Harry Burn - Sound Shore Management 13F Activity & Position Changes (Q1 2025)

According to the SEC 13F filed on May 06, 2025, the Sound Shore Management portfolio showed several notable changes in holdings as of quarter-end Mar 31, 2025. 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 2025, the filing reported:

New Buys - Mohawk Industries, Inc.

Increases - The AES Corporation, Baxter International Inc., Bristol-Myers Squibb Company, Citigroup, Inc., CF Industries Holdings, Inc., and 19 more

Reductions - Avantor, Inc., Berkshire Hathaway Inc. New, Check Point, Capital One Financial Corporati, Coterra Energy Inc., and 7 more

Complete Exits - Bath & Body Works, Inc., Baker Hughes Company, FedEx Corporation, Vistra Corp.

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 2025	AES The AES Corporation	The AES Corporation	Buy	+730,178	+13.6%	$75.74M	6,097,946
Q1 2025	AVTR Avantor, Inc.	Avantor, Inc.	Sell	-509,183	-10.9%	$67.63M	4,172,352
Q1 2025	BAX Baxter International Inc.	Baxter International Inc.	Buy	+341,321	+13.7%	$96.73M	2,825,902
Q1 2025	BBWI Bath & Body Works, Inc.	Bath & Body Works, Inc.	Sell - Position Exit	-2,234,214	-100.0%	$0.00	-
Q1 2025	BKR Baker Hughes Company	Baker Hughes Company	Sell - Position Exit	-1,578,824	-100.0%	$0.00	-
Q1 2025	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Buy	+51,479	+3.7%	$86.92M	1,425,166
Q1 2025	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-16,690	-10.5%	$75.69M	142,122
Q1 2025	C Citigroup, Inc.	Citigroup, Inc.	Buy	+131,386	+10.7%	$96.40M	1,357,898
Q1 2025	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Buy	+163,698	+19.4%	$78.80M	1,008,292
Q1 2025	CHKP Check Point	Check Point	Sell	-208,002	-43.4%	$61.74M	270,886
Q1 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-111,148	-15.6%	$107.61M	600,140
Q1 2025	CSX CSX Corporation	CSX Corporation	Buy	+1,008,725	+48.0%	$91.54M	3,110,510
Q1 2025	CTRA Coterra Energy Inc.	Coterra Energy Inc.	Sell	-18,209	-0.5%	$113.39M	3,923,633
Q1 2025	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+155,603	+20.0%	$91.98M	931,964
Q1 2025	EOG EOG Resources, Inc.	EOG Resources, Inc.	Buy	+211,473	+41.2%	$92.89M	724,357
Q1 2025	FDX FedEx Corporation	FedEx Corporation	Sell - Position Exit	-241,475	-100.0%	$0.00	-
Q1 2025	FIS Fidelity National Information S	Fidelity National Information S	Buy	+351,684	+37.1%	$97.10M	1,300,242
Q1 2025	FLEX Flex	Flex	Sell	-55,377	-3.1%	$57.26M	1,730,945
Q1 2025	G97822103 Perrigo	Perrigo	Buy	+616,387	+23.1%	$92.12M	3,285,167
Q1 2025	GEHC GE HealthCare Technologies Inc.	GE HealthCare Technologies Inc.	Buy	+5,856	+0.8%	$63.05M	781,197
Q1 2025	GM General Motors Company	General Motors Company	Sell	-105,882	-9.8%	$45.89M	975,713
Q1 2025	GOLD Barrick Gold Corporation	Barrick Gold Corporation	Buy	+20,098	+0.5%	$74.90M	3,852,852
Q1 2025	HOLX Hologic, Inc.	Hologic, Inc.	Buy	+413,403	+42.6%	$85.47M	1,383,628
Q1 2025	INCY Incyte Corporation	Incyte Corporation	Buy	+293,749	+24.5%	$90.51M	1,494,838
Q1 2025	KMI Kinder Morgan, Inc.	Kinder Morgan, Inc.	Buy	+63,684	+2.7%	$68.40M	2,397,307
Q1 2025	KR Kroger Company (The)	Kroger Company (The)	Sell	-123,291	-9.3%	$81.03M	1,197,118
Q1 2025	LEN Lennar Corporation	Lennar Corporation	Buy	+70,463	+17.8%	$53.57M	466,752
Q1 2025	LUV Southwest Airlines Company	Southwest Airlines Company	Buy	+321,258	+12.7%	$95.95M	2,857,308
Q1 2025	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Buy - Position Entry	+535,637	-	$61.16M	535,637
Q1 2025	MTCH Match Group, Inc.	Match Group, Inc.	Buy	+792,408	+64.9%	$62.84M	2,014,123

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