Leisure Capital Management Bolsters Amazon Investment to $3.385 Million

Leisure Capital Management has increased its investment in Amazon.com (NASDAQ:AMZN) by acquiring an additional 3,135 shares during the 2nd quarter. The institutional investor now owns 14,201 shares of the e-commerce giant's stock, representing a 28.3% increase from the previous period.

The value of Leisure Capital Management's holdings in Amazon.com is approximately $3.385 million at the end of the most recent quarter. This investment accounts for about 1.1% of the company's overall portfolio and ranks as its 19th largest position.

This move by Leisure Capital Management is not an isolated incident, as several other hedge funds have also increased their stakes in Amazon.com during the same period. Trust Asset Management LLC, for example, acquired an additional 3,414 shares of Amazon's stock, bringing its total holdings to 107,563 shares worth $26,000.