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 | |
|---|---|---|---|---|---|---|
1801
Gevo
GEVO
$418M
| $3.17M | ﹤0.01% |
+436,500
| New | +$3.19M |
|
1802
eHealth
EHTH
$39.1M
| $3.17M | ﹤0.01% |
54,300
+1,000
| +2% | +$65.7K |
|
1803
Prothena Corp
PRTA
$455M
| $3.17M | ﹤0.01% |
61,600
+2,300
| +4% | +$71.8K |
|
1804
Butterfly Network
BFLY
$2.35B
| $3.16M | ﹤0.01% |
+218,000
| New | +$2.94M |
|
|
HUYA
1805
Huya Inc
HUYA
$529M
| $3.16M | ﹤0.01% |
178,848
-500
| -0.3% | -$8.38K |
|
1806
The Greenbrier Companies
GBX
$1.41B
| $3.15M | ﹤0.01% |
72,400
-2,600
| -3% | -$120K |
|
1807
Middlesex Water
MSEX
$1.11B
| $3.15M | ﹤0.01% |
38,562
-1,400
| -4% | -$116K |
|
1808
G-III Apparel Group
GIII
$1.43B
| $3.15M | ﹤0.01% |
95,900
-3,600
| -4% | -$117K |
|
|
LAC
1809
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $3.15M | ﹤0.01% |
211,300
+24,600
| +13% | +$351K |
|
1810
Super Micro Computer
SMCI
$25.8B
| $3.14M | ﹤0.01% |
892,000
-116,000
| -12% | -$427K |
|
1811
Delek US
DK
$4.01B
| $3.14M | ﹤0.01% |
145,091
-23,328
| -14% | -$527K |
|
|
OPI
1812
DELISTED
Office Properties Income Trust
OPI
| $3.12M | ﹤0.01% |
106,533
-3,900
| -4% | -$112K |
|
1813
Kosmos Energy
KOS
$1.51B
| $3.11M | ﹤0.01% |
899,000
-27,400
| -3% | -$84.9K |
|
1814
IAMGOLD
IAG
$10.4B
| $3.1M | ﹤0.01% |
1,051,500
-34,400
| -3% | -$116K |
|
1815
NexGen Energy
NXE
$6.97B
| $3.1M | ﹤0.01% |
751,800
-19,100
| -2% | -$81.3K |
|
|
AAMI
1816
Acadian Asset Management
AAMI
$3.28B
| $3.09M | ﹤0.01% |
132,060
-13,400
| -9% | -$305K |
|
|
HMHC
1817
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $3.09M | ﹤0.01% |
+280,200
| New | +$2.64M |
|
|
FARO
1818
DELISTED
Faro Technologies
FARO
| $3.09M | ﹤0.01% |
39,700
-1,100
| -3% | -$86.7K |
|
1819
Yext
YEXT
$594M
| $3.08M | ﹤0.01% |
215,600
+24,300
| +13% | +$338K |
|
1820
Senseonics Holdings Inc
SENS
$413M
| $3.08M | ﹤0.01% |
+40,085
| New | +$2.03M |
|
1821
Universal Corp
UVV
$1.11B
| $3.08M | ﹤0.01% |
54,000
-2,000
| -4% | -$115K |
|
1822
Vermilion Energy
VET
$1.73B
| $3.07M | ﹤0.01% |
350,267
-12,500
| -3% | -$97.8K |
|
|
BBT
1823
Beacon Financial Corp
BBT
$2.69B
| $3.07M | ﹤0.01% |
112,000
+7,400
| +7% | +$188K |
|
1824
Dine Brands
DIN
$447M
| $3.07M | ﹤0.01% |
34,400
-1,300
| -4% | -$120K |
|
1825
Ero Copper
ERO
$3.53B
| $3.07M | ﹤0.01% |
+146,000
| New | +$2.98M |
|
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.