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 | |
|---|---|---|---|---|---|---|
|
LTRPA
1226
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $2.07M | 0.01% |
77,052
| – | – |
|
1227
Monolithic Power Systems
MPWR
$70.9B
| $2.06M | 0.01% |
41,500
+1,000
| +2% | +$44.9K |
|
1228
Pricesmart
PSMT
$5.38B
| $2.06M | 0.01% |
22,600
+1,900
| +9% | +$172K |
|
1229
CACI
CACI
$14.7B
| $2.06M | 0.01% |
23,900
+600
| +3% | +$48.8K |
|
1230
Neogen
NEOG
$2.5B
| $2.06M | 0.01% |
110,800
+2,933
| +3% | +$48.2K |
|
|
HPP
1231
Hudson Pacific Properties
HPP
$749M
| $2.06M | 0.01% |
9,779
+943
| +11% | +$182K |
|
|
HMSY
1232
DELISTED
HMS Holdings Corp.
HMSY
| $2.06M | 0.01% |
97,200
+2,200
| +2% | +$46.1K |
|
|
RGC
1233
DELISTED
Regal Entertainment Group
RGC
| $2.06M | 0.01% |
96,200
+2,100
| +2% | +$44.3K |
|
|
VISN
1234
Vistance Networks Inc
VISN
$2.72B
| $2.05M | 0.01% |
89,900
+2,400
| +3% | +$53.6K |
|
|
INFN
1235
DELISTED
Infinera Corporation Common Stock
INFN
| $2.05M | 0.01% |
139,400
+3,400
| +3% | +$45K |
|
1236
Chemed
CHE
$6.96B
| $2.05M | 0.01% |
19,400
+200
| +1% | +$21.1K |
|
|
MINI
1237
DELISTED
Mobile Mini Inc
MINI
| $2.05M | 0.01% |
50,600
+1,200
| +2% | +$48.5K |
|
|
ELME
1238
Elme Communities
ELME
$143M
| $2.05M | 0.01% |
74,000
+1,600
| +2% | +$43.5K |
|
1239
Semtech
SMTC
$12.9B
| $2.05M | 0.01% |
74,200
+1,700
| +2% | +$43.4K |
|
1240
Evercore
EVR
$11.8B
| $2.04M | 0.01% |
39,000
+4,700
| +14% | +$235K |
|
1241
Celestica
CLS
$40.8B
| $2.04M | 0.01% |
173,000
+2,300
| +1% | +$24.7K |
|
1242
Commercial Metals
CMC
$7.94B
| $2.03M | 0.01% |
124,800
+2,900
| +2% | +$46.9K |
|
|
HAWK
1243
DELISTED
Blackhawk Network Holdings, Inc. Common Stock
HAWK
| $2.03M | 0.01% |
53,635
+11,700
| +28% | +$416K |
|
1244
Genesco
GCO
$410M
| $2.03M | 0.01% |
26,500
+600
| +2% | +$45.6K |
|
|
LL
1245
DELISTED
LL Flooring Holdings, Inc.
LL
| $2.03M | 0.01% |
30,600
+400
| +1% | +$23.2K |
|
1246
First Citizens BancShares
FCNCA
$25.5B
| $2.02M | 0.01% |
8,000
+1,000
| +14% | +$243K |
|
1247
Olin
OLN
$2.17B
| $2.02M | 0.01% |
88,800
+1,600
| +2% | +$38.9K |
|
|
DF
1248
DELISTED
Dean Foods Company
DF
| $2.02M | 0.01% |
104,300
+2,600
| +3% | +$41.4K |
|
|
HTS
1249
DELISTED
HATTERAS FINANCIAL CORP
HTS
| $2.02M | 0.01% |
109,600
+2,400
| +2% | +$45.3K |
|
|
ESGR
1250
DELISTED
Enstar Group
ESGR
| $2.02M | 0.01% |
13,200
+200
| +2% | +$29K |
|
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.