Security Snapshot

NORFOLK SOUTHERN CORP - Common Stock (NSC) Institutional Ownership

CUSIP: 655844108

13F Institutional Holders and Ownership History from Q1 2014 to Q1 2026

Latest Period

Q4 2025

Institutions Reporting

1,828

Shares (Excl. Options)

172,514,115

Price

$288.72

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Type / Class
Equity / Common Stock
Symbol
NSC on NYSE
Shares outstanding
224,399,644
Price per share
$287.00
All holders as of 31 Dec 2025
Q4 2025
Total 13F shares
172,514,115
Total reported value
$49,798,130,725
% of total 13F portfolios
0.05%
Share change
+2,892,361
Value change
+$819,886,301
Number of holders
1,828
Price from insider filings
$287.00
Reported Shares, Excluding Options vs Price
Reported Value, Excluding Options
Total Investors

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Quick Takeaways

  • NSC - NORFOLK SOUTHERN CORP - Common Stock is tracked under CUSIP 655844108.
  • 1828 institutions reported positions in Q4 2025.
  • Schedule 13D/13G significant owner rows are not currently available.

What Changed

  • Holder count moved from 1,828 to 189 between Q4 2025 and Q1 2026.
  • Reported value moved from $49,798,130,725 to $230,534,836.

Why This Matters

  • You can quickly see who holds this security, then open quarter and manager detail pages for full evidence.
  • 13F and Schedule 13D/13G sections are kept together so you can cross-check institutional and beneficial ownership context.

Official SEC Source

Backed by Form 13F

Ownership context comes from SEC Form 13F and, when available, Schedule 13D/13G filings.

See Original Filing

Investment Quick Answers

What is CUSIP 655844108?
CUSIP 655844108 identifies NSC - NORFOLK SOUTHERN CORP - Common Stock in SEC 13F datasets.

Where can I see the latest institutional holders?
Review the Q4 2025 holders report and the ownership history table below.

As of 31 Dec 2025, 1,828 institutional investors reported holding 172,514,115 shares of NORFOLK SOUTHERN CORP - Common Stock (NSC). This represents 77% of the company’s total 224,399,644 outstanding shares.

Top 25 Institutional Shareholders

The largest institutional shareholders of NORFOLK SOUTHERN CORP - Common Stock (NSC) together control 48% of the company’s outstanding shares — a level of ownership often associated with strong institutional conviction and long‑term capital commitment.

Institution Ownership % Shares Held Share Change % Portfolio % Holdings Value
VANGUARD GROUP INC 9.3% 20,825,837 +1.3% 0.09% $6,012,835,660
BlackRock, Inc. 6.6% 14,905,794 -0.31% 0.07% $4,303,600,843
STATE STREET CORP 4.3% 9,710,549 +4.1% 0.09% $2,803,629,707
Dodge & Cox 4.3% 9,623,885 -11% 1.5% $2,778,608,077
GEODE CAPITAL MANAGEMENT, LLC 2.2% 4,878,029 +0.75% 0.09% $1,401,796,779
MILLENNIUM MANAGEMENT LLC 1.8% 4,150,431 +57% 0.86% $1,198,312,438
NORGES BANK 1.7% 3,756,930 0.12% $1,084,700,830
BANK OF AMERICA CORP /DE/ 1.4% 3,228,718 -1.8% 0.07% $932,195,578
Pentwater Capital Management LP 1.3% 3,019,000 +9.8% 6.3% $871,645,680
PRICE T ROWE ASSOCIATES INC /MD/ 1.2% 2,778,515 -28% 0.09% $802,214,000
NORTHERN TRUST CORP 1.2% 2,692,363 -1.9% 0.1% $777,339,046
MORGAN STANLEY 1.2% 2,629,989 +6% 0.05% $759,330,956
JPMORGAN CHASE & CO 1.1% 2,558,536 -47% 0.05% $738,700,827
CITADEL ADVISORS LLC 1.1% 2,538,641 +29% 0.5% $732,956,430
D. E. Shaw & Co., Inc. 1% 2,278,400 +403% 0.5% $657,819,648
DIMENSIONAL FUND ADVISORS LP 0.99% 2,213,431 +1.6% 0.13% $639,081,773
HBK INVESTMENTS L P 0.95% 2,130,000 +68% 6.7% $614,973,600
AMERICAN CENTURY COMPANIES INC 0.9% 2,028,929 -5.8% 0.29% $585,793,100
LONDON CO OF VIRGINIA 0.81% 1,810,853 +0.32% 3% $522,838,063
FMR LLC 0.8% 1,799,834 -44% 0.03% $519,648,229
Amundi 0.8% 1,792,811 +75% 0.16% $517,620,392
Capital World Investors 0.78% 1,747,507 +6.7% 0.07% $504,540,328
Legal & General Group Plc 0.77% 1,734,884 -0.53% 0.11% $500,895,706
Balyasny Asset Management L.P. 0.74% 1,670,260 +52% 0.9% $482,237,467
GOLDMAN SACHS GROUP INC 0.73% 1,642,428 -20% 0.07% $474,201,864

Institutional Holders of NORFOLK SOUTHERN CORP - Common Stock (NSC) across Reporting Periods

Period Reported Shares, Excl. Options Value, Excl. Options Value Change Price (Median) Investors
2026 Q1 802,342 $230,534,836 -$22,719,175 $287.00 189
2025 Q4 172,514,115 $49,798,130,725 +$819,886,301 $288.72 1,828
2025 Q3 169,095,538 $50,777,672,446 -$1,829,259,870 $300.41 1,785
2025 Q2 176,179,079 $45,095,760,220 +$1,167,771,344 $255.97 1,675
2025 Q1 171,871,382 $40,677,722,000 -$574,021,008 $236.85 1,638
2024 Q4 174,233,722 $40,900,664,693 +$700,272,849 $234.70 1,669
2024 Q3 170,577,619 $42,374,315,749 -$114,481,463 $248.50 1,594
2024 Q2 170,982,192 $36,709,341,489 +$187,466,313 $214.69 1,550
2024 Q1 169,233,314 $43,074,055,942 -$116,752,489 $254.87 1,613
2023 Q4 169,658,307 $40,092,120,076 +$373,194,477 $236.38 1,576
2023 Q3 168,121,788 $33,113,379,023 +$70,735,888 $196.93 1,436
2023 Q2 167,366,532 $37,935,210,631 +$188,311,661 $226.76 1,518
2023 Q1 166,768,122 $35,349,154,522 -$340,472,809 $212.00 1,485
2022 Q4 169,660,099 $41,803,410,694 -$411,467,431 $246.42 1,574
2022 Q3 171,822,262 $36,052,657,640 -$544,207,065 $209.65 1,482
2022 Q2 173,994,511 $39,551,663,927 -$357,488,724 $227.29 1,523
2022 Q1 176,259,964 $50,238,549,492 -$327,425,734 $285.22 1,631
2021 Q4 177,158,225 $52,709,031,735 -$368,483,827 $297.71 1,627
2021 Q3 177,718,221 $42,540,354,760 -$995,457,972 $239.25 1,474
2021 Q2 181,368,232 $48,118,141,818 -$1,033,769,584 $265.41 1,531
2021 Q1 184,953,415 $49,635,217,785 -$510,323,943 $268.52 1,503
2020 Q4 187,084,921 $44,449,364,038 -$159,819,645 $237.61 1,447
2020 Q3 187,810,711 $40,213,331,201 -$9,320,722 $213.99 1,352
2020 Q2 187,906,208 $33,007,075,326 -$69,982,995 $175.57 1,285
2020 Q1 189,396,634 $27,658,013,585 -$229,128,257 $146.00 1,246
2019 Q4 189,849,812 $36,857,937,518 +$202,874,659 $194.13 1,346
2019 Q3 189,253,999 $34,005,093,790 -$680,339,879 $179.66 1,287
2019 Q2 192,907,608 $38,369,797,753 -$161,468,366 $199.33 1,328
2019 Q1 195,131,428 $36,470,392,426 -$421,772,914 $186.89 1,302
2018 Q4 199,020,235 $29,754,075,580 -$761,849,146 $149.54 1,250
2018 Q3 202,522,586 $36,548,408,264 -$510,617,416 $180.50 1,244
2018 Q2 205,996,454 $31,074,734,704 -$427,623,989 $150.87 1,194
2018 Q1 208,311,520 $28,282,249,246 +$270,231,955 $135.78 1,164
2017 Q4 206,233,902 $29,879,573,685 -$630,665,777 $144.90 1,147
2017 Q3 209,529,360 $27,710,018,785 +$581,499,558 $132.24 1,063
2017 Q2 206,176,083 $25,084,211,774 -$29,825,350 $121.70 1,047
2017 Q1 206,177,815 $23,088,978,484 +$2,211,376,533 $111.97 1,027
2016 Q4 203,909,511 $22,036,240,757 -$76,145,978 $108.07 1,017
2016 Q3 204,172,793 $19,803,096,971 +$209,329,152 $97.06 949
2016 Q2 202,588,933 $17,247,016,595 -$22,157,067 $85.13 945
2016 Q1 202,661,849 $16,869,237,381 -$191,195,561 $83.25 920
2015 Q4 205,650,149 $17,392,795,992 -$38,295,890 $84.59 931
2015 Q3 201,691,734 $15,408,366,319 +$30,432,429 $76.40 900
2015 Q2 204,097,694 $17,830,020,174 -$417,177,138 $87.36 951
2015 Q1 210,949,325 $21,711,955,079 +$179,378,700 $102.92 992
2014 Q4 209,082,528 $22,912,003,822 +$415,309,438 $109.61 1,043
2014 Q3 201,895,473 $22,530,445,272 +$318,074,588 $111.60 1,005
2014 Q2 199,042,874 $20,511,655,344 -$164,747,385 $103.03 1,003
2014 Q1 200,537,004 $19,482,922,896 +$209,647,616 $97.17 969

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