Latest PRIMECAP MANAGEMENT CO/CA/ Stock Portfolio

PRIMECAP MANAGEMENT CO/CA/ Performance:

2024 Q3: -0.42%YTD: 12.26%2023: 21.61%

Performance for 2024 Q3 is -0.42%, and YTD is 12.26%, and 2023 is 21.61%.

About PRIMECAP MANAGEMENT CO/CA/ and 13F Hedge Fund Stock Holdings

PRIMECAP MANAGEMENT CO/CA/ is a hedge fund based in PASADENA, CA. On 29-Mar-2023, the fund reported that it had an AUM (Regulated Assets under Management) of $117.2 Billions. In it's latest 13F Holdings report, PRIMECAP MANAGEMENT CO/CA/ reported an equity portfolio of $136 Billions as of 30 Sep, 2024.

The top stock holdings of PRIMECAP MANAGEMENT CO/CA/ are LLY, AMGN, MSFT. The fund has invested 11.5% of it's portfolio in ELI LILLY & CO and 3.4% of portfolio in AMGEN INC.

The fund managers got completely rid off LOWES COS INC (LOW), OMNICELL COM (OMCL) and VERALTO CORP stocks. They significantly reduced their stock positions in LPL FINL HLDGS INC (LPLA), FIVE BELOW INC (FIVE) and ETSY INC (ETSY). PRIMECAP MANAGEMENT CO/CA/ opened new stock positions in AMENTUM HOLDINGS INC, E L F BEAUTY INC (ELF) and COMERICA INC (CMA). The fund showed a lot of confidence in some stocks as they added substantially to DECKERS OUTDOOR CORP (DECK), RYANAIR HOLDINGS PLC (RYAAY) and US FOODS HLDG CORP (USFD).

PRIMECAP MANAGEMENT CO/CA/ Annual Return Estimates Vs S&P 500

Our best estimate is that PRIMECAP MANAGEMENT CO/CA/ made a return of -0.42% in the last quarter. In trailing 12 months, it's portfolio return was 20.66%.

New Buys

Ticker	$ Bought
amentum holdings inc	169,999,000
e l f beauty inc	34,917,400
comerica inc	26,630,000
bellring brands inc	16,843,200
vse corp	11,015,700
onestream inc	9,017,400
savers value vlg inc	651,188

New stocks bought by PRIMECAP MANAGEMENT CO/CA/

Additions

Ticker	% Inc.
deckers outdoor corp	500
ryanair holdings plc	148
us foods hldg corp	145
zoominfo technologies inc	97.6
indie semiconductor inc	61.41
10x genomics inc	58.14
chart inds inc	56.7
conocophillips	48.89

Additions to existing portfolio by PRIMECAP MANAGEMENT CO/CA/

Reductions

Ticker	% Reduced
lpl finl hldgs inc	-82.55
five below inc	-66.06
etsy inc	-60.98
loar holdings inc	-56.8
danaher corporation	-52.29
adaptive biotechnologies cor	-47.99
esab corporation	-44.29
evercore inc	-42.02

PRIMECAP MANAGEMENT CO/CA/ reduced stake in above stock

Sold off

Ticker	$ Sold
lowes cos inc	-27,557,500
omnicell com	-2,998,520
veralto corp	-922,908

PRIMECAP MANAGEMENT CO/CA/ got rid off the above stocks

Sector Distribution

PRIMECAP MANAGEMENT CO/CA/ has about 28.1% of it's holdings in Technology sector.

Sector	%
Technology	28.1
Healthcare	26.7
Industrials	11
Others	10.4
Financial Services	7.4
Consumer Cyclical	7.2
Communication Services	5.1
Energy	2.3

Market Cap. Distribution

PRIMECAP MANAGEMENT CO/CA/ has about 84% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	51.6
MEGA-CAP	32.4
UNALLOCATED	10.5
MID-CAP	4.8

Stocks belong to which Index?

About 81.1% of the stocks held by PRIMECAP MANAGEMENT CO/CA/ either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	79.4
Others	18.9
RUSSELL 2000	1.7

Top 5 Winners (%)		%
AUR	aurora innovation inc	113.7 %
PRM	perimeter solutions sa	71.4 %
WVE	wave life sciences ltd	62.8 %
EXAS	exact sciences corp	61.2 %
XMTR	xometry inc	57.5 %

Top 5 Winners ($)		$
TSLA	tesla inc	559.2 M
BGNE	beigene ltd	407.7 M
ORCL	oracle corp	368.9 M
BSX	boston scientific corp	257.0 M
BMY	bristol-myers squibb co	239.5 M

Top 5 Losers (%)		%
DECK	deckers outdoor corp	-82.5 %
WOLF	wolfspeed inc	-56.5 %
FGEN	fibrogen inc	-55.2 %
NFE	new fortress energy inc	-52.8 %
MBLY	mobileye global inc	-51.0 %

Top 5 Losers ($)		$
MU	micron technology inc	-1041.2 M
BIIB	biogen inc	-620.3 M
INTC	intel corp	-585.2 M
LLY	eli lilly & co	-350.3 M
FDX	fedex corp	-333.1 M

PRIMECAP MANAGEMENT CO/CA/ Holdings Map

This heatmap illustrates the top 50 positions within the fund's portfolio.

Current Stock Holdings of PRIMECAP MANAGEMENT CO/CA/

PRIMECAP MANAGEMENT CO/CA/ has 336 stocks in it's portfolio. About 35.8% of the portfolio is in top 10 stocks. MU proved to be the most loss making stock for the portfolio. TSLA was the most profitable stock for PRIMECAP MANAGEMENT CO/CA/ last quarter.

Last Reported on: 08 Nov, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.21	1,905,840	282,979,000	reduced	-2.59

AAL	american airls group inc	0.47	57,339,700	644,498,000	added	0.81

AAPL	apple inc	0.39	2,260,500	526,697,000	added	0.43

ABT	abbott labs	0.08	919,460	104,828,000	reduced	-1.23

ACLS	axcelis technologies inc	0.07	974,436	102,170,000	reduced	-1.55

ACM	aecom	0.95	12,511,200	1,292,030,000	reduced	-3.92

ADBE	adobe inc	2.16	5,681,100	2,941,560,000	reduced	-0.95

ADI	analog devices inc	0.61	3,578,150	823,583,000	reduced	-0.67

ADPT	adaptive biotechnologies cor	0.00	76,030	389,274	reduced	-47.99

ADSK	autodesk inc	0.14	680,820	187,552,000	added	3.8

ALB	albemarle corp	0.27	3,833,980	363,117,000	added	0.55

ALGT	allegiant travel co	0.00	41,150	2,265,720	unchanged	0.00

ALK	alaska air group inc	0.13	3,852,350	174,165,000	reduced	-0.26

ALKS	alkermes plc	0.07	3,297,120	92,286,200	reduced	-2.62

ALLO	allogene therapeutics inc	0.01	5,668,260	15,871,100	reduced	-0.03

ALTR	altair engr inc	0.02	322,493	30,801,300	reduced	-6.36

AMAT	applied matls inc	0.41	2,742,280	554,078,000	reduced	-3.95

AMBA	ambarella inc	0.00	29,400	1,658,310	reduced	-2.33

AME	ametek inc	0.04	355,900	61,111,600	added	0.99

AMGN	amgen inc	3.38	14,255,900	4,593,410,000	reduced	-1.32