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 |
Verizon
VZ
|
+$91.5M |
| 2 |
VRN
Veren
VRN
|
+$44.4M |
| 3 |
Perrigo
PRGO
|
+$25.6M |
| 4 |
VER
VEREIT, Inc.
VER
|
+$7.63M |
| 5 |
Liberty Global Class C
LBTYK
|
+$6.77M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$51.2M |
| 2 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$43.4M |
| 3 |
ExxonMobil
XOM
|
+$41.4M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$27.7M |
| 5 |
Microsoft
MSFT
|
+$27.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.36% |
| 2 | Technology | 13.06% |
| 3 | Energy | 11.79% |
| 4 | Industrials | 11.18% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CNVR
1201
DELISTED
CONVERSANT INC COM STK (DE)
CNVR
| $2.02M | 0.01% |
71,900
+10,600
| +17% | +$254K |
|
1202
Morningstar
MORN
$7.76B
| $2.02M | 0.01% |
25,600
+5,400
| +27% | +$430K |
|
1203
Applied Industrial Technologies
AIT
$13.2B
| $2.02M | 0.01% |
41,900
+9,100
| +28% | +$447K |
|
|
IDTI
1204
DELISTED
Integrated Device Technology I
IDTI
| $2.02M | 0.01% |
164,800
+38,500
| +30% | +$436K |
|
1205
Trustmark
TRMK
$2.8B
| $2.02M | 0.01% |
79,500
+11,500
| +17% | +$286K |
|
|
RESI
1206
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $2.01M | 0.01% |
63,800
+30,400
| +91% | +$918K |
|
|
MZTI
1207
The Marzetti Company
MZTI
$3.22B
| $2.01M | 0.01% |
20,200
+4,800
| +31% | +$431K |
|
|
B
1208
DELISTED
Barnes Group Inc.
B
| $2.01M | 0.01% |
52,200
+7,100
| +16% | +$270K |
|
|
SWC
1209
DELISTED
Stillwater Mining Co
SWC
| $2.01M | 0.01% |
135,500
+30,900
| +30% | +$420K |
|
|
CYBX
1210
DELISTED
CYBERONICS INC
CYBX
| $2M | 0.01% |
30,700
+6,400
| +26% | +$431K |
|
1211
Bloomin' Brands
BLMN
$924M
| $1.99M | 0.01% |
82,700
+40,900
| +98% | +$969K |
|
1212
Sun Communities
SUI
$14.6B
| $1.99M | 0.01% |
44,200
+14,200
| +47% | +$640K |
|
|
HDS
1213
DELISTED
HD Supply Holdings, Inc.
HDS
| $1.99M | 0.01% |
76,000
+16,700
| +28% | +$385K |
|
1214
Entegris
ENTG
$25B
| $1.98M | 0.01% |
163,700
+34,600
| +27% | +$403K |
|
|
EEQ
1215
DELISTED
Enbridge Energy Management Llc
EEQ
| $1.98M | 0.01% |
108,491
+31,001
| +40% | +$557K |
|
|
VRE
1216
DELISTED
Veris Residential
VRE
| $1.98M | 0.01% |
95,000
+21,200
| +29% | +$446K |
|
|
IPXL
1217
DELISTED
Impax Laboratories, Inc.
IPXL
| $1.97M | 0.01% |
74,600
+16,700
| +29% | +$417K |
|
|
ORB
1218
DELISTED
ORBITAL SCIENCES CORP
ORB
| $1.97M | 0.01% |
70,600
+15,500
| +28% | +$409K |
|
1219
Genesco
GCO
$394M
| $1.97M | 0.01% |
26,400
+5,900
| +29% | +$429K |
|
|
JOSB
1220
DELISTED
JOS A BANK CLOTHIERS INC
JOSB
| $1.97M | 0.01% |
30,600
+7,100
| +30% | +$415K |
|
1221
ONE Gas
OGS
$5.09B
| $1.96M | 0.01% |
+54,500
| New | +$1.88M |
|
|
PIR
1222
DELISTED
Pier 1 Imports, Inc.
PIR
| $1.96M | 0.01% |
5,180
+1,090
| +27% | +$429K |
|
|
CSOD
1223
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.95M | 0.01% |
40,800
+9,600
| +31% | +$536K |
|
1224
MidCap Financial Investment
MFIC
$811M
| $1.95M | 0.01% |
78,283
+9,900
| +14% | +$255K |
|
1225
TD Synnex
SNX
$20.4B
| $1.95M | 0.01% |
64,400
+14,000
| +28% | +$417K |
|
Similar funds
Swiss National Bank's Q1 2014 Portfolio in Review
As of Q1 2014, Swiss National Bank held 2,515 positions worth $25.5B, down 0.58% from $25.6B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 1.2%. Swiss National Bank opened 8 new positions and exited 21, leaving the 2,515-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Technology and Energy.
- Swiss National Bank's largest Q1 2014 buy was Veren: 1,374,746 shares worth $46M.
- Swiss National Bank added most to Verizon in Q1 2014, an estimated $91.5M increase.
- Swiss National Bank's biggest Q1 2014 reduction was Apple, cutting an estimated $51.2M.
- Swiss National Bank fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $43.4M.
- Swiss National Bank's ten largest holdings make up 13% of its $25.5B portfolio in Q1 2014.
- Swiss National Bank opened 8 new positions and closed 21 in Q1 2014.
- Swiss National Bank's portfolio value fell 0.58% quarter-over-quarter to $25.5B.
Based on Swiss National Bank's 13F filing for Q1 2014, filed 6 May 2014.