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Strategic Advisors Cuts Stake in Amazon by 26.5% Amid Earnings Beat

Guavy AI Editorial Team
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AMZN
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Strategic Advisors LLC has reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 26.5% in the second quarter, according to its most recent Form 13F filing with the SEC.

The fund owned 89,204 shares of the e-commerce giant's stock after selling 32,143 shares during the period.

Amazon.com accounts for 4.0% of Strategic Advisors LLC's portfolio, making it the company's sixth largest position.

The value of its holdings in Amazon.com was $21,261,000 as of the latest SEC filing.

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