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Amazon Stock Gains Significant Boost from Groupama Asset Management

Guavy AI Editorial Team
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AMZN
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Groupama Asset Management has significantly increased its stake in Amazon.com (NASDAQ:AMZN) by lifting its position by 3.3% in the first quarter, according to a recent 13F filing with the Securities & Exchange Commission.

The institutional investor now owns 972,130 shares of Amazon's stock, which represents 2.9% of Groupama Asset Management's holdings and is its 8th largest position.

The total value of Groupama Asset Management's holdings in Amazon.com was $202,466,000 at the end of the most recent quarter.

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