Stocks
Danica Pension Invests Big in Amazon, Valued at $259 Million
Danica Pension Livsforsikringsaktieselskab has acquired a significant new stake in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 1,086,800 shares of its e-commerce giant's stock during the 2nd quarter, valued at approximately $259,028,000.
This investment accounts for about 4.1% of Danica Pension Livsforsikringsaktieselskab's investment portfolio, making Amazon.com its 5th biggest position.
In addition to Danica Pension Livsforsikringsaktieselskab, other institutional investors have also increased their stakes in Amazon.com, including Brighton Jones LLC and Bank Pictet & Cie Europe AG.