Multiple Institutional Investors Trim Amazon Stakes in Fourth Quarter

Several institutional investors adjusted their holdings in Amazon.com, Inc. during the fourth quarter, reflecting shifting investment strategies. Ostrum Asset Management reduced its stake by 1.7%, maintaining Amazon as its fifth largest holding valued at over $63 million, while Bank of Nova Scotia Trust Co. lowered its position by 4.4%, and Epoch Investment Partners trimmed its stake by 5.6%, with Amazon representing 1.1% of its portfolio. Conversely, Arrowstreet Capital Limited Partnership significantly increased its stake by 173.6%, owning over 3.4 million shares valued at approximately $759 million, and Elevatus Wealth Management grew its holdings by 3.1%. Other funds like Segall Bryant & Hamill LLC and First Trust Advisors LP also augmented their positions. Institutional investors continue to hold a dominant 72.20% share of Amazon's stock overall. Meanwhile, notable insider transactions include sales by Director Keith Brian Alexander and CEO Douglas J. Herrington.