Billionaires Sell Amazon Stock and Buy a Quantum Computing Stock Up 3,050% Since 2023 | The Motley Fool

In the third quarter, a few wealthy hedge fund managers sold shares of Amazon (AMZN +0.21%) and bought shares of Rigetti Computing (RGTI +4.05%), a quantum computing stock that has advanced 3,050% since January 2023.

• Israel Englander at Millennium Management sold 787,900 shares of Amazon, reducing his position by 17%. He also added 522,100 shares of Rigetti.
• Ken Griffin at Citadel Advisors sold 1.6 million shares of Amazon, reducing his position by 35%. He also added 51,700 shares of Rigetti.
• Steven Schonfeld at Schonfeld Strategic Advisors sold 253,700 shares of Amazon, reducing his position by 72%. He also added 8,900 shares of Rigetti.

Importantly, all three hedge fund managers beat the S&P 500 (^GSPC +0.88%) during the past three years, which makes them good sources of inspiration. Here’s what investors should know about Amazon and Rigetti.

https://www.fool.com/investing/2025/12/20/billionaires-sell-amazon-buy-quantum-stock-up-3050/

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