PRIMECAP Management acquired 12.1M Amazon.com shares worth $2.75B. That's 1.63% of their equity portfolio (12th largest holding). The first Amazon.com trade was made in Q1 2013. Since then PRIMECAP Management bought shares 31 more times and sold shares on fourteen occasions. The stake costed the investor $1.49B, netting the investor a gain of 84% so far.
Philippe Laffont went on CNBC this morning with a framework that skips the usual bitcoin-versus-gold debate and lands somewhere more concrete. "Is there goin...
Philippe Laffont, billionaire founder and portfolio manager of Coatue Management, framed artificial intelligence as the defining economic shift of the coming...
David Tepper's Appaloosa Management trimmed NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) by roughly 13% of shares and cut AMD (NASDAQ:AMD) by roughly 32% of ...
Amazon.com, Inc. remains a Strong Buy as Prime Day's earlier timing may drive a Q2 upside surprise. Prime Day 2026 expands to four days in June, potentially ...