Norfolk SouthernNSC
13F holders, Q1 2025 (March 31)1,656holders −29
83new positions
105sold out
6famous investors
$236.68avg. 13F price*
At the end of Q1 2025, 1,656 institutions reported holding Norfolk Southern Corp. (NSC) in their 13F filings, down 29 from Q4 2024. 83 opened new positions and 105 sold out. The largest holders were Vanguard Group Inc. ($4.8B), BlackRock, Inc. ($3.6B) and T. Rowe Price Associates Inc. ($2.7B). 6 famous investors held it, including Tom Gayner (0.5% of Markel Group's portfolio), Ken Fisher (0.1% of Fisher Asset Management's portfolio) and Cliff Asness (0.0% of AQR Capital Management's portfolio).
- Company
- Norfolk Southern Corp.
- Sector
- Industrials
- CUSIP
- 655844108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q4 2024 → Q1 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 83 | $188.2M |
| Exits | 105 | $333.4M |
All 13F filers, Q4 2024 → Q1 2025: 10,276,618 shares bought and 10,364,707 shares sold, net −88,089 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 1,656 holders
| Vanguard Group Inc. | 0.09% | Add +1.2% | 20,321,359 | $4.8B |
| BlackRock, Inc. | 0.08% | Add +1.9% | 15,250,007 | $3.6B |
| T. Rowe Price Associates Inc. | 0.33% | Add +31.5% | 11,319,010 | $2.7B |
| Dodge & Cox | 1.44% | Reduce -0.2% | 10,666,554 | $2.5B |
| State Street Corp. | 0.09% | Add +0.3% | 9,459,882 | $2.2B |
| JPMorgan Chase & Co. | 0.14% | Reduce -0.5% | 7,478,124 | $1.8B |
| Geode Capital Management, LLC | 0.09% | Add +1.9% | 4,785,713 | $1.1B |
| Boston Partners | 1.19% | Add +3.5% | 4,159,070 | $983.2M |
| FMR LLC | 0.06% | Add +32.9% | 4,085,801 | $967.7M |
| EdgePoint Investment Group Inc. | 7.68% | Add +0.8% | 3,998,335 | $947.0M |
| American Century Companies Inc. | 0.46% | Add +6.4% | 3,128,102 | $740.9M |
| Lazard Asset Management LLC | 1.23% | Reduce -30.1% | 3,087,570 | $731.3M |
| Northern Trust Corp. | 0.10% | Add +3.9% | 2,983,620 | $706.7M |
| Bank of America Corp. | 0.06% | Add +0.2% | 2,849,039 | $674.8M |
| Morgan Stanley | 0.04% | Reduce -1.7% | 2,435,421 | $576.8M |
| Norges Bank | 0.08% | Add +1.5% | 2,368,439 | $561.0M |
| Dimensional Fund Advisors LP | 0.12% | Add +6.7% | 2,044,150 | $484.0M |
| Invesco Ltd. | 0.09% | Add +1.0% | 1,931,919 | $457.6M |
| Bank of New York Mellon Corp | 0.08% | Reduce -2.1% | 1,803,907 | $427.3M |
| Legal & General Group Plc | 0.11% | Reduce -2.0% | 1,748,224 | $414.1M |
| Capital World Investors | 0.06% | Add +0.3% | 1,631,165 | $386.3M |
| London Co. of Virginia | 2.15% | Reduce -2.4% | 1,594,873 | $377.7M |
| Goldman Sachs Group Inc. | 0.07% | Add +20.7% | 1,586,491 | $375.8M |
| Charles Schwab Investment Management Inc. | 0.06% | Add +1.2% | 1,430,990 | $338.9M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.08% | Add +7.0% | 1,295,460 | $306.8M |
| FIL Ltd | 0.27% | Add +8.8% | 1,189,292 | $281.7M |
| Wells Fargo & Company | 0.07% | Reduce -8.9% | 1,189,283 | $281.7M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.60% | Add +20.6% | 1,175,226 | $278.3M |
| Deutsche Bank AG | 0.10% | Reduce -32.9% | 1,041,905 | $246.8M |
| UBS Group AG | 0.05% | Reduce -29.6% | 1,022,101 | $242.1M |
| Fisher Asset Management | 0.10% | Add +0.8% | 982,483 | $232.7M |
| Ancora Advisors LLC | 5.09% | Reduce -4.4% | 963,500 | $228.2M |
| Hotchkis & Wiley Capital Management LLC | 0.65% | Reduce -0.6% | 823,723 | $195.1M |
| Mitsubishi UFJ Trust & Banking Corp | 0.50% | Reduce -14.5% | 803,140 | $190.2M |
| Adage Capital Partners Gp, L.L.C. | 0.35% | Add +341.9% | 789,950 | $187.1M |
| Arrowstreet Capital, Limited Partnership | 0.15% | Add +118.6% | 781,998 | $185.2M |
| Primecap Management Co. | 0.14% | Add +4.7% | 704,920 | $167.0M |
| Swiss National Bank | 0.11% | Reduce -0.1% | 638,100 | $151.1M |
| CBRE Investment Management Listed Real Assets LLC | 2.25% | Add +91.3% | 616,384 | $146.0M |
| Amundi | 0.05% | Reduce -49.5% | 658,416 | $145.3M |
| Massachusetts Financial Services Co. | 0.05% | Reduce -0.2% | 600,797 | $142.3M |
| Cincinnati Financial Corp. | 3.11% | No change | 587,687 | $139.2M |
| National Pension Service | 0.13% | Add +10.9% | 561,491 | $133.0M |
| Franklin Resources Inc. | 0.04% | Add +6.4% | 548,096 | $129.8M |
| Sumitomo Mitsui Trust Group, Inc. | 0.09% | Add +0.9% | 541,420 | $128.2M |
| Royal Bank of Canada | 0.03% | Reduce -31.1% | 540,092 | $127.9M |
| DAVENPORT & Co LLC | 0.75% | Reduce -0.1% | 539,676 | $127.0M |
| Ameriprise Financial Inc. | 0.03% | Add +12.9% | 517,970 | $122.7M |
| Nuveen, LLC | 0.04% | — | 516,176 | $122.3M |
| Manufacturers Life Insurance Company, The | 0.11% | Reduce -26.1% | 496,447 | $117.6M |
| Aberdeen Group plc | 0.23% | Add +30.8% | 497,848 | $116.7M |
| Phoenix Financial Ltd. | 1.69% | New | 465,283 | $110.2M |
| Raymond James Financial Inc. | 0.04% | Add +3.1% | 462,332 | $109.5M |
| Magellan Asset Management Ltd | 1.32% | Reduce -39.8% | 458,320 | $108.6M |
| Envestnet Asset Management Inc. | 0.03% | Reduce -2.2% | 456,552 | $108.1M |
| BNP Paribas Financial Markets | 0.08% | Add +35.1% | 447,973 | $106.1M |
| Rhumbline Advisers | 0.10% | Add +2.8% | 435,465 | $103.1M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.09% | Add +19.2% | 432,571 | $102.5M |
| Public Employees Retirement Association of Colorado | 0.43% | Reduce -0.2% | 423,341 | $100.3M |
| HSBC Holdings PLC | 0.07% | Add +6.5% | 414,719 | $97.9M |
| Marshall Wace, LLP | 0.13% | Add +61.2% | 411,927 | $97.6M |
| Barclays PLC | 0.04% | Add +15.6% | 390,349 | $92.5M |
| PNC Financial Services Group, Inc. | 0.05% | Reduce -1.1% | 382,772 | $90.7M |
| Neuberger Berman Group LLC | 0.07% | Reduce -66.8% | 356,642 | $84.5M |
| Alliancebernstein L.P. | 0.03% | Reduce -38.5% | 344,726 | $81.6M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.47% | Add +19.2% | 337,106 | $79.8M |
| California Public Employees Retirement System | 0.06% | Add +24.3% | 336,232 | $79.6M |
| California State Teachers Retirement System | 0.10% | Reduce -0.6% | 333,638 | $79.0M |
| Clearstead Advisors, LLC | 1.11% | Add +5.7% | 301,475 | $71.4M |
| Corvex Management LP | 2.74% | No change | 297,431 | $70.4M |
| HighTower Advisors, LLC | 0.09% | Add +1.1% | 290,095 | $68.7M |
| Assenagon Asset Management S.A. | 0.12% | Reduce -46.1% | 286,818 | $67.9M |
| Manning & Napier Advisors LLC | 0.82% | Add +369.4% | 279,022 | $66.1M |
| LPL Financial LLC | 0.03% | Add +10.2% | 273,940 | $64.9M |
| First Trust Advisors LP | 0.06% | Add +22.6% | 267,063 | $63.3M |
| Cincinnati Insurance Co. | 1.09% | No change | 264,400 | $62.6M |
| New York State Common Retirement Fund | 0.09% | Reduce -2.1% | 263,820 | $62.5M |
| Sei Investments Co. | 0.08% | Add +2.9% | 254,337 | $60.2M |
| Principal Financial Group Inc. | 0.03% | Reduce -0.5% | 251,986 | $59.7M |
| Truist Financial Corp. | 0.09% | Reduce -1.4% | 237,401 | $56.2M |
| Citigroup Inc. | 0.04% | Add +151.0% | 233,914 | $55.4M |
| Markel Group | 0.48% | No change | 229,500 | $54.4M |
| Bank of Montreal | 0.03% | Reduce -14.6% | 227,019 | $53.8M |
| Reaves W H & Co. Inc. | 1.32% | No change | 219,300 | $51.9M |
| State Board of Administration of Florida Retirement System | 0.10% | Add +0.2% | 213,875 | $50.7M |
| Allianz Asset Management GmbH | 0.07% | Reduce -3.0% | 213,441 | $50.6M |
| CANADA LIFE ASSURANCE Co | 0.09% | Add +1.0% | 207,191 | $49.2M |
| Canada Pension Plan Investment Board | 0.05% | Add +70.1% | 206,043 | $48.8M |
| Cohen & Steers, Inc. | 0.09% | No change | 204,941 | $48.5M |
| Zacks Investment Management | 0.45% | Add +5.5% | 202,447 | $47.9M |
| Aristotle Atlantic Partners, LLC | 1.57% | Add +1.3% | 195,953 | $46.4M |
| Russell Investments Group, Ltd. | 0.06% | Add +12.5% | 191,216 | $45.3M |
| US Bancorp \de | 0.06% | Reduce -6.7% | 184,497 | $43.7M |
| Cornerstone Investment Partners, LLC | 2.06% | Add +0.1% | 180,110 | $42.7M |
| Whittier Trust Co. | 0.59% | Add +1.2% | 179,007 | $42.4M |
| Cerity Partners LLC | 0.09% | Reduce -1.5% | 178,771 | $42.3M |
| Squarepoint Ops LLC | 0.10% | Reduce -32.9% | 178,537 | $42.3M |
| National Bank of Canada | 0.05% | Add +27.4% | 177,441 | $42.0M |
| New York State Teachers Retirement System | 0.09% | Reduce -3.6% | 165,079 | $39.1M |
| AQR Capital Management | 0.04% | Add +171.5% | 165,492 | $38.6M |
"% of holder's portfolio" is NSC's weight in each manager's 13F, not the share of Norfolk Southern Corp. the manager owns.