SCHEDULE 13G/A: PRIMECAP Management Discloses Continued Significant Stake in Xometry, Inc.

PRIMECAP Management Co/CA/ has filed an amended Schedule 13G, reporting a 12.98% beneficial ownership stake in Xometry, Inc. as of March 31, 2025.

Summary

• PRIMECAP Management Co/CA/ has filed an Amendment No. 2 to Schedule 13G regarding its beneficial ownership in Xometry, Inc.
• As of March 31, 2025, PRIMECAP Management Co/CA/ beneficially owns an aggregate of 6,337,962 shares of Xometry, Inc. common stock.
• This ownership represents 12.98% of Xometry, Inc.'s total outstanding common stock.
• PRIMECAP Management Co/CA/ holds sole voting power over 5,698,697 shares and sole dispositive power over all 6,337,962 shares.
• The filing indicates that PRIMECAP Odyssey Growth Fund holds an interest of more than 5% of Xometry, Inc.'s total outstanding common stock.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 6

Explanation: The document is a routine ownership disclosure, indicating a significant, passive stake by a reputable investment adviser. It doesn't contain positive or negative operational news about the company itself, but the continued large holding by an institutional investor can be seen as a neutral to slightly positive signal of confidence.

Positives

• A significant institutional investor, PRIMECAP Management Co/CA/, maintains a substantial stake (12.98%) in Xometry, Inc., indicating continued confidence in the company.
• The filing confirms the investment is for ordinary course of business purposes, not for control, suggesting a passive, long-term investment perspective.

Future Outlook

This Schedule 13G filing does not contain any forward-looking statements or guidance regarding Xometry, Inc.'s future outlook, as it is solely a disclosure of beneficial ownership.

Management Comments

• "To the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities."

Industry Context

This filing is a routine disclosure of a significant institutional ownership stake in Xometry, Inc., a company operating in the on-demand manufacturing and supply chain industry. Such disclosures are common and reflect investment decisions by large asset managers within their portfolio strategies, rather than specific industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: The disclosure of a significant institutional holding by PRIMECAP Management Co/CA/ may provide a degree of confidence to other shareholders, indicating a large, long-term investor is maintaining its position. It also clarifies the ownership structure.

Key Dates

Recommendation

Keywords

Xometry Inc., PRIMECAP Management, Schedule 13G, Beneficial Ownership, Investment Adviser, Common Stock, Institutional Investor, SEC Filing, 98423F109