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 |
Check Point Software Technologies
CHKP
|
+$76.3M |
| 2 |
Perrigo
PRGO
|
+$71.7M |
| 3 |
Kroger
KR
|
+$70.6M |
| 4 |
CF Industries
CF
|
+$62.6M |
| 5 |
B
Barrick Mining
B
|
+$47M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$96.8M |
| 2 |
Micron Technology
MU
|
+$93.6M |
| 3 |
Analog Devices
ADI
|
+$67.3M |
| 4 |
Applied Materials
AMAT
|
+$61.7M |
| 5 |
Vistra
VST
|
+$42.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 25.7% |
| 2 | Technology | 15% |
| 3 | Consumer Discretionary | 13.12% |
| 4 | Financials | 12.96% |
| 5 | Industrials | 8.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
26
Perrigo
PRGO
$1.98B
| $73.2M | 2.29% |
+2,273,819
| New | +$71.7M |
|
27
TotalEnergies
TTE
$199B
| $71.8M | 2.25% |
1,042,815
-204,809
| -16% | -$13.4M |
|
28
Pfizer
PFE
$160B
| $70.9M | 2.22% |
2,556,232
+937,326
| +58% | +$26M |
|
29
Lennar Class A
LEN
$21B
| $70.7M | 2.21% |
424,851
+14,772
| +4% | +$2.22M |
|
30
PACCAR
PCAR
$69B
| $67.5M | 2.11% |
545,036
-82,346
| -13% | -$8.85M |
|
31
GE HealthCare
GEHC
$33.8B
| $66.9M | 2.09% |
735,751
-278,207
| -27% | -$23.1M |
|
32
Huntington Ingalls Industries
HII
$11.8B
| $66.8M | 2.09% |
229,309
-123,755
| -35% | -$34.1M |
|
33
Constellation Energy
CEG
$96.7B
| $66.5M | 2.08% |
360,012
-109,362
| -23% | -$15.5M |
|
|
34
CF Industries
CF
$19.6B
| $65.3M | 2.04% |
+785,065
| New | +$62.6M |
|
35
Cardinal Health
CAH
$53.4B
| $60M | 1.88% |
536,567
-31,153
| -5% | -$3.36M |
|
36
Acuity Brands
AYI
$10.3B
| $50M | 1.56% |
186,126
-161,418
| -46% | -$39.1M |
|
|
B
37
Barrick Mining
B
$78.3B
| $50M | 1.56% |
+3,005,689
| New | +$47M |
|
38
Chevron
CVX
$403B
| $11.3M | 0.35% |
+71,840
| New | +$10.8M |
|
|
39
Analog Devices
ADI
$182B
| – | – |
-338,823
| Closed | -$67.3M |
|
|
40
Applied Materials
AMAT
$391B
| – | – |
-380,535
| Closed | -$61.7M |
|
|
41
Boeing
BA
$169B
| – | – |
-371,498
| Closed | -$96.8M |
|
|
42
Micron Technology
MU
$1.09T
| – | – |
-1,096,241
| Closed | -$93.6M |
|
Similar funds
Harry Burn's Q1 2024 Portfolio in Review
As of Q1 2024, Harry Burn held 42 positions worth $3.2B, up 11% from $2.88B the previous quarter. Its ten largest holdings account for 35% of the portfolio.
Harry Burn withdrew a net $150M in Q1 2024, closing 4 positions and reducing 23 holdings. Its most notable exit was Boeing, an estimated $96.8M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 26% of assets, up from 22% a quarter earlier, followed by Technology and Consumer Discretionary.
Against the trend, Harry Burn opened a new position in Check Point Software Technologies worth $78M.
- Harry Burn's largest Q1 2024 buy was Check Point Software Technologies: 475,811 shares worth $78M.
- Harry Burn added most to Baker Hughes in Q1 2024, an estimated $28M increase.
- Harry Burn's biggest Q1 2024 reduction was Vistra, cutting an estimated $42.4M.
- Harry Burn fully exited Boeing in Q1 2024, selling an estimated $96.8M.
- Harry Burn's ten largest holdings make up 35% of its $3.2B portfolio in Q1 2024.
- Harry Burn opened 6 new positions and closed 4 in Q1 2024.
- Harry Burn's portfolio value rose 11% quarter-over-quarter to $3.2B.
Based on Sound Shore Management's 13F filing for Q1 2024, filed 10 May 2024.