Harry Burn - Sound Shore Management 13F Activity & Position Changes (Q1 2014)

According to the SEC 13F filed on Aug 12, 2026, the Sound Shore Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2014. The activity included new positions, additions to existing holdings, reductions, and complete exits, providing a clear view of how the portfolio evolved during the quarter.

During Q1 2014, the filing reported:

New Buys - Procter & Gamble Company (The), Vodafone Group Plc

Increases - The AES Corporation, BP p.l.c., Citigroup, Inc., Comcast Corporation, Hess Corporation, and 3 more

Reductions - Agilent Technologies, Inc., American International Group, I, Applied Materials, Inc., Bank of America Corporation, Cardinal Health, Inc., and 24 more

Complete Exits - Loews Corporation, Republic Services, Inc.

These updates highlight how the portfolio adjusted across different sectors and market conditions, offering insights into allocation shifts and investment trends.

Date	Symbol	Name	Type	Change Qty	% Change	Value	Remaining
Q1 2014	A Agilent Technologies, Inc.	Agilent Technologies, Inc.	Sell	-473,441	-18.1%	$120.13K	2,148,230
Q1 2014	AES The AES Corporation	The AES Corporation	Buy	+298,414	+2.9%	$152.44K	10,674,961
Q1 2014	AIG American International Group, I	American International Group, I	Sell	-68,863	-2.3%	$147.92K	2,957,721
Q1 2014	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-521,967	-7.3%	$136.24K	6,673,589
Q1 2014	BAC Bank of America Corporation	Bank of America Corporation	Sell	-770,977	-7.4%	$164.96K	9,590,716
Q1 2014	BP BP p.l.c.	BP p.l.c.	Buy	+108,050	+3.5%	$155.23K	3,227,189
Q1 2014	C Citigroup, Inc.	Citigroup, Inc.	Buy	+269,312	+9.8%	$143.40K	3,012,630
Q1 2014	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Sell	-327,785	-16.5%	$116.46K	1,664,219
Q1 2014	CMCSA Comcast Corporation	Comcast Corporation	Buy	+373,111	+14.9%	$143.74K	2,872,430
Q1 2014	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-133,938	-6.6%	$147.11K	1,906,611
Q1 2014	CVS CVS Health Corporation	CVS Health Corporation	Sell	-144,255	-6.7%	$150.68K	2,012,842
Q1 2014	FLEX Flex	Flex	Sell	-1,647,970	-11.4%	$118.26K	12,798,559
Q1 2014	GS Goldman Sachs Group, Inc. (The)	Goldman Sachs Group, Inc. (The)	Sell	-400	-19.0%	$279.00	1,700
Q1 2014	HES Hess Corporation	Hess Corporation	Buy	+94,166	+5.4%	$152.00K	1,833,954
Q1 2014	IVZ Invesco	Invesco	Sell	-249,299	-6.5%	$132.82K	3,589,870
Q1 2014	JBL Jabil Inc.	Jabil Inc.	Sell	-3,335	-21.5%	$219.00	12,165
Q1 2014	JBLU JetBlue Airways Corporation	JetBlue Airways Corporation	Sell	-8,334	-15.2%	$406.00	46,666
Q1 2014	KSS Kohl's Corporation	Kohl's Corporation	Sell	-133,757	-6.2%	$114.82K	2,021,460
Q1 2014	L Loews Corporation	Loews Corporation	Sell - Position Exit	-5,200	-100.0%	$0.00	-
Q1 2014	LOW Lowe's Companies, Inc.	Lowe's Companies, Inc.	Buy	+173,955	+6.8%	$133.25K	2,724,967
Q1 2014	LUV Southwest Airlines Company	Southwest Airlines Company	Sell	-1,576,027	-24.2%	$116.28K	4,924,850
Q1 2014	MMC Marsh & McLennan Companies, Inc	Marsh & McLennan Companies, Inc	Sell	-194,592	-6.9%	$129.34K	2,623,640
Q1 2014	MO Altria Group, Inc.	Altria Group, Inc.	Sell	-1,615	-19.8%	$245.00	6,535
Q1 2014	MRK Merck & Company, Inc.	Merck & Company, Inc.	Sell	-400	-4.5%	$477.00	8,400
Q1 2014	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-225,140	-6.0%	$144.99K	3,537,256
Q1 2014	NVS Novartis AG	Novartis AG	Sell	-118,836	-7.2%	$129.45K	1,522,548
Q1 2014	PG Procter & Gamble Company (The)	Procter & Gamble Company (The)	Buy - Position Entry	+1,860,153	-	$149.93K	1,860,153
Q1 2014	PM Philip Morris International Inc	Philip Morris International Inc	Sell	-1,284	-18.0%	$480.00	5,866
Q1 2014	PNC PNC Financial Services Group, I	PNC Financial Services Group, I	Sell	-666	-15.5%	$316.00	3,634
Q1 2014	QCOM QUALCOMM Incorporated	QUALCOMM Incorporated	Sell	-164,824	-6.8%	$178.54K	2,264,040

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