Norfolk SouthernNSC
13F holders, Q4 2025 (December 31)1,852holders +51
94new positions
95sold out
11famous investors
$288.57avg. 13F price*
At the end of Q4 2025, 1,852 institutions reported holding Norfolk Southern Corp. (NSC) in their 13F filings, up 51 from Q3 2025. 94 opened new positions and 95 sold out. The largest holders were Vanguard Group Inc. ($6.0B), BlackRock, Inc. ($4.3B) and State Street Corp. ($2.8B). 11 famous investors held it, including Dan Loeb (3.9% of Third Point's portfolio), Israel Englander (0.9% of Millennium Management's portfolio) and Paul Tudor Jones (0.7% of Tudor Investment Corporation's portfolio).
- Company
- Norfolk Southern Corp.
- Sector
- Industrials
- CUSIP
- 655844108
- Latest filing quarter
- Q2 2026
History
Number of 13F holders
Total Exit/New Position Q3 2025 → Q4 2025
| Institutions | Total Value | |
|---|---|---|
| New Positions | 94 | $404.7M |
| Exits | 95 | $450.6M |
All 13F filers, Q3 2025 → Q4 2025: 15,104,162 shares bought and 15,902,840 shares sold, net −798,678 shares. Counts holders who added, trimmed, opened or closed a position; split-adjusted.
Ownership 1,852 holders
| Vanguard Group Inc. | 0.09% | Add +1.3% | 20,825,837 | $6.0B |
| BlackRock, Inc. | 0.07% | Reduce -0.3% | 14,905,794 | $4.3B |
| State Street Corp. | 0.09% | Add +4.1% | 9,710,549 | $2.8B |
| Dodge & Cox | 1.50% | Reduce -11.5% | 9,623,885 | $2.8B |
| Geode Capital Management, LLC | 0.09% | Add +0.8% | 4,878,029 | $1.4B |
| Millennium Management | 0.89% | Add +56.9% | 4,150,431 | $1.2B |
| Norges Bank | 0.12% | — | 3,756,930 | $1.1B |
| Bank of America Corp. | 0.07% | Reduce -1.8% | 3,228,718 | $932.2M |
| Pentwater Capital Management LP | 6.31% | Add +9.8% | 3,019,000 | $871.6M |
| T. Rowe Price Associates Inc. | 0.09% | Reduce -27.6% | 2,778,515 | $802.2M |
| Northern Trust Corp. | 0.10% | Reduce -1.9% | 2,692,363 | $777.3M |
| Morgan Stanley | 0.05% | Add +6.0% | 2,629,990 | $759.3M |
| JPMorgan Chase & Co. | 0.05% | Reduce -47.4% | 2,558,536 | $738.7M |
| Citadel Advisors | 0.51% | Add +28.6% | 2,538,641 | $733.0M |
| D. E. Shaw & Co. | 0.53% | Add +403.2% | 2,278,400 | $657.8M |
| Dimensional Fund Advisors LP | 0.13% | Add +1.6% | 2,213,431 | $639.1M |
| HBK Investments L P | 7.25% | Add +67.7% | 2,130,000 | $615.0M |
| American Century Companies Inc. | 0.30% | Reduce -5.8% | 2,028,929 | $585.8M |
| London Co. of Virginia | 3.02% | Add +0.3% | 1,810,853 | $522.8M |
| FMR LLC | 0.03% | Reduce -44.0% | 1,799,834 | $519.6M |
| Amundi | 0.16% | Add +75.4% | 1,792,811 | $517.6M |
| Capital World Investors | 0.07% | Add +6.7% | 1,747,507 | $504.5M |
| Legal & General Group Plc | 0.11% | Reduce -0.5% | 1,734,884 | $500.9M |
| Balyasny Asset Management L.P. | 0.94% | Add +52.2% | 1,670,260 | $482.2M |
| Goldman Sachs Group Inc. | 0.07% | Reduce -19.7% | 1,642,428 | $474.2M |
| Invesco Ltd. | 0.04% | Reduce -9.7% | 1,556,496 | $449.4M |
| Arrowstreet Capital, Limited Partnership | 0.25% | Add +17.0% | 1,465,985 | $423.3M |
| Charles Schwab Investment Management Inc. | 0.07% | Add +1.0% | 1,450,159 | $418.7M |
| Bank of New York Mellon Corp | 0.07% | Reduce -20.5% | 1,310,516 | $378.4M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | 0.51% | Add +4.3% | 1,181,176 | $340.8M |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 0.07% | Reduce -11.0% | 1,162,396 | $335.6M |
| Fisher Asset Management | 0.11% | Add +0.7% | 1,140,990 | $329.4M |
| DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main | 0.28% | Add +1.9% | 1,082,355 | $312.5M |
| Wells Fargo & Company | 0.06% | Reduce -2.9% | 1,075,994 | $310.7M |
| UBS Group AG | 0.06% | Reduce -49.2% | 1,052,360 | $303.8M |
| Primecap Management Co. | 0.22% | Reduce -11.5% | 1,002,183 | $289.4M |
| Third Point | 3.88% | Reduce -40.9% | 975,000 | $281.5M |
| Squarepoint Ops LLC | 0.49% | Add +183.1% | 837,154 | $241.7M |
| Adage Capital Partners Gp, L.L.C. | 0.35% | Add +52.6% | 798,093 | $230.4M |
| Hotchkis & Wiley Capital Management LLC | 0.67% | Add +0.8% | 770,668 | $222.5M |
| Cohen & Steers, Inc. | 0.38% | Add +0.4% | 723,068 | $208.8M |
| Royal Bank of Canada | 0.04% | Reduce -44.7% | 709,652 | $204.9M |
| Deutsche Bank AG | 0.07% | Reduce -7.8% | 692,099 | $199.8M |
| FIL Ltd | 0.14% | Reduce -28.5% | 666,915 | $192.6M |
| Canada Pension Plan Investment Board | 0.12% | Add +101.0% | 643,253 | $185.7M |
| Toronto Dominion Bank | 0.32% | Add +310.3% | 630,624 | $182.1M |
| Swiss National Bank | 0.11% | Reduce -5.5% | 614,440 | $177.4M |
| Neuberger Berman Group LLC | 0.13% | Add +5.9% | 602,648 | $174.0M |
| Cincinnati Financial Corp. | 3.31% | No change | 587,687 | $169.7M |
| Verition Fund Management LLC | 0.96% | Add +43.9% | 586,143 | $169.2M |
| National Pension Service | 0.12% | Reduce -3.4% | 561,647 | $162.2M |
| Alliancebernstein L.P. | 0.05% | Add +13.1% | 554,231 | $160.0M |
| Eurizon Capital SGR S.p.A. | 0.49% | — | 548,450 | $158.5M |
| Sumitomo Mitsui Trust Group, Inc. | 0.09% | Reduce -4.4% | 524,668 | $151.5M |
| Sculptor Capital LP | 3.03% | No change | 508,000 | $146.7M |
| Nuveen, LLC | 0.04% | Reduce -7.2% | 499,235 | $144.1M |
| KRYGER CAPITAL Ltd | 10.95% | Add +49.3% | 491,015 | $141.8M |
| Alpine Associates Management Inc. | 9.11% | Reduce -6.9% | 468,155 | $135.2M |
| Mitsubishi UFJ Asset Management Co., Ltd. | 0.09% | Reduce -3.8% | 467,820 | $134.6M |
| Citigroup Inc. | 0.09% | Add +75.7% | 457,652 | $132.1M |
| Aberdeen Group plc | 0.20% | Add +1.8% | 455,742 | $131.6M |
| DAVENPORT & Co LLC | 0.71% | Add +1.4% | 451,941 | $130.6M |
| Barclays PLC | 0.05% | Add +14.1% | 444,677 | $128.4M |
| Sona Asset Management (us) LLC | 8.12% | Add +134.7% | 444,247 | $128.3M |
| Rhumbline Advisers | 0.10% | Reduce -3.2% | 423,855 | $122.4M |
| California Public Employees Retirement System | 0.07% | Add +6.9% | 414,136 | $119.6M |
| Tudor Investment Corporation | 0.66% | Add +49.4% | 399,788 | $115.4M |
| Westchester Capital Management, LLC | 5.27% | Add +196.3% | 387,596 | $111.9M |
| HSBC Holdings PLC | 0.06% | Add +3.0% | 374,967 | $108.3M |
| Raymond James Financial Inc. | 0.03% | Reduce -1.7% | 368,271 | $106.3M |
| PNC Financial Services Group, Inc. | 0.06% | Reduce -2.2% | 361,908 | $104.5M |
| Envestnet Asset Management Inc. | 0.03% | Reduce -6.5% | 361,023 | $104.2M |
| Commonwealth of Pennsylvania Public School Empls Retrmt SYS | 0.53% | Reduce -0.5% | 360,485 | $104.1M |
| Laurion Capital Management LP | 7.18% | Add +16.6% | 351,648 | $101.5M |
| Magnetar Financial LLC | 1.05% | Reduce -4.0% | 343,984 | $99.3M |
| AQR Arbitrage LLC | 2.67% | Add +74.5% | 342,479 | $98.9M |
| Bank of Nova Scotia | 0.15% | Add +98.6% | 339,507 | $98.0M |
| Hudson Bay Capital Management LP | 0.61% | Add +121.4% | 335,320 | $96.8M |
| California State Teachers Retirement System | 0.09% | Reduce -4.3% | 321,242 | $92.7M |
| LMR Partners LLP | 1.13% | Add +61.4% | 308,080 | $88.9M |
| Ameriprise Financial Inc. | 0.02% | Reduce -25.1% | 304,010 | $87.8M |
| Capitolis Liquid Global Markets LLC | 0.50% | New | 288,900 | $83.4M |
| HighTower Advisors, LLC | 0.09% | Add +0.5% | 282,091 | $81.4M |
| LPL Financial LLC | 0.02% | Add +0.2% | 275,614 | $79.6M |
| Markel Group | 0.63% | Add +6.6% | 273,500 | $79.0M |
| Franklin Resources Inc. | 0.02% | Reduce -23.9% | 273,254 | $78.9M |
| Principal Financial Group Inc. | 0.04% | Add +8.1% | 270,326 | $78.0M |
| BNP Paribas Financial Markets | 0.05% | Add +16.2% | 266,051 | $76.8M |
| Clearstead Advisors, LLC | 0.97% | Reduce -5.1% | 264,937 | $76.5M |
| Cincinnati Insurance Co. | 1.17% | No change | 264,400 | $76.3M |
| Jane Street Group, LLC | 0.09% | Add +8.9% | 261,369 | $75.5M |
| Natixis | 0.28% | Add +85.5% | 247,855 | $71.6M |
| New York State Common Retirement Fund | 0.09% | Reduce -1.7% | 240,920 | $69.6M |
| Assenagon Asset Management S.A. | 0.10% | Reduce -75.4% | 234,179 | $67.6M |
| Marshall Wace, LLP | 0.06% | Add +43.9% | 229,833 | $66.4M |
| Magellan Asset Management Ltd | 0.80% | Reduce -9.3% | 229,244 | $66.2M |
| Truist Financial Corp. | 0.09% | Add +3.0% | 225,411 | $65.1M |
| TIG Advisors, LLC | 3.06% | Add +6.3% | 219,723 | $63.4M |
| Bank of Montreal | 0.03% | Reduce -31.1% | 216,107 | $62.4M |
| Calamos Advisors LLC | 0.36% | Reduce -0.7% | 212,722 | $61.4M |
"% of holder's portfolio" is NSC's weight in each manager's 13F, not the share of Norfolk Southern Corp. the manager owns.