Korea Investment CORP Reduces Amazon Stake

Institutional investor still holds $1.61 billion in Amazon shares

Mar. 13, 2026 at 9:09am

Got story updates? Submit your updates here. ›

Korea Investment CORP, a major institutional investor, reduced its stake in Amazon.com, Inc. (NASDAQ:AMZN) by 1.9% during the third quarter, according to a recent SEC filing. The firm still holds a significant position, owning approximately 7.3 million shares worth around $1.61 billion, making Amazon its fourth-largest holding.

Why it matters

Amazon is one of the most widely held and closely watched stocks, so changes in major institutional ownership can provide insights into investor sentiment and market trends. While the reduction in Korea Investment CORP's stake is relatively small, it may signal broader concerns about Amazon's growth prospects or valuation.

The details

According to the 13F filing, Korea Investment CORP sold 140,186 shares of Amazon during the third quarter, reducing its total position to 7,314,617 shares. The firm's Amazon holdings make up approximately 3.3% of its total portfolio. Several other large investors have also modified their Amazon positions in recent quarters, with some increasing their stakes and others, like Korea Investment CORP, trimming their exposure.

  • Korea Investment CORP filed its 13F report for the third quarter of 2026 on March 13, 2026.

The players

Korea Investment CORP

A major institutional investor that manages a diversified portfolio of global assets, including a significant stake in Amazon.com, Inc.

Amazon.com, Inc.

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

Got photos? Submit your photos here. ›

The takeaway

The reduction in Korea Investment CORP's Amazon stake, while relatively small, could signal broader concerns about the company's growth prospects or valuation among some institutional investors. However, Amazon remains a top holding for the firm and continues to be a closely watched stock in the market.