Livforsakringsbolaget Skandia Omsesidigt Buys Nearly Half a Million Amazon Shares

Livforsakringsbolaget Skandia Omsesidigt bought nearly half a million shares of Amazon.com, Inc. ($AMZN) in the second quarter, according to its most recent filing with the SEC.

The institutional investor purchased 474,381 shares valued at approximately $112,988,000, making up about 3.6% of Livforsakringsbolaget Skandia Omsesidigt's holdings and its sixth largest position in Amazon.com.

A number of other investors also made changes to their positions in Amazon.com during the first quarter, including Red Crane Wealth Management LLC, which lifted its position by 2.3%, Robinson Smith Wealth Advisors LLC, which increased its holdings by 0.7%, and Measured Risk Portfolios Inc., which raised its stake by 3.4%.

Hedge funds and other institutional investors own about 72.20% of Amazon.com's stock.