Stocks
Amazon's Shareholder a16z Cuts Stake by Over 59%
a16z Perennial Management L.P. has reduced its stake in Amazon.com by 59.7% according to its most recent Form 13F filing with the Securities and Exchange Commission.
The institutional investor owned 9,690 shares of Amazon's stock after selling 14,379 shares during the second quarter.
a16z Perennial Management L.P.'s holdings in Amazon.com were worth $2,310,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also made significant changes to their positions in Amazon.com. Vanguard Group Inc. increased its stake by 1.1% during the first quarter, while State Street Corp lifted its stake by 1.8% in the fourth quarter.