13F filing recap · Q2 2017

What did Sound Shore Management buy in Q2 2017?

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

$6.10B

Positions

Estimated turnover

18.3%

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

DALDelta Air Lines, Inc.$158.22Mreported value+2.94M shares GTGoodyear Tire & Rubber Co /oh/$101.40Mreported value+2.90M shares

Increased positions

COFCapital One Financial Corp$227.84Mreported value+448.2K shares+19.4%BACBank of America Corp$219.02Mreported value+970.9K shares+12.0%ARAntero Resources Corporation$203.27Mreported value+1.70M shares+22.0%OXYOccidental Petroleum Corporation$202.97Mreported value+174.1K shares

Reduced positions

CCitigroup Inc$230.52Mreported value-13.0K shares-0.4%FDCFirst Data Corp New$227.74Mreported value-47.8K shares-0.4%MRKMerck & Co., Inc.$201.24Mreported value-107.8K shares-3.3%MSFTMicrosoft Corporation$190.85Mreported value-183.7K shares

Exited positions

GOOGAlphabet Inc.$373.0Kprior reported value-450 shares-100.0%