Amazon Stake Boosted by Hamilton Wealth LLC Amid Strong Earnings Growth
Hamilton Wealth LLC increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.5% during the first quarter, according to its most recent 13F filing with the SEC. The fund owned 119,172 shares of the e-commerce giant's stock after buying an additional 2,858 shares during the period.
Amazon.com accounts for 4.7% of Hamilton Wealth LLC's portfolio, making the stock its seventh largest position. Hamilton Wealth LLC's holdings in Amazon.com were worth $24.8 million at the end of the most recent quarter.
Other hedge funds and institutional investors have also bought or sold shares of the company. MilWealth Group LLC increased its stake in Amazon.com by 79% during the fourth quarter, while Lifetime Wealth Management P.C. purchased a new position in the e-commerce giant worth $45,000.