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 |
Alibaba
BABA
|
+$221M |
| 2 |
Fidelity National Information Services
FIS
|
+$129M |
| 3 |
Global Payments
GPN
|
+$77.2M |
| 4 |
L3Harris
LHX
|
+$70.9M |
| 5 |
FISV
Fiserv Inc
FISV
|
+$41.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
WP
Worldpay, Inc.
WP
|
+$123M |
| 2 |
RHT
Red Hat Inc
RHT
|
+$118M |
| 3 |
APC
Anadarko Petroleum
APC
|
+$115M |
| 4 |
TSS
Total System Services, Inc.
TSS
|
+$70.3M |
| 5 |
LLL
L3 Technologies, Inc.
LLL
|
+$63.4M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 20.35% |
| 2 | Healthcare | 14% |
| 3 | Consumer Discretionary | 12.02% |
| 4 | Communication Services | 10.18% |
| 5 | Industrials | 9.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HTZ
1601
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $2.21M | ﹤0.01% |
159,790
+66,151
| +71% | +$932K |
|
|
BRKL
1602
DELISTED
Brookline Bancorp
BRKL
| $2.21M | ﹤0.01% |
150,000
+1,600
| +1% | +$23.2K |
|
|
MCRN
1603
DELISTED
Milacron Holdings Corp.
MCRN
| $2.21M | ﹤0.01% |
132,500
+1,300
| +1% | +$20.9K |
|
|
DLPH
1604
DELISTED
Delphi Technologies PLC Ordinary Shares
DLPH
| $2.21M | ﹤0.01% |
164,690
| – | – |
|
|
WIRE
1605
DELISTED
Encore Wire Corp
WIRE
| $2.2M | ﹤0.01% |
39,133
+300
| +0.8% | +$16.6K |
|
|
OSB
1606
DELISTED
Norbord Inc.
OSB
| $2.2M | ﹤0.01% |
91,828
| – | – |
|
1607
Regenxbio
RGNX
$704M
| $2.2M | ﹤0.01% |
61,800
+900
| +1% | +$36.5K |
|
1608
Central Garden & Pet Co Class A
CENTA
$2.41B
| $2.2M | ﹤0.01% |
99,125
+1,625
| +2% | +$32.3K |
|
1609
Helios Technologies
HLIO
$2.67B
| $2.19M | ﹤0.01% |
54,000
+500
| +0.9% | +$21.8K |
|
|
ATRI
1610
DELISTED
Atrion Corp
ATRI
| $2.18M | ﹤0.01% |
2,802
+100
| +4% | +$77.6K |
|
|
FBC
1611
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $2.18M | ﹤0.01% |
58,300
+500
| +0.9% | +$17.6K |
|
1612
Pathward Financial
CASH
$1.79B
| $2.17M | ﹤0.01% |
66,600
+600
| +0.9% | +$18.1K |
|
1613
Winnebago Industries
WGO
$921M
| $2.17M | ﹤0.01% |
56,600
| – | – |
|
1614
Mativ Holdings
MATV
$667M
| $2.17M | ﹤0.01% |
57,900
+700
| +1% | +$24.1K |
|
1615
AeroVironment
AVAV
$9.59B
| $2.16M | ﹤0.01% |
40,400
+300
| +0.7% | +$16.5K |
|
|
ZUO
1616
DELISTED
Zuora, Inc.
ZUO
| $2.16M | ﹤0.01% |
143,300
+20,700
| +17% | +$312K |
|
|
TERP
1617
DELISTED
TerraForm Power, Inc
TERP
| $2.15M | ﹤0.01% |
117,891
+1,200
| +1% | +$19.4K |
|
|
TGI
1618
DELISTED
Triumph Group
TGI
| $2.15M | ﹤0.01% |
93,800
+1,000
| +1% | +$22.9K |
|
1619
Scholastic
SCHL
$784M
| $2.15M | ﹤0.01% |
56,800
+600
| +1% | +$21.1K |
|
1620
Helix Energy Solutions
HLX
$1.49B
| $2.14M | ﹤0.01% |
265,600
+2,600
| +1% | +$21K |
|
|
SRCI
1621
DELISTED
SRC Energy Inc
SRCI
| $2.13M | ﹤0.01% |
457,228
+4,600
| +1% | +$20.8K |
|
1622
AZZ Inc
AZZ
$4.52B
| $2.13M | ﹤0.01% |
48,900
+400
| +0.8% | +$17.5K |
|
|
AVYA
1623
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $2.13M | ﹤0.01% |
207,900
+2,000
| +1% | +$23.5K |
|
|
RDUS
1624
DELISTED
Radius Health, Inc.
RDUS
| $2.12M | ﹤0.01% |
82,200
+1,700
| +2% | +$41.7K |
|
1625
OFG Bancorp
OFG
$2.26B
| $2.11M | ﹤0.01% |
96,500
+1,000
| +1% | +$22K |
|
Similar funds
Swiss National Bank's Q3 2019 Portfolio in Review
As of Q3 2019, Swiss National Bank held 2,556 positions worth $94.1B, up 1.5% from $92.7B the previous quarter. Its ten largest holdings account for 19% of the portfolio.
Trading was light in Q3 2019: portfolio turnover was 1.5%. Swiss National Bank opened 2 new positions and exited 36, leaving the 2,556-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q3 2019 buy was Valaris plc Class A Ordinary Share: 369,509 shares worth $1.78M.
- Swiss National Bank added most to Alibaba in Q3 2019, an estimated $221M increase.
- Swiss National Bank's biggest Q3 2019 reduction was Apple, cutting an estimated $39.3M.
- Swiss National Bank fully exited Worldpay, Inc. in Q3 2019, selling an estimated $123M.
- Swiss National Bank's ten largest holdings make up 19% of its $94.1B portfolio in Q3 2019.
- Swiss National Bank opened 2 new positions and closed 36 in Q3 2019.
- Swiss National Bank's portfolio value rose 1.5% quarter-over-quarter to $94.1B.
Based on Swiss National Bank's 13F filing for Q3 2019, filed 12 Nov 2019.