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Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

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Primecap Funds Getting a Nice Boost Today on BB News

BlackBerry shares rocket upwards on Amazon Web Services deal to integrate sensor data in vehicles.




  • msf
    edited December 2020
    What matters is how large a percentage of a fund portfolio the stock constitutes, rather than how large a percentage of the company a fund holds.

    For example, VTISX holds roughly the same amount of BB as does VHCOX, about 1.4% of the company. For VTISX, this represent a mere 1% of 1% of the fund. If BB had gone up 100%, i.e. doubled rather than gone up "just" 19.25%, VTISX would have "jumped" 0.01%.

    Of the funds above, POAGX has the largest percentage of its portfolio in BB - 1%. So the impact of BB on this fund was 1% x 19.25% = 0.19%.

    One can go to M*'s ownership page for BB; once there, click on "concentrated". Aside from a Canadian fund, BB represents no more than 3½% of any fund. At best, that means that BB moved the needle about 0.7%. The only fund I recognize where BB makes up at least 2% of the fund is OAKEX. For that fund, BB added about 0.4%.
  • beebee
    edited December 2020
    I own 100 share of BB and when the shares fell from $57 to $5 I stopped picking stocks. Those shares sits there in my account reminding me how humbling investing can be.

    If I understood the world of "put and calls" I might attempt to learn another lesson, but I'm afraid that too would not end well.

    Thanks @msf for humbling me further. I usually don't need any help.
  • @bee : Join the crowd !!
    Stay Safe, Derf
  • Is POGRX still for sale?
  • Appears to be.
  • edited December 2020
    Only the Aggressive Growth Fund is closed to new investors, so far (see link).
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