Swiss National Bank Trims AutoZone Stake

The bank sold 2,500 shares of the auto parts retailer in the third quarter.

Published on Mar. 10, 2026

Swiss National Bank reduced its holdings in AutoZone, Inc. (NYSE: AZO) by 4.9% during the third quarter, according to a recent disclosure with the Securities and Exchange Commission. The firm now owns 48,200 shares of the company's stock, worth approximately $206.8 million as of the latest filing.

Why it matters

AutoZone is a major auto parts retailer, and changes in ownership by large institutional investors like the Swiss National Bank can signal broader market trends or shifts in sentiment around the company and the industry.

The details

Swiss National Bank sold 2,500 shares of AutoZone stock during the third quarter, reducing its total position to 48,200 shares. The bank previously owned 50,700 shares of the company. AutoZone's stock price has fluctuated in recent quarters, with the share price ranging from around $3,210 to $4,388 over the past 52 weeks.

  • The share sale occurred during the third quarter of 2026.

The players

Swiss National Bank

The central bank of Switzerland, which manages the country's monetary policy and currency.

AutoZone, Inc.

A major U.S. retailer and distributor of automotive replacement parts and accessories, headquartered in Memphis, Tennessee.

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The takeaway

The reduction in Swiss National Bank's AutoZone holdings suggests the bank may have a more cautious outlook on the auto parts retailer or the broader industry. However, a single institutional investor's trading activity does not necessarily indicate broader market trends, and AutoZone's performance will continue to be influenced by a range of macroeconomic and competitive factors.