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Auxano Advisors Pours $28 Million into Amazon.com

Guavy AI Editorial Team
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AMZN
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Auxano Advisors LLC has made a significant investment in Amazon.com, Inc. (NASDAQ:AMZN) by acquiring 120,523 shares of the e-commerce giant's stock, valued at approximately $28,725,000.

This new stake makes up about 5.4% of Auxano Advisors LLC's portfolio, making Amazon.com its 5th biggest position.

Amazon.com has seen significant institutional investment in recent quarters, with Norges Bank buying a new position worth $32,868,735,000 and Auto Owners Insurance Co lifting its position by 27,376.7% to own 98,448,885 shares of the company's stock.

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