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 |
CTRA
Coterra Energy
CTRA
|
+$99.1M |
| 2 |
PayPal
PYPL
|
+$72.1M |
| 3 |
Incyte
INCY
|
+$38.6M |
| 4 |
Walt Disney
DIS
|
+$30.2M |
| 5 |
Bath & Body Works
BBWI
|
+$12M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
TotalEnergies
TTE
|
+$67.1M |
| 2 |
Oracle
ORCL
|
+$36.2M |
| 3 |
Berkshire Hathaway Class B
BRK.B
|
+$32.4M |
| 4 |
Huntington Ingalls Industries
HII
|
+$29.3M |
| 5 |
Fidelity National Information Services
FIS
|
+$26.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 31.24% |
| 2 | Financials | 14.78% |
| 3 | Technology | 12.06% |
| 4 | Consumer Discretionary | 11.06% |
| 5 | Energy | 8.02% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
26
Baker Hughes
BKR
$61.9B
| $70.8M | 2.3% |
1,957,826
-455,318
| -19% | -$16M |
|
27
Perrigo
PRGO
$1.98B
| $69.7M | 2.27% |
2,658,912
+267,863
| +11% | +$7.38M |
|
28
Kraft Heinz
KHC
$30.3B
| $68M | 2.21% |
1,937,267
-465,755
| -19% | -$16M |
|
29
Lennar Class A
LEN
$21B
| $66.2M | 2.15% |
365,000
-46,818
| -11% | -$7.84M |
|
30
Check Point Software Technologies
CHKP
$13.3B
| $64.9M | 2.11% |
336,560
-124,032
| -27% | -$22.7M |
|
31
Centene
CNC
$32.1B
| $63M | 2.05% |
836,674
-17,307
| -2% | -$1.27M |
|
32
NXP Semiconductors
NXPI
$56.9B
| $62.4M | 2.03% |
259,968
-52,463
| -17% | -$13.2M |
|
33
Merck
MRK
$376B
| $62.2M | 2.02% |
547,423
+16,528
| +3% | +$1.96M |
|
34
Elevance Health
ELV
$86.9B
| $62.1M | 2.02% |
119,497
-2,572
| -2% | -$1.37M |
|
|
35
Huntington Ingalls Industries
HII
$11.8B
| $62.1M | 2.02% |
234,904
-110,585
| -32% | -$29.3M |
|
36
Cardinal Health
CAH
$53.4B
| $61.2M | 1.99% |
553,413
-116,349
| -17% | -$12.2M |
|
|
37
Berkshire Hathaway Class B
BRK.B
$1.06T
| $60.3M | 1.96% |
131,114
-73,273
| -36% | -$32.4M |
|
38
FedEx
FDX
$76.9B
| $58.6M | 1.91% |
214,031
-48,827
| -19% | -$14.2M |
|
|
39
Incyte
INCY
$25.9B
| $40M | 1.3% |
+605,348
| New | +$38.6M |
|
40
Newmont
NEM
$139B
| $8.93M | 0.29% |
167,030
| – | – |
|
41
Chevron
CVX
$403B
| – | – |
-85,155
| Closed | -$13.3M |
|
|
42
TotalEnergies
TTE
$199B
| – | – |
-1,006,342
| Closed | -$67.1M |
|
Similar funds
Harry Burn's Q3 2024 Portfolio in Review
As of Q3 2024, Harry Burn held 42 positions worth $3.07B, up 2.5% from $3B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Harry Burn withdrew a net $139M in Q3 2024, closing 2 positions and reducing 28 holdings. Its most notable exit was TotalEnergies, an estimated $67.1M position sold in full.
By sector, the portfolio is most concentrated in Healthcare at 31% of assets, up from 30% a quarter earlier, followed by Financials and Technology.
Against the trend, Harry Burn opened a new position in Coterra Energy worth $96.2M.
- Harry Burn's largest Q3 2024 buy was Coterra Energy: 4,016,396 shares worth $96.2M.
- Harry Burn added most to Walt Disney in Q3 2024, an estimated $30.2M increase.
- Harry Burn's biggest Q3 2024 reduction was Oracle, cutting an estimated $36.2M.
- Harry Burn fully exited TotalEnergies in Q3 2024, selling an estimated $67.1M.
- Harry Burn's ten largest holdings make up 32% of its $3.07B portfolio in Q3 2024.
- Harry Burn opened 3 new positions and closed 2 in Q3 2024.
- Harry Burn's portfolio value rose 2.5% quarter-over-quarter to $3.07B.
Based on Sound Shore Management's 13F filing for Q3 2024, filed 12 Nov 2024.