Why You Should Be Optimistic in Amazon.com’s (AMZN) Outlook?
L1 Capital, an investment management firm, released its “L1 Capital International Fund” (unhedged) second-quarter 2026 investor letter. A copy of the letter can be downloaded here.
| No. | Hedge Fund | Shares | Value | Activity | % Port |
|---|---|---|---|---|---|
| 1. | Zevenbergen Capital Investments Nancy Zevenbergen | 618,334 | $147,373,726 | -3% | 3.37% |
| 2. | Ardsley Partners Philip Hempleman | 69,000 | $16,445,460 | -35% | 1.71% |
| 3. | Ayrshire Capital Management John Nevin Jr. | 33,650 | $8,020,215 | +2% | 3.76% |
| 4. | Miura Global Management Pasco Alfaro / Richard Tumure | 8,000 | $1,906,720 | +167% | 7.56% |
| 5. | Empirical Capital Partners Cristan Blackman | 71,600 | $17,065 | 4.66% |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $114.77 | 1 | $114.77 | 990,545,661 | 2023-05-25 | Filing | |
| $3,213.27 | 1 | $3,213.27 | 833 | 2020-10-01 | Filing | |
| $3,209.50 | 1 | $3,209.50 | 832 | 2020-10-01 | Filing | |
| $3,208.47 | 2 | $6,416.93 | 831 | 2020-10-01 | Filing | |
| $3,207.41 | 3 | $9,622.23 | 829 | 2020-10-01 | Filing |
| Insider | Price | Amount | Total Value | Remaining Holdings | Date | Form 4 |
|---|---|---|---|---|---|---|
| $239.77 | 1,000 | $239,770.00 | 484,527 | 2026-07-01 | Filing | |
| $266.19 | 1,000 | $266,190.00 | 485,527 | 2026-06-01 | Filing | |
| $265.61 | 300 | $79,684.44 | 2,205,766 | 2026-05-21 | Filing | |
| $264.97 | 3,600 | $953,908.20 | 2,206,066 | 2026-05-21 | Filing | |
| $263.95 | 5,667 | $1,495,784.82 | 2,209,666 | 2026-05-21 | Filing |
| No. | Name | Shares | Value | % Port |
|---|---|---|---|---|
| 1. | 17,832,409 | $4,250,176,361 | 5.3% | |
| 2. | 16,501,189 | $3,932,893,385 | 3.39% | |
| 3. | 4,694,680 | $1,118,929,949 | 2.5% | |
| 4. | 3,300,000 | $786,522,000 | 8.73% | |
| 5. | 3,364,461 | $758,007,467 | 1.27% |