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
|
+$107M |
| 2 |
AT&T
T
|
+$86.3M |
| 3 |
PayPal
PYPL
|
+$82.6M |
| 4 |
Kraft Heinz
KHC
|
+$80.2M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$67.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$80.8M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$73.8M |
| 3 |
eBay
EBAY
|
+$73.2M |
| 4 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$50.9M |
| 5 |
FDO
FAMILY DOLLAR STORES
FDO
|
+$27.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.62% |
| 2 | Technology | 14.37% |
| 3 | Industrials | 10.62% |
| 4 | Consumer Discretionary | 10.32% |
| 5 | Consumer Staples | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
LPNT
876
DELISTED
LifePoint Health, Inc.
LPNT
| $4.16M | 0.01% |
58,600
+7,400
| +14% | +$600K |
|
877
SLM Corp
SLM
$5.22B
| $4.15M | 0.01% |
560,792
+73,200
| +15% | +$645K |
|
878
Sprouts Farmers Market
SFM
$7.71B
| $4.14M | 0.01% |
196,350
+25,200
| +15% | +$579K |
|
|
HMHC
879
DELISTED
Houghton Mifflin Harcourt Company
HMHC
| $4.14M | 0.01% |
203,800
+36,200
| +22% | +$863K |
|
|
PAY
880
DELISTED
Verifone Systems Inc
PAY
| $4.1M | 0.01% |
147,900
+19,200
| +15% | +$599K |
|
881
Healthcare Realty
HR
$6.58B
| $4.09M | 0.01% |
167,086
+21,000
| +14% | +$518K |
|
|
AL
882
DELISTED
Air Lease Corp
AL
| $4.09M | 0.01% |
132,300
+16,500
| +14% | +$549K |
|
883
Pool Corp
POOL
$7.29B
| $4.08M | 0.01% |
56,400
+7,200
| +15% | +$508K |
|
884
U-Haul Holding Co
UHAL
$14.4B
| $4.08M | 0.01% |
103,590
+16,590
| +19% | +$603K |
|
885
Radian Group
RDN
$4.92B
| $4.07M | 0.01% |
255,650
+32,300
| +14% | +$576K |
|
886
Synaptics
SYNA
$4.2B
| $4.06M | 0.01% |
49,200
+6,300
| +15% | +$476K |
|
|
MSCC
887
DELISTED
Microsemi Corp
MSCC
| $4.03M | 0.01% |
122,700
+16,000
| +15% | +$521K |
|
|
IDTI
888
DELISTED
Integrated Device Technology I
IDTI
| $4.01M | 0.01% |
197,800
+24,900
| +14% | +$487K |
|
889
Charles River Laboratories
CRL
$13.4B
| $4.01M | 0.01% |
63,200
+8,000
| +14% | +$574K |
|
890
CNX Resources
CNX
$5.23B
| $4M | 0.01% |
490,080
+44,040
| +10% | +$547K |
|
891
Teledyne Technologies
TDY
$31.2B
| $3.99M | 0.01% |
44,200
+5,600
| +15% | +$566K |
|
|
FEIC
892
DELISTED
FEI COMPANY
FEIC
| $3.99M | 0.01% |
54,600
+6,700
| +14% | +$528K |
|
893
Rithm Capital
RITM
$5.79B
| $3.97M | 0.01% |
303,205
+49,005
| +19% | +$723K |
|
894
MSC Industrial Direct
MSM
$6.77B
| $3.96M | 0.01% |
64,900
+7,900
| +14% | +$538K |
|
895
ITT
ITT
$19.4B
| $3.96M | 0.01% |
118,400
+12,800
| +12% | +$475K |
|
896
Watsco Inc
WSO
$12.9B
| $3.96M | 0.01% |
33,400
+4,400
| +15% | +$549K |
|
|
WGL
897
DELISTED
Wgl Holdings
WGL
| $3.96M | 0.01% |
68,600
+12,400
| +22% | +$682K |
|
|
BIN
898
DELISTED
PROGRESSIVE WASTE SOLUTIONS LTD COM
BIN
| $3.96M | 0.01% |
150,000
+18,800
| +14% | +$500K |
|
|
FMER
899
DELISTED
FIRSTMERIT CORP
FMER
| $3.94M | 0.01% |
223,278
+28,200
| +14% | +$529K |
|
900
Mercado Libre
MELI
$92.7B
| $3.94M | 0.01% |
43,300
+5,600
| +15% | +$660K |
|
Similar funds
Swiss National Bank's Q3 2015 Portfolio in Review
As of Q3 2015, Swiss National Bank held 2,599 positions worth $39B, up 0.96% from $38.6B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.52B of net new capital in Q3 2015, opening 19 new positions and adding to 2,500 existing holdings. Its largest new stake was PayPal: 2,306,091 shares worth $71.6M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was eBay, an estimated $73.2M trimmed.
- Swiss National Bank's largest Q3 2015 buy was PayPal: 2,306,091 shares worth $71.6M.
- Swiss National Bank added most to Apple in Q3 2015, an estimated $107M increase.
- Swiss National Bank's biggest Q3 2015 reduction was eBay, cutting an estimated $73.2M.
- Swiss National Bank fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $80.8M.
- Swiss National Bank's ten largest holdings make up 15% of its $39B portfolio in Q3 2015.
- Swiss National Bank opened 19 new positions and closed 31 in Q3 2015.
- Swiss National Bank's portfolio value rose 0.96% quarter-over-quarter to $39B.
Based on Swiss National Bank's 13F filing for Q3 2015, filed 4 Nov 2015.