13F filing recap · Q1 2011

What did Sound Shore Management buy in Q1 2011?

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

$6.61B

Positions

Estimated turnover

27.2%

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

METMetlife, Inc.$173.75Mreported value+3.88M shares ALLAllstate Corp$153.87Mreported value+4.84M shares DODiamond Offshore Drilling, Inc.$132.04Mreported value+1.70M shares DALDelta Air Lines, Inc.$100.31Mreported value+10.24M shares

Increased positions

MSFTMicrosoft Corporation$218.62Mreported value+694.3K shares+8.8%EXCExelon Corporation$209.21Mreported value+360.4K shares+7.6%SYMCSymantec Corporation$196.48Mreported value+1.42M shares+15.4%ABTAbbott Laboratories$186.50Mreported value+76.5K shares

Reduced positions

CCitigroup Inc$206.25Mreported value-1.45M shares-3.0%PFEPfizer Inc.$201.62Mreported value-2.20M shares-18.2%TWXTime Warner Inc$183.13Mreported value-189.9K shares-3.6%BACBank of America Corp$172.47Mreported value-2.11M shares

Exited positions

MSMorgan Stanley$168.53Mprior reported value-6.19M shares-100.0%BKRBaker Hughes Co$135.23Mprior reported value-2.37M shares-100.0%