PRIMECAP Management acquired 12.1M Amazon.com shares worth $3.03B. That's 1.90% of their equity portfolio (11th 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 103% so far.
Ark Investment Management is going all in on AI.
Two of the most well-known figures whose trades are tracked by Wall Street are former Speaker of the House Nancy Pelosi (D-Calif.) and Pershing Square Capita...
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...