RIHO Partners LLC Invests Heavily in Amazon.com

A recent SEC filing shows that RIHO Partners LLC has bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter. The institutional investor purchased 49,318 shares of the e-commerce giant's stock, valued at approximately $11,754,000.

This is not the only notable investment in Amazon by RIHO Partners LLC. As per the SEC filing, Amazon.com makes up 6.6% of the company's investment portfolio, making it their 8th largest position.