PRIMECAP Management acquired 16.4 Million Alphabet shares worth $2.81 Billion. That's 2.17% of their equity portfolio (9th largest holding). The first Alphabet trade was made in Q3 2015. Since then PRIMECAP Management bought shares four more times and sold shares on 34 occasions. The stake costed the investor $534 Million, netting the investor a gain of 427% so far.
John Porter, Newton Investment Management chief investment officer, joins 'The Exchange' to discuss JPMorgan CEO Jamie Dimon's comments on fixed income and t...
Gene Munster, Deepwater Asset Management, joins 'Fast Money' to talk Google launching AI mode in the U.S.
The S&P 500 (^GSPC 0.06%) earlier this year fell from a record high into correction territory in just 22 days. The historical average is 75 days, according t...
Tim Seymour, Seymour Asset Management CIO, joins 'Money Movers' to discuss where investors can find opportunity, themes Seymour is investing with, and much m...