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 |
Fortive
FTV
|
+$43.6M |
| 2 |
Johnson Controls International
JCI
|
+$41.3M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$35.6M |
| 4 |
Telus
TU
|
+$34.2M |
| 5 |
Dell
DELL
|
+$30M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$170M |
| 2 |
Annaly Capital Management
NLY
|
+$81.7M |
| 3 |
Thomson Reuters
TRI
|
+$78.4M |
| 4 |
AGNC Investment
AGNC
|
+$53.4M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$50.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.52% |
| 2 | Healthcare | 14.8% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.15% |
| 5 | Consumer Staples | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1526
Standex International
SXI
$3.97B
| $1.97M | ﹤0.01% |
21,200
-1,300
| -6% | -$114K |
|
1527
Universal Corp
UVV
$1.12B
| $1.97M | ﹤0.01% |
33,800
-1,000
| -3% | -$59K |
|
|
ISEE
1528
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $1.97M | ﹤0.01% |
42,622
+534
| +1% | +$30.1K |
|
1529
Aaon
AAON
$7.23B
| $1.96M | ﹤0.01% |
101,775
-3,750
| -4% | -$69K |
|
|
AMWD
1530
DELISTED
American Woodmark
AMWD
| $1.95M | ﹤0.01% |
24,200
-900
| -4% | -$70.3K |
|
1531
Dave & Buster's
PLAY
$370M
| $1.95M | ﹤0.01% |
49,773
-1,600
| -3% | -$70.8K |
|
1532
Albany International
AIN
$1.82B
| $1.95M | ﹤0.01% |
46,000
-1,600
| -3% | -$67.3K |
|
1533
Insight Enterprises
NSIT
$4.6B
| $1.94M | ﹤0.01% |
59,700
-2,800
| -4% | -$82.3K |
|
|
DO
1534
DELISTED
Diamond Offshore Drilling
DO
| $1.94M | ﹤0.01% |
109,953
-3,400
| -3% | -$68.2K |
|
|
AYR
1535
DELISTED
Aircastle Ltd
AYR
| $1.93M | ﹤0.01% |
97,400
-5,100
| -5% | -$107K |
|
|
PLKI
1536
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $1.93M | ﹤0.01% |
36,400
-2,100
| -5% | -$117K |
|
1537
Park National Corp
PRK
$3.75B
| $1.93M | ﹤0.01% |
20,100
-700
| -3% | -$65.3K |
|
1538
Otter Tail
OTTR
$3.9B
| $1.93M | ﹤0.01% |
55,700
-1,300
| -2% | -$44.9K |
|
1539
Shutterstock
SSTK
$217M
| $1.92M | ﹤0.01% |
30,200
-1,200
| -4% | -$69K |
|
|
SCS
1540
DELISTED
Steelcase
SCS
| $1.92M | ﹤0.01% |
138,400
-7,700
| -5% | -$110K |
|
1541
SPS Commerce
SPSC
$2.86B
| $1.92M | ﹤0.01% |
52,200
-2,200
| -4% | -$72.3K |
|
1542
Terreno Realty
TRNO
$7.5B
| $1.91M | ﹤0.01% |
69,500
-2,000
| -3% | -$53.6K |
|
|
CLVS
1543
DELISTED
Clovis Oncology, Inc.
CLVS
| $1.91M | ﹤0.01% |
53,050
-2,000
| -4% | -$42.9K |
|
1544
Four Corners Property Trust
FCPT
$2.76B
| $1.91M | ﹤0.01% |
89,607
-3,400
| -4% | -$71.6K |
|
1545
WisdomTree
WT
$3.44B
| $1.91M | ﹤0.01% |
185,700
-8,300
| -4% | -$86.5K |
|
1546
ESCO Technologies
ESE
$7.79B
| $1.91M | ﹤0.01% |
41,100
-1,600
| -4% | -$70.5K |
|
|
INN
1547
Summit Hotel Properties
INN
$656M
| $1.9M | ﹤0.01% |
144,500
-8,200
| -5% | -$114K |
|
|
MDR
1548
DELISTED
McDermott International
MDR
| $1.9M | ﹤0.01% |
126,567
-3,366
| -3% | -$50.3K |
|
|
BNCL
1549
DELISTED
Beneficial Bancorp, Inc.
BNCL
| $1.9M | ﹤0.01% |
129,154
-15,900
| -11% | -$225K |
|
1550
Fossil Group
FOSL
$330M
| $1.9M | ﹤0.01% |
68,341
-1,900
| -3% | -$56.1K |
|
Similar funds
Swiss National Bank's Q3 2016 Portfolio in Review
As of Q3 2016, Swiss National Bank held 2,590 positions worth $62.4B, up 0.99% from $61.8B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 2.4%. Swiss National Bank opened 9 new positions and exited 54, leaving the 2,590-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q3 2016 buy was Fortive: 1,359,115 shares worth $43.6M.
- Swiss National Bank added most to Johnson Controls International in Q3 2016, an estimated $41.3M increase.
- Swiss National Bank's biggest Q3 2016 reduction was Danaher, cutting an estimated $45.6M.
- Swiss National Bank fully exited EMC CORPORATION in Q3 2016, selling an estimated $170M.
- Swiss National Bank's ten largest holdings make up 16% of its $62.4B portfolio in Q3 2016.
- Swiss National Bank opened 9 new positions and closed 54 in Q3 2016.
- Swiss National Bank's portfolio value rose 0.99% quarter-over-quarter to $62.4B.
Based on Swiss National Bank's 13F filing for Q3 2016, filed 7 Nov 2016.