0001047469-11-009474.txt : 20111114
0001047469-11-009474.hdr.sgml : 20111111
20111114122630
ACCESSION NUMBER: 0001047469-11-009474
CONFORMED SUBMISSION TYPE: 13F-HR
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110930
FILED AS OF DATE: 20111114
DATE AS OF CHANGE: 20111114
EFFECTIVENESS DATE: 20111114
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: PRIMECAP MANAGEMENT CO/CA/
CENTRAL INDEX KEY: 0000763212
IRS NUMBER: 953868081
FILING VALUES:
FORM TYPE: 13F-HR
SEC ACT: 1934 Act
SEC FILE NUMBER: 028-01469
FILM NUMBER: 111199836
BUSINESS ADDRESS:
STREET 1: 225 SOUTH LAKE AVE STE 400
CITY: PASADENA
STATE: CA
ZIP: 91101-3005
BUSINESS PHONE: 8183049222
MAIL ADDRESS:
STREET 1: 225 SOUTH LAKE AVE SUITE 400
CITY: PASADENA
STATE: CA
ZIP: 91101
13F-HR
1
a2206383z13f-hr.txt
13F-HR
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: September 30, 2011
-----------------------
Check Here if Amendment / /; Amendment Number:
---------
This Amendment (Check only one.): / / is a restatement.
/ / adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: PRIMECAP Management Company
-------------------------------
Address: 225 South Lake Ave. # 400
-------------------------------
Pasadena, CA 91101
-------------------------------
Form 13F File Number: 28-01469
---------------------
The institutional investment manager filing this report and the person by whom
it is signed hereby represent that the person signing the report is authorized
to submit it, that all information contained herein is true, correct and
complete, and that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Karen Chen
----------------------------------
Title: Director of Compliance & Reporting
----------------------------------
Phone: (626)304-9222
----------------------------------
Signature, Place, and Date of Signing:
/s/ Karen Chen Pasadena, CA 11/14/11
------------------------------- ----------------- -------------
[Signature] [City, State] [Date]
Report Type (Check only one.):
/X/ 13F HOLDINGS REPORT. (Check here if all holdings of this reporting
manager are reported in this report.)
/ / 13F NOTICE. (Check here if no holdings reported are in this report,
and all holdings are reported by other reporting manager(s).)
/ / 13F COMBINATION REPORT. (Check here if a portion of the holdings for this
reporting manager are reported in this report and a portion are reported by
other reporting manager(s).)
List of Other Managers Reporting for this Manager:
NONE
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 0
--------------------
Form 13F Information Table Entry Total:
--------------------
Form 13F Information Table Value Total: 57410175
--------------------
(thousands)
List of Other Included Managers:
Provide a numbered list of the name(s) and Form 13F file number(s) of all
institutional investment managers with respect to which this report is filed,
other than the manager filing this report.
"NONE"
1
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
99 CENTS ONLY STORES COM 65440k106 43651 2369735 SH Sole 2197235 172500
ABBOTT LABORATORIES COM 002824100 84717 1656575 SH Sole 997475 659100
ABIOMED INC. COM 003654100 46659 4230173 SH Sole 2958173 1272000
ACCENTURE PLC COM G1151C101 221223 4199381 SH Sole 308731 3890650
ACCURAY INC. COM 004397105 31053 7743800 SH Sole 5985000 1758800
ACTIVISION BLIZZARD COM 00507V109 73904 6210400 SH Sole 980000 5230400
ADOBE SYS INC COM 00724F101 1010920 41825390 SH Sole 13358052 28467338
AECOM TECHNOLOGY CORP COM 00766T100 87714 4964000 SH Sole 2722200 2241800
AES CORP COM 00130H105 112408 11517200 SH Sole 879600 10637600
AFFYMETRIX INC. COM 00826T108 14522 2963724 SH Sole 1981224 982500
AGILENT TECHNOLOGIES COM 00846U101 3667 117353 SH Sole 40035 77318
AKAMAI TECHNOLOGIES COM 00971T101 16874 848786 SH Sole 771686 77100
ALASKA AIRGROUP INC. COM 011659109 149216 2650850 SH Sole 218800 2432050
ALEXANDER & BALDWIN COM 014482103 52072 1425450 SH Sole 1318700 106750
ALLEGIANT TRAVEL CO COM 01748X102 2738 58100 SH Sole 20800 37300
ALTERA CORP. COM 021441100 613981 19472900 SH Sole 9231500 10241400
AMAZON.COM INC COM 023135106 742188 3432400 SH Sole 778100 2654300
AMGEN INC. COM 031162100 2758741 50195425 SH Sole 16734554 33460871
AMR CORPORATION COM 001765106 122020 41222963 SH Sole 11690343 29532620
ANALOG DEVICES COM 032654105 19375 620000 SH Sole 620000
APPLE INC COM 037833100 34700 91000 SH Sole 91000
APPLIED MATERIALS COM 038222105 203930 19703376 SH Sole 6692426 13010950
ARKANSAS BEST CORP COM 040790107 14972 927050 SH Sole 678600 248450
ARRIS GROUP INC COM 04269Q100 299 29000 SH Sole 29000
ASCENA RETAIL GROUP COM 04351G101 133385 4927400 SH Sole 626300 4301100
ASM LITHOGRAPHY COM N07059186 383470 11102186 SH Sole 4126513 6975673
AVID TECHNOLOGY COM 05367P100 2077 268400 SH Sole 215000 53400
BABCOCK & WILCOX CO. NEW COM 05615F102 183723 9397580 SH Sole 5521480 3876100
2
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
BANK OF NY MELLON CORP COM 064058100 464 24979 SH Sole 24979
BED BATH & BEYOND INC. COM 075896100 549377 9586060 SH Sole 3617178 5968882
BERKSHIRE HATHAWAY B COM 084670702 374640 5273650 SH Sole 2156500 3117150
BIOGEN IDEC COM 09062X103 2301385 24706226 SH Sole 6652792 18053434
BIOMARIN PHARMA COM 09061G101 288664 9057538 SH Sole 3666879 5390659
BOEING CO. COM 097023105 451968 7469307 SH Sole 2780245 4689062
BOSTON SCIENTIFIC CORP COM 101137107 381401 64534808 SH Sole 18137336 46397472
BRAVO BRIO RESTAURANT
GROUP COM 10567B109 1003 60300 SH Sole 60300
BRISTOW GROUP COM 110394103 9118 214901 SH Sole 209501 5400
BROCADE COMM SYS COM 111621306 9456 2189000 SH Sole 849000 1340000
CABOT OIL & GAS CORP COM 127097103 127999 2067500 SH Sole 750300 1317200
CALLAWAY GOLF CO. COM 131193104 7919 1531800 SH Sole 345602 1186198
CAMECO CORP COM 13321L108 76746 4189200 SH Sole 3189400 999800
CAMERON INTL CORP. COM 13342B105 8707 209600 SH Sole 85200 124400
CANADIAN PACIFIC RAILWAY COM 13645T100 152615 3173530 SH Sole 763400 2410130
CARDICA, INC COM 14141R101 1148 591600 SH Sole 591600
CARMAX INC. COM 143130102 378621 15875112 SH Sole 8758735 7116377
CARNIVAL CORP COM 143658300 303622 10020533 SH Sole 2846433 7174100
CATERPILLAR INC DEL COM 149123101 456717 6185221 SH Sole 2189381 3995840
CENOVUS ENERGY INC COM 15135U109 130203 4239761 SH Sole 1617061 2622700
CEPHEID COM 15670R107 112902 2907600 SH Sole 2388800 518800
CERNER CORP COM 156782104 3426 50000 SH Sole 50000
CH ROBINSON WORLDWIDE COM 12541W209 808670 11810578 SH Sole 2200480 9610098
CHARLES RIVER LAB COM 159864107 2149 75100 SH Sole 75100
CHEF'S WAREHOUSE COM 163086101 884 75200 SH Sole 24500 50700
CHICAGO BRIDGE & IRON COM 167250109 11744 410200 SH Sole 410200
CHICO'S FAS COM 168615102 171 15000 SH Sole 15000
CHUBB CORP. COM 171232101 387839 6465054 SH Sole 2702054 3763000
3
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
CIENA CORP COM 171779309 7599 678511 SH Sole 62298 616213
CIRCOR CORP COM 17273K109 10779 367000 SH Sole 230000 137000
CISCO SYSTEMS INC COM 17275R102 64717 4175311 SH Sole 1907961 2267350
CITRIX SYSTEMS INC. COM 177376100 2726 50000 SH Sole 50000
COLFAX COM 194014106 1418 70000 SH Sole 70000
COLLECTIVE BRANDS COM 19421W100 6368 491380 SH Sole 411380 80000
COMSCORE COM 20564W105 17651 1046300 SH Sole 869000 177300
CONCEPTUS INC. COM 206016107 48719 4653178 SH Sole 3923478 729700
CONOCOPHILLIPS COM 20825C104 19218 303500 SH Sole 3500 300000
CORNING INC COM 219350105 401859 32512902 SH Sole 6458241 26054661
COSTCO WHOLESALE COM 22160K105 286018 3482508 SH Sole 432858 3049650
CREE INC. COM 225447101 225569 8682407 SH Sole 4174618 4507789
CROWN HOLDINGS INC. COM 228368106 4693 153300 SH Sole 77300 76000
CUMMINS INC COM 231021106 49508 606276 SH Sole 473724 132552
CVS CAREMARK CORP COM 126650100 16090 479000 SH Sole 479000
CYMER INC. COM 232572107 23033 620000 SH Sole 270000 350000
DEERE & CO COM 244199105 195301 3024647 SH Sole 428389 2596258
DELL INC COM 24702R101 10605 750000 SH Sole 750000
DELTA AIR LINES DEL COM 247361702 321 42800 SH Sole 42800
DENDREON CORP. COM 24823Q107 74521 8280160 SH Sole 2988049 5292111
DESCARTES SYS GRP INC COM 249906108 32242 5217190 SH Sole 550590 4666600
DIEBOLD COM 253651103 5502 200000 SH Sole 200000
DIRECTV COM CL A COM 25490A101 1137775 26916849 SH Sole 7107290 19809559
DISCOVER FIN SVCS COM 254709108 1230 53600 SH Sole 53600
DISNEY WALT CO. COM 254687106 318589 10563300 SH Sole 3690876 6872424
DOMTAR CORPORATION COM 257559203 97137 1424918 SH Sole 227124 1197794
DONALDSON INC COM 257651109 88787 1620200 SH Sole 1620200
DREAM WORKS ANIMATION COM 26153C103 87712 4824650 SH Sole 3863500 961150
4
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
DUNKIN BRANDS COM 265504100 598 21600 SH Sole 5300 16300
DYAX CORP. COM 26746E103 10876 8631700 SH Sole 5825000 2806700
EADS INDUSTRIAL - EUR COM 4012250 167159 5884500 SH Sole 343100 5541400
EBAY INC. COM 278642103 34881 1182800 SH Sole 363800 819000
EDISON INTERNATIONAL COM 281020107 13150 343800 SH Sole 80000 263800
EDWARDS LIFE COM 28176E108 21384 300000 SH Sole 300000
ELECTRONIC ARTS INC. COM 285512109 522137 25532379 SH Sole 13252229 12280150
EMC CORP/MASS COM 268648102 615922 29343598 SH Sole 12782501 16561097
ENCANA CORP. COM 292505104 103291 5376945 SH Sole 2335145 3041800
ENSCO PLC SPON ADR COM 29358Q109 8106 200507 SH Sole 200507
ENTEGRIS INC COM 29362U104 35047 5493208 SH Sole 787828 4705380
EOG RESOURCES INC. COM 26875P101 426130 6000989 SH Sole 1534224 4466765
ERICSSON (LM) TEL 'B' ADS COM 294821608 381045 39900007 SH Sole 14585163 25314844
EXELON CORP COM 30161N101 11807 277100 SH Sole 119100 158000
EXPEDITORS INTL OF WASH COM 302130109 153851 3794097 SH Sole 417400 3376697
EXTERRAN HOLDINGS INC COM 30225X103 2858 294000 SH Sole 294000
F M C CORP COM NEW COM 302491303 4928 71254 SH Sole 71254
FARO TECHNOLOGIES INC. COM 311642102 13005 412200 SH Sole 270000 142200
FEDEX CORP COM 31428X106 1407267 20792958 SH Sole 4256189 16536769
FEI COMPANY COM 30241L109 25553 852900 SH Sole 293000 559900
FIRSTENERGY CORP. COM 337932107 988 22000 SH Sole 22000
FLEXTRONICS INTL LTD COM Y2573F102 257711 45774653 SH Sole 23732453 22042200
FORMFACTOR INC COM 346375108 46148 7407368 SH Sole 1458318 5949050
FREEPORT-MCMORAN COPPER &
GOLD COM 35671D857 93870 3082764 SH Sole 1438376 1644388
GENTEX CORPORATION COM 371901109 44844 1864600 SH Sole 642300 1222300
GLAXOSMITHKLINE PLC (ADR) COM 37733W105 435359 10543939 SH Sole 4526539 6017400
GOODRICH CORP. COM 382388106 326 2700 SH Sole 2200 500
GOOGLE COM 38259P508 1737745 3374001 SH Sole 976626 2397375
5
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
GRANITE CONSTR INC COM 387328107 27391 1459300 SH Sole 1459300
GREIF CL A COM 397624107 9200 214500 SH Sole 122000 92500
GREIF CL B COM 397624206 1324 30786 SH Sole 30786
GUIDANCE SOFTWARE COM 401692108 16584 2555300 SH Sole 1360100 1195200
HASBRO INC. COM 418056107 460 14100 SH Sole 14100
HESS CORPORATION COM 42809H107 341111 6502308 SH Sole 2291058 4211250
HEWLETT-PACKARD CO. COM 428236103 296762 13218794 SH Sole 3562463 9656331
HIGHER ONE HOLDINGS COM 42983D104 689 42350 SH Sole 42350
HONEYWELL INTL. INC. COM 438516106 650540 14815294 SH Sole 4474805 10340489
ILLUMINA INC COM 452327109 47537 1161700 SH Sole 520400 641300
IMMUNOGEN COM 45253H101 123365 11255969 SH Sole 9460250 1795719
INTEL CORP COM 458140100 472936 22172360 SH Sole 7822083 14350277
INTERMUNE COM 45884X103 19875 983900 SH Sole 607900 376000
INTL PAPER CO COM 460146103 6229 267900 SH Sole 167900 100000
INTUIT INC COM 461202103 1049761 22128174 SH Sole 6313899 15814275
JABIL CIRCUIT COM 466313103 14212 798900 SH Sole 429400 369500
JACOBS ENGR GROUP DEL COM 469814107 14014 434000 SH Sole 434000
JET BLUE AIRWAYS COM 477143101 77912 19049360 SH Sole 11200010 7849350
JOHNSON & JOHNSON COM 478160104 731586 11486665 SH Sole 4656328 6830337
KAISER ALUMINUM CORP COM 483007704 1993 45000 SH Sole 45000
KELLOGG CO. COM 487836108 131092 2464600 SH Sole 1143800 1320800
KINETIC CONCEPTS COM 49460W208 172249 2614195 SH Sole 2397795 216400
KIRBY CORP. COM 497266106 144765 2750104 SH Sole 2506714 243390
KIT DIGITAL COM 482470200 2003 238410 SH Sole 238410
KLA-TENCOR CORP. COM 482480100 196281 5127500 SH Sole 1168800 3958700
KOHLS CORP. COM 500255104 71454 1455269 SH Sole 828369 626900
KRAFT FOODS INC COM 50075N104 4030 120000 SH Sole 120000
LIFE TECHNOLOGIES CORP COM 53217V109 419301 10910770 SH Sole 4694401 6216369
6
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
LILLY ELI & CO COM 532457108 2067577 55925800 SH Sole 17120303 38805497
LIMITED BRAND COM 532716107 465765 12094638 SH Sole 7244800 4849838
LOOPNET INC COM 543524300 594 34700 SH Sole 34700
LOWES COS INC COM 548661107 41094 2124800 SH Sole 390800 1734000
LUMINEX CORP COM 55027E102 61557 2776569 SH Sole 2078919 697650
MARKETAXESS HLDGS INC. COM 57060D108 18597 714720 SH Sole 612220 102500
MARSH & MCLENNAN COS. COM 571748102 1026705 38670620 SH Sole 14764450 23906170
MASTERCARD INC CL A COM 57636Q104 6749 21280 SH Sole 6000 15280
MATTEL INC COM 577081102 283134 10936040 SH Sole 5280190 5655850
MCDERMOTT INTL. COM 580037109 134687 12517360 SH Sole 7497760 5019600
MEDTRONIC INC COM 585055106 1494359 44956643 SH Sole 13202251 31754392
MENS WEARHOUSE COM 587118100 211 8100 SH Sole 8100
MERCURY GENERAL CORP COM 589400100 5200 135600 SH Sole 135600
MICRON TECHNOLOGY INC COM 595112103 164977 32733590 SH Sole 5867858 26865732
MICROSOFT CORP. COM 594918104 1376646 55309192 SH Sole 16955470 38353722
MOMENTA PHARMACEUTICALS COM 60877T100 8040 699100 SH Sole 380000 319100
MONSANTO CO. COM 61166W101 896594 14933282 SH Sole 4195939 10737343
MONSTER WORLDWIDE COM 611742107 3489 486000 SH Sole 420000 66000
MOTOROLA MOB HLDGS INC COM 620097105 124855 3304788 SH Sole 783577 2521211
MOTOROLA SOLUTIONS INC COM 620076307 145644 3475991 SH Sole 905266 2570725
NATIONAL OILWELL VARCO COM 637071101 330824 6458891 SH Sole 3297591 3161300
NEKTAR THERAPEUTICS COM 640268108 39177 8077700 SH Sole 6121300 1956400
NETAPP INC. COM 64110D104 6447 190000 SH Sole 190000
NEUSTAR COM 64126X201 163965 6522061 SH Sole 3606059 2916002
NEUTRAL TANDEM COM 64128B108 203 21000 SH Sole 21000
NEXTERA ENERGY, INC. COM 65339F101 15457 286140 SH Sole 50000 236140
NOBLE CORP COM H5833N103 6457 220000 SH Sole 220000
NOBLE ENERGY INC. COM 655044105 600191 8477273 SH Sole 1051523 7425750
7
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
NORDSTROM INC. COM 655664100 14503 317500 SH Sole 56000 261500
NORFOLK SOUTHERN COM 655844108 122435 2006472 SH Sole 1402492 603980
NOVARTIS AG ADR COM 66987v109 1762386 31600972 SH Sole 9925857 21675115
NUANCE COMMUNICATIONS COM 67020Y100 238405 11721000 SH Sole 9977000 1744000
NUVASIVE INC. COM 670704105 7421 435000 SH Sole 300000 135000
NVIDIA CORP. COM 67066g104 462969 37007941 SH Sole 11063291 25944650
O'REILLY AUTOMOTIVE INC.
NEW COM 67103H107 3665 55000 SH Sole 35000 20000
OCEANEERING INTL INC COM 675232102 227132 6427044 SH Sole 4035644 2391400
ORACLE CORP. COM 68389X105 1335222 46458652 SH Sole 12848599 33610053
ORASURE TECHNOLOGIES COM 68554V108 16514 2074600 SH Sole 2002600 72000
PACCAR INC. COM 693718108 83745 2476200 SH Sole 1361200 1115000
PALL CORP COM 696429307 76167 1796400 SH Sole 254700 1541700
PEABODY ENERGY CORP COM 704549104 137377 4054800 SH Sole 4054800
PEPSICO INC COM 713448108 44543 719600 SH Sole 264900 454700
PERKIN ELMER COM 714046109 1892 98500 SH Sole 90000 8500
PETRO BRASIL ADR Pref A COM 71654V101 217910 10516900 SH Sole 3546600 6970300
PETROLEO BRASILEIRO ADR COM 71654V408 12303 548000 SH Sole 548000
PHARMACYCLICS INC. COM 716933106 47461 4011958 SH Sole 2208139 1803819
PLANTRONICS INC NEW COM 727493108 139256 4894750 SH Sole 4894750
POTASH CORP SASK INC COM 73755L107 1109130 25662424 SH Sole 7296224 18366200
PRAXAIR INC. COM 74005P104 126493 1353156 SH Sole 578856 774300
PROCTER & GAMBLE CO. COM 742718109 122274 1935321 SH Sole 1062621 872700
PROGRESSIVE CORP. COM 743315103 72257 4068529 SH Sole 1836679 2231850
PUBLIC SVC ENTERPRISE GRP COM 744573106 96499 2891800 SH Sole 372100 2519700
QUALCOMM INCORP. COM 747525103 800047 16451714 SH Sole 4524589 11927125
QUIKSILVER COM 74838C106 10022 3285969 SH Sole 472659 2813310
RAMBUS INC DEL COM COM 750917106 153015 10929632 SH Sole 3426973 7502659
RANGE RESOURCES COM 75281A109 159175 2722800 SH Sole 2286200 436600
8
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
REPUBLIC SVCS INC COM 760759100 7560 269435 SH Sole 269435
RESEARCH IN MOTION COM 760975102 589891 29058673 SH Sole 8929973 20128700
RESPONSYS INC. COM 761248103 801 74300 SH Sole 35500 38800
REX ENERGY CORP COM 761565100 12144 960000 SH Sole 780000 180000
RIGHTNOW TECHNOLOGIES COM 76657R106 17140 518600 SH Sole 300000 218600
RITCHIE BROS AUCTION COM 767744105 168230 8332330 SH Sole 4089280 4243050
ROCHE HOLDING AG-CHF COM 7110388 1610065 9926365 SH Sole 1544848 8381517
ROCKWELL AUTOMATION COM 773903109 193520 3455711 SH Sole 1140211 2315500
ROVI CORP. COM 779376102 8596 200000 SH Sole 200000
SANDISK CORP COM 80004C101 250126 6198918 SH Sole 3266004 2932914
SANOFI COM 80105N105 29991 914363 SH Sole 372154 542209
SCHLUMBERGER LTD COM 806857108 467801 7831920 SH Sole 3130984 4700936
SCHWAB CHARLES CORP COM 808513105 654991 58118094 SH Sole 26299294 31818800
SCHWEITZER-MAUDUIT COM 808541106 21097 377600 SH Sole 338500 39100
SEATTLE GENETICS COM 812578102 190975 10030200 SH Sole 8097700 1932500
SMART BALANCE COM 83169Y108 30566 5180605 SH Sole 3413405 1767200
SMART TECHNOLOGIES INC A COM 83172R108 28233 6722146 SH Sole 1399942 5322204
SONY CORP ADR NEW COM 835699307 281664 14824402 SH Sole 3459322 11365080
SOUTHWEST AIRLS CO COM 844741108 647265 80505635 SH Sole 24164931 56340704
SOUTHWESTERN ENERGY CO COM 845467109 178129 5344400 SH Sole 3469800 1874600
SPRINT NEXTEL COM 852061100 90173 29662190 SH Sole 8086390 21575800
SPX CORP. COM 784635104 31454 694200 SH Sole 88700 605500
STRATASYS INC COM 862685104 48319 2606200 SH Sole 2076200 530000
STRATTEC SEC CORP COM 863111100 8115 336854 SH Sole 120761 216093
SURMODICS INC. COM 868873100 2272 249700 SH Sole 249700
SYMANTEC COM 871503108 600127 36817613 SH Sole 11432968 25384645
SYNDER'S-LANCE COM 833551104 367 17600 SH Sole 17600
TARGET CORPORATION COM 87612E106 2359 48100 SH Sole 48100
9
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
TESLA MOTORS COM 88160R101 4405 180590 SH Sole 82290 98300
TEXAS INSTRS. INC. COM 882508104 1544183 57943095 SH Sole 16040695 41902400
THOMAS & BETTS COM 884315102 115815 2901900 SH Sole 1900 2900000
TJX COS INC NEW COM 872540109 423183 7629048 SH Sole 1753390 5875658
TRANSOCEAN LTD COM H8817H100 22438 470000 SH Sole 53000 417000
TRIMBLE NAVIGATION COM 896239100 286808 8548684 SH Sole 5092284 3456400
UNION PACIFIC CORP. COM 907818108 399808 4895413 SH Sole 1667663 3227750
UNITED CONTL HLDGS INC COM 910047109 1356 69970 SH Sole 63550 6420
UNITED PARCEL SVC INC. COM 911312106 511671 8102464 SH Sole 3105174 4997290
URBAN OUTFITTERS COM 917047102 1272 57000 SH Sole 57000
US AIRWAYS GROUP INC COM 90341W108 2370 431000 SH Sole 284000 147000
USA TRUCK INC COM 902925106 1187 153000 SH Sole 45000 108000
VERISIGN INC. COM 92343E102 6877 240387 SH Sole 211537 28850
VISA COM 92826C839 360322 4203480 SH Sole 2528200 1675280
VITRAN CORP COM 92850E107 2842 719607 SH Sole 470000 249607
VMWARE COM 928563402 627 7800 SH Sole 7800
VULCAN MATERIALS CO. COM 929160109 218986 7945779 SH Sole 4672479 3273300
WAL-MART STORES INC. COM 931142103 20760 400000 SH Sole 400000
WARNACO GROUP COM 934390402 414 8980 SH Sole 8980
WATERS CORP COM 941848103 157024 2080064 SH Sole 1164920 915144
WEBSENSE INC COM 947684106 53786 3108990 SH Sole 2629190 479800
WELLS FARGO & CO. COM 949746101 25567 1060000 SH Sole 10000 1050000
WEYERHAEUSER CO. COM 962166104 5676 365000 SH Sole 365000
WHIRLPOOL CP COM 963320106 551900 11057910 SH Sole 2811910 8246000
XILINX INC COM 983919101 38371 1398369 SH Sole 990000 408369
XO GROUP INC. COM 983772104 83 10100 SH Sole 10100
YAHOO!INC. COM 984332106 9677 734800 SH Sole 584800 150000
ZIMMER HOLDINGS INC. COM 98956P102 20173 377200 SH Sole 360700 16500
10
PRIMECAP Management Company
FORM 13F
SEPTEMBER 30, 2011
VOTING AUTHORITY
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER ---------------------------
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
------------------------- ---------------- --------- -------- --------- --- ---- ------- -------- ---------- ------ ---------
ZIPCAR COM 98974X103 1123 62415 SH Sole 36500 25915
REPORT SUMMARY 253 DATA RECORDS 57410175 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED