Vanguard Amends Amazon Stake: Holds 12.17M Shares with Shared Voting

TL;DR

**Vanguard still holds over 12 million Amazon shares, showing continued institutional interest.**

AI Summary

The Vanguard Group, a major investment firm, filed an amendment to its SC 13G filing for Amazon.com Inc. common stock on February 13, 2024, indicating its beneficial ownership as of December 29, 2023. Vanguard reported holding 12,172,954 shares with shared voting power and zero sole voting power. This filing is important for investors as it shows a significant institutional holder's updated position in Amazon, providing transparency into large ownership stakes.

Why It Matters

This filing provides transparency into a major institutional investor's holdings, showing that Vanguard continues to have a significant, albeit passive, stake in Amazon. It can influence investor sentiment and indicates continued institutional confidence in the company.

Risk Assessment

Risk Level: low — This filing is a routine update from a passive institutional investor and does not indicate any immediate risk or significant change in company control.

Analyst Insight

Investors should note that large institutional holdings like Vanguard's often reflect passive index investing rather than an active bullish or bearish bet. This filing confirms Vanguard's continued presence as a major shareholder, which can be seen as a baseline of institutional confidence.

Key Numbers

• 12,172,954 — Shares with Shared Voting Power (Represents the number of Amazon common stock shares Vanguard can vote in conjunction with others.)
• 0 — Shares with Sole Voting Power (Indicates Vanguard does not have exclusive voting control over any Amazon shares.)

Key Players & Entities

• The Vanguard Group (company) — reporting person and institutional investor
• Amazon.com Inc (company) — subject company whose securities are being reported
• 12,172,954 (dollar_amount) — number of shares with shared voting power held by Vanguard
• December 29, 2023 (date) — date of event which requires filing of this statement
• February 13, 2024 (date) — filing date of the SC 13G/A

Forward-Looking Statements

• Vanguard will likely maintain a significant, passive stake in Amazon, reflecting its broad market index strategies. (The Vanguard Group) — high confidence, target: Ongoing

FAQ

From the Filing

0001104659-24-020003.txt : 20240213 0001104659-24-020003.hdr.sgml : 20240213 20240213165557 ACCESSION NUMBER: 0001104659-24-020003 CONFORMED SUBMISSION TYPE: SC 13G/A PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240213 DATE AS OF CHANGE: 20240213 SUBJECT COMPANY: 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: SC 13G/A SEC ACT: 1934 Act SEC FILE NUMBER: 005-53341 FILM NUMBER: 24627211 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 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: VANGUARD GROUP INC CENTRAL INDEX KEY: 0000102909 ORGANIZATION NAME: IRS NUMBER: 231945930 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G/A BUSINESS ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 BUSINESS PHONE: 6106691000 MAIL ADDRESS: STREET 1: PO BOX 2600 STREET 2: V26 CITY: VALLEY FORGE STATE: PA ZIP: 19482-2600 SC 13G/A 1 tv0011-amazoncominc.htm SCHEDULE 13G/A amazoncominc SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Exchange Act of 1934 (Amendment No.: 7)* Name of issuer:  Amazon.com Inc Title of Class of Securities:  Common Stock CUSIP Number:  023135106 Date of Event Which Requires Filing of this Statement: December 29, 2023 Check the appropriate box to designate the rule pursuant to which this Schedule is filed: ☒ Rule 13d-1(b) ☐ Rule 13d-1(c) ☐ Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). (Continued on the following page(s))     13G CUSIP No.:  023135106 1.  NAME OF REPORTING PERSON I.R.S. IDENTIFICATION NO. OF ABOVE PERSON The Vanguard Group - 23-1945930 2.  CHECK THE APPROPRIATE [LINE] IF A MEMBER OF A GROUP A.  B.  X 3.  SEC USE ONLY 4.  CITIZENSHIP OF PLACE OF ORGANIZATION Pennsylvania (For questions 5-8, report the number of shares beneficially owned by each reporting person with:) 5.  SOLE VOTING POWER 0 6.  SHARED VOTING POWER 12,172,954 7.  SOLE DISPOSITIVE POWER 731,881,113 8.  SHARED DISPOSITIVE POWER 39,171,437 9.  AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 771,052,550 10.  CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES N/A 11.  PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW 9 7.46% 12.  TYPE OF REPORTING PERSON IA     SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule 13G Under the Securities Act of 1934 Item 1(a) - Name of Issuer: Amazon.com Inc Item 1(b) - Address of Issuer's Principal Executive Offices: 410 Terry Avenue North Seattle, WA 98109-5210 Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930 Item 2(b) – Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Malvern, PA 19355 Item 2(c) – Citizenship: Pennsylvania Item 2(d) - Title of Class of Securities: Common Stock Item 2(e) - CUSIP Number 023135106 Item 3 - Type of Filing: This statem