Primecap Management Company is an under-the-radar adviser that doesn’t talk to the media. But it did something no other tracked fund did: it bought Tesla for less than $30 a share in 2011 and hung on to it through the stock’s explosion this year. Primecap advises the Odyssey Funds, which consist of a stock fund, growth fund and aggressive growth fund. In addition to the Odyssey Funds, Primecap manages Vanguard’s Primecap Fund, Primecap Core Fund and Capital Opportunity Fund. Tesla’s share price doubled in each of the proceeding two quarters, to $75, and then to $148.

Source: Forbes April 25, 2017 21:46 UTC