OMERS Administration Corp Boosts Amazon Stake

OMERS Administration Corp has significantly increased its stake in Amazon.com, Inc. (NASDAQ:AMZN), purchasing an additional 110,018 shares during the 1st quarter.

The fund now owns 2,821,565 shares of the e-commerce giant's stock, making Amazon.com its 4th biggest holding at 3.8% of OMERS Administration Corp's investment portfolio.

The total value of the holdings in Amazon.com is approximately $587,647,000 as of the company's most recent filing with the Securities & Exchange Commission.