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AXQ Capital LP Doubles Down on Amazon with $4.3 Million Bet

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AMZN
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AXQ Capital LP significantly increased its stake in Amazon.com (NASDAQ:AMZN) by buying an additional 14,344 shares during the second quarter. This boost represents a 372.8% growth in AXQ's position in the e-commerce giant.

The firm now owns 18,192 shares of Amazon.com's stock, valued at $4,336,000, making up approximately 0.5% of its portfolio. This makes Amazon one of the company's 26th largest positions.

Other large investors have also made changes to their holdings in Amazon.com during the second quarter. Montz Harcus Wealth Management LLC increased its stake by 0.6%, Fortune 45 LLC lifted its position by 1.1%, High Net Worth Advisory Group LLC boosted its stake by 3.6%, and Andina Capital Management LLC increased its holding by 24.8%. Additionally, Retireful LLC acquired a new stake in Amazon.com valued at approximately $215,000.

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