Tetrem Capital Management’s Norfolk Southern NSC Stock Holding History

Tetrem Capital Management’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 Q2	–	Sell	-340,664	Closed	-$35.1M	–	70
2015 Q1	$35.1M	Sell	340,664 -250,104	-42%	-$26.7M	1.07%	40
2014 Q4	$64.8M	Sell	590,768 -111,438	-16%	-$12.2M	1.83%	24
2014 Q3	$78.4M	Buy	702,206 +32,430	+5%	+$3.44M	2.09%	16
2014 Q2	$73.6M	Buy	669,776 +29,362	+5%	+$2.88M	1.81%	20
2014 Q1	$62.2M	Buy	640,414 +26,746	+4%	+$2.48M	1.69%	20
2013 Q4	$57M	Sell	613,668 -59,739	-9%	-$5.13M	1.55%	21
2013 Q3	$52.1M	Buy	673,407 +78,421	+13%	+$5.87M	1.58%	20
2013 Q2	$43.2M	Buy	+594,986	New	+$45.4M	1.45%	28

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

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

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

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

Lazard Asset Management New York $60.8B AUM 22.47% 1-Year Est. Return

BFA

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

Tetrem Capital Management's NSC Position: Q2 2015 in Review

Tetrem Capital Management sold out of Norfolk Southern (NSC) in Q2 2015, closing a stake of 340,664 shares — an estimated $35.1M sold.

Tetrem Capital Management first reported a position in NSC in Q2 2013 and held it in 8 quarters. The position peaked at $78.4M in Q3 2014. 956 funds tracked by Wall St. Rank hold NSC as of Q2 2015.

Tetrem Capital Management reported no remaining Norfolk Southern position as of Q2 2015 after selling out during the quarter.
Tetrem Capital Management sold 340,664 Norfolk Southern shares in Q2 2015, an estimated $35.1M.
Tetrem Capital Management first reported a position in Norfolk Southern in Q2 2013 and held it in 8 quarters.
Tetrem Capital Management's Norfolk Southern position peaked at $78.4M in Q3 2014.
956 funds tracked by Wall St. Rank held Norfolk Southern as of Q2 2015.

Based on Tetrem Capital Management's 13F filing for Q2 2015, filed 12 Aug 2015.