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Westport Select Cap Fund Comments on Precision Castparts Corp

July 28, 2014 | About:
Vera Yuan

Vera Yuan

89 followers
Precision Castparts Corp. (PCP), the Fund’s second largest position, was off 6%, costing 61 basis points. There are questions regarding the future organic growth rate of the commercial aircraft industry and the company. This comes despite the company’s continuing profit improvement as it integrates recent acquisitions.

From Westport Asset Management (Trades, Portfolio)’s Westport Select Cap Fund Second Quarter 2014 Commentary.


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