PRIMECAP Management

PRIMECAP Management

Last Update: 2014-02-13

Number of Stocks: 257
Number of New Stocks: 15

Total Value: $83,205 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 (%)
201339.7331.558.2
201215.2715.4-0.1
201102.08-2.1
3-Year Cumulative61.1 (17.2%/year)55 (15.7%/year)6.1 (1.5%/year)
201012.8915.06-2.2
200934.4526.468.0
5-Year Cumulative144.5 (19.6%/year)125.5 (17.7%/year)19 (1.9%/year)
2008-32.41-374.6
200711.495.615.9
200612.315.79-3.5
20058.494.913.6
200418.31126.3
10-Year Cumulative165.5 (10.3%/year)104.1 (7.4%/year)61.4 (2.9%/year)
200337.7528.79.0
2002-24.56-22.1-2.5
2001-13.35-11.9-1.5
20004.47-9.113.6
199941.342120.3
15-Year Cumulative253.1 (8.8%/year)98.3 (4.7%/year)154.8 (4.1%/year)
199825.4128.6-3.2
199736.8333.43.4
199618.3123-4.7
199535.4837.6-2.1
199411.411.310.1
20-Year Cumulative981.9 (12.6%/year)483.2 (9.2%/year)498.7 (3.4%/year)
199318.0310.17.9
19928.997.61.4
199133.1430.52.6
1990-2.81-3.10.3
198921.5831.7-10.1
25-Year Cumulative2089.6 (13.1%/year)1050.7 (10.3%/year)1038.9 (2.8%/year)
198814.6816.6-1.9
1987-2.255.1-7.3
198623.5118.64.9
198535.6631.64.1

Top Ranked Articles

PRIMECAP Publishes Annual Letter; Top Holdings: AMGN, LLY, NVS, FDX, GOOG, DTV
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. The firm does not seem surprise clients either way, but over a long period, it manage to beat the S&P by a couple of percent. Here is the performance of one of the funds the firm manages: Read more...
PRIMECAP Management Top Purchases: Amgen Inc., The Boeing Company, Telefonaktiebolaget LM Ericsson Telephone Company, Electronic Arts Inc., Eli Lilly and Company PRIMECAP Management Top Purchases: AMGN, BA, ERIC, ERTS, LLY
(Gurufocus, November 22, 2009) In the earlier article, we stated that the mega-Fund manager PRIMECAP Management found value in the healthcare sector. As it turns out, many of the positions in the top holdings are relatively new. Read more...
New Guru Added: PRIMECAP Management
GuruFocus is very glad to announce that PRIMECAP Management Company has been added into our List of Gurus. Read more...
Weekly Guru Bargains Highlights: NVDA, TQNT, CRUS, FNSR, MWW
Last week’s top five guru bargain stocks were NVDA, TQNT, CRUS, FNSR, and MWW. According to GuruFocus updates, these stocks have declined the most since Gurus have bought. Read more...
Weekly CEO Buys Highlight: PCYC, HLX, FSC, CREG, BTX
Last week’s top five stocks that were bought by their CEOs were PCYC, HLX, FSC, CREG, and BTX. According to GuruFocus Insider Data, these are the largest CEO buys during the past week. Read more...
» More PRIMECAP Management Articles

Commentaries and Stories

  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Weekly 3-Year Low Highlights: VHI, NMBL, BNFT, IIVI
According to GuruFocus list of three-year lows; Valhi Inc., Nimble Storage Inc., Benefitfocus Inc., and II-VI Inc. have all reached their three-year lows. More...

WEEKLY, 3, YEAR, LOW, HIGHLIGHT


  • Currently 0.00/5

Rating: 0.0/5 (0 votes)

Weekly 3-Year Low Highlights: CHRW, EPB, BTE, PPO
According to GuruFocus list of 3-year lows; CH Robinson Worldwide Inc, El Paso Pipeline Partners LP, Baytex Energy Corp, and Polypore International Inc have all reached their 3-year lows. More...

WEEKLY, 3, YEAR, LOW, HIGHLIGHTS


  • Currently 2.67/5

Rating: 2.7/5 (3 votes)

Guru Stocks at 52-Week Lows: TLK, GLD, SO, KMP, EXC
 According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

  • Currently 2.00/5

Rating: 2.0/5 (4 votes)

Weekly Three-Year Low Highlight: CVE, ALTR, BWP, SALE
According to GuruFocus list of 3-year lows; Cenovus Energy Inc., Altera Corp., Boardwalk Pipeline Partners LP and RetailMeNot Inc. have all reached their three-year lows. More...

WEEKLY, 3, YEAR, LOW, HIGHLIGHT


  • Currently 2.00/5

Rating: 2.0/5 (1 vote)

Weekly CEO Buys Highlight: JMP, AKAM, FSFR, MRCC, TROX
According to GuruFocus Insider Data , these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

  • Currently 3.50/5

Rating: 3.5/5 (2 votes)

Guru Stocks at 52-Week Lows: EBAY, SO, EXC, KOF, VIV
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

  • Currently 3.75/5

Rating: 3.8/5 (4 votes)

Top Five Guru-Held Industrial Stocks Brian Rogers,PRIMECAP Management - Top Five Guru-Held Industrial Stocks
Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which industrials companies are held by the most gurus. As of the second quarter, the following five consumer industrial-based stocks are held by the largest number of gurus. More...

  • Currently 3.00/5

Rating: 3.0/5 (5 votes)

Top Five Guru-Held Technology Stocks Jeremy Grantham,PRIMECAP Management - Top Five Guru-Held Technology Stocks
Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which technology companies are held by the most gurus. As of the second quarter, the following five tech stocks are held by the largest number of gurus. [b] More...

  • Currently 3.50/5

Rating: 3.5/5 (6 votes)

Top Five Guru-Held S&P 500 Companies PRIMECAP Management,Jeremy Grantham - Top Five Guru-Held S&P 500 Companies
Using the GuruFocus Aggregated Portfolio Screener you can filter results to see what companies maintain the highest amount of guru ownership. By using this screener, we filtered down to see which S&P 500 companies are held by the most gurus. As of the second quarter, the following five S&P 500 companies are held by the largest number of gurus. [b] More...

  • Currently 4.00/5

Rating: 4.0/5 (1 vote)

Weekly CEO Buys Highlight: AXS, BH, ZFC, CVGI, TUES
According to GuruFocus Insider Data, these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

  • Currently 3.25/5

Rating: 3.3/5 (4 votes)

Top Five Stocks Held by International Gurus Tom Russo,PRIMECAP Management - Top Five Stocks Held By International Gurus
By using GuruFocus’ Aggregated Portfolio Screener, we filtered through the gurus to see what stocks were the most popular amongst the 21 international gurus. The top five most popular stocks are all held by at least five international gurus. [b] More...

  • Currently 2.80/5

Rating: 2.8/5 (5 votes)

Weekly CEO Buys Highlight: IDTI, VAC, UAL, KRO, HSII
According to GuruFocus Insider Data , these are the largest CEO buys during the past week. The overall trend of CEOs is illustrated in the chart below: More...

  • Currently 2.75/5

Rating: 2.8/5 (4 votes)

PRIMECAP Trims Top Biotechs and More
Founded in 1983, PRIMECAP Management’s portfolio currently lists 251 stocks, nine of them new, with a total value of $69.9 billion and a quarter-over-quarter turnover of 3%. The portfolio is currently weighted with top three sectors: healthcare at 32.2%, technology at 31.2% and industrials at 13.2%. PRIMECAP Management is a mutual fund firm and the third highest in total value, right below Warren Buffett’s Berkshire Hathaway at $89.03 billion and Dodge & Cox at $84.20 billion. PRIMECAP’s 10-year average return is 9.9%. More...

BIOTECHNOLOGY, PAY TV, SOFTWARE - INFRASTRUCTURE


  • Currently 3.67/5

Rating: 3.7/5 (6 votes)

An Ocean of 52-Week Lows - 50% Off High, Second Quarter Financials
The GuruFocus special feature 52-week low Value Screen is a great research tool to help investors quickly sort through the 740 USA stocks currently listed at a 52-week low, not to mention thousands of other stocks around the world. More...

OIL & GAS E&P, BIOTECHNOLOGY, CONSUMER ELECTRONICS


  • Currently 4.00/5

Rating: 4.0/5 (4 votes)

Weekly Guru Bargains Highlights: 6727, POT, 00973, 3730, GG
According to GuruFocus updates , these stocks have declined the most since Gurus have bought. More...

  • Currently 4.50/5

Rating: 4.5/5 (2 votes)

Guru Stocks at 52-Week Lows: CAT, POT, BRCM, EOC, SQM
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

  • Currently 3.33/5

Rating: 3.3/5 (3 votes)

Weekly 3-Year Low Highlight: HBM, BCC, AGRO, CENTA
According to GuruFocus list of three-year lows, HudBay Minerals Inc, Boise Cascade Co, Adecoagro SA, and Central Garden & Pet Company have all reached their three-year lows. More...

WEEKLY, 3, YEAR, LOW, HIGHLIGHT


  • Currently 2.88/5

Rating: 2.9/5 (8 votes)

PRIMECAP Management Sells 11 – Wal-Mart, Kohl’s, Progressive
Third from the top, right below Warren Buffett and Dodge & Cox, the mutual fund firm PRIMECAP Management has a total value of $67.8 billion. The firm manages Vanguard’s PRIMECAP Fund, Vanguard Capital Opportunity Fund, and Vanguard PRIMECAP Core Fund, as well as three PRIMECAP Odyssey Funds. More...

OIL & GAS - INTEGRATED , DISCOUNT STORES, TRUCKING, AUTO PARTS, INSURANCE – PROPERTY AND CASUALTY, SOFTWARE -INFRASTRUCTURE, FOOTWEAR & ACCESSORIES, DEPARTMENT STORES, ALUMINUM, SPECIALTY RETAIL


  • Currently 4.50/5

Rating: 4.5/5 (2 votes)

The Gurus and Google
Now that Google Inc. (GOOG) is trading above $800 per share and it's up 31% in the first quarter of 2013, here’s an update on Google’s performance and a look at the Gurus trading as found on GuruFocus Real Time Picks. Up 45% over 12 months, Google Inc. (GOOG) has a market cap of $288.24 billion, and a P/E of 25.80. It currently trades at $877.53 per share. More...

  • Currently 3.17/5

Rating: 3.2/5 (6 votes)

Guru Stocks at 52-Week Lows: EC, OKS, LFL, LINE, EW
According to GuruFocus list of 52-week lows, these Guru stocks have reached their 52-week lows. More...

Add Notes, Comments or Ask Questions

User Comments

No comment yet

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Hide