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 | |
|---|---|---|---|---|---|---|
|
BDSI
2526
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $258K | ﹤0.01% |
82,600
+16,400
| +25% | +$60.6K |
|
|
QADA
2527
DELISTED
QAD Inc.
QADA
| $257K | ﹤0.01% |
12,600
+2,900
| +30% | +$56K |
|
|
ARAV
2528
DELISTED
Aravive, Inc. Common Stock
ARAV
| $253K | ﹤0.01% |
5,417
+900
| +20% | +$47.7K |
|
2529
Rapid7
RPD
$894M
| $251K | ﹤0.01% |
20,000
+11,700
| +141% | +$154K |
|
2530
Glaukos
GKOS
$10.7B
| $250K | ﹤0.01% |
15,500
+8,800
| +131% | +$153K |
|
|
PBPB
2531
DELISTED
Potbelly
PBPB
| $245K | ﹤0.01% |
18,800
+6,500
| +53% | +$78K |
|
2532
Geospace Technologies
GEOS
$69.2M
| $244K | ﹤0.01% |
20,500
+3,900
| +23% | +$43K |
|
|
VTTI
2533
DELISTED
VTTI Energy Partners LP
VTTI
| $243K | ﹤0.01% |
13,700
+3,100
| +29% | +$54.6K |
|
|
CACB
2534
DELISTED
Cascade Bancorp
CACB
| $242K | ﹤0.01% |
44,300
+9,900
| +29% | +$54.3K |
|
|
RIGP
2535
DELISTED
Transocean Partners LLC
RIGP
| $238K | ﹤0.01% |
28,000
+6,300
| +29% | +$51.6K |
|
|
PSG
2536
DELISTED
Performance Sports Group Ltd.
PSG
| $236K | ﹤0.01% |
76,000
+18,200
| +31% | +$117K |
|
|
NEWS
2537
DELISTED
NewStar Financial, Inc.
NEWS
| $234K | ﹤0.01% |
27,900
+6,300
| +29% | +$47.4K |
|
2538
Central Garden & Pet Co
CENT
$2.76B
| $233K | ﹤0.01% |
18,563
+4,438
| +31% | +$50.3K |
|
2539
KRONOS Worldwide
KRO
$963M
| $233K | ﹤0.01% |
42,000
+7,000
| +20% | +$36.5K |
|
2540
Quantum Corp
QMCO
$764M
| $233K | ﹤0.01% |
2,468
+482
| +24% | +$46.4K |
|
2541
Ezcorp Inc
EZPW
$1.66B
| $232K | ﹤0.01% |
80,850
+16,050
| +25% | +$50.2K |
|
|
CSLT
2542
DELISTED
CASTLIGHT HEALTH, INC.
CSLT
| $231K | ﹤0.01% |
71,650
+20,350
| +40% | +$66.9K |
|
2543
Universal Logistics Holdings
ULH
$503M
| $225K | ﹤0.01% |
14,170
+4,200
| +42% | +$61.9K |
|
2544
Weyco Group
WEYS
$448M
| $225K | ﹤0.01% |
8,800
+2,000
| +29% | +$51.5K |
|
|
PRTK
2545
DELISTED
Paratek Pharmaceuticals, Inc.
PRTK
| $224K | ﹤0.01% |
15,400
+3,400
| +28% | +$52K |
|
|
OPWR
2546
DELISTED
OPOWER INC COM STK (DE)
OPWR
| $224K | ﹤0.01% |
33,900
+5,800
| +21% | +$46.2K |
|
|
MPG
2547
DELISTED
Metaldyne Performance Group Inc.
MPG
| $221K | ﹤0.01% |
13,700
+3,100
| +29% | +$43.3K |
|
2548
Village Super Market
VLGEA
$618M
| $215K | ﹤0.01% |
9,300
+2,100
| +29% | +$52K |
|
|
JONE
2549
DELISTED
Jones Energy, Inc.
JONE
| $210K | ﹤0.01% |
3,523
+484
| +16% | +$21.7K |
|
|
NDRM
2550
DELISTED
NeuroDerm Ltd. Ordinary Shares
NDRM
| $210K | ﹤0.01% |
15,200
+9,500
| +167% | +$128K |
|
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.