Egerton Capital UK LLP Increases Stake in Amazon
Egerton Capital UK LLP has significantly increased its holdings in Amazon.com, Inc. (NASDAQ:AMZN) by 51.2% in the second quarter. The institutional investor now owns 3,573,408 shares of the e-commerce giant's stock after acquiring an additional 1,210,074 shares during the quarter.
The value of Egerton Capital UK LLP's holdings in Amazon.com was $851,686,000 as of its most recent SEC filing. This represents a significant portion of the firm's investment portfolio, making up approximately 8.2% of its total assets.
Other hedge funds have also made changes to their positions in Amazon.com during the second quarter. Envestnet Portfolio Solutions Inc., for example, lifted its position in shares of the company by 13.7%, while B.O.S.S. Retirement Advisors LLC boosted its holdings in shares of Amazon.com by 5.3%.