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 |
Dow Inc
DOW
|
+$132M |
| 2 |
Newmont
NEM
|
+$67.7M |
| 3 |
Corteva
CTVA
|
+$65.9M |
| 4 |
Amcor
AMCR
|
+$58.2M |
| 5 |
Alibaba
BABA
|
+$48.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$128M |
| 2 |
Apple
AAPL
|
+$93M |
| 3 |
GG
Goldcorp Inc
GG
|
+$78.3M |
| 4 |
Microsoft
MSFT
|
+$73.5M |
| 5 |
Pfizer
PFE
|
+$52.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.91% |
| 2 | Healthcare | 14.68% |
| 3 | Consumer Discretionary | 11.95% |
| 4 | Communication Services | 10.15% |
| 5 | Industrials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
951
Sabra Healthcare REIT
SBRA
$5.1B
| $6.53M | 0.01% |
331,741
+6,800
| +2% | +$132K |
|
952
Omnicell
OMCL
$1.68B
| $6.53M | 0.01% |
75,900
+3,700
| +5% | +$301K |
|
|
VRNT
953
DELISTED
Verint Systems
VRNT
| $6.53M | 0.01% |
238,308
+6,085
| +3% | +$183K |
|
954
Galicia Financial Group
GGAL
$7.06B
| $6.53M | 0.01% |
+183,803
| New | +$4.93M |
|
955
LivaNova
LIVN
$4.34B
| $6.52M | 0.01% |
90,619
+1,900
| +2% | +$139K |
|
956
Timken Company
TKR
$8.93B
| $6.51M | 0.01% |
126,900
+800
| +0.6% | +$38.2K |
|
957
Regal Rexnord
RRX
$11.5B
| $6.51M | 0.01% |
79,622
+1,000
| +1% | +$80.6K |
|
958
Goodyear
GT
$1.76B
| $6.5M | 0.01% |
425,000
-353,800
| -45% | -$5.97M |
|
959
Cracker Barrel
CBRL
$1.27B
| $6.5M | 0.01% |
38,050
+3,000
| +9% | +$491K |
|
960
Banco Macro
BMA
$5.14B
| $6.49M | 0.01% |
+89,138
| New | +$4.6M |
|
961
First Hawaiian
FHB
$3.35B
| $6.49M | 0.01% |
250,967
+5,100
| +2% | +$135K |
|
962
Tencent Music
TME
$14.3B
| $6.48M | 0.01% |
432,231
+168,556
| +64% | +$2.66M |
|
|
KYNB
963
Kyntra Bio
KYNB
$28.9M
| $6.47M | 0.01% |
5,732
+156
| +3% | +$171K |
|
964
Associated Banc-Corp
ASB
$6.01B
| $6.46M | 0.01% |
305,740
+3,600
| +1% | +$78.1K |
|
|
PSB
965
DELISTED
PS Business Parks, Inc.
PSB
| $6.44M | 0.01% |
38,208
+800
| +2% | +$128K |
|
|
PRSP
966
DELISTED
Perspecta Inc. Common Stock
PRSP
| $6.41M | 0.01% |
273,800
+4,000
| +1% | +$89.9K |
|
|
JOBS
967
DELISTED
51job Inc
JOBS
| $6.41M | 0.01% |
84,841
+28,421
| +50% | +$2.27M |
|
968
Bank of Hawaii
BOH
$3.13B
| $6.4M | 0.01% |
77,237
+1,200
| +2% | +$96.5K |
|
969
Glacier Bancorp
GBCI
$6.38B
| $6.38M | 0.01% |
157,300
+3,300
| +2% | +$135K |
|
970
Hancock Whitney
HWC
$6.28B
| $6.35M | 0.01% |
158,500
+3,300
| +2% | +$136K |
|
|
SGI
971
Somnigroup International
SGI
$13.7B
| $6.34M | 0.01% |
345,600
+8,000
| +2% | +$129K |
|
972
STAG Industrial
STAG
$7.1B
| $6.33M | 0.01% |
209,300
+10,800
| +5% | +$321K |
|
973
Ultragenyx Pharmaceutical
RARE
$2.66B
| $6.33M | 0.01% |
99,652
+1,400
| +1% | +$89.1K |
|
974
Repligen
RGEN
$9.39B
| $6.32M | 0.01% |
73,500
+5,600
| +8% | +$382K |
|
|
WWE
975
DELISTED
World Wrestling Entertainment
WWE
| $6.31M | 0.01% |
87,400
+16,200
| +23% | +$1.33M |
|
Similar funds
Swiss National Bank's Q2 2019 Portfolio in Review
As of Q2 2019, Swiss National Bank held 2,619 positions worth $92.7B, up 1.7% from $91.2B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Swiss National Bank's Q2 2019 filing shows 112 new, 1,554 increased, 696 reduced and 65 closed positions. Its largest new stake was Dow Inc: 2,494,044 shares worth $123M. The largest sale was DuPont de Nemours, an estimated $128M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2019 buy was Dow Inc: 2,494,044 shares worth $123M.
- Swiss National Bank added most to Newmont in Q2 2019, an estimated $67.7M increase.
- Swiss National Bank's biggest Q2 2019 reduction was DuPont de Nemours, cutting an estimated $128M.
- Swiss National Bank fully exited Goldcorp Inc in Q2 2019, selling an estimated $78.3M.
- Swiss National Bank's ten largest holdings make up 18% of its $92.7B portfolio in Q2 2019.
- Swiss National Bank opened 112 new positions and closed 65 in Q2 2019.
- Swiss National Bank's portfolio value rose 1.7% quarter-over-quarter to $92.7B.
Based on Swiss National Bank's 13F filing for Q2 2019, filed 2 Aug 2019.