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 | |
|---|---|---|---|---|---|---|
|
WIBC
1776
DELISTED
WILSHIRE BANCORP INC
WIBC
| $1.23M | ﹤0.01% |
123,500
+21,500
| +21% | +$221K |
|
|
ANK
1777
DELISTED
ATLANTIC TELE-NETWORK,INC
ANK
| $1.23M | ﹤0.01% |
16,800
+3,100
| +23% | +$227K |
|
|
NFBK
1778
DELISTED
Northfield Bancorp
NFBK
| $1.23M | ﹤0.01% |
77,000
+12,400
| +19% | +$193K |
|
|
CBPX
1779
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $1.23M | ﹤0.01% |
68,400
+17,600
| +35% | +$286K |
|
|
BNCN
1780
DELISTED
BNC Bancorp
BNCN
| $1.23M | ﹤0.01% |
60,100
+11,000
| +22% | +$237K |
|
1781
Gray Television
GTN
$520M
| $1.22M | ﹤0.01% |
108,000
+19,000
| +21% | +$234K |
|
|
AEGN
1782
DELISTED
Aegion Corp
AEGN
| $1.22M | ﹤0.01% |
60,100
+11,000
| +22% | +$206K |
|
|
BBT
1783
Beacon Financial Corp
BBT
$2.71B
| $1.22M | ﹤0.01% |
47,100
+9,000
| +24% | +$240K |
|
1784
Coca-Cola Consolidated
COKE
$12.7B
| $1.21M | ﹤0.01% |
78,650
+17,000
| +28% | +$289K |
|
1785
Allegiant Air
ALGT
$2.36B
| $1.21M | ﹤0.01% |
7,028
+1,300
| +23% | +$212K |
|
|
WIRE
1786
DELISTED
Encore Wire Corp
WIRE
| $1.21M | ﹤0.01% |
32,133
+8,333
| +35% | +$302K |
|
|
BKI
1787
DELISTED
Black Knight, Inc. Common Stock
BKI
| $1.21M | ﹤0.01% |
40,200
+7,200
| +22% | +$211K |
|
|
CCC
1788
DELISTED
Calgon Carbon Corp
CCC
| $1.21M | ﹤0.01% |
89,000
+15,500
| +21% | +$236K |
|
|
LMNX
1789
DELISTED
Luminex Corp
LMNX
| $1.21M | ﹤0.01% |
64,300
+11,700
| +22% | +$223K |
|
|
TLRD
1790
DELISTED
Tailored Brands, Inc.
TLRD
| $1.2M | ﹤0.01% |
+69,400
| New | +$1.07M |
|
1791
Advanced Drainage Systems
WMS
$11.3B
| $1.2M | ﹤0.01% |
58,200
+10,500
| +22% | +$216K |
|
|
KG
1792
Kestrel Group
KG
$60.5M
| $1.2M | ﹤0.01% |
4,780
+835
| +21% | +$217K |
|
1793
Agree Realty
ADC
$9.34B
| $1.19M | ﹤0.01% |
32,082
+10,182
| +46% | +$370K |
|
1794
Gran Tierra Energy
GTE
$336M
| $1.19M | ﹤0.01% |
49,840
+8,570
| +21% | +$199K |
|
1795
LendingTree
TREE
$461M
| $1.19M | ﹤0.01% |
12,550
+2,250
| +22% | +$176K |
|
1796
Helios Technologies
HLIO
$2.67B
| $1.19M | ﹤0.01% |
37,100
+6,900
| +23% | +$203K |
|
1797
Lakeland Financial Corp
LKFN
$1.56B
| $1.19M | ﹤0.01% |
40,350
+7,500
| +23% | +$217K |
|
|
OUTR
1798
DELISTED
OUTERWALL INC
OUTR
| $1.19M | ﹤0.01% |
33,150
+5,800
| +21% | +$191K |
|
1799
Crocs
CROX
$6.36B
| $1.19M | ﹤0.01% |
127,700
+22,300
| +21% | +$208K |
|
1800
Hanmi Financial
HAFC
$963M
| $1.19M | ﹤0.01% |
55,700
+9,600
| +21% | +$205K |
|
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.