Norfolk Southern NSC Institutional Ownership

NYSE NSC

$309.20 -4.02 (-1.28%)

At close: Sep 30, 2026 · 4:00 PM EDT

Institutions by Trading Activity

1,865 Institutions

Increased 752 40.3%

Unchanged 480 25.7%

Reduced 633 33.9%

Ownership Statistics

13F · as of 30 Jun, 2026

Institutional Ownership

76.65%

▲+1.84 pp QoQ

Shares Held by Institutions

172.16Mn

of 224.60Mn outstanding

▲+3.24% QoQ

Shares Outstanding

224.60Mn

52.44Mn held outside 13F filers

Institutional Investors

1,865

filed 13F for Jun 2026

▲+33 vs prior quarter

Net Shares Added (QoQ)

+5.41Mn

accumulated since last quarter

Value of Holdings

$53.23Bn

reported market value

Shares Owned by Institutions

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Shares Purchased/Sold by Institutions

Accumulated Distributed

Latest quarter —

Net over range —

Accumulating quarters —

Ownership Summary

Quarter ending 30 Jun, 2026

Norfolk Southern Corp (NYSE:NSC) showed up in the 13F filings of 1,865 institutional investors as of June 2026.

These investors held 76.7% of outstanding shares in June 2026, up from 74.8% in March 2026.
They increased total shares held in NSC by 3.24% quarter over quarter, and investors in Norfolk Southern increased 9.9% from a year ago.
Of these 1,865 funds, 752 grew their exposure to Norfolk Southern, 633 cut back, and 480 maintained positions.
In total, institutional investors held 172.16Mn shares in Norfolk Southern as of June 2026, up by 5.41Mn shares quarter on quarter, and down 2.9Mn shares year over year.
BlackRock, Inc. is the top holder of Norfolk Southern as of June 30, 2026, with 16.0Mn shares representing 7.12% of outstanding stock.
Leading buyers of Norfolk Southern shares for the quarter ending June 2026 were VANGUARD PORTFOLIO MANAGEMENT LLC (3.19Mn), NORGES BANK (3.04Mn), Sixth Street Partners Management Company, L.P. (1.48Mn), BlackRock, Inc. (724.24K), CAXTON ASSOCIATES LLP (705.25K).
Leading sellers of Norfolk Southern shares for the quarter ending June 2026 were DODGE & COX (3.75Mn), CITADEL ADVISORS LLC (1.03Mn), DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main (777.91K), UBS Group AG (773.42K), Amundi (686.28K).
Norfolk Southern's 10 largest shareholders as of June 2026 include BlackRock, Inc. (16.0Mn), VANGUARD CAPITAL MANAGEMENT LLC (14.67Mn), State Street Corp (10.24Mn), VANGUARD PORTFOLIO MANAGEMENT LLC (7.22Mn), MILLENNIUM MANAGEMENT LLC (5.2Mn), GEODE CAPITAL MANAGEMENT, LLC (5.11Mn), Bank Of America Corp /De/ (3.11Mn), NORGES BANK (3.04Mn), Pentwater Capital Management LP (2.78Mn), Northern Trust Corp (2.61Mn) per Business Quant data.

Form 13F Holdings

1,863 Institutional Holders

Report period 30 Jun, 2026

Total shares held 172.16Mn

Of outstanding 76.65%

#	Institution	CIK	Shares Held	% of Outstanding	Change (QoQ)	Change (%)	Value (USD)
1	BlackRock, Inc.	0002012383	16,000,346	7.12%	▲724,235	+4.74%	$5.03Bn
2	VANGUARD CAPITAL MANAGEMENT LLC	0002100119	14,666,136	6.53%	▲79,477	+0.54%	$4.61Bn
3	State Street Corp	0000093751	10,242,817	4.56%	▲408,771	+4.16%	$3.22Bn
4	VANGUARD PORTFOLIO MANAGEMENT LLC	0002100121	7,215,898	3.21%	▲3,190,005	+79.24%	$2.27Bn
5	MILLENNIUM MANAGEMENT LLC	0001273087	5,201,728	2.32%	▲617,642	+13.47%	$1.64Bn
6	GEODE CAPITAL MANAGEMENT, LLC	0001214717	5,114,278	2.28%	▲38,090	+0.75%	$1.60Bn
7	Bank Of America Corp /De/	0000070858	3,111,914	1.39%	▼89,179	-2.79%	$978.98Mn
8	NORGES BANK	0001374170	3,040,628	1.35%	▲3,040,628	0.00%	$956.55Mn
9	Pentwater Capital Management LP	0001425851	2,775,000	1.24%	▼445,000	-13.82%	$872.99Mn
10	Northern Trust Corp	0000073124	2,614,406	1.16%	▼23,262	-0.88%	$822.47Mn
11	Morgan Stanley	0000895421	2,611,985	1.16%	▼15,435	-0.59%	$821.71Mn
12	D. E. Shaw & Co., Inc.	0001009207	2,601,202	1.16%	▲337,722	+14.92%	$818.31Mn
13	DODGE & COX	0000200217	2,508,128	1.12%	▼3,749,622	-59.92%	$789.03Mn
14	DIMENSIONAL FUND ADVISORS LP	0000354204	2,259,711	1.01%	▲153	+0.01%	$710.94Mn
15	Capital World Investors	0001422849	2,011,919	0.90%	▲5,247	+0.26%	$632.93Mn
16	PRICE T ROWE ASSOCIATES INC /MD/	0000080255	1,925,031	0.86%	▼204,770	-9.61%	$605.60K
17	Goldman Sachs Group Inc	0000886982	1,888,947	0.84%	▲263,202	+16.19%	$594.24Mn
18	HBK INVESTMENTS L P	0001011443	1,750,000	0.78%	▲13,644	+0.79%	$550.53Mn
19	ARROWSTREET CAPITAL, LIMITED PARTNERSHIP	0001164508	1,732,049	0.77%	▲105,361	+6.48%	$544.89Mn
20	LONDON CO OF VIRGINIA	0001259887	1,652,991	0.74%	▼47,306	-2.78%	$520.02Mn

Showing 1 to 20 of 1,863 holders