Stocks
Arrow Capital Management Cuts Amazon Stake by 21.2%
Arrow Capital Management LLC trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 21.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission.
The firm owned 97,686 shares of the e-commerce giant's stock after selling 26,340 shares during the quarter. Amazon.com makes up approximately 14.1% of Arrow Capital Management LLC's investment portfolio, making the stock its second-largest position.
The company's current holdings in Amazon.com were worth $20,345,000 as of its most recent filing with the Securities and Exchange Commission.