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 | |
|---|---|---|---|---|---|---|
|
SNBR
1651
DELISTED
Sleep Number
SNBR
| $1.62M | ﹤0.01% |
74,800
-6,600
| -8% | -$163K |
|
1652
The Greenbrier Companies
GBX
$1.42B
| $1.61M | ﹤0.01% |
45,700
-2,400
| -5% | -$78.5K |
|
|
ANAT
1653
DELISTED
American National Group, Inc. Common Stock
ANAT
| $1.61M | ﹤0.01% |
13,213
-500
| -4% | -$57.7K |
|
|
CVGW
1654
DELISTED
Calavo Growers
CVGW
| $1.61M | ﹤0.01% |
24,600
-900
| -4% | -$58.4K |
|
|
WSTC
1655
DELISTED
West Corporation
WSTC
| $1.61M | ﹤0.01% |
72,830
-2,900
| -4% | -$64.9K |
|
|
HF
1656
DELISTED
HFF Inc.
HF
| $1.61M | ﹤0.01% |
58,000
-2,100
| -3% | -$58.3K |
|
1657
Standard Motor Products
SMP
$870M
| $1.6M | ﹤0.01% |
33,600
-900
| -3% | -$39.2K |
|
|
FINL
1658
DELISTED
Finish Line
FINL
| $1.6M | ﹤0.01% |
69,500
-5,400
| -7% | -$122K |
|
|
SGYP
1659
DELISTED
Synergy Pharmaceuticals, Inc Common Stock
SGYP
| $1.6M | ﹤0.01% |
290,850
+117,500
| +68% | +$550K |
|
1660
Oxford Industries
OXM
$542M
| $1.6M | ﹤0.01% |
23,600
-800
| -3% | -$50.1K |
|
|
ACOR
1661
DELISTED
Acorda Therapeutics
ACOR
| $1.59M | ﹤0.01% |
635
-20
| -3% | -$59.7K |
|
1662
St. Joe Company
JOE
$3.89B
| $1.59M | ﹤0.01% |
86,400
-6,200
| -7% | -$115K |
|
1663
Nelnet
NNI
$4.55B
| $1.59M | ﹤0.01% |
39,300
-2,100
| -5% | -$78.3K |
|
|
GTLS
1664
DELISTED
Chart Industries
GTLS
| $1.59M | ﹤0.01% |
48,300
-1,800
| -4% | -$52.2K |
|
1665
PENN Entertainment
PENN
$2.53B
| $1.58M | ﹤0.01% |
116,400
| – | – |
|
|
RSTI
1666
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $1.58M | ﹤0.01% |
49,100
+3,400
| +7% | +$109K |
|
1667
CONMED
CNMD
$1.49B
| $1.57M | ﹤0.01% |
39,300
-2,600
| -6% | -$110K |
|
1668
Green Plains
GPRE
$1.09B
| $1.57M | ﹤0.01% |
60,000
-5,600
| -9% | -$131K |
|
|
GZT
1669
DELISTED
Gazit-globe Ltd
GZT
| $1.57M | ﹤0.01% |
153,517
-5,944
| -4% | -$59K |
|
|
XLRN
1670
DELISTED
Acceleron Pharma
XLRN
| $1.57M | ﹤0.01% |
43,300
-1,500
| -3% | -$49.7K |
|
1671
Advanced Drainage Systems
WMS
$11.3B
| $1.56M | ﹤0.01% |
65,000
-1,700
| -3% | -$43.3K |
|
1672
Supernus Pharmaceuticals
SUPN
$2.74B
| $1.56M | ﹤0.01% |
63,200
-1,800
| -3% | -$40.7K |
|
1673
Seaboard Corp
SEB
$4.08B
| $1.56M | ﹤0.01% |
454
-18
| -4% | -$56K |
|
|
CMBT
1674
CMB.TECH NV
CMBT
$4.92B
| $1.56M | ﹤0.01% |
204,192
-7,747
| -4% | -$67.7K |
|
|
BMCH
1675
DELISTED
BMC Stock Holdings, Inc
BMCH
| $1.55M | ﹤0.01% |
87,719
-3,400
| -4% | -$66.2K |
|
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.