Harry Burn - Sound Shore Management 13F Activity & Position Changes (Q2 2025)

According to the SEC 13F filed on Aug 06, 2025, the Sound Shore Management portfolio showed several notable changes in holdings as of quarter-end Jun 30, 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 Q2 2025, the filing reported:

New Buys - Albertsons Companies, Inc., Applied Materials, Inc., Barrick Gold, Bank of America Corporation, EQT Corporation, and 4 more

Increases - The AES Corporation, Citigroup, Inc., Coterra Energy Inc., Flex, Perrigo, and 9 more

Reductions - Baxter International Inc., Berkshire Hathaway Inc. New, Capital One Financial Corporati, CSX Corporation, Walt Disney Company (The), and 8 more

Complete Exits - Avantor, Inc., Bristol-Myers Squibb Company, CF Industries Holdings, Inc., Check Point, EOG Resources, Inc., and 5 more

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
Q2 2025	ACI Albertsons Companies, Inc.	Albertsons Companies, Inc.	Buy - Position Entry	+3,046,497	-	$65.53M	3,046,497
Q2 2025	AES The AES Corporation	The AES Corporation	Buy	+1,969,741	+32.3%	$84.87M	8,067,687
Q2 2025	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Buy - Position Entry	+364,517	-	$66.73M	364,517
Q2 2025	AVTR Avantor, Inc.	Avantor, Inc.	Sell - Position Exit	-4,172,352	-100.0%	$0.00	-
Q2 2025	B Barrick Gold	Barrick Gold	Buy - Position Entry	+3,080,752	-	$64.14M	3,080,752
Q2 2025	BAC Bank of America Corporation	Bank of America Corporation	Buy - Position Entry	+2,100,071	-	$99.38M	2,100,071
Q2 2025	BAX Baxter International Inc.	Baxter International Inc.	Sell	-4,388	-0.2%	$85.44M	2,821,514
Q2 2025	BMY Bristol-Myers Squibb Company	Bristol-Myers Squibb Company	Sell - Position Exit	-1,425,166	-100.0%	$0.00	-
Q2 2025	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-24,774	-17.4%	$57.00M	117,348
Q2 2025	C Citigroup, Inc.	Citigroup, Inc.	Buy	+47,118	+3.5%	$119.59M	1,405,016
Q2 2025	CF CF Industries Holdings, Inc.	CF Industries Holdings, Inc.	Sell - Position Exit	-1,008,292	-100.0%	$0.00	-
Q2 2025	CHKP Check Point	Check Point	Sell - Position Exit	-270,886	-100.0%	$0.00	-
Q2 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-67,195	-11.2%	$113.39M	532,945
Q2 2025	CSX CSX Corporation	CSX Corporation	Sell	-3,517	-0.1%	$101.38M	3,106,993
Q2 2025	CTRA Coterra Energy Inc.	Coterra Energy Inc.	Buy	+464,732	+11.8%	$111.38M	4,388,365
Q2 2025	DIS Walt Disney Company (The)	Walt Disney Company (The)	Sell	-272,058	-29.2%	$81.83M	659,906
Q2 2025	EOG EOG Resources, Inc.	EOG Resources, Inc.	Sell - Position Exit	-724,357	-100.0%	$0.00	-
Q2 2025	EQT EQT Corporation	EQT Corporation	Buy - Position Entry	+1,158,073	-	$67.54M	1,158,073
Q2 2025	FIS Fidelity National Information S	Fidelity National Information S	Sell	-208,967	-16.1%	$88.84M	1,091,275
Q2 2025	FLEX Flex	Flex	Buy	+39,579	+2.3%	$88.38M	1,770,524
Q2 2025	G97822103 Perrigo	Perrigo	Buy	+2,504	+0.1%	$87.85M	3,287,671
Q2 2025	GEHC GE HealthCare Technologies Inc.	GE HealthCare Technologies Inc.	Buy	+74,497	+9.5%	$63.38M	855,694
Q2 2025	GM General Motors Company	General Motors Company	Buy	+563,086	+57.7%	$75.72M	1,538,799
Q2 2025	GOLD Barrick Gold Corporation	Barrick Gold Corporation	Sell - Position Exit	-3,852,852	-100.0%	$0.00	-
Q2 2025	GOOGL Alphabet Inc.	Alphabet Inc.	Buy - Position Entry	+434,674	-	$76.60M	434,674
Q2 2025	HII Huntington Ingalls Industries,	Huntington Ingalls Industries,	Buy - Position Entry	+331,511	-	$80.05M	331,511
Q2 2025	HOLX Hologic, Inc.	Hologic, Inc.	Sell	-938	-0.1%	$90.10M	1,382,690
Q2 2025	INCY Incyte Corporation	Incyte Corporation	Sell	-354,781	-23.7%	$77.64M	1,140,057
Q2 2025	IP International Paper Company	International Paper Company	Buy - Position Entry	+1,477,858	-	$69.21M	1,477,858
Q2 2025	KMI Kinder Morgan, Inc.	Kinder Morgan, Inc.	Buy	+243,675	+10.2%	$77.64M	2,640,982

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