Kerrisdale Advisers’s Norfolk Southern NSC Stock Holding History

Kerrisdale Advisers’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
2025 Q2	–	Sell	-3,473	Closed	-$823K	–	80
2025 Q1	$823K	Sell	3,473 -500	-13%	-$122K	0.34%	46
2024 Q4	$932K	Hold	3,973	–	–	0.32%	61
2024 Q3	$987K	Sell	3,973 -2,605	-40%	-$624K	0.34%	59
2024 Q2	$1.41M	Hold	6,578	–	–	0.44%	52
2024 Q1	$1.68M	Sell	6,578 -19,090	-74%	-$4.72M	0.53%	43
2023 Q4	$6.07M	Hold	25,668	–	–	1.81%	17
2023 Q3	$5.05M	Hold	25,668	–	–	1.6%	18
2023 Q2	$5.82M	Hold	25,668	–	–	1.57%	21
2023 Q1	$5.44M	Buy	25,668 +10,230	+66%	+$2.37M	1.61%	24
2022 Q4	$3.8M	Sell	15,438 -6,150	-28%	-$1.45M	1.13%	27
2022 Q3	$4.53M	Buy	21,588 +2,925	+16%	+$703K	1.1%	25
2022 Q2	$4.24M	Buy	+18,663	New	+$4.58M	1.34%	25

Other funds holding NSC

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

BlackRock New York $5.72T AUM 30.48% 1-Year Est. Return

T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return

Dodge & Cox San Francisco, California $182B AUM 14.68% 1-Year Est. Return

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

JP Morgan Chase New York $1.56T AUM 27.86% 1-Year Est. Return

Geode Capital Management Boston, Massachusetts $1.61T AUM 30.72% 1-Year Est. Return

EIG

EdgePoint Investment Group Toronto, Ontario, Canada $12.5B AUM 31.7% 1-Year Est. Return

Fidelity Investments Boston, Massachusetts $1.9T AUM 41.92% 1-Year Est. Return

Boston Partners Boston, Massachusetts $95.5B AUM 28.4% 1-Year Est. Return

Kerrisdale Advisers's NSC Position: Q2 2025 in Review

Kerrisdale Advisers sold out of Norfolk Southern (NSC) in Q2 2025, closing a stake of 3,473 shares — an estimated $823K sold.

Kerrisdale Advisers first reported a position in NSC in Q2 2022 and held it in 12 quarters. The position peaked at $6.07M in Q4 2023. 1,691 funds tracked by Wall St. Rank hold NSC as of Q2 2025.

Kerrisdale Advisers reported no remaining Norfolk Southern position as of Q2 2025 after selling out during the quarter.
Kerrisdale Advisers sold 3,473 Norfolk Southern shares in Q2 2025, an estimated $823K.
Kerrisdale Advisers first reported a position in Norfolk Southern in Q2 2022 and held it in 12 quarters.
Kerrisdale Advisers's Norfolk Southern position peaked at $6.07M in Q4 2023.
1,691 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2025.

Based on Kerrisdale Advisers's 13F filing for Q2 2025, filed 14 Aug 2025.