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 | 13.81% |
| 2 | Technology | 13.76% |
| 3 | Energy | 11.48% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OUTR
1526
DELISTED
OUTERWALL INC
OUTR
| $1.25M | ﹤0.01% |
22,350
-500
| -2% | -$29K |
|
|
EXAM
1527
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $1.25M | ﹤0.01% |
38,200
-1,100
| -3% | -$36.1K |
|
1528
Celldex Therapeutics
CLDX
$3.35B
| $1.25M | ﹤0.01% |
6,407
-113
| -2% | -$24.6K |
|
1529
Unisys
UIS
$210M
| $1.25M | ﹤0.01% |
53,200
-900
| -2% | -$20.7K |
|
1530
California Water Service
CWT
$3.1B
| $1.24M | ﹤0.01% |
55,400
-1,000
| -2% | -$23.5K |
|
|
MTOR
1531
DELISTED
MERITOR, Inc.
MTOR
| $1.24M | ﹤0.01% |
114,600
-1,900
| -2% | -$24.7K |
|
1532
Hope Bancorp
HOPE
$1.85B
| $1.24M | ﹤0.01% |
85,000
-1,500
| -2% | -$22.6K |
|
|
SPNC
1533
DELISTED
Spectranetics Corp
SPNC
| $1.24M | ﹤0.01% |
46,600
| – | – |
|
1534
Amkor Technology
AMKR
$14.3B
| $1.23M | ﹤0.01% |
146,700
+20,800
| +17% | +$206K |
|
|
AF
1535
DELISTED
Astoria Financial Corporation
AF
| $1.23M | ﹤0.01% |
99,600
-1,600
| -2% | -$20.9K |
|
1536
Brink's
BCO
$4.72B
| $1.23M | ﹤0.01% |
51,200
-1,000
| -2% | -$26.8K |
|
|
BBG
1537
DELISTED
Bill Barrett Corp
BBG
| $1.23M | ﹤0.01% |
55,800
| – | – |
|
1538
Tennant Co
TNC
$1.15B
| $1.23M | ﹤0.01% |
18,300
-500
| -3% | -$35.9K |
|
1539
TriMas Corp
TRS
$1.39B
| $1.23M | ﹤0.01% |
63,252
-1,130
| -2% | -$29.3K |
|
1540
IAMGOLD
IAG
$10.1B
| $1.22M | ﹤0.01% |
441,400
+35,300
| +9% | +$130K |
|
|
GZT
1541
DELISTED
Gazit-globe Ltd
GZT
| $1.22M | ﹤0.01% |
98,270
| – | – |
|
1542
Greif
GEF
$5.03B
| $1.22M | ﹤0.01% |
27,900
-700
| -2% | -$35K |
|
|
MGAM
1543
DELISTED
MULTIMEDIA GAMES HOLDING COMPANY INC COM STK (TX)
MGAM
| $1.22M | ﹤0.01% |
33,900
-700
| -2% | -$21.1K |
|
1544
Crocs
CROX
$6.36B
| $1.22M | ﹤0.01% |
96,800
+10,700
| +12% | +$160K |
|
|
TYPE
1545
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $1.22M | ﹤0.01% |
43,000
| – | – |
|
|
AYR
1546
DELISTED
Aircastle Ltd
AYR
| $1.22M | ﹤0.01% |
74,400
-1,200
| -2% | -$21.8K |
|
|
BEL
1547
DELISTED
Belmond Ltd.
BEL
| $1.22M | ﹤0.01% |
104,300
-1,900
| -2% | -$24.6K |
|
|
FCH
1548
DELISTED
Felcor Lodging Trust
FCH
| $1.21M | ﹤0.01% |
129,600
-2,600
| -2% | -$26.5K |
|
|
SAFE
1549
Safehold
SAFE
$1.1B
| $1.21M | ﹤0.01% |
18,449
-349
| -2% | -$24.7K |
|
|
CAA
1550
DELISTED
CalAtlantic Group, Inc.
CAA
| $1.21M | ﹤0.01% |
32,320
-620
| -2% | -$24.9K |
|
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 13% 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.