13F filing recap · Q3 2003

What did Sound Shore Management buy in Q3 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

$3.01B

Positions

Estimated turnover

35.2%

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

WFCWells Fargo & Company/mn$79.63Mreported value+1.55M shares NOKNokia Corp$73.99Mreported value+4.74M shares HMCHonda Motor Co., Ltd.$49.26Mreported value+2.44M shares NFBNorth Fork Bancorporation$7.30Mreported value+210.2K shares NHLNewhall Land & Farming Co$435.0Kreported value+11.0K shares

Increased positions

CBChubb Limited$96.74Mreported value+69.1K shares+4.9%TGPGeorgia-Pacific Timber Group (the Timber Company)$91.39Mreported value+2.37M shares+168.7%BAXBaxter International Inc$83.66Mreported value+826.5K shares+40.3%COPConocophillips$77.10Mreported value+488.5K shares

Reduced positions

BRK.ABerkshire Hathaway Inc$135.53Mreported value-191 shares-9.6%WPIWatson Pharmaceuticals Inc$106.21Mreported value-690.3K shares-21.3%IPGThe Interpublic Group of Companies, Inc.$96.33Mreported value-1.35M shares-16.5%FMCCFederal Home Loan Mortgage Corp$92.24Mreported value

Exited positions

SGPSchering-Plough Corporation$59.28Mprior reported value-3.19M shares-100.0%DUKDuke Energy Corp$51.31Mprior reported value-2.57M shares-100.0%IMSIms Health Holdings, Inc.$43.86Mprior reported value-2.44M shares-100.0%ENHEndurance Specialty Holdings Ltd$20.30Mprior reported value