13F filing recap · Q4 2020

What did Sound Shore Management buy in Q4 2020?

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

$3.36B

Positions

Estimated turnover

27.6%

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

CAGConagra Brands, Inc.$74.32Mreported value+2.05M shares ELVElevance Health, Inc.$71.10Mreported value+221.4K shares

Increased positions

BACBank of America Corp$144.61Mreported value+186.9K shares+4.1%YAlleghany Corporation$113.40Mreported value+6.0K shares+3.3%FLEXFlex Ltd.$112.25Mreported value+127.9K shares+2.1%MRKMerck & Co., Inc.$110.33Mreported value+299.8K shares

Reduced positions

COFCapital One Financial Corp$134.13Mreported value-138.3K shares-9.3%MSMorgan Stanley$130.30Mreported value-334.5K shares-15.0%ORCLOracle Corporation$126.00Mreported value-370.9K shares-16.0%CCitigroup Inc$124.23Mreported value-205.1K shares

Exited positions

TMOThermo Fisher Scientific Inc.$70.67Mprior reported value-160.1K shares-100.0%LRCXLam Research Corporation$59.77Mprior reported value-180.2K shares-100.0%VZVerizon Communications Inc$964.0Kprior reported value-16.2K shares-100.0%ADIAnalog Devices, Inc.$537.0Kprior reported value