{"id":218023,"date":"2026-03-13T11:52:07","date_gmt":"2026-03-13T11:52:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/218023\/"},"modified":"2026-03-13T11:52:07","modified_gmt":"2026-03-13T11:52:07","slug":"swiss-national-bank-trims-reliance-inc-stake","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/218023\/","title":{"rendered":"Swiss National Bank Trims Reliance, Inc. Stake"},"content":{"rendered":"

Mar. 13, 2026 at 9:54am<\/p>\n

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According to a recent SEC filing, Swiss National Bank has trimmed its position in shares of Reliance, Inc. (NYSE:RS) by 5.3% during the third quarter. The fund now owns 151,600 shares of the industrial products company’s stock, valued at $42,574,000 as of the most recent filing.<\/p>\n

Why it matters<\/p>\n

Reliance is a leading metals service center company that distributes and processes a broad array of metal products. The reduction in stake by a major institutional investor like Swiss National Bank could signal a shift in sentiment around the company’s outlook or performance.<\/p>\n

The details<\/p>\n

Swiss National Bank sold 8,400 shares of Reliance during the third quarter, reducing its total position to 151,600 shares. The fund previously owned 0.29% of the company’s outstanding stock. Other notable institutional investors in Reliance include Boston Partners, which owns over 1.7 million shares, and JPMorgan Chase & Co., which holds 342,796 shares.<\/p>\n

Swiss National Bank filed the 13F report disclosing the stake reduction on March 13, 2026.
\n The players<\/p>\n

Swiss National Bank<\/p>\n

The central bank of Switzerland and one of the world’s largest sovereign wealth funds, with over $1 trillion in assets under management.<\/p>\n

Reliance, Inc.<\/p>\n

A leading metals service center company that distributes and processes a broad array of metal products, serving diverse end markets including energy, infrastructure, manufacturing, transportation, and aerospace.<\/p>\n

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The takeaway<\/p>\n

The reduction in Swiss National Bank’s stake in Reliance, Inc. could signal a shift in sentiment around the industrial products company, though the reasons behind the move are not entirely clear from the limited information provided. Investors will likely monitor Reliance’s performance and any further changes in institutional ownership going forward.<\/p>\n","protected":false},"excerpt":{"rendered":"Mar. 13, 2026 at 9:54am Got story updates? Submit your updates here. \u203a According to a recent SEC…\n","protected":false},"author":2,"featured_media":190171,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[48,52,51,47,50,49],"class_list":{"0":"post-218023","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-los-angeles","8":"tag-la","9":"tag-la-headlines","10":"tag-la-news","11":"tag-los-angeles","12":"tag-los-angeles-headlines","13":"tag-los-angeles-news"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/218023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=218023"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/218023\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/190171"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=218023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=218023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=218023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}