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Sutton Place Investors Acquires New Stake in Amazon.com

Guavy AI Editorial Team
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AMZN
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Sutton Place Investors LLC has acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission.

The firm purchased 10,840 shares of the e-commerce giant's stock, valued at approximately $2,584,000. This accounts for 1.3% of Sutton Place Investors LLC's portfolio, making it the company's 13th largest position.

This is not an isolated instance; several other hedge funds and institutional investors have also made changes to their positions in AMZN.

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