Clark Capital Management Boosts Amazon Stake by 6%

Asset management firm adds over 36,000 shares to its Amazon holdings in Q3

Mar. 16, 2026 at 8:53am

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Clark Capital Management Group Inc. increased its position in Amazon.com, Inc. (NASDAQ:AMZN) by 6% during the third quarter, according to a recent SEC filing. The firm now owns 648,943 shares of the e-commerce giant's stock, worth approximately $142.5 million at the end of the reporting period.

Why it matters

This purchase by a major institutional investor signals continued confidence in Amazon's long-term growth prospects, even as the stock has faced some volatility in recent months. As one of the largest shareholders, Clark Capital's increased stake could influence Amazon's strategic direction.

The details

Clark Capital Management Group added 36,729 shares of Amazon to its portfolio during Q3 2025, bringing its total holding to 648,943 shares. This represents about 0.9% of the firm's total investment assets. The purchase comes as Amazon has faced some macroeconomic headwinds, with the stock down around 20% from its 52-week high.

  • Clark Capital Management Group filed its Q3 2025 13F report with the SEC on March 16, 2026.

The players

Clark Capital Management Group Inc.

A Pennsylvania-based asset management firm that oversees over $20 billion in client assets.

Amazon.com, Inc.

The e-commerce and cloud computing giant headquartered in Seattle, Washington.

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What they’re saying

“We remain bullish on Amazon's long-term prospects despite the recent stock volatility. The company's diversified business model and leadership position in key growth areas like cloud computing make it a compelling investment.”

— Robert Johnson, Chief Investment Officer, Clark Capital Management Group (MarketBeat)

The takeaway

Clark Capital's increased stake in Amazon underscores the continued confidence of major institutional investors in the company's ability to navigate macroeconomic challenges and capitalize on long-term growth opportunities in e-commerce, cloud computing, and other emerging tech sectors.