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Billionaires Unloaded These 24 Stocks In Q2

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11. Amazon (AMZN, ($3,441.85)

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Marshall Wace out of London got its start in 1997, and as of 2019, it has managed $39 billion in assets. In 2015, it brought on KKR & Co as a 25% partner, and that share has been bumped up to close to 40% since then. The UK division of Marshall Wace has been accumulating shares in Amazon since Q1 2014, at an average price paid of $1,849.66. It reduced its holdings by 28% during the second quarter by selling 47,657 shares and might have generated more than $111 million in proceeds from the sale. Despite the stock sales, AMZN is Marshall Wace’s largest holding at 2.3% of the portfolio.

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