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
|
+$411M |
| 2 |
Microsoft
MSFT
|
+$309M |
| 3 |
ExxonMobil
XOM
|
+$258M |
| 4 |
Johnson & Johnson
JNJ
|
+$221M |
| 5 |
GE Aerospace
GE
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
+$54.7M |
| 4 |
Stellantis
STLA
|
+$25.2M |
| 5 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
+$20M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.83% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.31% |
| 5 | Industrials | 10.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
851
Westlake Corp
WLK
$10.2B
| $5.26M | 0.01% |
118,500
+34,900
| +42% | +$1.58M |
|
852
Curtiss-Wright
CW
$25.4B
| $5.25M | 0.01% |
71,900
+13,200
| +22% | +$916K |
|
|
PAY
853
DELISTED
Verifone Systems Inc
PAY
| $5.24M | 0.01% |
192,164
+44,264
| +30% | +$1.09M |
|
854
Take-Two Interactive
TTWO
$45.2B
| $5.23M | 0.01% |
143,600
+27,200
| +23% | +$942K |
|
|
HRC
855
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $5.21M | 0.01% |
107,400
+32,400
| +43% | +$1.53M |
|
|
VSTO
856
DELISTED
Vista Outdoor Inc.
VSTO
| $5.21M | 0.01% |
103,900
+19,300
| +23% | +$931K |
|
|
AWH
857
DELISTED
Allied World Assurance Co Hld Lt
AWH
| $5.21M | 0.01% |
154,172
+29,700
| +24% | +$1.02M |
|
858
Bruker
BRKR
$8.83B
| $5.2M | 0.01% |
192,400
+37,600
| +24% | +$937K |
|
|
KATE
859
DELISTED
Kate Spade & Company
KATE
| $5.19M | 0.01% |
210,700
+41,700
| +25% | +$820K |
|
|
PPS
860
DELISTED
Post Properties
PPS
| $5.17M | 0.01% |
89,700
+17,600
| +24% | +$1M |
|
|
CONE
861
DELISTED
CyrusOne Inc Common Stock
CONE
| $5.17M | 0.01% |
117,199
+33,915
| +41% | +$1.3M |
|
862
PBF Energy
PBF
$8.81B
| $5.16M | 0.01% |
161,100
+33,800
| +27% | +$1.08M |
|
863
WEX
WEX
$6.78B
| $5.14M | 0.01% |
63,826
+12,500
| +24% | +$904K |
|
|
JCP
864
DELISTED
J.C. Penney Company, Inc.
JCP
| $5.12M | 0.01% |
480,000
+96,500
| +25% | +$845K |
|
|
HR
865
DELISTED
Healthcare Realty Trust Incorporated
HR
| $5.11M | 0.01% |
171,300
+33,100
| +24% | +$962K |
|
866
EPAM Systems
EPAM
$5.24B
| $5.11M | 0.01% |
70,862
+14,000
| +25% | +$967K |
|
867
Antero Resources
AR
$11.3B
| $5.11M | 0.01% |
214,200
+63,900
| +43% | +$1.54M |
|
868
ONE Gas
OGS
$5.09B
| $5.06M | 0.01% |
85,813
+16,500
| +24% | +$931K |
|
869
Cognex
CGNX
$10.4B
| $5.06M | 0.01% |
269,102
+48,800
| +22% | +$851K |
|
|
AL
870
DELISTED
Air Lease Corp
AL
| $5.05M | 0.01% |
162,900
+30,600
| +23% | +$869K |
|
871
Prosperity Bancshares
PB
$8.97B
| $5.05M | 0.01% |
112,750
+21,700
| +24% | +$917K |
|
872
Rayonier
RYN
$6.54B
| $5.05M | 0.01% |
233,452
+41,334
| +22% | +$805K |
|
873
New Jersey Resources
NJR
$5.64B
| $5.02M | 0.01% |
142,600
+31,800
| +29% | +$1.1M |
|
874
American Eagle Outfitters
AEO
$2.73B
| $5.01M | 0.01% |
311,300
+61,600
| +25% | +$927K |
|
|
WUBA
875
DELISTED
58.com Inc
WUBA
| $5M | 0.01% |
89,883
+36,749
| +69% | +$2.03M |
|
Similar funds
Swiss National Bank's Q1 2016 Portfolio in Review
As of Q1 2016, Swiss National Bank held 2,649 positions worth $54.5B, up 32% from $41.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $13.6B of net new capital in Q1 2016, opening 6 new positions and adding to 2,585 existing holdings. Its largest new stake was Ferrari: 823,472 shares worth $32.9M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Stellantis, an estimated $25.2M trimmed.
- Swiss National Bank's largest Q1 2016 buy was Ferrari: 823,472 shares worth $32.9M.
- Swiss National Bank added most to Apple in Q1 2016, an estimated $411M increase.
- Swiss National Bank's biggest Q1 2016 reduction was Stellantis, cutting an estimated $25.2M.
- Swiss National Bank fully exited BROADCOM CORP CL-A in Q1 2016, selling an estimated $58.7M.
- Swiss National Bank's ten largest holdings make up 15% of its $54.5B portfolio in Q1 2016.
- Swiss National Bank opened 6 new positions and closed 38 in Q1 2016.
- Swiss National Bank's portfolio value rose 32% quarter-over-quarter to $54.5B.
Based on Swiss National Bank's 13F filing for Q1 2016, filed 4 May 2016.