Ratan Capital Management LP Buys into Amazon with $22M Stake
Ratan Capital Management LP has acquired 94,288 shares of Amazon.com, Inc. (NASDAQ:AMZN) in its most recent filing with the SEC.
The institutional investor purchased the new position in the e-commerce giant's stock in the second quarter, valuing it at approximately $22,473,000.
This purchase accounts for about 7.3% of Ratan Capital Management LP's portfolio, making Amazon.com its 4th biggest holding.