Sound Shore Management's Top Holdings as of September 30, 2026

As of September 30, 2026, Harry Burn's portfolio, managed by Sound Shore Management, holds a substantial value of $3.05 billion. The investment strategy appears diversified, spanning various sectors including Technology, Financial Services, Healthcare, and others. A snapshot of the largest individual holdings by weight reveals significant allocations to established blue-chip stocks.

Largest Individual Holdings

The top positions in Burn's portfolio are dominated by large-cap technology and financial services companies. QUALCOMM Incorporated (QCOM) stands as the largest holding, representing approximately 3.92% of the portfolio. This position saw a significant increase in shares during the prior period, growing by 24.24%. TE Connectivity PLC (TEL) is the second-largest holding at 3.71%, also showing strong positive share movement. Berkshire Hathaway Inc. - Class B (BRK-B) holds a substantial 3.15% allocation, while The Walt Disney Company (DIS) follows closely at 3.14%.

Significant Share Changes

Several holdings experienced notable changes in their share count during the reporting period, reflecting active management. Significant increases were observed in IQVIA Holdings Inc. (IQV), Viatris Inc. (VTRS), Oshkosh Corporation (OSK), Uber Technologies Inc. (UBER), and CNH Industrial N.V. (CNH). These companies saw their share counts increase by 100.0%, 100.0%, 100.0%, 100.0%, and 100.0% respectively, indicating a major shift in focus towards these stocks. Conversely, some holdings saw substantial reductions, including Bank of America Corporation (BAC), which decreased by 18.38%, and Southwest Airlines Co. (LUV) with a 14.68% reduction.

Portfolio Structure and Trends

The portfolio's sector allocation shows Technology and Healthcare as the primary sectors, together accounting for nearly 40% of the total value. Technology holds 18.86% ($575.6 million), while Healthcare is at 20.94% ($639.3 million). Financial Services is another major component at 11.15% ($340.3 million), followed by Industrials at 17.35% ($529.5 million). The portfolio also includes positions in Consumer Cyclical, Communication Services, Energy, and Utilities, though these hold smaller percentages.

It's important to note that the portfolio contains 39 holdings, with the top five accounting for 16.91% of the total value. The changes in holdings are quite pronounced, with 38 holdings experiencing position changes, suggesting a dynamic investment approach focused on capturing performance from specific sectors and individual stocks.

Conclusion

Burn's portfolio, managed by Sound Shore Management, is characterized by significant allocations to large-cap technology and financial firms, alongside active share adjustments. The substantial increases in holdings like IQV, VTRS, OSK, UBER, and CNH point towards a strategy that capitalizes on recent performance or growth potential. Meanwhile, the decrease in Bank of America shares indicates a shift away from that position. For detailed information on Sound Shore Management's investment activities, visit their profile. To explore specific stock holdings, refer to the respective company pages, such as QUALCOMM, Berkshire Hathaway, and The Walt Disney Company.