PRIMECAP Management acquired 16.4 Million Alphabet shares worth $2.5 Billion. That's 2.01% of their equity portfolio (11th 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 369% so far.
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...
As earnings season picks up, we're starting to get a feel for the different ways company leadership teams are talking -- or not talking -- about tariffs.
Josh Brown, CEO at Ritholtz Wealth Management, joins CNBC's "Halftime Report" to detail this big portfolio move.