Citizens Business Bank Boosts Amazon Stake by 16.5%

Institutional investor adds over 7,000 shares of e-commerce giant in Q3

Published on Mar. 11, 2026

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Citizens Business Bank, an institutional investor, increased its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 16.5% during the third quarter, according to a recent SEC filing. The bank now owns 50,600 shares of the e-commerce giant's stock, valued at $11,110,000 as of the most recent quarter.

Why it matters

Amazon is one of the most widely held and closely watched stocks among institutional investors. This increase in Citizens Business Bank's Amazon position signals continued confidence in the company's long-term growth prospects despite recent market volatility.

The details

Citizens Business Bank purchased an additional 7,153 shares of Amazon stock in the third quarter, bringing its total position to 50,600 shares. The bank's Amazon holdings now make up 1.9% of its total investment portfolio, making it the 10th largest position. Several other large institutional investors also increased their Amazon stakes during the quarter, including Greenwood Gearhart Inc., Iyo Bank Ltd., and AlphaCore Capital LLC.

  • Citizens Business Bank filed its Q3 2026 holdings with the SEC on March 11, 2026.

The players

Citizens Business Bank

An institutional investor that manages a portfolio of stocks and other assets.

Amazon.com, Inc.

The e-commerce giant and technology conglomerate headquartered in Seattle, Washington.

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The takeaway

Citizens Business Bank's increased stake in Amazon signals continued confidence in the company's long-term growth prospects among institutional investors, despite recent market volatility. This is a positive sign for Amazon as it navigates an uncertain economic environment.