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 |
Willis Towers Watson
WTW
|
+$70.2M |
| 2 |
Bath & Body Works
BBWI
|
+$50.9M |
| 3 |
Oracle
ORCL
|
+$18.3M |
| 4 |
Organon & Co
OGN
|
+$16.5M |
| 5 |
Fidelity National Information Services
FIS
|
+$15.9M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Avantor
AVTR
|
+$84.1M |
| 2 |
Cisco
CSCO
|
+$54.8M |
| 3 |
Conagra Brands
CAG
|
+$41.7M |
| 4 |
TotalEnergies
TTE
|
+$20.3M |
| 5 |
Vistra
VST
|
+$20.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 22.24% |
| 2 | Technology | 20.4% |
| 3 | Industrials | 13.53% |
| 4 | Financials | 13.1% |
| 5 | Consumer Discretionary | 12.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Elevance Health
ELV
$86.9B
| $70.7M | 2.45% |
149,930
-247
| -0.2% | -$114K |
|
27
FedEx
FDX
$76.9B
| $69.2M | 2.4% |
273,604
-1,286
| -0.5% | -$327K |
|
|
28
Organon & Co
OGN
$3.61B
| $67.4M | 2.34% |
4,675,137
+1,216,522
| +35% | +$16.5M |
|
29
Analog Devices
ADI
$182B
| $67.3M | 2.33% |
338,823
-1,909
| -0.6% | -$341K |
|
30
Applied Materials
AMAT
$391B
| $61.7M | 2.14% |
380,535
-9,662
| -2% | -$1.42M |
|
31
PACCAR
PCAR
$69B
| $61.3M | 2.12% |
627,382
-34,739
| -5% | -$3.12M |
|
32
Lennar Class A
LEN
$21B
| $59.2M | 2.05% |
410,079
-97,936
| -19% | -$11.8M |
|
33
Cardinal Health
CAH
$53.4B
| $57.2M | 1.98% |
567,720
-197,614
| -26% | -$19.6M |
|
34
Constellation Energy
CEG
$96.7B
| $54.9M | 1.9% |
469,374
-61,220
| -12% | -$7.15M |
|
35
Baker Hughes
BKR
$61.9B
| $54.2M | 1.88% |
1,585,720
-2,980
| -0.2% | -$102K |
|
36
Pfizer
PFE
$160B
| $46.6M | 1.62% |
1,618,906
-46,741
| -3% | -$1.41M |
|
|
37
Avantor
AVTR
$9.78B
| – | – |
-3,989,327
| Closed | -$84.1M |
|
|
38
Conagra Brands
CAG
$7.89B
| – | – |
-1,522,008
| Closed | -$41.7M |
|
|
39
Cisco
CSCO
$438B
| – | – |
-1,018,729
| Closed | -$54.8M |
|
Similar funds
Harry Burn's Q4 2023 Portfolio in Review
As of Q4 2023, Harry Burn held 39 positions worth $2.88B, up 10% from $2.61B the previous quarter. Its ten largest holdings account for 36% of the portfolio.
Harry Burn's Q4 2023 filing shows 1 new, 13 increased, 22 reduced and 3 closed positions. Its largest new stake was Willis Towers Watson: 303,419 shares worth $73.2M. The largest sale was Avantor, an estimated $84.1M.
By sector, the portfolio is most concentrated in Healthcare at 22% of assets, down from 27% a quarter earlier, followed by Technology and Industrials.
- Harry Burn's largest Q4 2023 buy was Willis Towers Watson: 303,419 shares worth $73.2M.
- Harry Burn added most to Bath & Body Works in Q4 2023, an estimated $50.9M increase.
- Harry Burn's biggest Q4 2023 reduction was TotalEnergies, cutting an estimated $20.3M.
- Harry Burn fully exited Avantor in Q4 2023, selling an estimated $84.1M.
- Harry Burn's ten largest holdings make up 36% of its $2.88B portfolio in Q4 2023.
- Harry Burn opened 1 new position and closed 3 in Q4 2023.
- Harry Burn's portfolio value rose 10% quarter-over-quarter to $2.88B.
Based on Sound Shore Management's 13F filing for Q4 2023, filed 7 Feb 2024.