Key Points

  • 1. Harry Burn, head of Sound Shore Management, reveals a portfolio valued at $2.8 billion, showing an increase of $275 million from the previous quarter.
  • 2. Burn's portfolio reflects strategic decisions based on thorough research and market analysis, encompassing both established companies and emerging disruptors.
  • 3. Investors and analysts seek insights and trends from Burn's portfolio, potentially incorporating aspects of Sound Shore Management's investment approach into their own strategies.
  • 4. Burn's success in navigating the complexities of the financial markets solidifies his reputation as a luminary in investment management.
  • 5. Sound Shore Management's commitment to excellence ensures their continued success in the ever-evolving landscape of finance.

Keeping a keen eye on the quarterly reports of prominent portfolio managers is akin to peering into the crystal ball of the financial world. One such luminary whose recent portfolio disclosures have sparked intrigue and analysis is Harry Burn, a seasoned figure in the field and the head of Sound Shore Management Inc.

As the curtains drew close on the fourth quarter of 2023, Burn unveiled his latest moves in the market, revealing a portfolio with a reported value of $2.8 billion, dispersed among 36 distinct stocks.

The 13F Form

The meticulous examination of Burn's 13F filing, a mandatory disclosure form required by the U.S. Securities and Exchange Commission (SEC), offers investors and analysts alike a glimpse into the inner workings of Sound Shore Management's investment strategy. What stands out in this latest revelation is the notable uptick in the portfolio's value, registering an increase of $275 million from its previous valuation of $2.53 billion.

Delving deeper into the portfolio holdings, one can discern the strategic decisions that have propelled Sound Shore Management's assets to new heights. Each stock within the portfolio represents a carefully calculated investment, chosen based on thorough research, market analysis, and a forward-looking investment philosophy. From stalwart blue-chip companies to burgeoning disruptors in various sectors, Burn's selections paint a vivid picture of his investment outlook and his confidence in the prospects of each holding.

Top Buys

  • WTW | Weight Watchers International, Inc.
  • Weight Watchers International, Inc. - A global wellness company offering weight management services and products, including diet plans, coaching, and digital tools. With a focus on promoting healthy lifestyles and sustainable weight loss, Weight Watchers is a popular choice for individuals seeking to improve their health and fitness.

    Explore the investment potential of Weight Watchers International, Inc.

  • BBWI | Bath & Body Works, Inc.
  • Bath & Body Works, Inc. - A specialty retailer offering a wide range of bath and body care products, home fragrances, and personal care accessories. With a strong brand presence and loyal customer base, Bath & Body Works is a leading player in the beauty and personal care industry.

    Discover the investment opportunities with Bath & Body Works, Inc.

  • CLF | Cleveland-Cliffs Inc.
  • Cleveland-Cliffs Inc. - A leading mining and natural resources company specializing in iron ore production and steel manufacturing. With a focus on operational efficiency and sustainable practices, Cleveland-Cliffs is poised for growth in the global metals and mining sector.

    Unlock the investment potential of Cleveland-Cliffs Inc.

  • FIS | Fidelity National Information Services, Inc.
  • Fidelity National Information Services, Inc. - A global provider of financial technology solutions and services for the banking and financial services industry. FIS offers a comprehensive suite of software, consulting, and outsourcing solutions to help financial institutions optimize operations and enhance customer experiences.

    Explore the investment opportunities with Fidelity National Information Services, Inc.

  • ORCL | Oracle Corporation
  • Oracle Corporation - A multinational technology company specializing in enterprise software, cloud computing, and database solutions. Oracle offers a wide range of products and services to help businesses manage and analyze data, streamline operations, and drive innovation.

    Discover the investment potential of Oracle Corporation.

Top Holdings

  • PVH | PVH Corp (4.36% of portfolio)
  • PVH Corp - A global apparel company known for its iconic brands, including Calvin Klein and Tommy Hilfiger. PVH Corp operates in the fashion and lifestyle industry, offering a diverse range of clothing, accessories, and lifestyle products.

    Unlock the investment potential of PVH Corp.

  • FLEX | Flex Ltd. (4.21% of portfolio)
  • Flex Ltd. - A multinational electronics manufacturing services company that provides design, engineering, and manufacturing services to various industries, including automotive, healthcare, and consumer electronics. Flex is a leading player in the contract manufacturing and supply chain solutions space.

    Discover the investment opportunities with Flex Ltd.

  • COF | Capital One Financial Corporation (3.97% of portfolio)
  • Capital One Financial Corporation - A diversified financial services company offering a broad range of banking, lending, and financial products to consumers, small businesses, and commercial clients. Capital One is known for its credit card services and innovative digital banking solutions.

    Explore the investment potential of Capital One Financial Corporation.

  • WFC | Wells Fargo & Company (3.96% of portfolio)
  • Wells Fargo & Company - One of the largest banks in the United States, providing banking, mortgage, investing, asset management, and other financial services to individuals, businesses, and institutions. Wells Fargo is a prominent player in the banking and financial services industry.

    Delve into the investment opportunities with Wells Fargo & Company.

  • GM | General Motors Company (3.49% of portfolio)
  • General Motors Company - A multinational automotive company known for its portfolio of vehicle brands, including Chevrolet, GMC, Cadillac, and Buick. General Motors is a leading player in the automotive industry, focusing on innovation, sustainability, and future mobility solutions.

    Unlock the investment potential of General Motors Company.

Top Sells

  • TTE | TTE Petroleum Limited
  • TTE Petroleum Limited - A global energy company engaged in the exploration, production, refining, and marketing of petroleum and natural gas products. TTE is focused on maximizing resource efficiency and sustainability in its operations.

    Unlock the investment potential of TTE Petroleum Limited.

  • CAH | Cardinal Health, Inc.
  • Cardinal Health, Inc. - A multinational healthcare services and products company specializing in pharmaceutical distribution, medical supplies, and clinical services. With a focus on improving patient outcomes and reducing healthcare costs, Cardinal Health plays a vital role in the healthcare industry.

    Discover the investment opportunities with Cardinal Health, Inc.

  • PFE | Pfizer Inc.
  • Pfizer Inc. - A leading pharmaceutical company known for its innovative medicines and vaccines, addressing a wide range of medical conditions and diseases. Pfizer's commitment to research and development drives its efforts to improve global health outcomes.

    Explore the investment potential of Pfizer Inc.

  • VST | Vistra Corp
  • Vistra Corp - A leading integrated power company engaged in electricity generation, retail, and transmission services in key markets across the United States. Vistra focuses on delivering reliable and sustainable energy solutions to meet the needs of customers and communities.

    Unlock the investment potential of Vistra Corp.

  • FDX | FedEx Corporation
  • FedEx Corporation - A global logistics company providing transportation, e-commerce, and business services worldwide. FedEx is known for its reliable delivery network and innovative solutions in supply chain management and shipping.

    Discover the investment opportunities with FedEx Corporation.

The Near Future

While the specifics of Burn's portfolio holdings are not disclosed here, the overarching narrative of growth and strategic maneuvering underscores the dynamic nature of the investment landscape. As investors pore over Burn's latest moves, they seek to glean insights, identify trends, and perhaps even emulate certain aspects of Sound Shore Management's investment approach in their own portfolios.

For Burn and his team at Sound Shore Management, the Q4 2023 portfolio serves as a testament to their prowess in navigating the complexities of the financial markets. With a blend of experience, expertise, and a shrewd eye for value, Burn continues to chart a course for success, cementing his reputation as a luminary in the world of investment management.

As investors and analysts dissect Burn's latest portfolio disclosures, the financial world eagerly anticipates the next chapter in Sound Shore Management's journey. With markets in constant flux and new opportunities emerging, Burn's strategic acumen and steadfast commitment to excellence ensure that Sound Shore Management remains a force to be reckoned with in the ever-evolving landscape of finance.

Harry Burn

Harry Burn

Harry Burn is the CEO and chief investment officer of Sound Shore Management, a successful investment firm that focuses on value investing. Burn has a reputation for being a skilled and disciplined investor, and has generated strong returns for his clients over the long term.
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