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 | |
|---|---|---|---|---|---|---|
1126
The Greenbrier Companies
GBX
$1.41B
| $2.21M | 0.01% |
30,100
-1,000
| -3% | -$68.5K |
|
|
CEB
1127
DELISTED
CEB Inc.
CEB
| $2.21M | 0.01% |
36,700
-700
| -2% | -$45.8K |
|
1128
Olin
OLN
$2.13B
| $2.2M | 0.01% |
87,200
-2,500
| -3% | -$66.5K |
|
|
TXNM
1129
TXNM Energy Inc
TXNM
$5.91B
| $2.2M | 0.01% |
88,200
-1,900
| -2% | -$50.4K |
|
1130
Glacier Bancorp
GBCI
$6.39B
| $2.2M | 0.01% |
84,900
-1,700
| -2% | -$46.1K |
|
|
MW
1131
DELISTED
THE MENS WAREHOUSE INC
MW
| $2.2M | 0.01% |
46,500
-400
| -0.9% | -$21.4K |
|
1132
XPO
XPO
$24.4B
| $2.19M | 0.01% |
167,848
-3,470
| -2% | -$37.9K |
|
1133
Invesco Mortgage Capital
IVR
$804M
| $2.18M | 0.01% |
13,890
-240
| -2% | -$41.1K |
|
1134
Kite Realty
KRG
$5.27B
| $2.18M | 0.01% |
89,900
+55,200
| +159% | +$1.4M |
|
|
LTM
1135
DELISTED
LIFE TIME FITNESS INC
LTM
| $2.18M | 0.01% |
43,200
-1,800
| -4% | -$82.4K |
|
1136
Western Alliance Bancorporation
WAL
$8.9B
| $2.17M | 0.01% |
91,000
-1,700
| -2% | -$40.2K |
|
1137
U-Haul Holding Co
UHAL
$14.2B
| $2.17M | 0.01% |
83,000
-1,000
| -1% | -$27.6K |
|
1138
H.B. Fuller
FUL
$3.29B
| $2.17M | 0.01% |
54,700
-1,300
| -2% | -$59.2K |
|
|
AMSG
1139
DELISTED
Amsurg Corp
AMSG
| $2.17M | 0.01% |
43,400
-700
| -2% | -$34.9K |
|
1140
Wintrust Financial
WTFC
$10.9B
| $2.16M | 0.01% |
48,400
-600
| -1% | -$27.8K |
|
|
SYA
1141
DELISTED
SYMETRA FINANCIAL CORPORATION COMMON STOCK
SYA
| $2.16M | 0.01% |
92,500
-3,100
| -3% | -$72.3K |
|
|
MENT
1142
DELISTED
Mentor Graphics Corp
MENT
| $2.15M | 0.01% |
105,000
-1,900
| -2% | -$40.6K |
|
1143
LXP Industrial Trust
LXP
$3.58B
| $2.15M | 0.01% |
43,920
-720
| -2% | -$39.1K |
|
|
EEQ
1144
DELISTED
Enbridge Energy Management Llc
EEQ
| $2.15M | 0.01% |
84,600
-1,614
| -2% | -$38.7K |
|
1145
FNB Corp
FNB
$6.81B
| $2.14M | 0.01% |
178,800
+3,300
| +2% | +$40.9K |
|
1146
Rollins
ROL
$17.6B
| $2.14M | 0.01% |
247,050
-5,400
| -2% | -$47.2K |
|
1147
Acadia Pharmaceuticals
ACAD
$5.06B
| $2.14M | 0.01% |
86,400
-1,000
| -1% | -$23.4K |
|
1148
PBF Energy
PBF
$8.24B
| $2.13M | 0.01% |
88,900
-2,100
| -2% | -$55.4K |
|
|
DGI
1149
DELISTED
DigitalGlobe Inc.
DGI
| $2.13M | 0.01% |
74,800
-1,300
| -2% | -$37.8K |
|
|
ANN
1150
DELISTED
ANN INC
ANN
| $2.13M | 0.01% |
51,800
| – | – |
|
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.