13F filing recap · Q4 2014

What did Sound Shore Management buy in Q4 2014?

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

$6.36B

Positions

Estimated turnover

32.4%

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

ORCLOracle Corporation$190.09Mreported value+4.23M shares ELVElevance Health, Inc.$169.03Mreported value+1.35M shares HOUSAnywhere Real Estate Inc.$167.59Mreported value+3.77M shares KEYSKeysight Technologies, Inc.$154.10Mreported value+4.56M shares CBSCbs Corp$148.23Mreported value+2.68M shares

Increased positions

AESAes Corp$200.75Mreported value+2.11M shares+16.9%GEGeneral Electric Company$186.22Mreported value+24.9K shares+0.3%AIGAmerican International Group, Inc.$185.48Mreported value+49.2K shares+1.5%IPInternational Paper Company$183.14Mreported value+12.3K shares

Reduced positions

TMOThermo Fisher Scientific Inc.$199.23Mreported value-46.3K shares-2.8%BACBank of America Corp$196.48Mreported value-740.2K shares-6.3%CCitigroup Inc$182.86Mreported value-494.9K shares-12.8%CITCit Group Inc$179.50Mreported value-3.6K shares

Exited positions

WLPWellpoint Inc$161.44Mprior reported value-1.35M shares-100.0%BKRBaker Hughes Co$142.02Mprior reported value-2.18M shares-100.0%AAAlcoa Corp$137.23Mprior reported value-8.53M shares-100.0%NEMNewmont Corporation$123.43Mprior reported value-5.35M shares