SOUND SHORE MANAGEMENT INC /CT/ — Quarter-over-Quarter 13F Allocation Shifts Q1 2026
In Q1 2026, SOUND SHORE MANAGEMENT INC /CT/ initiated 13 new positions, increased allocation to 7 existing positions, trimmed 10 positions, and exited 10 positions entirely. The fund's 13F equity book declined from $3.14B to $2.98B (-5.0% QoQ) . All deltas are sourced from sequential SEC Form 13F-HR filings; share-count changes reflect explicit trading activity, while weight changes can also include price movement. This page lists every position change reported — the portfolio overview shows a summary of the top shifts.
Net Portfolio Value Change
- $3.14BPrior quarter
- $2.98BCurrent quarter
- $-0.16BNet delta
- -5.0%% change
New Position Initiations Q1 2026
Securities disclosed for the first time in Q1 2026 that were not present in the prior 13F-HR filing.
| Company | Ticker | Initial Allocation Weight | History |
|---|---|---|---|
| NXP SEMICONDUCTORS NV | NXPI | 2.71% | History → |
| PFIZER INC | PFE | 2.70% | Holders → |
| AMAZON COM INC | AMZN | 2.64% | Holders → |
| VISTRA CORP. | VST | 2.42% | Holders → |
| UNITED PARCEL SERVICE INC | UPS | 2.40% | Holders → |
| MEDTRONIC PLC | MDT | 2.40% | Holders → |
| THE BOEING COMPANY | BA | 2.37% | Holders → |
| ICON PLC (ICLR) | ICLR | 2.32% | Holders → |
| OWENS CORNING | OC | 2.15% | Holders → |
| OMNICOM GROUP INC | OMC | 2.13% | Holders → |
| SMURFIT WESTROCK PUBLIC LIMITED COMPANY | SW | 2.02% | Holders → |
| PACKAGING CORPORATION OF AMERICA | PKG | 0.39% | Holders → |
| CHEVRON CORP | CVX | 0.07% | Holders → |
Largest Allocation Increases Q1 2026
Largest portfolio-weight increases in existing positions. Share-count delta is shown separately so price-only re-weighting can be distinguished from active adds.
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| KYNDRYL HOLDINGS, INC. | KD | +-0.69% | +39.46% | Holders → |
| BANK AMERICA CORP | BAC | +0.61% | +30.91% | History → |
| ZIMMER BIOMET HOLDINGS INC | ZBH | +0.75% | +23.68% | History → |
| CHECK POINT SOFTWARE TECHNOLOGIES LTD. | CHKP | +-0.02% | +22.13% | Holders → |
| GE HEALTHCARE TECHNOLOGIES INC. | GEHC | +0.19% | +17.18% | History → |
| MARVELL TECHNOLOGY, INC. | MRVL | +1.07% | +13.19% | History → |
| DISNEY WALT CO | DIS | +-0.34% | +1.22% | History → |
Largest Allocation Reductions Q1 2026
Largest portfolio-weight decreases in existing positions (positions kept open at a lower allocation).
| Company | Ticker | Δ Weight | Δ Shares | History |
|---|---|---|---|---|
| KINDER MORGAN, INC. | KMI | -0.82% | -43.55% | Holders → |
| COTERRA ENERGY, INC. | CTRA | -0.23% | -34.88% | Holders → |
| QUALCOMM INC | QCOM | -1.37% | -27.88% | Holders → |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED | PEG | -0.81% | -27.70% | Holders → |
| ALPHABET INC | GOOGL | -1.02% | -26.90% | Holders → |
| SOUTHWEST AIRLS CO | LUV | -0.79% | -20.58% | Holders → |
| EQT CORPORATION | EQT | 0.05% | -18.58% | Holders → |
| INCYTE CORPORATION | INCY | -0.50% | -17.42% | Holders → |
| CSX CORP | CSX | -0.02% | -16.64% | History → |
| BP PLC SPONSORED ADR | BP | 0.47% | -14.48% | Holders → |
Exited Positions Q1 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 | 3.19% |
| AES CORP | AES | 3.15% |
| FIDELITY NATL INFORMATION SV | FIS | 2.93% |
| CAPITAL ONE FINL CORP | COF | 2.82% |
| WILLIS TOWERS WATSON PLC LTD | WTW | 2.36% |
| APPLIED MATLS INC | AMAT | 2.29% |
| HUNTINGTON INGALLS INDS INC | HII | 2.21% |
| BARRICK MNG CORP | B | 1.60% |
| WARNER BROS DISCOVERY INC | WBD | 0.91% |
| NEWMONT CORP | NEM | 0.28% |
Methodology & FAQ
How SOUND SHORE MANAGEMENT INC /CT/ Quarterly Changes Are Computed
Each row above is computed by joining the most recent 13F-HR filing for SOUND SHORE MANAGEMENT INC /CT/ against the immediately preceding quarterly filing for the same fund. Portfolio weights are normalized to exclude listed options for comparability. A complete description of the methodology — including how confidential treatment filings are handled and why share count rather than weight is the cleaner trading signal — is documented in the Methodology.
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 NV (NXPI, 2.71%), PFIZER INC (PFE, 2.70%), AMAZON COM INC (AMZN, 2.64%), VISTRA CORP. (VST, 2.42%), UNITED PARCEL SERVICE INC (UPS, 2.40%), MEDTRONIC PLC (MDT, 2.40%), THE BOEING COMPANY (BA, 2.37%), ICON PLC (ICLR) (ICLR, 2.32%), OWENS CORNING (OC, 2.15%), OMNICOM GROUP INC (OMC, 2.13%), SMURFIT WESTROCK PUBLIC LIMITED COMPANY (SW, 2.02%), PACKAGING CORPORATION OF AMERICA (PKG, 0.39%), CHEVRON CORP (CVX, 0.07%).
Which existing positions saw the largest allocation increases for SOUND SHORE MANAGEMENT INC /CT/ in Q1 2026?
The largest portfolio-weight increases in existing positions were: KYNDRYL HOLDINGS, INC. (KD, +-0.69% weight, +39.46% shares), BANK AMERICA CORP (BAC, +0.61% weight, +30.91% shares), ZIMMER BIOMET HOLDINGS INC (ZBH, +0.75% weight, +23.68% shares), CHECK POINT SOFTWARE TECHNOLOGIES LTD. (CHKP, +-0.02% weight, +22.13% shares), GE HEALTHCARE TECHNOLOGIES INC. (GEHC, +0.19% weight, +17.18% shares), MARVELL TECHNOLOGY, INC. (MRVL, +1.07% weight, +13.19% shares), DISNEY WALT CO (DIS, +-0.34% weight, +1.22% 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 3.19%), AES CORP (AES, last-reported weight 3.15%), FIDELITY NATL INFORMATION SV (FIS, last-reported weight 2.93%), CAPITAL ONE FINL CORP (COF, last-reported weight 2.82%), WILLIS TOWERS WATSON PLC LTD (WTW, last-reported weight 2.36%), APPLIED MATLS INC (AMAT, last-reported weight 2.29%), HUNTINGTON INGALLS INDS INC (HII, last-reported weight 2.21%), BARRICK MNG CORP (B, last-reported weight 1.60%), WARNER BROS DISCOVERY INC (WBD, last-reported weight 0.91%), NEWMONT CORP (NEM, last-reported weight 0.28%).
Which existing positions saw the largest allocation reductions for SOUND SHORE MANAGEMENT INC /CT/ in Q1 2026?
The largest portfolio-weight reductions in positions kept open were: KINDER MORGAN, INC. (KMI, -0.82% weight, -43.55% shares), COTERRA ENERGY, INC. (CTRA, -0.23% weight, -34.88% shares), QUALCOMM INC (QCOM, -1.37% weight, -27.88% shares), PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED (PEG, -0.81% weight, -27.70% shares), ALPHABET INC (GOOGL, -1.02% weight, -26.90% shares), SOUTHWEST AIRLS CO (LUV, -0.79% weight, -20.58% shares), EQT CORPORATION (EQT, 0.05% weight, -18.58% shares), INCYTE CORPORATION (INCY, -0.50% weight, -17.42% shares), CSX CORP (CSX, -0.02% weight, -16.64% shares), BP PLC SPONSORED ADR (BP, 0.47% weight, -14.48% 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.