13F filing recap · Q1 2018

What did Sound Shore Management buy in Q1 2018?

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

$6.18B

Positions

Estimated turnover

19.7%

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

AIGAmerican International Group, Inc.$196.53Mreported value+3.61M shares

Increased positions

MRKMerck & Co., Inc.$256.01Mreported value+1.06M shares+29.2%ARAntero Resources Corporation$230.67Mreported value+821.8K shares+7.6%BRK.BBerkshire Hathaway Inc$199.73Mreported value+24.6K shares+2.5%CBChubb Limited$187.47Mreported value+92.6K shares

Reduced positions

CCitigroup Inc$240.62Mreported value-30.8K shares-0.9%BACBank of America Corp$236.19Mreported value-2.16M shares-21.5%COFCapital One Financial Corp$213.66Mreported value-160.0K shares-6.7%PFEPfizer Inc.$203.97Mreported value-95.9K shares

Exited positions

OXYOccidental Petroleum Corporation$218.14Mprior reported value-2.96M shares-100.0%MFGPMicro Focus International Plc$132.59Mprior reported value-3.95M shares-100.0%