13F filing recap · Q4 2004

What did Sound Shore Management buy in Q4 2004?

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

$4.36B

Positions

Estimated turnover

32.8%

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

AAgilent Technologies, Inc.$112.47Mreported value+4.67M shares RDS.BShell Plc$104.15Mreported value+1.82M shares CSXCsx Corporation$77.21Mreported value+1.93M shares UNMUnum Group$59.27Mreported value+3.30M shares IBMInternational Business Machines Corp$202.0Kreported value+2.0K shares

Increased positions

FMCCFederal Home Loan Mortgage Corp$206.69Mreported value+216.4K shares+8.4%FWONALiberty Media Corporation$180.96Mreported value+1.36M shares+9.0%BRK.ABerkshire Hathaway Inc$178.79Mreported value+17 shares+0.8%TWXTime Warner Inc$159.96Mreported value+1.44M shares

Reduced positions

AETAetna Inc.$150.84Mreported value-71.3K shares-5.6%HALHalliburton Company$109.61Mreported value-1.02M shares-26.7%DANDana Incorporated$65.78Mreported value-249.3K shares-6.2%LLLL-3 Communications Holdings, Inc.$36.83Mreported value-743.0K shares

Exited positions

CFCCountrywide Financial Corp$137.43Mprior reported value-3.49M shares-100.0%MROMarathon Oil Corp$115.77Mprior reported value-2.80M shares-100.0%SWYSafeway Inc$71.59Mprior reported value-3.71M shares-100.0%