First Trust Advisors Reduces Amazon Stake

Asset manager cuts holdings in e-commerce giant by 3.8% in Q3

Mar. 13, 2026 at 7:54am

First Trust Advisors LP, an investment management firm, reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 3.8% during the third quarter of 2025, according to a recent SEC filing. The firm now owns 5,467,485 shares of the e-commerce giant's stock, down from 5,685,488 shares held previously.

Why it matters

Amazon is one of the most widely held and closely watched stocks among institutional investors. Changes in major shareholders' positions can provide insights into broader market sentiment and expectations around the company's performance.

The details

According to the filing, First Trust Advisors sold 218,003 shares of Amazon during the third quarter. The firm's total Amazon holdings are now valued at approximately $1.2 billion, making up about 0.9% of its overall investment portfolio.

  • First Trust Advisors filed the 13F report detailing the Amazon stake reduction on March 13, 2026.
  • The share sale occurred during the third quarter of 2025.

The players

First Trust Advisors LP

An investment management firm that oversees over $200 billion in assets.

Amazon.com, Inc.

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

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The takeaway

The reduction in First Trust Advisors' Amazon stake, while relatively small, could signal broader caution among some institutional investors about the company's near-term growth prospects amid a challenging macroeconomic environment. However, Amazon remains a core holding for many major funds given its dominant position in e-commerce and cloud computing.