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Generali Cuts Stake in Amazon to 3rd Largest Holding

Guavy AI Editorial Team
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AMZN
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Generali Investments Management Co LLC reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 6.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission.

The institutional investor owned 131,319 shares of the e-commerce giant's stock after selling 8,956 shares during the period.

Amazon.com accounts for approximately 6.8% of Generali Investments Management Co LLC's portfolio, making it the company's third largest position.

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