Institutional Insights: Amazon's Shareholder Trends Unveiled

2024-03-12

During the quarter ending on December 31, 2023, data from sharkstracker.com indicated that Amazon (AMZN) shares were held by 4454 hedge funds, amounting to a total of 6,658,002,401 shares. Moreover, 66 ETFs held 352,949,994 AMZN shares. Among the top institutions holding AMZN shares were Vanguard Group Inc., BlackRock Inc., State Street Corp, FMR LLC, and Price T Rowe Associates Inc /MD/.

In the same quarter, 2151 hedge funds were observed buying AMZN shares, while 1755 were selling them. The buying activity resulted in the acquisition of 332,130,361 shares, whereas 224,447,646 shares were sold. Notably, 157 hedge funds doubled their position on AMZN, while 25 hedge funds decided to sell at least 90% of their AMZN shares.

The most optimistic institutions regarding AMZN were Norges Bank, Legal & General Group Plc, FMR LLC, BlackRock Inc., and Vanguard Group Inc. Conversely, the most pessimistic institutions towards AMZN included Capital Research Global Investors, National Bank of Canada /FI/, Price T Rowe Associates Inc /MD/, Citadel Advisors LLC, and Citadel Advisors LLC.

The data provided by sharkstracker.com aims to offer a data-driven perspective on the market dynamics surrounding Amazon. For a more comprehensive analysis, the full version of the article can be accessed at: [SharksTracker - AMZN Report](https://www.sharkstracker.com/reports/ReportDetail12:AMZN/?rrr=3).