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Trifecta Bets Big on Amazon

Guavy AI Editorial Team
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AMZN
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Trifecta Capital Advisors LLC has acquired a new position in Amazon.com, Inc. (NASDAQ:AMZN), purchasing 132,018 shares valued at approximately $31,465,000.

This acquisition accounts for 4.1% of Trifecta's investment portfolio, making it the company's fifth-largest holding.

Amazon is not the only e-commerce giant to see increased institutional investor interest; MilWealth Group LLC lifted its holdings in Amazon by 79% during the fourth quarter, while Elkhorn Partners Limited Partnership raised its position by a staggering 900% over the same period.

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