Silvant Capital Management LLC recently acquired 252,013 new shares of Amazon.com, Inc. (NASDAQ:AMZN), valued at approximately $60 million in the second quarter.
This represents about 1.7% of Silvant's investment portfolio and makes AMZN its 13th largest holding.
The e-commerce giant has been a popular choice among institutional investors, with several others increasing their stakes in recent quarters.
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