Amazon.com
New York-based firm Spark Investment Management has aggressively invested in several big companies in 2020, including in the Jeff Bezos-founded Amazon. The hedge fund started a position in the e-commerce brand by buying 4,559 shares (worth $14.4 million).
Amazon now accounts for almost 20 percent of Spark Investment’s portfolio value, making it its second pick. Its founder is the world’s richest man with an estimated net worth of $193 billion, although he revealed in February 2021 that he would be stepping down as the e-commerce’s CEO. Other fresh positions were in Facebook, Netflix, Square, and Salesforce.com.
