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EdgePoint Invests Big in Amazon, Snaps Up Over a Billion Dollar Stake

Guavy AI Editorial Team
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AMZN
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EdgePoint Investment Group Inc., a financial institution, has made significant investments in Amazon.com, Inc. (NASDAQ:AMZN) during the first quarter of this year.

According to the company's latest Form 13F filing with the Securities & Exchange Commission, EdgePoint purchased 1,345,120 shares of Amazon's stock, worth approximately $280,148,000.

This acquisition accounts for about 2.2% of EdgePoint's portfolio and positions Amazon as its 17th biggest holding.

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