SSM
HES

Sound Shore Management’s Hess HES Stock Holding History

Sound Shore Management’s Portfolio HES Stock Details HES Fund Activity
Bought
Maintained
Sold
Quarter Market Value Status Shares Change in
Stake 		Trade Value Portfolio Weight Portfolio Position
2015
Q1 		– Sell
-1,929,012
Closed -$142M – 39
2014
Q4 		$142M Buy
1,929,012
+331,919
+21% +$26.3M 2.24% 34
2014
Q3 		$151M Sell
1,597,093
-248,253
-13% -$24.5M 2.43% 26
2014
Q2 		$182M Buy
1,845,346
+11,392
+0.6% +$1.03M 2.96% 1
2014
Q1 		$152M Buy
1,833,954
+94,166
+5% +$7.48M 2.61% 7
2013
Q4 		$144M Buy
1,739,788
+277,303
+19% +$22.5M 2.43% 18
2013
Q3 		$113M Buy
+1,462,485
New +$109M 2.1% 33

Other funds holding HES

EM
Elliott Management New York $11.8B AUM 20.29% 1-Year Est. Return
Vanguard Group
Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return
T. Rowe Price Associates
T. Rowe Price Associates Baltimore, Maryland $865B AUM 30.76% 1-Year Est. Return
State Street
State Street Boston, Massachusetts $2.9T AUM 29.55% 1-Year Est. Return
AllianceBernstein
AllianceBernstein Nashville, Tennessee $309B AUM 23.92% 1-Year Est. Return
Wellington Management Group
Wellington Management Group Boston, Massachusetts $535B AUM 26.23% 1-Year Est. Return
CS
Credit Suisse Zurich, Switzerland $104B AUM 34.76% 1-Year Est. Return
MNA
Manning & Napier Advisors Fairport, New York $7.09B AUM 17.35% 1-Year Est. Return
BIT
BlackRock Institutional Trust San Francisco, California $675B AUM 16.07% 1-Year Est. Return
Bank of America
Bank of America Charlotte, North Carolina $1.37T AUM 24.88% 1-Year Est. Return

Sound Shore Management's HES Position: Q1 2015 in Review

Sound Shore Management sold out of Hess (HES) in Q1 2015, closing a stake of 1,929,012 shares — an estimated $142M sold.

Sound Shore Management first reported a position in HES in Q3 2013 and held it in 6 quarters. The position peaked at $182M in Q2 2014. 584 funds tracked by Wall St. Rank hold HES as of Q1 2015.

  • Sound Shore Management reported no remaining Hess position as of Q1 2015 after selling out during the quarter.
  • Sound Shore Management sold 1,929,012 Hess shares in Q1 2015, an estimated $142M.
  • Sound Shore Management first reported a position in Hess in Q3 2013 and held it in 6 quarters.
  • Sound Shore Management's Hess position peaked at $182M in Q2 2014.
  • 584 funds tracked by Wall St. Rank held Hess as of Q1 2015.

Based on Sound Shore Management's 13F filing for Q1 2015, filed 8 May 2015.