Stocks
Rare Wolf Capital Cuts Stake in Amazon by 16.8% in Q2
Rare Wolf Capital LLC has reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 16.8% in the second quarter, according to a recent SEC filing.
The firm sold 4,801 shares of Amazon's stock during the quarter, bringing its total holdings down to 23,766 shares.
Amazon makes up 3.6% of Rare Wolf Capital LLC's portfolio, making it their fifth-largest holding, with a value of $5,664,000 as of the most recent filing.
This is not an isolated incident; several other hedge funds and institutional investors have also adjusted their positions in Amazon during this quarter.