PRIMECAP Management acquired 7.54M Amazon.com shares worth $1.78B. That's 1.29% of their equity portfolio (22nd largest holding). The first Amazon.com trade was made in Q1 2013. Since then PRIMECAP Management bought shares 29 more times and sold shares on thirteen occasions. The stake costed the investor $624M, netting the investor a gain of 185% so far.
Over the years, the billionaire Bill Ackman has become one of the big investors to watch. Ackman runs Pershing Square Capital Management, the investment mana...
Bill Ackman's hedge fund, Pershing Square Capital Management, outperformed the S&P 500 (SNPINDEX: ^GSPC) by 7 percentage points in the last year and 19 perce...
Dan Niles, Niles Investment Management founder, joins CNBC's 'Squawk on the Street' to discuss outlooks on tech, why positioning matters, and much more.
Brian Mulberry, Zacks Investment Management Senior Client Portfolio Manager speaks with Market Domination Overtime Host Josh Lipton about why Nvidia is the t...