Viking Global tripled its Amazon position to 3.7M shares as other investors adjusted holdings during the quarter.
Hedge funds made significant adjustments to their Amazon (AMZN) positions in the second quarter of 2026. Viking Global led the buying activity, increasing its stake more than threefold to 3.7M shares, according to filings.
The quarter saw mixed activity, with some major investors reducing their exposure while others expanded their holdings. Amazon’s stock performance and market conditions likely influenced the shifts, though specific motivations were not disclosed.
No immediate market reaction was reported following the disclosure of the hedge fund activity.