Norfolk Southern Ownership | Who Owns Norfolk Southern?


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Norfolk Southern Ownership Summary


Norfolk Southern is owned by 76.21% institutional investors, 0.04% insiders, and 23.75% retail investors. Vanguard group is the largest institutional shareholder, holding 9.26% of NSC shares. Vanguard MStar Total Stk Mkt Idx Invest is the top mutual fund, with 3.18% of its assets in Norfolk Southern shares.

NSC Ownership Benchmark


TypeName% Inst% Insiders% Retail
StockNorfolk Southern76.21%0.04%23.75%
SectorIndustrials Stocks 67.86%16.45%15.69%

Institutional Shareholders


Top Institutional Shareholders by Total Shares

HolderShares% HoldingValue
Vanguard group20.83M9.26%$6.01B
Blackrock funding, inc. /de16.00M7.11%$5.03B
Vanguard capital management14.67M6.52%$4.61B
Blackrock14.35M6.36%$3.08B
State street10.24M4.55%$3.22B
Millennium management5.20M2.31%$1.64B
Geode capital management5.11M2.27%$1.60B
Bank of america corp /de/3.11M1.38%$978.98M
Norges bank3.04M1.35%$956.55M
Pentwater capital management lp2.77M1.23%$872.99M

Top Institutional Shareholders by % of Total Assets

HolderShares% AssetsValue
Cobalt capital management70.00K15.68%$22.02M
Symmetry investments lp650.50K13.84%$204.64M
Taylor financial group79.89K13.81%$25.13M
Kryger capital328.96K11.42%$98.82M
Decagon asset management llp184.36K11.05%$58.00M
Psquared asset management96.39K9.62%$27.66M
Birnam oak advisors, lp179.72K9.18%$56.54M
Alpine associates management461.65K9.09%$145.23M
Athos capital75.52K8.43%$23.76M
Sand grove capital management llp99.09K8.13%$31.17M

Top Buyers

HolderShares% AssetsChange
Norges bank3.04M0.10%3.04M
Sixth street partners management company1.48M0.06%1.48M
Blackrock funding, inc. /de16.00M0.07%724.24K
Caxton associates llp1.04M6.16%705.25K
Millennium management5.20M0.59%617.64K

Top Sellers

HolderShares% AssetsChange
Dodge & cox2.51M0.41%-3.75M
Kingstone capital partners texas---1.38M
Citadel advisors1.59M0.06%-1.03M
Holocene advisors, lp---983.37K
Interval partners, lp---778.92K

New Positions

HolderShares% AssetsChangeValue
Norges bank3.04M0.10%3.04M$956.55M
Sixth street partners management company1.48M0.06%1.48M$466.67M
Farallon capital management615.00K0.76%615.00K$184.75M
Kryger capital328.96K11.42%328.96K$98.82M
Mizuho markets americas221.01K1.09%221.01K$69.53M

Sold Out

HolderChange
Murphy & mullick capital management-1.00
Hurley capital-1.00
Mendota financial group-1.00
Pom investment strategies-1.00
New millennium group-2.00

Institutional Ownership Trends


DateHoldingsChange %SharesChange %OwnershipChange %Increased PositionChange %Decreased PositionChange %
Jun 30, 20261,8800.11%171,551,1652.04%761.37%7353.81%627-6.56%
Mar 31, 20261,825-3.34%162,006,831-6.15%721.22%684-10.71%6563.14%
Dec 31, 2025962-47.46%38,066,137-77.50%160.30%346-53.93%327-46.04%
Sep 30, 20251,115-34.91%46,804,262-72.81%200.36%412-39.68%377-38.20%
Jun 30, 20251,7001.43%177,576,9913.49%781.37%6782.88%6053.95%

Top Mutual Funds Shareholders


HolderShares% HoldingChange
Vanguard MStar Total Stk Mkt Idx Invest7.15M3.18%20.07K
Vanguard Total Stock Mkt Idx Inv7.13M3.17%-15.29K
Vanguard Morn Total Stk Mkt Idx Investor7.13M3.17%-15.29K
Vanguard US Total Market Shares ETF7.15M3.16%5.15K
Vanguard 500 Index Investor5.90M2.63%62.04K
iShares Core S&P 500 ETF3.03M1.35%4.85K
Fidelity 500 Index2.88M1.28%7.31K
SPDR® S&P 500 ETF2.82M1.24%-41.23K
State Street® SPDR® S&P 500® ETF2.77M1.24%2.34K
SPDR® S&P 500® ETF2.72M1.21%33.40K

Recent Insider Transactions


DateNameRoleActivityValue
Dec 05, 2025Clyburn William Jr.-Buy$60.14K
Nov 19, 2025Bhatt Anil EVP & CIDOSell$253.44K
Nov 05, 2025Fahmy Sameh-Buy$466.90K
Oct 27, 2025ANDERSON RICHARD H-Buy$732.82K
Jan 31, 2025LAMPHERE GILBERT H-Buy$157.74K

Insider Transactions Trends


DateBuySell
2028 Q1--
2026 Q4--
2026 Q2--
2026 Q1--
2025 Q431

NSC Ownership FAQ


Who owns the most shares of Norfolk Southern?

Norfolk Southern’s largest shareholders are Vanguard group (20.83M shares, 9.26%), Blackrock funding, inc. /de (16M shares, 7.11%), and Vanguard capital management (14.67M shares, 6.52%). Together, they hold 22.89% of Norfolk Southern’s total shares outstanding.

Does Blackrock own Norfolk Southern?

Yes, BlackRock owns 6.36% of Norfolk Southern, totaling 14.35M shares as of Jun 2024. This represents 0.07% of BlackRock's total assets, with a market value of 3.08B$. In the last quarter, BlackRock increased its holdings by 57.78K shares, a 0.40% change.

Who is Norfolk Southern’s biggest shareholder by percentage of total assets invested?

Cobalt capital management is Norfolk Southern’s biggest shareholder by percentage of total assets invested, with 15.68% of its assets in 70K Norfolk Southern shares, valued at 22.02M$.

Who is the top mutual fund holder of Norfolk Southern shares?

Vanguard MStar Total Stk Mkt Idx Invest is the top mutual fund holder of Norfolk Southern shares, with 3.18% of its total shares outstanding invested in 7.15M Norfolk Southern shares.

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