Absolute Return Capital’s Norfolk Southern NSC Stock Holding History

Absolute Return Capital’s Portfolio NSC Stock Details NSC Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-210,501	Closed	-$16.1M	–	235
2015 Q3	$16.1M	Buy	210,501 +122,842	+140%	+$9.98M	1.03%	11
2015 Q2	$7.66M	Sell	87,659 -114,979	-57%	-$11.2M	0.31%	118
2015 Q1	$20.9M	Buy	202,638 +105,666	+109%	+$11.3M	0.55%	56
2014 Q4	$10.6M	Sell	96,972 -310,659	-76%	-$34.1M	0.22%	133
2014 Q3	$45.5M	Sell	407,631 -52,650	-11%	-$5.58M	0.64%	33
2014 Q2	$47.4M	Buy	460,281 +237,379	+106%	+$23.3M	0.56%	32
2014 Q1	$21.7M	Sell	222,902 -892,618	-80%	-$82.8M	0.31%	103
2013 Q4	$104M	Buy	1,115,520 +114,337	+11%	+$9.81M	1.14%	5
2013 Q3	$77.4M	Sell	1,001,183 -62,336	-6%	-$4.67M	1.08%	3
2013 Q2	$77.3M	Buy	+1,063,519	New	+$81.2M	1%	10

Other funds holding NSC

Capital Research Global Investors Los Angeles, California $645B AUM 30.41% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return

Capital World Investors Los Angeles, California $733B AUM 35.63% 1-Year Est. Return

BIT

BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return

Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Capital International Investors Los Angeles, California $427B AUM 29.17% 1-Year Est. Return

Northern Trust Chicago, Illinois $757B AUM 28.64% 1-Year Est. Return

Wells Fargo San Francisco, California $530B AUM 22.01% 1-Year Est. Return

BFA

BlackRock Fund Advisors San Francisco, California $542B AUM 18.13% 1-Year Est. Return

Absolute Return Capital's NSC Position: Q4 2015 in Review

Absolute Return Capital sold out of Norfolk Southern (NSC) in Q4 2015, closing a stake of 210,501 shares — an estimated $16.1M sold.

Absolute Return Capital first reported a position in NSC in Q2 2013 and held it in 10 quarters. The position peaked at $104M in Q4 2013. 941 funds tracked by Wall St. Rank hold NSC as of Q4 2015.

Absolute Return Capital reported no remaining Norfolk Southern position as of Q4 2015 after selling out during the quarter.
Absolute Return Capital sold 210,501 Norfolk Southern shares in Q4 2015, an estimated $16.1M.
Absolute Return Capital first reported a position in Norfolk Southern in Q2 2013 and held it in 10 quarters.
Absolute Return Capital's Norfolk Southern position peaked at $104M in Q4 2013.
941 funds tracked by Wall St. Rank held Norfolk Southern as of Q4 2015.

Based on Absolute Return Capital's 13F filing for Q4 2015.