13F filing recap · Q1 2003

What did Sound Shore Management buy in Q1 2003?

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

$2.40B

Positions

Estimated turnover

41.8%

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

MCDMcdonald’s Corporation$65.82Mreported value+4.55M shares AOLAol Time Warner Inc.$61.50Mreported value+5.66M shares LHLabcorp Holdings Inc.$60.27Mreported value+2.03M shares KGKing Pharmaceuticals Inc$36.91Mreported value+3.09M shares DGXQuest Diagnostics Inc$29.50Mreported value+494.2K shares BECBeckman Coulter, Inc$28.58Mreported value+839.9K shares ENHEndurance Specialty Holdings Ltd$16.45Mreported value+680.2K shares WFRDWeatherford International Plc$6.06Mreported value+160.4K shares MOAltria Group, Inc.$602.0Kreported value+20.1K shares

Increased positions

BRK.ABerkshire Hathaway Inc$120.71Mreported value+76 shares+4.2%IPGThe Interpublic Group of Companies, Inc.$76.18Mreported value+2.27M shares+38.4%TXUTxu Corp$75.95Mreported value+1.04M shares+32.2%TRITriad Hospitals Inc$74.21Mreported value+644.2K shares

Reduced positions

AETAetna Inc.$87.92Mreported value-411.9K shares-18.8%AONAon Plc$82.36Mreported value-72.9K shares-1.8%OCROmnicare Inc$77.56Mreported value-202.2K shares-6.6%MROMarathon Oil Corp$76.87Mreported value-668.0K shares

Exited positions

USBUS Bancorp$62.47Mprior reported value-2.94M shares-100.0%ETNEaton Corporation Plc$54.45Mprior reported value-697.1K shares-100.0%NCCNational City Corp$41.35Mprior reported value-1.51M shares-100.0%CVGConvergys Corp$37.30Mprior reported value-2.46M shares