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 |
AGN
Allergan plc
AGN
|
+$18.3M |
| 2 |
WFT
Weatherford International plc
WFT
|
+$16.5M |
| 3 |
ICL Group
ICL
|
+$11.3M |
| 4 |
Liberty Media Series C
FWONK
|
+$9.18M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
+$6.08M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$23.7M |
| 2 |
FRX
FOREST LABORATORIES INC
FRX
|
+$23.5M |
| 3 |
ExxonMobil
XOM
|
+$11.1M |
| 4 |
IBM
IBM
|
+$8.88M |
| 5 |
HSH
HILLSHIRE BRANDS CO
HSH
|
+$8.67M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.81% |
| 2 | Technology | 13.76% |
| 3 | Energy | 11.48% |
| 4 | Industrials | 10.81% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
MBFI
1201
DELISTED
MB Financial Corp
MBFI
| $1.97M | 0.01% |
71,312
+9,512
| +15% | +$265K |
|
|
PLCM
1202
DELISTED
POLYCOM INC
PLCM
| $1.97M | 0.01% |
160,600
-1,600
| -1% | -$20.8K |
|
1203
Semtech
SMTC
$12.3B
| $1.97M | 0.01% |
72,500
-2,300
| -3% | -$57.9K |
|
|
ASNA
1204
DELISTED
Ascena Retail Group, Inc.
ASNA
| $1.97M | 0.01% |
7,390
-150
| -2% | -$49.2K |
|
|
DFT
1205
DELISTED
DuPont Fabros Technology Inc.
DFT
| $1.96M | 0.01% |
72,400
-700
| -1% | -$19.3K |
|
|
CIVI
1206
DELISTED
Civitas Resources
CIVI
| $1.96M | 0.01% |
308
-5
| -2% | -$32.5K |
|
|
SAFM
1207
DELISTED
Sanderson Farms Inc
SAFM
| $1.95M | 0.01% |
22,200
-500
| -2% | -$47.2K |
|
|
SUSQ
1208
DELISTED
SUSQUEHANNA BANCSHARES INC
SUSQ
| $1.95M | 0.01% |
194,600
-4,300
| -2% | -$44.3K |
|
1209
Applied Industrial Technologies
AIT
$13.1B
| $1.94M | 0.01% |
42,500
-900
| -2% | -$44K |
|
1210
MillerKnoll
MLKN
$1.62B
| $1.94M | 0.01% |
65,000
-1,200
| -2% | -$36.1K |
|
|
RICE
1211
DELISTED
Rice Energy Inc.
RICE
| $1.94M | 0.01% |
72,900
+25,100
| +53% | +$701K |
|
1212
NorthWestern Energy
NWE
$4.4B
| $1.94M | 0.01% |
42,700
-700
| -2% | -$33.6K |
|
1213
Genesco
GCO
$393M
| $1.94M | 0.01% |
25,900
-500
| -2% | -$39.9K |
|
1214
Blackbaud
BLKB
$2.1B
| $1.93M | 0.01% |
49,200
-900
| -2% | -$33.5K |
|
1215
Metallus
MTUS
$890M
| $1.93M | 0.01% |
+41,450
| New | +$1.91M |
|
|
HTS
1216
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $1.93M | 0.01% |
107,200
-1,900
| -2% | -$36.9K |
|
1217
Grand Canyon Education
LOPE
$3.79B
| $1.92M | 0.01% |
47,200
-400
| -0.8% | -$17.4K |
|
|
ORB
1218
DELISTED
ORBITAL SCIENCES CORP
ORB
| $1.92M | 0.01% |
69,200
-1,400
| -2% | -$38.5K |
|
1219
Asbury Automotive
ABG
$3.77B
| $1.92M | 0.01% |
29,800
-900
| -3% | -$62.1K |
|
1220
MKS Inc
MKSI
$20.7B
| $1.92M | 0.01% |
57,400
-1,100
| -2% | -$36K |
|
|
VGR
1221
DELISTED
Vector Group Ltd.
VGR
| $1.92M | 0.01% |
155,422
-2
| -0% | -$23 |
|
1222
NETSCOUT
NTCT
$2.89B
| $1.91M | 0.01% |
41,800
-1,000
| -2% | -$44.8K |
|
|
CADE
1223
DELISTED
Cadence Bank
CADE
| $1.91M | 0.01% |
95,000
-1,600
| -2% | -$34.7K |
|
|
PPO
1224
DELISTED
POLYPORE INTERNATIONAL, INC
PPO
| $1.91M | 0.01% |
49,100
-1,000
| -2% | -$43.6K |
|
|
MNDT
1225
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $1.91M | 0.01% |
62,400
-800
| -1% | -$26.5K |
|
Similar funds
Swiss National Bank's Q3 2014 Portfolio in Review
As of Q3 2014, Swiss National Bank held 2,547 positions worth $26.1B, down 3.5% from $27B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2014: portfolio turnover was 1.3%. Swiss National Bank opened 15 new positions and exited 18, leaving the 2,547-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 13% a quarter earlier, followed by Technology and Energy.
- Swiss National Bank's largest Q3 2014 buy was Weatherford International plc: 735,946 shares worth $15.3M.
- Swiss National Bank added most to Allergan plc in Q3 2014, an estimated $18.3M increase.
- Swiss National Bank's biggest Q3 2014 reduction was Apple, cutting an estimated $23.7M.
- Swiss National Bank fully exited FOREST LABORATORIES INC in Q3 2014, selling an estimated $23.5M.
- Swiss National Bank's ten largest holdings make up 14% of its $26.1B portfolio in Q3 2014.
- Swiss National Bank opened 15 new positions and closed 18 in Q3 2014.
- Swiss National Bank's portfolio value fell 3.5% quarter-over-quarter to $26.1B.
Based on Swiss National Bank's 13F filing for Q3 2014, filed 4 Nov 2014.