# Billionaire investors are rotating out of Amazon.

*business · news · 2026-04-23 · The Motley Fool Canada*

## Key points

- Billionaire investors are rotating capital out of Amazon stock and reallocating it to Shopify.
- Shopify's recent margin improvements and disciplined growth have increasingly attracted institutional investors.
- Shopify is abandoning capital-intensive logistics projects to refocus on its core software platform.
- Shopify's defensive moat now drives recurring subscription revenue, boosting its long-term financial predictability.

**Companies:** Amazon, Shopify
**Countries:** Canada, United States

[Read the full story on The Motley Fool Canada](https://www.fool.ca/2026/04/23/billionaires-are-selling-amazon-stock-and-betting-on-this-tsx-stock-2/)

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