Norges Bank Invests $27.27 Billion in Amazon.com, Inc. (NASDAQ:AMZN)
Norges Bank purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 4th quarter, HoldingsChannel reports. The fund purchased 124,283,614 shares of the e-commerce giant’s stock, valued at approximately $27,266,582,000. Amazon.com comprises approximately 3.6% of Norges Bank’s holdings, making the stock its 4th largest position. A number of other hedge funds and other institutional investors […]
