AMZN ranks #2 out of 37501 tracked stocks by institutional interest — one of the most closely watched names in our coverage.
AMZN is a top-conviction position for Sanders Capital, LLC — at 7.0% of their entire disclosed 13F portfolio, it's one of their largest single bets, not just a passing allocation.
The largest dollar stake in AMZN belongs to BlackRock, Inc., but the position matters far more to Sanders Capital, LLC, who has 7.0% of their own portfolio riding on it — a reminder that the biggest holder by size and the holder with the biggest bet aren't always the same fund.
Jane Street Group, LLC has added to its AMZN position for two straight quarters, increasing it by $10.9B to reach $21.2B today.
Alliancebernstein L.p. has trimmed its AMZN position for two straight quarters, cutting it by $4.6B while still holding $7.9B.
AMZN is down 1.9% today, but institutions show net buying of $652.6B this quarter — a divergence between today's price move and the underlying institutional flow.