Amazon.com Stake Grows as Hedge Funds Increase Holdings

Mill Capital Management LLC has recently acquired 193,725 shares of Amazon.com, Inc. ($AMZN), valued at approximately $46,172,000, as per its most recent Form 13F filing with the Securities & Exchange Commission.

This purchase represents a new stake in the e-commerce giant's stock for Mill Capital Management LLC and comprises about 3.1% of their investment portfolio, making it their 9th largest holding.

A number of other hedge funds have also made changes to their positions in Amazon.com during the fourth quarter, with notable increases from Auto Owners Insurance Co., J. Stern & Co. LLP, Nuveen LLC, and Cardano Risk Management B.V.