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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$52.4M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$15M |
| 3 |
Capri Holdings
CPRI
|
+$14.5M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$8.25M |
| 5 |
Apple
AAPL
|
+$7.94M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$127M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$53M |
| 3 |
FON
SPRINT CORP FON COM
FON
|
+$22.5M |
| 4 |
NWS
THE NEWS CORPORATION LTD CL-B
NWS
|
+$15.3M |
| 5 |
BMC
BMC SOFTWARE, INC
BMC
|
+$6.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13% |
| 2 | Healthcare | 12.66% |
| 3 | Energy | 12.06% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Staples | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AAN.A
1101
DELISTED
The Aaron's Company Inc Class A
AAN.A
| $1.72M | 0.01% |
62,100
-2,500
| -4% | -$69.2K |
|
1102
Semtech
SMTC
$12.4B
| $1.72M | 0.01% |
57,300
-2,400
| -4% | -$75.6K |
|
|
POLY
1103
DELISTED
Plantronics, Inc.
POLY
| $1.72M | 0.01% |
37,300
-1,600
| -4% | -$73.2K |
|
|
HSNI
1104
DELISTED
HSN, Inc.
HSNI
| $1.72M | 0.01% |
32,000
-2,200
| -6% | -$126K |
|
|
TIVO
1105
DELISTED
Tivo Inc
TIVO
| $1.71M | 0.01% |
89,200
-5,300
| -6% | -$106K |
|
1106
New Jersey Resources
NJR
$5.64B
| $1.71M | 0.01% |
77,400
-7,400
| -9% | -$162K |
|
1107
Fair Isaac
FICO
$24B
| $1.7M | 0.01% |
30,800
-1,100
| -3% | -$56.4K |
|
1108
Yelp
YELP
$1.32B
| $1.7M | 0.01% |
25,700
+2,700
| +12% | +$138K |
|
1109
Pebblebrook Hotel Trust
PEB
$2.05B
| $1.7M | 0.01% |
59,200
+2,500
| +4% | +$68.3K |
|
1110
Opko Health
OPK
$1.04B
| $1.7M | 0.01% |
192,800
+62,900
| +48% | +$505K |
|
|
HITT
1111
DELISTED
HITTITE MICROWAVE CORP
HITT
| $1.7M | 0.01% |
26,000
-1,200
| -4% | -$74.4K |
|
|
CKH
1112
DELISTED
Seacor Holdings Inc.
CKH
| $1.69M | 0.01% |
19,336
+931
| +5% | +$78.2K |
|
1113
Ziff Davis
ZD
$1.92B
| $1.69M | 0.01% |
39,215
-2,185
| -5% | -$91.5K |
|
1114
Five Below
FIVE
$13.4B
| $1.69M | 0.01% |
38,559
+5,700
| +17% | +$229K |
|
|
SUNE
1115
DELISTED
SUNEDISON, INC COM
SUNE
| $1.69M | 0.01% |
211,400
+8,600
| +4% | +$71.3K |
|
1116
Armstrong World Industries
AWI
$7.68B
| $1.68M | 0.01% |
30,600
+6,200
| +25% | +$314K |
|
1117
Insulet
PODD
$10.2B
| $1.68M | 0.01% |
46,400
-2,400
| -5% | -$80.5K |
|
|
SJI
1118
DELISTED
South Jersey Industries, Inc.
SJI
| $1.68M | 0.01% |
57,400
+2,000
| +4% | +$59K |
|
|
VRNT
1119
DELISTED
Verint Systems
VRNT
| $1.68M | 0.01% |
88,924
-4,319
| -5% | -$79.1K |
|
1120
Cathay General Bancorp
CATY
$4.31B
| $1.68M | 0.01% |
71,700
+2,700
| +4% | +$62.4K |
|
1121
MidCap Financial Investment
MFIC
$811M
| $1.67M | 0.01% |
68,383
+3,000
| +5% | +$72.8K |
|
1122
Applied Industrial Technologies
AIT
$13.2B
| $1.67M | 0.01% |
32,400
-1,800
| -5% | -$91K |
|
1123
COPT Defense Properties
CDP
$4.23B
| $1.67M | 0.01% |
72,100
-1,000
| -1% | -$25K |
|
1124
Penske Automotive Group
PAG
$14.4B
| $1.67M | 0.01% |
39,000
-2,100
| -5% | -$80.4K |
|
1125
Valley National Bancorp
VLY
$8.3B
| $1.66M | 0.01% |
166,500
-8,900
| -5% | -$89.9K |
|
Similar funds
Swiss National Bank's Q3 2013 Portfolio in Review
As of Q3 2013, Swiss National Bank held 2,511 positions worth $24B, up 5.4% from $22.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 1.6%. Swiss National Bank opened 11 new positions and exited 29, leaving the 2,511-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Healthcare and Energy.
- Swiss National Bank's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 1,663,399 shares worth $55.7M.
- Swiss National Bank added most to Alphabet (Google) Class C in Q3 2013, an estimated $8.25M increase.
- Swiss National Bank's biggest Q3 2013 reduction was Mellanox Technologies, Ltd., cutting an estimated $4.12M.
- Swiss National Bank fully exited Berkshire Hathaway Class B in Q3 2013, selling an estimated $127M.
- Swiss National Bank's ten largest holdings make up 14% of its $24B portfolio in Q3 2013.
- Swiss National Bank opened 11 new positions and closed 29 in Q3 2013.
- Swiss National Bank's portfolio value rose 5.4% quarter-over-quarter to $24B.
Based on Swiss National Bank's 13F filing for Q3 2013, filed 29 Oct 2013.