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 | |
|---|---|---|---|---|---|---|
|
RT
2151
DELISTED
Ruby Tuesday Georgia
RT
| $668K | ﹤0.01% |
127,600
+18,800
| +17% | +$98.4K |
|
|
SGMO
2152
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $663K | ﹤0.01% |
113,560
+21,400
| +23% | +$128K |
|
2153
Shake Shack
SHAK
$2.98B
| $662K | ﹤0.01% |
18,300
+3,200
| +21% | +$115K |
|
2154
Caesarstone
CSTE
$105M
| $660K | ﹤0.01% |
19,900
+6,900
| +53% | +$246K |
|
2155
Onto Innovation
ONTO
$20.6B
| $659K | ﹤0.01% |
42,900
+7,000
| +19% | +$97.9K |
|
|
EPZM
2156
DELISTED
Epizyme, Inc
EPZM
| $659K | ﹤0.01% |
56,500
+28,300
| +100% | +$286K |
|
|
TTSH
2157
DELISTED
Tile Shop Holdings
TTSH
| $657K | ﹤0.01% |
45,700
+9,300
| +26% | +$132K |
|
2158
Travere Therapeutics
TVTX
$5.79B
| $656K | ﹤0.01% |
49,900
+11,700
| +31% | +$177K |
|
|
XOXO
2159
DELISTED
Xo Group Inc
XOXO
| $654K | ﹤0.01% |
42,000
+6,800
| +19% | +$102K |
|
|
SQI
2160
DELISTED
SCIQUEST, INC. COMMON STOCK
SQI
| $654K | ﹤0.01% |
48,688
+8,500
| +21% | +$107K |
|
|
TACO
2161
DELISTED
Del Taco Restaurants, Inc. Common Stock
TACO
| $654K | ﹤0.01% |
65,500
+11,900
| +22% | +$120K |
|
|
SHLD
2162
DELISTED
Sears Holding Corporation
SHLD
| $653K | ﹤0.01% |
44,157
+8,100
| +22% | +$137K |
|
2163
Ollie's Bargain Outlet
OLLI
$4.7B
| $651K | ﹤0.01% |
28,800
+16,500
| +134% | +$339K |
|
2164
Biglari Holdings Class B
BH
$1.22B
| $650K | ﹤0.01% |
2,711
+480
| +22% | +$116K |
|
|
CCRN
2165
DELISTED
Cross Country Healthcare
CCRN
| $650K | ﹤0.01% |
57,600
+9,500
| +20% | +$121K |
|
|
CYBR
2166
DELISTED
CyberArk
CYBR
| $648K | ﹤0.01% |
15,700
+300
| +2% | +$12.1K |
|
2167
Tronox
TROX
$958M
| $646K | ﹤0.01% |
104,800
+19,600
| +23% | +$87K |
|
|
LBAI
2168
DELISTED
Lakeland Bancorp Inc
LBAI
| $646K | ﹤0.01% |
65,885
+15,300
| +30% | +$160K |
|
2169
Angi Inc
ANGI
$196M
| $643K | ﹤0.01% |
8,210
+1,340
| +20% | +$116K |
|
2170
FormFactor
FORM
$10.3B
| $642K | ﹤0.01% |
91,500
+17,600
| +24% | +$134K |
|
2171
Box
BOX
$4.66B
| $640K | ﹤0.01% |
54,100
+10,300
| +24% | +$117K |
|
|
AMRI
2172
DELISTED
Albany Molecular Research Inc
AMRI
| $639K | ﹤0.01% |
43,300
+8,100
| +23% | +$127K |
|
2173
Rockwell Medical
RMTI
$30.9M
| $638K | ﹤0.01% |
795
+128
| +19% | +$101K |
|
2174
Westwood Holdings Group
WHG
$184M
| $638K | ﹤0.01% |
11,293
+2,300
| +26% | +$116K |
|
2175
DHI Group
DHX
$174M
| $637K | ﹤0.01% |
81,400
+12,800
| +19% | +$105K |
|
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.