Sound Shore Management 13F, Q1 2024
Harry Burn · quarter ending 31 March 2024 · filed 10 May 2024 · SEC CIK 820124
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q1 2024
The 25 largest of 38 positions. Weights are against the whole filed book. Changes are in shares held, against the Q4 2023 filing.
| Company | Ticker | Value | % of book | vs Q4 2023 |
|---|---|---|---|---|
| PVH Corp. | PVH | $133.52M | 4.2% | -5% shares |
| Wells Fargo & Company | WFC | $124.15M | 3.9% | -5% shares |
| Flex Ltd. | $122.87M | 3.8% | +11% shares | |
| General Motors Company | GM | $120.30M | 3.8% | -3% shares |
| Capital One Financial Corp | COF | $119.94M | 3.8% | -5% shares |
| Fidelity National Information Services | FIS | $111.47M | 3.5% | -2% shares |
| Teva Pharmaceutical Industries Ltd ADR | TEVA | $105.75M | 3.3% | -16% shares |
| Vistra Corp. | VST | $100.01M | 3.1% | -37% shares |
| Bath & Body Works, Inc. | BBWI | $94.98M | 3.0% | unchanged |
| Organon & Company | OGN | $94.47M | 3.0% | +8% shares |
| Centene Corporation | CNC | $92.20M | 2.9% | +9% shares |
| The Kraft Heinz Company | KHC | $91.52M | 2.9% | +18% shares |
| Merck & Co. Inc. | MRK | $91.48M | 2.9% | unchanged |
| Kinder Morgan, Inc. | KMI | $90.01M | 2.8% | +4% shares |
| Berkshire Hathaway, Inc. Cl B | BRK/B | $88.77M | 2.8% | -8% shares |
| Oracle Corporation | ORCL | $87.40M | 2.7% | -5% shares |
| Cleveland-Cliffs Inc. | CLF | $87.13M | 2.7% | -5% shares |
| Hologic, Inc. | HO1 | $86.42M | 2.7% | +11% shares |
| Baker Hughes Company | BKR | $83.52M | 2.6% | +57% shares |
| The Kroger Co. | KR | $81.90M | 2.6% | new |
| Willis Towers Watson PLC | $81.52M | 2.5% | -2% shares | |
| Elevance Health, Inc. | ELV | $80.19M | 2.5% | +3% shares |
| NXP Semiconductors NV | $79.87M | 2.5% | -6% shares | |
| FedEx Corporation | FDX | $78.53M | 2.5% | unchanged |
| Checkpoint Software Technologies | $78.04M | 2.4% | new |
What changed since Q4 2023
Against the Q4 2023 filing, Sound Shore Management opened 6 new positions, added to 10, trimmed 19, left 3 unchanged and exited 4. 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 0000950123-24-004294, 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.