Stocks

Phillips Financial Buys New Stake in Amazon Worth $2.45 Million

Guavy AI Editorial Team Published September 9, 2026

Instruments

AMZN

A new stake in Amazon.com, Inc.'s stock has been purchased by Phillips Financial Management LLC. According to its most recent Form 13F filing with the Securities & Exchange Commission, the institutional investor purchased 10,278 shares of the e-commerce giant's stock in the second quarter. The value of this purchase is approximately $2,450,000.

This represents about 0.2% of Phillips Financial Management LLC's holdings and makes Amazon.com its 26th largest position.

The Wire

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