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[BUSINESS] · United States · 2 sources

Amazon Stock Buys by Praxis Capital and Choate Investment Advisors in Q4

Praxis Capital Management LLC added 4,000 Amazon (NASDAQ:AMZN) shares in the fourth quarter, a stake worth about $923,000 and representing roughly 3.3% of the fund’s portfolio, its sixth‑largest holding.

Choate Investment Advisors increased its Amazon position by 5,008 shares, a 1.1% rise that brings its total to 474,367 shares valued at $109.5 million, accounting for 2.1% of its portfolio and ranking as its tenth‑largest position. Both filings show that institutional investors and hedge funds collectively own about 72.2% of Amazon’s outstanding shares.