,000−39.1%Reduced
Caisse de Depot Et Placement du Quebec68,047$21.4M0.03%+20,887+44.3%Added
Mercer Global Advisors Inc67,341$21.2M0.03%+13,827+25.8%Added
Bartlett & Co. Wealth Management LLC67,123$21.1M0.26%+90.0%Added
Lansforsakringar Fondforvaltning AB (publ)66,337$20.9M0.09%−4,654−6.6%Reduced
Resona Asset Management Co.,Ltd.66,238$20.9M0.10%−5,008−7.0%Reduced
Czech National Bank63,928$20.1M0.11%+2,767+4.5%Added
New York Life Investment Management LLC63,853$20.1M0.14%−346−0.5%Reduced
Lowe Brockenbrough & Co Inc62,928$19.8M0.88%−320−0.5%Reduced
Arizona State Retirement System62,296$19.6M0.10%+862+1.4%Added
Advisor Group Holdings, Inc.61,412$19.3M0.02%+12,332+25.1%Added
Quarry LP61,335$19.3M3.05%+5,908+10.7%Added
Rockefeller Capital Management L.P.60,923$19.2M0.03%+2,810+4.8%Added
Whittier Trust Co of Nevada Inc58,345$18.8M0.35%−25,819−30.7%Reduced
CIBC Asset Management Inc59,519$18.7M0.04%+1,324+2.3%Added
State of Michigan Retirement System57,490$18.1M0.08%−1,200−2.0%Reduced
Zurcher Kantonalbank (Zurich Cantonalbank)56,851$17.9M0.03%−16,701−22.7%Reduced
IFM Investors Pty Ltd55,590$17.5M0.12%+4,636+9.1%Added
Skylands Capital, LLC55,080$17.3M2.13%−210−0.4%Reduced
Gabelli Funds LLC54,862$17.3M0.11%00.0%Unchanged
STRS Ohio54,800$17.2M0.06%−6,893−11.2%Reduced
PensionDanmark Pensionsforsikringsaktieselskab54,620$17.2M0.14%+12,350+29.2%Added
NorthCrest Asset Manangement, LLC53,035$17.2M0.44%+1,651+3.2%Added
DnB Asset Management AS54,103$17.0M0.05%+1,838+3.5%Added
Brevan Howard Capital Management LP53,634$16.9M0.24%−4,918−8.4%Reduced
Gabelli & Co Investment Advisers, Inc.53,320$16.8M2.44%+1,200+2.3%Added
MetLife Investment Management51,388$16.2M0.07%−1,107−2.1%Reduced
Nine Masts Capital Ltd51,169$16.1M1.79%−34,145−40.0%Reduced
Wealth Enhancement Advisory Services, LLC100,997$15.9M0.03%+3,222+3.3%Added
Harvest Management LLC50,300$15.8M7.02%−22,300−30.7%Reduced
Centiva Capital, LP50,000$15.7M0.53%+19,961+66.5%Added
Blair William & Co49,970$15.7M0.04%+7,465+17.6%Added
Wiley Bros.-Aintree Capital, LLC49,896$15.7M0.06%+847+1.7%Added
Duff & Phelps Investment Management Co49,535$15.6M0.15%+49,535New
Dillon & Associates Inc49,318$15.5M1.90%+235+0.5%Added
BNP PARIBAS ASSET MANAGEMENT Holding S.A.49,381$15.5M0.02%−570−1.1%Reduced
Kanawha Capital Management LLC49,360$15.5M1.01%−651−1.3%Reduced
Prelude Capital Management, LLC49,277$15.5M1.14%−1,805−3.5%Reduced
Mirae Asset Global Investments Co., Ltd.49,034$15.4M0.03%+5,749+13.3%Added
SEB Asset Management AB48,955$15.4M0.06%+1,133+2.4%Added
Varma Mutual Pension Insurance Co48,630$15.3M0.08%+1,000+2.1%Added
Bryn Mawr Trust Co48,158$15.2M0.34%+140.0%Added
One Fin Capital Management LP47,500$14.9M5.23%−32,500−40.6%Reduced
Retirement Systems of Alabama47,182$14.8M0.04%−508−1.1%Reduced
USS Investment Management Ltd46,991$14.8M0.06%−545−1.1%Reduced
Jones Financial Companies LLLP46,536$14.6M0.01%+5,566+13.6%Added
Atlantic Union Bankshares Corp45,698$14.4M0.24%−479−1.0%Reduced
Picton Mahoney Asset Management45,000$14.2M0.13%−30,000−40.0%Reduced
EFG International AG44,495$14.0M0.26%+1,193+2.8%Added
SCS Capital Management LLC43,986$13.8M0.13%−3,353−7.1%Reduced
O'Shaughnessy Asset Management, LLC43,964$13.8M0.06%−7,799−15.1%Reduced
Jupiter Topco LLC42,652$13.4M0.01%+42,652New
Commerce Bank41,955$13.2M0.06%−340−0.8%Reduced
Trajan Wealth LLC41,858$13.2M0.50%+4,573+12.3%Added
Ingalls & Snyder LLC41,839$13.2M0.36%−609−1.4%Reduced
ProShare Advisors LLC41,670$13.1M0.02%+1,759+4.4%Added
M. Kraus & Co41,669$13.1M3.48%−203−0.5%Reduced
Daiwa Securities Group Inc.41,319$13.0M0.03%+2,316+5.9%Added
Cambridge Investment Research Advisors, Inc.41,144$12.9M0.03%−1,117−2.6%Reduced
Shelton Capital Management40,568$12.8M0.24%+34,347+552.1%Added
Cresset Asset Management, LLC40,378$12.7M0.05%+1,389+3.6%Added
Kempen Capital Management N.V.40,308$12.7M0.10%+3,196+8.6%Added
Xponance, Inc.40,162$12.6M0.08%+432+1.1%Added
TPG GP A, LLC40,000$12.6M0.25%00.0%Unchanged
Baker Avenue Asset Management, LP39,299$12.4M0.24%+3,954+11.2%Added
Amalgamated Bank39,249$12.3M0.09%−2,640−6.3%Reduced
Connor, Clark & Lunn Investment Management Ltd.38,876$12.2M0.02%−211−0.5%Reduced
Ilmarinen Mutual Pension Insurance Co38,398$12.1M0.08%−3,750−8.9%Reduced
Sanctuary Advisors, LLC37,161$11.7M0.05%−1,032−2.7%Reduced
Rakuten Investment Management, Inc.36,730$11.6M0.03%+3,411+10.2%Added
Glenview Trust Co36,527$11.5M0.16%−182−0.5%Reduced
Public Sector Pension Investment Board36,454$11.5M0.03%−35,477−49.3%Reduced
Glenmede Trust Co NA36,277$11.4M0.05%−786−2.1%Reduced
NEOS Investment Management LLC36,141$11.4M0.04%+4,649+14.8%Added
Ghisallo Capital Management LLC36,000$11.3M0.22%−16,000−30.8%Reduced
KBC Group NV35,924$11.3M0.02%+5,489+18.0%Added
Neville Rodie & Shaw Inc35,874$11.3M0.73%−790−2.2%Reduced
GWM Advisors LLC35,598$11.2M0.03%+5,233+17.2%Added
Cohen Klingenstein LLC35,500$11.2M0.32%00.0%Unchanged
Boothbay Fund Management, LLC35,078$11.0M0.21%+13,522+62.7%Added
BTC Capital Management, Inc.35,073$11.0M0.67%+730+2.1%Added
Sumitomo Mitsui DS Asset Management Company, Ltd34,281$10.8M0.07%+2,192+6.8%Added
Utah Retirement Systems34,153$10.7M0.10%−2,557−7.0%Reduced
Voya Investment Management LLC34,129$10.7M0.01%−1,437−4.0%Reduced
Police & Firemen's Retirement System of New Jersey34,098$10.7M0.08%−683−2.0%Reduced
Baker Chad R33,906$10.7M1.72%00.0%Unchanged
British Columbia Investment Management Corp33,680$10.6M0.07%+2,755+8.9%Added
Saybrook Capital33,198$10.4M2.61%−493−1.5%Reduced
Vestcor Inc33,113$10.4M0.26%00.0%Unchanged
Tufton Capital Management32,919$10.4M1.74%−425−1.3%Reduced
Swiss Life Asset Management Ltd32,641$10.3M0.04%−16,704−33.9%Reduced
Huntington National Bank32,421$10.2M0.05%+444+1.4%Added