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 |
Nutrien
NTR
|
+$117M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$36.3M |
| 3 |
Becton Dickinson
BDX
|
+$30.5M |
| 4 |
Alibaba
BABA
|
+$29.1M |
| 5 |
NXP Semiconductors
NXPI
|
+$25.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$443M |
| 2 |
Microsoft
MSFT
|
+$315M |
| 3 |
Amazon
AMZN
|
+$275M |
| 4 |
Meta Platforms (Facebook)
META
|
+$191M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$161M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.01% |
| 2 | Healthcare | 14.49% |
| 3 | Consumer Discretionary | 11.53% |
| 4 | Industrials | 10.43% |
| 5 | Communication Services | 10.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
Ring Energy
REI
$349M
| $1.41M | ﹤0.01% |
98,332
+14,600
| +17% | +$212K |
|
|
EVBG
1877
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $1.41M | ﹤0.01% |
38,500
| – | – |
|
1878
Astronics
ATRO
$4.57B
| $1.41M | ﹤0.01% |
52,026
+2,070
| +4% | +$61.8K |
|
1879
Interparfums
IPAR
$3.7B
| $1.4M | ﹤0.01% |
29,700
| – | – |
|
|
SP
1880
DELISTED
SP Plus Corporation
SP
| $1.4M | ﹤0.01% |
39,300
+2,100
| +6% | +$78.7K |
|
|
UPL
1881
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $1.39M | ﹤0.01% |
334,300
| – | – |
|
1882
Univest Financial
UVSP
$1.19B
| $1.39M | ﹤0.01% |
50,278
| – | – |
|
1883
Five Point Holdings
FPH
$372M
| $1.39M | ﹤0.01% |
97,600
+39,300
| +67% | +$552K |
|
|
ALDR
1884
DELISTED
Alder Biopharmaceuticals
ALDR
| $1.39M | ﹤0.01% |
109,642
| – | – |
|
|
KND
1885
DELISTED
Kindred Healthcare
KND
| $1.39M | ﹤0.01% |
151,557
+7,200
| +5% | +$66.6K |
|
1886
CEVA Inc
CEVA
$855M
| $1.39M | ﹤0.01% |
38,300
+1,600
| +4% | +$65.1K |
|
|
PRFT
1887
DELISTED
Perficient Inc
PRFT
| $1.38M | ﹤0.01% |
60,400
| – | – |
|
1888
Federal Agricultural Mortgage
AGM
$2.51B
| $1.37M | ﹤0.01% |
15,781
+1,000
| +7% | +$81.1K |
|
1889
Genesco
GCO
$394M
| $1.37M | ﹤0.01% |
33,800
| – | – |
|
1890
Regenxbio
RGNX
$704M
| $1.37M | ﹤0.01% |
45,900
+3,300
| +8% | +$96K |
|
|
MODV
1891
DELISTED
ModivCare
MODV
| $1.37M | ﹤0.01% |
19,800
| – | – |
|
1892
Atlanta Braves Holdings Series B
BATRK
$3.41B
| $1.37M | ﹤0.01% |
59,929
+2,400
| +4% | +$55.6K |
|
1893
Stewart Information Services
STC
$2.07B
| $1.37M | ﹤0.01% |
31,100
+1,800
| +6% | +$77.5K |
|
|
IPHS
1894
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.37M | ﹤0.01% |
34,000
+2,000
| +6% | +$87.6K |
|
1895
TG Therapeutics
TGTX
$7.34B
| $1.37M | ﹤0.01% |
96,200
+6,900
| +8% | +$88.2K |
|
|
CNR
1896
DELISTED
Cornerstone Building Brands, Inc.
CNR
| $1.36M | ﹤0.01% |
77,100
-3,700
| -5% | -$65.3K |
|
|
DF
1897
DELISTED
Dean Foods Company
DF
| $1.36M | ﹤0.01% |
158,400
+8,800
| +6% | +$86.9K |
|
1898
Atkore
ATKR
$3.17B
| $1.36M | ﹤0.01% |
68,700
+16,700
| +32% | +$359K |
|
1899
Rapid7
RPD
$929M
| $1.36M | ﹤0.01% |
53,300
+29,000
| +119% | +$701K |
|
1900
ArcBest
ARCB
$3.28B
| $1.36M | ﹤0.01% |
42,500
+2,300
| +6% | +$80.1K |
|
Similar funds
Swiss National Bank's Q1 2018 Portfolio in Review
As of Q1 2018, Swiss National Bank held 2,520 positions worth $82B, down 11% from $92.6B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Swiss National Bank withdrew a net $9.58B in Q1 2018, closing 36 positions and reducing 634 holdings. Its most notable exit was Potash Corp Of Saskatchewan, an estimated $66.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 19% of assets, up from 18% a quarter earlier, followed by Healthcare and Consumer Discretionary.
Against the trend, Swiss National Bank opened a new position in Nutrien worth $111M.
- Swiss National Bank's largest Q1 2018 buy was Nutrien: 2,341,052 shares worth $111M.
- Swiss National Bank added most to Worldpay, Inc. in Q1 2018, an estimated $36.3M increase.
- Swiss National Bank's biggest Q1 2018 reduction was Apple, cutting an estimated $443M.
- Swiss National Bank fully exited Potash Corp Of Saskatchewan in Q1 2018, selling an estimated $66.5M.
- Swiss National Bank's ten largest holdings make up 17% of its $82B portfolio in Q1 2018.
- Swiss National Bank opened 6 new positions and closed 36 in Q1 2018.
- Swiss National Bank's portfolio value fell 11% quarter-over-quarter to $82B.
Based on Swiss National Bank's 13F filing for Q1 2018, filed 4 May 2018.