Harry Burn - Sound Shore Management 13F Activity & Position Changes (Q4 2025)

According to the SEC 13F filed on Feb 10, 2026, the Sound Shore Management portfolio showed several notable changes in holdings as of quarter-end Dec 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 Q4 2025, the filing reported:

New Buys - BP p.l.c., Salesforce, Inc., QXO, Inc.

Increases - The AES Corporation, Berkshire Hathaway Inc. New, Check Point, Walt Disney Company (The), GE HealthCare Technologies Inc., and 8 more

Reductions - Albertsons Companies, Inc., Applied Materials, Inc., Barrick Gold, Bank of America Corporation, Citigroup, Inc., and 15 more

Complete Exits - Perrigo, Hologic, Inc., International Paper Company, PayPal Holdings, 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
Q4 2025	ACI Albertsons Companies, Inc.	Albertsons Companies, Inc.	Sell	-369,021	-7.5%	$77.83M	4,533,158
Q4 2025	AES The AES Corporation	The AES Corporation	Buy	+1,002,530	+17.0%	$98.92M	6,898,342
Q4 2025	AMAT Applied Materials, Inc.	Applied Materials, Inc.	Sell	-118,650	-29.7%	$72.11M	280,589
Q4 2025	B Barrick Gold	Barrick Gold	Sell	-8,402	-0.7%	$50.33M	1,155,678
Q4 2025	BAC Bank of America Corporation	Bank of America Corporation	Sell	-301,769	-16.1%	$86.79M	1,577,921
Q4 2025	BP BP p.l.c.	BP p.l.c.	Buy - Position Entry	+1,954,785	-	$67.89M	1,954,785
Q4 2025	BRK-B Berkshire Hathaway Inc. New	Berkshire Hathaway Inc. New	Buy	+30,970	+17.3%	$105.66M	210,204
Q4 2025	C Citigroup, Inc.	Citigroup, Inc.	Sell	-199,965	-20.2%	$92.06M	788,969
Q4 2025	CHKP Check Point	Check Point	Buy	+71,271	+20.2%	$78.79M	424,584
Q4 2025	COF Capital One Financial Corporati	Capital One Financial Corporati	Sell	-91,530	-20.0%	$88.64M	365,756
Q4 2025	CRM Salesforce, Inc.	Salesforce, Inc.	Buy - Position Entry	+378,539	-	$100.28M	378,539
Q4 2025	CSX CSX Corporation	CSX Corporation	Sell	-14,793	-0.6%	$87.07M	2,401,874
Q4 2025	CTRA Coterra Energy Inc.	Coterra Energy Inc.	Sell	-972,374	-22.9%	$86.05M	3,269,386
Q4 2025	DIS Walt Disney Company (The)	Walt Disney Company (The)	Buy	+243,686	+34.1%	$109.07M	958,711
Q4 2025	EQT EQT Corporation	EQT Corporation	Sell	-9,234	-0.6%	$81.34M	1,517,587
Q4 2025	FIS Fidelity National Information S	Fidelity National Information S	Sell	-9,258	-0.7%	$91.98M	1,384,040
Q4 2025	FLEX Flex	Flex	Sell	-153,314	-13.1%	$61.53M	1,018,314
Q4 2025	G97822103 Perrigo	Perrigo	Sell - Position Exit	-3,650,998	-100.0%	$0.00	-
Q4 2025	GEHC GE HealthCare Technologies Inc.	GE HealthCare Technologies Inc.	Buy	+37,132	+3.8%	$83.49M	1,017,888
Q4 2025	GM General Motors Company	General Motors Company	Sell	-421,117	-28.3%	$86.72M	1,066,395
Q4 2025	GOOGL Alphabet Inc.	Alphabet Inc.	Buy	+25,520	+7.9%	$109.47M	349,734
Q4 2025	HII Huntington Ingalls Industries,	Huntington Ingalls Industries,	Sell	-82,747	-28.8%	$69.47M	204,283
Q4 2025	HOLX Hologic, Inc.	Hologic, Inc.	Sell - Position Exit	-1,337,653	-100.0%	$0.00	-
Q4 2025	INCY Incyte Corporation	Incyte Corporation	Buy	+79,976	+9.4%	$91.84M	929,832
Q4 2025	IP International Paper Company	International Paper Company	Sell - Position Exit	-1,551,437	-100.0%	$0.00	-
Q4 2025	KD Kyndryl Holdings, Inc.	Kyndryl Holdings, Inc.	Buy	+939,154	+46.1%	$79.00M	2,974,223
Q4 2025	KMI Kinder Morgan, Inc.	Kinder Morgan, Inc.	Buy	+720,295	+27.0%	$93.22M	3,391,203
Q4 2025	LUV Southwest Airlines Company	Southwest Airlines Company	Sell	-16,940	-0.7%	$104.18M	2,520,697
Q4 2025	MHK Mohawk Industries, Inc.	Mohawk Industries, Inc.	Sell	-10,719	-1.6%	$71.09M	650,447
Q4 2025	MRVL Marvell Technology, Inc.	Marvell Technology, Inc.	Buy	+153,935	+17.9%	$86.23M	1,014,709

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