Harry Burn - Sound Shore Management 13F Activity & Position Changes (Q1 2018)

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, 2018. 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 2018, the filing reported:

New Buys - American International Group, I

Increases - Antero Resources Corporation, BP p.l.c., Berkshire Hathaway Inc. New, Chubb Limited, Exelon Corporation, and 5 more

Reductions - Applied Materials, Inc., Bank of America Corporation, Citigroup, Inc., Capital One Financial Corporati, Delta Air Lines, Inc., and 16 more

Complete Exits - Occidental Petroleum Corporatio

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 2018	AIG American International Group, I	American International Group, I	Buy - Position Entry	+3,611,276	-	$196.53K	3,611,276
Q1 2018	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-467,678	-15.4%	$143.06K	2,572,557
Q1 2018	AR Antero Resources Corporation	Antero Resources Corporation	Buy	+821,751	+7.6%	$230.67K	11,620,868
Q1 2018	BAC Bank of America Corporation	Bank of America Corporation	Sell	-2,159,508	-21.5%	$236.19K	7,875,705
Q1 2018	BP BP p.l.c.	BP p.l.c.	Buy	+676,392	+17.6%	$183.42K	4,524,404
Q1 2018	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+24,553	+2.5%	$199.73K	1,001,246
Q1 2018	C Citigroup, Inc.	Citigroup, Inc.	Sell	-30,817	-0.9%	$240.62K	3,564,703
Q1 2018	CB Chubb Limited	Chubb Limited	Buy	+92,557	+7.2%	$187.47K	1,370,711
Q1 2018	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-160,023	-6.7%	$213.66K	2,229,799
Q1 2018	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Sell	-65,954	-2.0%	$180.17K	3,287,146
Q1 2018	EXC Exelon Corporation	Exelon Corporation	Buy	+7,433	+0.2%	$129.12K	3,309,860
Q1 2018	FCX Freeport-McMoRan, Inc.	Freeport-McMoRan, Inc.	Buy	+1,456,118	+24.0%	$132.24K	7,526,256
Q1 2018	FLEX Flex	Flex	Sell	-1,257,356	-11.2%	$162.71K	9,963,862
Q1 2018	FLR Fluor Corporation	Fluor Corporation	Sell	-781,283	-21.3%	$165.10K	2,885,406
Q1 2018	G7S00T104 Pentair	Pentair	Sell	-281,506	-11.2%	$152.58K	2,239,543
Q1 2018	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-1,099	-0.8%	$150.65K	145,252
Q1 2018	GT The Goodyear Tire & Rubber Comp	The Goodyear Tire & Rubber Comp	Sell	-38,710	-0.8%	$133.88K	5,036,704
Q1 2018	INTC Intel Corporation	Intel Corporation	Sell	-769,454	-20.8%	$152.70K	2,931,959
Q1 2018	IP International Paper Company	International Paper Company	Sell	-212,384	-5.3%	$202.38K	3,787,850
Q1 2018	KEYS Keysight Technologies Inc.	Keysight Technologies Inc.	Sell	-722,062	-18.5%	$166.59K	3,179,764
Q1 2018	MET MetLife, Inc.	MetLife, Inc.	Buy	+220,625	+6.2%	$172.96K	3,769,099
Q1 2018	MMC Marsh & McLennan Companies, Inc	Marsh & McLennan Companies, Inc	Buy	+114,381	+7.4%	$137.46K	1,664,378
Q1 2018	MRK Merck & Company, Inc.	Merck & Company, Inc.	Buy	+1,062,811	+29.2%	$256.01K	4,700,059
Q1 2018	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-102,115	-5.1%	$172.99K	1,895,390
Q1 2018	MU Micron Technology, Inc.	Micron Technology, Inc.	Sell	-543,298	-17.6%	$132.22K	2,535,950
Q1 2018	ORCL Oracle Corporation	Oracle Corporation	Sell	-46,155	-1.2%	$175.48K	3,835,574
Q1 2018	OXY Occidental Petroleum Corporatio	Occidental Petroleum Corporatio	Sell - Position Exit	-2,961,443	-100.0%	$0.00	-
Q1 2018	PFE Pfizer, Inc.	Pfizer, Inc.	Sell	-95,907	-1.6%	$203.97K	5,747,106
Q1 2018	SABR Sabre Corporation	Sabre Corporation	Buy	+2,592,886	+45.4%	$178.19K	8,307,383
Q1 2018	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Sell	-231,407	-23.7%	$153.93K	745,552

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