13F filing recap · Q1 2009

What did Sound Shore Management buy in Q1 2009?

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

$4.15B

Positions

Estimated turnover

40.7%

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

TWXTime Warner Inc$133.44Mreported value+6.91M shares WMTWalmart Inc.$113.78Mreported value+2.18M shares SCHWSchwab Charles Corp$84.68Mreported value+5.46M shares CTXSCitrix Systems Inc$78.86Mreported value+3.48M shares TWCTime Warner Cable Inc$41.55Mreported value+1.68M shares

Increased positions

BRK.ABerkshire Hathaway Inc$147.22Mreported value+97 shares+6.1%PFEPfizer Inc.$142.28Mreported value+316.4K shares+3.1%CSCredit Suisse Group AG$141.72Mreported value+212.3K shares+4.8%PGRProgressive Corp/oh/$139.39Mreported value+3.03M shares

Reduced positions

TXNTexas Instruments Incorporated$135.80Mreported value-1.13M shares-12.1%BSXBoston Scientific Corp$125.68Mreported value-7.29M shares-31.6%SYMCSymantec Corporation$120.71Mreported value-1.43M shares-15.0%GHCGraham Holdings Co$116.20Mreported value-1.4K shares

Exited positions

TWXTime Warner Inc$161.89Mprior reported value-16.09M shares-100.0%UNMUnum Group$82.54Mprior reported value-4.44M shares-100.0%CIThe Cigna Group$79.76Mprior reported value-4.73M shares-100.0%NEMNewmont Corporation$77.70Mprior reported value-1.91M shares