Amazon.com Draws Institutional Investors Amid Record Growth

Envision Financial Transparency LLC has acquired 2,198 shares of Amazon.com's stock valued at approximately $458,000 in the first quarter. This move is part of a larger trend where institutional investors and hedge funds are increasing their stakes in the e-commerce giant.

According to the source, Norges Bank acquired a new stake in shares of Amazon.com in the fourth quarter valued at approximately $32.9 billion. Auto Owners Insurance Co lifted its holdings in Amazon.com by 27,376.7% during the fourth quarter and now owns 98.4 million shares worth $2.3 billion.

J. Stern & Co. LLP also lifted its holdings in Amazon.com by 20,598.0% during the fourth quarter and now owns 87.9 million shares worth $20.3 billion. Nuveen LLC bought a new position in Amazon.com in the first quarter valued at $11.7 billion.

Cardano Risk Management B.V. raised its position in shares of Amazon.com by 879.4% during the fourth quarter and now owns 27.9 million shares worth $6.4 billion.