Swiss Bank to liquidate a substantial part of its AMC holdings in the near future

A source reports that Swiss National Bank plans to liquidate a large part of its AMC position in the near future. 

On August 6th, reports indicated that Swiss National Bank has filed a 13F-HR form disclosing ownership of 832,741 shares of AMC Entertainment Holdings Inc (US:AMC) with total holdings valued at $47,200,000 USD as of 2021-06-30. Swiss National Bank had filed a previous 13F-HR on 2021-05-07 disclosing 195,641 shares of AMC Entertainment Holdings Inc at a value of $1,997,000 USD. This represents a change in shares of 325.65 percent and a change in value of 2,263.55 percent during the quarter.