13F filing recap · Q3 2018

What did Sound Shore Management buy in Q3 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

$5.85B

Positions

Estimated turnover

23.3%

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

AGNAllergan Plc$140.03Mreported value+735.1K shares SLBSlb Limited/nv$61.84Mreported value+1.02M shares VISNCommscope Holding Company, Inc.$54.84Mreported value+1.78M shares

Increased positions

AIGAmerican International Group, Inc.$225.17Mreported value+743.6K shares+21.3%SABRSabre Corporation$210.23Mreported value+32.6K shares+0.4%TTETotalenergies SE$189.01Mreported value+24.8K shares+0.9%WMTWalmart Inc.$187.01Mreported value+68.4K shares

Reduced positions

MRKMerck & Co., Inc.$260.56Mreported value-873.9K shares-19.2%CCitigroup Inc$251.20Mreported value-165.2K shares-4.5%PFEPfizer Inc.$235.42Mreported value-204.7K shares-3.7%FDCFirst Data Corp New$221.73Mreported value-2.60M shares

Exited positions

FCXFreeport-Mcmoran Inc.$146.79Mprior reported value-8.50M shares-100.0%ORCLOracle Corporation$127.34Mprior reported value-2.89M shares-100.0%