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Avalon Trust Co Dives Deep into Amazon with $87 Million Bet

Guavy AI Editorial Team Published September 9, 2026

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AMZN

Avalon Trust Co has made a significant investment in Amazon.com, Inc. (NASDAQ:AMZN), purchasing approximately $87.25 million worth of shares during the second quarter.

The company's new stake in Amazon accounts for 5.4% of Avalon Trust Co's investment portfolio and makes it their fifth largest position.

This is not an isolated incident, as several other institutional investors have also increased their holdings in Amazon.com recently.

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