We are live on ! Find out more
HB

Harry Burn Sound Shore Management

AUM $3.25B
1-Year Est. Return 28.47%
 

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.

This Fund
S&P 500
This Quarter Est. Return
+5.53%
1 Year Est. Return
+28.47%
3 Year Est. Return
+91.38%
5 Year Est. Return
+105.4%
10 Year Est. Return
+14,034.45%
AUM
$6.17B
AUM Growth
+$361M
Cap. Flow
+$74.7M
Cap. Flow %
1.21%
Top 10 Hldgs %
28.41%
Holding
57
New
2
Increased
32
Reduced
7
Closed
5

Top Buys

Rank Stock Value
1
RS icon
Reliance Steel & Aluminium
RS
+$141M
2
IP icon
International Paper
IP
+$139M
3
TMO icon
Thermo Fisher Scientific
TMO
+$41.1M
4
GOOG icon
Alphabet (Google) Class C
GOOG
+$40.6M
5
A icon
Agilent Technologies
A
+$33.1M

Top Sells

Rank Stock Value
1
UNH icon
UnitedHealth
UNH
+$123M
2
CAH icon
Cardinal Health
CAH
+$116M
3
LUV icon
Southwest Airlines
LUV
+$116M
4
SCHW
Charles Schwab
SCHW
+$80.4M
5
TDC icon
Teradata
TDC
+$49.3M

Sector Composition

Rank Sector Weight
1 Financials 20.95%
2 Healthcare 17.3%
3 Technology 15.36%
4 Energy 12.72%
5 Communication Services 9.48%
Name Market Value Portfolio Weight Shares or Principal Change
in Stake 		Capital Flow
MO icon
51
Altria Group
MO
$110B
$274K ﹤0.01%
6,535
– –
JBL icon
52
Jabil
JBL
$32.8B
$254K ﹤0.01%
12,165
– –
CAH icon
53
Cardinal Health
CAH
$53.4B
– –
-1,664,219
Closed -$116M
LUV icon
54
Southwest Airlines
LUV
$19.8B
– –
-4,924,850
Closed -$116M
SCHW
55
Charles Schwab
SCHW
$194B
– –
-2,941,899
Closed -$80.4M
UNH icon
56
UnitedHealth
UNH
$350B
– –
-1,506,048
Closed -$123M
DO
57
DELISTED
Diamond Offshore Drilling
DO
– –
-22,300
Closed -$1.09M
1 2
3

Similar funds

PCA
Pallas Capital Advisors Braintree, Massachusetts $3.25B AUM 40.07% 1-Year Est. Return
MWM
Meridian Wealth Management Lexington, Kentucky $3.25B AUM 41% 1-Year Est. Return
NCL
Nishkama Capital LLC Dorado, Puerto Rico $3.25B AUM 192.36% 1-Year Est. Return
TAM
Trillium Asset Management Boston, Massachusetts $3.25B AUM 23.6% 1-Year Est. Return
SCM
Steadfast Capital Management New York $3.26B AUM 36.54% 1-Year Est. Return
FFN
Focus Financial Network Minneapolis, Minnesota $3.23B AUM 29.61% 1-Year Est. Return
TMAM
Tokio Marine Asset Management Tokyo, Japan $3.23B AUM 37.2% 1-Year Est. Return
MTIM
Marathon Trading Investment Management Radnor, Pennsylvania $3.23B AUM 31.02% 1-Year Est. Return

Harry Burn's Q2 2014 Portfolio in Review

As of Q2 2014, Harry Burn held 57 positions worth $6.17B, up 6.2% from $5.81B the previous quarter. Its ten largest holdings account for 28% of the portfolio.

Harry Burn's Q2 2014 filing shows 2 new, 32 increased, 7 reduced and 5 closed positions. Its largest new stake was Reliance Steel & Aluminium: 1,959,123 shares worth $144M. The largest sale was UnitedHealth, an estimated $123M.

By sector, the portfolio is most concentrated in Financials at 21% of assets, up from 21% a quarter earlier, followed by Healthcare and Technology.

  • Harry Burn's largest Q2 2014 buy was Reliance Steel & Aluminium: 1,959,123 shares worth $144M.
  • Harry Burn added most to Thermo Fisher Scientific in Q2 2014, an estimated $41.1M increase.
  • Harry Burn's biggest Q2 2014 reduction was Teradata, cutting an estimated $49.3M.
  • Harry Burn fully exited UnitedHealth in Q2 2014, selling an estimated $123M.
  • Harry Burn's ten largest holdings make up 28% of its $6.17B portfolio in Q2 2014.
  • Harry Burn opened 2 new positions and closed 5 in Q2 2014.
  • Harry Burn's portfolio value rose 6.2% quarter-over-quarter to $6.17B.

Based on Sound Shore Management's 13F filing for Q2 2014, filed 11 Aug 2014.