Rivian Draws Over $3 Billion Institutional Investment in Q2
Institutional investors significantly increased their holdings of Rivian Automotive Inc. (RIVN) in the second quarter of 2026, buying over 70 million shares.
This comes as Amazon.com Inc. (AMZN), which has a $1.25 billion partnership with Rivian to develop autonomous robotaxis, continued to hold its position with 158,363,834 shares worth around $2.3 billion.
Investment firm D.E. Shaw significantly raised its stake in Rivian, purchasing 12,203,342 shares, a 141% increase from the previous quarter.