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 | |
|---|---|---|---|---|---|---|
|
SNBR
1551
DELISTED
Sleep Number
SNBR
| $1.21M | ﹤0.01% |
57,700
-2,300
| -4% | -$48.5K |
|
1552
Encore Capital Group
ECPG
$2.15B
| $1.21M | ﹤0.01% |
27,200
| – | – |
|
|
NPKI
1553
NPK International
NPKI
$1.18B
| $1.2M | ﹤0.01% |
96,700
-4,100
| -4% | -$50.5K |
|
|
ABAX
1554
DELISTED
Abaxis Inc
ABAX
| $1.2M | ﹤0.01% |
23,600
| – | – |
|
1555
Integer Holdings
ITGR
$4.25B
| $1.19M | ﹤0.01% |
30,716
| – | – |
|
1556
Kulicke & Soffa
KLIC
$5.01B
| $1.19M | ﹤0.01% |
83,700
-1,200
| -1% | -$17.2K |
|
1557
AZZ Inc
AZZ
$4.52B
| $1.19M | ﹤0.01% |
28,500
-500
| -2% | -$22.8K |
|
|
WAIR
1558
DELISTED
WESCO Aircraft Holdings Inc.
WAIR
| $1.19M | ﹤0.01% |
68,400
-1,700
| -2% | -$31.6K |
|
|
TUMI
1559
DELISTED
TUMI HLDGS INC COM
TUMI
| $1.19M | ﹤0.01% |
58,400
+4,700
| +9% | +$99.7K |
|
1560
Trex
TREX
$5.1B
| $1.19M | ﹤0.01% |
137,200
-2,400
| -2% | -$20.1K |
|
|
DO
1561
DELISTED
Diamond Offshore Drilling
DO
| $1.19M | ﹤0.01% |
34,569
| – | – |
|
|
EPAY
1562
DELISTED
Bottomline Technologies Inc
EPAY
| $1.18M | ﹤0.01% |
42,900
| – | – |
|
|
KKD
1563
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $1.18M | ﹤0.01% |
69,000
-1,800
| -3% | -$29.5K |
|
1564
STAG Industrial
STAG
$7.12B
| $1.18M | ﹤0.01% |
57,100
+6,700
| +13% | +$154K |
|
|
PDLI
1565
DELISTED
PDL BioPharma, Inc.
PDLI
| $1.18M | ﹤0.01% |
158,300
-2,900
| -2% | -$26.9K |
|
|
HOS
1566
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $1.18M | ﹤0.01% |
36,100
-700
| -2% | -$29.1K |
|
|
GK
1567
DELISTED
G&K Services Inc
GK
| $1.18M | ﹤0.01% |
21,300
-300
| -1% | -$15.9K |
|
|
CIR
1568
DELISTED
CIRCOR International, Inc
CIR
| $1.18M | ﹤0.01% |
17,500
-300
| -2% | -$21.5K |
|
1569
Dycom Industries
DY
$12.3B
| $1.18M | ﹤0.01% |
38,300
-600
| -2% | -$18.3K |
|
|
TBI
1570
Trueblue
TBI
$309M
| $1.18M | ﹤0.01% |
46,500
-700
| -1% | -$19.4K |
|
1571
CONMED
CNMD
$1.49B
| $1.17M | ﹤0.01% |
31,800
-900
| -3% | -$35.7K |
|
|
HIBB
1572
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.17M | ﹤0.01% |
27,500
-700
| -2% | -$33.4K |
|
|
PEGI
1573
DELISTED
Pattern Energy Group Inc. Class A
PEGI
| $1.17M | ﹤0.01% |
37,800
-600
| -2% | -$19.1K |
|
|
PIR
1574
DELISTED
Pier 1 Imports, Inc.
PIR
| $1.17M | ﹤0.01% |
4,915
-420
| -8% | -$126K |
|
1575
Lindsay Corp
LNN
$1.17B
| $1.17M | ﹤0.01% |
15,600
-400
| -3% | -$31.6K |
|
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.