13F-HR 1 a2170346z13f-hr.txt FORM 13-F UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 13F FORM 13F COVER PAGE Report for the Calendar Year or Quarter Ended: March 31, 2006 ----------------------- 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 Street ------------------------------- Suite 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: Rachel Aguilera ------------------------------- Title: Client Account Administrator ------------------------------- Phone: (626) 304-9222 ------------------------------- Signature, Place, and Date of Signing: /s/ Rachel Aguilera Pasadena, California May 10, 2006 ------------------------------- -------------------- ------------- [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: [If there are no entries in this list, omit this section.] Form 13F File Number Name 28- --------------- ------------------------------------ FORM 13F SUMMARY PAGE Report Summary: Number of Other Included Managers: 0 -------------------- Form 13F Information Table Entry Total: -------------------- Form 13F Information Table Value Total: 55342363 -------------------- (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. [If there are no entries in this list, state "NONE" and omit the column headings and list entries.] No. Form 13F File Number Name 28- "NONE" ------ ----------------- --------------------------------- FORM 13F INFORMATION TABLE PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- 3M COMPANY COM 88579Y101 106658 1409141 SH Sole 766091 643050 99 CENTS ONLY STORES COM 65440k106 59200 4365800 SH Sole 1529800 2836000 ABERCROMBIE & FITCH A COM 002896207 41008 703400 SH Sole 703400 ABIOMED INC. COM 003654100 929 72000 SH Sole 72000 AC MOORE ARTS & CRAFTS COM 00086T103 1334 72500 SH Sole 31000 41500 ACCENTURE LTD. CL A COM G1150G111 134147 4461150 SH Sole 23600 4437550 ADOBE SYS INC COM 00724F101 1557473 44562898 SH Sole 6210388 38352510 ADVANCE AMER CASH ADV CNTR COM 00739W107 728 50600 SH Sole 21600 29000 AFFYMETRIX, INC. COM 00826T108 189399 5751550 SH Sole 2306350 3445200 AFLAC INC. COM 001055102 51272 1136100 SH Sole 15000 1121100 AGILENT TECHNOLOGIES COM 00846U101 32589 867877 SH Sole 129689 738188 AKAMAI TECHNOLOGIES, INC COM 00971T101 57962 1762300 SH Sole 74600 1687700 ALASKA AIRGROUP INC. COM 011659109 92462 2608250 SH Sole 52800 2555450 ALCOA INC COM 013817101 318542 10423500 SH Sole 4317300 6106200 ALEXANDER & BALDWIN COM 014482103 75411 1581600 SH Sole 1343000 238600 ALPHA NATURAL RESOURCES COM 02076X102 231 10000 SH Sole 10000 ALTERA CORP. COM 021441100 2402 116400 SH Sole 2400 114000 AMERADA HESS CORP COM 023551104 422003 2963504 SH Sole 785954 2177550 AMERICAN INTL GROUP COM 026874107 315020 4766523 SH Sole 1009430 3757093 AMERICAN ITALIAN PASTA COM 027070101 10923 1744910 SH Sole 1436400 308510 AMGEN INC. COM 031162100 130397 1792400 SH Sole 819200 973200 AMIS HOLDINGS INC COM 031538101 20878 2304450 SH Sole 724250 1580200 AMR CORPORATION COM 001765106 449859 16630635 SH Sole 3199735 13430900 APPLERA-APPLIED BIOSYS COM 038020103 612611 22572240 SH Sole 4597590 17974650 APPLERA-CELERA GENOMICS COM 038020202 12550 1073600 SH Sole 1073600 APPLIED MATERIALS COM 038222105 214967 12276800 SH Sole 3202000 9074800 APPLIED MICRO CIRCUITS COM 03822W109 326 80000 SH Sole 80000 ARCH COAL, INC. COM 039380100 15606 205500 SH Sole 5500 200000
PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- ARVINMERITOR COM 043353101 24292 1629250 SH Sole 1629250 ASM LITHOGRAPHY COM N07059111 467685 22959500 SH Sole 7684900 15274600 AUTODESK, INC. COM 052769106 98064 2545800 SH Sole 5800 2540000 AVERY DENNISON CORP. COM 053611109 163478 2795450 SH Sole 696900 2098550 AVID TECHNOLOGY COM 05367P100 24207 557000 SH Sole 43000 514000 AVOCENT CORP. COM 053893103 8343 262850 SH Sole 38500 224350 AVON PRODUCTS COM 054303102 89628 2875450 SH Sole 757450 2118000 BANK OF NEW YORK COM 064057102 560272 15545845 SH Sole 4201795 11344050 BED BATH & BEYOND INC. COM 075896100 21139 550500 SH Sole 9000 541500 BERKSHIRE HATHAWAY B COM 084670207 447556 148591 SH Sole 59771 88820 BEST BUY CO INC COM 086516101 178366 3189100 SH Sole 396400 2792700 BIOGEN IDEC COM 09062X103 1608387 34148350 SH Sole 7621621 26526729 BIOMARIN PHARMA COM 09061G101 92509 6893387 SH Sole 1842687 5050700 BLUE NILE INC. COM 09578R103 2104 59800 SH Sole 14600 45200 BOSTON SCIENTIFIC CORP COM 101137107 6362 276000 SH Sole 26000 250000 BRONCO DRILLING COM 112211107 1323 50300 SH Sole 18000 32300 BRUNSWICK CORP. COM 117043109 4352 112000 SH Sole 112000 BUNGE LTD COM G16962105 18696 335600 SH Sole 600 335000 BURLINGTON NORTHERN COM 12189T104 8516 102200 SH Sole 2200 100000 CALIFORNIA PIZZA KITCHEN COM 13054D109 1598 49250 SH Sole 12500 36750 CANADIAN NATL RY COM 136375102 67763 1496530 SH Sole 1120030 376500 CAPITAL ONE FINCL. CORP. COM 14040H105 59416 737900 SH Sole 45000 692900 CARMAX INC. COM 143130102 281975 8628370 SH Sole 3846370 4782000 CATERPILLAR INC DEL COM 149123101 956276 13316750 SH Sole 4909900 8406850 CHARLES RIVER LAB COM 159864107 647 13200 SH Sole 13200 CHEVRON CORP. COM 166764100 103070 1777993 SH Sole 594252 1183741 CHICAGO BRIDGE & IRON COM 167250109 3264 136000 SH Sole 11000 125000 CHIRON CORP COM 170040109 73795 1610900 SH Sole 208100 1402800
PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- CHUBB CORP. COM 171232101 590156 6183525 SH Sole 1897500 4286025 CIENA CORP COM 171779101 25468 4888200 SH Sole 568300 4319900 CITRIX SYSTEMS INC. COM 177376100 552947 14589626 SH Sole 2363326 12226300 COHERENT INC COM 192479103 75450 2148950 SH Sole 2148950 COMCAST CORP CABLE COM 20030N101 138324 5287600 SH Sole 1649700 3637900 COMMERCE BANCORP, INC. COM 200519106 1099 30000 SH Sole 30000 COMVERSE TECHNOLOGY COM 205862402 191296 8129890 SH Sole 1043415 7086475 CONCEPTUS, INC. COM 206016107 5637 429950 SH Sole 94950 335000 CONCURRENT COMPUTER COM 206710204 11403 3530400 SH Sole 3530400 CONOCOPHILLIPS COM 20825C104 1098913 17401624 SH Sole 3439024 13962600 CONTINENTAL AIRLINES CL B COM 210795308 1719 63900 SH Sole 63900 COOPER CAMERON CORP. COM 216640102 70030 1588700 SH Sole 816800 771900 COOPER TIRE & RUBBER CO. COM 216831107 38338 2673500 SH Sole 2183700 489800 CORNING INC COM 219350105 1171833 43530200 SH Sole 7863450 35666750 COSTCO WHOLESALE COM 22160K105 505389 9331398 SH Sole 1460598 7870800 COTT CORPORATION COM 22163N106 55911 4340940 SH Sole 2125240 2215700 CYMER, INC. COM 232572107 29391 646800 SH Sole 146800 500000 DEERE & CO COM 244199105 99583 1259750 SH Sole 1000 1258750 DELL, INC COM 24702R101 15118 508000 SH Sole 3000 505000 DENDREON CORP. COM 24823Q107 10234 2172750 SH Sole 110000 2062750 DESCARTES SYS GRP INC COM 249906108 21781 5762290 SH Sole 966390 4795900 DIRECTV GROUP, INC. COM 25459L106 915604 55829491 SH Sole 12048206 43781285 DISNEY WALT CO. COM 254687106 207654 7445474 SH Sole 973150 6472324 DOLBY LABORATORIES COM 25659T107 738 35300 SH Sole 31300 4000 DONALDSON INC COM 257651109 54334 1608000 SH Sole 1608000 DOW CHEMICAL CO. COM 260543103 355563 8757701 SH Sole 2103394 6654307 DREAM WORKS ANIMATION COM 26153C103 7112 268900 SH Sole 268900 DRESS BARN INC COM 261570105 110947 2313800 SH Sole 113800 2200000
PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- E SPEED, INC. COM 296643109 2574 323000 SH Sole 36000 287000 EAST WEST BANCORP COM 27579R104 23901 620000 SH Sole 5000 615000 EASTMAN KODAK COM 277461109 368196 12946400 SH Sole 3002500 9943900 EBAY INC. COM 278642103 396189 10158700 SH Sole 1115500 9043200 EDWARDS LIFE COM 28176E108 16791 386000 SH Sole 386000 EMC CORP/MASS COM 268648102 210836 15468500 SH Sole 4579400 10889100 EMULEX CORP. COM 292475209 110301 6454100 SH Sole 1556100 4898000 ENCANA CORP. COM 292505104 169957 3637000 SH Sole 260300 3376700 ENTEGRIS,INC COM 29362U104 62241 5849677 SH Sole 989892 4859785 EOG RESOURCES, INC. COM 26875P101 99900 1387500 SH Sole 20200 1367300 ERICSSON (LM) TEL 'B' ADS COM 294821608 289019 7662219 SH Sole 2043472 5618747 EXPEDIA INC. COM 30212P105 8275 408250 SH Sole 408250 FAMILY DOLLAR STORES COM 307000109 7980 300000 SH Sole 300000 FARO TECHNOLOGIES, INC. COM 311642102 1311 92000 SH Sole 64000 28000 FEDERAL NATL MTG ASSN COM 313586109 104213 2027500 SH Sole 41000 1986500 FEDEX CORP COM 31428X106 2459416 21776307 SH Sole 3837182 17939125 FIFTH THIRD BANCORP COM 316773100 27387 695800 SH Sole 69000 626800 FIRST DATA CORP. COM 319963104 88346 1886937 SH Sole 526200 1360737 FLUOR CORP. COM 343412102 269283 3138500 SH Sole 773300 2365200 FORMFACTOR, INC COM 346375108 13534 344200 SH Sole 86700 257500 FREDDIE MAC COM 313400301 22128 362750 SH Sole 65000 297750 FREESCALE SEMI B COM 35687M206 90343 3253262 SH Sole 529821 2723441 GENTEX CORPORATION COM 371901109 11628 666000 SH Sole 66000 600000 GENZYME CORP. COM 372917104 453867 6751969 SH Sole 1829219 4922750 GLAXOSMITHKLINE plc (ADR) COM 37733W105 411565 7867800 SH Sole 3065100 4802700 GLOBAL SANTA FE CORP COM G3930E101 106902 1759700 SH Sole 1400 1758300 GOOGLE COM 38259P508 318679 817125 SH Sole 37300 779825 GRANITE CONSTR INC COM 387328107 155883 3202200 SH Sole 4000 3198200
PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- GREATBATCH, INC. COM 39153L106 33374 1523250 SH Sole 1296250 227000 GUIDANT CORP COM 401698105 929774 11911011 SH Sole 2863586 9047425 HANMI FINANCIAL CORPORATION COM 410495105 226 12500 SH Sole 10000 2500 HANOVER COMPRESSOR CO COM 410768105 26498 1423100 SH Sole 38000 1385100 HARMAN INTERNATIONAL COM 413086109 20248 182200 SH Sole 182200 HEWLETT-PACKARD CO. COM 428236103 577048 17539444 SH Sole 2452268 15087176 IAC/INTERACTIVE CORP COM 44919P300 3190 108250 SH Sole 108250 ICOS CORP COM 449295104 154286 6997116 SH Sole 3250016 3747100 IMAX CORP. COM 45245E109 1398 137750 SH Sole 9750 128000 INCO LIMITED COM 453258402 311322 6240175 SH Sole 663800 5576375 INPHONIC INC. COM 45772G105 863 123500 SH Sole 44000 79500 INTEL CORP COM 458140100 549299 28227091 SH Sole 8238294 19988797 INTERSIL CORPORATION COM 46069S109 151745 5247075 SH Sole 1411275 3835800 INTL PAPER CO COM 460146103 47028 1360360 SH Sole 1133660 226700 INTUIT INC COM 461202103 561120 10549357 SH Sole 2162357 8387000 IROBOT CORP COM 462726100 445 16000 SH Sole 5000 11000 JET BLUE AIRWAYS COM 477143101 81527 7605174 SH Sole 3548274 4056900 JPMORGAN CHASE & CO. COM 46625H100 51327 1232648 SH Sole 145000 1087648 KIRBY CORP. COM 497266106 145557 2137088 SH Sole 1821988 315100 KLA-TENCOR CORP. COM 482480100 18585 384300 SH Sole 34300 350000 KOHLS CORP. COM 500255104 286320 5401250 SH Sole 1699150 3702100 LASERSCOPE COM 518081104 3188 134800 SH Sole 134800 LILLY ELI & CO COM 532457108 1408622 25472362 SH Sole 7716653 17755709 LOWES COS INC COM 548661107 141552 2196650 SH Sole 211200 1985450 MACDERMID INC COM 554273102 54981 1710150 SH Sole 1710150 MACROVISION CORP. COM 555904101 134539 6073981 SH Sole 1885956 4188025 MARKETAXESS HLDGS INC. COM 57060D108 1563 129900 SH Sole 54700 75200 MARSH & MCLENNAN COS. COM 571748102 376644 12828475 SH Sole 4069200 8759275
PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- MARTIN MARIETTA MATLS COM 573284106 30942 289100 SH Sole 242600 46500 MATTEL INC COM 577081102 139826 7712400 SH Sole 2975000 4737400 MAXTOR CORP. COM 577729205 1434 150000 SH Sole 150000 MBIA, INC. COM 55262C100 42688 709925 SH Sole 16200 693725 MCAFEE, INC. COM 579064106 7490 307850 SH Sole 87850 220000 MCDERMOTT INTL. COM 580037109 3125 57400 SH Sole 37400 20000 MEDTRONIC INC COM 585055106 734044 14463930 SH Sole 3868154 10595776 MENS WEARHOUSE COM 587118100 166831 4641932 SH Sole 983882 3658050 MICRON TECHNOLOGY INC COM 595112103 842401 57228306 SH Sole 8059069 49169237 MICROSOFT CORP. COM 594918104 1122187 41241707 SH Sole 7302960 33938747 MILLIPORE CORP COM 601073109 481112 6585169 SH Sole 1565719 5019450 MINERALS TECHNOLOGIES COM 603158106 120424 2061700 SH Sole 392600 1669100 MONSANTO CO. COM 61166W101 850443 10034727 SH Sole 2980449 7054278 MONSTER WORLDWIDE COM 611742107 1147 23000 SH Sole 23000 MOTOROLA, INC. COM 620076109 522680 22814496 SH Sole 3679183 19135313 MURPHY OIL CORP. COM 626717102 315012 6323000 SH Sole 2393300 3929700 NATIONAL-OILWELL VARCO COM 637071101 288538 4499967 SH Sole 2776241 1723726 NAVTEQ CORP COM 63936L100 16978 335200 SH Sole 130200 205000 NEWMONT MINING CO COM 651639106 122953 2369500 SH Sole 1795800 573700 NEWS CORP Cl A COM 65248E104 132956 8004564 SH Sole 927524 7077040 NOBLE CORP COM G65422100 101898 1256450 SH Sole 442250 814200 NOBLE ENERGY INC. COM 655044105 373619 8506800 SH Sole 749900 7756900 NORDSTROM, INC. COM 655664100 312292 7970700 SH Sole 3171300 4799400 NORFOLK SOUTHERN COM 655844108 81835 1513500 SH Sole 1236300 277200 NORTEL NETWORK CORP. COM 656568102 459203 150558325 SH Sole 32498625 118059700 NOVARTIS AG ADR COM 66987v109 1652163 29800922 SH Sole 7680462 22120460 NVIDIA CORP. COM 67066g104 413566 7222607 SH Sole 1681757 5540850 OPSWARE COM 68383A101 5392 629200 SH Sole 112200 517000
PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- ORACLE CORP. COM 68389X105 777800 56815225 SH Sole 11602425 45212800 PALL CORP COM 696429307 306217 9817800 SH Sole 2561700 7256100 PAYCHEX INC. COM 704326107 69556 1669600 SH Sole 17200 1652400 PFIZER INC. COM 717081103 1162518 46649993 SH Sole 9017789 37632204 PHARMACYCLICS INC. COM 716933106 5452 1185150 SH Sole 121900 1063250 PHELPS DODGE CORP. COM 717265102 49027 608800 SH Sole 224800 384000 PIONEER NATURAL RES CO COM 723787107 87082 1967950 SH Sole 584450 1383500 PLANTRONICS INC NEW COM 727493108 208355 5880750 SH Sole 5880750 POGO PRODUCING CO COM 730448107 314999 6268646 SH Sole 1496046 4772600 POSSIS MEDICAL COM 737407106 3751 369200 SH Sole 369200 POTASH CORP SASK INC COM 73755L107 923951 10488715 SH Sole 2818315 7670400 PRAXAIR, INC. COM 74005P104 322337 5844725 SH Sole 1502850 4341875 PRIDE INTERNATIONAL COM 74153Q102 94238 3022400 SH Sole 1508800 1513600 QUALCOMM INCORP. COM 747525103 777380 15360210 SH Sole 3734810 11625400 QUIKSILVER COM 74838C106 60812 4387600 SH Sole 2387000 2000600 RADVISION LTD COM M81869105 3222 180500 SH Sole 35250 145250 RAMBUS INC DEL COM COM 750917106 395309 10048527 SH Sole 1804927 8243600 RESEARCH IN MOTION COM 760975102 456050 5372874 SH Sole 1230574 4142300 REX STORES CORP COM COM 761624105 3391 225000 SH Sole 225000 ROBERT HALF INTL COM 770323103 363821 9422976 SH Sole 1036826 8386150 ROCHE HOLDING AG-CHF COM 7110388 582584 3915800 SH Sole 31000 3884800 SCHLUMBERGER LTD COM 806857108 624806 4936447 SH Sole 1405497 3530950 SEMICONDUCTOR MANUFACT COM 81663N206 241 32200 SH Sole 32200 SENOMYX INC COM 81724Q107 1722 104600 SH Sole 60100 44500 SEPRACOR INC COM 817315104 428979 8788753 SH Sole 3355078 5433675 SILICON LABS INC. COM 826919102 4825 87800 SH Sole 22800 65000 SLM CORPORATION COM 78442P106 6752 130000 SH Sole 130000 SONICWALL, INC. COM 835470105 574 81000 SH Sole 72000 9000
PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- SONY CORP ADR NEW COM 835699307 609810 13236600 SH Sole 3139000 10097600 SOUTHWEST AIRLS CO COM 844741108 670630 37277912 SH Sole 9111650 28166262 SPRINT NEXTEL COM 852061100 573388 22189945 SH Sole 4018945 18171000 STATE STREET CORP COM 857477103 14237 235600 SH Sole 35600 200000 STRATASYS,INC COM 862685104 1760 59700 SH Sole 45700 14000 STRATTEC SEC CORP COM 863111100 15287 409937 SH Sole 184837 225100 SURMODICS, INC. COM 868873100 1825 51600 SH Sole 51600 SYMANTEC COM 871503108 549495 32649752 SH Sole 7876852 24772900 SYMBOL TECHNOLOGIES COM 871508107 55335 5230150 SH Sole 5230150 TARGET CORPORATION COM 87612E106 290590 5587197 SH Sole 333505 5253692 TCF FINANCIAL CORP. COM 872275102 9012 350000 SH Sole 20000 330000 TEKTRONIX INC COM 879131100 404691 11332708 SH Sole 1812658 9520050 TELLABS INC COM 879664100 1070 67314 SH Sole 52920 14394 TEMPLE INLAND INC COM 879868107 207818 4664830 SH Sole 1181630 3483200 TEXAS INSTRS. INC. COM 882508104 1305390 40202964 SH Sole 10075464 30127500 THE 9 LDT ADS COM 88337K104 1785 60000 SH Sole 60000 THOMAS & BETTS COM 884315102 228245 4442300 SH Sole 2300 4440000 THQ, INC. COM 872443403 133072 5139900 SH Sole 41900 5098000 TIFFANY & CO. COM 886547108 49564 1320300 SH Sole 124000 1196300 TIME WARNER INC. COM 887317105 247736 14754944 SH Sole 3954294 10800650 TJX COS INC NEW COM 872540109 506891 20422675 SH Sole 1623900 18798775 TOM HILFIGER COMPANY COM G8915Z102 50487 3065381 SH Sole 829881 2235500 TRANSATLANTIC HLDGS COM 893521104 62060 1061762 SH Sole 1061762 TRANSOCEAN INC COM G90078109 117320 1461025 SH Sole 2400 1458625 TRIMBLE NAVIGATION COM 896239100 198397 4403922 SH Sole 2395772 2008150 UNION PACIFIC CORP. COM 907818108 1049686 11244624 SH Sole 2772324 8472300 UNITED PARCEL SVC INC. COM 911312106 30951 389906 SH Sole 61396 328510 UNIVISION COMMUNICATIONS COM 914906102 334945 9717000 SH Sole 2477400 7239600
PRIMECAP Management Company FORM 13F MARCH 31, 2006
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 ------------------------- ---------------- --------- -------- --------- ----- ------ ------------ -------- -------- ------ --------- VERISIGN INC. COM 92343E102 175331 7308490 SH Sole 2708022 4600468 VULCAN MATERIALS CO. COM 929160109 135331 1561810 SH Sole 1185010 376800 WASHINGTON MUTUAL, INC. COM 939322103 13340 313000 SH Sole 113000 200000 WATERS CORP COM 941848103 54544 1264050 SH Sole 668450 595600 WEIGHT WATCHERS INT'L COM 948626106 11308 220000 SH Sole 220000 WELLS FARGO & CO. COM 949746101 38846 608200 SH Sole 30000 578200 WENDY'S INTL. INC. COM 950590109 329 5300 SH Sole 5300 WEYERHAEUSER CO. COM 962166104 543079 7497989 SH Sole 1575064 5922925 WJ COMMUNICATIONS COM 929284107 302 120000 SH Sole 120000 YAHOO!INC. COM 984332106 148732 4610400 SH Sole 2031100 2579300 YUM BRANDS INC. COM 988498101 85957 1759250 SH Sole 414750 1344500 REPORT SUMMARY 235 DATA RECORDS 55342363 0 OTHER MANAGERS ON WHOSE BEHALF REPORT IS FILED