Published by Global Banking & Finance Review®
Posted on August 14, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleCevian Capital raised its UBS stake by 9.9% in Q2, holding 48.1 million shares worth $1.63 billion, with expectations of share price growth.
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NEW YORK (Reuters) -Activist investor Cevian Capital raised its share stake in bank UBS by 9.9% in the second quarter, according to a regulatory filing on Thursday.
Cevian ended June with 48.1 million shares worth $1.63 billion in its portfolio. The fund first disclosed a stake in the Swiss bank in December 2023, betting on a recovery of UBS shares following its takeover of Credit Suisse.
At that time, Cevian managing partner Lars Forberg said the stock had the potential to roughly double its price to 50 francs. On Thursday, they were priced at 32 francs.
(Reporting by Carolina Mandl, in New York;)
Cevian Capital raised its share stake in UBS by 9.9% in the second quarter.
Cevian ended June with 48.1 million shares worth $1.63 billion in its portfolio.
Cevian Capital first disclosed a stake in UBS in December 2023.
Cevian managing partner Lars Forberg stated that the stock had the potential to roughly double its price to 50 francs.
On Thursday, UBS shares were priced at 32 francs.
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