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
|
+$62.7M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$43.7M |
| 3 |
AvalonBay Communities
AVB
|
+$36.7M |
| 4 |
Simon Property Group
SPG
|
+$36.4M |
| 5 |
AGNC Investment
AGNC
|
+$35.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$52.7M |
| 2 |
Cencora
COR
|
+$39.6M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
+$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
+$30M |
| 5 |
Ecolab
ECL
|
+$29.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.5% |
| 3 | Industrials | 10.63% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
676
Teleflex
TFX
$5.89B
| $6.6M | 0.02% |
48,700
+900
| +2% | +$114K |
|
677
Carter's
CRI
$1.48B
| $6.54M | 0.02% |
61,500
+1,000
| +2% | +$100K |
|
678
Zebra Technologies
ZBRA
$17.9B
| $6.52M | 0.02% |
58,746
+2,346
| +4% | +$243K |
|
679
Omega Healthcare
OHI
$14.4B
| $6.52M | 0.02% |
189,858
+32,958
| +21% | +$1.21M |
|
|
HUB.B
680
DELISTED
HUBBELL INC CL-B
HUB.B
| $6.52M | 0.02% |
60,200
+600
| +1% | +$66K |
|
681
Mid-America Apartment Communities
MAA
$15.4B
| $6.42M | 0.02% |
88,244
+1,600
| +2% | +$121K |
|
|
GAS
682
DELISTED
AGL Resources Inc
GAS
| $6.42M | 0.02% |
137,900
+2,600
| +2% | +$128K |
|
|
CLR
683
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $6.36M | 0.02% |
150,056
+8,600
| +6% | +$409K |
|
684
Huntington Ingalls Industries
HII
$13B
| $6.34M | 0.02% |
56,300
+1,500
| +3% | +$191K |
|
|
DNKN
685
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $6.33M | 0.02% |
115,100
-4,000
| -3% | -$207K |
|
686
A.O. Smith
AOS
$8.48B
| $6.32M | 0.02% |
175,600
+2,800
| +2% | +$96.5K |
|
687
Keysight
KEYS
$57.3B
| $6.25M | 0.02% |
200,336
+10,900
| +6% | +$373K |
|
688
Jack Henry & Associates
JKHY
$11B
| $6.24M | 0.02% |
96,500
+1,400
| +1% | +$92.9K |
|
|
BLUE
689
DELISTED
bluebird bio
BLUE
| $6.23M | 0.02% |
2,857
+487
| +21% | +$992K |
|
|
OPLN
690
Openlane
OPLN
$4.58B
| $6.2M | 0.02% |
438,044
+19,023
| +5% | +$272K |
|
|
INFA
691
DELISTED
INFORMATICA CORP
INFA
| $6.18M | 0.02% |
127,500
+6,000
| +5% | +$289K |
|
692
NVR
NVR
$16.8B
| $6.14M | 0.02% |
4,580
-120
| -3% | -$162K |
|
693
Axalta
AXTA
$8.01B
| $6.13M | 0.02% |
+185,400
| New | +$6.12M |
|
|
NRF
694
DELISTED
NorthStar Realty Finance Corp.
NRF
| $6.13M | 0.02% |
192,675
+7,300
| +4% | +$263K |
|
|
LVNTA
695
DELISTED
Liberty Interactive Corporation Series A Liberty Ventures
LVNTA
| $6.11M | 0.02% |
155,457
+2,700
| +2% | +$113K |
|
|
RCPT
696
DELISTED
RECEPTOS INC COM STK (DE)
RCPT
| $6.05M | 0.02% |
31,840
+2,300
| +8% | +$380K |
|
697
Urban Outfitters
URBN
$6.81B
| $5.98M | 0.02% |
170,843
+7,600
| +5% | +$294K |
|
|
PF
698
DELISTED
Pinnacle Foods, Inc.
PF
| $5.96M | 0.02% |
130,980
+4,700
| +4% | +$199K |
|
699
Atmos Energy
ATO
$28.4B
| $5.92M | 0.02% |
115,400
+2,500
| +2% | +$134K |
|
|
BRCD
700
DELISTED
Brocade Communications Systems, Inc. NEW
BRCD
| $5.92M | 0.02% |
497,900
+16,000
| +3% | +$194K |
|
Similar funds
Swiss National Bank's Q2 2015 Portfolio in Review
As of Q2 2015, Swiss National Bank held 2,650 positions worth $38.6B, up 3% from $37.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Swiss National Bank deployed $1.55B of net new capital in Q2 2015, opening 104 new positions and adding to 1,775 existing holdings. Its largest new stake was Aramark: 434,198 shares worth $9.71M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Qualcomm, an estimated $52.7M trimmed.
- Swiss National Bank's largest Q2 2015 buy was Aramark: 434,198 shares worth $9.71M.
- Swiss National Bank added most to Apple in Q2 2015, an estimated $62.7M increase.
- Swiss National Bank's biggest Q2 2015 reduction was Qualcomm, cutting an estimated $52.7M.
- Swiss National Bank fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $35.8M.
- Swiss National Bank's ten largest holdings make up 14% of its $38.6B portfolio in Q2 2015.
- Swiss National Bank opened 104 new positions and closed 70 in Q2 2015.
- Swiss National Bank's portfolio value rose 3% quarter-over-quarter to $38.6B.
Based on Swiss National Bank's 13F filing for Q2 2015, filed 5 Aug 2015.