Stocks
M1 Capital Management LLC Adds Over 11,000 Shares to Its Holdings of Amazon.com
A recent SEC filing revealed that M1 Capital Management LLC has purchased 11,527 shares of Amazon.com, Inc. (NASDAQ:AMZN) stock during the second quarter.
The institutional investor valued these shares at approximately $2,747,000, making up about 1.0% of its investment portfolio and placing it as the company's 16th largest holding.
M1 Capital Management LLC is not the only hedge fund or institutional investor to modify its holdings in Amazon.com this quarter: Bank of New York Mellon Corp acquired a new position worth approximately $16,341,405,000 during the same period.