Stocks
Legacy CG Trims Amazon Stake by Nearly 10% Amid Q2 Sell-Off
Legacy CG LLC recently reduced its stake in Amazon.com by 9.8% during the second quarter, according to its latest Form 13F filing with the Securities & Exchange Commission.
The company owned 41,972 shares of Amazon's stock after selling 4,560 shares during the quarter.
Amazon accounts for approximately 2.6% of Legacy CG LLC's portfolio, making it the firm's 10th largest holding.
The stock was worth $10,004,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in Amazon.com, including MilWealth Group LLC, which grew its position by 79.0% during the fourth quarter, and Elkhorn Partners Limited Partnership, which boosted its stake by 900.0% in the same period.