StewardTout
2021-10-16

Switzerland's central bank recently made some major changes in its U.S.-listed investments.

The Swiss National Bank more than quadrupled its stake in AMC Entertainment Holdings (ticker: AMC), bought more Uber Technologies (UBER) shares, initiated an investment in Lyft (LYFT) stock, and cut back on its McDonald's (MCD) investment. The bank disclosed the stock trades in a form it filed with the Securities and Exchange Commission.

The bank said it doesn't comment on individual positions of its assets. As of Dec. 31, the Swiss National Bank had total assets of $1.1 trillion.

The bank bought 637,100 additional AMC shares in the second quarter to increase its investment in the movie-theater chain to 832,741 shares.$AMC Entertainment(AMC)$

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