Bentley Systems Sees Share Sell-Off from Swiss National Bank

Bentley Systems, a global software provider, has seen its shares sold by Swiss National Bank. In its most recent Form 13F filing with the SEC, the bank disclosed it trimmed its holdings in Bentley Systems' stock by 27.4% during the first quarter.

The fund owned 317,800 shares of the company's stock after selling 119,800 shares during the quarter.

This is not an isolated incident. Several other institutional investors and hedge funds have also recently bought and sold shares of Bentley Systems.