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
|
+$370M |
| 2 |
Amazon
AMZN
|
+$349M |
| 3 |
Microsoft
MSFT
|
+$336M |
| 4 |
Meta Platforms (Facebook)
META
|
+$181M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.07B |
| 2 |
Newmont
NEM
|
+$149M |
| 3 |
Waste Management
WM
|
+$122M |
| 4 |
McDonald's
MCD
|
+$113M |
| 5 |
Eli Lilly
LLY
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.33% |
| 2 | Healthcare | 14.29% |
| 3 | Consumer Discretionary | 13.28% |
| 4 | Communication Services | 11.64% |
| 5 | Industrials | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1776
Ichor Holdings
ICHR
$2.66B
| $3.31M | ﹤0.01% |
61,500
-900
| -1% | -$49.6K |
|
1777
The RealReal
REAL
$1.39B
| $3.31M | ﹤0.01% |
167,300
+116,700
| +231% | +$2.38M |
|
1778
Ameresco
AMRC
$1.48B
| $3.31M | ﹤0.01% |
52,700
+4,900
| +10% | +$264K |
|
1779
Laureate Education
LAUR
$5.18B
| $3.29M | ﹤0.01% |
226,500
-5,100
| -2% | -$72.1K |
|
1780
Revolution Medicines
RVMD
$43.7B
| $3.28M | ﹤0.01% |
103,400
+57,900
| +127% | +$2.02M |
|
|
HIBB
1781
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $3.28M | ﹤0.01% |
36,600
-1,200
| -3% | -$93.8K |
|
1782
US Physical Therapy
USPH
$1.21B
| $3.28M | ﹤0.01% |
28,300
-1,100
| -4% | -$126K |
|
1783
Hudbay
HBM
$11.9B
| $3.28M | ﹤0.01% |
491,300
-47,100
| -9% | -$352K |
|
1784
Encore Capital Group
ECPG
$2.2B
| $3.27M | ﹤0.01% |
69,100
+4,600
| +7% | +$200K |
|
1785
Sphere Entertainment
SPHR
$6.03B
| $3.27M | ﹤0.01% |
38,933
+3,100
| +9% | +$274K |
|
1786
ArcBest
ARCB
$3.19B
| $3.26M | ﹤0.01% |
56,000
-2,100
| -4% | -$150K |
|
1787
RadNet
RDNT
$6.01B
| $3.26M | ﹤0.01% |
96,700
-3,600
| -4% | -$94.8K |
|
1788
Tennant Co
TNC
$1.17B
| $3.26M | ﹤0.01% |
40,800
+700
| +2% | +$57.2K |
|
|
DCPH
1789
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $3.25M | ﹤0.01% |
88,900
+4,300
| +5% | +$166K |
|
1790
Buckle
BKE
$2.27B
| $3.25M | ﹤0.01% |
65,300
-2,500
| -4% | -$106K |
|
1791
PBF Energy
PBF
$8.52B
| $3.24M | ﹤0.01% |
211,800
-21,500
| -9% | -$332K |
|
1792
Porch Group
PRCH
$1.97B
| $3.24M | ﹤0.01% |
+167,500
| New | +$2.76M |
|
|
SGMO
1793
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $3.21M | ﹤0.01% |
268,360
-6,300
| -2% | -$71.3K |
|
1794
Green Plains
GPRE
$1.09B
| $3.21M | ﹤0.01% |
95,400
-3,200
| -3% | -$95.4K |
|
1795
Castle Biosciences
CSTL
$905M
| $3.21M | ﹤0.01% |
43,700
+2,300
| +6% | +$152K |
|
1796
TTM Technologies
TTMI
$14.7B
| $3.2M | ﹤0.01% |
223,600
-8,100
| -3% | -$121K |
|
1797
Brookdale Senior Living
BKD
$3.02B
| $3.19M | ﹤0.01% |
404,439
+6,300
| +2% | +$45.3K |
|
|
GOGL
1798
DELISTED
Golden Ocean Group
GOGL
| $3.19M | ﹤0.01% |
287,924
+77,002
| +37% | +$715K |
|
1799
Primoris Services
PRIM
$4.48B
| $3.19M | ﹤0.01% |
108,300
+2,900
| +3% | +$93.6K |
|
1800
St. Joe Company
JOE
$3.89B
| $3.19M | ﹤0.01% |
71,400
-2,600
| -4% | -$117K |
|
Similar funds
Swiss National Bank's Q2 2021 Portfolio in Review
As of Q2 2021, Swiss National Bank held 2,687 positions worth $162B, up 8.1% from $150B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Swiss National Bank's Q2 2021 filing shows 205 new, 908 increased, 1,482 reduced and 45 closed positions. Its largest new stake was Lyft: 1,044,300 shares worth $63.2M. The largest sale was Alibaba, an estimated $1.07B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2021 buy was Lyft: 1,044,300 shares worth $63.2M.
- Swiss National Bank added most to Apple in Q2 2021, an estimated $370M increase.
- Swiss National Bank's biggest Q2 2021 reduction was Newmont, cutting an estimated $149M.
- Swiss National Bank fully exited Alibaba in Q2 2021, selling an estimated $1.07B.
- Swiss National Bank's ten largest holdings make up 25% of its $162B portfolio in Q2 2021.
- Swiss National Bank opened 205 new positions and closed 45 in Q2 2021.
- Swiss National Bank's portfolio value rose 8.1% quarter-over-quarter to $162B.
Based on Swiss National Bank's 13F filing for Q2 2021, filed 6 Aug 2021.