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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$52.4M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$15M |
| 3 |
Capri Holdings
CPRI
|
+$14.5M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$8.25M |
| 5 |
Apple
AAPL
|
+$7.94M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$127M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$53M |
| 3 |
FON
SPRINT CORP FON COM
FON
|
+$22.5M |
| 4 |
NWS
THE NEWS CORPORATION LTD CL-B
NWS
|
+$15.3M |
| 5 |
BMC
BMC SOFTWARE, INC
BMC
|
+$6.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13% |
| 2 | Healthcare | 12.66% |
| 3 | Energy | 12.06% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Staples | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MW
1176
DELISTED
THE MENS WAREHOUSE INC
MW
| $1.54M | 0.01% |
45,100
+1,100
| +3% | +$41.7K |
|
|
BECN
1177
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $1.53M | 0.01% |
41,600
-2,200
| -5% | -$84K |
|
1178
Euronet Worldwide
EEFT
$2.58B
| $1.53M | 0.01% |
38,500
-2,000
| -5% | -$72.2K |
|
1179
Acadia Pharmaceuticals
ACAD
$5.07B
| $1.52M | 0.01% |
55,500
-2,500
| -4% | -$52.3K |
|
|
FCS
1180
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $1.52M | 0.01% |
109,500
-6,000
| -5% | -$78.7K |
|
1181
MasTec
MTZ
$22.8B
| $1.52M | 0.01% |
50,100
-2,700
| -5% | -$88.7K |
|
|
AEGR
1182
DELISTED
Aegerion Pharmaceuticals
AEGR
| $1.52M | 0.01% |
17,700
-600
| -3% | -$50.9K |
|
1183
Celestica
CLS
$41.8B
| $1.52M | 0.01% |
137,500
-6,400
| -4% | -$66.8K |
|
1184
IAMGOLD
IAG
$10.5B
| $1.51M | 0.01% |
316,200
-16,100
| -5% | -$84.4K |
|
|
SAPE
1185
DELISTED
SAPIENT CORP
SAPE
| $1.51M | 0.01% |
97,000
-4,500
| -4% | -$66.4K |
|
|
MWIV
1186
DELISTED
MWI VETERINARY SUPPLY, INC.
MWIV
| $1.51M | 0.01% |
10,100
-500
| -5% | -$70.8K |
|
|
MDR
1187
DELISTED
McDermott International
MDR
| $1.51M | 0.01% |
67,667
-3,633
| -5% | -$86.2K |
|
|
CVSA
1188
Covista Inc
CVSA
$4.3B
| $1.51M | 0.01% |
49,300
-2,900
| -6% | -$89.4K |
|
1189
Blackbaud
BLKB
$1.98B
| $1.5M | 0.01% |
38,400
-2,100
| -5% | -$74.9K |
|
1190
EastGroup Properties
EGP
$10.9B
| $1.5M | 0.01% |
25,300
-1,200
| -5% | -$71.1K |
|
|
MBFI
1191
DELISTED
MB Financial Corp
MBFI
| $1.5M | 0.01% |
53,000
+2,700
| +5% | +$76.1K |
|
|
WNR
1192
DELISTED
Western Refining Inc
WNR
| $1.5M | 0.01% |
49,800
-4,200
| -8% | -$123K |
|
1193
MillerKnoll
MLKN
$1.58B
| $1.49M | 0.01% |
51,100
-2,700
| -5% | -$74.9K |
|
1194
Vishay Intertechnology
VSH
$5.24B
| $1.49M | 0.01% |
115,500
-6,100
| -5% | -$83.2K |
|
|
IBKC
1195
DELISTED
IBERIABANK Corp
IBKC
| $1.49M | 0.01% |
28,700
+1,300
| +5% | +$72.3K |
|
1196
Cousins Properties
CUZ
$4.82B
| $1.49M | 0.01% |
51,189
+15,764
| +44% | +$458K |
|
|
HI
1197
DELISTED
Hillenbrand
HI
| $1.49M | 0.01% |
54,300
-3,000
| -5% | -$75.8K |
|
|
ANN
1198
DELISTED
ANN INC
ANN
| $1.49M | 0.01% |
41,000
-1,900
| -4% | -$64.9K |
|
|
ALEX
1199
DELISTED
Alexander & Baldwin
ALEX
| $1.48M | 0.01% |
41,200
+1,700
| +4% | +$67.9K |
|
1200
Murphy USA
MUSA
$10.1B
| $1.48M | 0.01% |
+36,600
| New | +$1.46M |
|
Similar funds
Swiss National Bank's Q3 2013 Portfolio in Review
As of Q3 2013, Swiss National Bank held 2,511 positions worth $24B, up 5.4% from $22.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 1.6%. Swiss National Bank opened 11 new positions and exited 29, leaving the 2,511-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Healthcare and Energy.
- Swiss National Bank's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 1,663,399 shares worth $55.7M.
- Swiss National Bank added most to Alphabet (Google) Class C in Q3 2013, an estimated $8.25M increase.
- Swiss National Bank's biggest Q3 2013 reduction was Mellanox Technologies, Ltd., cutting an estimated $4.12M.
- Swiss National Bank fully exited Berkshire Hathaway Class B in Q3 2013, selling an estimated $127M.
- Swiss National Bank's ten largest holdings make up 14% of its $24B portfolio in Q3 2013.
- Swiss National Bank opened 11 new positions and closed 29 in Q3 2013.
- Swiss National Bank's portfolio value rose 5.4% quarter-over-quarter to $24B.
Based on Swiss National Bank's 13F filing for Q3 2013, filed 29 Oct 2013.