<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/schedule13D" xmlns:com="http://www.sec.gov/edgar/common">
  <schemaVersion>X0202</schemaVersion>
<headerData>
    <submissionType>SCHEDULE 13D/A</submissionType>
    <previousAccessionNumber>0002158621-26-000002</previousAccessionNumber>
    <filerInfo>
      <filer>
        <filerCredentials>
          <cik>0002158621</cik>
          <ccc>XXXXXXXX</ccc>
        </filerCredentials>
      </filer>
      <liveTestFlag>LIVE</liveTestFlag>



    </filerInfo>
  </headerData>
  <formData>
    <coverPageHeader>
      <amendmentNo>1</amendmentNo>
      <securitiesClassTitle>PRIMECAP Odyssey Discovery ETF</securitiesClassTitle>
      <dateOfEvent>10/30/2026</dateOfEvent>
      <previouslyFiledFlag>false</previouslyFiledFlag>
      <issuerInfo>
        <issuerCIK>0001293967</issuerCIK>
        <issuerCusips>
          <issuerCusipNumber>74160Q400</issuerCusipNumber>
        </issuerCusips>
        <issuerName>PRIMECAP Odyssey Funds</issuerName>
        <address>
          <com:street1>177 EAST COLORADO BOULEVARD, 11TH FLOOR</com:street1>
          <com:street2>177 EAST COLORADO BOULEVARD, 11TH FLOOR</com:street2>
          <com:city>PASADENA</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>91105</com:zipCode>
        </address>
      </issuerInfo>
      <authorizedPersons>
        <notificationInfo>
          <personName>Jennifer A. Ottosen</personName>
          <personPhoneNum>(626) 304-9222</personPhoneNum>
          <personAddress>
            <com:street1>PRIMECAP Management Company</com:street1>
            <com:street2>177 East Colorado Boulevard, 11th Floor</com:street2>
            <com:city>Pasadena</com:city>
            <com:stateOrCountry>CA</com:stateOrCountry>
            <com:zipCode>91105</com:zipCode>
          </personAddress>
        </notificationInfo>
        <notificationInfo>
          <personName>Sara P. Crovitz</personName>
          <personPhoneNum>(212) 451-2300</personPhoneNum>
          <personAddress>
            <com:street1>Stradley Ronon Stevens Young, LLP</com:street1>
            <com:street2>2000 K Street NW, Suite 700</com:street2>
            <com:city>Washington</com:city>
            <com:stateOrCountry>DC</com:stateOrCountry>
            <com:zipCode>20006</com:zipCode>
          </personAddress>
        </notificationInfo>
      </authorizedPersons>
    </coverPageHeader>
    <reportingPersons>
      <reportingPersonInfo>
        <reportingPersonCIK>0002158621</reportingPersonCIK>
        <reportingPersonNoCIK>N</reportingPersonNoCIK>
        <reportingPersonName>Mordecai Alfred Winborne</reportingPersonName>
        <fundType>PF</fundType>
        <legalProceedings>N</legalProceedings>
        <citizenshipOrOrganization>X1</citizenshipOrOrganization>
        <soleVotingPower>50000.00</soleVotingPower>
        <sharedVotingPower>0.00</sharedVotingPower>
        <soleDispositivePower>50000.00</soleDispositivePower>
        <sharedDispositivePower>0.00</sharedDispositivePower>
        <aggregateAmountOwned>50000.00</aggregateAmountOwned>
        <isAggregateExcludeShares>N</isAggregateExcludeShares>
        <percentOfClass>2.4</percentOfClass>
        <typeOfReportingPerson>IN</typeOfReportingPerson>
        <commentContent>This Amendment No. 1 to Schedule 13D relates to the common shares ("Shares") of PRIMECAP Odyssey Discovery ETF ("POMG"), and amends the initial statement on Schedule 13D filed by the undersigned on October 26, 2026, as specifically set forth herein. This Amendment No. 1 is being filed to reflect a decrease in beneficial ownership of Shares by the Reporting Persons as a result of the 2,060,000 Shares of POMG outstanding on October 30, 2026.</commentContent>
      </reportingPersonInfo>
    </reportingPersons>
    <items1To7>
      <item1>
        <securityTitle>PRIMECAP Odyssey Discovery ETF</securityTitle>
        <issuerName>PRIMECAP Odyssey Funds</issuerName>
        <issuerPrincipalAddress>
          <com:street1>177 EAST COLORADO BOULEVARD, 11TH FLOOR</com:street1>
          <com:street2>177 EAST COLORADO BOULEVARD, 11TH FLOOR</com:street2>
          <com:city>PASADENA</com:city>
          <com:stateOrCountry>CA</com:stateOrCountry>
          <com:zipCode>91105</com:zipCode>
        </issuerPrincipalAddress>
      </item1>
      <item5>
        <percentageOfClassSecurities>The Reporting person owns 50,000 shares of POMG, which accounts for 2.42% of the total outstanding shares.</percentageOfClassSecurities>
        <numberOfShares>Sole Voting Power: 50,000 shares
Shared Voting Power: 0
Sole Dispositive Power: 50,000 shares
Shared Dispositive Power: 0
</numberOfShares>
        <listOfShareholders>N/A</listOfShareholders>
        <date5PercentOwnership>As of October 30, 2026, the Reporting Person ceased to be the beneficial owner of more than five percent of the class of securities.</date5PercentOwnership>
      </item5>
      <item6>
        <contractDescription>None</contractDescription>
      </item6>
      <item7>
        <filedExhibits>None</filedExhibits>
      </item7>
    </items1To7>
    <signatureInfo>
      <signaturePerson>
        <signatureReportingPerson>Mordecai Alfred Winborne</signatureReportingPerson>
        <signatureDetails>
          <signature>/s/Alfred W. Mordecai</signature>
          <title>Alfred W. Mordecai, President</title>
          <date>11/02/2026</date>
        </signatureDetails>
      </signaturePerson>
    </signatureInfo>
  </formData>
</edgarSubmission>
