Stocks

Primecap Management Co. CA Buys into Amazon with $2.85 Billion Stake

Guavy AI Editorial Team Published September 23, 2026

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AMZN

Primecap Management Co. CA has acquired a new stake in Amazon.com, Inc., buying approximately 11,962,188 shares of the e-commerce giant's stock, valued at around $2,851,068,000.

The acquisition makes up about 1.7% of Primecap Management Co. CA's holdings and represents its 10th largest holding.

This is not an isolated move as other hedge funds and institutional investors have also been buying Amazon stock.

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