Advent Invests Heavily in Amazon
Advent International L.P., a global private equity firm, has taken a significant position in Amazon.com, Inc. ($AMZN). According to its latest Form 13F filing with the SEC, Advent acquired approximately 289,624 shares of AMZN's stock during the second quarter, valued at around $69.03 million.
This acquisition represents about 0.4% of Advent International L.P.'s portfolio and makes Amazon.com its 13th largest holding.