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 |
Verizon
VZ
|
+$91.5M |
| 2 |
VRN
Veren
VRN
|
+$44.4M |
| 3 |
Perrigo
PRGO
|
+$25.6M |
| 4 |
VER
VEREIT, Inc.
VER
|
+$7.63M |
| 5 |
Liberty Global Class C
LBTYK
|
+$6.77M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$51.2M |
| 2 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$43.4M |
| 3 |
ExxonMobil
XOM
|
+$41.4M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$27.7M |
| 5 |
Microsoft
MSFT
|
+$27.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.36% |
| 2 | Technology | 13.06% |
| 3 | Energy | 11.79% |
| 4 | Industrials | 11.18% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HSP
551
DELISTED
HOSPIRA INC
HSP
| $6.97M | 0.03% |
161,128
-14,600
| -8% | -$626K |
|
|
ANSS
552
DELISTED
Ansys
ANSS
| $6.93M | 0.03% |
90,000
-8,600
| -9% | -$696K |
|
|
IPG
553
DELISTED
Interpublic Group of Companies
IPG
| $6.93M | 0.03% |
404,390
-47,200
| -10% | -$807K |
|
|
HUB.B
554
DELISTED
HUBBELL INC CL-B
HUB.B
| $6.93M | 0.03% |
57,800
+12,800
| +28% | +$1.5M |
|
555
Globe Life
GL
$14.2B
| $6.91M | 0.03% |
131,778
-14,850
| -10% | -$762K |
|
|
ARG
556
DELISTED
Airgas Inc
ARG
| $6.87M | 0.03% |
64,467
-5,600
| -8% | -$600K |
|
557
NCR Voyix
VYX
$1.12B
| $6.83M | 0.03% |
304,647
+67,482
| +28% | +$1.43M |
|
|
VAL
558
DELISTED
Valspar
VAL
| $6.79M | 0.03% |
94,200
+19,800
| +27% | +$1.43M |
|
559
Mettler-Toledo International
MTD
$28.8B
| $6.79M | 0.03% |
28,800
-3,100
| -10% | -$759K |
|
560
Donaldson
DCI
$11.3B
| $6.7M | 0.03% |
158,100
+33,900
| +27% | +$1.43M |
|
|
SIVB
561
DELISTED
SVB Financial Group
SIVB
| $6.68M | 0.03% |
51,900
+11,300
| +28% | +$1.32M |
|
|
GPOR
562
DELISTED
Gulfport Energy Corp.
GPOR
| $6.66M | 0.03% |
93,500
+20,800
| +29% | +$1.28M |
|
563
Wolfspeed
WOLF
$1.6B
| $6.63M | 0.03% |
117,251
-10,700
| -8% | -$653K |
|
564
Digital Realty Trust
DLR
$70.9B
| $6.63M | 0.03% |
124,855
-11,400
| -8% | -$593K |
|
|
SBNY
565
DELISTED
Signature Bank
SBNY
| $6.62M | 0.03% |
52,700
+11,700
| +29% | +$1.43M |
|
|
ATHN
566
DELISTED
Athenahealth, Inc.
ATHN
| $6.59M | 0.03% |
41,100
+9,400
| +30% | +$1.55M |
|
567
IDEX
IEX
$17.5B
| $6.57M | 0.03% |
90,100
+19,500
| +28% | +$1.42M |
|
568
Williams-Sonoma
WSM
$29.6B
| $6.54M | 0.03% |
196,400
+40,400
| +26% | +$1.18M |
|
|
ANDV
569
DELISTED
Andeavor
ANDV
| $6.53M | 0.03% |
129,100
-14,700
| -10% | -$764K |
|
570
Xylem
XYL
$28.7B
| $6.53M | 0.03% |
179,222
-17,400
| -9% | -$635K |
|
|
GAS
571
DELISTED
AGL Resources Inc
GAS
| $6.53M | 0.03% |
133,300
+29,800
| +29% | +$1.4M |
|
|
MWV
572
DELISTED
MEADWESTVACO CORP
MWV
| $6.5M | 0.03% |
172,825
-15,200
| -8% | -$553K |
|
|
CVD
573
DELISTED
COVANCE INC.
CVD
| $6.46M | 0.03% |
62,200
+14,100
| +29% | +$1.4M |
|
574
Alkermes
ALKS
$8.31B
| $6.45M | 0.03% |
146,300
+32,800
| +29% | +$1.56M |
|
575
Darden Restaurants
DRI
$25B
| $6.44M | 0.03% |
141,896
-12,530
| -8% | -$560K |
|
Similar funds
Swiss National Bank's Q1 2014 Portfolio in Review
As of Q1 2014, Swiss National Bank held 2,515 positions worth $25.5B, down 0.58% from $25.6B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 1.2%. Swiss National Bank opened 8 new positions and exited 21, leaving the 2,515-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Technology and Energy.
- Swiss National Bank's largest Q1 2014 buy was Veren: 1,374,746 shares worth $46M.
- Swiss National Bank added most to Verizon in Q1 2014, an estimated $91.5M increase.
- Swiss National Bank's biggest Q1 2014 reduction was Apple, cutting an estimated $51.2M.
- Swiss National Bank fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $43.4M.
- Swiss National Bank's ten largest holdings make up 13% of its $25.5B portfolio in Q1 2014.
- Swiss National Bank opened 8 new positions and closed 21 in Q1 2014.
- Swiss National Bank's portfolio value fell 0.58% quarter-over-quarter to $25.5B.
Based on Swiss National Bank's 13F filing for Q1 2014, filed 6 May 2014.