Sound Shore Fund’s Q3 2023 Investor Letter

Sound Shore Management, an investment management firm, has released its investor letter for the third quarter of 2023. A copy of the same can be downloaded here. In the third quarter, the Sound Shore Fund Investor Class (SSHFX) and Institutional Class (SSHVX) declined 2.01% and 1.94%, respectively outperforming the Russell 1000 Value Index (Russell Value) which declined 3.16%. The three-year annualized gains for SSHFX and SSHVX were 11.83% and 12.05%, respectively, ahead of the Russell Value’s 11.05%. In addition, please check the fund’s top five holdings to know its best picks in 2023.