PRIMECAP Management believes successful investment decisions rests in correctly appraising the relationship between the fundamental value of a company and the market price of its stock. A company may be valuable because of its free cash flow, its assets, or both; however, a company will be a superior investment only if it is purchased at the right price. Over the past 24 years they have achieved more than 14% a year at Vanguad Primecap Fund. These are their buys and sells.
PRIMECAP Management buys Honeywell International Inc., C.H. Robinson Worldwide Inc., Bristow Group Inc., Cerner Corp., WalMart Stores Inc., BGC Partners, Delta Air Lines Inc., LoopNet Inc., Arris Group Inc, Rex Energy Corp., sells Fluor Corp., NYMEX Holdings Inc., MBIA Inc., IngersollRand Company Ltd., Indymac Bancorp Inc., Pfizer Inc, Embarq Corp., Citadel Broadcasting Corp., eSpeed Inc., Transocean Inc., DreamWorks Animation SKG Inc., WJ Communications Inc., NETEZZA Corp., News Corp., Paychex Inc. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, . PRIMECAP Management owns 258 stocks with a total value of $60.8 billion. These are the details of the buys and sells.
New Purchases: ARRS, BGCP, BRS, CERN, CHRW, DAL, HON, LOOP, REXX, WMT,
Added Positions: ABMD, AIG, AMGN, BBY, BSX, CBI, CMI, CNI, CP, CREE, DIS, DNA, EMC, ERIC, FCX, FLEX, GNTX, HPQ, ILMN, JBL, KBW, KCI, KMX, LLY, MDR, MDT, MF, MMC, MSFT, NVDA, NVS, OII, OSUR, PBI, PCX, PG, ROH, SNDK, TXN, UNP, VIA, VMC, WHR, XLNX,
Reduced Positions: ANR, COP, CVX, DLB, FITB, ISLN, LCC, MFE, MMM, MNST, MTX, POT, SCMR, THQI, TNDM, V, VRGY, WM,
Sold Out: CDL, DWA, EQ, ESPD, FLR, IMB, IR, MBI, NMX, NWS-A, NZ, PAYX, PFE, RIG, WJCI,
For the details of 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PRIMECAP Management
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PRIMECAP Management buys Honeywell International Inc., C.H. Robinson Worldwide Inc., Bristow Group Inc., Cerner Corp., WalMart Stores Inc., BGC Partners, Delta Air Lines Inc., LoopNet Inc., Arris Group Inc, Rex Energy Corp., sells Fluor Corp., NYMEX Holdings Inc., MBIA Inc., IngersollRand Company Ltd., Indymac Bancorp Inc., Pfizer Inc, Embarq Corp., Citadel Broadcasting Corp., eSpeed Inc., Transocean Inc., DreamWorks Animation SKG Inc., WJ Communications Inc., NETEZZA Corp., News Corp., Paychex Inc. during the 3-months ended 06/30/2008, according to the most recent filings of his investment company, . PRIMECAP Management owns 258 stocks with a total value of $60.8 billion. These are the details of the buys and sells.
New Purchases: ARRS, BGCP, BRS, CERN, CHRW, DAL, HON, LOOP, REXX, WMT,
Added Positions: ABMD, AIG, AMGN, BBY, BSX, CBI, CMI, CNI, CP, CREE, DIS, DNA, EMC, ERIC, FCX, FLEX, GNTX, HPQ, ILMN, JBL, KBW, KCI, KMX, LLY, MDR, MDT, MF, MMC, MSFT, NVDA, NVS, OII, OSUR, PBI, PCX, PG, ROH, SNDK, TXN, UNP, VIA, VMC, WHR, XLNX,
Reduced Positions: ANR, COP, CVX, DLB, FITB, ISLN, LCC, MFE, MMM, MNST, MTX, POT, SCMR, THQI, TNDM, V, VRGY, WM,
Sold Out: CDL, DWA, EQ, ESPD, FLR, IMB, IR, MBI, NMX, NWS-A, NZ, PAYX, PFE, RIG, WJCI,
For the details of 's stock buys and sells, go to http://www.gurufocus.com/StockBuy.php?GuruName=PRIMECAP Management
Read the complete article
