Harry Burn Sound Shore Management
Harry Burn is a co-founder of Sound Shore Management, a firm focused on large-cap value equities selected through fundamental research. Sound Shore is known for a disciplined valuation process and a relatively compact list of portfolio holdings. The firm is often cited among long-standing institutional value managers with a public-markets track record.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
RenaissanceRe
RNR
|
+$97.6M |
| 2 |
Wells Fargo
WFC
|
+$96.1M |
| 3 |
Organon & Co
OGN
|
+$80.7M |
| 4 |
Baker Hughes
BKR
|
+$69M |
| 5 |
NXP Semiconductors
NXPI
|
+$35.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Whirlpool
WHR
|
+$72.9M |
| 2 |
Citigroup
C
|
+$71.4M |
| 3 |
Booking.com
BKNG
|
+$68.9M |
| 4 |
Berkshire Hathaway Class B
BRK.B
|
+$51.5M |
| 5 |
Oracle
ORCL
|
+$49.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 26.72% |
| 2 | Financials | 25.89% |
| 3 | Technology | 17.54% |
| 4 | Consumer Discretionary | 6.85% |
| 5 | Communication Services | 6.82% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Organon & Co
OGN
$3.61B
| $74.2M | 2.06% |
+2,452,287
| New | +$80.7M |
|
27
Wabtec
WAB
$50.3B
| $74M | 2.06% |
899,506
-41,238
| -4% | -$3.35M |
|
28
Chubb
CB
$132B
| $74M | 2.06% |
465,276
-3,538
| -0.8% | -$586K |
|
29
EOG Resources
EOG
$80.3B
| $72.8M | 2.03% |
872,706
-404,306
| -32% | -$32M |
|
30
Vontier
VNT
$4.46B
| $72.5M | 2.02% |
2,225,540
-7,154
| -0.3% | -$236K |
|
31
International Paper
IP
$22B
| $72.3M | 2.01% |
1,246,036
-406,809
| -25% | -$23.2M |
|
32
Verizon
VZ
$205B
| $71.8M | 2% |
1,280,947
-9,028
| -0.7% | -$518K |
|
33
Eaton
ETN
$163B
| $70.6M | 1.96% |
476,461
-16,123
| -3% | -$2.32M |
|
34
Lennar Class A
LEN
$21B
| $70.5M | 1.96% |
732,608
-64,400
| -8% | -$6.22M |
|
|
CTRA
35
DELISTED
Coterra Energy
CTRA
| $70.4M | 1.96% |
4,033,029
-27,029
| -0.7% | -$460K |
|
|
SIVB
36
DELISTED
SVB Financial Group
SIVB
| $70.4M | 1.96% |
126,445
-782
| -0.6% | -$434K |
|
37
Blackstone
BX
$108B
| $70.1M | 1.95% |
721,553
-283,359
| -28% | -$25.2M |
|
|
38
Baker Hughes
BKR
$61.9B
| $68.4M | 1.9% |
+2,989,507
| New | +$69M |
|
39
UnitedHealth
UNH
$350B
| $67.3M | 1.87% |
168,049
-1,283
| -0.8% | -$512K |
|
|
40
Booking.com
BKNG
$158B
| – | – |
-738,800
| Closed | -$68.9M |
|
|
41
Citigroup
C
$221B
| – | – |
-980,935
| Closed | -$71.4M |
|
|
42
Whirlpool
WHR
$2.63B
| – | – |
-330,665
| Closed | -$72.9M |
|
Similar funds
Harry Burn's Q2 2021 Portfolio in Review
As of Q2 2021, Harry Burn held 42 positions worth $3.59B, up 5% from $3.42B the previous quarter. Its ten largest holdings account for 33% of the portfolio.
Harry Burn's Q2 2021 filing shows 4 new, 8 increased, 27 reduced and 3 closed positions. Its largest new stake was RenaissanceRe: 613,812 shares worth $91.3M. The largest sale was Whirlpool, an estimated $72.9M.
By sector, the portfolio is most concentrated in Healthcare at 27% of assets, up from 23% a quarter earlier, followed by Financials and Technology.
- Harry Burn's largest Q2 2021 buy was RenaissanceRe: 613,812 shares worth $91.3M.
- Harry Burn added most to NXP Semiconductors in Q2 2021, an estimated $35.9M increase.
- Harry Burn's biggest Q2 2021 reduction was Berkshire Hathaway Class B, cutting an estimated $51.5M.
- Harry Burn fully exited Whirlpool in Q2 2021, selling an estimated $72.9M.
- Harry Burn's ten largest holdings make up 33% of its $3.59B portfolio in Q2 2021.
- Harry Burn opened 4 new positions and closed 3 in Q2 2021.
- Harry Burn's portfolio value rose 5% quarter-over-quarter to $3.59B.
Based on Sound Shore Management's 13F filing for Q2 2021, filed 5 Aug 2021.