Sound Shore Management
Harry BurnGreenwich, CTfiles as Sound Shore Management Inc /CT/
$3.2bn in 40 US stocks at the end of 30 June 2026. The top 10 are 32.4% of the money. It changed about 24.4% of the portfolio this quarter.
Value
$3.2bn
Stocks
40
Top 10 share
32.4%
Turnover
24.4%
What changed this quarter
New
Bought for the first time this quarter.
- American Airlines GroupAAL3.3% of the fund
- Elevance HealthELV2.9% of the fund
- TE ConnectivityTEL2.8% of the fund
- Thermo Fisher ScientificTMO2.6% of the fund
- National Fuel GasNFG2.1% of the fund
- Genuine PartsGPC2.1% of the fund
- OracleORCL2.1% of the fund
Added
Bought more of a stock they already held.
- Southwest AirlinesLUV3.9% of the fund+22%
- Berkshire HathawayBRK-B3.1% of the fund+2%
- QualcommQCOM3.1% of the fund+29%
- PfizerPFE2.8% of the fund+33%
- VistraVST2.8% of the fund+20%
- QXOQXO2.8% of the fund+32%
- BoeingBA2.7% of the fund+15%
- United Parcel ServiceUPS2.7% of the fund+10%
- Smurfit WestrockSW2.6% of the fund+22%
- EQTEQT2.6% of the fund+27%
- BPBP2.5% of the fund+34%
- Omnicom GroupOMC2.5% of the fund+34%
- Packaging Corp of AmericaPKG0.4% of the fund+11%
- ChevronCVX<0.1% of the fund+37%
Cut
Sold some of their stake.
- Teva Pharmaceutical IndustriesTEVA4.0% of the fund-2%
- CitigroupC2.7% of the fund-20%
- Amazon.comAMZN2.6% of the fund-8%
- AlphabetGOOGL2.6% of the fund-9%
- NXP SemiconductorsNXPI2.5% of the fund-30%
- Regeneron PharmaceuticalsREGN2.4% of the fund-16%
- GE HealthCare TechnologiesGEHC2.2% of the fund-6%
- CSXCSX2.2% of the fund-26%
- Zimmer Biomet HoldingsZBH2.1% of the fund-24%
- Kyndryl HoldingsKD0.9% of the fund-40%
Sold out
Sold their entire stake.
- Marvell TechnologyMRVL-100%
- Coterra EnergyCTRA-100%
- Check Point Software TechnologiesCHKP-100%
- Albertsons CompaniesACI-100%
- IconICLR-100%
- Kinder MorganKMI-100%
- FlexFLEX-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| Teva Pharmaceutical IndustriesTEVA | 4.0% | $129m | 3,804,497 | -2% |
| Southwest AirlinesLUV | 3.9% | $126m | 2,441,564 | +22% |
| Bank of AmericaBAC | 3.6% | $116m | 2,038,298 | Held |
| American Airlines GroupAAL | 3.3% | $108m | 5,952,846 | New |
| Berkshire HathawayBRK-B | 3.1% | $102m | 203,903 | +2% |
| QualcommQCOM | 3.1% | $101m | 547,812 | +29% |
| Elevance HealthELV | 2.9% | $94m | 243,452 | New |
| Walt DisneyDIS | 2.9% | $93m | 967,830 | Held |
| Owens CorningOC | 2.9% | $93m | 584,629 | Held |
| PfizerPFE | 2.8% | $92m | 3,820,117 | +33% |
| VistraVST | 2.8% | $92m | 577,385 | +20% |
| TE ConnectivityTEL | 2.8% | $90m | 447,360 | New |
| QXOQXO | 2.8% | $90m | 5,198,401 | +32% |
| BoeingBA | 2.7% | $88m | 407,058 | +15% |
| United Parcel ServiceUPS | 2.7% | $86m | 801,772 | +10% |
| CitigroupC | 2.7% | $86m | 615,635 | -20% |
| IncyteINCY | 2.6% | $86m | 757,723 | Held |
| Smurfit WestrockSW | 2.6% | $85m | 1,835,817 | +22% |
| Amazon.comAMZN | 2.6% | $83m | 350,136 | -8% |
| EQTEQT | 2.6% | $83m | 1,565,288 | +27% |
| AlphabetGOOGL | 2.6% | $83m | 232,766 | -9% |
| Thermo Fisher ScientificTMO | 2.6% | $83m | 165,318 | New |
| BPBP | 2.5% | $83m | 2,241,317 | +34% |
| Omnicom GroupOMC | 2.5% | $82m | 1,129,610 | +34% |
| NXP SemiconductorsNXPI | 2.5% | $81m | 286,699 | -30% |
| Regeneron PharmaceuticalsREGN | 2.4% | $79m | 126,994 | -16% |
| General MotorsGM | 2.4% | $79m | 1,024,187 | Held |
| Public Service Enterprise GroupPEG | 2.4% | $79m | 969,513 | Held |
| Mohawk IndustriesMHK | 2.4% | $77m | 634,336 | Held |
| Wells Fargo & CompanyWFC | 2.3% | $74m | 890,946 | Held |
| GE HealthCare TechnologiesGEHC | 2.2% | $72m | 1,119,193 | -6% |
| CSXCSX | 2.2% | $70m | 1,472,441 | -26% |
| National Fuel GasNFG | 2.1% | $70m | 902,778 | New |
| Zimmer Biomet HoldingsZBH | 2.1% | $68m | 794,602 | -24% |
| Genuine PartsGPC | 2.1% | $68m | 579,343 | New |
| OracleORCL | 2.1% | $67m | 454,708 | New |
| MedtronicMDT | 2.0% | $66m | 838,573 | Held |
| Kyndryl HoldingsKD | 0.9% | $28m | 2,504,350 | -40% |
| Packaging Corp of AmericaPKG | 0.4% | $15m | 61,025 | +11% |
| ChevronCVX | <0.1% | $2m | 13,475 | +37% |
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 10.7% since 30 June 2025.
Where the money is
Health care23.7%
Industrials20.3%
Financial services11.6%
Technology11.3%
Retail & consumer9.5%
Media & telecom8.0%
Utilities7.4%
Energy5.2%
Materials3.1%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.