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 |
Fortive
FTV
|
+$43.6M |
| 2 |
Johnson Controls International
JCI
|
+$41.3M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$35.6M |
| 4 |
Telus
TU
|
+$34.2M |
| 5 |
Dell
DELL
|
+$30M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$170M |
| 2 |
Annaly Capital Management
NLY
|
+$81.7M |
| 3 |
Thomson Reuters
TRI
|
+$78.4M |
| 4 |
AGNC Investment
AGNC
|
+$53.4M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$50.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.52% |
| 2 | Healthcare | 14.8% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.15% |
| 5 | Consumer Staples | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1151
KBR
KBR
$4.81B
| $3.46M | 0.01% |
228,341
-7,900
| -3% | -$116K |
|
1152
Silgan Holdings
SLGN
$4.46B
| $3.45M | 0.01% |
136,400
-5,000
| -4% | -$125K |
|
|
BECN
1153
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $3.45M | 0.01% |
82,000
-200
| -0.2% | -$9.1K |
|
1154
Interactive Brokers
IBKR
$41.4B
| $3.44M | 0.01% |
389,600
-14,800
| -4% | -$131K |
|
|
ESL
1155
DELISTED
Esterline Technologies
ESL
| $3.43M | 0.01% |
45,100
-2,100
| -4% | -$147K |
|
1156
ABM Industries
ABM
$2.82B
| $3.43M | 0.01% |
86,300
-2,800
| -3% | -$106K |
|
1157
Sanmina
SANM
$11.1B
| $3.41M | 0.01% |
119,800
-9,700
| -7% | -$263K |
|
|
BUFF
1158
DELISTED
Blue Buffalo Pet Products, Inc
BUFF
| $3.4M | 0.01% |
143,300
+47,000
| +49% | +$1.19M |
|
|
JBTM
1159
JBT Marel
JBTM
$6.1B
| $3.39M | 0.01% |
48,100
-2,500
| -5% | -$167K |
|
|
VGR
1160
DELISTED
Vector Group Ltd.
VGR
| $3.39M | 0.01% |
256,804
-5,998
| -2% | -$78.3K |
|
|
CTB
1161
DELISTED
Cooper Tire & Rubber Co.
CTB
| $3.37M | 0.01% |
88,700
-3,600
| -4% | -$120K |
|
|
JNS
1162
DELISTED
Janus Capital Group Inc
JNS
| $3.37M | 0.01% |
240,200
-15,100
| -6% | -$219K |
|
1163
Paycom
PAYC
$10.1B
| $3.36M | 0.01% |
66,997
-1,300
| -2% | -$63.5K |
|
|
INVX
1164
Innovex International
INVX
$2.15B
| $3.36M | 0.01% |
60,200
-2,700
| -4% | -$151K |
|
|
CLNY
1165
DELISTED
Colony Capital, Inc.
CLNY
| $3.36M | 0.01% |
184,100
-3,800
| -2% | -$67.3K |
|
|
DMC
1166
Del Monte Corp
DMC
$1.44B
| $3.35M | 0.01% |
56,000
-4,100
| -7% | -$238K |
|
1167
Community Bank
CBU
$3.46B
| $3.35M | 0.01% |
69,700
-3,000
| -4% | -$135K |
|
1168
First Citizens BancShares
FCNCA
$25.6B
| $3.35M | 0.01% |
11,400
-400
| -3% | -$109K |
|
1169
Neogen
NEOG
$2.59B
| $3.35M | 0.01% |
159,600
-4,800
| -3% | -$103K |
|
|
WBT
1170
DELISTED
Welbilt, Inc.
WBT
| $3.34M | 0.01% |
206,100
-6,200
| -3% | -$106K |
|
|
VTLE
1171
DELISTED
Vital Energy
VTLE
| $3.33M | 0.01% |
12,900
+1,450
| +13% | +$331K |
|
1172
Cousins Properties
CUZ
$4.93B
| $3.31M | 0.01% |
112,368
-4,853
| -4% | -$147K |
|
1173
Evercore
EVR
$12B
| $3.31M | 0.01% |
64,200
-500
| -0.8% | -$25.1K |
|
|
CBL
1174
DELISTED
CBL& Associates Properties, Inc.
CBL
| $3.3M | 0.01% |
271,700
-8,600
| -3% | -$105K |
|
|
LGF
1175
DELISTED
Lions Gate Entertainment
LGF
| $3.3M | 0.01% |
165,000
-8,900
| -5% | -$182K |
|
Similar funds
Swiss National Bank's Q3 2016 Portfolio in Review
As of Q3 2016, Swiss National Bank held 2,590 positions worth $62.4B, up 0.99% from $61.8B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 2.4%. Swiss National Bank opened 9 new positions and exited 54, leaving the 2,590-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q3 2016 buy was Fortive: 1,359,115 shares worth $43.6M.
- Swiss National Bank added most to Johnson Controls International in Q3 2016, an estimated $41.3M increase.
- Swiss National Bank's biggest Q3 2016 reduction was Danaher, cutting an estimated $45.6M.
- Swiss National Bank fully exited EMC CORPORATION in Q3 2016, selling an estimated $170M.
- Swiss National Bank's ten largest holdings make up 16% of its $62.4B portfolio in Q3 2016.
- Swiss National Bank opened 9 new positions and closed 54 in Q3 2016.
- Swiss National Bank's portfolio value rose 0.99% quarter-over-quarter to $62.4B.
Based on Swiss National Bank's 13F filing for Q3 2016, filed 7 Nov 2016.