Spear Holdings Boosts Amazon Stakes Amid Earnings Beat
Spear Holdings RSC Ltd increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 28% during the first quarter, according to a recent SEC filing.
The fund acquired an additional 103,291 shares of the e-commerce giant's stock, bringing its total holdings to 471,691 shares.
This represents 9.8% of Spear Holdings RSC Ltd's investment portfolio and makes Amazon.com its third largest holding.