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 | |
|---|---|---|---|---|---|---|
1251
Quaker Houghton
KWR
$2.94B
| $7M | ﹤0.01% |
29,500
-1,100
| -4% | -$263K |
|
1252
Simmons First National
SFNC
$3.48B
| $6.99M | ﹤0.01% |
238,286
-10,400
| -4% | -$311K |
|
1253
Riot Platforms
RIOT
$7.14B
| $6.98M | ﹤0.01% |
+185,400
| New | +$6.63M |
|
1254
Franklin Electric
FELE
$4.68B
| $6.98M | ﹤0.01% |
86,600
-3,200
| -4% | -$262K |
|
|
FLNA
1255
Filana Therapeutics
FLNA
$44.1M
| $6.98M | ﹤0.01% |
+81,700
| New | +$4.38M |
|
1256
Medifast
MED
$128M
| $6.96M | ﹤0.01% |
24,600
+400
| +2% | +$108K |
|
1257
Shoals Technologies Group
SHLS
$1.42B
| $6.95M | ﹤0.01% |
+195,900
| New | +$5.91M |
|
1258
Simply Good Foods
SMPL
$1B
| $6.93M | ﹤0.01% |
189,900
-6,800
| -3% | -$232K |
|
1259
COPT Defense Properties
CDP
$4.19B
| $6.92M | ﹤0.01% |
247,300
-9,000
| -4% | -$252K |
|
1260
FirstCash
FCFS
$9.31B
| $6.91M | ﹤0.01% |
90,412
-4,300
| -5% | -$325K |
|
1261
LiveRamp
RAMP
$2.3B
| $6.91M | ﹤0.01% |
147,500
-4,000
| -3% | -$192K |
|
|
SIX
1262
DELISTED
Six Flags Entertainment Corp.
SIX
| $6.91M | ﹤0.01% |
159,600
-15,100
| -9% | -$681K |
|
1263
Associated Banc-Corp
ASB
$6.11B
| $6.9M | ﹤0.01% |
336,840
-14,100
| -4% | -$312K |
|
1264
Ormat Technologies
ORA
$7.06B
| $6.87M | ﹤0.01% |
98,734
-2,200
| -2% | -$156K |
|
|
WBT
1265
DELISTED
Welbilt, Inc.
WBT
| $6.86M | ﹤0.01% |
296,300
-10,900
| -4% | -$231K |
|
1266
Integer Holdings
ITGR
$4.26B
| $6.84M | ﹤0.01% |
72,600
-2,500
| -3% | -$230K |
|
1267
Marathon Digital Holdings
MARA
$3.55B
| $6.83M | ﹤0.01% |
+217,800
| New | +$6.91M |
|
1268
Walker & Dunlop
WD
$1.46B
| $6.83M | ﹤0.01% |
65,400
-2,400
| -4% | -$251K |
|
1269
Pebblebrook Hotel Trust
PEB
$2.06B
| $6.82M | ﹤0.01% |
289,412
-9,700
| -3% | -$228K |
|
|
TWOU
1270
DELISTED
2U Inc
TWOU
| $6.8M | ﹤0.01% |
5,437
-50
| -0.9% | -$57.7K |
|
1271
Progyny
PGNY
$2.02B
| $6.79M | ﹤0.01% |
115,100
+75,500
| +191% | +$4.24M |
|
1272
Nektar Therapeutics
NKTR
$2.47B
| $6.79M | ﹤0.01% |
26,360
-960
| -4% | -$266K |
|
1273
MACOM Technology Solutions
MTSI
$24.2B
| $6.76M | ﹤0.01% |
105,450
-3,300
| -3% | -$192K |
|
1274
Iovance Biotherapeutics
IOVA
$3.16B
| $6.74M | ﹤0.01% |
259,156
+7,800
| +3% | +$203K |
|
|
NOVA
1275
DELISTED
Sunnova Energy
NOVA
| $6.73M | ﹤0.01% |
178,600
+61,000
| +52% | +$2.03M |
|
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.