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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The Swiss National Bank increased its stakes in several major U.S. companies during the first quarter, raising its holdings in Sysco Corporation and Microchip Technology by 7.2% each. The bank also boosted its positions in Tractor Supply Company by 6.8% and General Mills by 7.1%, with the latter investment valued at over $58 million. These strategic moves strengthen the bank's presence in the tech and food sectors, occurring as institutional investors now collectively own over 83% of Sysco's stock.