Who owns Norfolk Southern?What is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
Institutions own 76.5% of Norfolk Southern's shares, through 1,911 funds, banks and other managers that report their holdings to the SEC; individual investors and others hold the rest. The largest on 30 June 2026 were BlackRock, Inc. (7.1%), Vanguard Capital Management LLC (6.5%), State Street Corp (4.6%).
- Institutions ownWhat is institutional ownership? Institutional ownership is the share of a company's stock held by funds, banks and other investment managers, as they report it each quarter on Form 13F.
- 76.5%
- Institutional holders
- 1,911
- The 10 largest hold
- 31.1%
- Free floatWhat is free float? Free float is the part of a company's shares that anyone can buy and sell: all its shares minus those held by insiders, founders and owners of over 5%.
- 99.8%
- Holdings as of
- 30 Jun 2026
Who owns the shares
Shares free to trade
Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.
The largest shareholders
| # | Holder | Shares | Of the company | Value | Change last quarter (shares) |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 16,000,346 | 7.11% | 5.03B USD | +724,235 |
| 2 | Vanguard Capital Management LLC | 14,666,136 | 6.52% | 4.61B USD | +79,477 |
| 3 | State Street Corp | 10,242,817 | 4.55% | 3.22B USD | +408,771 |
| 4 | Vanguard Portfolio Management LLC | 7,215,898 | 3.21% | 2.27B USD | +3,190,005 |
| 5 | Millennium Management LLC | 5,201,728 | 2.31% | 1.64B USD | +617,642 |
| 6 | Geode Capital Management, LLC | 5,114,278 | 2.27% | 1.60B USD | +38,090 |
| 7 | Bank Of America Corp | 3,111,914 | 1.38% | 978.98M USD | -89,179 |
| 8 | Norges Bank | 3,040,628 | 1.35% | 956.55M USD | New position |
| 9 | Pentwater Capital Management LP | 2,775,000 | 1.23% | 872.99M USD | -445,000 |
| 10 | Northern Trust Corp | 2,614,406 | 1.16% | 822.47M USD | -23,262 |
| 11 | Morgan Stanley | 2,611,985 | 1.16% | 821.71M USD | -15,435 |
| 12 | D. E. Shaw & Co., Inc. | 2,601,202 | 1.16% | 818.31M USD | +337,722 |
| 13 | Dodge & Cox | 2,508,128 | 1.11% | 789.03M USD | -3,749,622 |
| 14 | Dimensional Fund Advisors LP | 2,259,711 | 1.00% | 710.94M USD | +153 |
| 15 | Capital World Investors | 2,011,919 | 0.89% | 632.93M USD | +5,247 |
| 16 | Price T Rowe Associates Inc | 1,925,031 | 0.86% | 605.60M USD | -204,770 |
| 17 | Goldman Sachs Group Inc | 1,888,947 | 0.84% | 594.24M USD | +263,202 |
| 18 | Hbk Investments L P | 1,750,000 | 0.78% | 550.53M USD | +13,644 |
| 19 | Arrowstreet Capital, Limited Partnership | 1,732,049 | 0.77% | 544.89M USD | +105,361 |
| 20 | London Co Of Virginia | 1,652,991 | 0.73% | 520.02M USD | -47,306 |
| 21 | Legal & General Group PLC | 1,599,203 | 0.71% | 503.09M USD | -110,202 |
| 22 | Citadel Advisors LLC | 1,585,467 | 0.70% | 498.77M USD | -1,034,915 |
| 23 | Amundi | 1,540,605 | 0.68% | 484.66M USD | -686,280 |
| 24 | American Century Companies Inc | 1,526,249 | 0.68% | 480.14M USD | -502,687 |
| 25 | Sixth Street Partners Management Company, L.P. | 1,483,414 | 0.66% | 466.67M USD | New position |
All institutions last quarter
- Bought or added
- 887 · 140 new
- Sold or cut
- 754 · 108 sold out
- Net shares bought
- +4.06M · 1.28B USD
- Institutional ownership
- 74.7% → 76.5%
Biggest buyers last quarter
- Vanguard Portfolio Management LLC+3,190,005
- Norges BankNew position
- Sixth Street Partners Management Company, L.P.New position
- BlackRock, Inc.+724,235
- Caxton Associates LLP+705,249
Biggest sellers last quarter
- Dodge & Cox-3,749,622
- Citadel Advisors LLC-1,034,915
- UBS Group AG-773,416
- Amundi-686,280
- American Century Companies Inc-502,687
From the holders' 13F filings with the SEC for the quarter to 30 Jun 2026, filed up to 45 days after it; the buyers and sellers are among the 100 largest holders.
Common questions about Norfolk Southern's shareholders
Source: Financial Modeling Prep
