Swiss National Bank Trims Textron Inc. Stake

Aerospace company's shares sold by major institutional investor

Mar. 13, 2026 at 9:54am

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Swiss National Bank, a large institutional investor, reduced its holdings in Textron Inc. (NYSE:TXT) by 5.4% during the third quarter, according to a recent SEC filing. The firm now owns 520,389 shares of the aerospace company's stock, valued at $43.97 million as of the end of the quarter.

Why it matters

Textron is a major aerospace and defense company, so changes in ownership by large institutional investors like Swiss National Bank can signal broader market sentiment around the stock and the industry. This filing provides insight into the trading activity and portfolio decisions of one of Textron's largest shareholders.

The details

According to the 13F filing, Swiss National Bank sold 29,500 shares of Textron stock during the third quarter, reducing its total position to 520,389 shares. The firm cited unspecified portfolio adjustments as the reason for the sale. Textron's stock price has fluctuated in recent months, trading between $57.70 and $101.57 over the past 52 weeks.

  • The 13F filing covers the third quarter of 2026.
  • Swiss National Bank sold the Textron shares during that period.

The players

Swiss National Bank

The central bank of Switzerland and one of Textron's largest institutional shareholders.

Textron Inc.

A global aerospace and defense company that produces Cessna and Beechcraft aircraft, Bell helicopters, and other products.

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The takeaway

This filing indicates that one of Textron's major institutional investors has reduced its stake in the company, potentially signaling broader market sentiment or portfolio adjustments. However, Textron's stock price has remained relatively stable, suggesting the company's fundamentals remain sound despite the ownership change.