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 |
AGN
Allergan plc
AGN
|
+$18.3M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$16.5M |
| 3 |
ICL Group
ICL
|
+$11.3M |
| 4 |
Liberty Media Series C
FWONK
|
+$9.18M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
+$6.08M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$23.7M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$23.5M |
| 3 |
ExxonMobil
XOM
|
+$11.1M |
| 4 |
IBM
IBM
|
+$8.88M |
| 5 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$8.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.81% |
| 2 | Technology | 13.76% |
| 3 | Energy | 11.48% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AXLL
1026
DELISTED
AXIALL CORP COM STK (DE)
AXLL
| $2.72M | 0.01% |
75,900
-1,600
| -2% | -$67.7K |
|
|
BIG
1027
DELISTED
Big Lots, Inc.
BIG
| $2.71M | 0.01% |
63,000
-1,500
| -2% | -$68.2K |
|
1028
Manhattan Associates
MANH
$11.4B
| $2.71M | 0.01% |
81,000
-2,800
| -3% | -$87.6K |
|
|
TCF
1029
DELISTED
TCF Financial Corporation
TCF
| $2.71M | 0.01% |
174,300
-2,500
| -1% | -$39.9K |
|
|
BRS
1030
DELISTED
Bristow Group, Inc.
BRS
| $2.7M | 0.01% |
40,200
-1,200
| -3% | -$86.8K |
|
1031
Cousins Properties
CUZ
$4.83B
| $2.7M | 0.01% |
79,990
+10,876
| +16% | +$387K |
|
1032
Bank of Hawaii
BOH
$3.13B
| $2.69M | 0.01% |
47,300
-1,200
| -2% | -$69.5K |
|
|
CVSA
1033
Covista Inc
CVSA
$4.31B
| $2.68M | 0.01% |
62,700
-1,000
| -2% | -$42.5K |
|
|
ENH
1034
DELISTED
Endurance Specialty Holdings Ltd
ENH
| $2.68M | 0.01% |
48,500
-800
| -2% | -$44.3K |
|
|
TIME
1035
DELISTED
Time Inc.
TIME
| $2.67M | 0.01% |
114,158
-8,900
| -7% | -$214K |
|
1036
KBR
KBR
$4.74B
| $2.66M | 0.01% |
141,333
-3,100
| -2% | -$67.3K |
|
1037
Thor Industries
THO
$4.23B
| $2.66M | 0.01% |
51,600
-900
| -2% | -$48.2K |
|
|
KS
1038
DELISTED
KapStone Paper and Pack Corp.
KS
| $2.64M | 0.01% |
94,500
-1,800
| -2% | -$54.7K |
|
|
CLGX
1039
DELISTED
Corelogic, Inc.
CLGX
| $2.64M | 0.01% |
97,600
-1,200
| -1% | -$33.8K |
|
|
QLIK
1040
DELISTED
QLIK TECHNOLOGIES INC COM STK (DE)
QLIK
| $2.64M | 0.01% |
97,600
-1,500
| -2% | -$39.3K |
|
|
LSI
1041
DELISTED
Life Storage, Inc.
LSI
| $2.63M | 0.01% |
52,950
-600
| -1% | -$30.8K |
|
|
CLNY
1042
DELISTED
Colony Capital, Inc.
CLNY
| $2.62M | 0.01% |
117,000
+11,800
| +11% | +$266K |
|
|
LTRPA
1043
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $2.61M | 0.01% |
+77,052
| New | +$2.69M |
|
|
MRC
1044
DELISTED
MRC Global
MRC
| $2.61M | 0.01% |
111,949
-2,400
| -2% | -$61.7K |
|
1045
Pebblebrook Hotel Trust
PEB
$2.01B
| $2.61M | 0.01% |
69,900
-1,400
| -2% | -$52.8K |
|
|
DCT
1046
DELISTED
DCT Industrial Trust Inc.
DCT
| $2.61M | 0.01% |
86,850
-800
| -0.9% | -$25.3K |
|
|
SIX
1047
DELISTED
Six Flags Entertainment Corp.
SIX
| $2.61M | 0.01% |
75,800
-1,100
| -1% | -$41.4K |
|
|
HRC
1048
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $2.6M | 0.01% |
62,800
-1,200
| -2% | -$50.4K |
|
1049
Bank OZK
OZK
$5.66B
| $2.6M | 0.01% |
82,500
+9,700
| +13% | +$313K |
|
|
BDN
1050
Brandywine Realty Trust
BDN
$534M
| $2.59M | 0.01% |
184,100
+12,200
| +7% | +$189K |
|
Similar funds
Swiss National Bank's Q3 2014 Portfolio in Review
As of Q3 2014, Swiss National Bank held 2,547 positions worth $26.1B, down 3.5% from $27B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 1.3%. Swiss National Bank opened 15 new positions and exited 18, leaving the 2,547-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 13% a quarter earlier, followed by Technology and Energy.
- Swiss National Bank's largest Q3 2014 buy was Weatherford International plc: 735,946 shares worth $15.3M.
- Swiss National Bank added most to Allergan plc in Q3 2014, an estimated $18.3M increase.
- Swiss National Bank's biggest Q3 2014 reduction was Apple, cutting an estimated $23.7M.
- Swiss National Bank fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $23.5M.
- Swiss National Bank's ten largest holdings make up 14% of its $26.1B portfolio in Q3 2014.
- Swiss National Bank opened 15 new positions and closed 18 in Q3 2014.
- Swiss National Bank's portfolio value fell 3.5% quarter-over-quarter to $26.1B.
Based on Swiss National Bank's 13F filing for Q3 2014, filed 4 Nov 2014.