13F filing recap · Q3 2015

What did Sound Shore Management buy in Q3 2015?

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

$5.31B

Positions

Estimated turnover

20.0%

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

MSFTMicrosoft Corporation$145.60Mreported value+3.29M shares ADIAnalog Devices, Inc.$119.46Mreported value+2.12M shares

Increased positions

CITCit Group Inc$184.32Mreported value+294.2K shares+6.8%TXNTexas Instruments Incorporated$174.33Mreported value+233.3K shares+7.1%COFCapital One Financial Corp$169.38Mreported value+43.1K shares+1.9%AONAon Plc$169.30Mreported value+108.4K shares

Reduced positions

TMOThermo Fisher Scientific Inc.$183.26Mreported value-46.3K shares-3.0%BACBank of America Corp$175.07Mreported value-571.2K shares-4.8%ORCLOracle Corporation$173.33Mreported value-135.2K shares-2.7%AIGAmerican International Group, Inc.$173.08Mreported value-91.2K shares

Exited positions

ELVElevance Health, Inc.$162.14Mprior reported value-987.8K shares-100.0%AESAes Corp$160.66Mprior reported value-12.12M shares-100.0%QCOMQualcomm Inc/de$142.50Mprior reported value-2.28M shares-100.0%RSReliance, Inc.$121.19Mprior reported value-2.00M shares