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 |
Apple
AAPL
|
+$62.7M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$43.7M |
| 3 |
AvalonBay Communities
AVB
|
+$36.7M |
| 4 |
Simon Property Group
SPG
|
+$36.4M |
| 5 |
AGNC Investment
AGNC
|
+$35.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$52.7M |
| 2 |
Cencora
COR
|
+$39.6M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
+$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
+$30M |
| 5 |
Ecolab
ECL
|
+$29.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.5% |
| 3 | Industrials | 10.63% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HPY
1226
DELISTED
HEARTLAND PAYMENT SYSTEMS, INC. COM STK
HPY
| $2.28M | 0.01% |
42,200
+900
| +2% | +$47.2K |
|
1227
MKS Inc
MKSI
$19.9B
| $2.28M | 0.01% |
60,100
+1,100
| +2% | +$40.1K |
|
|
TXNM
1228
TXNM Energy Inc
TXNM
$5.91B
| $2.28M | 0.01% |
92,700
+1,800
| +2% | +$48.2K |
|
1229
Hudbay
HBM
$12.3B
| $2.28M | 0.01% |
272,300
+5,100
| +2% | +$46.9K |
|
1230
Matador Resources
MTDR
$6.51B
| $2.28M | 0.01% |
91,100
+8,500
| +10% | +$228K |
|
|
DGI
1231
DELISTED
DigitalGlobe Inc.
DGI
| $2.26M | 0.01% |
81,400
-1,400
| -2% | -$44.2K |
|
|
DWA
1232
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $2.25M | 0.01% |
85,400
+5,200
| +6% | +$137K |
|
|
MLNX
1233
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $2.25M | 0.01% |
46,321
+4,000
| +9% | +$194K |
|
|
DFT
1234
DELISTED
DuPont Fabros Technology Inc.
DFT
| $2.25M | 0.01% |
76,400
+1,500
| +2% | +$47.7K |
|
|
KW
1235
DELISTED
Kennedy-Wilson Holdings
KW
| $2.25M | 0.01% |
91,300
+1,500
| +2% | +$38.4K |
|
1236
Mueller Industries
MLI
$15.1B
| $2.24M | 0.01% |
258,000
-5,600
| -2% | -$50K |
|
1237
Pinnacle Financial Partners Inc
PNFP
$16B
| $2.23M | 0.01% |
41,100
+400
| +1% | +$19.8K |
|
1238
Choice Hotels
CHH
$4.62B
| $2.22M | 0.01% |
41,000
+5,000
| +14% | +$293K |
|
1239
Black Hills Corp
BKH
$5.59B
| $2.22M | 0.01% |
50,900
+900
| +2% | +$43.2K |
|
|
HI
1240
DELISTED
Hillenbrand
HI
| $2.22M | 0.01% |
72,300
+2,100
| +3% | +$64.8K |
|
|
MDP
1241
DELISTED
Meredith Corporation
MDP
| $2.22M | 0.01% |
42,500
+900
| +2% | +$47.7K |
|
|
UPL
1242
DELISTED
Ultra Petroleum Corp. Common Stock
UPL
| $2.22M | 0.01% |
176,997
+3,100
| +2% | +$47.1K |
|
|
B
1243
DELISTED
Barnes Group Inc.
B
| $2.21M | 0.01% |
56,800
+3,500
| +7% | +$141K |
|
|
BRS
1244
DELISTED
Bristow Group, Inc.
BRS
| $2.21M | 0.01% |
41,500
+500
| +1% | +$29.3K |
|
1245
Avista
AVA
$3.22B
| $2.21M | 0.01% |
72,100
| – | – |
|
|
CTB
1246
DELISTED
Cooper Tire & Rubber Co.
CTB
| $2.21M | 0.01% |
65,300
+2,000
| +3% | +$76.9K |
|
|
CMD
1247
DELISTED
Cantel Medical Corporation
CMD
| $2.21M | 0.01% |
41,150
+700
| +2% | +$34K |
|
|
MDCO
1248
DELISTED
Medicines Co
MDCO
| $2.21M | 0.01% |
77,100
+6,500
| +9% | +$181K |
|
1249
Chord Energy
CHRD
$7.62B
| $2.2M | 0.01% |
138,800
+4,200
| +3% | +$70.7K |
|
1250
Monro
MNRO
$365M
| $2.2M | 0.01% |
35,400
+2,000
| +6% | +$125K |
|
Similar funds
Swiss National Bank's Q2 2015 Portfolio in Review
As of Q2 2015, Swiss National Bank held 2,650 positions worth $38.6B, up 3% from $37.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Swiss National Bank deployed $1.55B of net new capital in Q2 2015, opening 104 new positions and adding to 1,775 existing holdings. Its largest new stake was Aramark: 434,198 shares worth $9.71M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Qualcomm, an estimated $52.7M trimmed.
- Swiss National Bank's largest Q2 2015 buy was Aramark: 434,198 shares worth $9.71M.
- Swiss National Bank added most to Apple in Q2 2015, an estimated $62.7M increase.
- Swiss National Bank's biggest Q2 2015 reduction was Qualcomm, cutting an estimated $52.7M.
- Swiss National Bank fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $35.8M.
- Swiss National Bank's ten largest holdings make up 14% of its $38.6B portfolio in Q2 2015.
- Swiss National Bank opened 104 new positions and closed 70 in Q2 2015.
- Swiss National Bank's portfolio value rose 3% quarter-over-quarter to $38.6B.
Based on Swiss National Bank's 13F filing for Q2 2015, filed 5 Aug 2015.