Latest PRIMECAP MANAGEMENT CO/CA/ Stock Portfolio

$138Billion– No. of Holdings #332

PRIMECAP MANAGEMENT CO/CA/ Performance:

2024 Q2: 3.82%YTD: 12.74%2023: 21.61%

Performance for 2024 Q2 is 3.82%, and YTD is 12.74%, 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 $138.1 Billions as of 30 Jun, 2024.

The top stock holdings of PRIMECAP MANAGEMENT CO/CA/ are LLY, MU, KLAC. The fund has invested 12.9% of it's portfolio in ELI LILLY & CO and 3.6% of portfolio in MICRON TECHNOLOGY INC.

The fund managers got completely rid off PIONEER NAT RES CO (PXD), SHOCKWAVE MED INC (SWAV) and ASSETMARK FINL HLDGS INC (AMK) stocks. They significantly reduced their stock positions in ESAB CORPORATION (ESAB), VERALTO CORP and JAMF HLDG CORP (JAMF). PRIMECAP MANAGEMENT CO/CA/ opened new stock positions in EXXON MOBIL CORP (XOM), GRAIL INC and CASEYS GEN STORES INC (CASY). The fund showed a lot of confidence in some stocks as they added substantially to IMMUNOCORE HLDGS PLC (IMCR), ILLUMINA INC (ILMN) and GITLAB INC (GTLB).

PRIMECAP MANAGEMENT CO/CA/ Equity Portfolio Value

Last Reported on: 09 Aug, 2024

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

Our best estimate is that PRIMECAP MANAGEMENT CO/CA/ made a return of 3.82% in the last quarter. In trailing 12 months, it's portfolio return was 20.71%.

New Buys

Ticker	$ Bought
exxon mobil corp	980,210,000
grail inc	28,669,300
caseys gen stores inc	24,114,600
chart inds inc	14,333,000
ibotta inc	9,231,900
us foods hldg corp	6,203,900
li-cycle holdings corp	2,677,460
loar holdings inc	1,036,150

New stocks bought by PRIMECAP MANAGEMENT CO/CA/

Additions

Ticker	% Inc.
immunocore hldgs plc	3,841
illumina inc	462
gitlab inc	269
flywire corporation	253
performance food group co	223
paypal hldgs inc	180
ringcentral inc	166
zoominfo technologies inc	152

Additions to existing portfolio by PRIMECAP MANAGEMENT CO/CA/

Reductions

Ticker	% Reduced
esab corporation	-86.5
veralto corp	-64.34
jamf hldg corp	-54.24
matson inc	-49.38
arista networks inc	-41.26
discover finl svcs	-39.62
valero energy corp	-34.1
rapid7 inc	-31.49

PRIMECAP MANAGEMENT CO/CA/ reduced stake in above stock

Sold off

Ticker	$ Sold
pioneer nat res co	-1,139,920,000
li-cycle holdings corp	-3,378,610
shockwave med inc	-90,124,600
assetmark finl hldgs inc	-9,762,540
tenable hldgs inc	-5,382,930
freshworks inc	-1,975,780
safehold inc	-1,104,160
bloom energy corp	-557,504

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

Sector Distribution

PRIMECAP MANAGEMENT CO/CA/ has about 29.6% of it's holdings in Technology sector.

Sector	%
Technology	29.6
Healthcare	27.5
Industrials	10.6
Others	9.1
Financial Services	7.3
Consumer Cyclical	6.5
Communication Services	5.4
Energy	2.5

Market Cap. Distribution

PRIMECAP MANAGEMENT CO/CA/ has about 85.5% of it's portfolio invested in the large-cap and mega-cap stocks.

Category	%
LARGE-CAP	52.4
MEGA-CAP	33.1
UNALLOCATED	9.1
MID-CAP	4.6

Stocks belong to which Index?

About 82.8% of the stocks held by PRIMECAP MANAGEMENT CO/CA/ either belong to S&P 500 or RUSSELL 2000 index.

Index	%
S&P 500	81.2
Others	17.2
RUSSELL 2000	1.6

Top 5 Winners (%)		%
CRDO	credo technology group holdi	48.5 %
SNAP	snap inc	44.7 %
NRIX	nurix therapeutics inc	41.8 %
GH	guardant health inc	40.0 %
EAT	brinker intl inc	38.3 %

Top 5 Winners ($)		$
LLY	eli lilly & co	2507.4 M
NVDA	nvidia corporation	714.4 M
KLAC	kla corp	703.9 M
GOOG	alphabet inc	595.4 M
MU	micron technology inc	511.7 M

Top 5 Losers (%)		%
ZNTL	zentalis pharmaceuticals inc	-73.7 %
FGEN	fibrogen inc	-61.5 %
HTZ	hertz global hldgs inc	-54.9 %
ALLO	allogene therapeutics inc	-47.1 %
IMNM	immunome inc	-46.6 %

Top 5 Losers ($)		$
INTC	intel corp	-1004.8 M
BMY	bristol-myers squibb co	-296.1 M
AAL	american airls group inc	-203.9 M
DIS	disney walt co	-150.4 M
MAT	mattel inc	-138.5 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 332 stocks in it's portfolio. About 39% of the portfolio is in top 10 stocks. INTC proved to be the most loss making stock for the portfolio. LLY was the most profitable stock for PRIMECAP MANAGEMENT CO/CA/ last quarter.

Last Reported on: 09 Aug, 2024

Ticker	Namesorted ascending	% Portfolio	Shares Held	$ Value	Type	% Change
A	agilent technologies inc	0.18	1,956,570	253,630,000	reduced	-1.9

AAL	american airls group inc	0.47	56,881,400	644,466,000	added	34.37

AAPL	apple inc	0.34	2,250,800	474,063,000	added	19.04

ABT	abbott labs	0.07	930,926	96,732,500	reduced	-1.21

ACLS	axcelis technologies inc	0.10	989,796	140,739,000	reduced	-2.29

ACM	aecom	0.83	13,021,900	1,147,750,000	reduced	-3.01

ADBE	adobe inc	2.31	5,735,710	3,186,420,000	reduced	-2.11

ADI	analog devices inc	0.60	3,602,310	822,263,000	reduced	-0.71

ADPT	adaptive biotechnologies cor	0.00	146,190	529,208	unchanged	0.00

ADSK	autodesk inc	0.12	655,900	162,302,000	added	8.16

ALB	albemarle corp	0.26	3,813,050	364,223,000	added	2.36

ALGT	allegiant travel co	0.00	41,150	2,066,960	reduced	-1.91

ALK	alaska air group inc	0.11	3,862,550	156,047,000	unchanged	0.00

ALKS	alkermes plc	0.06	3,385,800	81,597,700	reduced	-2.52

ALLO	allogene therapeutics inc	0.01	5,670,230	13,211,600	added	4.07

ALTR	altair engr inc	0.02	344,403	33,779,000	reduced	-7.7

AMAT	applied matls inc	0.49	2,855,180	673,795,000	reduced	-5.11

AMBA	ambarella inc	0.00	30,100	1,623,900	reduced	-3.83

AME	ametek inc	0.04	352,400	58,748,600	reduced	-8.92

AMGN	amgen inc	3.27	14,447,100	4,514,000,000	reduced	-1.06