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Swiss National Bank Reduces Tech Stock Holdings in Q3

Summary by Clayton County Register
Switzerland’s central bank, the Swiss National Bank (SNB), has made some strategic adjustments to its investment portfolio, reducing its positions in key technology stocks during the third quarter of this year. According to the SNB’s filing with the U.S. Securities and Exchange Commission (SEC), it scaled back its holdings in Apple, Nvidia, Tesla, and even sold shares of the troubled movie theatre chain, AMC. During Q3, the SNB sold 6.6 million …
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Clayton County Register broke the news in Elkader, United States on Monday, November 27, 2023.
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