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 | |
|---|---|---|---|---|---|---|
|
EGOV
1576
DELISTED
NIC Inc
EGOV
| $1.17M | ﹤0.01% |
67,700
-1,200
| -2% | -$21.2K |
|
1577
Standex International
SXI
$3.97B
| $1.16M | ﹤0.01% |
15,600
| – | – |
|
|
RCPT
1578
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $1.16M | ﹤0.01% |
18,600
| – | – |
|
1579
Brady Corp
BRC
$4.43B
| $1.15M | ﹤0.01% |
51,400
-2,000
| -4% | -$52.4K |
|
1580
Interface
TILE
$2.24B
| $1.15M | ﹤0.01% |
71,300
-1,400
| -2% | -$24.1K |
|
|
PFPT
1581
DELISTED
Proofpoint, Inc.
PFPT
| $1.15M | ﹤0.01% |
31,000
| – | – |
|
1582
Green Plains
GPRE
$1.09B
| $1.15M | ﹤0.01% |
30,700
-600
| -2% | -$24K |
|
|
TPC
1583
Tutor Perini Cor
TPC
$4.98B
| $1.15M | ﹤0.01% |
43,500
-600
| -1% | -$17.5K |
|
1584
Children's Place
PLCE
$53.4M
| $1.14M | ﹤0.01% |
24,000
-800
| -3% | -$40.5K |
|
1585
La-Z-Boy
LZB
$1.67B
| $1.14M | ﹤0.01% |
57,700
-1,300
| -2% | -$28.2K |
|
|
AEC
1586
DELISTED
ASSOCIATED ESTATES REALTY CORP
AEC
| $1.14M | ﹤0.01% |
65,200
| – | – |
|
1587
Atlantic Union Bankshares
AUB
$6.09B
| $1.14M | ﹤0.01% |
49,358
-1,700
| -3% | -$41.1K |
|
|
SHLM
1588
DELISTED
Schulman (A.) Inc
SHLM
| $1.14M | ﹤0.01% |
31,500
-600
| -2% | -$23.7K |
|
|
UTIW
1589
DELISTED
UTI WORLDWIDE INC
UTIW
| $1.14M | ﹤0.01% |
106,800
| – | – |
|
1590
Burlington
BURL
$22.4B
| $1.13M | ﹤0.01% |
28,400
-500
| -2% | -$17.3K |
|
|
CUB
1591
DELISTED
Cubic Corporation
CUB
| $1.13M | ﹤0.01% |
24,100
-400
| -2% | -$17.9K |
|
1592
Comscore
SCOR
$91.6M
| $1.13M | ﹤0.01% |
1,545
-25
| -2% | -$18.9K |
|
1593
Primoris Services
PRIM
$4.35B
| $1.12M | ﹤0.01% |
41,800
-600
| -1% | -$16.4K |
|
|
CCC
1594
DELISTED
Calgon Carbon Corp
CCC
| $1.12M | ﹤0.01% |
57,900
-1,100
| -2% | -$23.5K |
|
1595
Greenlight Captial
GLRE
$512M
| $1.12M | ﹤0.01% |
34,500
-500
| -1% | -$16.8K |
|
|
HF
1596
DELISTED
HFF Inc.
HF
| $1.12M | ﹤0.01% |
38,600
| – | – |
|
1597
First Majestic Silver
AG
$9.26B
| $1.11M | ﹤0.01% |
142,700
-1,900
| -1% | -$18.8K |
|
|
HK
1598
DELISTED
Halcon Resources Corporation
HK
| $1.11M | ﹤0.01% |
1,627
-21
| -1% | -$20.5K |
|
|
BPFH
1599
DELISTED
Boston Private Financial Holdings, Inc.
BPFH
| $1.11M | ﹤0.01% |
89,400
-1,400
| -2% | -$17.7K |
|
1600
Alamos Gold
AGI
$13.8B
| $1.11M | ﹤0.01% |
138,600
-2,900
| -2% | -$26.7K |
|
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 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.