13F filing recap · Q2 1999

What did Sound Shore Management buy in Q2 1999?

Reported stock-position changes between this filing and the previous one. US-listed stocks across every Sound Shore account, including accounts that belong to no fund below.

Stock value

$4.08B

Positions

Estimated turnover

22.8%

Turnover is a proxy: verified trade-origin share changes valued at period-end and divided by average reported stock value. SEC holdings reports do not disclose execution dates or prices. Corporate actions and unreconciled activity are excluded.

New positions

ECEngelhard Corp$67.31Mreported value+2.97M shares LUMNLumen Technologies, Inc.$61.52Mreported value+1.55M shares AZXAzurix Corporation$4.00Mreported value+200.0K shares ETNEaton Corporation Plc$1.10Mreported value+12.0K shares CBBCincinnati Bell Inc$973.0Kreported value+39.0K shares

Increased positions

FNMAFederal National Mortgage Association$168.78Mreported value+16.5K shares+0.7%IBMInternational Business Machines Corp$157.54Mreported value+609.4K shares+100.0%BMCBmc Software Inc$139.49Mreported value+30.5K shares+1.2%ALLAllstate Corp$127.45Mreported value+74.0K shares

Reduced positions

MECMidamerican Energy Holdings Company$162.31Mreported value-127.7K shares-2.7%MNKMallinckrodt Inc$153.95Mreported value-17.5K shares-0.4%ONEBank One Corporation$150.16Mreported value-28.3K shares-1.1%TXNTexas Instruments Incorporated$145.28Mreported value-379.6K shares

Exited positions

FTUFirst Union Corp.$134.63Mprior reported value-2.52M shares-100.0%LUVSouthwest Airlines Co.$132.53Mprior reported value-4.38M shares-100.0%CTLCentury Telephone Enterprise$81.16Mprior reported value-1.16M shares-100.0%