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 | |
|---|---|---|---|---|---|---|
|
MESG
2126
DELISTED
XURA INC COM (DE)
MESG
| $691K | ﹤0.01% |
36,400
+6,800
| +23% | +$139K |
|
|
BLT
2127
DELISTED
BLOUNT INTERNATIONAL (NEW)
BLT
| $690K | ﹤0.01% |
71,500
+12,500
| +21% | +$120K |
|
2128
Haverty Furniture Companies
HVT
$450M
| $689K | ﹤0.01% |
33,600
+5,500
| +20% | +$108K |
|
2129
National Presto Industries
NPK
$987M
| $689K | ﹤0.01% |
8,500
+1,500
| +21% | +$120K |
|
2130
Cleveland-Cliffs
CLF
$6.93B
| $688K | ﹤0.01% |
237,200
+41,800
| +21% | +$87.6K |
|
2131
Park-Ohio Holdings
PKOH
$718M
| $687K | ﹤0.01% |
16,500
+2,500
| +18% | +$79.2K |
|
|
PGTI
2132
DELISTED
PGT, Inc.
PGTI
| $687K | ﹤0.01% |
72,400
+14,000
| +24% | +$137K |
|
2133
Forestar Group
FOR
$1.51B
| $686K | ﹤0.01% |
54,400
+9,600
| +21% | +$96.8K |
|
2134
Phibro Animal Health
PAHC
$1.38B
| $686K | ﹤0.01% |
26,300
+5,900
| +29% | +$169K |
|
|
INSY
2135
DELISTED
Insys Therapeutics, Inc.
INSY
| $686K | ﹤0.01% |
44,300
+7,700
| +21% | +$146K |
|
|
SUP
2136
DELISTED
Superior Industries International
SUP
| $685K | ﹤0.01% |
32,200
+6,400
| +25% | +$126K |
|
|
IVC
2137
DELISTED
Invacare Corporation
IVC
| $684K | ﹤0.01% |
53,600
+9,100
| +20% | +$129K |
|
2138
Enviri
NVRI
$564M
| $682K | ﹤0.01% |
129,600
+24,500
| +23% | +$141K |
|
|
TERP
2139
DELISTED
TerraForm Power, Inc
TERP
| $682K | ﹤0.01% |
81,550
-5,350
| -6% | -$49.8K |
|
|
NSM
2140
DELISTED
Nationstar Mortgage Holdings
NSM
| $680K | ﹤0.01% |
71,100
+13,300
| +23% | +$142K |
|
2141
MannKind Corp
MNKD
$1.2B
| $676K | ﹤0.01% |
87,020
+16,120
| +23% | +$92.1K |
|
2142
Par Pacific Holdings
PARR
$4.12B
| $676K | ﹤0.01% |
37,100
+8,200
| +28% | +$176K |
|
2143
Lesaka Technologies
LSAK
$414M
| $675K | ﹤0.01% |
75,692
+13,000
| +21% | +$131K |
|
2144
Chefs' Warehouse
CHEF
$4.57B
| $674K | ﹤0.01% |
34,400
+6,400
| +23% | +$105K |
|
2145
Flotek Industries
FTK
$1.25B
| $674K | ﹤0.01% |
15,817
+2,734
| +21% | +$120K |
|
|
UNT
2146
DELISTED
UNIT Corporation
UNT
| $673K | ﹤0.01% |
79,100
+14,500
| +22% | +$124K |
|
2147
Camden National
CAC
$996M
| $672K | ﹤0.01% |
24,861
+13,203
| +113% | +$355K |
|
|
MCHB
2148
Mechanics Bancorp
MCHB
$3.79B
| $672K | ﹤0.01% |
33,500
+7,800
| +30% | +$156K |
|
2149
Seacoast Banking Corp of Florida
SBCF
$3.48B
| $671K | ﹤0.01% |
43,900
+7,900
| +22% | +$117K |
|
|
ARRY
2150
DELISTED
Array Biopharma Inc
ARRY
| $669K | ﹤0.01% |
234,800
+43,600
| +23% | +$131K |
|
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.