PRIMECAP Management

PRIMECAP Management

Last Update: 12-06-2016

Number of Stocks: 275
Number of New Stocks: 9

Total Value: $100,194 Mil
Q/Q Turnover: 2%

Countries: USA
Details: Top Buys | Top Sales | Top Holdings  Embed:

PRIMECAP Management' s Profile & Performance

Profile

PRIMECAP Management Company was founded in September 1983 in Pasadena, California. It manages Vanguard’s PRIMECAP Fund, Vanguard Capital Opportunity Fund, and Vanguard PRIMECAP Core Fund. It also manages PRIMECAP ODYSSEY FUNDS. PRIMECAP was founded by Chairman and Chief Investment Officer HOWARD B. SCHOW, Vice Chairman MITCHELL J. MILIAS, and President THEO A. KOLOKOTRONES.

Web Page:http://www.primecapmanagement.com/

Investing Philosophy

PRIMECAP team evaluates securities based on their outlook over a three to five year time horizon, with the intention of holding them considerably longer if their fundamentals warrant it. They believe 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. PRIMECAP only invest their highest conviction ideas.

Total Holding History

Performance of Vanguard Primcap Fund

YearReturn (%)S&P500 (%)Excess Gain (%)
20152.581.191.4
201418.7213.695.0
201339.7332.397.3
3-Year Cumulative70.2 (19.4%/year)52.3 (15.1%/year)17.9 (4.3%/year)
201215.2716-0.7
201102.11-2.1
5-Year Cumulative96.2 (14.4%/year)80.4 (12.5%/year)15.8 (1.9%/year)
201012.8915.06-2.2
200934.4526.468.0
2008-32.41-374.6
200711.495.496.0
200612.315.79-3.5
10-Year Cumulative151.9 (9.7%/year)102 (7.3%/year)49.9 (2.4%/year)
20058.494.913.6
200418.3110.887.4
200337.7528.689.1
2002-24.56-22.1-2.5
2001-13.35-11.89-1.5
15-Year Cumulative191.2 (7.4%/year)107.5 (5%/year)83.7 (2.4%/year)
20004.47-9.113.6
199941.3421.0420.3
199825.4128.58-3.2
199736.8333.363.5
199618.3122.96-4.6
20-Year Cumulative772.9 (11.4%/year)381.4 (8.2%/year)391.5 (3.2%/year)
199535.4837.58-2.1
199411.411.3210.1
199318.0310.088.0
19928.997.621.4
199133.1430.472.7
25-Year Cumulative2156.6 (13.3%/year)937.3 (9.8%/year)1219.3 (3.5%/year)
1990-2.81-3.10.3
198921.5831.69-10.1
198814.6816.61-1.9
1987-2.255.1-7.3
198623.5118.64.9
30-Year Cumulative3591.9 (12.8%/year)1824 (10.4%/year)1767.9 (2.4%/year)
198535.6631.64.1

Top Ranked Articles

Mohnish Pabrai Buys Southwest Guru added airline to portfolio in the 3rd quarter
Mohnish Pabrai (Trades, Portfolio) of Pabrai Investment Funds gained a new holding in Southwest Airlines (NYSE:LUV) during the third quarter. Read more...
Monsanto Agrees to Bayer’s Proposal Merger would be largest foreign takeover by a German company
A proposed deal from Bayer (BAYRY) to buy Monsanto (NYSE:MON) was approved Wednesday. The deal will consolidate two of the world’s six agricultural giants. Read more...
Lee Ainslie Invests in Apple, American Airlines Stocks the investor bought during the last 2 quarters
Lee Ainslie (Trades, Portfolio) is founder and CEO of Dallas-based Maverick Capital. He started the firm back in 1993 with $38 million. In both the first and second quarters the guru bought shares in the following stocks: Read more...
Leucadia Opens Positions in FedEx, Adobe System, Broadcom The guru's largest new buys in the 1st quarter
Leucadia National (Trades, Portfolio) bought shares in the following stocks in the first quarter: Read more...
Julian Robertson Sells Delta Air Lines, Alphabet The hedge fund guru's largest 3rd-quarter sales
Julian Robertson (Trades, Portfolio) is considered the father of the hedge fund. He launched his firm Tiger Management in 1980 with $8 million and turned it into over $22 billion in the late 1990s. During the third quarter the guru’s largest sells were the following: Read more...
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Commentaries and Stories

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Julian Robertson Sells Delta Air Lines, Alphabet The hedge fund guru's largest 3rd-quarter sales Julian Robertson,PRIMECAP Management,Warren Buffet - Julian Robertson Sells Delta Air Lines, Alphabet
Julian Robertson (Trades, Portfolio) is considered the father of the hedge fund. He launched his firm Tiger Management in 1980 with $8 million and turned it into over $22 billion in the late 1990s. During the third quarter the guru’s largest sells were the following: More...

  • Currently 3.67/5

Rating: 3.7/5 (3 votes)

A Growth Stock in the Land of Value Stocks? A company with excellent earnings power has pulled back recently, but its debt level may rule it out for value investors PRIMECAP Management,Vanguard Health Care Fund,Larr - A Growth Stock In The Land Of Value Stocks?
Over the past two weeks, the price of Thermo Fisher Scientific Inc. (NYSE:TMO) shares has dropped nearly $20, landing it on the Undervalued Predictable screener list at GuruFocus. More...

UNDERVALUED, PREDICTABLE, DIAGNOSTICS & RESEARCH, LABORATORY EQUIPMENT, GROWTH STOCKS, LONG


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Columbia Wanger's Largest Trades in 3rd Quarter The guru's most significant transactions Columbia Wanger,PRIMECAP Management,Mario Gabelli, - Columbia Wanger's Largest Trades In 3rd Quarter
Columbia funds are managed by Columbia Management Investment Advisers LLC, and Columbia Acorn funds are managed by Columbia Wanger (Trades, Portfolio) Asset Management LLC, a subsidiary of Columbia Management Investment Advisers, LLC. During the third quarter the guru’s largest trades were the following: More...

  • Currently 3.33/5

Rating: 3.3/5 (3 votes)

Mohnish Pabrai Buys Southwest Guru added airline to portfolio in the 3rd quarter Mohnish Pabrai,PRIMECAP Management - Mohnish Pabrai Buys Southwest
Mohnish Pabrai (Trades, Portfolio) of Pabrai Investment Funds gained a new holding in Southwest Airlines (NYSE:LUV) during the third quarter. More...

SOUTHWEST, AIRLINES, TRAVEL, BUY, PABRAI


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John Hussman Boosts Intel, Sells NVIDIA, General Electric The guru's largest trades in the 3rd quarter John Hussman,PRIMECAP Management,Ken Fisher,Barrow - John Hussman Boosts Intel, Sells NVIDIA, General Electric
John Hussman (Trades, Portfolio) is the president and principal shareholder of Hussman Strategic Advisors, the investment advisory firm that manages the Hussman Funds. During the third quarter the guru’s largest trades were the following: More...

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Vanguard Health Care Fund Sells Amgen, Baxter The guru's largest 3rd-quarter sales Vanguard Health Care Fund,PRIMECAP Management,Jim  - Vanguard Health Care Fund Sells Amgen, Baxter
Following its third-quarter report, Vanguard Health Care Fund (Trades, Portfolio) holds 73 stocks with a total value of $46.245 billion. The following are the sales with the largest impacts on its portfolio. More...

  • Currently 3.00/5

Rating: 3.0/5 (1 vote)

Iconic Retailer Could Be Ready for a Comeback If you can tolerate some long-term debt L Brands offers growth and shareholder rewards in a large cap PRIMECAP Management,Barrow Hanley Mewhinney & Stra - Iconic Retailer Could Be Ready For A Comeback
L Brands Inc. (NYSE:LB) is the name, but we’re much more likely to know its starring segment: Victoria’s Secret. Anyone who’s spent time in a shopping mall is likely to recognize the other segments in L Brands' operations: PINK (a component of Victoria’s Secret), Bath & Body Works, La Senza (another intimate apparel retailer) and Henri Bendel, a small retailer of handbags, jewelry and accessories More...

GLOBAL APPAREL STORES, INTIMATE APPAREL, RETAIL, DIVIDENDS, CAPITAL GAINS, VICTORIA’S SECRET, LONG


  • Currently 0.00/5

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Is Shutterfly a Buy? Stock pick from the Great Investors’ Best Ideas Symposium PRIMECAP Management,Mario Cibelli,Jim Simons,Joel - Is Shutterfly A Buy?
At the Great Investors’ Best Ideas Symposium in Dallas on Oct. 18, Caroline Cooley, a partner at Crestline Investors Inc., revealed her current stock pick as Shutterfly (NASDAQ:SFLY). More...

CONSUMER, TECHNOLOGY, PHOTOGRAPHY, BUY, GIBI, DALLAS


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6 Stocks That Are Beating the Market Stocks that have outperformed the benchmark PRIMECAP Management,Frank Sands - 6 Stocks That Are Beating The Market
The following are stocks that outperformed the Standard & Poor's 500 Index over the last 12 months and were bought by gurus during the last quarter. More...

S&P, STOCKS


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PRIMECAP Adds to Trimble, NN Inc. Firm adds to positions in technology and industrial products stocks PRIMECAP Management,Ruane Cunniff,Meridian Funds,J - PRIMECAP Adds To Trimble, NN Inc.
PRIMECAP Management (Trades, Portfolio) added to its positions in Trimble Inc. (NASDAQ:TRMB) and NN Inc. (NASDAQ:NNBR) on Sept. 30. More...

PRIMECAP, BUY, ADD, TECHNOLOGY, INDUSTRIALS


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10 Stocks PRIMECAP Keeps Buying Firm's repeat purchases in the last 2 quarters PRIMECAP Management - 10 Stocks PRIMECAP Keeps Buying
PRIMECAP Management (Trades, Portfolio) was founded in September 1983 in Pasadena, California. It manages a portfolio composed of 273 stocks with a total value of $93,917 million. In both the first and second quarters, the firm bought shares in the following stocks. More...

BUYS, REPEAT, PRIMECAP


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Rating: 5.0/5 (1 vote)

Monsanto Agrees to Bayer’s Proposal Merger would be largest foreign takeover by a German company PRIMECAP Management,Larry Robbins,Frank Sands,Ken  - Monsanto Agrees To Bayer’s Proposal
A proposed deal from Bayer (BAYRY) to buy Monsanto (NYSE:MON) was approved Wednesday. The deal will consolidate two of the world’s six agricultural giants. More...

MERGER, GERMANY, UNITED STATES, AGRICULTURE


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Lee Ainslie Invests in Apple, American Airlines Stocks the investor bought during the last 2 quarters Lee Ainslie,PRIMECAP Management,Pioneer Investment - Lee Ainslie Invests In Apple, American Airlines
Lee Ainslie (Trades, Portfolio) is founder and CEO of Dallas-based Maverick Capital. He started the firm back in 1993 with $38 million. In both the first and second quarters the guru bought shares in the following stocks: More...

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Daniel Loeb Exits Amgen, Trims Dow Chemical Guru's largest sales of the 2nd quarter Daniel Loeb,PRIMECAP Management,Vanguard Health Ca - Daniel Loeb Exits Amgen, Trims Dow Chemical
Daniel Loeb (Trades, Portfolio) founded Third Point LLC in 1995 and leads the firm’s research activities, portfolio and risk management. During the second quarter the guru's largest sales were as follows: More...

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High Yield and Profitability: RF Industries, TJX Companies Both exhibit steady ROE and ROA for over five years Jim Simons,PRIMECAP Management - High Yield And Profitability: RF Industries, TJX Companies
Thanks to GuruFocus’ All-In-One Screener, we can highlight stocks that have growing dividend yields with sustainable payout ratios. This sustainability is linked to a company having long-term profitability and a very strong financial situation. More...

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Southwest CEO Buys Stock in Airline Purchase comes in the midst of turmoil T Rowe Price Equity Income Fund,PRIMECAP Managemen - Southwest CEO Buys Stock In Airline
In the midst of unions calling for his ousting, Gary Kelly, CEO of Southwest Airlines (NYSE:LUV) bought shares in the company on Aug. 2. More...

AIRLINES, TRAVEL, UNIONS


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PRIMECAP Sells Portions of 3 Stakes Guru sells shares of Texas Instruments, Trimble Navigation and Accuray PRIMECAP Management - PRIMECAP Sells Portions Of 3 Stakes
PRIMECAP Management (Trades, Portfolio) trimmed its stakes in three companies – Texas Instruments Inc. (NASDAQ:TXN), Trimble Navigation Ltd. (NASDAQ:TRMB) and Accuray Inc. (NASDAQ:ARAY) – on July 31. More...

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Bargain Stocks With Low P/E DCF calculator gives companies wide margins of safety Barrow Hanley Mewhinney & Strauss,PRIMECAP Managem - Bargain Stocks With Low P/E
The following stocks are trading with wide margins of safety, according to the DCF calculator, and some of them have very low P/E ratios. GuruFocus' All-in-One Screener can be used to find similar stocks. More...

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Bed Bath & Beyond Among Companies With Growing EPS A review of stocks with strong EPS that are undervalued HOTCHKIS & WILEY,PRIMECAP Management,Jeremy Granth - Bed Bath & Beyond Among Companies With Growing EPS
Companies with growing EPS are often good investments as they can return a good profit to investors. Here is a selection of the most undervalued companies, according to the DCF calculator, that have a five-year growing EPS. More...

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First Eagle Investment Sells Intel, Microsoft in 1st Quarter The firm's largest sales in the quarter First Eagle Investment,PRIMECAP Management,Barrow  - First Eagle Investment Sells Intel, Microsoft In 1st Quarter
First Eagle Investment (Trades, Portfolio) is an independent firm with approximately $94 billion in assets under management. During the first quarter the fund sold stakes in the following stocks: More...

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