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 | |
|---|---|---|---|---|---|---|
1551
Trex
TREX
$5.06B
| $1.39M | ﹤0.01% |
166,800
+22,000
| +15% | +$226K |
|
1552
Comfort Systems
FIX
$62.7B
| $1.39M | ﹤0.01% |
50,900
+6,300
| +14% | +$169K |
|
|
TUMI
1553
DELISTED
TUMI HLDGS INC COM
TUMI
| $1.39M | ﹤0.01% |
78,800
+9,700
| +14% | +$191K |
|
1554
Banner Corp
BANR
$2.51B
| $1.38M | ﹤0.01% |
28,900
+3,900
| +16% | +$181K |
|
1555
Advanced Drainage Systems
WMS
$11.3B
| $1.38M | ﹤0.01% |
47,700
+6,000
| +14% | +$174K |
|
1556
Red Robin
RRGB
$192M
| $1.38M | ﹤0.01% |
18,200
+2,400
| +15% | +$202K |
|
|
CSGS
1557
DELISTED
CSG Systems International
CSGS
| $1.38M | ﹤0.01% |
44,700
+4,900
| +12% | +$152K |
|
1558
HealthEquity
HQY
$8.82B
| $1.38M | ﹤0.01% |
46,600
+8,900
| +24% | +$280K |
|
|
SEM
1559
DELISTED
Select Medical
SEM
| $1.38M | ﹤0.01% |
236,640
+28,397
| +14% | +$211K |
|
1560
Advanced Energy
AEIS
$13.2B
| $1.38M | ﹤0.01% |
52,300
+6,700
| +15% | +$173K |
|
1561
Boise Cascade
BCC
$2.91B
| $1.37M | ﹤0.01% |
54,500
+6,700
| +14% | +$214K |
|
1562
S&T Bancorp
STBA
$1.81B
| $1.37M | ﹤0.01% |
42,100
+8,400
| +25% | +$257K |
|
1563
Universal Corp
UVV
$1.12B
| $1.37M | ﹤0.01% |
27,700
+3,500
| +14% | +$184K |
|
|
ARIA
1564
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $1.37M | ﹤0.01% |
235,000
+31,100
| +15% | +$240K |
|
1565
Standex International
SXI
$3.99B
| $1.37M | ﹤0.01% |
18,200
+2,200
| +14% | +$168K |
|
1566
Celldex Therapeutics
CLDX
$3.23B
| $1.37M | ﹤0.01% |
8,667
+1,200
| +16% | +$340K |
|
1567
WesBanco
WSBC
$4.1B
| $1.37M | ﹤0.01% |
43,500
+5,700
| +15% | +$185K |
|
|
DPLO
1568
DELISTED
DIPLOMAT PHARMACY, INC.
DPLO
| $1.37M | ﹤0.01% |
47,600
+9,100
| +24% | +$389K |
|
|
DRII
1569
DELISTED
DIAMOND RESORTS INTL, INC
DRII
| $1.37M | ﹤0.01% |
58,500
+7,600
| +15% | +$210K |
|
|
KYNB
1570
Kyntra Bio
KYNB
$28.8M
| $1.37M | ﹤0.01% |
2,492
+2,084
| +511% | +$1.26M |
|
|
SYNH
1571
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $1.36M | ﹤0.01% |
34,108
+18,208
| +115% | +$795K |
|
|
AMED
1572
DELISTED
Amedisys
AMED
| $1.36M | ﹤0.01% |
35,900
+4,400
| +14% | +$186K |
|
1573
Crocs
CROX
$6.28B
| $1.36M | ﹤0.01% |
105,400
+11,500
| +12% | +$167K |
|
1574
Mativ Holdings
MATV
$662M
| $1.36M | ﹤0.01% |
39,600
+5,100
| +15% | +$186K |
|
|
OMG
1575
DELISTED
OM GROUP INC.
OMG
| $1.36M | ﹤0.01% |
41,300
+4,700
| +13% | +$158K |
|
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.