Harry Burn - Sound Shore Management 13F Activity & Position Changes (Q4 2022)

As of Dec 31, 2022, the Sound Shore Management portfolio activity showed several notable changes in holdings, according to the latest SEC 13F filing reported on Feb 06, 2023. 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 Q4 2022, the filing reported:

New Buys - Boeing Company (The), Lam Research Corporation, TotalEnergies SE

Increases - Bank of America Corporation, Capital One Financial Corporati, FedEx Corporation, First Republic Bank (San Franci, General Motors Company, and 5 more

Reductions - Applied Materials, Inc., Baker Hughes Company, Berkshire Hathaway Inc. New, ConAgra Brands, Inc., Cardinal Health, Inc., and 16 more

Complete Exits - Coterra Energy Inc., Elanco Animal Health Incorporat, Perrigo

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
Q4 2022	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-27,636	-4.4%	$57.93M	594,937
Q4 2022	BA Boeing Company (The)	Boeing Company (The)	Buy - Position Entry	+319,504	-	$60.86M	319,504
Q4 2022	BAC Bank of America Corporation	Bank of America Corporation	Buy	+223,315	+13.7%	$61.55M	1,858,364
Q4 2022	BKR Baker Hughes Company	Baker Hughes Company	Sell	-1,375,005	-37.0%	$68.99M	2,336,296
Q4 2022	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Sell	-5,817	-1.8%	$97.97M	317,170
Q4 2022	CAG ConAgra Brands, Inc.	ConAgra Brands, Inc.	Sell	-136,920	-6.6%	$75.21M	1,943,317
Q4 2022	CAH Cardinal Health, Inc.	Cardinal Health, Inc.	Sell	-297,078	-29.0%	$56.01M	728,617
Q4 2022	CLF Cleveland-Cliffs Inc.	Cleveland-Cliffs Inc.	Sell	-912,164	-18.9%	$63.10M	3,917,051
Q4 2022	COF Capital One Financial Corporati	Capital One Financial Corporati	Buy	+98,539	+11.1%	$91.83M	987,814
Q4 2022	CTRA Coterra Energy Inc.	Coterra Energy Inc.	Sell - Position Exit	-1,506,901	-100.0%	$0.00	-
Q4 2022	ELAN Elanco Animal Health Incorporat	Elanco Animal Health Incorporat	Sell - Position Exit	-4,131,801	-100.0%	$0.00	-
Q4 2022	FDX FedEx Corporation	FedEx Corporation	Buy	+11,070	+3.5%	$57.24M	330,469
Q4 2022	FLEX Flex	Flex	Sell	-154,887	-2.7%	$119.41M	5,564,336
Q4 2022	FRCB First Republic Bank (San Franci	First Republic Bank (San Franci	Buy	+181,137	+29.9%	$96.04M	787,896
Q4 2022	G97822103 Perrigo	Perrigo	Sell - Position Exit	-2,864,433	-100.0%	$0.00	-
Q4 2022	GM General Motors Company	General Motors Company	Buy	+443,718	+21.5%	$84.47M	2,510,916
Q4 2022	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+331,631	+64.7%	$74.47M	843,992
Q4 2022	HII Huntington Ingalls Industries,	Huntington Ingalls Industries,	Buy	+99,036	+40.8%	$78.82M	341,691
Q4 2022	HOLX Hologic, Inc.	Hologic, Inc.	Sell	-61,363	-6.4%	$67.54M	902,863
Q4 2022	KMI Kinder Morgan, Inc.	Kinder Morgan, Inc.	Sell	-995,170	-20.6%	$69.56M	3,847,440
Q4 2022	LEN Lennar Corporation	Lennar Corporation	Sell	-65,318	-6.1%	$91.38M	1,009,671
Q4 2022	LRCX Lam Research Corporation	Lam Research Corporation	Buy - Position Entry	+94,560	-	$39.74M	94,560
Q4 2022	MRK Merck & Company, Inc.	Merck & Company, Inc.	Sell	-9,479	-1.4%	$73.08M	658,679
Q4 2022	MS Morgan Stanley	Morgan Stanley	Sell	-26,621	-4.1%	$52.67M	619,501
Q4 2022	MU Micron Technology, Inc.	Micron Technology, Inc.	Buy	+210,078	+20.8%	$60.96M	1,219,697
Q4 2022	N6596X109 NXP Semiconductors	NXP Semiconductors	Sell	-42,074	-7.2%	$86.17M	545,303
Q4 2022	OGN Organon & Co.	Organon & Co.	Buy	+474,402	+18.5%	$84.84M	3,037,693
Q4 2022	ORCL Oracle Corporation	Oracle Corporation	Sell	-64,750	-4.7%	$107.16M	1,311,008
Q4 2022	PCAR PACCAR Inc.	PACCAR Inc.	Sell	-410,693	-40.7%	$59.28M	598,934
Q4 2022	PFE Pfizer, Inc.	Pfizer, Inc.	Buy	+120,072	+6.8%	$96.43M	1,881,878

Page 1 of 2