Swiss National Bank Sells 10,500 Shares of United Rentals

Institutional investor reduces stake in construction equipment rental company

Published on Mar. 10, 2026

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Swiss National Bank lowered its stake in shares of United Rentals, Inc. (NYSE:URI) by 5.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 187,300 shares of the construction company's stock after selling 10,500 shares.

Why it matters

United Rentals is a major player in the construction equipment rental industry, and changes in ownership by large institutional investors like the Swiss National Bank can signal shifts in market sentiment around the company's performance and outlook.

The details

The Swiss National Bank sold 10,500 shares of United Rentals, reducing its total stake in the company to 187,300 shares. This represented about 0.29% of United Rentals' outstanding shares at the end of the reporting period. The sale comes as United Rentals has seen its stock price fluctuate in recent quarters amid changing market conditions for the construction industry.

  • The share sale occurred during the third quarter of the reporting period.

The players

Swiss National Bank

A major institutional investor that manages Switzerland's foreign exchange and gold reserves.

United Rentals, Inc.

A leading equipment rental company that provides a range of construction and industrial equipment to customers across North America.

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The takeaway

The reduction in Swiss National Bank's stake in United Rentals suggests the institutional investor may have a more cautious outlook on the construction equipment rental market in the near term, though United Rentals remains a significant holding in its portfolio.