Amazon's $3.7B Rivian Stake Revealed in 13F Filing
Ticker: AMZN · Form: 13F-HR · Filed: 2024-01-30T00:00:00.000Z
Sentiment: bullish
Topics: institutional-holdings, equity-investments, electric-vehicles, strategic-investment
Related Tickers: RIVN, ATSG, IONQ, MRVL, TWLO
TL;DR
**Amazon's 13F shows a massive $3.7B bet on Rivian, signaling big EV plans!**
AI Summary
Amazon.com Inc. (AMZN) filed its 13F-HR on January 30, 2024, revealing its equity holdings as of December 31, 2023. The filing shows Amazon holds a significant stake in Rivian Automotive Inc. (RIVN) valued at $3.715 billion, representing 158,363,834 shares. This substantial investment in Rivian, a key player in electric vehicles, indicates Amazon's continued strategic interest in the EV sector, which could impact its logistics and delivery capabilities, and potentially influence its future sustainability goals.
Why It Matters
This filing provides transparency into Amazon's strategic investments, particularly its massive stake in Rivian, which could signal future collaborations or a deeper commitment to electric vehicle adoption for its vast logistics network.
Risk Assessment
Risk Level: medium — While Amazon's diversified portfolio reduces overall risk, its significant concentration in Rivian introduces exposure to the volatile electric vehicle market and Rivian's operational performance.
Analyst Insight
Investors should monitor Amazon's strategic moves in the EV space, particularly its relationship with Rivian, as it could indicate future operational efficiencies or new business ventures for Amazon.
Key Numbers
- $3.715B — Rivian Automotive Inc. holding value (Represents Amazon's largest reported equity investment as of December 31, 2023, highlighting its strategic interest in the EV sector.)
- 158,363,834 — Rivian Automotive Inc. shares (The substantial number of shares held by Amazon in Rivian, indicating a significant ownership stake.)
- 20231231 — Conformed Period of Report (The date for which the reported holdings are accurate, providing a snapshot of Amazon's portfolio at year-end.)
Key Players & Entities
- AMAZON COM INC (company) — filer of the 13F-HR
- Rivian Automotive Inc. (company) — largest holding in Amazon's reported portfolio
- David A. Zapolsky (person) — Senior Vice President who signed the filing
- $3,715,215,546 (dollar_amount) — value of Amazon's holding in Rivian Automotive Inc.
- 158,363,834 (dollar_amount) — number of shares Amazon holds in Rivian Automotive Inc.
Forward-Looking Statements
- Amazon will continue to leverage its Rivian stake for its logistics and delivery fleet electrification. (Amazon.com Inc.) — high confidence, target: 2025-12-31
- Amazon's investment in Rivian will influence its broader sustainability initiatives. (Amazon.com Inc.) — medium confidence, target: 2026-12-31
FAQ
What was the total value of Amazon's holdings in Rivian Automotive Inc. as of December 31, 2023?
As of December 31, 2023, Amazon's holdings in Rivian Automotive Inc. were valued at $3,715,215,546.
How many shares of Rivian Automotive Inc. did Amazon hold according to this 13F-HR filing?
Amazon held 158,363,834 shares of Rivian Automotive Inc. as reported in the filing.
Besides Rivian, what other companies did Amazon report holdings in?
Amazon also reported holdings in AIR TRANSPORT SERVICES GRP I, IONQ INC, MARVELL TECHNOLOGY INC, NAUTILUS BIOTECHNOLOGY INC, OWLET INC CL A NEW, SMARTRENT INC, TWILIO INC CL A, and VITAL FARMS INC COM.
Who signed the 13F-HR filing for Amazon.com Inc.?
The 13F-HR filing for Amazon.com Inc. was signed by David A. Zapolsky, Senior Vice President.
What was the filing date for this 13F-HR report?
The filing date for this 13F-HR report was January 30, 2024, with the Conformed Period of Report being December 31, 2023.
From the Filing
0001104659-24-008239.txt : 20240130 0001104659-24-008239.hdr.sgml : 20240130 20240130161032 ACCESSION NUMBER: 0001104659-24-008239 CONFORMED SUBMISSION TYPE: 13F-HR PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240130 DATE AS OF CHANGE: 20240130 EFFECTIVENESS DATE: 20240130 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMAZON COM INC CENTRAL INDEX KEY: 0001018724 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-CATALOG & MAIL-ORDER HOUSES [5961] ORGANIZATION NAME: 07 Trade & Services IRS NUMBER: 911646860 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 13F-HR SEC ACT: 1934 Act SEC FILE NUMBER: 028-20693 FILM NUMBER: 24578240 BUSINESS ADDRESS: STREET 1: 410 TERRY AVENUE NORTH CITY: SEATTLE STATE: WA ZIP: 98109 BUSINESS PHONE: 2062661000 MAIL ADDRESS: STREET 1: 410 TERRY AVENUE NORTH CITY: SEATTLE STATE: WA ZIP: 98109 13F-HR 1 primary_doc.xml X0202 13F-HR LIVE false false false 0001018724 XXXXXXXX 12-31-2023 12-31-2023 false AMAZON COM INC 410 Terry Avenue North Seattle WA 98109 13F HOLDINGS REPORT 028-20693 N David A. Zapolsky Senior Vice President 206-266-1000 /s/ David A. Zapolsky Seattle WA 01-30-2024 0 9 4142925845 INFORMATION TABLE 2 infotable.xml AIR TRANSPORT SERVICES GRP I COM 00922R105 224376846 12741445 SH SOLE 12741445 0 0 IONQ INC COM 46222L108 23876286 1927061 SH SOLE 1927061 0 0 MARVELL TECHNOLOGY INC COM 573874104 13595563 225428 SH SOLE 225428 0 0 NAUTILUS BIOTECHNOLOGY INC COM 63909J108 4356594 1457055 SH SOLE 1457055 0 0 OWLET INC CL A NEW 69120X206 186131 35252 SH SOLE 35252 0 0 RIVIAN AUTOMOTIVE INC COM CL A 76954A103 3715215546 158363834 SH SOLE 158363834 0 0 SMARTRENT INC COM CL A 83193G107 1999789 626893 SH SOLE 626893 0 0 TWILIO INC CL A 90138F102 134164411 1768346 SH SOLE 1768346 0 0 VITAL FARMS INC COM 92847W103 25154679 1603230 SH DFND 0 1603230 0