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
|
+$411M |
| 2 |
Microsoft
MSFT
|
+$309M |
| 3 |
ExxonMobil
XOM
|
+$258M |
| 4 |
Johnson & Johnson
JNJ
|
+$221M |
| 5 |
GE Aerospace
GE
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
+$54.7M |
| 4 |
Stellantis
STLA
|
+$25.2M |
| 5 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
+$20M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.18% |
| 2 | Technology | 15.1% |
| 3 | Consumer Discretionary | 10.61% |
| 4 | Industrials | 10.36% |
| 5 | Consumer Staples | 10.33% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SYNT
1276
DELISTED
Syntel Inc
SYNT
| $2.6M | ﹤0.01% |
54,100
+10,900
| +25% | +$499K |
|
1277
LiveRamp
RAMP
$2.3B
| $2.6M | ﹤0.01% |
125,700
+25,000
| +25% | +$498K |
|
1278
Unifirst Corp
UNF
$5.24B
| $2.6M | ﹤0.01% |
24,700
+5,100
| +26% | +$533K |
|
1279
Mueller Industries
MLI
$15.1B
| $2.6M | ﹤0.01% |
365,600
+71,200
| +24% | +$470K |
|
1280
Rambus
RMBS
$10.8B
| $2.6M | ﹤0.01% |
195,600
+39,100
| +25% | +$485K |
|
1281
EXL Service
EXLS
$5.36B
| $2.6M | ﹤0.01% |
259,340
+60,950
| +31% | +$560K |
|
|
JOY
1282
DELISTED
Joy Global Inc
JOY
| $2.59M | ﹤0.01% |
166,888
+42,500
| +34% | +$535K |
|
1283
AMN Healthcare
AMN
$1.34B
| $2.59M | ﹤0.01% |
79,800
+15,700
| +24% | +$449K |
|
1284
New York Times
NYT
$10.3B
| $2.59M | ﹤0.01% |
215,100
+39,100
| +22% | +$495K |
|
|
EXPR
1285
DELISTED
Express, Inc.
EXPR
| $2.58M | ﹤0.01% |
6,245
+1,255
| +25% | +$451K |
|
|
KNGT
1286
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $2.58M | ﹤0.01% |
102,100
+18,400
| +22% | +$465K |
|
|
WLL
1287
DELISTED
Whiting Petroleum Corporation
WLL
| $2.57M | ﹤0.01% |
1,113
-118
| -10% | -$232K |
|
1288
Precigen
PGEN
$2.32B
| $2.57M | ﹤0.01% |
79,106
+16,043
| +25% | +$505K |
|
1289
Viavi Solutions
VIAV
$10.6B
| $2.56M | ﹤0.01% |
386,600
+80,500
| +26% | +$484K |
|
1290
Applied Industrial Technologies
AIT
$13B
| $2.56M | ﹤0.01% |
61,000
+11,300
| +23% | +$446K |
|
|
STMP
1291
DELISTED
Stamps.com, Inc.
STMP
| $2.55M | ﹤0.01% |
24,866
+5,200
| +26% | +$532K |
|
|
ARGO
1292
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $2.55M | ﹤0.01% |
58,232
+11,512
| +25% | +$510K |
|
|
GRUB
1293
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $2.55M | ﹤0.01% |
52,550
+10,750
| +26% | +$475K |
|
1294
Cal-Maine
CALM
$3.87B
| $2.54M | ﹤0.01% |
50,800
+10,300
| +25% | +$514K |
|
|
CSOD
1295
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $2.54M | ﹤0.01% |
80,400
+16,500
| +26% | +$498K |
|
1296
RH
RH
$3.41B
| $2.54M | ﹤0.01% |
62,730
+12,800
| +26% | +$654K |
|
|
CATM
1297
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $2.53M | ﹤0.01% |
72,800
+14,700
| +25% | +$480K |
|
1298
J&J Snack Foods
JJSF
$1.7B
| $2.53M | ﹤0.01% |
24,200
+5,000
| +26% | +$540K |
|
1299
Mueller Water Products
MWA
$4.09B
| $2.52M | ﹤0.01% |
264,800
+51,900
| +24% | +$444K |
|
1300
Itron
ITRI
$4.5B
| $2.52M | ﹤0.01% |
62,500
+11,500
| +23% | +$425K |
|
Similar funds
Swiss National Bank's Q1 2016 Portfolio in Review
As of Q1 2016, Swiss National Bank held 2,649 positions worth $54.5B, up 32% from $41.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $13.6B of net new capital in Q1 2016, opening 6 new positions and adding to 2,585 existing holdings. Its largest new stake was Ferrari: 823,472 shares worth $32.9M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, down from 16% a quarter earlier, followed by Technology and Consumer Discretionary.
On the sell side, the largest reduction was Stellantis, an estimated $25.2M trimmed.
- Swiss National Bank's largest Q1 2016 buy was Ferrari: 823,472 shares worth $32.9M.
- Swiss National Bank added most to Apple in Q1 2016, an estimated $411M increase.
- Swiss National Bank's biggest Q1 2016 reduction was Stellantis, cutting an estimated $25.2M.
- Swiss National Bank fully exited BROADCOM CORP CL-A in Q1 2016, selling an estimated $58.7M.
- Swiss National Bank's ten largest holdings make up 15% of its $54.5B portfolio in Q1 2016.
- Swiss National Bank opened 6 new positions and closed 38 in Q1 2016.
- Swiss National Bank's portfolio value rose 32% quarter-over-quarter to $54.5B.
Based on Swiss National Bank's 13F filing for Q1 2016, filed 4 May 2016.