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
|
+$411M |
| 2 |
Microsoft
MSFT
|
+$309M |
| 3 |
ExxonMobil
XOM
|
+$258M |
| 4 |
Johnson & Johnson
JNJ
|
+$221M |
| 5 |
GE Aerospace
GE
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
+$54.7M |
| 4 |
Stellantis
STLA
|
+$25.2M |
| 5 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
+$20M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.83% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.31% |
| 5 | Industrials | 10.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
Team
TISI
$101M
| $1.33M | ﹤0.01% |
4,526
+1,906
| +73% | +$489K |
|
1727
Boise Cascade
BCC
$2.94B
| $1.33M | ﹤0.01% |
66,200
+11,700
| +21% | +$220K |
|
1728
MiMedx Group
MDXG
$612M
| $1.32M | ﹤0.01% |
156,500
+28,000
| +22% | +$233K |
|
1729
Greif
GEF
$5.03B
| $1.31M | ﹤0.01% |
41,600
+7,800
| +23% | +$215K |
|
|
PVG
1730
DELISTED
PRETIUM RESOURCES INC.
PVG
| $1.31M | ﹤0.01% |
251,248
+107,998
| +75% | +$533K |
|
1731
Upbound Group
UPBD
$1.15B
| $1.31M | ﹤0.01% |
85,700
+16,000
| +23% | +$213K |
|
|
MTGE
1732
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $1.31M | ﹤0.01% |
92,200
+15,200
| +20% | +$208K |
|
1733
Andersons Inc
ANDE
$2.21B
| $1.31M | ﹤0.01% |
43,150
+8,300
| +24% | +$236K |
|
1734
Kosmos Energy
KOS
$1.51B
| $1.3M | ﹤0.01% |
231,500
+63,500
| +38% | +$300K |
|
|
ERF
1735
DELISTED
Enerplus Corporation
ERF
| $1.3M | ﹤0.01% |
341,700
+70,900
| +26% | +$220K |
|
|
CVGW
1736
DELISTED
Calavo Growers
CVGW
| $1.3M | ﹤0.01% |
23,600
+4,400
| +23% | +$228K |
|
1737
Forum Energy Technologies
FET
$927M
| $1.3M | ﹤0.01% |
5,101
+960
| +23% | +$215K |
|
|
JOYY
1738
JOYY Inc
JOYY
$3.64B
| $1.3M | ﹤0.01% |
21,115
+6,315
| +43% | +$356K |
|
1739
AAR Corp
AIR
$5.77B
| $1.3M | ﹤0.01% |
57,700
+10,100
| +21% | +$219K |
|
1740
Kulicke & Soffa
KLIC
$5.01B
| $1.3M | ﹤0.01% |
118,600
+21,500
| +22% | +$234K |
|
1741
S&T Bancorp
STBA
$1.82B
| $1.29M | ﹤0.01% |
52,100
+10,000
| +24% | +$262K |
|
1742
Ethan Allen Interiors
ETD
$583M
| $1.29M | ﹤0.01% |
42,100
+7,800
| +23% | +$218K |
|
1743
Orthofix Medical
OFIX
$415M
| $1.29M | ﹤0.01% |
32,200
+5,700
| +22% | +$223K |
|
1744
Merit Medical Systems
MMSI
$5.4B
| $1.29M | ﹤0.01% |
72,200
+12,700
| +21% | +$220K |
|
|
RKUS
1745
DELISTED
RUCKUS WIRELESS INC COM STK (DE)
RKUS
| $1.29M | ﹤0.01% |
136,300
+29,600
| +28% | +$274K |
|
|
IMGN
1746
DELISTED
Immunogen Inc
IMGN
| $1.29M | ﹤0.01% |
156,100
+26,400
| +20% | +$223K |
|
|
PRFT
1747
DELISTED
Perficient Inc
PRFT
| $1.29M | ﹤0.01% |
61,300
+10,700
| +21% | +$198K |
|
|
USCR
1748
DELISTED
U S Concrete, Inc.
USCR
| $1.29M | ﹤0.01% |
22,400
+4,200
| +23% | +$214K |
|
|
MITL
1749
DELISTED
Mitel Networks Corporation
MITL
| $1.29M | ﹤0.01% |
162,900
+29,100
| +22% | +$206K |
|
1750
Virtu Financial
VIRT
$5.05B
| $1.29M | ﹤0.01% |
60,100
+10,300
| +21% | +$228K |
|
Similar funds
Swiss National Bank's Q1 2016 Portfolio in Review
As of Q1 2016, Swiss National Bank held 2,649 positions worth $54.5B, up 32% from $41.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $13.6B of net new capital in Q1 2016, opening 6 new positions and adding to 2,585 existing holdings. Its largest new stake was Ferrari: 823,472 shares worth $32.9M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Stellantis, an estimated $25.2M trimmed.
- Swiss National Bank's largest Q1 2016 buy was Ferrari: 823,472 shares worth $32.9M.
- Swiss National Bank added most to Apple in Q1 2016, an estimated $411M increase.
- Swiss National Bank's biggest Q1 2016 reduction was Stellantis, cutting an estimated $25.2M.
- Swiss National Bank fully exited BROADCOM CORP CL-A in Q1 2016, selling an estimated $58.7M.
- Swiss National Bank's ten largest holdings make up 15% of its $54.5B portfolio in Q1 2016.
- Swiss National Bank opened 6 new positions and closed 38 in Q1 2016.
- Swiss National Bank's portfolio value rose 32% quarter-over-quarter to $54.5B.
Based on Swiss National Bank's 13F filing for Q1 2016, filed 4 May 2016.