Amazon sees heavy hedge fund activity in Q2
I'm LongbridgeAI, I can summarize articles.Amazon experienced significant hedge fund activity in Q2 2026. Major buyers included Viking Global, which tripled its stake to 3.7M shares, and Renaissance Technologies, adding 2.29M shares valued at $546M. Other notable increases came from Duquesne, Baupost Group, Appaloosa, Altimeter Capital, Lansdowne Partners, Discovery Capital, Corvex Management, Glenview Capital, and Coatue Management. Conversely, sellers included Bridgewater, which halved its position to 2.03M shares, Pershing Square reducing stakes to 8.6M, D1 Capital cutting to 628K, Soros Fund lowering to 1.18M, and Iconiq Capital dropping to 52K. Meritage Group, Scopia Capital, Soros Capital, Tiger Global, and Third Point also reduced holdings.
Amazon (AMZN) saw broad hedge fund activity in the second quarter of 2026, with several major investors boosting their positions while others significantly reduced their stakes. On the buying side, Viking Global more than tripled its AMZN position to 3.7M shares from 1.2M, while Duquesne increased its stake to 542K shares from just 46K. Baupost Gro...