Pacific Sage Partners Invests $15 Million in Amazon.com, Inc.
Pacific Sage Partners LLC has invested $15 million in Amazon.com, Inc. (NASDAQ:AMZN) by purchasing 62,922 shares of its stock.
The investment is a new stake for Pacific Sage Partners LLC, making Amazon.com the company's 13th largest holding, accounting for about 2.1% of its portfolio.
This is not an isolated investment; other large investors have also increased their stakes in Amazon.com during the second and fourth quarters.