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 |
Warner Bros
WBD
|
+$166M |
| 2 |
Tesla
TSLA
|
+$92.9M |
| 3 |
Roblox
RBLX
|
+$51.2M |
| 4 |
VICI Properties
VICI
|
+$42.8M |
| 5 |
Danaher
DHR
|
+$42.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AT&T
T
|
+$199M |
| 2 |
CERN
Cerner Corp
CERN
|
+$119M |
| 3 |
Baidu
BIDU
|
+$81.7M |
| 4 |
Canadian National Railway
CNI
|
+$56M |
| 5 |
Meta Platforms (Facebook)
META
|
+$44.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 26.43% |
| 2 | Healthcare | 15.87% |
| 3 | Consumer Discretionary | 11.68% |
| 4 | Communication Services | 8.96% |
| 5 | Industrials | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RCM
1126
DELISTED
R1 RCM Inc. Common Stock
RCM
| $6.87M | ﹤0.01% |
327,700
+32,300
| +11% | +$733K |
|
1127
Visteon
VC
$2.84B
| $6.86M | ﹤0.01% |
66,200
| – | – |
|
1128
Franklin Electric
FELE
$4.75B
| $6.83M | ﹤0.01% |
93,300
| – | – |
|
1129
ATI
ATI
$31.4B
| $6.83M | ﹤0.01% |
300,900
| – | – |
|
|
AYX
1130
DELISTED
Alteryx Inc
AYX
| $6.83M | ﹤0.01% |
141,100
| – | – |
|
1131
First Hawaiian
FHB
$3.36B
| $6.82M | ﹤0.01% |
300,267
-4,300
| -1% | -$108K |
|
|
BECN
1132
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $6.81M | ﹤0.01% |
132,600
| – | – |
|
|
CIVI
1133
DELISTED
Civitas Resources
CIVI
| $6.79M | ﹤0.01% |
129,930
+9,700
| +8% | +$633K |
|
1134
Carter's
CRI
$1.43B
| $6.79M | ﹤0.01% |
96,400
-3,500
| -4% | -$282K |
|
1135
BellRing Brands
BRBR
$1.26B
| $6.79M | ﹤0.01% |
272,924
+1,300
| +0.5% | +$31.8K |
|
1136
TechnipFMC
FTI
$29.5B
| $6.79M | ﹤0.01% |
1,008,600
-3,800
| -0.4% | -$29K |
|
1137
STAAR Surgical
STAA
$1.27B
| $6.78M | ﹤0.01% |
95,600
+5,600
| +6% | +$361K |
|
|
AEL
1138
DELISTED
American Equity Investment Life Holding Company
AEL
| $6.78M | ﹤0.01% |
185,300
-11,600
| -6% | -$442K |
|
1139
FirstCash
FCFS
$9.28B
| $6.75M | ﹤0.01% |
97,112
+1,500
| +2% | +$108K |
|
1140
Papa John's
PZZA
$793M
| $6.73M | ﹤0.01% |
80,600
-1,100
| -1% | -$99.1K |
|
1141
Clearway Energy Class C
CWEN
$7.06B
| $6.71M | ﹤0.01% |
192,650
+9,200
| +5% | +$310K |
|
1142
Legend Biotech
LEGN
$3.93B
| $6.7M | ﹤0.01% |
121,894
| – | – |
|
|
CALY
1143
Callaway Golf Company
CALY
$2.95B
| $6.7M | ﹤0.01% |
328,600
+42,700
| +15% | +$918K |
|
1144
ACI Worldwide
ACIW
$5.33B
| $6.66M | ﹤0.01% |
257,400
+7,200
| +3% | +$194K |
|
1145
LCI Industries
LCII
$2.6B
| $6.66M | ﹤0.01% |
59,500
-300
| -0.5% | -$32.8K |
|
|
KRTX
1146
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $6.65M | ﹤0.01% |
52,600
+3,500
| +7% | +$402K |
|
1147
MGE Energy Inc
MGEE
$3.07B
| $6.65M | ﹤0.01% |
85,450
| – | – |
|
1148
Howard Hughes
HHH
$3.98B
| $6.65M | ﹤0.01% |
102,487
| – | – |
|
1149
Kosmos Energy
KOS
$1.51B
| $6.64M | ﹤0.01% |
1,072,400
+3,800
| +0.4% | +$27.4K |
|
1150
Cathay General Bancorp
CATY
$4.31B
| $6.64M | ﹤0.01% |
169,500
-4,000
| -2% | -$163K |
|
Similar funds
Swiss National Bank's Q2 2022 Portfolio in Review
As of Q2 2022, Swiss National Bank held 2,853 positions worth $148B, down 17% from $177B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Swiss National Bank's Q2 2022 filing shows 162 new, 982 increased, 855 reduced and 113 closed positions. Its largest new stake was Roblox: 1,524,500 shares worth $50.1M. The largest sale was AT&T, an estimated $199M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, down from 28% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2022 buy was Roblox: 1,524,500 shares worth $50.1M.
- Swiss National Bank added most to Warner Bros in Q2 2022, an estimated $166M increase.
- Swiss National Bank's biggest Q2 2022 reduction was AT&T, cutting an estimated $199M.
- Swiss National Bank fully exited Cerner Corp in Q2 2022, selling an estimated $119M.
- Swiss National Bank's ten largest holdings make up 25% of its $148B portfolio in Q2 2022.
- Swiss National Bank opened 162 new positions and closed 113 in Q2 2022.
- Swiss National Bank's portfolio value fell 17% quarter-over-quarter to $148B.
Based on Swiss National Bank's 13F filing for Q2 2022, filed 9 Aug 2022.