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
|
+$107M |
| 2 |
AT&T
T
|
+$86.3M |
| 3 |
PayPal
PYPL
|
+$82.6M |
| 4 |
Kraft Heinz
KHC
|
+$80.2M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$67.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$80.8M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$73.8M |
| 3 |
eBay
EBAY
|
+$73.2M |
| 4 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$50.9M |
| 5 |
FDO
FAMILY DOLLAR STORES
FDO
|
+$27.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.12% |
| 2 | Technology | 14.65% |
| 3 | Industrials | 10.73% |
| 4 | Consumer Discretionary | 10.43% |
| 5 | Consumer Staples | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OVTI
1301
DELISTED
OMNIVISION TECHNOLOGIES INC
OVTI
| $2.02M | 0.01% |
76,900
+9,800
| +15% | +$244K |
|
|
PSB
1302
DELISTED
PS Business Parks, Inc.
PSB
| $2.02M | 0.01% |
25,400
+3,400
| +15% | +$257K |
|
1303
Community Bank
CBU
$3.43B
| $2.01M | 0.01% |
54,100
+6,800
| +14% | +$252K |
|
1304
Groupon
GRPN
$894M
| $2.01M | 0.01% |
30,818
+3,995
| +15% | +$355K |
|
|
KNGT
1305
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $2.01M | 0.01% |
83,700
+11,100
| +15% | +$266K |
|
1306
Ligand Pharmaceuticals
LGND
$5.76B
| $2M | 0.01% |
37,510
+4,969
| +15% | +$301K |
|
1307
Gentherm
THRM
$1.27B
| $2M | 0.01% |
44,600
+5,800
| +15% | +$278K |
|
1308
Abercrombie & Fitch
ANF
$4.84B
| $2M | 0.01% |
94,500
+11,100
| +13% | +$226K |
|
|
WPX
1309
DELISTED
WPX Energy, Inc.
WPX
| $2M | 0.01% |
302,200
+66,600
| +28% | +$557K |
|
1310
Halozyme
HALO
$11.6B
| $2M | 0.01% |
148,800
+18,500
| +14% | +$371K |
|
|
MGLN
1311
DELISTED
Magellan Health Services, Inc.
MGLN
| $2M | 0.01% |
36,000
+4,900
| +16% | +$296K |
|
|
CHSP
1312
DELISTED
Chesapeake Lodging Trust
CHSP
| $1.99M | 0.01% |
76,500
+10,500
| +16% | +$317K |
|
1313
LiveRamp
RAMP
$2.3B
| $1.99M | 0.01% |
100,700
+14,900
| +17% | +$287K |
|
|
QTS
1314
DELISTED
QTS REALTY TRUST, INC.
QTS
| $1.99M | 0.01% |
45,463
+12,063
| +36% | +$492K |
|
1315
Nexstar Media Group
NXST
$5.81B
| $1.97M | 0.01% |
41,700
+5,300
| +15% | +$269K |
|
|
PLCM
1316
DELISTED
POLYCOM INC
PLCM
| $1.97M | 0.01% |
188,400
+23,400
| +14% | +$254K |
|
|
EE
1317
DELISTED
El Paso Electric Company
EE
| $1.97M | 0.01% |
53,600
+7,100
| +15% | +$255K |
|
|
DMC
1318
Del Monte Corp
DMC
$1.42B
| $1.97M | 0.01% |
49,800
+5,500
| +12% | +$214K |
|
|
SVU
1319
DELISTED
SUPERVALU Inc.
SVU
| $1.97M | 0.01% |
39,143
+5,057
| +15% | +$291K |
|
|
CMRX
1320
DELISTED
Chimerix, Inc.
CMRX
| $1.96M | 0.01% |
51,300
+6,800
| +15% | +$336K |
|
1321
Carpenter Technology
CRS
$26.6B
| $1.96M | 0.01% |
65,800
+6,500
| +11% | +$237K |
|
1322
Globus Medical
GMED
$11.5B
| $1.96M | 0.01% |
94,800
+12,000
| +14% | +$304K |
|
|
GCI
1323
DELISTED
Gannett Co., Inc
GCI
| $1.96M | 0.01% |
133,020
-76,450
| -36% | -$1M |
|
|
SYNT
1324
DELISTED
Syntel Inc
SYNT
| $1.96M | 0.01% |
43,200
+5,600
| +15% | +$245K |
|
|
HTS
1325
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $1.96M | 0.01% |
129,100
+16,200
| +14% | +$264K |
|
Similar funds
Swiss National Bank's Q3 2015 Portfolio in Review
As of Q3 2015, Swiss National Bank held 2,599 positions worth $39B, up 0.96% from $38.6B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.52B of net new capital in Q3 2015, opening 19 new positions and adding to 2,500 existing holdings. Its largest new stake was PayPal: 2,306,091 shares worth $71.6M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 17% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was eBay, an estimated $73.2M trimmed.
- Swiss National Bank's largest Q3 2015 buy was PayPal: 2,306,091 shares worth $71.6M.
- Swiss National Bank added most to Apple in Q3 2015, an estimated $107M increase.
- Swiss National Bank's biggest Q3 2015 reduction was eBay, cutting an estimated $73.2M.
- Swiss National Bank fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $80.8M.
- Swiss National Bank's ten largest holdings make up 15% of its $39B portfolio in Q3 2015.
- Swiss National Bank opened 19 new positions and closed 31 in Q3 2015.
- Swiss National Bank's portfolio value rose 0.96% quarter-over-quarter to $39B.
Based on Swiss National Bank's 13F filing for Q3 2015, filed 4 Nov 2015.