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 |
PVH
PVH
|
+$134M |
| 2 |
General Motors
GM
|
+$102M |
| 3 |
Aptiv
APTV
|
+$102M |
| 4 |
SGI
Somnigroup International
SGI
|
+$101M |
| 5 |
VSXY
Victoria's Secret
VSXY
|
+$95.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Magna International
MGA
|
+$111M |
| 2 |
Henry Schein
HSIC
|
+$101M |
| 3 |
RenaissanceRe
RNR
|
+$98M |
| 4 |
Sensata Technologies
ST
|
+$95.7M |
| 5 |
Cigna
CI
|
+$81.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 26.26% |
| 2 | Financials | 21.45% |
| 3 | Consumer Discretionary | 18.63% |
| 4 | Technology | 14.9% |
| 5 | Energy | 4.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CTRA
26
DELISTED
Coterra Energy
CTRA
| $85.1M | 2.47% |
3,156,178
-848,043
| -21% | -$19.8M |
|
27
Baker Hughes
BKR
$61.9B
| $83.2M | 2.42% |
2,285,697
-1,099,995
| -32% | -$33.4M |
|
|
HOLX
28
DELISTED
Hologic
HOLX
| $79.6M | 2.31% |
+1,036,464
| New | +$74.5M |
|
29
Elevance Health
ELV
$86.9B
| $78.1M | 2.27% |
159,049
-59,404
| -27% | -$27.2M |
|
|
SGI
30
Somnigroup International
SGI
$13.6B
| $76.4M | 2.22% |
+2,735,145
| New | +$101M |
|
|
31
Cigna
CI
$73.3B
| $73.7M | 2.14% |
307,434
-347,617
| -53% | -$81.4M |
|
32
International Paper
IP
$22B
| $72.5M | 2.11% |
1,571,756
-8,932
| -0.6% | -$411K |
|
33
Conagra Brands
CAG
$7.89B
| $72.5M | 2.1% |
2,158,602
-1,096,715
| -34% | -$37.4M |
|
34
Verizon
VZ
$205B
| $63.4M | 1.84% |
1,243,849
-194,910
| -14% | -$10.3M |
|
|
35
Sensata Technologies
ST
$6.23B
| $1.18M | 0.03% |
23,137
-1,679,331
| -99% | -$95.7M |
|
36
EOG Resources
EOG
$80.3B
| – | – |
-864,704
| Closed | -$76.8M |
|
|
FISV
37
Fiserv Inc
FISV
$28B
| – | – |
-10,755
| Closed | -$1.12M |
|
|
38
Henry Schein
HSIC
$9.86B
| – | – |
-1,301,783
| Closed | -$101M |
|
|
39
Magna International
MGA
$19.5B
| – | – |
-1,365,824
| Closed | -$111M |
|
|
40
RenaissanceRe
RNR
$13.4B
| – | – |
-578,595
| Closed | -$98M |
|
41
Wabtec
WAB
$50.3B
| – | – |
-777,031
| Closed | -$71.6M |
|
Similar funds
Harry Burn's Q1 2022 Portfolio in Review
As of Q1 2022, Harry Burn held 41 positions worth $3.44B, down 4.4% from $3.6B the previous quarter. Its ten largest holdings account for 37% of the portfolio.
Harry Burn's Q1 2022 filing shows 6 new, 12 increased, 17 reduced and 6 closed positions. Its largest new stake was PVH: 1,445,954 shares worth $111M. The largest sale was Magna International, an estimated $111M.
By sector, the portfolio is most concentrated in Healthcare at 26% of assets, down from 29% a quarter earlier, followed by Financials and Consumer Discretionary.
- Harry Burn's largest Q1 2022 buy was PVH: 1,445,954 shares worth $111M.
- Harry Burn added most to Lennar Class A in Q1 2022, an estimated $67.2M increase.
- Harry Burn's biggest Q1 2022 reduction was Sensata Technologies, cutting an estimated $95.7M.
- Harry Burn fully exited Magna International in Q1 2022, selling an estimated $111M.
- Harry Burn's ten largest holdings make up 37% of its $3.44B portfolio in Q1 2022.
- Harry Burn opened 6 new positions and closed 6 in Q1 2022.
- Harry Burn's portfolio value fell 4.4% quarter-over-quarter to $3.44B.
Based on Sound Shore Management's 13F filing for Q1 2022, filed 6 May 2022.