RBF Capital LLC Boosts Stake in Amazon.com with Additional 15,000 Shares
RBF Capital LLC, an investment firm, increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 30% during the first quarter, according to a recent filing with the Securities and Exchange Commission (SEC). The fund now owns 65,000 shares of AMZN's stock after acquiring an additional 15,000 shares.
The value of RBF Capital LLC's holdings in Amazon.com was $13,538,000 as of its most recent filing. This is not an isolated instance of a hedge fund increasing its stake in AMZN; several other investment firms have also modified their holdings of the e-commerce giant.
For example, MilWealth Group LLC raised its stake in Amazon.com by 79% during the fourth quarter and now owns 179 shares valued at $41,000. Elkhorn Partners Limited Partnership grew its stake in AMZN by 900% in the same period.