Primecap Management’s Willis Towers Watson WTW Stock Holding History

Primecap Management’s Portfolio WTW Stock Details WTW Fund Activity

Bought

Maintained

Sold

Quarter	Market Value	Status	Shares	Change in Stake	Trade Value	Portfolio Weight	Portfolio Position
2015 Q4	–	Sell	-131,446	Closed	-$14.3M	–	274
2015 Q3	$14.3M	Hold	131,446	–	–	0.02%	207
2015 Q2	$16.3M	Hold	131,446	–	–	0.02%	206
2015 Q1	$16.8M	Sell	131,446 -637,015	-83%	-$78.2M	0.02%	203
2014 Q4	$91.2M	Sell	768,461 -421,363	-35%	-$47.1M	0.09%	135
2014 Q3	$130M	Sell	1,189,824 -335,031	-22%	-$37.2M	0.14%	109
2014 Q2	$175M	Sell	1,524,855 -29,181	-2%	-$3.28M	0.19%	96
2014 Q1	$182M	Sell	1,554,036 -21,253	-1%	-$2.42M	0.21%	95
2013 Q4	$187M	Sell	1,575,289 -19,869	-1%	-$2.35M	0.22%	89
2013 Q3	$183M	Sell	1,595,158 -37,562	-2%	-$4.24M	0.24%	86
2013 Q2	$176M	Buy	+1,632,720	New	+$173M	0.25%	83

Other funds holding WTW

T. Rowe Price Associates Baltimore, Maryland $999B AUM 46.22% 1-Year Est. Return

ValueAct Holdings San Francisco, California $5.63B AUM 5.11% 1-Year Est. Return

Harris Associates Chicago, Illinois $75.4B AUM 14.46% 1-Year Est. Return

Vanguard Group Malvern, Pennsylvania $6.9T AUM 27.45% 1-Year Est. Return

First Eagle Investment Management New York $60.8B AUM 26.63% 1-Year Est. Return

CCM

Cantillon Capital Management New York $665M AUM 25.91% 1-Year Est. Return

Invesco Atlanta, Georgia $1.26T AUM 61.52% 1-Year Est. Return

Diamond Hill Capital Management Columbus, Ohio $12.5B AUM 7.49% 1-Year Est. Return

Pzena Investment Management New York $34.1B AUM 23.81% 1-Year Est. Return

AGA

Altrinsic Global Advisors Stamford, Connecticut $2.72B AUM 7.92% 1-Year Est. Return

Primecap Management's WTW Position: Q4 2015 in Review

Primecap Management sold out of Willis Towers Watson (WTW) in Q4 2015, closing a stake of 131,446 shares — an estimated $14.3M sold.

Primecap Management first reported a position in WTW in Q2 2013 and held it in 10 quarters. The position peaked at $187M in Q4 2013. 225 funds tracked by Wall St. Rank hold WTW as of Q4 2015.

Primecap Management reported no remaining Willis Towers Watson position as of Q4 2015 after selling out during the quarter.
Primecap Management sold 131,446 Willis Towers Watson shares in Q4 2015, an estimated $14.3M.
Primecap Management first reported a position in Willis Towers Watson in Q2 2013 and held it in 10 quarters.
Primecap Management's Willis Towers Watson position peaked at $187M in Q4 2013.
225 funds tracked by Wall St. Rank held Willis Towers Watson as of Q4 2015.

Based on Primecap Management's 13F filing for Q4 2015, filed 12 Feb 2016.