Sound Shore Management 13F, Q4 2024
Harry Burn · quarter ending 31 December 2024 · filed 11 February 2025 · SEC CIK 820124
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q4 2024
The 25 largest of 40 positions. Weights are against the whole filed book. Changes are in shares held, against the Q3 2024 filing.
| Company | Ticker | Value | % of book | vs Q3 2024 |
|---|---|---|---|---|
| Capital One Financial Corp | COF | $126.84M | 4.2% | -3% shares |
| Wells Fargo & Company | WFC | $109.09M | 3.6% | -12% shares |
| Teva Pharmaceutical Industries | TEVA | $105.19M | 3.5% | -20% shares |
| Coterra Energy, Inc. | CTRA | $100.67M | 3.3% | unchanged |
| Avantor, Inc. | AVTR | $98.64M | 3.3% | +33% shares |
| PVH Corp. | PVH | $93.29M | 3.1% | -11% shares |
| Willis Towers Watson PLC | $93.07M | 3.1% | -13% shares | |
| PayPal Holdings, Inc. | PYPL | $90.32M | 3.0% | unchanged |
| NXP Semiconductors NV | $90.07M | 3.0% | +67% shares | |
| Check Point Software | $89.41M | 3.0% | +42% shares | |
| Bath & Body Works, Inc. | BBWI | $86.62M | 2.9% | -9% shares |
| The Walt Disney Company | DIS | $86.45M | 2.9% | -18% shares |
| Citigroup Inc. | C | $86.33M | 2.9% | new |
| Southwest Airlines Co. | LUV | $85.26M | 2.8% | new |
| Incyte Corporation | INCY | $82.96M | 2.7% | +98% shares |
| Zimmer Biomet Holdings, Inc. | ZBH | $81.45M | 2.7% | new |
| The Kroger Co. | KR | $80.74M | 2.7% | -11% shares |
| Bristol-Myers Squibb Company | BMY | $77.70M | 2.6% | new |
| Fidelity National Information Services | FIS | $76.62M | 2.5% | -15% shares |
| Organon & Company | OGN | $74.13M | 2.5% | -3% shares |
| Baxter International Inc. | BAX | $72.45M | 2.4% | new |
| CF Industries Holdings, Inc. | CF | $72.06M | 2.4% | -3% shares |
| Berkshire Hathaway, Inc. C | BRK/B | $71.99M | 2.4% | +21% shares |
| Hologic, Inc. | HO1 | $69.94M | 2.3% | -5% shares |
| The AES Corporation | AES | $69.08M | 2.3% | new |
What changed since Q3 2024
Against the Q3 2024 filing, Sound Shore Management opened 9 new positions, added to 9, trimmed 19, left 3 unchanged and exited 9. Every position is compared, matched on its CUSIP; a change of 2% or less in shares counts as unchanged.
New positions
and 1 more
Exited
- PFEwas $79.55M
- ORCLwas $72.30M
- CVSwas $71.73M
- KHCwas $68.02M
- CNCwas $62.98M
- MRKwas $62.17M
- ELVwas $62.14M
- HIIwas $62.10M
and 1 more
Other quarters
Source: SEC Form 13F-HR, accession 0000950123-25-001578, 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.