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 | |
|---|---|---|---|---|---|---|
1176
ONE Gas
OGS
$5B
| $2.26M | 0.01% |
54,900
+1,300
| +2% | +$50.5K |
|
|
FNSR
1177
DELISTED
Finisar Corp
FNSR
| $2.26M | 0.01% |
116,500
+12,500
| +12% | +$214K |
|
|
CHMT
1178
DELISTED
Chemtura Corporation
CHMT
| $2.26M | 0.01% |
91,300
-14,300
| -14% | -$332K |
|
|
AVNS
1179
DELISTED
Avanos Medical
AVNS
| $2.25M | 0.01% |
+49,600
| New | +$1.95M |
|
1180
Grand Canyon Education
LOPE
$3.76B
| $2.25M | 0.01% |
48,300
+1,100
| +2% | +$49.1K |
|
1181
Alaska Air
ALK
$5.4B
| $2.25M | 0.01% |
37,700
+400
| +1% | +$21.1K |
|
|
SVU
1182
DELISTED
SUPERVALU Inc.
SVU
| $2.25M | 0.01% |
33,086
+800
| +2% | +$49.9K |
|
|
HCT
1183
DELISTED
AMRICAN RLTY CAP HEALTHCARE TRUST INC. COMMON STOCK
HCT
| $2.25M | 0.01% |
+188,700
| New | +$2.14M |
|
|
CHSP
1184
DELISTED
Chesapeake Lodging Trust
CHSP
| $2.23M | 0.01% |
60,000
+1,000
| +2% | +$33.3K |
|
|
BCPC
1185
Balchem Corp
BCPC
$5.71B
| $2.23M | 0.01% |
33,500
+900
| +3% | +$56.2K |
|
|
FNGN
1186
DELISTED
Financial Engines, Inc.
FNGN
| $2.23M | 0.01% |
60,900
+5,200
| +9% | +$180K |
|
|
DYAX
1187
DELISTED
DYAX CORPORATION
DYAX
| $2.23M | 0.01% |
158,300
+3,800
| +2% | +$47.6K |
|
|
CODE
1188
DELISTED
SPANSION INC, CLASS A COMMON STOCK
CODE
| $2.22M | 0.01% |
65,000
+1,100
| +2% | +$26.1K |
|
1189
G-III Apparel Group
GIII
$1.44B
| $2.22M | 0.01% |
44,000
+1,000
| +2% | +$42.9K |
|
|
MDP
1190
DELISTED
Meredith Corporation
MDP
| $2.22M | 0.01% |
40,900
+900
| +2% | +$45.1K |
|
1191
Mueller Industries
MLI
$15.1B
| $2.22M | 0.01% |
260,000
+5,600
| +2% | +$44.4K |
|
|
GRT
1192
DELISTED
GLIMCHER REALTY TRUST
GRT
| $2.21M | 0.01% |
160,900
+3,900
| +2% | +$53.3K |
|
1193
Marriott Vacations Worldwide
VAC
$3.95B
| $2.2M | 0.01% |
29,500
| – | – |
|
|
PLCM
1194
DELISTED
POLYCOM INC
PLCM
| $2.2M | 0.01% |
162,900
+2,300
| +1% | +$29.3K |
|
|
HPY
1195
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $2.2M | 0.01% |
40,700
+1,000
| +3% | +$52.6K |
|
1196
Invesco Mortgage Capital
IVR
$802M
| $2.19M | 0.01% |
14,200
+310
| +2% | +$50K |
|
1197
Archrock
AROC
$5.78B
| $2.19M | 0.01% |
67,300
+1,700
| +3% | +$60.7K |
|
|
JCP
1198
DELISTED
J.C. Penney Company, Inc.
JCP
| $2.19M | 0.01% |
338,200
+7,200
| +2% | +$52.8K |
|
|
CADE
1199
DELISTED
Cadence Bank
CADE
| $2.19M | 0.01% |
97,200
+2,200
| +2% | +$47.8K |
|
1200
Sanmina
SANM
$10.9B
| $2.18M | 0.01% |
92,700
+2,400
| +3% | +$54.9K |
|
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.