Stocks
Amazon.com Lands New Backer as Concord Investment Counsel Buys In
Concord Investment Counsel Inc., a financial services company, has acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter of this year, according to its most recent 13F filing with the SEC.
The fund purchased 106,190 shares of Amazon's stock, valued at approximately $25,137,000.
This investment accounts for about 6.9% of Concord Investment Counsel Inc.'s portfolio and is its third-largest position.
Notably, other hedge funds have also been buying and selling shares of Amazon in recent quarters.