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RDST Capital LLC Takes Big Bet on Amazon with $83M Stake

Guavy AI Editorial Team
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AMZN
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RDST Capital LLC recently acquired a significant stake in Amazon.com Inc. (NASDAQ: AMZN), purchasing approximately 347,474 shares worth $82,817,000 in the second quarter.

This investment represents about 6.9% of RDST Capital LLC's portfolio and makes it their sixth-largest holding.

Amazon accounts for a substantial portion of the firm's assets, and this new position is part of a broader trend of institutional investors increasing their stakes in the e-commerce giant.

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