Roystone Capital Management’s Norfolk Southern NSC Stock Holding History

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Shares Change %	Capital Flow	Portfolio Weight	Portfolio Position
2016 Q1	–	Sell	-267,500	Closed	-$22.6M	–	30
2015 Q4	$22.6M	Buy	+267,500	New	+$22.6M	1.24%	22