Amazon started in 1994 as an online bookstore, built by Jeff Bezos in a garage in Seattle with a straightforward idea: sell books on the internet.
Three decades later, Amazon runs one of the world’s largest e-commerce platforms, dominates cloud computing through AWS, streams video content, and operates logistics networks across continents. The company now generates over $600 billion in annual revenue and employs more than 1.5 million people globally.
What makes the story interesting for investors is that while Amazon’s team built the business, thousands of shareholders created wealth by simply holding the stock. A $10,000 investment at the 1997 IPO would be worth millions today. Passive ownership compounded alongside Amazon’s growth, rewarding patience through multiple business cycles and expansions into new markets.
Today, Amazon trades around $238 per share with a market capitalization of approximately $2.4 trillion, making it one of the most valuable companies in the world. The stock is held by a mix of index funds, active managers, hedge funds, and retail investors, each with different views on valuation, growth, and risk.
Understanding who owns Amazon and how that ownership is shifting can reveal where conviction lies and where it might be fading. This article breaks down who holds the stock today.
Who are Amazon’s Top Shareholders?
The top individual investors who own Amazon are:
- Jeff Bezos (Amazon’s founder and the company’s largest shareholder)
- Andrew Jassy (Amazon’s CEO)
Some of the top institutional investors that own Amazon on behalf of its clients are:
- Vanguard
- BlackRock (the world’s largest asset manager)
- State Street
- Fidelity
- Geode Capital Management
And some of the top hedge funds trying to achieve outsized returns holding Amazon are:
- Coatue Management
- Adage Capital Management
- Tiger Global Management
- Skye Global Management
- Two Sigma Investments
Who are Amazon’s top individual investors?
- Jeff Bezos: Owns 963,284,581 Amazon shares worth $229.4 billion, representing 9.01% of Amazon’s outstanding shares. Bezos is Amazon’s founder and served as CEO until July 2021, when he transitioned to Executive Chairman. He remains Amazon’s largest individual shareholder. Most recently, Bezos sold 1.055 million shares, reducing his position by 0.11%.
- Andrew Jassy: Owns 2,283,712 Amazon shares worth $543.9 million, representing 0.02% of Amazon’s outstanding shares. Jassy became CEO in July 2021 after leading Amazon Web Services (AWS), Amazon’s cloud computing powerhouse. He joined the company in 1997. Jassy recently added 29,808 shares, increasing his holdings by 1.36%.
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Who are Amazon’s top institutional investors?
See Amazon’s full list of institutional investors >>>
- Vanguard Group: Owns 845,945,132 Amazon shares worth $201.4 billion, representing 7.91% of Amazon’s outstanding shares. Vanguard is a leading asset management firm with over $7.2 trillion in AUM, known for its low-cost index funds and ETFs. Amazon makes up 1.95% of Vanguard’s total holdings. Vanguard recently increased its position by 498,604 shares, or 0.06%.
- BlackRock: Owns 444,677,467 Amazon shares worth $105.9 billion, or 4.16% of Amazon’s outstanding shares. BlackRock is the largest institutional money manager in the world, managing over $9.4 trillion in AUM. Its iShares division dominates the ETF market. Amazon represents 1.97% of BlackRock Institutional Trust Company’s portfolio, with a recent increase of 9,110,850 shares (1.99%).
- State Street: Owns 381,681,441 Amazon shares worth $90.9 billion, or 3.57% of Amazon’s total outstanding shares. State Street Global Advisors is the creator of the first ETF and manages the popular SPDR ETF line. Amazon accounts for 2.75% of State Street’s portfolio. The firm recently increased its position by 7,584,156 shares, a 2.03% increase.
- Fidelity: Owns 307,442,638 Amazon shares valued at $73.2 billion, representing 2.88% of shares outstanding. Fidelity Investments is known for its actively managed mutual funds and customer-focused approach. Amazon makes up 2.45% of Fidelity Management & Research Company’s portfolio. Fidelity recently sold 17,778,957 shares, a 5.47% decrease.
- Geode Capital Management: Owns 222,641,670 Amazon shares worth $53.0 billion, representing 2.08% of Amazon’s outstanding shares. Geode is a Boston-based asset management firm with over $1.2 trillion in AUM, specializing in systematic, quantitative investment strategies. It manages a large portion of Fidelity’s index fund assets. Amazon accounts for 2.69% of Geode’s portfolio. The firm recently increased its position by 5,924,013 shares, a 2.73% increase.
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Who are Amazon’s top hedge fund investors?
See Amazon’s full list of hedge fund investors >>>
- Tiger Global Management: Owns 11.04 million Amazon shares valued at $2.63 billion, representing 0.10% of shares outstanding. Amazon makes up 7.42% of Tiger Global’s portfolio. The firm added 357,900 shares last quarter, a 3.35% increase in its position.
- Holocene Advisors: Owns 10.5 million Amazon shares worth $2.5 billion, or 0.10% of Amazon’s outstanding shares. Amazon represents 5.30% of Holocene’s portfolio. The firm increased its stake by 189,986 shares, up 1.84% from the prior quarter.
- Adage Capital Management: Owns 9.32 million Amazon shares worth $2.2 billion, representing 0.09% of Amazon’s outstanding shares. Amazon makes up 3.24% of Adage’s total holdings. The firm added 269,600 shares, raising its position by 2.98%.
- Coatue Management: Owns 8.7 million Amazon shares worth $2.1 billion, or 0.08% of Amazon’s outstanding shares. Amazon comprises 4.69% of Coatue’s portfolio. The firm reduced its position by 1.4 million shares, a 13.93% cut from the previous quarter.
- Skye Global Management: Owns 8.0 million Amazon shares worth $1.9 billion, representing 0.08% of shares outstanding. Amazon makes up a concentrated 35.48% of Skye’s portfolio. The firm increased its stake by 1.04 million shares, a 14.89% addition.
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Recent Insider Transactions:
What Insider Transactions Mean
An insider is either a company officer, a member of the Board of Directors, or someone who owns more than 10% of the company’s shares. Officers include upper management like CEOs, CFOs, and COOs.
At Amazon, insiders consist of company officers and board members. No individual owns more than 10% of the company.
Insiders are legally required to report their trades to the SEC within two business days. These filings create a public record that investors can use to track whether the people closest to the business are buying or selling shares.
Is Insider Selling Always a Bad Sign?
Jeff Bezos and other Amazon insiders have been selling shares recently. Does that mean Amazon is a bad investment? Not necessarily.
Insiders sell for many reasons. Sometimes it reflects concerns about valuation or business performance. More often, it reflects personal financial planning, tax management, or portfolio diversification.
As Peter Lynch pointed out, insiders might sell for any number of reasons, but they buy for only one: they believe the price will rise.
Insider buying tends to be a stronger signal than selling. Sales require context. Purchases are usually straightforward.
Should You Only Buy Stocks With Insider Buying?
Insider buying is a positive signal, but it is not required for making an investment.
Many strong companies see little insider buying simply because executives already own significant equity through compensation. Others perform well even as insiders trim positions after years of gains.
Tracking insider transactions is one part of a broader analysis. It works best when combined with financials, valuation, and business fundamentals.
Amazon’s Recent Insider Trades:
See all of Amazon’s recent Insider Transactions >>>
- CEO of Worldwide Amazon Stores | Douglas Herrington: Owns 512,517 Amazon shares after a recent sale. Herrington has been with Amazon since 2005 and currently leads the company’s Worldwide Stores business. On December 1, 2025, Herrington sold 2,500 shares at a price of $233.22.
- Senior Vice President, Chief Global Affairs & Legal Officer | David A. Zapolsky: Owns 121,360 Amazon shares worth $27.9 million, representing 0.00% of Amazon’s outstanding shares. Zapolsky joined Amazon in 1999 as Associate General Counsel for Litigation and Regulatory matters and was promoted to Vice President in April 2002.
TIKR Takeaway:
Jeff Bezos has been trimming his stake in Amazon, selling over 10 million shares in July.
But former AWS CEO, Adam Selipsky, recently boosted his position by nearly 12%.
On the hedge fund side, Skye Global Management has over 31% of its portfolio in Amazon, signaling high conviction.
If you want to stay ahead of the curve on what top investors are doing, you’ll want to sign up for TIKR.
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Disclaimer:
Please note that the articles on TIKR are not intended to serve as investment or financial advice from TIKR or our content team, nor are they recommendations to buy or sell any stocks. We create our content based on TIKR Terminal’s investment data and analysts’ estimates. We aim to provide informative and engaging analysis to help empower individuals to make their own investment decisions. Neither TIKR nor our authors hold positions in any of the stocks mentioned in this article. Thank you for reading, and happy investing!
