# Sound Shore Management: 13F portfolio, Q2 2026

Investment firm, Greenwich.

Source: SEC Form 13F filed 2026-08-12 for the quarter ended 2026-06-30: https://www.sec.gov/Archives/edgar/data/820124/000119312526346754/0001193125-26-346754-index.htm
Values are as the manager reported them in the filing, not current market prices.
Page: https://valuepeg.com/managers/sound-shore-management
Updated: 2026-08-12 · Next filing due by 2026-11-14

## Summary
- Reported value: $3.2B (Q1 2026: $3.0B)
- Positions: 40 (Q1 2026: 40)
- Top 10 holdings: 32.4% of the portfolio
- This quarter: 7 new, 15 added to, 18 trimmed, 7 sold out

## What Sound Shore Management did in Q2 2026
Sound Shore Management opened 7 new positions, the largest American Airlines Group, Elevance Health and TE Connectivity. It sold out of 7 positions, among them Marvell Technology, Coterra Energy and Check Point Software Technologies. Teva Pharmaceutical Industries is still the largest holding, at 4.0% of the portfolio.

## Biggest buys
- American Airlines Group (AAL): New
- Elevance Health (ELV): New
- TE Connectivity (TEL): New
- Thermo Fisher Scientific (TMO): New
- National Fuel Gas (NFG): New

## Biggest sells
- Marvell Technology (MRVL): Sold out
- Coterra Energy (CTRA): Sold out
- Check Point Software Technologies (CHKP): Sold out
- Albertsons Companies (ACI): Sold out
- Icon (ICLR): Sold out

## Top 15 holdings
| # | Company | Ticker | % of portfolio | Reported value | Change vs Q1 2026 | Held since |
|---|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | TEVA | 4.0% | $128.9M | −2% | Q3 2024 or earlier |
| 2 | Southwest Airlines | LUV | 3.9% | $125.5M | +22% | Q4 2024 |
| 3 | Bank Of America | BAC | 3.6% | $116.1M | −1% | Q2 2025 |
| 4 | American Airlines Group | AAL | 3.3% | $107.6M | New | Q2 2026 |
| 5 | Berkshire Hathaway | BRK-B | 3.1% | $102.0M | +2% | Q3 2024 or earlier |
| 6 | Qualcomm | QCOM | 3.1% | $101.2M | +29% | Q3 2025 |
| 7 | Elevance Health | ELV | 2.9% | $94.2M | New | Q3 2024 or earlier |
| 8 | Walt Disney | DIS | 2.9% | $93.2M | −0.3% | Q3 2024 or earlier |
| 9 | Owens Corning | OC | 2.9% | $92.9M | −1% | Q1 2026 |
| 10 | Pfizer | PFE | 2.8% | $92.0M | +33% | Q3 2024 or earlier |
| 11 | Vistra | VST | 2.8% | $91.6M | +20% | Q3 2024 or earlier |
| 12 | TE Connectivity | TEL | 2.8% | $90.2M | New | Q2 2026 |
| 13 | Qxo | QXO | 2.8% | $89.8M | +32% | Q4 2025 |
| 14 | Boeing | BA | 2.7% | $88.1M | +15% | Q1 2026 |
| 15 | United Parcel Service | UPS | 2.7% | $86.2M | +10% | Q1 2026 |

25 more positions and every quarter's holdings are on Valuepeg for members: https://valuepeg.com/managers/sound-shore-management

## Other value investors
- Southeastern Asset Management (Longleaf): https://valuepeg.com/managers/southeastern-asset-management
- Starboard Value: https://valuepeg.com/managers/starboard-value
- TCI Fund Management: https://valuepeg.com/managers/tci-fund-management
- Third Avenue Management: https://valuepeg.com/managers/third-avenue
- Third Point (Dan Loeb): https://valuepeg.com/managers/third-point

## About this data
- **What is a 13F?** A quarterly report to the SEC in which an investment manager with over $100 million in US-listed stocks lists what it holds.
- **How current is it?** Managers file up to 45 days after each quarter ends, so the holdings may have changed since.
- **Whose figures are these?** The values are as the manager reported them in the filing, not today's prices. The SEC lets a manager keep some positions confidential for a time, and those are not in the filing.
- **What does it leave out?** Short positions, cash, bonds and most holdings outside US markets. Options are left out here too.

Not investment advice.