PRIMECAP Management acquired 9.72 Million Raymond James Financial shares worth $1.41 Billion. That's 1.13% of their equity portfolio (25th largest holding). The investor owns 4.86% of the outstanding Raymond James Financial stock. The first Raymond James Financial trade was made in Q4 2018. Since then PRIMECAP Management bought shares twelve more times and sold shares on thirteen occasions. The stake costed the investor $719 Million, netting the investor a gain of 97% so far.
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