Harry Burn - Sound Shore Management 13F Activity & Position Changes (Q3 2017)

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 Sep 30, 2017. 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 Q3 2017, the filing reported:

New Buys - Chubb Limited

Increases - Antero Resources Corporation, Bank of America Corporation, Citigroup, Inc., Delta Air Lines, Inc., Flex, and 5 more

Reductions - Analog Devices, Inc., Applied Materials, Inc., BP p.l.c., Berkshire Hathaway Inc. New, Comcast Corporation, and 14 more

Complete Exits - Walgreens Boots Alliance, 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
Q3 2017	ADI Analog Devices, Inc.	Analog Devices, Inc.	Sell	-389,110	-16.3%	$171.58K	1,991,215
Q3 2017	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-278,526	-8.2%	$161.76K	3,105,309
Q3 2017	AR Antero Resources Corporation	Antero Resources Corporation	Buy	+526,500	+5.6%	$197.66K	9,932,900
Q3 2017	BAC Bank of America Corporation	Bank of America Corporation	Buy	+1,092,839	+12.1%	$256.47K	10,121,051
Q3 2017	BP BP p.l.c.	BP p.l.c.	Sell	-73,491	-1.8%	$152.98K	3,980,820
Q3 2017	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-46,506	-4.5%	$182.84K	997,356
Q3 2017	C Citigroup, Inc.	Citigroup, Inc.	Buy	+176,310	+5.1%	$263.54K	3,623,014
Q3 2017	CB Chubb Limited	Chubb Limited	Buy - Position Entry	+971,453	-	$138.48K	971,453
Q3 2017	CMCSA Comcast Corporation	Comcast Corporation	Sell	-643,173	-16.4%	$125.92K	3,272,421
Q3 2017	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-396,868	-14.4%	$199.87K	2,360,838
Q3 2017	DAL Delta Air Lines, Inc.	Delta Air Lines, Inc.	Buy	+24,687	+0.8%	$143.16K	2,968,928
Q3 2017	EXC Exelon Corporation	Exelon Corporation	Sell	-6,036	-0.2%	$142.65K	3,786,713
Q3 2017	FLEX Flex	Flex	Buy	+742,921	+7.2%	$183.46K	11,071,853
Q3 2017	G7S00T104 Pentair	Pentair	Sell	-39,331	-1.7%	$153.90K	2,264,529
Q3 2017	GOOGL Alphabet Inc.	Alphabet Inc.	Sell	-2,690	-1.8%	$140.77K	144,568
Q3 2017	GT The Goodyear Tire & Rubber Comp	The Goodyear Tire & Rubber Comp	Buy	+1,123,573	+38.7%	$133.80K	4,023,929
Q3 2017	HPE Hewlett Packard Enterprise Comp	Hewlett Packard Enterprise Comp	Sell	-103,216	-1.1%	$140.17K	9,528,965
Q3 2017	IP International Paper Company	International Paper Company	Buy	+263,372	+7.8%	$205.94K	3,624,456
Q3 2017	IVZ Invesco	Invesco	Sell	-1,755,500	-39.8%	$93.03K	2,655,103
Q3 2017	KEYS Keysight Technologies Inc.	Keysight Technologies Inc.	Sell	-79,264	-1.8%	$181.13K	4,347,717
Q3 2017	MMC Marsh & McLennan Companies, Inc	Marsh & McLennan Companies, Inc	Sell	-174,656	-10.2%	$128.94K	1,538,492
Q3 2017	MRK Merck & Company, Inc.	Merck & Company, Inc.	Buy	+211,247	+6.7%	$214.57K	3,351,152
Q3 2017	MSFT Microsoft Corporation	Microsoft Corporation	Sell	-540,358	-19.5%	$166.00K	2,228,440
Q3 2017	ORCL Oracle Corporation	Oracle Corporation	Buy	+282,421	+8.0%	$184.82K	3,822,453
Q3 2017	OXY Occidental Petroleum Corporatio	Occidental Petroleum Corporatio	Sell	-283,127	-8.4%	$199.51K	3,107,127
Q3 2017	PFE Pfizer, Inc.	Pfizer, Inc.	Buy	+584,198	+12.3%	$190.57K	5,338,219
Q3 2017	TMO Thermo Fisher Scientific Inc	Thermo Fisher Scientific Inc	Sell	-19,079	-1.7%	$204.80K	1,082,464
Q3 2017	TTE TotalEnergies SE	TotalEnergies SE	Sell	-71,759	-1.9%	$203.34K	3,799,343
Q3 2017	VOD Vodafone Group Plc	Vodafone Group Plc	Sell	-96,807	-1.8%	$148.53K	5,218,946
Q3 2017	WBA Walgreens Boots Alliance, Inc.	Walgreens Boots Alliance, Inc.	Sell - Position Exit	-2,278,874	-100.0%	$0.00	-

Page 1 of 2