PRIMECAP MANAGEMENT CO BOOSTED ITS POSITION IN AMAZON, ADDING ROUGHLY 2.03 MILLION SHARES IN THE SECOND QUARTER AND BRINGING ITS TOTAL TO ABUT 7.54 MILLION, ACCORDING TO PORTFOLIO TRACKERS SUMMARIZING THE FIRM’S LATEST 13F FILING.
The Increase Marks A Significant Tilt Toward Mega-Cap Tech Exposure Alongsis Oher High -conviction Adds remembered in the journal.
The Pasadena-Based Manager, Known for A Long-Term, Research-Driven Approach, Appears to have leaned into amazon’s multi -egine Growth story spanning aws, retail, and advertising amid ongoing ai infrastructure Tailwinds. Marketbeat’s Institutional Holdings Data Reflects Primecap’s Updated Amazon Share Count As of August Discllosures, Reinforcing The Step -Up In Exposure Notted By Independent Trackers.
Primecap’s Broader Q2 Activity Featured Sizable Increases In Several Positions and Strategic Shifts Across Sectors, With Multiple Sources Highlighting Meaningful Fulful Reallocations consisting with the firm’s valued, Counselor – Leed Model.
Separate Coverage Also Poleded to Earlier periods where Primecap Trimmed and Later Rebuilt Amazon Exposure, Underscoring A Dynamic Stance Around Valuation and fundamentals Through 2025.
For Amazon, Institutional Interest Has Remained Elevated, With Approximately 72% of Shares Held By Institts As of Recent Tallies, A Backdrop That Can amplify Flows Around Earnings, Guidance, and Ai -Related Capex Signals.
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