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 |
Stellantis
STLA
|
+$58.6M |
| 2 |
B
Barrick Mining
B
|
+$42.7M |
| 3 |
Henry Schein
HSIC
|
+$41.4M |
| 4 |
Qualcomm
QCOM
|
+$28.7M |
| 5 |
Republic Services
RSG
|
+$28.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KMR
KINDER MORGAN MANAGEMENT LLC
KMR
|
+$64.4M |
| 2 |
General Dynamics
GD
|
+$35.5M |
| 3 |
THI
TIM HORTONS INC COM, CANADA
THI
|
+$31.8M |
| 4 |
Apple
AAPL
|
+$30.2M |
| 5 |
Johnson & Johnson
JNJ
|
+$30M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.42% |
| 2 | Technology | 13.9% |
| 3 | Industrials | 10.95% |
| 4 | Consumer Staples | 10.07% |
| 5 | Energy | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
WPG
1026
DELISTED
Washington Prime Group Inc.
WPG
| $2.92M | 0.01% |
18,840
+400
| +2% | +$61.9K |
|
1027
SPX Corp
SPXC
$10.9B
| $2.92M | 0.01% |
134,923
-7,942
| -6% | -$178K |
|
|
SPN
1028
DELISTED
Superior Energy Services, Inc.
SPN
| $2.91M | 0.01% |
14,430
-650
| -4% | -$152K |
|
1029
American Homes 4 Rent
AMH
$12.2B
| $2.91M | 0.01% |
170,616
+3,800
| +2% | +$65K |
|
|
HSNI
1030
DELISTED
HSN, Inc.
HSNI
| $2.9M | 0.01% |
38,200
+300
| +0.8% | +$20.8K |
|
|
CLNY
1031
DELISTED
Colony Capital, Inc.
CLNY
| $2.89M | 0.01% |
121,500
+4,500
| +4% | +$105K |
|
|
BID
1032
DELISTED
Sotheby's
BID
| $2.89M | 0.01% |
67,000
+1,500
| +2% | +$59.2K |
|
1033
Hancock Whitney
HWC
$6.28B
| $2.89M | 0.01% |
94,100
+1,600
| +2% | +$52K |
|
1034
SM Energy
SM
$7.73B
| $2.89M | 0.01% |
74,800
+1,900
| +3% | +$95.2K |
|
|
PRA
1035
DELISTED
ProAssurance
PRA
| $2.88M | 0.01% |
63,900
+600
| +0.9% | +$27.4K |
|
1036
RB Global
RBA
$16.6B
| $2.88M | 0.01% |
107,100
+7,500
| +8% | +$186K |
|
1037
Stantec
STN
$8.5B
| $2.88M | 0.01% |
104,600
+2,400
| +2% | +$71.3K |
|
|
STRZA
1038
DELISTED
Starz - Series A
STRZA
| $2.88M | 0.01% |
96,942
+500
| +0.5% | +$15.4K |
|
|
SWFT
1039
DELISTED
Swift Transportation Company
SWFT
| $2.88M | 0.01% |
100,500
+3,600
| +4% | +$91.9K |
|
1040
Carpenter Technology
CRS
$26.7B
| $2.86M | 0.01% |
58,100
+1,300
| +2% | +$62.7K |
|
|
JNS
1041
DELISTED
Janus Capital Group Inc
JNS
| $2.86M | 0.01% |
177,400
+2,400
| +1% | +$36.1K |
|
1042
Bank of Hawaii
BOH
$3.13B
| $2.86M | 0.01% |
48,200
+900
| +2% | +$51.9K |
|
1043
Insulet
PODD
$10B
| $2.86M | 0.01% |
62,000
+1,800
| +3% | +$77K |
|
|
PVTB
1044
DELISTED
PrivateBancorp Inc
PVTB
| $2.85M | 0.01% |
85,300
+4,800
| +6% | +$150K |
|
1045
New Jersey Resources
NJR
$5.55B
| $2.84M | 0.01% |
92,800
+2,200
| +2% | +$62.5K |
|
|
TCF
1046
DELISTED
TCF Financial Corporation
TCF
| $2.83M | 0.01% |
178,400
+4,100
| +2% | +$63.1K |
|
1047
Minerals Technologies
MTX
$2.3B
| $2.83M | 0.01% |
40,800
+800
| +2% | +$55.6K |
|
1048
Myriad Genetics
MYGN
$308M
| $2.83M | 0.01% |
83,200
| – | – |
|
|
KS
1049
DELISTED
KapStone Paper and Pack Corp.
KS
| $2.83M | 0.01% |
96,600
+2,100
| +2% | +$61.1K |
|
1050
COPT Defense Properties
CDP
$4.13B
| $2.82M | 0.01% |
99,500
+6,400
| +7% | +$176K |
|
Similar funds
Swiss National Bank's Q4 2014 Portfolio in Review
As of Q4 2014, Swiss National Bank held 2,649 positions worth $26.7B, up 2.3% from $26.1B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Swiss National Bank's Q4 2014 filing shows 120 new, 1,249 increased, 564 reduced and 81 closed positions. Its largest new stake was Stellantis: 7,902,518 shares worth $59.9M. The largest sale was KINDER MORGAN MANAGEMENT LLC, an estimated $64.4M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 14% a quarter earlier, followed by Technology and Industrials.
- Swiss National Bank's largest Q4 2014 buy was Stellantis: 7,902,518 shares worth $59.9M.
- Swiss National Bank added most to Barrick Mining in Q4 2014, an estimated $42.7M increase.
- Swiss National Bank's biggest Q4 2014 reduction was Apple, cutting an estimated $30.2M.
- Swiss National Bank fully exited KINDER MORGAN MANAGEMENT LLC in Q4 2014, selling an estimated $64.4M.
- Swiss National Bank's ten largest holdings make up 13% of its $26.7B portfolio in Q4 2014.
- Swiss National Bank opened 120 new positions and closed 81 in Q4 2014.
- Swiss National Bank's portfolio value rose 2.3% quarter-over-quarter to $26.7B.
Based on Swiss National Bank's 13F filing for Q4 2014, filed 3 Feb 2015.