13F filing recap · Q4 2011

What did Sound Shore Management buy in Q4 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

$5.14B

Positions

Estimated turnover

37.2%

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

LIFELife Technologies Corporation$147.48Mreported value+3.79M shares CCitigroup Inc$142.31Mreported value+5.41M shares SYYSysco Corporation$109.15Mreported value+3.72M shares CTASCintas Corporation$62.47Mreported value+1.79M shares ABXBarrick Mining Corp$49.17Mreported value+1.09M shares UNHUnitedHealth Group Incorporated$21.88Mreported value+431.7K shares DTVDirectv$668.0Kreported value+15.6K shares MRKMerck & Co., Inc.$317.0Kreported value+8.4K shares APOLApollo Education Group, Inc.$269.0Kreported value+5.0K shares RIMMResearch in Motion Ltd (now Blackberry Limited)$203.0Kreported value+14.0K shares

Increased positions

SUNSunoco LP$190.81Mreported value+150.4K shares+3.3%STTState Street Corporation$159.16Mreported value+877.2K shares+28.6%LOWLowe’s Companies, Inc.$155.68Mreported value+1.55M shares+33.8%DVNDevon Energy Corp/de$154.57Mreported value+1.17M shares

Reduced positions

TWXTime Warner Inc$189.34Mreported value-208.8K shares-3.8%CVSCVS Health Corp$178.42Mreported value-49.7K shares-1.1%VVisa Inc.$171.47Mreported value-55.6K shares-3.2%ABTAbbott Laboratories$170.84Mreported value-112.5K shares

Exited positions

CCitigroup Inc$146.14Mprior reported value-5.71M shares-100.0%EBAYEbay Inc.$144.34Mprior reported value-4.89M shares-100.0%BAXBaxter International Inc$122.03Mprior reported value-2.17M shares-100.0%NEMNewmont Corporation$84.44Mprior reported value-1.34M shares