The Swiss National Bank AMC holdings increased by over 637,000 shares in Q2 of 2021 to give them a total of a 832,741 AMC shares held by the institution.

It’s interesting to note that despite all the FUD and all the talk from the media shills, that the Gnomes of Zurich are heavily increasing their position in the stock. It’s worth reminding ourselves that banks and institutions don’t generally make plays of this size if they aren’t sure it’s going to make money.

The information was first reported by Barrons, and oulines how the bank bought AMC, Uber and Lyft stock, whilst selling junk food kings McDonalds.

Let’s just hope now they bought the shares to HODL, and not to loan out…