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 | |
|---|---|---|---|---|---|---|
|
WBC
576
DELISTED
WABCO HOLDINGS INC.
WBC
| $6.77M | 0.03% |
64,600
+600
| +0.9% | +$59.4K |
|
577
Southwest Airlines
LUV
$22B
| $6.76M | 0.03% |
159,712
-205,000
| -56% | -$7.65M |
|
578
Pultegroup
PHM
$24.8B
| $6.75M | 0.03% |
314,400
-13,000
| -4% | -$259K |
|
579
Helmerich & Payne
HP
$4.18B
| $6.73M | 0.03% |
99,852
-3,600
| -3% | -$280K |
|
|
CVD
580
DELISTED
COVANCE INC.
CVD
| $6.7M | 0.03% |
64,500
+700
| +1% | +$65.6K |
|
581
Liberty Media Series C
FWONK
$25.8B
| $6.68M | 0.03% |
269,564
-89,312
| -25% | -$2.2M |
|
|
SIVB
582
DELISTED
SVB Financial Group
SIVB
| $6.67M | 0.03% |
57,500
+3,200
| +6% | +$349K |
|
|
SPR
583
DELISTED
Spirit AeroSystems
SPR
| $6.67M | 0.03% |
155,000
+6,700
| +5% | +$271K |
|
584
Acuity Brands
AYI
$10.6B
| $6.67M | 0.03% |
47,600
+1,000
| +2% | +$136K |
|
585
Willis Towers Watson
WTW
$31.9B
| $6.66M | 0.02% |
56,106
-2,152
| -4% | -$241K |
|
586
Globe Life
GL
$14.2B
| $6.58M | 0.02% |
121,528
-5,100
| -4% | -$270K |
|
587
CoStar Group
CSGP
$12.8B
| $6.56M | 0.02% |
357,100
+21,000
| +6% | +$339K |
|
588
HF Sinclair
DINO
$15.2B
| $6.54M | 0.02% |
174,607
-6,400
| -4% | -$267K |
|
589
Crown Holdings
CCK
$13.1B
| $6.53M | 0.02% |
128,333
-4,500
| -3% | -$217K |
|
590
OGE Energy
OGE
$9.54B
| $6.53M | 0.02% |
184,000
-6,700
| -4% | -$242K |
|
|
TSS
591
DELISTED
Total System Services, Inc.
TSS
| $6.5M | 0.02% |
191,518
-13,000
| -6% | -$420K |
|
592
Centene
CNC
$32.9B
| $6.49M | 0.02% |
250,000
+14,000
| +6% | +$327K |
|
|
VMW
593
DELISTED
VMware, Inc
VMW
| $6.47M | 0.02% |
78,361
-3,000
| -4% | -$256K |
|
594
Xylem
XYL
$28.3B
| $6.46M | 0.02% |
169,622
-6,900
| -4% | -$252K |
|
595
SITE Centers
SITC
$158M
| $6.44M | 0.02% |
272,333
+5,820
| +2% | +$134K |
|
596
Zions Bancorporation
ZION
$10.3B
| $6.43M | 0.02% |
225,700
+9,600
| +4% | +$271K |
|
597
Carlisle Companies
CSL
$15.3B
| $6.43M | 0.02% |
71,300
+1,600
| +2% | +$138K |
|
|
DRE
598
DELISTED
Duke Realty Corp.
DRE
| $6.41M | 0.02% |
317,189
+2,100
| +0.7% | +$39.8K |
|
599
Mid-America Apartment Communities
MAA
$15.4B
| $6.4M | 0.02% |
85,744
+3,900
| +5% | +$278K |
|
|
ROC
600
DELISTED
ROCKWOOD HLDGS INC
ROC
| $6.4M | 0.02% |
81,200
+700
| +0.9% | +$54K |
|
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.