Arrowstreet Global Equity Review: Performance, AUM, Founders

2. Amazon.com, Inc. (NASDAQ:AMZN)

Arrowstreet Capital also boosted its position in Amazon.com, Inc. (NASDAQ:AMZN) by 125% to 822,827 shares between April and June; the position was valued at nearly $796.50 million. Including Arrowstreet, there were 132 investors in our database that held shares of Amazon.com, Inc. (NASDAQ:AMZN) at the end of the second quarter, compared to 129 funds at the end of March. Recently, Amazon.com, Inc. (NASDAQ:AMZN) has completed the acquisition of Whole Foods, which allowed the eCommerce giant to enter in the grocery retail, where it has the resources to compete with other well-established companies like Kroger Co (NYSE:KR). The acquisition will help the eCommerce giant to expand the number of its Prime members by offering additional incentives. In other news, the company also announced plans to open its second headquarters in North America, where it will employ up to 50,000 people.

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