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 |
AGN
Allergan plc
AGN
|
+$18.3M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$16.5M |
| 3 |
ICL Group
ICL
|
+$11.3M |
| 4 |
Liberty Media Series C
FWONK
|
+$9.18M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
+$6.08M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$23.7M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$23.5M |
| 3 |
ExxonMobil
XOM
|
+$11.1M |
| 4 |
IBM
IBM
|
+$8.88M |
| 5 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$8.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.21% |
| 2 | Technology | 14% |
| 3 | Energy | 12.29% |
| 4 | Industrials | 10.92% |
| 5 | Consumer Staples | 10.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1376
ABM Industries
ABM
$2.84B
| $1.53M | 0.01% |
59,600
-1,000
| -2% | -$26.2K |
|
1377
St. Joe Company
JOE
$3.87B
| $1.53M | 0.01% |
76,800
-1,400
| -2% | -$31.4K |
|
1378
Enpro
NPO
$7.12B
| $1.53M | 0.01% |
25,300
+1,000
| +4% | +$68.1K |
|
|
CYBX
1379
DELISTED
CYBERONICS INC
CYBX
| $1.53M | 0.01% |
29,900
-800
| -3% | -$46.1K |
|
|
HPP
1380
Hudson Pacific Properties
HPP
$777M
| $1.52M | 0.01% |
8,836
-185
| -2% | -$33.6K |
|
1381
Post Holdings
POST
$3.65B
| $1.52M | 0.01% |
70,135
-1,681
| -2% | -$44.9K |
|
|
TFM
1382
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $1.52M | 0.01% |
43,600
-900
| -2% | -$29.3K |
|
|
HLSS
1383
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| $1.52M | 0.01% |
71,800
-1,800
| -2% | -$39.7K |
|
1384
Veeco
VECO
$3.26B
| $1.52M | 0.01% |
43,500
| – | – |
|
|
ADVS
1385
DELISTED
Advent Software Inc
ADVS
| $1.52M | 0.01% |
48,130
+1,430
| +3% | +$46K |
|
|
GES
1386
DELISTED
Guess Inc
GES
| $1.52M | 0.01% |
69,100
-1,500
| -2% | -$37.8K |
|
|
DYN
1387
DELISTED
Dynegy, Inc.
DYN
| $1.52M | 0.01% |
52,600
-900
| -2% | -$26.7K |
|
1388
First Citizens BancShares
FCNCA
$25.6B
| $1.52M | 0.01% |
7,000
+100
| +1% | +$22.6K |
|
|
TRLA
1389
DELISTED
TRULIA INC (DEL)
TRLA
| $1.52M | 0.01% |
31,000
-500
| -2% | -$26.8K |
|
|
MDCO
1390
DELISTED
Medicines Co
MDCO
| $1.51M | 0.01% |
67,800
-800
| -1% | -$20.3K |
|
|
INVN
1391
DELISTED
Invensense Inc
INVN
| $1.51M | 0.01% |
76,600
-1,100
| -1% | -$25.9K |
|
|
RESI
1392
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.51M | 0.01% |
62,800
-1,000
| -2% | -$24.8K |
|
1393
Community Bank
CBU
$3.43B
| $1.5M | 0.01% |
44,800
-700
| -2% | -$24.8K |
|
1394
B2Gold
BTG
$6.7B
| $1.5M | 0.01% |
737,665
+58,265
| +9% | +$147K |
|
1395
Forward Air
FWRD
$682M
| $1.5M | 0.01% |
33,500
-400
| -1% | -$18.7K |
|
1396
Methode Electronics
MEI
$602M
| $1.5M | 0.01% |
40,700
+600
| +1% | +$21.3K |
|
|
WBMD
1397
DELISTED
WebMD Health Corp.
WBMD
| $1.5M | 0.01% |
35,777
-2,000
| -5% | -$96.5K |
|
1398
Dine Brands
DIN
$462M
| $1.49M | 0.01% |
18,300
-300
| -2% | -$24.4K |
|
|
VSI
1399
DELISTED
Vitamin Shoppe Inc.
VSI
| $1.49M | 0.01% |
33,600
| – | – |
|
|
MEAS
1400
DELISTED
MEASUREMENT SPECIALTIES INC
MEAS
| $1.49M | 0.01% |
17,400
-300
| -2% | -$25.7K |
|
Similar funds
Swiss National Bank's Q3 2014 Portfolio in Review
As of Q3 2014, Swiss National Bank held 2,547 positions worth $26.1B, down 3.5% from $27B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 1.3%. Swiss National Bank opened 15 new positions and exited 18, leaving the 2,547-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 14% a quarter earlier, followed by Technology and Energy.
- Swiss National Bank's largest Q3 2014 buy was Weatherford International plc: 735,946 shares worth $15.3M.
- Swiss National Bank added most to Allergan plc in Q3 2014, an estimated $18.3M increase.
- Swiss National Bank's biggest Q3 2014 reduction was Apple, cutting an estimated $23.7M.
- Swiss National Bank fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $23.5M.
- Swiss National Bank's ten largest holdings make up 14% of its $26.1B portfolio in Q3 2014.
- Swiss National Bank opened 15 new positions and closed 18 in Q3 2014.
- Swiss National Bank's portfolio value fell 3.5% quarter-over-quarter to $26.1B.
Based on Swiss National Bank's 13F filing for Q3 2014, filed 4 Nov 2014.