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NSC in the 13F filings

Norfolk Southern Corp · CUSIP 655844108

Sector · Industrials
Quarter
Q3 2026 · early filersQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023
Quarter end
30 Jun 2025
the date the book describes
Filed
18 Aug 2025
latest of these filings; the earliest 1 Aug 2025
Managers listing it
22
at least, of 95 tracked, among listed positions
Comparable managers
95
filed both Q1 2025 and Q2 2025; 15 listed it in both
Shares listed
34,482,344
combined, among listed positions
Reported value
$8.8bn
combined, at the quarter end

Among the 95 comparable managers: 14 buyers (opened or added shares) and 8 sellers (trimmed or exited), at least, among listed positions. Their net change in shares is not known from listed positions, because at least one of them lists it in only one of the two quarters.

Managers listing NSC in Q2 2025

Share of 13F value is the position’s reported value over everything the manager reported that quarter. The share change is against Q1 2025, and only where both filings list the position. A rise in value with no rise in shares is the price, not buying.

22 of 22 holders

ActionFiling
T. Rowe Price Associates Inc10,941,663$2.8bn0.32%Trimmed-377,34714 Aug 2025 (the filing on sec.gov)
Dodge & Cox10,859,121$2.8bn1.56%Added+192,56713 Aug 2025 (the filing on sec.gov)
Fidelity (FMR LLC)3,950,147$1.0bn0.06%Trimmed-135,65414 Aug 2025 (the filing on sec.gov)
Invesco Ltd1,793,623$459m0.08%Trimmed-138,29613 Aug 2025 (the filing on sec.gov)
Capital World Investors1,633,924$418m0.06%Added+2,75913 Aug 2025 (the filing on sec.gov)
Arrowstreet Capital LP1,024,079$262m0.19%Added+242,08113 Aug 2025 (the filing on sec.gov)
Holocene Advisors LP983,366$252m0.61%Added+832,21014 Aug 2025 (the filing on sec.gov)
MFS Investment Management630,862$161m0.05%Added+30,0658 Aug 2025 (the filing on sec.gov)
D. E. Shaw & Co.537,686$138m0.10%Newnew14 Aug 2025 (the filing on sec.gov)
Millennium Management LLC436,226$112m0.05%Addedn.a.14 Aug 2025 (the filing on sec.gov)
AllianceBernstein LP289,302$74munder 0.1%Trimmed-55,42414 Aug 2025 (the filing on sec.gov)
Point72 Asset Management LP276,853$71m0.14%Newnew14 Aug 2025 (the filing on sec.gov)
Markel Group Inc236,500$61m0.51%Added+7,0001 Aug 2025 (the filing on sec.gov)
Schonfeld Strategic Advisors LLC235,917$60m0.41%Added+190,66514 Aug 2025 (the filing on sec.gov)
Marshall Wace LLP223,474$57m0.06%Trimmed-188,45313 Aug 2025 (the filing on sec.gov)
Walleye Capital LLC92,825$24m0.09%Addedn.a.13 Aug 2025 (the filing on sec.gov)
Davidson Kempner Capital Management LP85,000$22m0.31%Newnew14 Aug 2025 (the filing on sec.gov)
Acadian Asset Management LLC82,200$21munder 0.1%Newnew7 Aug 2025 (the filing on sec.gov)
Eisler Capital Management Ltd70,790$18m0.11%Trimmed-39,50712 Aug 2025 (the filing on sec.gov)
Verition Fund Management LLC47,339$12m0.05%Addedn.a.14 Aug 2025 (the filing on sec.gov)
Hudson Bay Capital Management LP36,390$9.3munder 0.1%Trimmed-19,11018 Aug 2025 (the filing on sec.gov)
Moore Capital Management LP15,057$3.9munder 0.1%Trimmed-20,42414 Aug 2025 (the filing on sec.gov)

Largest increases and reductions, by shares

Q1 2025 to Q2 2025, among managers that listed it in both quarters or opened it.

Increases

Reductions

New positions and exits

At least these many: a manager is shown exiting only where its own filing shows the position gone.

New (4)

Exited (0)

No exit shown by a manager’s own filing.

Ownership over time

Every quarter on file. A quarter-end value moves with the price as well as with the shares held; buyers and sellers count comparable managers, by shares.
18 in Q3 2024 to 29 in Q2 2026

Tracked managers listing it, at least.

0102030402014201620182020202220242026
the quarter shown share split complete books; unmarked quarters rest on listed positionsClick a quarter to open it.
NSC by quarter
QuarterHoldersReported valueBuyersSellers
Q2 201318$1.6bnn.a.n.a.
Q3 201312$1.6bnn.a.n.a.
Q4 201315$2.2bnn.a.n.a.
Q1 201416$2.1bnn.a.n.a.
Q2 201419$2.0bnn.a.n.a.
Q3 201419$2.5bnn.a.n.a.
Q4 201413$2.0bnn.a.n.a.
Q1 201512$3.3bnn.a.n.a.
Q2 201518$3.5bnn.a.n.a.
Q3 201520$3.1bnn.a.n.a.
Q4 201516$3.7bnn.a.n.a.
Q1 201616$2.8bnn.a.n.a.
Q2 201617$2.6bnn.a.n.a.
Q3 201618$3.0bnn.a.n.a.
Q4 201622$2.6bnn.a.n.a.
Q1 201723$3.1bnn.a.n.a.
Q2 201724$3.2bnn.a.n.a.
Q3 201721$3.7bnn.a.n.a.
Q4 201716$4.2bnn.a.n.a.
Q1 201823$4.1bnn.a.n.a.
Q2 201829$5.1bnn.a.n.a.
Q3 201827$5.1bnn.a.n.a.
Q4 201821$3.4bnn.a.n.a.
Q1 201927$4.5bnn.a.n.a.
Q2 201933$5.2bnn.a.n.a.
Q3 201924$4.0bnn.a.n.a.
Q4 201924$4.4bnn.a.n.a.
Q1 202025$3.0bnn.a.n.a.
Q2 202021$3.4bnn.a.n.a.
Q3 202020$4.3bnn.a.n.a.
Q4 202020$5.5bnn.a.n.a.
Q1 202119$6.0bnn.a.n.a.
Q2 202126$5.6bnn.a.n.a.
Q3 202122$4.6bnn.a.n.a.
Q4 202119$5.7bnn.a.n.a.
Q1 202223$5.1bnn.a.n.a.
Q2 202222$3.7bnn.a.n.a.
Q3 202220$2.4bnn.a.n.a.
Q4 202222$3.4bnn.a.n.a.
Q1 202325$3.8bnn.a.n.a.
Q2 202323$5.2bnn.a.n.a.
Q3 202320$4.1bnn.a.n.a.
Q4 202319$4.9bn1111
Q1 202422$5.9bn155
Q2 202417$5.2bn136
Q3 202418$7.2bn128
Q4 202424$7.2bn158
Q1 202517$7.8bn810
Q2 202522$8.8bn148
Q3 202530$10.3bn2311
Q4 202529$10.2bn309
Q1 202628$9.3bn2415
Q2 202629$8.7bn2115

Compare with…

Holders over time, buyers and sellers, and the managers holding both, side by side for up to four stocks.

NSC and KLAC →NSC and GE →NSC and LRCX →Choose a stock to compare with NSC →

How much of the picture this is

A 13F is a manager’s long US-listed equity book at a quarter end, filed up to 45 days later. It shows no shorts, cash, bonds or performance, and it is never today’s portfolio. Large books are listed to their largest positions, so a manager missing from this table may still hold a small position below that line. These are 95 tracked managers, not the institutional market.

Which funds own NSC, latest filings →Back to the 13F Explorer →