Sound Shore Management 13F, Q2 2025
Harry Burn · quarter ending 30 June 2025 · filed 6 August 2025 · SEC CIK 820124
Common stock only: shares the fund reported owning at the quarter end, valued as filed.
Largest positions, Q2 2025
The 25 largest of 36 positions. Weights are against the whole filed book. Changes are in shares held, against the Q1 2025 filing.
| Company | Ticker | Value | % of book | vs Q1 2025 |
|---|---|---|---|---|
| Citigroup Inc. | C | $119.59M | 4.1% | +4% shares |
| Capital One Financial Corp | COF | $113.39M | 3.9% | -11% shares |
| Coterra Energy, Inc. | CTRA | $111.38M | 3.8% | +12% shares |
| PayPal Holdings, Inc. | PYPL | $103.05M | 3.5% | +12% shares |
| CSX Corporation | CSX | $101.38M | 3.5% | unchanged |
| Bank of America Corporation | BAC | $99.38M | 3.4% | new |
| Teva Pharmaceutical Industries | TEVA | $97.99M | 3.3% | +7% shares |
| Warner Bros. Discovery, Inc. | WBD | $97.95M | 3.3% | new |
| Southwest Airlines Co. | LUV | $92.58M | 3.2% | unchanged |
| Hologic, Inc. | HO1 | $90.10M | 3.1% | unchanged |
| Fidelity National Information Services | FIS | $88.84M | 3.0% | -16% shares |
| Flex Ltd. | $88.38M | 3.0% | +2% shares | |
| Perrigo Company PLC | $87.85M | 3.0% | unchanged | |
| Wells Fargo & Company | WFC | $86.46M | 3.0% | -14% shares |
| Public Service Enterprise Group | PEG | $86.32M | 2.9% | +33% shares |
| Baxter International Inc. | BAX | $85.44M | 2.9% | unchanged |
| The AES Corporation | AES | $84.87M | 2.9% | +32% shares |
| Zimmer Biomet Holdings, Inc. | ZBH | $84.58M | 2.9% | +16% shares |
| The Walt Disney Company | DIS | $81.83M | 2.8% | -29% shares |
| Huntington Ingalls Industries | HII | $80.05M | 2.7% | new |
| Willis Towers Watson PLC | $78.81M | 2.7% | +12% shares | |
| Kinder Morgan, Inc. | KMI | $77.64M | 2.6% | +10% shares |
| Incyte Corporation | INCY | $77.64M | 2.6% | -24% shares |
| Alphabet Inc. Cl A | GOOGL | $76.60M | 2.6% | new |
| General Motors Company | GM | $75.72M | 2.6% | +58% shares |
What changed since Q1 2025
Against the Q1 2025 filing, Sound Shore Management opened 9 new positions, added to 13, trimmed 8, left 6 unchanged and exited 10. 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
- EOGwas $92.89M
- BMYwas $86.92M
- CFwas $78.80M
- Barrick Gold Corporationwas $74.90M
- OGNwas $74.11M
- AVTRwas $67.63M
- Check Point Softwarewas $61.74M
- NXP Semiconductors NVwas $57.28M
and 2 more
Other quarters
Source: SEC Form 13F-HR, accession 0000950123-25-007068, 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.