Timbuktu Capital Management Acquires Amazon.com Stake Worth $540,000

Timbuktu Capital Management LLC has acquired a new position in Amazon.com (NASDAQ:AMZN) shares, purchasing 2,264 shares worth approximately $540,000. This marks the company's 19th largest holding, accounting for 0.8% of Timbuktu's total portfolio.

Several other large investors have also recently bought and sold AMZN shares. Oakmont Investment Advisors Inc. acquired a new position in Amazon.com during the second quarter valued at approximately $2,903,000, while TOP Private Wealth LLC purchased a new stake in shares of Amazon.com worth around $29,000.

Munich Reinsurance Co Stock Corp in Munich raised its stake in Amazon.com by 8.3% in the 2nd quarter and now owns 424,570 shares of the e-commerce giant's stock valued at $101,192,000 after purchasing an additional 32,533 shares during the last quarter.

Cassilly Financial Group LLC also raised its stake in Amazon.com by 35.1% in the 2nd quarter and now owns 1,360 shares of the e-commerce giant's stock valued at $324,000 after purchasing an additional 353 shares during the last quarter.