Latest SOUND SHORE MANAGEMENT INC /CT/ Stock Portfolio

SOUND SHORE MANAGEMENT INC /CT/ Performance:

2024 Q4: 2.87%YTD: 20.11%2023: 19.01%

Performance for 2024 Q4 is 2.87%, and YTD is 20.11%, 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 Billions as of 31 Dec, 2024.

The top stock holdings of SOUND SHORE MANAGEMENT INC /CT/ are COF, WFC, TEVA. The fund has invested 4.2% of it's portfolio in CAPITAL ONE FINANCIAL CORP and 3.6% of portfolio in WELLS FARGO & COMPANY .

The fund managers got completely rid off PFIZER INC. (PFE), ORACLE CORPORATION (ORCL) and CVS HEALTH CORPORATION (CVS) stocks. They significantly reduced their stock positions in GENERAL MOTORS COMPANY (GM), VISTRA CORP. (VST) and KINDER MORGAN, INC. (KMI). SOUND SHORE MANAGEMENT INC /CT/ opened new stock positions in CITIGROUP INC. (C), SOUTHWEST AIRLINES CO. (LUV) and ZIMMER BIOMET HOLDINGS, INC. (ZBH). The fund showed a lot of confidence in some stocks as they added substantially to INCYTE CORPORATION (INCY), NXP SEMICONDUCTORS NV (NXPI) and NEWMONT CORPORATION (NEM).

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 2.87% in the last quarter. In trailing 12 months, it's portfolio return was 20.11%.

New Buys

Ticker	$ Bought
citigroup inc.	86,334,200
southwest airlines co.	85,262,000
zimmer biomet holdings, inc.	81,447,400
bristol-myers squibb company	77,695,700
baxter international inc.	72,450,400
the aes corporation	69,083,200
csx corporation	67,824,600
eog resources, inc.	62,869,300

New stocks bought by SOUND SHORE MANAGEMENT INC /CT/

Additions

Ticker	% Inc.
incyte corporation	98.41
nxp semiconductors nv	66.69
newmont corporation	59.82
check point software	42.29
avantor, inc.	32.92
berkshire hathaway, inc. c	21.13
fedex corporation	12.82
lennar corporation	12.16

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

Reductions

Ticker	% Reduced
general motors company	-49.49
vistra corp.	-38.64
kinder morgan, inc.	-35.25
public service enterprise group	-34.26
flex ltd.	-22.93
teva pharmaceutical industries	-20.15
baker hughes company	-19.36
the walt disney company	-18.39

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

Sold off

Ticker	$ Sold
pfizer inc.	-79,550,000
the kraft heinz company	-68,017,400
cvs health corporation	-71,734,300
centene corporation	-62,984,800
cardinal health, inc.	-61,163,200
merck & co. inc.	-62,165,400
oracle corporation	-72,303,400
huntington ingalls industr	-62,103,900

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

Sector Distribution

SOUND SHORE MANAGEMENT INC /CT/ has about 20.9% of it's holdings in Healthcare sector.

Sector	%
Healthcare	20.9
Financial Services	16.7
Energy	9.6
Consumer Cyclical	9.6
Others	9.3
Technology	7.8
Industrials	7.3
Utilities	6
Basic Materials	6
Communication Services	4.2
Consumer Defensive	2.7

Market Cap. Distribution

SOUND SHORE MANAGEMENT INC /CT/ has about 78.7% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	78.7
MID-CAP	12
UNALLOCATED	9.3

Stocks belong to which Index?

About 71.7% of the stocks held by SOUND SHORE MANAGEMENT INC /CT/ either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	71.7
Others	28.3

Top 5 Winners (%)		%
WFC	wells fargo & company	24.3 %
KMI	kinder morgan, inc.	23.2 %
BBWI	bath & body works, inc.	19.5 %
COF	capital one financial corp	19.1 %
GM	general motors company	18.0 %

Top 5 Winners ($)		$
WFC	wells fargo & company	24.4 M
COF	capital one financial corp	20.9 M
TEVA	teva pharmaceutical industries	18.5 M
KMI	kinder morgan, inc.	18.5 M
GM	general motors company	17.3 M

Top 5 Losers (%)		%
LEN	lennar corporation	-26.5 %
NEM	newmont corporation	-25.1 %
OGN	organon & company	-21.8 %
AVTR	avantor, inc.	-15.7 %
BAX	baxter international inc.	-13.5 %

Top 5 Losers ($)		$
OGN	organon & company	-21.5 M
LEN	lennar corporation	-19.5 M
AVTR	avantor, inc.	-18.4 M
NXPI	nxp semiconductors nv	-12.1 M
BAX	baxter international inc.	-11.3 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 32.9% of the portfolio is in top 10 stocks. OGN proved to be the most loss making stock for the portfolio. WFC was the most profitable stock for SOUND SHORE MANAGEMENT INC /CT/ last quarter.

Last Reported on: 11 Feb, 2025

	Ticker	Namesorted descending	% Portfolio	Shares Held	$ Value	Type	% Change
	COF	capital one financial corp	4.19	711,288	126,837,000	reduced	-2.88
Historical Trend of CAPITAL ONE FINANCIAL CORP Position Held By SOUND SHORE MANAGEMENT INC /CT/ What % of Portfolio is COF?: Number of COF shares held: Change in No. of Shares Held:
	WFC	wells fargo & company	3.60	1,553,100	109,090,000	reduced	-12.38

	TEVA	teva pharmaceutical industries	3.47	4,772,710	105,191,000	reduced	-20.15

	CTRA	coterra energy, inc.	3.32	3,941,840	100,675,000	reduced	-1.86

	AVTR	avantor, inc.	3.26	4,681,540	98,639,900	added	32.92

	PVH	pvh corp.	3.08	882,217	93,294,400	reduced	-10.7

	WTW	willis towers watson plc	3.07	297,120	93,069,900	reduced	-12.59

	PYPL	paypal holdings, inc.	2.98	1,058,270	90,323,100	reduced	-1.79

	NXPI	nxp semiconductors nv	2.97	433,328	90,067,200	added	66.69

	CHKP	check point software	2.95	478,888	89,408,400	added	42.29

	BBWI	bath & body works, inc.	2.86	2,234,210	86,620,500	reduced	-8.83

	DIS	the walt disney company	2.85	776,361	86,447,800	reduced	-18.39

	C	citigroup inc.	2.85	1,226,510	86,334,200	new

	LUV	southwest airlines co.	2.82	2,536,050	85,262,000	new

	INCY	incyte corporation	2.74	1,201,090	82,959,200	added	98.41

	ZBH	zimmer biomet holdings, inc.	2.69	771,063	81,447,400	new

	KR	the kroger co.	2.67	1,320,410	80,743,000	reduced	-10.99

	BMY	bristol-myers squibb company	2.56	1,373,690	77,695,700	new

	FIS	fidelity national information services	2.53	948,558	76,615,000	reduced	-15.31

	OGN	organon & company	2.45	4,968,660	74,132,400	reduced	-3.35