Swiss Central Bank Sold Tech Stocks Before October CRASH! SNB Admits $15 Billion Loss in 2018!

The Swiss central bank is essentially a hedge fund. They operate differently than many other central banks. Their operations with US stocks are made public and so we can track and trace their behaviour and see what such a high level group of individuals did in the previous quarter. It seems like they sold millions of shares of FANG stocks just prior to the market rout in October 2018. What did they know?

SWISS NATIONAL BANK Top Holdings
https://whalewisdom.com/filer/swiss-national-bank
SEC FORM 13-F Information Table
https://www.sec.gov/Archives/edgar/data/1582202/000158220218000004/xslForm13F_X01/InfoTable_Q32018.xml
Swiss National Bank Top Holdings 13F Filings
https://www.holdingschannel.com/13f/swiss-national-bank-top-holdings/
SNB Q3 total value.jpg (773×467)

SNB top holdings q3 2018.jpg (890×682)

Swiss National Bank expects annual loss of CHF 15 billion
https://www.snb.ch/en/mmr/reference/pre_20190109/source/pre_20190109.en.pdf
SNB Records 15 Billion-Franc Loss After Stock Market Rout - BNN Bloomberg
https://www.bnnbloomberg.ca/snb-records-15-billion-franc-loss-after-stock-market-rout-1.1195413
bc-snb-records-15-billion-franc-loss-after-stock-market-rout.png (620×349)

Swiss National Bank - 13F Filing - September 30, 2018 - Fintel.io
https://fintel.io/i13f/swiss-national-bank/2018-09-30-0