Primecap Management Co.
In its 13F for Q2 2024 (holdings as of June 30, 2024, filed August 9, 2024), Primecap Management Co. reported 332 stock positions worth $138.1 billion. Its top holding was Eli Lilly (LLY) at 12.9% of the portfolio, followed by Micron Technology (MU, 3.6%) and KLA (KLAC, 3.3%). Compared with Q1 2024, it opened 7 new positions, sold out of 11, added to 97 and reduced 188. The biggest buy was a new position in Exxon Mobil (XOM) and the biggest sale an exit from Pioneer Natural Resources (PXD).
- Most Recent 13F
- Q2 2026
- Location
- PASADENA, CA
- CIK
- 0000763212
- Portfolio Value
- $138.1B (Q2 2024)
- SEC Filing
- 0001085146-24-003696 ↗ filed Aug 9, 2024
Holdings Value
Holdings 332 stocks · $138.1B
| LLY Eli Lilly & Co. | 12.86% | 19,618,082 | $17.8B | Reduce -7.7% |
| MU Micron Technology Inc. | 3.56% | 37,425,361 | $4.9B | Reduce -0.5% |
| KLAC KLA Corp. | 3.29% | 5,515,689 | $4.5B | Reduce -4.7% |
| AMGN Amgen Inc. | 3.27% | 14,447,127 | $4.5B | Reduce -1.1% |
| MSFT Microsoft Corp. | 3.25% | 10,043,580 | $4.5B | Reduce -1.9% |
| FDX FedEx Corp. | 2.78% | 12,789,420 | $3.8B | Reduce -0.8% |
| BIIB Biogen Inc. | 2.74% | 16,338,294 | $3.8B | Add +0.7% |
| GOOGL Alphabet Inc. Class A | 2.49% | 18,903,240 | $3.4B | Reduce -1.3% |
| AZN Astrazeneca PLC-Spons ADR | 2.41% | 42,597,235 | $3.3B | Reduce -0.8% |
| ADBE Adobe Inc. | 2.31% | 5,735,711 | $3.2B | Reduce -2.1% |
| TXN Texas Instruments Inc. | 2.16% | 15,341,904 | $3.0B | Reduce -1.1% |
| BSX Boston Scientific Corp. | 2.12% | 37,959,061 | $2.9B | Add +0.0% |
| NVDA Nvidia Corp. | 1.94% | 21,669,980 | $2.7B | Reduce -6.2% |
| INTC Intel Corp. | 1.74% | 77,822,587 | $2.4B | Add +2.2% |
| GOOG Alphabet Inc. Class C | 1.66% | 12,527,940 | $2.3B | Reduce -1.2% |
| WFC Wells Fargo & Co. | 1.60% | 37,202,871 | $2.2B | Reduce -12.3% |
| SONY Sony Group Corp. - SP ADR | 1.32% | 21,491,973 | $1.8B | Reduce -1.2% |
| ORCL Oracle Corp. | 1.31% | 12,848,720 | $1.8B | Reduce -1.8% |
| NTAP Netapp Inc. | 1.29% | 13,786,774 | $1.8B | Reduce -5.0% |
| TSLA Tesla Inc. | 1.26% | 8,823,200 | $1.7B | Reduce -2.4% |
| BABA Alibaba Group Holding-SP ADR | 1.14% | 21,870,987 | $1.6B | Add +5.2% |
| ROST Ross Stores Inc. | 1.12% | 10,650,717 | $1.5B | Reduce -0.6% |
| BMRN Biomarin Pharmaceutical Inc. | 1.12% | 18,790,085 | $1.5B | Add +0.4% |
| RJF Raymond James Financial Inc. | 1.08% | 12,085,582 | $1.5B | Reduce -0.0% |
| TMO Thermo Fisher Scientific Inc. | 1.07% | 2,666,937 | $1.5B | Reduce -3.3% |
| LUV Southwest Airlines Co. | 1.03% | 49,908,845 | $1.4B | Reduce -0.7% |
| TJX TJX Companies Inc. filed as TJX COS INC NEW | 0.99% | 12,450,867 | $1.4B | Reduce -4.4% |
| FLEX Flex Ltd. | 0.95% | 44,285,974 | $1.3B | Reduce -3.2% |
| NVS Novartis AG-Sponsored ADR | 0.94% | 12,179,345 | $1.3B | Reduce -1.9% |
| HES Hess Corp. | 0.86% | 8,098,012 | $1.2B | Add +4.4% |
| UAL United Airlines Holdings Inc. | 0.84% | 23,729,342 | $1.2B | Add +0.1% |
| ACM Aecom | 0.83% | 13,021,913 | $1.1B | Reduce -3.0% |
| JPM JPMorgan Chase & Co. | 0.82% | 5,582,865 | $1.1B | Add +8.4% |
| INTU Intuit Inc. | 0.80% | 1,672,781 | $1.1B | Reduce -1.7% |
| DAL Delta Air Lines Inc. | 0.77% | 22,434,223 | $1.1B | Reduce -0.6% |
| V Visa Inc. Class A | 0.77% | 4,047,195 | $1.1B | Reduce -0.3% |
| BIDU Baidu Inc. - Spon ADR | 0.75% | 11,947,706 | $1.0B | Add +17.2% |
| QCOM Qualcomm Inc. | 0.71% | 4,949,643 | $985.9M | Reduce -3.1% |
| XOM Exxon Mobil Corp. | 0.71% | 8,514,677 | $980.2M | New |
| BMY Bristol-Myers Squibb Co. | 0.71% | 23,498,604 | $975.9M | Add +1.0% |
| AMZN Amazon.com Inc. | 0.61% | 4,360,250 | $842.6M | Add +0.3% |
| ADI Analog Devices Inc. | 0.60% | 3,602,310 | $822.3M | Reduce -0.7% |
| HPQ HP Inc. | 0.57% | 22,451,096 | $786.2M | Add +6.3% |
| J Jacobs Solutions Inc. | 0.56% | 5,582,222 | $779.9M | Reduce -6.1% |
| RCL Royal Caribbean Cruises Ltd. | 0.56% | 4,874,443 | $777.1M | Reduce -2.5% |
| ELAN Elanco Animal Health Inc. | 0.55% | 52,802,763 | $761.9M | Reduce -0.2% |
| ONC Beone Medicines Ltd.-ADR filed as BEIGENE LTD | 0.52% | 4,986,289 | $711.4M | Reduce -0.3% |
| AMAT Applied Materials Inc. | 0.49% | 2,855,183 | $673.8M | Reduce -5.1% |
| HPE Hewlett Packard Enterprise | 0.49% | 31,775,271 | $672.7M | Reduce -0.7% |
| TDG Transdigm Group Inc. | 0.47% | 512,294 | $654.5M | No change |
| DIS The Walt Disney Co. filed as DISNEY WALT CO | 0.47% | 6,497,724 | $645.2M | Reduce -0.4% |
| AAL American Airlines Group Inc. | 0.47% | 56,881,356 | $644.5M | Add +34.4% |
| MAT Mattel Inc. | 0.45% | 38,528,182 | $626.5M | Reduce -2.6% |
| MRSH Marsh & McLennan Cos | 0.44% | 2,871,716 | $605.1M | Reduce -0.3% |
| NTRS Northern Trust Corp. | 0.43% | 7,046,757 | $591.8M | Add +3.9% |
| ASML ASML Holding NV-NY Reg SHS | 0.42% | 572,509 | $585.5M | Reduce -0.6% |
| GSK GSK PLC-Spon ADR | 0.40% | 14,511,390 | $558.7M | Add +13.9% |
| ZBH Zimmer Biomet Holdings Inc. | 0.40% | 5,054,590 | $548.6M | Reduce -0.2% |
| CAT Caterpillar Inc. | 0.39% | 1,622,727 | $540.5M | Reduce -6.3% |
| WHR Whirlpool Corp. | 0.36% | 4,858,250 | $496.5M | Add +1.8% |
| AAPL Apple Inc. | 0.34% | 2,250,800 | $474.1M | Add +19.0% |
| TXT Textron Inc. | 0.33% | 5,310,725 | $456.0M | Reduce -1.0% |
| BAC Bank of America Corp. filed as BANK AMERICA CORP | 0.30% | 10,344,132 | $411.4M | Reduce -5.4% |
| JBL Jabil Inc. | 0.29% | 3,682,875 | $400.7M | Add +3.0% |
| ENTG Entegris Inc. | 0.29% | 2,955,532 | $400.2M | Reduce -0.9% |
| OLED Universal Display Corp. | 0.29% | 1,895,017 | $398.4M | Add +0.4% |
| KMX Carmax Inc. | 0.29% | 5,411,784 | $396.9M | Reduce -2.0% |
| UPS United Parcel Service Class B | 0.29% | 2,893,315 | $396.0M | Reduce -0.3% |
| BNTX Biontech SE-ADR | 0.28% | 4,789,518 | $384.9M | Reduce -0.4% |
| NXT Nextpower Inc. filed as NEXTRACKER INC | 0.27% | 7,990,923 | $374.6M | Reduce -2.8% |
| ALB Albemarle Corp. | 0.26% | 3,813,054 | $364.2M | Add +2.4% |
| UNP Union Pacific Corp. | 0.26% | 1,604,170 | $363.0M | Reduce -0.6% |
| META Meta Platforms Inc. Class A | 0.26% | 706,450 | $356.2M | Add +2.5% |
| CME Cme Group Inc. | 0.26% | 1,803,043 | $354.5M | Add +0.1% |
| EOG EOG Resources Inc. | 0.25% | 2,757,629 | $347.1M | Reduce -1.6% |
| GLW Corning Inc. | 0.24% | 8,562,019 | $332.6M | Reduce -1.8% |
| COP Conocophillips | 0.24% | 2,902,005 | $331.9M | Add +5.7% |
| LIVN Livanova PLC | 0.24% | 5,981,200 | $327.9M | Add +0.7% |
| SYY Sysco Corp. | 0.23% | 4,373,485 | $312.2M | Add +37.5% |
| DLTR Dollar Tree Inc. | 0.22% | 2,872,460 | $306.7M | Add +50.0% |
| TER Teradyne Inc. | 0.22% | 2,038,485 | $302.3M | Reduce -0.6% |
| RYTM Rhythm Pharmaceuticals Inc. | 0.22% | 7,312,391 | $300.2M | Reduce -5.6% |
| RIG Transocean Ltd. | 0.22% | 56,119,489 | $300.2M | Add +0.7% |
| ERIC Ericsson (lm) Tel-SP ADR filed as TELEFONAKTIEBOLAGET LM ERICS | 0.22% | 48,272,499 | $297.8M | Reduce -1.9% |
| PGR Progressive Corp. | 0.22% | 1,432,280 | $297.5M | Reduce -1.7% |
| PYPL PayPal Holdings Inc. | 0.21% | 4,946,460 | $287.0M | Add +180.7% |
| CSCO Cisco Systems Inc. | 0.20% | 5,801,409 | $275.6M | Reduce -2.5% |
| MKTX Marketaxess Holdings Inc. | 0.19% | 1,330,880 | $266.9M | Add +18.2% |
| TRMB Trimble Inc. | 0.19% | 4,683,866 | $261.9M | Reduce -4.8% |
| A Agilent Technologies Inc. | 0.18% | 1,956,571 | $253.6M | Reduce -1.9% |
| ILMN Illumina Inc. | 0.18% | 2,428,760 | $253.5M | Add +462.5% |
| CW Curtiss-Wright Corp. | 0.18% | 900,480 | $244.0M | Reduce -7.7% |
| NTNX Nutanix Inc. Class A | 0.17% | 4,192,393 | $238.3M | Reduce -7.0% |
| GD General Dynamics Corp. | 0.17% | 806,450 | $234.0M | Reduce -3.5% |
| C Citigroup Inc. | 0.16% | 3,573,345 | $226.8M | Reduce -2.2% |
| DSGX The Descartes Systems Grp | 0.16% | 2,238,553 | $216.8M | Reduce -2.2% |
| BBWI Bath & Body Works Inc. | 0.16% | 5,536,855 | $216.2M | Reduce -0.8% |
| DD Dupont DE Nemours Inc. | 0.16% | 2,675,163 | $215.3M | Reduce -1.0% |
| CVS CVS Health Corp. | 0.14% | 3,362,305 | $198.6M | Reduce -1.0% |
| MA Mastercard Inc. Class A | 0.13% | 419,400 | $185.0M | No change |
Portfolio Sells Q1 2024 → Q2 2024
| PXD Pioneer Natural Resources Co. | Sold out | 0.00% | −0.85 |
| WFC Wells Fargo & Co. | Reduce -12.3% | 1.60% | −0.23 |
| ACM Aecom | Reduce -3.0% | 0.83% | −0.15 |
| MAT Mattel Inc. | Reduce -2.6% | 0.45% | −0.13 |
| DIS The Walt Disney Co. | Reduce -0.4% | 0.47% | −0.13 |
| TMO Thermo Fisher Scientific Inc. | Reduce -3.3% | 1.07% | −0.13 |
| J Jacobs Solutions Inc. | Reduce -6.1% | 0.56% | −0.12 |
| ZBH Zimmer Biomet Holdings Inc. | Reduce -0.2% | 0.40% | −0.10 |
| ELAN Elanco Animal Health Inc. | Reduce -0.2% | 0.55% | −0.09 |
| CAT Caterpillar Inc. | Reduce -6.3% | 0.39% | −0.08 |
| RJF Raymond James Financial Inc. | Reduce -0.0% | 1.08% | −0.08 |
| V Visa Inc. Class A | Reduce -0.3% | 0.77% | −0.08 |
| NXT Nextpower Inc. | Reduce -2.8% | 0.27% | −0.07 |
| KMX Carmax Inc. | Reduce -2.0% | 0.29% | −0.07 |
| SONY Sony Group Corp. - SP ADR | Reduce -1.2% | 1.32% | −0.07 |
| ONC Beone Medicines Ltd.-ADR | Reduce -0.3% | 0.52% | −0.07 |
| SWAV Shockwave Medical Inc. | Sold out | 0.00% | −0.07 |
| LUV Southwest Airlines Co. | Reduce -0.7% | 1.03% | −0.06 |
| CVS CVS Health Corp. | Reduce -1.0% | 0.14% | −0.06 |
| TXT Textron Inc. | Reduce -1.0% | 0.33% | −0.05 |
| BNTX Biontech SE-ADR | Reduce -0.4% | 0.28% | −0.05 |
| ROST Ross Stores Inc. | Reduce -0.6% | 1.12% | −0.05 |
| BBWI Bath & Body Works Inc. | Reduce -0.8% | 0.16% | −0.05 |
| DFS Discover Financial Services | Reduce -39.6% | 0.07% | −0.05 |
| TRMB Trimble Inc. | Reduce -4.8% | 0.19% | −0.05 |
| CPRI Capri Holdings Ltd. | Reduce -5.5% | 0.09% | −0.04 |
| DAL Delta Air Lines Inc. | Reduce -0.6% | 0.77% | −0.04 |
| NTNX Nutanix Inc. Class A | Reduce -7.0% | 0.17% | −0.04 |
| UPS United Parcel Service Class B | Reduce -0.3% | 0.29% | −0.04 |
| UNP Union Pacific Corp. | Reduce -0.6% | 0.26% | −0.03 |
| RYTM Rhythm Pharmaceuticals Inc. | Reduce -5.6% | 0.22% | −0.03 |
| A Agilent Technologies Inc. | Reduce -1.9% | 0.18% | −0.03 |
| FLEX Flex Ltd. | Reduce -3.2% | 0.95% | −0.03 |
| INTU Intuit Inc. | Reduce -1.7% | 0.80% | −0.03 |
| WEX Wex Inc. | Reduce -6.1% | 0.05% | −0.03 |
| ENTG Entegris Inc. | Reduce -0.9% | 0.29% | −0.02 |
| CSCO Cisco Systems Inc. | Reduce -2.5% | 0.20% | −0.02 |
| CARR Carrier Global Corp. | Reduce -20.0% | 0.11% | −0.02 |
| VLO Valero Energy Corp. | Reduce -34.1% | 0.02% | −0.02 |
| FIBROGEN INC | Reduce -5.3% | 0.01% | −0.02 |
| EOG EOG Resources Inc. | Reduce -1.6% | 0.25% | −0.02 |
| KEYS Keysight Technologies Inc. | Reduce -1.6% | 0.07% | −0.01 |
| IEX Idex Corp. | Reduce -5.9% | 0.04% | −0.01 |
| CRL Charles River Laboratories | Reduce -0.1% | 0.04% | −0.01 |
| EW Edwards Lifesciences Corp. | Reduce -4.7% | 0.12% | −0.01 |
| FIS Fidelity National Info Serv | Reduce -12.9% | 0.08% | −0.01 |
| LUNG Pulmonx Corp. | Reduce -0.5% | 0.03% | −0.01 |
| OTIS Otis Worldwide Corp. | Reduce -3.8% | 0.13% | −0.01 |
| CSX CSX Corp. | Reduce -6.8% | 0.06% | −0.01 |
| BAC Bank of America Corp. | Reduce -5.4% | 0.30% | −0.01 |
Portfolio Buys Q1 2024 → Q2 2024
| XOM Exxon Mobil Corp. | New | 0.71% | +0.71 |
| BSX Boston Scientific Corp. | Add +0.0% | 2.12% | +0.18 |
| ILMN Illumina Inc. | Add +462.5% | 0.18% | +0.14 |
| BIIB Biogen Inc. | Add +0.7% | 2.74% | +0.13 |
| PYPL PayPal Holdings Inc. | Add +180.7% | 0.21% | +0.12 |
| AAPL Apple Inc. | Add +19.0% | 0.34% | +0.10 |
| HPQ HP Inc. | Add +6.3% | 0.57% | +0.09 |
| AVGO Broadcom Inc. | Add +61.4% | 0.11% | +0.05 |
| OLED Universal Display Corp. | Add +0.4% | 0.29% | +0.05 |
| PFGC Performance Food Group Co. | Add +223.4% | 0.08% | +0.05 |
| JPM JPMorgan Chase & Co. | Add +8.4% | 0.82% | +0.05 |
| IMCR Immunocore Holdings PLC-ADR | Add +3841.6% | 0.05% | +0.05 |
| GKOS Glaukos Corp. | Add +43.9% | 0.10% | +0.04 |
| MRVL Marvell Technology Inc. | Add +98.9% | 0.09% | +0.04 |
| SYY Sysco Corp. | Add +37.5% | 0.23% | +0.03 |
| DLTR Dollar Tree Inc. | Add +50.0% | 0.22% | +0.03 |
| INDI Indie Semiconductor Inc. Class A | Add +93.5% | 0.07% | +0.03 |
| AMZN Amazon.com Inc. | Add +0.3% | 0.61% | +0.03 |
| CRM Salesforce Inc. | Add +64.7% | 0.09% | +0.03 |
| NFE New Fortress Energy Inc. | Add +73.9% | 0.13% | +0.02 |
| GTLB Gitlab Inc. Class A | Add +269.5% | 0.03% | +0.02 |
| GRAL Grail Inc. | Add +2487.0% | 0.02% | +0.02 |
| PANW Palo Alto Networks Inc. | Add +1.1% | 0.13% | +0.02 |
| BABA Alibaba Group Holding-SP ADR | Add +5.2% | 1.14% | +0.02 |
| CASY Casey's General Stores Inc. | New | 0.02% | +0.02 |
| FLYW Flywire Corp.-Voting | Add +253.3% | 0.02% | +0.01 |
| GTLS Chart Industries Inc. | New | 0.01% | +0.01 |
| MKTX Marketaxess Holdings Inc. | Add +18.2% | 0.19% | +0.01 |
| META Meta Platforms Inc. Class A | Add +2.5% | 0.26% | +0.01 |
| MOG.A Moog Inc. Class A | Add +23.6% | 0.04% | +0.01 |
| IBTA Ibotta Inc. Class A | New | 0.01% | +0.01 |
| GTM Zoominfo Technologies Inc. | Add +152.8% | 0.01% | +0.01 |
| EVR Evercore Inc. Class A | Add +1.4% | 0.09% | +0.01 |
| STX Seagate Technology Holdings | Add +6.5% | 0.04% | +0.01 |
| RXO Rxo Inc. | Add +20.7% | 0.02% | +0.01 |
| USFD US Foods Holding Corp. | New | 0.00% | +0.00 |
| BNY Bank of New York Mellon Corp. | Add +11.7% | 0.03% | +0.00 |
| ZM Zoom Communications Inc. | Add +20.0% | 0.05% | +0.00 |
| HUM Humana Inc. | Add +21.8% | 0.01% | +0.00 |
| UNH Unitedhealth Group Inc. | Add +3.9% | 0.04% | +0.00 |
| NRIX Nurix Therapeutics Inc. | Add +3.9% | 0.00% | +0.00 |
| DG Dollar General Corp. | Add +34.7% | 0.01% | +0.00 |
| DOCU Docusign Inc. | Add +22.4% | 0.02% | +0.00 |
| LOAR Loar Holdings Inc. | New | 0.00% | +0.00 |
| RNG Ringcentral Inc. Class A | Add +166.7% | 0.00% | +0.00 |
| FTI Technipfmc PLC | Add +0.5% | 0.04% | +0.00 |
| TXG 10X Genomics Inc. Class A | Add +135.3% | 0.00% | +0.00 |
| SNCY Sun Country Airlines Holding | Add +60.6% | 0.00% | +0.00 |
| DUOL Duolingo | Add +42.7% | 0.00% | +0.00 |
| NICE Nice Ltd. - Spon ADR | New | 0.00% | +0.00 |
All Filings
| Quarter | Positions | 13F Reported Value | Top Holdings |
|---|---|---|---|
| Q2 2026 | 324 | $169.1B | MU, LLY, INTC, KLAC, GOOGL |
| Q1 2026 | 320 | $127.0B | LLY, MU, GOOGL, AZN, KLAC |
| Q4 2025 | 319 | $132.1B | LLY, MU, GOOGL, MSFT, KLAC |
| Q3 2025 | 327 | $130.6B | LLY, MU, MSFT, GOOGL, KLAC |
| Q2 2025 | 333 | $126.2B | LLY, MSFT, KLAC, MU, BSX |
| Q1 2025 | 335 | $121.0B | LLY, AMGN, BSX, MSFT, KLAC |
| Q4 2024 | 329 | $129.1B | LLY, MSFT, FDX, AMGN, BSX |
| Q3 2024 | 336 | $136.0B | LLY, AMGN, MSFT, KLAC, MU |
| Q2 2024 | 332 | $138.1B | LLY, MU, KLAC, AMGN, MSFT |
| Q1 2024 | 335 | $134.1B | LLY, MU, MSFT, AMGN, KLAC |