Sound Shore Management 13F, Q3 2023
Harry Burn · quarter ending 30 September 2023 · filed 6 November 2023 · SEC CIK 820124
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q3 2023
The 25 largest of 38 positions. Weights are against the whole filed book. Changes are in shares held, against the Q2 2023 filing.
| Company | Ticker | Value | % of book | vs Q2 2023 |
|---|---|---|---|---|
| TotalEnergies SE ADR | $102.04M | 3.9% | +30% shares | |
| Flex Ltd. | $100.99M | 3.9% | -20% shares | |
| Vistra Corp. | VST | $95.20M | 3.6% | -35% shares |
| Wells Fargo & Company | WFC | $94.13M | 3.6% | unchanged |
| Avantor, Inc. | AVTR | $84.10M | 3.2% | +19% shares |
| Capital One Financial Corp | COF | $84.09M | 3.2% | unchanged |
| GE HealthCare Technologies | GEHC | $82.27M | 3.1% | +22% shares |
| General Motors Company | GM | $81.68M | 3.1% | +21% shares |
| Teva Pharmaceutil Industries Ltd ADR | TEVA | $80.79M | 3.1% | new |
| PVH Corp. | PVH | $79.75M | 3.0% | unchanged |
| Micron Technology, Inc. | MU | $76.18M | 2.9% | +36% shares |
| Huntington Ingalls Industries, Inc. | HII | $74.69M | 2.9% | unchanged |
| Kinder Morgan, Inc. | KMI | $74.06M | 2.8% | +11% shares |
| FedEx Corporation | FDX | $72.82M | 2.8% | -15% shares |
| Merck & Co. Inc. | MRK | $72.40M | 2.8% | -6% shares |
| Boeing Company | BA | $71.51M | 2.7% | +10% shares |
| Berkshire Hathaway, Inc. Cl B | BRK/B | $71.16M | 2.7% | -26% shares |
| Centene Corporation | CNC | $70.42M | 2.7% | unchanged |
| Fidelity National Information Services | FIS | $68.83M | 2.6% | +19% shares |
| NXP Semiconductors NV | $68.56M | 2.6% | -33% shares | |
| The Kraft Heinz Company | KHC | $67.00M | 2.6% | +34% shares |
| Cardinal Health, Inc. | CAH | $66.45M | 2.5% | +26% shares |
| Elevance Health, Inc. | ELV | $65.39M | 2.5% | +28% shares |
| Hologic Inc. | HO1 | $64.28M | 2.5% | +43% shares |
| Acuity Brands, Inc. | AYI | $61.00M | 2.3% | new |
What changed since Q2 2023
Against the Q2 2023 filing, Sound Shore Management opened 3 new positions, added to 13, trimmed 14, left 8 unchanged and exited 2. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
Other quarters
Source: SEC Form 13F-HR, accession 0000950123-23-009436, filed by SOUND SHORE MANAGEMENT INC /CT/. Values are as filed and cover US-listed positions only; a 13F does not show short positions or holdings outside the US. A 13F may be filed up to 45 days after the quarter ends, so the fund may have traded since. Educational information, not financial advice.