Merit Investment Management’s Norfolk Southern NSC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2013 Q4	$650K	Hold	7,000	–	–	0.74%	25
2013 Q3	$542K	Hold	7,000	–	–	0.65%	33
2013 Q2	$509K	Buy	+7,000	New	+$509K	0.46%	39