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Portland Investment Firm Buys $2.1 Million Stake in Amazon

Guavy AI Editorial Team Published September 21, 2026

Instruments

AMZN

Portland Investment Counsel Inc., an institutional investor, has acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) shares in the second quarter.

The company disclosed to the Securities & Exchange Commission that it bought 8,825 shares of AMZN's stock, valued at approximately $2,103,000.

This acquisition represents 0.6% of Portland Investment Counsel Inc.'s holdings and makes Amazon.com its 23rd largest position.

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