I hear you, not another Trump post! Also, sorry for the clickbait, the case is most likely not curious at all. Anyway, here goes:

What happened?

So, I stumbled upon this article. The author, Walker Davis, was apparently scanning a filing of the SNB, where they have to declare all of their US stock holdings as of September 30 2024.

And this is what he saw, among the 2'465 stocks with a total value of 154bn USD:

TRUMP MEDIA & TECHNOLOGY GRO, Value: 1,788,591, Shares: 111,300

The SNB bought 111k shares of Trump's company (DJT), worth 1.8m USD. Scandalous?!

Trump Media was first listed on the US stock exchange in late 2021, so I clicked through all SNB 13-F filings going back to Q4 2021 to confirm that this was actually the first time they reported a holding in Trump Media. And this is correct.

So why did this purchase happen? And why now?

The SNB pursues a market-neutral and passive investment approach by replicating individual equity markets in their entirety. Meaning, they buy an individual stock if it grows (in respect to the total market) and sell a stock if it shrinks, without any more consideration (i.e. no active management is happening).

If you look at the share price development, the stock IPO'd in late 2021 as a SPAC called "Digital World Acquisition Corp." (DWAC). Trump Media went public on March 26 2024, by merging with DWAC.

It's not exactly clear to me why SNB's index-weighted portfolio didn't pick up a position in DWAC in early 2022, as the share price was much higer, albeit only for a very short period.

The upwards movement of the stock price in the first half of 2024 is probably the reason why DJT was included in the SNB's portfolio in Q3 2024.

What will SNB do next with DJT

SNB is about to report their Q4 2024 filings with the SEC in the next few days. Looking at the stock price development in Q4, the size of the DJT position will likely remain about the same. Stay tuned!

Q&A-Section:

Q: Why does the SNB hold US stocks in the first place?

A: To make money, duh!

Q: Where can I find SNB's 13-F filings?

A: Voila

Q: What exemptions does the SNB set itself when replicating indexes?

A: The SNB refrains from investing in shares of systemically important banks and Swiss issuers (due to potential conflict of interests). They also exclude companies that seriously violate fundamental human rights, systematically cause severe environmental damage or are involved in the production of internationally condemned weapons.

In my company, we have a few young fresh graduates who just finished Uni, and joined our big finance company. And they seem to be very different this year. When i say different , i mean by more arrogant, coming in late, leaving early, talk back to their manager, they dont really care what you say, or they think they’re the most important. Is this just a fluke in my company? Or you guys also seeing this in in your company from young adults who just joined and started working?

Hello, I have been trying to order something from the sun store pharmacy (not prescription) and it says it could be made available after 1 day if I place an order for it online. I put in my email and phone number, but haven’t gotten a confirmation email. I received an error message after pressing order, but it was just telling me to continue from that page. I wasn’t sure if the order has gone through or not as my cart still had the items in it. I tried with another pharmacy online and encountered the same error. Has anyone else had this problem/have any advice on how to navigate this pharmacy system? I really would like to get this asap but same day pickup doesn’t seem to be an option. Thanks for your help!

A very strange thing happened to me and my friends last night in Visp area. I and my two other friends were standing and chatting under our apartment building at around 10:30pm. My neighbour in the same building came drunk and started misbehaving with one of my friend. He had a kitchen knife too which he took out and threatened. He was speaking in local German which we could not understand very well but sounded like he was asking if my friend was Michel. Later he used his knife to damage an unknown electric scooter standing near the building. We started walking away as we thought it was dangerous to be around. He came behind and misbehaved with me started shouting go away in German. One fellow was accompanying him and trying to stop him from creating nonsense. We walked away and saw him going inside the building with his fellow friend, may be to his apartment. Actually I do not know in which apartment he lives in. This happened first time with me in the last one and half year of my stay and I am thinking what to do? Should I ignore this as first event or escalate it to my apartment owner? I am also worried he should not create more problems for us in future if I escalate. I never had any conversation with him before but he always looked very non receptive from the beginning. He never greets like other neighbours. I and my friends are from India and I am living in the same building from last one and half year.

They circle like vultures, we don't want to give them this pleasure (the mean neighbor has become very nice as luck would have it) we don't have a departure date yet can they apply for our apartment? if we find someone who takes over our lease is the management obliged to take this person? or can they change their mind?

Could someone who has already experienced a lease takeover enlighten me please? Thanks for any help

Today I gave 3 months' notice to the landlord who swiftly pointed out that I can move out on 31.07 at the earliest, as stipulated in the contract. Hence, I need to find a Nachmieter, i.e. a substitute/replacement tenant. Thing is, I am actually leaving the country, so this complicates things quite a bit. I am currently based in Ticino. I am f*ucked, aren't I?

Hello guys I'm about to buy my first car (used car) I literally have no idea what is good car and what is bad car. Only thing i know is i need to choose Less Kliometers I'm about to ride for 3-4 years and change a car so i want to buy cheapest car that i can

1. Is it fine to buy 2007 18KMs used car?
2. Which car brand has no breakdowns??

Also I would be appreciate of any tips

Thanks!

Hey Guys

I am currently 18 years old and in the third of four years in my apprenticeship as a mediamatician. I feel very lost about my future. On one hand i love the creative aspect of the job, but in reality it's mostly office work. Also, i believe the job market in this field is very competitive and it's difficult to find a job after the Apprenticeship.

Currently my plan is to do the Berufsmatura right after and then do the civil service. However i don't really have much money saved up, because i invested most of it into camera gear.

After that i am thinking of going to PH and become a Teacher, or become a Teacher at a Berufsschule, because i learned i like working with Kids and teaching them. It's also a very stable job and there is a lot of demand currently.

But i also want to continue doing creative work. I feel like i am on a semiprofessional level in the photo and video niche and it's truly my passion. But i don't like doing it as a 9-5 job and the freelancing market is also oversaturated. However freelancing would be my dream.

Another problem is that i have ADHD and can't focus too long on a task and am always pushing Deadlines.

So yeah, i am struggling with deciding what to do, and how to handle the finances of it all. If i would get a job right after i could save up for the Berufsmatura, but if i did the Berufsmatura right after i would be better prepared.

I am sorry that this post feels so unstructered, i am just really lost.

Hi curious to get some insights from anyone who has or does still drive for Uber in the Lake Geneva region as a side hustle. If so what have been your experiences? I know Geneva has tightened up the law hence the i increased number of Geneva plated Ubers in Nyon Gland. What is the break down of revenue, costs? Has it helped you with additional revenue? What are the success factors? Thanks in advance.

Bonjour, je suis curieux d'avoir des informations de la part de quelqu'un qui a conduit ou conduit encore pour Uber dans la région du lac Léman en tant qu'activité secondaire. Si oui, quelles ont été vos expériences ? Je sais que Genève a renforcé la loi, d'où l'augmentation du nombre d'Ubers immatriculés à Genève à Nyon Gland. Quelle est la répartition des revenus, des coûts ? Cela vous a-t-il aidé à générer des revenus supplémentaires ? Quels sont les facteurs de réussite ? Merci d'avance.

A seller sells his goods with Moneyguard. I would like to buy various things from him. How can I ensure that I only pay for shipping once? I can't contact the seller directly via Moneyguard?

So I don't know what to write more. So I'm writing this underneath so that my question contains 200 characters, otherwise my question won't be accepted here.

So as of today I am now officially Swiss after living in Switzerland for 15 years! I am beyond happy! The process took 19 months in total in Stadt Zürich. I have to say the process was fair and efficient. The wait was the ultimate test of patience but worth it in the end.

I have been an immigrant for 30 years and lived in multiple countries, but a citizen of none. It’s such a great feeling to finally be able to say this is my home! I’ve never voted in an election in my life and I’m almost 50!

So any advice on how to navigate the Swiss political landscape and how to approach voting on referendums, etc?

Hello reddit users,

I have a friend who successfully completed his EFZ but does not have a Berufsmatura. My question is, what the best way would be to advance.

The easiest method would probably be the HF in Informatik, but I am not a big fan of that: Its expensive and not as well recognised as real degree. The other option would be the Berufsmatura and a FH (university of applied sciences) but this would need around six years part time. I studied at a normal Uni and I have some kind of prejudice agains FHs, as the the seem not as attractive to top employers.

My suggestion would be an online MSc at a foreign Uni (UK, US) like the Uni of York. It is not very expensive and he could study without a bachelors or passerelle simple by having enough job experience, usually two to three years. It seems to be a very flexible model of studying.

What's your opinion? Do you have any experiences? Thank you in advance!

EDIT: To illustrate the possible paths:

option 1: Part-time BM (2 y) + part-time FH BSc (4 y which is probably very optimistic as I need 4 y full-time for my CS Bachelors at a Uni)

Result: 6 y until BSc from Swiss FH , option for Master's FH

Option 2: Part-time online Masters (2 y) from for example University of Keele or Sheffield Hallam which do have only minimal Math. You need a few years of experience to start such a masters.

Result: 2 y until MSc from foreign Uni

Depot Switzerland shut down today, with very little notice. The was no „alles muss weg“ sale and the whole day it was just returns and people desperately trying to find some junk to spend their gift cards on. Tomorrow the stores won‘t reopen again.

I‘m just curious to hear some thoughts about this company, customer experiences and so on. Are you disappointed? Do you care? What speculation do you have as to why it went bankrupt?

As we all know the Swiss full time hours amounts to 42hours a week. However we do know that some in some industries such as finance for example working 42 hours a week only is impossible.

Curious to know about you all. Would be interesting for everyone if you could all give your

-industry

-age range

-how often you go over the 42 hour a week mark.

-Do you get paid overtime for the extra hours worked?

Guten Tag ich habe auf Anibis ein Iphone für einen sehr guten Preis von 350.- CHF gekauft, es war gebraucht wohlgemerkt. Der Verkäufer hat behauptet er habe es abgesendet, es ist jedoch nichts gekommen und seit dem werde ich ignoriert. Es sollte ziemlich klar sein dass es sich hier um eine Verrarsche handelt. Was soll ich tun?

Hey you what's upp I'am just asking if someone wouldn't Like to go outside and chill or go into the fitness, or just type I'am 21 years old boy, kinda bored (SG) Or give me some advices what should I do Mercii have a nice Day Yall

Last week I was in Parma for some personal things, I’ve parked my car near to many many others in a pretty good neighborhood, the car isn’t fancy or anything, in fact near to mine were some fancier cars with Italian plates, and anyway, somebody broken a window of mine trying to find something of value…

I never leave anything of value inside the car and there was nothing particularly interesting inside so someone would choose my car based on the content… I can only assume that it was because of the Swiss plates…

Having all this in mind my question would be: anybody else has problems like this because of the Swiss plates? Is there any prevention tips to be taken in consideration?

After the hell that it was to activate insurance over this problem and all the hustle involved I’m considering to rent a local car instead of driving mine in those countries…

Hi! I’m looking for the best cat litter option. I have two cats and have been using Vitakraft Magic Clean (silica) from Coop/Jumbo. However, I’ve noticed a fine dust residue on their fur and paws, as well as in their litter area. Every time they use it and stir the litter, my air purifier shows red numbers due to the dust in the air. This also concerns me because my cats might be inhaling it.

I’d really appreciate any recommendations for better brands to try. Thank you!

Wo finde ich die aktualisierte Liste der Schweizer Postleitzahlen? Möglicherweise aus offizieller Quelle.

Ich weiß, dass es diesen Dienst gibt: https://www.post.ch/de/pages/plz-suche. Allerdings verfüge ich nicht über die vollständige Liste, die ich lokal speichern kann. Ein Dienst, der per API aufgerufen werden kann, wäre auch in Ordnung.

Danke an diejenigen, die mir helfen wollen

There is drone flying over eggholzi next to the China residence. It has a bright light and he's visible during nights. He's not seeable every night.

Its very difficult to distinguish it from stars but it does move and have been seeing it with clouds.

Is it important enough to report it?

Hi there

I‘m about to sign a new contract regarding my household insurance (Privathafpflicht and Hausrat from Axa).

In the offer, there is a extra insurance for key loss. In this case, we‘d be covered up to 10k with a deductible (Selbstbehalt) of 200. It‘s for my partner and myself - we‘re unsure at one point wether it‘s necessary or not.

Since we live in a rented flat where the building uses digital keys (by Dorma Kaba), I‘d like to ask, what typical costs in case of a loss would amount to? We never lost a key to this point.

The extra insurance doesnt cost much, its also more a principle thing: Saving small costs, so they dont pile up into something big.

Many thanks for your thoughts and inputs :)

Unknown call from 044505XXXX

Hi, has anyone got a bunch of calls from numbers like 044505XXXX, when you call back , the call will fail. And they seem to use a lot of slightly different numbers.

Very suspicious activities going on ?

Update from yesterday's post. I called soccar, and the regional manager said it was okay to pay just for the gas and told me they are going to cover the 80 frs to beppo. But now I don't understand why paying a company that you can't even cancel a debt without paying fees. As they no longer following me but are still on leash to beppo and have to pay them 80 frs.

Bin gerade in der Bahn hoch von Eigergletscher zum Jungfraujoch. Mit Halbtax kostet das Ticket 69CHF. Und jetzt ist diese Bahn voll mit Bildschirmen auf denen Werbung läuft - MIT SOUND! Wollt ihr mich verarschen?

Hi. my swiss registered car broke down while visiting family in Frankfurt. I got it to a dealership and was told I had to completely replace the engine. I don't know my options, but it seems like I almost have no choice but to replace the engine and declare it at the border when I drive home. an option I was told about doesn't seem realistic, selling the car within the EU, because I didn't export it for this purpose (I also, didn't intend to, I like my car).

The car is about 5 years old, 100k km, I bought it with the help of a third party 'ex-pat' company, so I don't know the original dealer of the car.

any advice? what should I pay attention to when bringing my car back across the border, any specific documents I should ask the dealership to provide me for the customs declarations, and can I get the German MwSt back??

thank you all. :)

Can someone recommend me some good swiss podcasts.. (french or English) mainly interested in comedy, social in political commentary, interviews etc.. but open to recommendations.

Thank you

Quelqu'un peut-il me recommander de bons podcasts suisses (en français ou anglais) principalement intéressée par la comédie, les commentaires sociaux et politiques, les interviews, etc. mais ouvert à des bonnes recommandations.