PRIMECAP Management acquired 9.35M Raymond James Financial shares worth $1.42B. That's 0.87% of their equity portfolio (27th largest holding). The investor owns 5.07% of the outstanding Raymond James Financial stock. The first Raymond James Financial trade was made in Q4 2018. Since then PRIMECAP Management bought shares fourteen more times and sold shares on fifteen occasions. The stake costed the investor $705M, netting the investor a gain of 101% so far.
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