Institutional investors purchased a net $1.5 million shares of NSC during the quarter ended March 2013 and now own 67.04% of the total shares outstanding. This majority interest is a greater percentage than is typical for companies in the Railroads industry and highlights that the smart money sees this stock as an important holding.
| Other institutional | 37.47% |
| Mutual fund holders | 29.57% |
| Individual stakeholders | 1.01% |