Sound Shore Management Inc ct/ 13F annual report

Sound Shore Management Inc ct/ is an investment fund managing more than $3 trillion ran by Lowell Haims. There are currently 39 companies in Mr. Haims’s portfolio. The largest investments include Teva Pharmaceutical Industries Ltd Adr and Fidelity National Information Services, together worth $220 billion.

Limited to 30 biggest holdings

$3 trillion Assets Under Management (AUM)

As of 6th August 2024, Sound Shore Management Inc ct/’s top holding is 6,761,446 shares of Teva Pharmaceutical Industries Ltd Adr currently worth over $110 billion and making up 3.7% of the portfolio value. In addition, the fund holds 1,455,273 shares of Fidelity National Information Services worth $110 billion, whose value grew 24.3% in the past six months. The third-largest holding is Capital One worth $104 billion and the next is Organon & Company worth $101 billion, with 4,870,683 shares owned.

Currently, Sound Shore Management Inc ct/'s portfolio is worth at least $3 trillion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.

Careers at Sound Shore Management Inc ct/

The Sound Shore Management Inc ct/ office and employees reside in Greenwich, Connecticut. According to the last 13-F report filed with the SEC, Lowell Haims serves as the Chief Administrative Officer at Sound Shore Management Inc ct/.

Recent trades

In the most recent 13F filing, Sound Shore Management Inc ct/ revealed that it had opened a new position in Avantor and bought 3,604,345 shares worth $76.4 billion. This means they effectively own approximately 0.1% of the company. Avantor makes up 91.6% of the fund's Materials sector allocation and has decreased its share price by approximately 0.1% in the past year.

The investment fund also strengthened its position in Willis Towers Watson Plc by buying 58,085 additional shares. This makes their stake in Willis Towers Watson Plc total 354,537 shares worth $92.9 billion.

On the other hand, there are companies that Sound Shore Management Inc ct/ is getting rid of from its portfolio. Sound Shore Management Inc ct/ closed its position in Cleveland-Cliffs Inc on 13th August 2024. It sold the previously owned 3,831,468 shares for $87.1 billion. Lowell Haims also disclosed a decreased stake in Teva Pharmaceutical Industries Ltd Adr by approximately 0.1%. This leaves the value of the investment at $110 billion and 6,761,446 shares.

One of the largest hedge funds

The two most similar investment funds to Sound Shore Management Inc ct/ are Farmers & Merchants Investments Inc and Wealthcare Advisory Partners. They manage $3 trillion and $3 trillion respectively.

Lowell Haims investment strategy

Sound Shore Management Inc ct/’s portfolio is diversified across 10 sectors. Currently, their heaviest sector is Health Care — making up 16.1% of the total portfolio value. The fund focuses on investments in the United States as 59.0% of the portfolio companies are based in the United States.

The majority of the companies in the fund’s portfolio are large-cap stocks. Stocks with a size of more than $10 billion in market cap make up 54% of the total holdings value. On the other hand, small-cap stocks make up only 2.6% of the portfolio. The average market cap of the portfolio companies is close to $94.7 billion.

The complete list of Sound Shore Management Inc ct/ trades based on 13F SEC filings

These positions were updated on August 13th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.

Security	Shares Owned	Value	Allocation
Teva Pharmaceutical Industries Ltd Adr	9.78% 6,761,446	$109,873,498,000	3.66%
Fidelity National Information Services, Inc.	3.15% 1,455,273	$109,669,374,000	3.66%
Capital One Financial Corp.	6.77% 751,016	$103,978,166,000	3.47%
Organon & Company	3.07% 4,870,683	$100,823,139,000	3.36%
PVH Corp	3.97% 911,857	$96,538,301,000	3.22%
Oracle Corp.	3.09% 674,325	$95,214,690,000	3.17%
Kinder Morgan Inc	2.89% 4,766,312	$94,706,620,000	3.16%
Wells Fargo & Company	26.54% 1,573,565	$93,454,026,000	3.12%
Willis Towers Watson Plc	19.59% 354,537	$92,938,329,000	3.10%
Flex Ltd	26.77% 3,144,867	$92,742,128,000	3.09%
General Motors Company	26.03% 1,962,191	$91,163,394,000	3.04%
Cleveland-Cliffs Inc	Closed 3,831,468	$87,127,583,000
Hologic, Inc.	5.20% 1,166,115	$86,584,039,000	2.89%
Huntington Ingalls Industries Inc	50.67% 345,489	$85,104,305,000	2.84%
Baker Hughes Company	3.21% 2,413,144	$84,870,275,000	2.83%
NXP Semiconductors NV	3.07% 312,431	$84,072,058,000	2.80%
Berkshire Hathaway Inc.	3.17% 204,387	$83,144,632,000	2.77%
Bath & Body Works, Inc.	10.00% 2,088,703	$81,563,852,000	2.72%
Pfizer Inc.	10.95% 2,836,057	$79,352,875,000	2.65%
Fedex Corp	3.02% 262,858	$78,815,343,000	2.63%
The Kraft Heinz Company	3.12% 2,403,022	$77,425,369,000	2.58%
Avantor, Inc.	Opened 3,604,345	$76,412,114,000	2.55%
Checkpoint Software Technologies	3.20% 460,592	$75,997,680,000	2.53%
Kroger Co.	5.78% 1,516,317	$75,709,708,000	2.52%
Ge Healthcare Technologies	31.38% 966,657	$75,321,914,000	2.51%
Barrick Gold Corporation	48.24% 4,455,551	$74,318,591,000	2.48%
Public Service Enterprise Group Inc.	Opened 967,413	$71,298,339,000	2.38%
Vistra Corp	44.02% 803,814	$69,111,928,000	2.30%
CVS Health Corp	Opened 1,165,831	$68,853,979,000	2.30%
Paccar Inc.	Closed 545,036	$67,524,510,000
Totalenergies Se Adr	3.50% 1,006,342	$67,102,885,000	2.24%
Constellation Energy Corporation	Closed 360,012	$66,548,218,000
Elevance Health, Inc.	21.06% 122,069	$66,144,309,000	2.21%
Cardinal Health, Inc.	24.82% 669,762	$65,851,000,000	2.20%
Cf Industries Holding, Inc.	13.13% 888,166	$65,830,864,000	2.19%
Merck & Co Inc	23.42% 530,895	$65,724,801,000	2.19%
The Walt Disney Company	Opened 623,252	$61,882,692,000	2.06%
Perrigo Company plc	5.16% 2,391,049	$61,402,139,000	2.05%
Lennar Corporation	3.07% 398,662	$59,747,474,000	1.99%
Centene Corp.	27.31% 853,981	$56,618,941,000	1.89%
Acuity Brands, Inc.	Closed 186,126	$50,017,640,000
Chevron Corp.	18.53% 85,155	$13,319,945,000	0.44%
Newmont Corp	Opened 167,030	$6,993,546,000	0.23%
No transactions found
Showing first 500 out of 43 holdings