13F filing recap · Q4 2016

What did Sound Shore Management buy in Q4 2016?

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

$5.81B

Positions

Estimated turnover

32.3%

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

OXYOccidental Petroleum Corporation$186.94Mreported value+2.62M shares PRGOPerrigo Company Plc$167.65Mreported value+2.01M shares AGNAllergan Plc$147.93Mreported value+704.4K shares WMTWalmart Inc.$146.66Mreported value+2.12M shares

Increased positions

ORCLOracle Corporation$185.12Mreported value+484.8K shares+11.2%FDCFirst Data Corp New$180.42Mreported value+1.03M shares+8.8%HPEHewlett Packard Enterprise Company$179.55Mreported value+662.5K shares+9.3%CMCSAComcast Corporation$165.04Mreported value+113.2K shares

Reduced positions

BACBank of America Corp$211.88Mreported value-2.49M shares-20.6%CCitigroup Inc$210.06Mreported value-483.2K shares-12.0%MRKMerck & Co., Inc.$195.15Mreported value-72.1K shares-2.1%COFCapital One Financial Corp$192.28Mreported value-440.6K shares

Exited positions

CITCit Group Inc$168.12Mprior reported value-4.63M shares-100.0%PGProcter & Gamble Co$151.63Mprior reported value-1.69M shares-100.0%TXNTexas Instruments Incorporated$119.04Mprior reported value-1.70M shares-100.0%AERAercap Holdings N.v.$108.72Mprior reported value-2.82M shares