Greater Midwest Financial Group Reduces Amazon Stake

Institutional investor sells over 16,900 shares of e-commerce giant

Published on Feb. 28, 2026

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Greater Midwest Financial Group LLC, an institutional investor, reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 33.4% in the 3rd quarter, according to a recent SEC filing. The firm now owns 33,737 shares of the e-commerce giant's stock, valued at $7.4 million as of its most recent filing.

Why it matters

This move by Greater Midwest Financial Group reflects broader trends in institutional investor sentiment around Amazon. As the company faces economic headwinds, some funds may be rebalancing their portfolios and taking profits on their Amazon holdings.

The details

Greater Midwest Financial Group sold 16,901 shares of Amazon stock during the 3rd quarter. The firm now owns a total of 33,737 shares, making Amazon its 5th largest holding and accounting for 4.8% of its overall portfolio.

  • Greater Midwest Financial Group reduced its Amazon stake in the 3rd quarter of 2026.

The players

Greater Midwest Financial Group LLC

An institutional investor that owns a portfolio of stocks, with Amazon.com as one of its largest holdings.

Amazon.com, Inc.

The e-commerce giant and technology conglomerate, trading on the NASDAQ under the ticker symbol AMZN.

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The takeaway

This filing highlights how some institutional investors are adjusting their Amazon holdings amid broader economic uncertainty, even as the company remains a major force in the technology and retail sectors.