TLDR
- Union Bancaire Privee purchased 1,012,804 Cisco shares worth approximately $69.04 million during Q3 2025, increasing their stake to 1,052,813 shares valued at $116.93 million.
- The position now represents 1.66% of the Swiss bank’s $7.04 billion reportable U.S. equity portfolio as of September 30, 2025.
- Cisco stock has gained 31.2% over the past year, trading at $68.91 as of October 6, 2025.
- Cisco launched its new 8223 routing system with 51.2 terabits per second capacity, powered by the Silicon One P200 chip, specifically designed for AI data center connectivity.
- The router features 64 ports of 800G connectivity and supports coherent optics reaching up to 1000km, now shipping to initial hyperscale customers.
Union Bancaire Privee made a substantial investment in Cisco Systems during the third quarter of 2025, purchasing 1,012,804 shares. The Swiss wealth management firm spent approximately $69.04 million on the acquisition according to an SEC filing dated October 7, 2025.
The purchase increased Union Bancaire Privee’s total Cisco holdings to 1,052,813 shares. The position was valued at $116.93 million as of September 30, 2025.
The investment represents 1.66% of the firm’s $7.04 billion reportable U.S. equity portfolio. While this makes Cisco a meaningful holding, it falls outside Union Bancaire Privee’s top five positions.
The firm’s largest holdings include Microsoft at 20.6% of assets under management and Alphabet at 5.4%. Amazon, Nvidia, and JPMorgan round out the top five positions.
Cisco shares traded at $68.91 on October 6, 2025. The stock has climbed 31.2% over the past year.
The institutional buying activity comes as Cisco pushes deeper into the AI infrastructure market. The company unveiled its 8223 routing system on Wednesday, designed specifically for connecting data centers running AI workloads.
New Router Technology Targets AI Market
The 8223 system delivers 51.2 terabits per second of Ethernet routing capacity. It fits into a 3-rack-unit form factor.
The router runs on Cisco’s new Silicon One P200 chip. The company claims this chip can help scale interconnect bandwidth to over 3 Exabits per second.
“AI compute is outgrowing the capacity of even the largest data center, driving the need for reliable, secure connection of data centers hundreds of miles apart,” said Martin Lund, Executive Vice President of Cisco’s Common Hardware Group. The system features 64 ports of 800G connectivity.
The router supports coherent optics reaching up to 1000km. This allows data centers separated by long distances to maintain high-speed connections.
Product Features and Availability
The 8223 includes line-rate encryption with post-quantum resilient algorithms. These security features come standard with the system.
The router also offers deep buffering capabilities. Microsoft’s Dave Maltz, Technical Fellow and Corporate VP of Azure Networking, noted the importance of increased buffering for cloud and AI networks.
“The increasing scale of the cloud and AI requires faster networks with more buffering to absorb bursts,” Maltz said. He added that the P200 provides more options in this space.
The system will initially support open-source SONiC deployments. Cisco plans to add IOS XR support in the future.
The company stated the 8223 is now shipping to initial hyperscale customers. The P200 chip will also work in modular platforms and disaggregated chassis configurations.
Cisco generates $56.65 billion in annual revenue and reported $10.45 billion in net income. The company offers a 2.37% dividend yield.
The stock currently trades at a price-to-earnings ratio of 27. Cisco has averaged year-over-year revenue growth of about 1.7% since 2015.
