Swiss National Bank Portfolio holdings
The Swiss National Bank (SNB), founded in 1907 and headquartered in Zurich with an office in Bern, is Switzerland’s central bank, responsible for conducting monetary policy, issuing the Swiss franc, and ensuring price stability, while uniquely managing a massive investment portfolio. Unlike most central banks, the SNB is a joint-stock company with shares traded on the SIX Swiss Exchange, owned roughly 55% by public entities like cantons and 45% by private investors, yet it operates independently under federal oversight. It holds over $800 billion in foreign currency reserves as of late 2024—invested in global equities, bonds, and gold—to manage the franc’s value, famously intervening in markets to prevent excessive appreciation, as seen with the 2015 abandonment of the euro peg. Led by Chairman Thomas Jordan until his planned exit in September 2024, the SNB balances its dual role as a monetary authority and a significant global investor, influencing both Swiss and international financial stability.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$133M |
| 2 |
AbbVie
ABBV
|
+$110M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$93.9M |
| 4 |
Amazon
AMZN
|
+$91.8M |
| 5 |
Otis Worldwide
OTIS
|
+$84M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$226M |
| 2 |
RTN
Raytheon Company
RTN
|
+$145M |
| 3 |
WBC
WABCO HOLDINGS INC.
WBC
|
+$51.2M |
| 4 |
Newmont
NEM
|
+$50.7M |
| 5 |
Yum! Brands
YUM
|
+$33.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.6% |
| 2 | Healthcare | 15.16% |
| 3 | Consumer Discretionary | 12.49% |
| 4 | Communication Services | 10.41% |
| 5 | Industrials | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1101
Green Dot
GDOT
$766M
| $5.39M | ﹤0.01% |
109,900
+15,000
| +16% | +$508K |
|
|
TWOU
1102
DELISTED
2U Inc
TWOU
| $5.39M | ﹤0.01% |
4,730
+627
| +15% | +$560K |
|
1103
Applied Industrial Technologies
AIT
$13B
| $5.38M | ﹤0.01% |
86,300
+11,300
| +15% | +$616K |
|
1104
UMB Financial
UMBF
$11.4B
| $5.37M | ﹤0.01% |
104,200
+13,700
| +15% | +$672K |
|
|
CADE
1105
DELISTED
Cadence Bank
CADE
| $5.37M | ﹤0.01% |
236,200
+36,100
| +18% | +$766K |
|
1106
Allogene Therapeutics
ALLO
$683M
| $5.37M | ﹤0.01% |
125,400
+78,100
| +165% | +$2.82M |
|
1107
AppFolio
APPF
$6.97B
| $5.37M | ﹤0.01% |
33,000
+4,400
| +15% | +$576K |
|
1108
Builders FirstSource
BLDR
$7.79B
| $5.37M | ﹤0.01% |
259,200
+34,600
| +15% | +$625K |
|
1109
Integer Holdings
ITGR
$4.25B
| $5.36M | ﹤0.01% |
73,300
+9,900
| +16% | +$720K |
|
1110
Evercore
EVR
$11.5B
| $5.34M | ﹤0.01% |
90,700
+14,900
| +20% | +$810K |
|
|
IRBT
1111
DELISTED
iRobot
IRBT
| $5.31M | ﹤0.01% |
63,300
+8,500
| +16% | +$560K |
|
1112
Kennametal
KMT
$2.35B
| $5.31M | ﹤0.01% |
185,000
+24,300
| +15% | +$619K |
|
|
IBKC
1113
DELISTED
IBERIABANK Corp
IBKC
| $5.31M | ﹤0.01% |
116,623
+15,300
| +15% | +$632K |
|
|
SAIL
1114
DELISTED
SailPoint Technologies Holdings, Inc. Common Stock
SAIL
| $5.3M | ﹤0.01% |
200,300
+44,600
| +29% | +$920K |
|
1115
Park Hotels & Resorts
PK
$2.99B
| $5.3M | ﹤0.01% |
535,697
+71,400
| +15% | +$665K |
|
1116
Weibo
WB
$1.91B
| $5.24M | ﹤0.01% |
156,028
+14,500
| +10% | +$498K |
|
|
CCXI
1117
DELISTED
ChemoCentryx, Inc.
CCXI
| $5.24M | ﹤0.01% |
91,100
+17,600
| +24% | +$958K |
|
|
UMPQ
1118
DELISTED
Umpqua Holdings Corp
UMPQ
| $5.23M | ﹤0.01% |
491,625
+64,600
| +15% | +$723K |
|
1119
Teradata
TDC
$2.49B
| $5.22M | ﹤0.01% |
251,159
+32,700
| +15% | +$711K |
|
1120
Brady Corp
BRC
$4.48B
| $5.21M | ﹤0.01% |
111,200
+14,700
| +15% | +$676K |
|
1121
Shenandoah Telecom
SHEN
$721M
| $5.2M | ﹤0.01% |
105,572
+13,700
| +15% | +$695K |
|
1122
LivaNova
LIVN
$4.53B
| $5.2M | ﹤0.01% |
108,019
+14,100
| +15% | +$707K |
|
1123
Old National Bancorp
ONB
$10.4B
| $5.19M | ﹤0.01% |
377,384
+80,700
| +27% | +$1.09M |
|
|
STL
1124
DELISTED
Sterling Bancorp
STL
| $5.19M | ﹤0.01% |
443,064
+50,200
| +13% | +$574K |
|
1125
Rogers Corp
ROG
$2.48B
| $5.18M | ﹤0.01% |
41,600
+5,600
| +16% | +$599K |
|
Similar funds
Swiss National Bank's Q2 2020 Portfolio in Review
As of Q2 2020, Swiss National Bank held 2,599 positions worth $118B, up 26% from $94.2B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Swiss National Bank's Q2 2020 filing shows 119 new, 2,134 increased, 181 reduced and 161 closed positions. Its largest new stake was Otis Worldwide: 1,621,054 shares worth $92.2M. The largest sale was Allergan plc, an estimated $226M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 24% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2020 buy was Otis Worldwide: 1,621,054 shares worth $92.2M.
- Swiss National Bank added most to Alibaba in Q2 2020, an estimated $133M increase.
- Swiss National Bank's biggest Q2 2020 reduction was Newmont, cutting an estimated $50.7M.
- Swiss National Bank fully exited Allergan plc in Q2 2020, selling an estimated $226M.
- Swiss National Bank's ten largest holdings make up 24% of its $118B portfolio in Q2 2020.
- Swiss National Bank opened 119 new positions and closed 161 in Q2 2020.
- Swiss National Bank's portfolio value rose 26% quarter-over-quarter to $118B.
Based on Swiss National Bank's 13F filing for Q2 2020, filed 5 Aug 2020.