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 | |
|---|---|---|---|---|---|---|
|
GRT
1151
DELISTED
GLIMCHER REALTY TRUST
GRT
| $2.13M | 0.01% |
157,000
-3,700
| -2% | -$42.4K |
|
1152
Worthington Enterprises
WOR
$2.75B
| $2.13M | 0.01% |
92,616
-3,406
| -4% | -$84.7K |
|
1153
Vishay Intertechnology
VSH
$5.25B
| $2.12M | 0.01% |
148,600
-2,600
| -2% | -$39.9K |
|
|
FCS
1154
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $2.12M | 0.01% |
136,600
-2,300
| -2% | -$37.1K |
|
|
HI
1155
DELISTED
Hillenbrand
HI
| $2.12M | 0.01% |
68,600
-1,800
| -3% | -$57.5K |
|
1156
Opko Health
OPK
$1.04B
| $2.12M | 0.01% |
249,000
-3,000
| -1% | -$26.4K |
|
1157
Steven Madden
SHOO
$3.49B
| $2.12M | 0.01% |
98,625
-2,400
| -2% | -$53.7K |
|
1158
Cracker Barrel
CBRL
$1.28B
| $2.12M | 0.01% |
20,500
-400
| -2% | -$40K |
|
|
IBKC
1159
DELISTED
IBERIABANK Corp
IBKC
| $2.11M | 0.01% |
33,800
-600
| -2% | -$39.6K |
|
|
DWA
1160
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $2.1M | 0.01% |
77,200
-1,100
| -1% | -$24.5K |
|
1161
Littelfuse
LFUS
$11.8B
| $2.1M | 0.01% |
24,700
-400
| -2% | -$36.5K |
|
|
VISN
1162
Vistance Networks Inc
VISN
$2.69B
| $2.09M | 0.01% |
87,500
-800
| -0.9% | -$19.6K |
|
|
MWIV
1163
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $2.09M | 0.01% |
14,100
-300
| -2% | -$43.2K |
|
1164
Matador Resources
MTDR
$6.47B
| $2.09M | 0.01% |
80,900
-1,700
| -2% | -$44.8K |
|
|
UIL
1165
DELISTED
UIL HOLDINGS
UIL
| $2.09M | 0.01% |
59,000
-1,400
| -2% | -$51.2K |
|
1166
Saic
SAIC
$5.25B
| $2.09M | 0.01% |
47,215
-1,300
| -3% | -$57.2K |
|
|
TIVO
1167
DELISTED
Tivo Inc
TIVO
| $2.08M | 0.01% |
105,600
-5,000
| -5% | -$113K |
|
1168
Commercial Metals
CMC
$7.99B
| $2.08M | 0.01% |
121,900
-2,300
| -2% | -$40.4K |
|
1169
TD Synnex
SNX
$20.6B
| $2.08M | 0.01% |
64,400
| – | – |
|
1170
Louisiana-Pacific
LPX
$5.14B
| $2.08M | 0.01% |
152,800
-3,600
| -2% | -$50.9K |
|
1171
Spire
SR
$4.87B
| $2.08M | 0.01% |
44,750
+3,000
| +7% | +$144K |
|
1172
Hudbay
HBM
$12.6B
| $2.07M | 0.01% |
241,800
+30,200
| +14% | +$302K |
|
1173
Cathay General Bancorp
CATY
$4.28B
| $2.06M | 0.01% |
83,100
-1,400
| -2% | -$36.1K |
|
|
TPH
1174
DELISTED
Tri Pointe Homes
TPH
| $2.06M | 0.01% |
158,947
+136,847
| +619% | +$1.95M |
|
1175
Fair Isaac
FICO
$22.1B
| $2.06M | 0.01% |
37,300
-1,100
| -3% | -$64.9K |
|
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.