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 |
Stellantis
STLA
|
+$58.6M |
| 2 |
B
Barrick Mining
B
|
+$42.7M |
| 3 |
Henry Schein
HSIC
|
+$41.4M |
| 4 |
Qualcomm
QCOM
|
+$28.7M |
| 5 |
Republic Services
RSG
|
+$28.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KMR
KINDER MORGAN MANAGEMENT LLC
KMR
|
+$64.4M |
| 2 |
General Dynamics
GD
|
+$35.5M |
| 3 |
THI
TIM HORTONS INC COM, CANADA
THI
|
+$31.8M |
| 4 |
Apple
AAPL
|
+$30.2M |
| 5 |
Johnson & Johnson
JNJ
|
+$30M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.42% |
| 2 | Technology | 13.9% |
| 3 | Industrials | 10.95% |
| 4 | Consumer Staples | 10.07% |
| 5 | Energy | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
526
Cincinnati Financial
CINF
$26.7B
| $7.46M | 0.03% |
143,832
-5,100
| -3% | -$255K |
|
527
Jones Lang LaSalle
JLL
$16.4B
| $7.44M | 0.03% |
49,600
+1,300
| +3% | +$179K |
|
528
Pediatrix Medical
MD
$2.12B
| $7.43M | 0.03% |
112,400
+3,100
| +3% | +$189K |
|
529
Robert Half
RHI
$4.37B
| $7.41M | 0.03% |
126,938
-4,800
| -4% | -$261K |
|
530
Snap-on
SNA
$21.3B
| $7.4M | 0.03% |
54,100
-9,900
| -15% | -$1.3M |
|
531
Brookdale Senior Living
BKD
$3.27B
| $7.39M | 0.03% |
201,670
+4,400
| +2% | +$149K |
|
532
Edgewell Personal Care
EPC
$1.29B
| $7.38M | 0.03% |
77,391
-2,833
| -4% | -$261K |
|
|
TW
533
DELISTED
TOWERS WATSON & CO COM STK CL A (DE)
TW
| $7.36M | 0.03% |
65,000
-2,500
| -4% | -$275K |
|
534
UGI
UGI
$7.29B
| $7.34M | 0.03% |
193,200
+3,900
| +2% | +$144K |
|
535
Cooper Companies
COO
$14.9B
| $7.33M | 0.03% |
180,800
-30,800
| -15% | -$1.24M |
|
|
SPLK
536
DELISTED
Splunk Inc
SPLK
| $7.32M | 0.03% |
124,161
+3,100
| +3% | +$190K |
|
|
GAS
537
DELISTED
AGL Resources Inc
GAS
| $7.3M | 0.03% |
133,900
+3,100
| +2% | +$164K |
|
538
ResMed
RMD
$31.9B
| $7.29M | 0.03% |
130,100
-4,800
| -4% | -$251K |
|
539
Extra Space Storage
EXR
$31B
| $7.25M | 0.03% |
123,700
+2,700
| +2% | +$155K |
|
540
Everest Group
EG
$14.2B
| $7.25M | 0.03% |
42,575
-2,000
| -4% | -$338K |
|
541
Cintas
CTAS
$81.1B
| $7.24M | 0.03% |
369,392
-22,000
| -6% | -$397K |
|
542
Ulta Beauty
ULTA
$23.6B
| $7.22M | 0.03% |
56,500
-2,100
| -4% | -$257K |
|
543
Ingredion
INGR
$6.53B
| $7.22M | 0.03% |
85,100
+2,100
| +3% | +$167K |
|
|
PCYC
544
DELISTED
PHARMACYCLICS INC
PCYC
| $7.21M | 0.03% |
59,000
-2,100
| -3% | -$268K |
|
545
Workday
WDAY
$45.5B
| $7.2M | 0.03% |
88,200
+300
| +0.3% | +$25.9K |
|
546
CNX Resources
CNX
$5.32B
| $7.19M | 0.03% |
255,120
-9,120
| -3% | -$277K |
|
|
CDK
547
DELISTED
CDK Global, Inc.
CDK
| $7.18M | 0.03% |
+176,100
| New | +$6.24M |
|
548
UDR
UDR
$12.1B
| $7.17M | 0.03% |
232,800
-8,300
| -3% | -$249K |
|
549
Lennar Class A
LEN
$20.6B
| $7.17M | 0.03% |
168,195
-6,093
| -3% | -$252K |
|
|
IHS
550
DELISTED
IHS INC CL-A COM STK
IHS
| $7.17M | 0.03% |
62,931
-2,300
| -4% | -$285K |
|
Similar funds
Swiss National Bank's Q4 2014 Portfolio in Review
As of Q4 2014, Swiss National Bank held 2,649 positions worth $26.7B, up 2.3% from $26.1B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Swiss National Bank's Q4 2014 filing shows 120 new, 1,249 increased, 564 reduced and 81 closed positions. Its largest new stake was Stellantis: 7,902,518 shares worth $59.9M. The largest sale was KINDER MORGAN MANAGEMENT LLC, an estimated $64.4M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 14% a quarter earlier, followed by Technology and Industrials.
- Swiss National Bank's largest Q4 2014 buy was Stellantis: 7,902,518 shares worth $59.9M.
- Swiss National Bank added most to Barrick Mining in Q4 2014, an estimated $42.7M increase.
- Swiss National Bank's biggest Q4 2014 reduction was Apple, cutting an estimated $30.2M.
- Swiss National Bank fully exited KINDER MORGAN MANAGEMENT LLC in Q4 2014, selling an estimated $64.4M.
- Swiss National Bank's ten largest holdings make up 13% of its $26.7B portfolio in Q4 2014.
- Swiss National Bank opened 120 new positions and closed 81 in Q4 2014.
- Swiss National Bank's portfolio value rose 2.3% quarter-over-quarter to $26.7B.
Based on Swiss National Bank's 13F filing for Q4 2014, filed 3 Feb 2015.