13F filing recap · Q4 2010

What did Sound Shore Management buy in Q4 2010?

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

$6.45B

Positions

Estimated turnover

30.5%

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

CVSCVS Health Corp$176.38Mreported value+5.07M shares TWXTime Warner Inc$171.13Mreported value+5.32M shares LYBLyondellbasell Industries N.v.$159.22Mreported value+4.63M shares GMGeneral Motors Company$141.62Mreported value+3.84M shares JBLJabil Inc$402.0Kreported value+20.0K shares PNCThe Pnc Financial Services Group, Inc.$261.0Kreported value+4.3K shares MOAltria Group, Inc.$201.0Kreported value+8.2K shares

Increased positions

WMTWalmart Inc.$212.21Mreported value+425.5K shares+12.1%BACBank of America Corp$200.70Mreported value+656.0K shares+4.6%EXCExelon Corporation$196.24Mreported value+83.7K shares+1.8%CSCredit Suisse Group AG$183.16Mreported value+1.47M shares

Reduced positions

CCitigroup Inc$227.59Mreported value-2.26M shares-4.5%MSFTMicrosoft Corporation$220.94Mreported value-437.2K shares-5.2%PFEPfizer Inc.$212.39Mreported value-359.9K shares-2.9%FLEXFlex Ltd.$194.92Mreported value-2.65M shares

Exited positions

COPConocophillips$157.21Mprior reported value-2.74M shares-100.0%GENZGenzyme Corp.$120.09Mprior reported value-1.70M shares-100.0%ABAlliancebernstein Holding L.p.$317.0Kprior reported value-12.0K shares-100.0%