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
|
+$106M |
| 2 |
NXP Semiconductors
NXPI
|
+$93.6M |
| 3 |
Alibaba
BABA
|
+$90M |
| 4 |
ExxonMobil
XOM
|
+$83.7M |
| 5 |
Charter Communications
CHTR
|
+$82.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brookfield
BN
|
+$162M |
| 2 |
B
Barrick Mining
B
|
+$156M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$144M |
| 4 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$65.4M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$38M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.13% |
| 2 | Technology | 14.52% |
| 3 | Consumer Staples | 10.68% |
| 4 | Consumer Discretionary | 10.21% |
| 5 | Industrials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CY
826
DELISTED
Cypress Semiconductor
CY
| $5.82M | 0.01% |
552,045
| – | – |
|
827
Prosperity Bancshares
PB
$8.84B
| $5.82M | 0.01% |
114,150
+1,400
| +1% | +$70.4K |
|
828
Euronet Worldwide
EEFT
$2.66B
| $5.82M | 0.01% |
84,100
+800
| +1% | +$60.9K |
|
829
Cognex
CGNX
$11B
| $5.8M | 0.01% |
269,102
| – | – |
|
830
Advanced Micro Devices
AMD
$763B
| $5.79M | 0.01% |
1,125,653
+9,300
| +0.8% | +$36.1K |
|
831
Encompass Health
EHC
$12.5B
| $5.78M | 0.01% |
187,293
-2,388
| -1% | -$74.7K |
|
|
SGI
832
Somnigroup International
SGI
$14.1B
| $5.76M | 0.01% |
416,800
+2,800
| +0.7% | +$41.3K |
|
|
UMPQ
833
DELISTED
Umpqua Holdings Corp
UMPQ
| $5.76M | 0.01% |
372,225
| – | – |
|
834
ONE Gas
OGS
$4.99B
| $5.75M | 0.01% |
86,413
+600
| +0.7% | +$36.2K |
|
835
World Kinect Corp
WKC
$1.91B
| $5.73M | 0.01% |
120,700
+700
| +0.6% | +$32.6K |
|
836
BWX Technologies
BWXT
$15.7B
| $5.72M | 0.01% |
159,900
-9,200
| -5% | -$315K |
|
837
Pitney Bowes
PBI
$2.34B
| $5.71M | 0.01% |
320,900
-7,200
| -2% | -$139K |
|
838
MSC Industrial Direct
MSM
$6.95B
| $5.69M | 0.01% |
80,600
| – | – |
|
839
WEX
WEX
$6.47B
| $5.69M | 0.01% |
64,126
+300
| +0.5% | +$26.8K |
|
|
CLGX
840
DELISTED
Corelogic, Inc.
CLGX
| $5.67M | 0.01% |
147,400
| – | – |
|
|
FMER
841
DELISTED
FIRSTMERIT CORP
FMER
| $5.64M | 0.01% |
278,178
| – | – |
|
|
PRXL
842
DELISTED
Parexel International Corp
PRXL
| $5.63M | 0.01% |
89,500
| – | – |
|
|
PVTB
843
DELISTED
PrivateBancorp Inc
PVTB
| $5.63M | 0.01% |
127,800
+600
| +0.5% | +$24.4K |
|
|
AZPN
844
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $5.58M | 0.01% |
138,800
| – | – |
|
845
Rayonier
RYN
$6.48B
| $5.56M | 0.01% |
233,452
| – | – |
|
|
GWR
846
DELISTED
Genesee & Wyoming Inc.
GWR
| $5.56M | 0.01% |
94,250
+500
| +0.5% | +$30.6K |
|
847
New Jersey Resources
NJR
$5.47B
| $5.53M | 0.01% |
143,500
+900
| +0.6% | +$32.5K |
|
848
Sprouts Farmers Market
SFM
$7.92B
| $5.53M | 0.01% |
241,450
-3,400
| -1% | -$87K |
|
849
Outfront Media
OUT
$5.29B
| $5.52M | 0.01% |
232,205
| – | – |
|
850
First Industrial Realty Trust
FR
$8.37B
| $5.52M | 0.01% |
198,400
| – | – |
|
Similar funds
Swiss National Bank's Q2 2016 Portfolio in Review
As of Q2 2016, Swiss National Bank held 2,670 positions worth $61.8B, up 13% from $54.5B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.47B of net new capital in Q2 2016, opening 59 new positions and adding to 1,417 existing holdings. Its largest new stake was Under Armour Class C: 522,612 shares worth $19M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 15% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the largest reduction was Kimberly-Clark, an estimated $19.6M trimmed.
- Swiss National Bank's largest Q2 2016 buy was Under Armour Class C: 522,612 shares worth $19M.
- Swiss National Bank added most to Apple in Q2 2016, an estimated $106M increase.
- Swiss National Bank's biggest Q2 2016 reduction was Kimberly-Clark, cutting an estimated $19.6M.
- Swiss National Bank fully exited Brookfield in Q2 2016, selling an estimated $162M.
- Swiss National Bank's ten largest holdings make up 15% of its $61.8B portfolio in Q2 2016.
- Swiss National Bank opened 59 new positions and closed 89 in Q2 2016.
- Swiss National Bank's portfolio value rose 13% quarter-over-quarter to $61.8B.
Based on Swiss National Bank's 13F filing for Q2 2016, filed 3 Aug 2016.