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 | |
|---|---|---|---|---|---|---|
2101
Weis Markets
WMK
$1.75B
| $1.99M | ﹤0.01% |
38,500
-1,500
| -4% | -$79.5K |
|
|
ATRI
2102
DELISTED
Atrion Corp
ATRI
| $1.99M | ﹤0.01% |
3,202
-100
| -3% | -$62.5K |
|
|
RAD
2103
DELISTED
Rite Aid Corporation
RAD
| $1.98M | ﹤0.01% |
121,690
-4,500
| -4% | -$86.1K |
|
2104
Angi Inc
ANGI
$194M
| $1.98M | ﹤0.01% |
14,650
-2,260
| -13% | -$328K |
|
2105
Frontline
FRO
$9.15B
| $1.98M | ﹤0.01% |
218,656
-9,201
| -4% | -$74K |
|
2106
Heritage Financial
HFWA
$1.23B
| $1.98M | ﹤0.01% |
79,168
-2,600
| -3% | -$72.4K |
|
2107
Interface
TILE
$2.21B
| $1.98M | ﹤0.01% |
129,300
-4,800
| -4% | -$69.1K |
|
|
EBIX
2108
DELISTED
Ebix Inc
EBIX
| $1.97M | ﹤0.01% |
58,000
+2,100
| +4% | +$65K |
|
|
RUBY
2109
DELISTED
Rubius Therapeutics, Inc
RUBY
| $1.97M | ﹤0.01% |
80,500
-2,400
| -3% | -$60K |
|
2110
AudioCodes
AUDC
$252M
| $1.96M | ﹤0.01% |
58,406
+2,089
| +4% | +$66.7K |
|
2111
Heartland Express
HTLD
$998M
| $1.96M | ﹤0.01% |
114,600
+13,800
| +14% | +$255K |
|
|
CNST
2112
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $1.96M | ﹤0.01% |
58,000
-1,800
| -3% | -$45.9K |
|
|
AGEN
2113
Agenus
AGEN
$325M
| $1.96M | ﹤0.01% |
18,153
+1,548
| +9% | +$116K |
|
|
MCHB
2114
Mechanics Bancorp
MCHB
$3.79B
| $1.96M | ﹤0.01% |
48,000
-1,800
| -4% | -$77.6K |
|
2115
Washington Trust Bancorp
WASH
$769M
| $1.96M | ﹤0.01% |
38,100
+2,600
| +7% | +$137K |
|
|
SDC
2116
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $1.96M | ﹤0.01% |
225,300
+82,700
| +58% | +$763K |
|
2117
Innoviva
INVA
$1.52B
| $1.95M | ﹤0.01% |
145,300
-4,000
| -3% | -$50.1K |
|
2118
Warrior Met Coal
HCC
$5.17B
| $1.95M | ﹤0.01% |
113,200
-3,800
| -3% | -$66.3K |
|
|
LBAI
2119
DELISTED
Lakeland Bancorp Inc
LBAI
| $1.95M | ﹤0.01% |
111,285
-3,100
| -3% | -$56.2K |
|
|
VXRT
2120
DELISTED
Vaxart
VXRT
| $1.94M | ﹤0.01% |
259,600
+9,500
| +4% | +$66.3K |
|
|
NTUS
2121
DELISTED
Natus Medical Inc
NTUS
| $1.94M | ﹤0.01% |
74,700
-2,700
| -3% | -$73.5K |
|
|
YMAB
2122
DELISTED
Y-mAbs Therapeutics
YMAB
| $1.94M | ﹤0.01% |
57,300
+11,000
| +24% | +$353K |
|
2123
1-800-Flowers.com
FLWS
$261M
| $1.94M | ﹤0.01% |
60,700
+2,600
| +4% | +$81.2K |
|
2124
Simulations Plus
SLP
$371M
| $1.93M | ﹤0.01% |
35,200
-1,200
| -3% | -$68.8K |
|
2125
Standard Motor Products
SMP
$867M
| $1.93M | ﹤0.01% |
44,400
-1,800
| -4% | -$80.5K |
|
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.