Stocks

Amazon Stake Boosted by Trust Asset Management and Other Hedge Funds

Guavy AI Editorial Team Published August 18, 2026

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AMZN

Trust Asset Management LLC has increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.3% during the second quarter, according to a recent filing with the SEC.

The fund owned 107,563 shares of the e-commerce giant's stock after purchasing an additional 3,414 shares during the period.

This increase in holdings is part of a larger trend, as other hedge funds have also added to their stakes in Amazon.com.

The Wire

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