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 | |
|---|---|---|---|---|---|---|
801
WEX
WEX
$6.47B
| $4.18M | 0.02% |
42,300
+1,000
| +2% | +$107K |
|
802
Align Technology
ALGN
$12.3B
| $4.18M | 0.02% |
74,800
+1,100
| +1% | +$58.2K |
|
|
NFX
803
DELISTED
Newfield Exploration
NFX
| $4.18M | 0.02% |
154,192
+7,400
| +5% | +$220K |
|
|
SNV
804
DELISTED
Synovus
SNV
| $4.18M | 0.02% |
154,171
+3,400
| +2% | +$85.9K |
|
805
United Natural Foods
UNFI
$2.85B
| $4.18M | 0.02% |
54,000
+1,200
| +2% | +$84.8K |
|
806
ITT
ITT
$19.5B
| $4.16M | 0.02% |
102,700
+2,200
| +2% | +$91.9K |
|
807
Cinemark Holdings
CNK
$4.28B
| $4.14M | 0.02% |
116,500
+2,800
| +2% | +$97.1K |
|
808
Prosperity Bancshares
PB
$8.87B
| $4.14M | 0.02% |
74,850
+4,000
| +6% | +$227K |
|
809
Toro Company
TTC
$9.47B
| $4.13M | 0.02% |
129,400
+1,400
| +1% | +$43.2K |
|
810
O-I Glass
OI
$1.1B
| $4.11M | 0.02% |
152,428
-5,700
| -4% | -$146K |
|
|
VR
811
DELISTED
Validus Hold Ltd
VR
| $4.11M | 0.02% |
98,900
+2,200
| +2% | +$88.9K |
|
|
DNB
812
DELISTED
Dun & Bradstreet
DNB
| $4.1M | 0.02% |
33,878
-1,600
| -5% | -$193K |
|
813
Tanger
SKT
$4.46B
| $4.08M | 0.02% |
110,500
+2,300
| +2% | +$82.2K |
|
|
TWO
814
Two Harbors Investment
TWO
$1.26B
| $4.07M | 0.02% |
50,800
+1,150
| +2% | +$93.4K |
|
815
CNO Financial Group
CNO
$5.11B
| $4.06M | 0.02% |
235,900
+1,000
| +0.4% | +$17.2K |
|
|
GPOR
816
DELISTED
Gulfport Energy Corp.
GPOR
| $4.06M | 0.02% |
97,200
+4,700
| +5% | +$220K |
|
|
RFMD
817
DELISTED
RF MICRO DEVICES INC
RFMD
| $4.06M | 0.02% |
244,500
-61,700
| -20% | -$824K |
|
818
Maximus
MMS
$2.86B
| $4.05M | 0.02% |
73,800
+1,100
| +2% | +$53.5K |
|
819
Old Republic International
ORI
$10.3B
| $4.05M | 0.02% |
276,600
+6,400
| +2% | +$93.5K |
|
820
Groupon
GRPN
$884M
| $4.04M | 0.02% |
24,478
+180
| +0.7% | +$25.6K |
|
|
UMPQ
821
DELISTED
Umpqua Holdings Corp
UMPQ
| $4.04M | 0.02% |
237,525
+23,200
| +11% | +$393K |
|
822
Teledyne Technologies
TDY
$31.4B
| $4.04M | 0.02% |
39,300
+800
| +2% | +$81K |
|
823
LPL Financial
LPLA
$29.5B
| $4.04M | 0.02% |
90,600
+1,900
| +2% | +$81.7K |
|
824
First American
FAF
$7.42B
| $4.03M | 0.02% |
118,800
+2,800
| +2% | +$85.8K |
|
825
Flowers Foods
FLO
$1.53B
| $4.03M | 0.02% |
209,850
+4,900
| +2% | +$92.6K |
|
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.