Monday, June 12, 2017

Who Is Selling Their Tech Stocks? The Swiss National Bank?

The flip side of the Central Bank perma-bid would, of course, the unending dump.
Just spitballing here so until the next report take none of this as anything but fake news.
The last reported equity positions of the SNB via NASDAQ: 

SWISS NATIONAL BANK
BOERSENSTRASSE 15, ZURICH, , CH-8022, (144) 631-3111
 
Report Date: 03/31/2017
 
Position Statistics
Total Positions 2,516
New Positions 3
Increased Positions 1,323
Decreased Positions 138
Positions with Activity 1,461
Sold Out Positions 6
Total Mkt Value (in $ millions) 82,654

Institutional Holdings information is filed by major institutions on form 13-F with the Securities and Exchange Commission.

Sector Weighting

Energy 7.18%
Basic Materials 3.89%
Industrials 10.97%
Consumer Cyclicals 14.22%
Consumer Non-Cyclicals 10.31%
Financials 8.67%
Healthcare 14.53%
Technology 23.75%
Telecommunication Services 2.62%
Utilities 3.85%
2,516 Positions as of 03/31/2017
Company Class Value of Shares ($1,000s) ▼ Change in Value ($1,000s) Change (%) Shares Held
APPLE INC COM 2,814,831 572,769 25.55 18,894,016
MICROSOFT CORP COM 1,845,596 390,009 26.79 26,245,670
AMAZON COM INC COM 1,400,100 302,004 27.50 1,431,141
JOHNSON & JOHNSON COM 1,375,891 269,031 24.31 10,460,664
EXXON MOBIL CORP COM 1,278,217 262,167 25.80 15,563,336
FACEBOOK INC CL A 1,263,881 274,426 27.74 8,448,400
ALPHABET INC CAP STK CL C 1,045,256 227,009 27.74 1,100,466
ALPHABET INC CAP STK CL A 1,034,913 222,254 27.35 1,066,789

...MORE

We'll know in a few weeks.