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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$52.4M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$15M |
| 3 |
Capri Holdings
CPRI
|
+$14.5M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$8.25M |
| 5 |
Apple
AAPL
|
+$7.94M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$127M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$53M |
| 3 |
FON
SPRINT CORP FON COM
FON
|
+$22.5M |
| 4 |
NWS
THE NEWS CORPORATION LTD CL-B
NWS
|
+$15.3M |
| 5 |
BMC
BMC SOFTWARE, INC
BMC
|
+$6.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13% |
| 2 | Healthcare | 12.66% |
| 3 | Energy | 12.06% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Staples | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Alexandria Real Estate Equities
ARE
$8.34B
| $3.89M | 0.02% |
60,900
-3,100
| -5% | -$204K |
|
|
TWTC
677
DELISTED
TW TELECOM INC CL A COM
TWTC
| $3.88M | 0.02% |
129,800
-7,600
| -6% | -$224K |
|
678
Carlisle Companies
CSL
$15.6B
| $3.87M | 0.02% |
55,100
-2,500
| -4% | -$169K |
|
|
HAR
679
DELISTED
Harman International Industries
HAR
| $3.87M | 0.02% |
58,400
-2,900
| -5% | -$181K |
|
|
MDVN
680
DELISTED
MEDIVATION, INC.
MDVN
| $3.87M | 0.02% |
129,000
-6,200
| -5% | -$177K |
|
|
PPLI
681
People Inc
PPLI
$2.99B
| $3.87M | 0.02% |
395,595
-4,477
| -1% | -$40.9K |
|
682
NVR
NVR
$17.1B
| $3.86M | 0.02% |
4,200
-200
| -5% | -$181K |
|
683
SPX Corp
SPXC
$10.9B
| $3.86M | 0.02% |
180,986
+2,382
| +1% | +$46.3K |
|
|
WDR
684
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $3.86M | 0.02% |
74,900
-3,400
| -4% | -$169K |
|
|
SGEN
685
DELISTED
Seagen Inc. Common Stock
SGEN
| $3.85M | 0.02% |
87,900
-4,000
| -4% | -$167K |
|
686
Kirby Corp
KEX
$6.95B
| $3.83M | 0.02% |
44,200
-2,100
| -5% | -$176K |
|
687
East-West Bancorp
EWBC
$18.2B
| $3.82M | 0.02% |
119,700
-8,400
| -7% | -$254K |
|
688
Mercado Libre
MELI
$98.1B
| $3.82M | 0.02% |
28,300
-1,600
| -5% | -$192K |
|
689
Jack Henry & Associates
JKHY
$11B
| $3.8M | 0.02% |
73,700
-3,500
| -5% | -$175K |
|
690
Owens Corning
OC
$12.5B
| $3.8M | 0.02% |
100,000
-1,600
| -2% | -$62.4K |
|
691
Essential Utilities
WTRG
$11.3B
| $3.79M | 0.02% |
153,425
-7,325
| -5% | -$187K |
|
|
PNRA
692
DELISTED
Panera Bread Co
PNRA
| $3.77M | 0.02% |
23,800
-1,400
| -6% | -$243K |
|
693
Nordson
NDSN
$17.4B
| $3.77M | 0.02% |
51,200
-2,600
| -5% | -$187K |
|
694
Revvity
RVTY
$13B
| $3.76M | 0.02% |
99,700
-6,000
| -6% | -$215K |
|
|
SBNY
695
DELISTED
Signature Bank
SBNY
| $3.75M | 0.02% |
41,000
-2,000
| -5% | -$180K |
|
|
PDCO
696
DELISTED
Patterson Companies, Inc.
PDCO
| $3.7M | 0.02% |
92,058
+1,700
| +2% | +$68.9K |
|
697
Tenet Healthcare
THC
$21.1B
| $3.69M | 0.02% |
89,700
-5,400
| -6% | -$226K |
|
|
GWR
698
DELISTED
Genesee & Wyoming Inc.
GWR
| $3.68M | 0.02% |
39,600
-2,000
| -5% | -$181K |
|
|
TCO
699
DELISTED
Taubman Centers Inc.
TCO
| $3.67M | 0.02% |
54,600
-2,500
| -4% | -$179K |
|
700
Alkermes
ALKS
$8.29B
| $3.67M | 0.02% |
109,100
-4,700
| -4% | -$153K |
|
Similar funds
Swiss National Bank's Q3 2013 Portfolio in Review
As of Q3 2013, Swiss National Bank held 2,511 positions worth $24B, up 5.4% from $22.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 1.6%. Swiss National Bank opened 11 new positions and exited 29, leaving the 2,511-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Healthcare and Energy.
- Swiss National Bank's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 1,663,399 shares worth $55.7M.
- Swiss National Bank added most to Alphabet (Google) Class C in Q3 2013, an estimated $8.25M increase.
- Swiss National Bank's biggest Q3 2013 reduction was Mellanox Technologies, Ltd., cutting an estimated $4.12M.
- Swiss National Bank fully exited Berkshire Hathaway Class B in Q3 2013, selling an estimated $127M.
- Swiss National Bank's ten largest holdings make up 14% of its $24B portfolio in Q3 2013.
- Swiss National Bank opened 11 new positions and closed 29 in Q3 2013.
- Swiss National Bank's portfolio value rose 5.4% quarter-over-quarter to $24B.
Based on Swiss National Bank's 13F filing for Q3 2013, filed 29 Oct 2013.