Latest SOUND SHORE MANAGEMENT INC /CT/ Stock Portfolio

SOUND SHORE MANAGEMENT INC /CT/ Performance:

2024 Q3: 5.24%YTD: 16.76%2023: 19.01%

Performance for 2024 Q3 is 5.24%, and YTD is 16.76%, and 2023 is 19.01%.

About SOUND SHORE MANAGEMENT INC /CT/ and 13F Hedge Fund Stock Holdings

In it's latest 13F Holdings report, SOUND SHORE MANAGEMENT INC /CT/ reported an equity portfolio of $3.1 Billions as of 30 Sep, 2024.

The top stock holdings of SOUND SHORE MANAGEMENT INC /CT/ are COF, TEVA, WFC. The fund has invested 3.6% of it's portfolio in CAPITAL ONE FINANCIAL CORP and 3.5% of portfolio in TEVA PHARMACEUTICAL INDUST.

The fund managers got completely rid off TOTALENERGIES SE ADR and CHEVRON CORPORATION (CVX) stocks. They significantly reduced their stock positions in ORACLE CORPORATION (ORCL), BERKSHIRE HATHAWAY, INC. C and HUNTINGTON INGALLS INDUSTR (HII). SOUND SHORE MANAGEMENT INC /CT/ opened new stock positions in COTERRA ENERGY, INC. (CTRA), PAYPAL HOLDINGS, INC. (PYPL) and INCYTE CORPORATION (INCY). The fund showed a lot of confidence in some stocks as they added substantially to THE WALT DISNEY COMPANY (DIS), BATH & BODY WORKS, INC. (BBWI) and WELLS FARGO & COMPANY (WFC).

SOUND SHORE MANAGEMENT INC /CT/ Annual Return Estimates Vs S&P 500

Our best estimate is that SOUND SHORE MANAGEMENT INC /CT/ made a return of 5.24% in the last quarter. In trailing 12 months, it's portfolio return was 27.9%.

New Buys

Ticker	$ Bought
coterra energy, inc.	96,192,700
paypal holdings, inc.	84,082,200
incyte corporation	40,013,500

New stocks bought by SOUND SHORE MANAGEMENT INC /CT/

Additions

Ticker	% Inc.
the walt disney company	52.63
bath & body works, inc.	17.33
wells fargo & company	12.64
perrigo company plc	11.2
general motors company	9.13
pvh corp.	8.35
organon & company	5.55
merck & co. inc.	3.11

Additions to existing portfolio by SOUND SHORE MANAGEMENT INC /CT/

Reductions

Ticker	% Reduced
oracle corporation	-37.08
berkshire hathaway, inc. c	-35.85
huntington ingalls industr	-32.01
check point software	-26.93
flex ltd.	-26.3
kinder morgan, inc.	-24.38
fidelity national informat	-23.04
ge healthcare technologies	-21.78

SOUND SHORE MANAGEMENT INC /CT/ reduced stake in above stock

Sold off

Ticker	$ Sold
totalenergies se adr	-67,102,900
chevron corporation	-13,319,900

SOUND SHORE MANAGEMENT INC /CT/ got rid off the above stocks

Sector Distribution

SOUND SHORE MANAGEMENT INC /CT/ has about 26% of it's holdings in Healthcare sector.

Sector	%
Healthcare	26
Financial Services	12.8
Consumer Cyclical	11.1
Technology	10
Others	9.2
Energy	8
Basic Materials	5.7
Utilities	5.4
Consumer Defensive	5
Industrials	3.9
Communication Services	3

Market Cap. Distribution

SOUND SHORE MANAGEMENT INC /CT/ has about 79.6% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	75.2
MID-CAP	11.3
UNALLOCATED	9.2
MEGA-CAP	4.4

Stocks belong to which Index?

About 70.1% of the stocks held by SOUND SHORE MANAGEMENT INC /CT/ either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	70.1
Others	29.9

Top 5 Winners (%)		%
VST	vistra corp.	37.0 %
NEM	newmont corporation	27.7 %
LEN	lennar corporation	24.3 %
AVTR	avantor, inc.	22.0 %
PEG	public service enterprise	19.3 %

Top 5 Winners ($)		$
VST	vistra corp.	25.6 M
AVTR	avantor, inc.	16.8 M
LEN	lennar corporation	14.5 M
PEG	public service enterprise	13.8 M
ORCL	oracle corporation	12.4 M

Top 5 Losers (%)		%
BBWI	bath & body works, inc.	-16.4 %
NXPI	nxp semiconductors nv	-10.0 %
MRK	merck & co. inc.	-8.1 %
FDX	fedex corporation	-7.6 %
OGN	organon & company	-7.5 %

Top 5 Losers ($)		$
BBWI	bath & body works, inc.	-15.4 M
NXPI	nxp semiconductors nv	-8.4 M
OGN	organon & company	-8.0 M
FDX	fedex corporation	-6.0 M
MRK	merck & co. inc.	-5.5 M

SOUND SHORE MANAGEMENT INC /CT/ Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of SOUND SHORE MANAGEMENT INC /CT/

SOUND SHORE MANAGEMENT INC /CT/ has 40 stocks in it's portfolio. About 32.3% of the portfolio is in top 10 stocks. BBWI proved to be the most loss making stock for the portfolio. VST was the most profitable stock for SOUND SHORE MANAGEMENT INC /CT/ last quarter.

Last Reported on: 12 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
AVTR	avantor, inc.	2.96	3,522,110	91,117,000	reduced	-2.28

BBWI	bath & body works, inc.	2.54	2,450,590	78,222,900	added	17.33

BKR	baker hughes company	2.30	1,957,830	70,775,400	reduced	-18.87

CAH	cardinal health, inc.	1.99	553,413	61,163,200	reduced	-17.37

CF	cf industries holdings, in	2.42	867,140	74,400,600	reduced	-2.37

CHKP	check point software	2.11	336,560	64,892,100	reduced	-26.93

CNC	centene corporation	2.05	836,674	62,984,800	reduced	-2.03

COF	capital one financial corp	3.57	732,387	109,660,000	reduced	-2.48

CTRA	coterra energy, inc.	3.13	4,016,400	96,192,700	new

CVS	cvs health corporation	2.33	1,140,810	71,734,300	reduced	-2.15

CVX	chevron corporation	0.00	0.00	0.00	sold off	-100

DIS	the walt disney company	2.98	951,291	91,504,700	added	52.63

ELV	elevance health, inc.	2.02	119,497	62,138,400	reduced	-2.11

FDX	fedex corporation	1.91	214,031	58,576,000	reduced	-18.58

FIS	fidelity national informat	3.05	1,120,010	93,800,600	reduced	-23.04

FLEX	flex ltd.	2.52	2,317,800	77,484,000	reduced	-26.3

GM	general motors company	3.12	2,141,340	96,017,600	added	9.13

HII	huntington ingalls industr	2.02	234,904	62,103,900	reduced	-32.01

HOLX	hologic, inc.	2.69	1,016,960	82,841,900	reduced	-12.79

INCY	incyte corporation	1.30	605,348	40,013,500	new