SOUND SHORE MANAGEMENT INC /CT/ 13F: Quarter-over-Quarter Portfolio Changes
SOUND SHORE MANAGEMENT INC /CT/ reported a disclosed portfolio value of approximately $3.0 billion in its latest SEC Form 13F-HR filing for Q1 2026, down 5.0% quarter on quarter. Over the quarter, the manager initiated 13 new positions, bought more shares in 7 holdings, trimmed 20 holdings, and exited 10 positions.
SOUND SHORE MANAGEMENT INC /CT/'s top buy was a new stake in Nxp Semiconductors N V (NXPI) , equal to 2.7% of the disclosed portfolio. Its top sell was Salesforce INC (CRM) . The manager exited the position completely after it had accounted for 3.2% of the previous portfolio.
New PositionsQ1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Portfolio Weight | History |
|---|---|---|---|
| NXP SEMICONDUCTORS N V | NXPI | 2.7% | History → |
| PFIZER | PFE | 2.7% | Holders → |
| AMAZON.COM | AMZN | 2.6% | Holders → |
| VISTRA CORP | VST | 2.4% | Holders → |
| UNITED PARCEL SVCS INC | UPS | 2.4% | Holders → |
| MEDTRONIC PLC | MDT | 2.4% | Holders → |
| BOEING CO | BA | 2.4% | Holders → |
| ICON PLC (ICLR) | ICLR | 2.3% | Holders → |
| OWENS CORNING NEW | OC | 2.1% | Holders → |
| OMNICOM GROUP INC | OMC | 2.1% | Holders → |
| SMURFIT WESTROCK PLC | SW | 2.0% | Holders → |
| PACKAGING CORPORATION OF AMERICA | PKG | 0.4% | Holders → |
| CHEVRON CORP | CVX | 0.1% | Holders → |
Top BuysQ1 2026
The manager's top buys among existing positions in Q1 2026. Ranked by portfolio-weight impact, with the percentage of additional shares shown separately.
| Company | Ticker | Portfolio Weight Change | More Shares | History |
|---|---|---|---|---|
| KYNDRYL HOLDINGS, INC. | KD | +-0.7% | +39.5% | Holders → |
| BANK OF AMER CORP | BAC | +0.6% | +30.9% | History → |
| ZIMMER BIOMET HOLDINGS INC | ZBH | +0.8% | +23.7% | History → |
| CHECK POINT SOFTWARE TECHNOLOGIES LTD. | CHKP | +-0.0% | +22.1% | Holders → |
| GE HEALTHCARE TECHNOLOGIES INC | GEHC | +0.2% | +17.2% | History → |
| MARVELL TECHNOLOGY INC | MRVL | +1.1% | +13.2% | History → |
| DISNEY WALT CO | DIS | +-0.3% | +1.2% | History → |
Top SellsQ1 2026
Showing the top 10 sells among 20 existing positions where the manager sold shares in Q1 2026. Ranked by portfolio-weight impact. Full exits are listed separately.
| Company | Ticker | Portfolio Weight Change | Shares Sold | History |
|---|---|---|---|---|
| KINDER MORGAN, INC. | KMI | -0.8% | 43.5% | Holders → |
| COTERRA ENERGY, INC. | CTRA | -0.2% | 34.9% | Holders → |
| QUALCOMM INC | QCOM | -1.4% | 27.9% | Holders → |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED | PEG | -0.8% | 27.7% | Holders → |
| ALPHABET CL A | GOOGL | -1.0% | 26.9% | Holders → |
| SOUTHWEST AIRLS CO | LUV | -0.8% | 20.6% | Holders → |
| EQT CORP | EQT | 0.0% | 18.6% | Holders → |
| INCYTE CORPORATION | INCY | -0.5% | 17.4% | Holders → |
| CSX CORP | CSX | -0.0% | 16.6% | History → |
| BP PLC SPONSORED ADR | BP | 0.5% | 14.5% | Holders → |
Full ExitsQ1 2026
Positions present in the prior 13F-HR filing that no longer appear in Q1 2026.
| Company | Ticker | Last-Reported Portfolio Weight |
|---|---|---|
| SALESFORCE INC | CRM | 3.2% |
| AES CORP | AES | 3.1% |
| FIDELITY NATL INFORMATION SV | FIS | 2.9% |
| CAPITAL ONE FINL CORP | COF | 2.8% |
| WILLIS TOWERS WATSON PLC LTD | WTW | 2.4% |
| APPLIED MATLS INC | AMAT | 2.3% |
| HUNTINGTON INGALLS INDS INC | HII | 2.2% |
| BARRICK MNG CORP | B | 1.6% |
| WARNER BROS DISCOVERY INC | WBD | 0.9% |
| NEWMONT CORP | NEM | 0.3% |
Net Portfolio Value ChangeQ1 2026
- $3.1BPrior quarter
- $3.0BCurrent quarter
- $-0.2BNet delta
- -5.0%% change
Methodology & FAQ
How SOUND SHORE MANAGEMENT INC /CT/ Quarterly Changes Are Computed
All deltas are sourced from sequential SEC Form 13F-HR filings for SOUND SHORE MANAGEMENT INC /CT/: each row joins the most recent filing against the immediately preceding quarterly filing for the same fund. Share-count changes reflect reported trading activity, while portfolio weights can also move because of market price changes. Portfolio weights are normalized to exclude listed options for comparability. A complete description — including how confidential treatment filings are handled — is documented in the Methodology.
What stocks did SOUND SHORE MANAGEMENT INC /CT/ buy in Q1 2026?
In Q1 2026, SOUND SHORE MANAGEMENT INC /CT/ initiated 13 new positions (NXP SEMICONDUCTORS N V (NXPI), PFIZER (PFE), AMAZON.COM (AMZN), VISTRA CORP (VST), UNITED PARCEL SVCS INC (UPS), MEDTRONIC PLC (MDT), BOEING CO (BA), ICON PLC (ICLR) (ICLR), OWENS CORNING NEW (OC), OMNICOM GROUP INC (OMC), SMURFIT WESTROCK PLC (SW), PACKAGING CORPORATION OF AMERICA (PKG), CHEVRON CORP (CVX)); bought more shares of KYNDRYL HOLDINGS, INC. (KD), BANK OF AMER CORP (BAC), ZIMMER BIOMET HOLDINGS INC (ZBH), CHECK POINT SOFTWARE TECHNOLOGIES LTD. (CHKP), GE HEALTHCARE TECHNOLOGIES INC (GEHC) — the largest 5 of 7 adds.
What stocks did SOUND SHORE MANAGEMENT INC /CT/ sell in Q1 2026?
In Q1 2026, SOUND SHORE MANAGEMENT INC /CT/ fully sold 10 positions (SALESFORCE INC (CRM), AES CORP (AES), FIDELITY NATL INFORMATION SV (FIS), CAPITAL ONE FINL CORP (COF), WILLIS TOWERS WATSON PLC LTD (WTW), APPLIED MATLS INC (AMAT), HUNTINGTON INGALLS INDS INC (HII), BARRICK MNG CORP (B), WARNER BROS DISCOVERY INC (WBD), NEWMONT CORP (NEM)); reduced holdings in KINDER MORGAN, INC. (KMI), COTERRA ENERGY, INC. (CTRA), QUALCOMM INC (QCOM), PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED (PEG), ALPHABET CL A (GOOGL) — the largest 5 of 20 reductions.
Which positions did SOUND SHORE MANAGEMENT INC /CT/ initiate in Q1 2026?
SOUND SHORE MANAGEMENT INC /CT/ established 13 new positions in Q1 2026: NXP SEMICONDUCTORS N V (NXPI, 2.7%), PFIZER (PFE, 2.7%), AMAZON.COM (AMZN, 2.6%), VISTRA CORP (VST, 2.4%), UNITED PARCEL SVCS INC (UPS, 2.4%), MEDTRONIC PLC (MDT, 2.4%), BOEING CO (BA, 2.4%), ICON PLC (ICLR) (ICLR, 2.3%), OWENS CORNING NEW (OC, 2.1%), OMNICOM GROUP INC (OMC, 2.1%), SMURFIT WESTROCK PLC (SW, 2.0%), PACKAGING CORPORATION OF AMERICA (PKG, 0.4%), CHEVRON CORP (CVX, 0.1%).
Which existing positions saw the largest allocation increases for SOUND SHORE MANAGEMENT INC /CT/ in Q1 2026?
Of 7 existing positions with share-count increases in Q1 2026, the largest were: KYNDRYL HOLDINGS, INC. (KD, +-0.7% weight, +39.5% shares), BANK OF AMER CORP (BAC, +0.6% weight, +30.9% shares), ZIMMER BIOMET HOLDINGS INC (ZBH, +0.8% weight, +23.7% shares), CHECK POINT SOFTWARE TECHNOLOGIES LTD. (CHKP, +-0.0% weight, +22.1% shares), GE HEALTHCARE TECHNOLOGIES INC (GEHC, +0.2% weight, +17.2% shares), MARVELL TECHNOLOGY INC (MRVL, +1.1% weight, +13.2% shares), DISNEY WALT CO (DIS, +-0.3% weight, +1.2% shares).
Which positions did SOUND SHORE MANAGEMENT INC /CT/ fully exit in Q1 2026?
SOUND SHORE MANAGEMENT INC /CT/ fully exited 10 positions in Q1 2026: SALESFORCE INC (CRM, last-reported weight 3.2%), AES CORP (AES, last-reported weight 3.1%), FIDELITY NATL INFORMATION SV (FIS, last-reported weight 2.9%), CAPITAL ONE FINL CORP (COF, last-reported weight 2.8%), WILLIS TOWERS WATSON PLC LTD (WTW, last-reported weight 2.4%), APPLIED MATLS INC (AMAT, last-reported weight 2.3%), HUNTINGTON INGALLS INDS INC (HII, last-reported weight 2.2%), BARRICK MNG CORP (B, last-reported weight 1.6%), WARNER BROS DISCOVERY INC (WBD, last-reported weight 0.9%), NEWMONT CORP (NEM, last-reported weight 0.3%).
Which existing positions saw the largest allocation reductions for SOUND SHORE MANAGEMENT INC /CT/ in Q1 2026?
Of 20 existing positions with share-count reductions in Q1 2026, the largest were: KINDER MORGAN, INC. (KMI, -0.8% weight, -43.5% shares), COTERRA ENERGY, INC. (CTRA, -0.2% weight, -34.9% shares), QUALCOMM INC (QCOM, -1.4% weight, -27.9% shares), PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED (PEG, -0.8% weight, -27.7% shares), ALPHABET CL A (GOOGL, -1.0% weight, -26.9% shares), SOUTHWEST AIRLS CO (LUV, -0.8% weight, -20.6% shares), EQT CORP (EQT, 0.0% weight, -18.6% shares), INCYTE CORPORATION (INCY, -0.5% weight, -17.4% shares), CSX CORP (CSX, -0.0% weight, -16.6% shares), BP PLC SPONSORED ADR (BP, 0.5% weight, -14.5% shares).
Do quarter-over-quarter 13F allocation changes constitute explicit trading signals?
No. Quarter-over-quarter changes reflect a combination of active trading and market price movement. A weight increase can result from price appreciation alone, without the manager adding shares. Share-count delta is the cleaner indicator of explicit trading activity. All deltas on this page are sourced from sequential SEC Form 13F-HR filings.