Swiss National Bank Raises Imperial Oil Stake 23.6%

Several major investors boosted holdings in Imperial Oil in the first and fourth quarters, including the Swiss National Bank, Barometer Capital Management, and Baader Bank Aktiengesellschaft, alongside other hedge funds and wealth managers, signaling growing institutional interest in the energy stock. The shares traded around the low-to-mid $120s with roughly one-fifth of the stock owned by institutional investors.