California Teachers Reduce Amazon Stake by 2.2%
California State Teachers Retirement System reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 2.2% during the first quarter, according to a recent SEC filing.
The fund owned 14,562,158 shares of the e-commerce giant's stock after selling 327,605 shares during the period.
Amazon makes up 3.2% of California State Teachers Retirement System's holdings, making it the fourth-largest position in its portfolio.