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 | |
|---|---|---|---|---|---|---|
1151
Dolby
DLB
$5.75B
| $2.38M | 0.01% |
55,200
+900
| +2% | +$38.2K |
|
|
KNGT
1152
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $2.38M | 0.01% |
70,600
+1,700
| +2% | +$57.2K |
|
|
DGI
1153
DELISTED
DigitalGlobe Inc.
DGI
| $2.37M | 0.01% |
76,600
+1,800
| +2% | +$50.7K |
|
|
MDRX
1154
DELISTED
Veradigm Inc. Common Stock
MDRX
| $2.37M | 0.01% |
185,700
+4,700
| +3% | +$59.9K |
|
1155
InterDigital
IDCC
$8.72B
| $2.37M | 0.01% |
44,700
+500
| +1% | +$24.1K |
|
|
AEL
1156
DELISTED
American Equity Investment Life Holding Company
AEL
| $2.36M | 0.01% |
81,000
+2,100
| +3% | +$54.6K |
|
|
PPO
1157
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $2.36M | 0.01% |
50,100
+1,000
| +2% | +$45.4K |
|
|
CY
1158
DELISTED
Cypress Semiconductor
CY
| $2.36M | 0.01% |
165,000
+5,000
| +3% | +$55.2K |
|
|
MENT
1159
DELISTED
Mentor Graphics Corp
MENT
| $2.35M | 0.01% |
107,300
+2,300
| +2% | +$48.5K |
|
1160
Knowles
KN
$3.29B
| $2.35M | 0.01% |
99,800
+8,700
| +10% | +$180K |
|
|
CVG
1161
DELISTED
Convergys
CVG
| $2.34M | 0.01% |
115,000
+2,200
| +2% | +$43.7K |
|
1162
Lithia Motors
LAD
$8.32B
| $2.33M | 0.01% |
26,900
+2,400
| +10% | +$186K |
|
|
CTB
1163
DELISTED
Cooper Tire & Rubber Co.
CTB
| $2.33M | 0.01% |
67,100
+1,600
| +2% | +$50.3K |
|
|
EEQ
1164
DELISTED
Enbridge Energy Management Llc
EEQ
| $2.32M | 0.01% |
86,477
+1,877
| +2% | +$47K |
|
|
BTU
1165
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $2.32M | 0.01% |
20,000
+2,661
| +15% | +$397K |
|
1166
Wintrust Financial
WTFC
$10.9B
| $2.31M | 0.01% |
49,500
+1,100
| +2% | +$49.8K |
|
|
FCS
1167
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $2.31M | 0.01% |
136,600
| – | – |
|
1168
Hudbay
HBM
$12.3B
| $2.3M | 0.01% |
263,200
+21,400
| +9% | +$167K |
|
1169
Asbury Automotive
ABG
$3.73B
| $2.29M | 0.01% |
30,200
+400
| +1% | +$28.7K |
|
|
IBKC
1170
DELISTED
IBERIABANK Corp
IBKC
| $2.29M | 0.01% |
35,300
+1,500
| +4% | +$97.7K |
|
1171
Healthcare Services Group
HCSG
$1.44B
| $2.27M | 0.01% |
73,500
+1,700
| +2% | +$50.4K |
|
|
WAGE
1172
DELISTED
WageWorks, Inc.
WAGE
| $2.27M | 0.01% |
35,200
+900
| +3% | +$50.2K |
|
|
EFII
1173
DELISTED
Electronics for Imaging
EFII
| $2.27M | 0.01% |
53,000
+1,100
| +2% | +$48.1K |
|
1174
Ciena
CIEN
$54.9B
| $2.27M | 0.01% |
116,900
+3,100
| +3% | +$51.8K |
|
|
UPL
1175
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $2.27M | 0.01% |
172,397
+3,900
| +2% | +$78.6K |
|
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.