Swiss National Bank Sells 79,100 Shares of FirstEnergy Corporation

Utilities provider's stock ownership reduced by 4.8% in Q3

Mar. 12, 2026 at 11:55am

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Swiss National Bank lowered its stake in shares of FirstEnergy Corporation (NYSE:FE) by 4.8% in the 3rd quarter, according to the company's 13F filing with the Securities & Exchange Commission. The fund owned 1,580,544 shares of the utilities provider's stock after selling 79,100 shares during the period.

Why it matters

This transaction by a major institutional investor like the Swiss National Bank provides insight into market sentiment and portfolio adjustments for a prominent utility stock like FirstEnergy. Tracking such institutional activity can help investors gauge broader trends and potential shifts in the stock's performance.

The details

Swiss National Bank sold 79,100 shares of FirstEnergy Corporation in the 3rd quarter, reducing its total stake in the company by 4.8%. The fund now owns 1,580,544 shares of the utilities provider's stock, which was valued at $72,421,000 at the end of the most recent quarter.

  • The transaction occurred in the 3rd quarter of the year.

The players

Swiss National Bank

A major institutional investor that lowered its stake in FirstEnergy Corporation.

FirstEnergy Corporation

A U.S.-based electric utility holding company headquartered in Akron, Ohio that provides electricity delivery services to residential, commercial and industrial customers.

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The takeaway

The sale of FirstEnergy shares by the Swiss National Bank suggests the institutional investor may have concerns about the stock's near-term performance or is rebalancing its broader portfolio. However, FirstEnergy remains a well-established utility with a sizable institutional investor base, indicating the stock continues to be viewed favorably by many market participants.