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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
Highland Capital Management, LLC17,009$5.35M0.25%−90−0.5%Reduced
Mint Tower Capital Management B.V.17,000$5.35M0.63%00.0%Unchanged
Smithfield Trust Co16,786$5.28M0.21%00.0%Unchanged
QRG Capital Management, Inc.16,637$5.23M0.04%+1,175+7.6%Added
Kestra Advisory Services, LLC16,624$5.23M0.02%−6,796−29.0%Reduced
Farther Finance Advisors, LLC16,580$5.22M0.04%−92−0.6%Reduced
Elo Mutual Pension Insurance Co16,268$5.12M0.07%−1,904−10.5%Reduced
Signaturefd, LLC16,228$5.11M0.07%+10.0%Added
W.G. Shaheen & Associates DBA Whitney & Co16,027$5.04M0.37%+301+1.9%Added
Trust Co of Virginia15,947$5.02M0.38%−352−2.2%Reduced
Wellington Management Group LLP15,935$5.01M0.00%−14,016−46.8%Reduced
Saudi Central Bank15,715$4.94M0.06%+7,433+89.7%Added
Baxter Bros Inc15,705$4.94M0.57%−1,705−9.8%Reduced
Logan Capital Management Inc15,325$4.82M0.18%+15,325New
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main15,312$4.82M0.00%−777,910−98.1%Reduced
Skandinaviska Enskilda Banken AB (publ)15,200$4.78M0.18%−15,200−50.0%Reduced
Hardy Reed LLC15,083$4.74M0.30%+46+0.3%Added
Aptus Capital Advisors, LLC15,006$4.72M0.03%−600−3.8%Reduced
Moore Capital Management, LP15,000$4.72M0.11%−10,000−40.0%Reduced
K2 Principal Fund, L.P.14,991$4.72M0.43%+900+6.4%Added
Schroder Investment Management Group14,765$4.68M0.00%−1,375−8.5%Reduced
Wescott Financial Advisory Group, LLC14,811$4.66M0.36%+40.0%Added
Vident Advisory, LLC14,800$4.66M0.03%+2,266+18.1%Added
Kintayl Capital LP14,730$4.63M2.23%−6,531−30.7%Reduced
Alpha Omega Wealth Management LLC14,692$4.62M0.70%−263−1.8%Reduced
Pittenger & Anderson Inc14,643$4.61M0.16%−42−0.3%Reduced
Sepio Capital, LP14,630$4.60M0.23%−371−2.5%Reduced
Welch Group, LLC14,552$4.58M0.16%+49+0.3%Added
Kestra Private Wealth Services, LLC14,531$4.57M0.05%−1,071−6.9%Reduced
Sequoia Financial Advisors, LLC14,500$4.56M0.02%−1,024−6.6%Reduced
Fiduciary Trust Co14,487$4.56M0.05%−144−1.0%Reduced
Old West Investment Management, LLC14,315$4.50M0.48%00.0%Unchanged
Investment Management Corp of Ontario14,306$4.50M0.06%−1,760−11.0%Reduced
Kentucky Retirement Systems14,257$4.49M0.11%−11,247−44.1%Reduced
IFP Advisors, Inc14,219$4.47M0.08%−314−2.2%Reduced
Advanced Asset Management Advisors Inc14,200$4.47M1.18%00.0%Unchanged
Farmers National Bank14,074$4.43M0.92%−2,670−15.9%Reduced
Abn Amro Investment Solutions14,000$4.40M0.04%+2,181+18.5%Added
Anchor Investment Management, LLC13,953$4.39M0.33%−75−0.5%Reduced
Simplicity Wealth,LLC13,845$4.36M0.15%+13,845New
Central Pacific Bank - Trust Division13,662$4.30M0.44%−831−5.7%Reduced
Texas Yale Capital Corp.13,643$4.29M0.09%00.0%Unchanged
Merit Financial Group, LLC13,624$4.29M0.03%+649+5.0%Added
Thrivent Financial for Lutherans13,624$4.29M0.01%+3,489+34.4%Added
Generali Asset Management SPA SGR13,463$4.24M0.08%+4,145+44.5%Added
Prudential PLC13,433$4.23M0.03%00.0%Unchanged
CIBC World Markets Inc.13,308$4.19M0.01%−331−2.4%Reduced
First Citizens Bank & Trust Co13,107$4.12M0.06%−51−0.4%Reduced
TD Waterhouse Canada Inc.12,886$4.11M0.01%+994+8.4%Added
Avidian Wealth Solutions, LLC13,060$4.11M0.11%+3,927+43.0%Added
Oak Harbor Wealth Partners, LLC13,050$4.11M1.53%−339−2.5%Reduced
Wolverine Asset Management LLC13,050$4.11M0.05%00.0%Unchanged
Intech Investment Management LLC12,858$4.04M0.04%+2,648+25.9%Added
Advisory Services Network, LLC12,846$4.04M0.05%+241+1.9%Added
Burke & Herbert Bank & Trust Co12,811$4.03M1.00%−15−0.1%Reduced
Vaughan David Investments LLC12,738$4.01M0.08%−100−0.8%Reduced
Stock Yards Bank & Trust Co12,731$4.01M0.11%+52+0.4%Added
Atria Investments LLC12,629$3.97M0.04%−568−4.3%Reduced
Axxcess Wealth Management, LLC12,623$3.97M0.06%+12,623New
Barbara Oil Co.12,500$3.93M1.32%00.0%Unchanged
Hartford Investment Management Co12,431$3.91M0.11%−358−2.8%Reduced
Haverford Trust Co12,395$3.90M0.03%−277−2.2%Reduced
Pinnacle Associates Ltd12,375$3.89M0.04%+941+8.2%Added
Central Trust Co12,345$3.88M0.07%−71−0.6%Reduced
EP Wealth Advisors, LLC12,251$3.85M0.01%+2,565+26.5%Added
Maryland State Retirement & Pension System12,140$3.82M0.07%+777+6.8%Added
Citizens National Bank Trust Department12,080$3.80M0.56%00.0%Unchanged
Old Point Trust & Financial Services N A12,057$3.79M1.15%−170−1.4%Reduced
Flputnam Investment Management Co11,958$3.76M0.04%−594−4.7%Reduced
Perigon Wealth Management, LLC11,830$3.72M0.06%−30.0%Reduced
Umb Bank N A11,725$3.69M0.05%−66−0.6%Reduced
Inkwell Capital LLC11,710$3.68M3.83%−20−0.2%Reduced
B. Metzler seel. Sohn & Co. AG11,664$3.67M0.03%+546+4.9%Added
Allworth Financial LP11,649$3.66M0.02%−2,918−20.0%Reduced
Midwest Professional Planners, LTD.11,639$3.66M0.72%+557+5.0%Added
RiverFront Investment Group, LLC11,578$3.64M0.05%+1,025+9.7%Added
Rossmore Private Capital11,502$3.62M0.29%00.0%Unchanged
Louisiana State Employees Retirement System11,500$3.62M0.05%+100+0.9%Added
Loring Wolcott & Coolidge Fiduciary Advisors LLP11,365$3.58M0.03%−3,500−23.5%Reduced
Bokf, NA11,317$3.56M0.05%−100−0.9%Reduced
Mount Yale Investment Advisors, LLC11,256$3.54M0.07%−290−2.5%Reduced
Pensionmark Financial Group, LLC12,328$3.54M0.06%−300−2.4%Reduced
Oppenheimer & Co Inc11,233$3.53M0.04%+202+1.8%Added
Roberts Glore & Co Inc11,199$3.52M0.87%00.0%Unchanged
SRS Capital Advisors, Inc.11,181$3.52M0.02%+6,185+123.8%Added
New Mexico Educational Retirement Board11,176$3.52M0.09%+800+7.7%Added
Ancora Advisors, LLC11,174$3.52M0.07%+621+5.9%Added
Brown Brothers Harriman & Co11,169$3.51M0.02%+1,645+17.3%Added
Rothschild Investment LLC11,143$3.51M0.13%+108+1.0%Added
Cullen/Frost Bankers, Inc.11,065$3.48M0.03%−219−1.9%Reduced
Beese Fulmer Investment Management, Inc.11,042$3.47M0.20%+742+7.2%Added
Old Second National Bank of Aurora11,037$3.47M0.65%−136−1.2%Reduced
Allspring Global Investments Holdings, LLC10,747$3.43M0.01%−117−1.1%Reduced
CWM Advisors, LLC10,853$3.41M0.14%+1,457+15.5%Added
Snowden Capital Advisors LLC10,847$3.41M0.08%+249+2.3%Added
Stratos Wealth Partners, LTD.10,763$3.39M0.03%+128+1.2%Added
Sagespring Wealth Partners, LLC10,762$3.39M0.05%+1,320+14.0%Added
West Paces Advisors Inc.10,751$3.38M0.57%+50.0%Added
3Chopt Investment Partners, LLC10,671$3.36M0.63%+58+0.5%Added
Quantbot Technologies LP10,632$3.34M0.13%−50,063−82.5%Reduced