Amazon.com Ecommerce Giant Sees Significant Investment from Montchanin Asset Management
Montchanin Asset Management LLC has acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission.
The firm bought 4,855 shares of the e-commerce giant's stock valued at approximately $1,011,000, making up about 1.0% of Montchanin Asset Management LLC's portfolio and ranking as its 24th largest holding.
Amazon.com makes up a significant portion of its holdings, with other large investors also having made changes to their positions in AMZN during the quarter.