SNB Boosts Stake in Apple in $37.5 Billion U.S. Portfolio
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The Swiss National Bank increased its stake in Apple Inc., Exxon Mobil Corp. and Johnson & Johnson in the first quarter, taking its U.S. equity holdings to $37.5 billion.
Switzerland’s central bank owned 8.9 million shares in the iPhone maker on March 31, according to a regulatory filing made to the U.S. Securities and Exchange Commission. That’s up from 5.6 million shares at the end of 2014, a 60 percent increase, according to Bloomberg calculations.