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 | |
|---|---|---|---|---|---|---|
1726
Diodes
DIOD
$4.68B
| $1.09M | ﹤0.01% |
51,100
+6,700
| +15% | +$144K |
|
|
ISCA
1727
DELISTED
International Speedway Corp
ISCA
| $1.09M | ﹤0.01% |
34,400
+4,500
| +15% | +$150K |
|
1728
Ameris Bancorp
ABCB
$6.01B
| $1.09M | ﹤0.01% |
37,900
+9,500
| +33% | +$258K |
|
1729
Albany International
AIN
$1.81B
| $1.09M | ﹤0.01% |
38,100
+4,900
| +15% | +$166K |
|
1730
Builders FirstSource
BLDR
$7.81B
| $1.09M | ﹤0.01% |
86,000
+24,300
| +39% | +$345K |
|
|
BSFT
1731
DELISTED
BroadSoft, Inc.
BSFT
| $1.09M | ﹤0.01% |
36,300
+4,200
| +13% | +$137K |
|
|
HTWR
1732
DELISTED
HEARTWARE INTERNATIONAL INC COM STK (DE)
HTWR
| $1.09M | ﹤0.01% |
20,800
+2,800
| +16% | +$213K |
|
|
IPHS
1733
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.09M | ﹤0.01% |
27,400
+3,400
| +14% | +$165K |
|
1734
Insperity
NSP
$1.98B
| $1.08M | ﹤0.01% |
49,400
+5,800
| +13% | +$138K |
|
|
ACET
1735
DELISTED
Aceto Corp
ACET
| $1.08M | ﹤0.01% |
39,400
+4,900
| +14% | +$122K |
|
1736
Greif
GEF
$4.97B
| $1.08M | ﹤0.01% |
33,800
+4,300
| +15% | +$140K |
|
1737
Veeco
VECO
$3.16B
| $1.08M | ﹤0.01% |
52,600
+7,200
| +16% | +$174K |
|
|
LDRH
1738
DELISTED
LDR HOLDINGS CORP COM STK
LDRH
| $1.08M | ﹤0.01% |
31,200
+8,400
| +37% | +$343K |
|
|
CRC
1739
DELISTED
California Resources Corporation
CRC
| $1.08M | ﹤0.01% |
41,428
+5,360
| +15% | +$210K |
|
|
NCI
1740
DELISTED
Navigant Consulting, Inc.
NCI
| $1.08M | ﹤0.01% |
67,600
+7,700
| +13% | +$118K |
|
|
PMC
1741
DELISTED
PharMerica Corporation
PMC
| $1.07M | ﹤0.01% |
37,700
+5,300
| +16% | +$178K |
|
|
CLDT
1742
Chatham Lodging
CLDT
$599M
| $1.07M | ﹤0.01% |
49,900
+6,500
| +15% | +$161K |
|
|
SNR
1743
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $1.07M | ﹤0.01% |
102,516
+14,100
| +16% | +$172K |
|
|
WIBC
1744
DELISTED
WILSHIRE BANCORP INC
WIBC
| $1.07M | ﹤0.01% |
102,000
+11,900
| +13% | +$135K |
|
|
CFNL
1745
DELISTED
Cardinal Financial Corp
CFNL
| $1.07M | ﹤0.01% |
46,400
+5,500
| +13% | +$125K |
|
1746
Saia
SAIA
$10.2B
| $1.06M | ﹤0.01% |
34,400
+4,200
| +14% | +$160K |
|
1747
Azenta
AZTA
$1.45B
| $1.06M | ﹤0.01% |
90,300
+12,000
| +15% | +$129K |
|
|
RESI
1748
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $1.05M | ﹤0.01% |
75,700
+10,000
| +15% | +$160K |
|
1749
Acco Brands
ACCO
$396M
| $1.05M | ﹤0.01% |
148,700
+18,100
| +14% | +$136K |
|
|
EIGI
1750
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $1.05M | ﹤0.01% |
78,600
+10,000
| +15% | +$172K |
|
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.