Lombard Odier Acquires $36 Million Worth of Amazon Shares
Lombard Odier Asset Management Europe Ltd acquired 151,842 shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, valued at approximately $36,190,000.
The institutional investor bought a new position in Amazon's stock, which accounts for 0.1% of Lombard Odier Asset Management Europe Ltd's holdings, making it the company's 11th largest holding.
Several other hedge funds also modified their holdings of the stock during the second quarter. Archer Investment Corp and Fox Hill Wealth Management acquired new stakes in Amazon.com valued at about $4,170,000 and $6,875,000, respectively.