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 | |
|---|---|---|---|---|---|---|
|
ORBC
2151
DELISTED
ORBCOMM, Inc.
ORBC
| $1.87M | ﹤0.01% |
+166,300
| New | +$1.84M |
|
2152
Manitowoc
MTW
$755M
| $1.87M | ﹤0.01% |
76,250
-1,800
| -2% | -$42.9K |
|
|
NP
2153
DELISTED
Neenah, Inc. Common Stock
NP
| $1.86M | ﹤0.01% |
37,100
-1,000
| -3% | -$53.4K |
|
|
RADI
2154
DELISTED
Radius Global Infrastructure, Inc. Class A Common Stock
RADI
| $1.86M | ﹤0.01% |
+128,200
| New | +$1.92M |
|
|
BMTC
2155
DELISTED
Bryn Mawr Bank Corp
BMTC
| $1.86M | ﹤0.01% |
44,000
-1,600
| -4% | -$73.3K |
|
2156
Kenon Holdings
KEN
$3.51B
| $1.85M | ﹤0.01% |
53,611
-1,963
| -4% | -$66.9K |
|
|
EFC
2157
Ellington Financial
EFC
$1.77B
| $1.85M | ﹤0.01% |
96,500
+1,400
| +1% | +$25.9K |
|
2158
Photronics
PLAB
$1.98B
| $1.85M | ﹤0.01% |
139,800
-10,100
| -7% | -$132K |
|
2159
AdvanSix
ASIX
$454M
| $1.84M | ﹤0.01% |
61,800
-1,900
| -3% | -$57K |
|
|
XRN
2160
Chiron Real Estate Inc
XRN
$488M
| $1.84M | ﹤0.01% |
24,980
-940
| -4% | -$68K |
|
2161
Axogen
AXGN
$2.58B
| $1.84M | ﹤0.01% |
85,100
+2,600
| +3% | +$52.5K |
|
|
AVTA
2162
DELISTED
Avantax, Inc. Common Stock
AVTA
| $1.84M | ﹤0.01% |
106,200
-3,600
| -3% | -$59.1K |
|
2163
Harmonic Inc
HLIT
$1.49B
| $1.83M | ﹤0.01% |
215,415
-7,900
| -4% | -$60.5K |
|
2164
Wabash National
WNC
$520M
| $1.83M | ﹤0.01% |
114,700
-6,300
| -5% | -$108K |
|
2165
Energy Recovery
ERII
$408M
| $1.83M | ﹤0.01% |
80,400
-9,400
| -10% | -$185K |
|
|
STKL
2166
DELISTED
SunOpta
STKL
| $1.83M | ﹤0.01% |
149,225
-5,700
| -4% | -$74.4K |
|
|
PETQ
2167
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $1.83M | ﹤0.01% |
47,400
-1,700
| -3% | -$67.8K |
|
|
CWEN.A
2168
DELISTED
Clearway Energy Class A
CWEN.A
| $1.83M | ﹤0.01% |
72,450
-2,700
| -4% | -$69.3K |
|
2169
Personalis
PSNL
$1.5B
| $1.83M | ﹤0.01% |
72,200
+9,000
| +14% | +$206K |
|
2170
Ingles Markets
IMKTA
$1.66B
| $1.82M | ﹤0.01% |
31,300
+2,300
| +8% | +$143K |
|
|
MYOV
2171
DELISTED
Myovant Sciences Ltd.
MYOV
| $1.82M | ﹤0.01% |
80,100
-2,700
| -3% | -$56.8K |
|
2172
Quanex
NX
$955M
| $1.82M | ﹤0.01% |
73,400
-1,600
| -2% | -$42.7K |
|
|
PENG
2173
Penguin Solutions Inc
PENG
$3.22B
| $1.82M | ﹤0.01% |
76,400
+9,400
| +14% | +$227K |
|
2174
OneSpan
OSPN
$607M
| $1.82M | ﹤0.01% |
71,200
-3,100
| -4% | -$81K |
|
|
SAVE
2175
DELISTED
Spirit Airlines, Inc.
SAVE
| $1.82M | ﹤0.01% |
59,700
+3,900
| +7% | +$137K |
|
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.