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 |
Apple
AAPL
|
+$370M |
| 2 |
Amazon
AMZN
|
+$349M |
| 3 |
Microsoft
MSFT
|
+$336M |
| 4 |
Meta Platforms (Facebook)
META
|
+$181M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.07B |
| 2 |
Newmont
NEM
|
+$149M |
| 3 |
Waste Management
WM
|
+$122M |
| 4 |
McDonald's
MCD
|
+$113M |
| 5 |
Eli Lilly
LLY
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.33% |
| 2 | Healthcare | 14.29% |
| 3 | Consumer Discretionary | 13.28% |
| 4 | Communication Services | 11.64% |
| 5 | Industrials | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
Sensient Technologies
SXT
$5.68B
| $8.09M | 0.01% |
93,500
-3,300
| -3% | -$280K |
|
|
CIXX
1152
DELISTED
CI Financial Corp.
CIXX
| $8.09M | 0.01% |
439,900
-20,200
| -4% | -$346K |
|
1153
Under Armour Class C
UA
$2.26B
| $8.07M | 0.01% |
434,600
-15,300
| -3% | -$288K |
|
1154
Silgan Holdings
SLGN
$4.49B
| $8.05M | 0.01% |
194,100
+17,300
| +10% | +$734K |
|
|
STMP
1155
DELISTED
Stamps.com, Inc.
STMP
| $8.04M | 0.01% |
40,166
-1,500
| -4% | -$294K |
|
|
ALE
1156
DELISTED
Allete
ALE
| $8.04M | 0.01% |
114,900
-3,900
| -3% | -$272K |
|
1157
LGI Homes
LGIH
$1.39B
| $8.03M | 0.01% |
49,581
+800
| +2% | +$132K |
|
1158
Steven Madden
SHOO
$3.45B
| $8.02M | ﹤0.01% |
183,325
+2,800
| +2% | +$116K |
|
|
CLDR
1159
DELISTED
Cloudera, Inc.
CLDR
| $8.02M | ﹤0.01% |
505,513
+5,600
| +1% | +$76.2K |
|
|
SFIX
1160
Stitch Fix
SFIX
$479M
| $7.95M | ﹤0.01% |
131,800
| – | – |
|
|
DQ
1161
Daqo New Energy
DQ
$991M
| $7.95M | ﹤0.01% |
122,212
-300
| -0.2% | -$21.6K |
|
|
LAZR
1162
DELISTED
Luminar Technologies
LAZR
| $7.94M | ﹤0.01% |
+24,127
| New | +$7.96M |
|
1163
Navient
NAVI
$860M
| $7.94M | ﹤0.01% |
410,600
-15,000
| -4% | -$258K |
|
|
PPBI
1164
DELISTED
Pacific Premier Bancorp
PPBI
| $7.93M | ﹤0.01% |
187,457
-6,600
| -3% | -$293K |
|
1165
Murphy Oil
MUR
$4.96B
| $7.88M | ﹤0.01% |
338,600
+5,200
| +2% | +$106K |
|
1166
Onto Innovation
ONTO
$20.3B
| $7.87M | ﹤0.01% |
107,741
-3,900
| -3% | -$268K |
|
1167
Unifirst Corp
UNF
$5.19B
| $7.86M | ﹤0.01% |
33,500
-1,400
| -4% | -$314K |
|
1168
White Mountains Insurance
WTM
$5.1B
| $7.86M | ﹤0.01% |
6,846
-200
| -3% | -$233K |
|
1169
Kinsale Capital Group
KNSL
$8.64B
| $7.85M | ﹤0.01% |
47,662
-1,600
| -3% | -$264K |
|
|
PCH
1170
DELISTED
PotlatchDeltic
PCH
| $7.84M | ﹤0.01% |
147,522
-5,200
| -3% | -$300K |
|
1171
EXL Service
EXLS
$5.28B
| $7.84M | ﹤0.01% |
368,840
-17,500
| -5% | -$347K |
|
1172
SPS Commerce
SPSC
$2.86B
| $7.83M | ﹤0.01% |
78,400
-2,300
| -3% | -$227K |
|
1173
Applied Industrial Technologies
AIT
$13.4B
| $7.79M | ﹤0.01% |
85,600
-3,000
| -3% | -$286K |
|
1174
Fabrinet
FN
$20.4B
| $7.79M | ﹤0.01% |
81,240
-3,200
| -4% | -$286K |
|
1175
Diodes
DIOD
$4.77B
| $7.79M | ﹤0.01% |
97,600
-3,500
| -3% | -$269K |
|
Similar funds
Swiss National Bank's Q2 2021 Portfolio in Review
As of Q2 2021, Swiss National Bank held 2,687 positions worth $162B, up 8.1% from $150B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Swiss National Bank's Q2 2021 filing shows 205 new, 908 increased, 1,482 reduced and 45 closed positions. Its largest new stake was Lyft: 1,044,300 shares worth $63.2M. The largest sale was Alibaba, an estimated $1.07B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2021 buy was Lyft: 1,044,300 shares worth $63.2M.
- Swiss National Bank added most to Apple in Q2 2021, an estimated $370M increase.
- Swiss National Bank's biggest Q2 2021 reduction was Newmont, cutting an estimated $149M.
- Swiss National Bank fully exited Alibaba in Q2 2021, selling an estimated $1.07B.
- Swiss National Bank's ten largest holdings make up 25% of its $162B portfolio in Q2 2021.
- Swiss National Bank opened 205 new positions and closed 45 in Q2 2021.
- Swiss National Bank's portfolio value rose 8.1% quarter-over-quarter to $162B.
Based on Swiss National Bank's 13F filing for Q2 2021, filed 6 Aug 2021.