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
|
+$107M |
| 2 |
AT&T
T
|
+$86.3M |
| 3 |
PayPal
PYPL
|
+$82.6M |
| 4 |
Kraft Heinz
KHC
|
+$80.2M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$67.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$80.8M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$73.8M |
| 3 |
eBay
EBAY
|
+$73.2M |
| 4 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$50.9M |
| 5 |
FDO
FAMILY DOLLAR STORES
FDO
|
+$27.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.62% |
| 2 | Technology | 14.37% |
| 3 | Industrials | 10.62% |
| 4 | Consumer Discretionary | 10.32% |
| 5 | Consumer Staples | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ELME
1226
Elme Communities
ELME
$144M
| $2.22M | 0.01% |
88,900
+11,400
| +15% | +$294K |
|
1227
Cal-Maine
CALM
$3.87B
| $2.21M | 0.01% |
40,500
+5,200
| +15% | +$279K |
|
1228
Neogen
NEOG
$2.59B
| $2.21M | 0.01% |
131,067
+16,800
| +15% | +$331K |
|
|
EVER
1229
DELISTED
Everbank Financial Corp
EVER
| $2.21M | 0.01% |
114,500
+13,700
| +14% | +$272K |
|
1230
Haemonetics
HAE
$4.11B
| $2.2M | 0.01% |
68,200
+8,800
| +15% | +$331K |
|
|
LNCE
1231
DELISTED
Snyders-Lance, Inc.
LNCE
| $2.2M | 0.01% |
65,300
+8,900
| +16% | +$298K |
|
1232
Dolby
DLB
$5.84B
| $2.2M | 0.01% |
67,500
+8,800
| +15% | +$300K |
|
1233
LXP Industrial Trust
LXP
$3.58B
| $2.2M | 0.01% |
54,260
+7,300
| +16% | +$308K |
|
1234
Compañía de Minas Buenaventura
BVN
$8.55B
| $2.2M | 0.01% |
368,583
+69,399
| +23% | +$496K |
|
|
EXAS
1235
DELISTED
Exact Sciences
EXAS
| $2.2M | 0.01% |
122,100
+22,500
| +23% | +$517K |
|
|
FCS
1236
DELISTED
FAIRCHILD SEMICONDUCTOR INTL INC COMMON
FCS
| $2.19M | 0.01% |
155,700
+19,100
| +14% | +$278K |
|
1237
Grand Canyon Education
LOPE
$3.79B
| $2.18M | 0.01% |
57,500
+7,700
| +15% | +$309K |
|
1238
J&J Snack Foods
JJSF
$1.7B
| $2.18M | 0.01% |
19,200
+2,600
| +16% | +$299K |
|
|
NPBC
1239
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $2.18M | 0.01% |
185,700
+23,600
| +15% | +$271K |
|
1240
Silicon Laboratories
SLAB
$7.28B
| $2.18M | 0.01% |
52,500
+7,500
| +17% | +$342K |
|
|
SJI
1241
DELISTED
South Jersey Industries, Inc.
SJI
| $2.18M | 0.01% |
86,300
+11,600
| +16% | +$284K |
|
1242
Mueller Industries
MLI
$14.7B
| $2.18M | 0.01% |
294,400
+36,400
| +14% | +$290K |
|
1243
Morningstar
MORN
$7.76B
| $2.17M | 0.01% |
27,100
+3,500
| +15% | +$286K |
|
1244
BOK Financial
BOKF
$8.85B
| $2.17M | 0.01% |
33,600
+4,000
| +14% | +$260K |
|
|
DF
1245
DELISTED
Dean Foods Company
DF
| $2.17M | 0.01% |
131,600
+14,900
| +13% | +$255K |
|
1246
First Financial Bankshares
FFIN
$5.04B
| $2.17M | 0.01% |
136,600
+17,200
| +14% | +$279K |
|
|
NYRT
1247
DELISTED
New York REIT, Inc.
NYRT
| $2.17M | 0.01% |
21,570
+2,740
| +15% | +$275K |
|
|
ROIC
1248
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $2.17M | 0.01% |
131,000
+21,400
| +20% | +$353K |
|
1249
Matador Resources
MTDR
$6.39B
| $2.16M | 0.01% |
104,000
+12,900
| +14% | +$281K |
|
|
HI
1250
DELISTED
Hillenbrand
HI
| $2.16M | 0.01% |
82,900
+10,600
| +15% | +$293K |
|
Similar funds
Swiss National Bank's Q3 2015 Portfolio in Review
As of Q3 2015, Swiss National Bank held 2,599 positions worth $39B, up 0.96% from $38.6B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.52B of net new capital in Q3 2015, opening 19 new positions and adding to 2,500 existing holdings. Its largest new stake was PayPal: 2,306,091 shares worth $71.6M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was eBay, an estimated $73.2M trimmed.
- Swiss National Bank's largest Q3 2015 buy was PayPal: 2,306,091 shares worth $71.6M.
- Swiss National Bank added most to Apple in Q3 2015, an estimated $107M increase.
- Swiss National Bank's biggest Q3 2015 reduction was eBay, cutting an estimated $73.2M.
- Swiss National Bank fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $80.8M.
- Swiss National Bank's ten largest holdings make up 15% of its $39B portfolio in Q3 2015.
- Swiss National Bank opened 19 new positions and closed 31 in Q3 2015.
- Swiss National Bank's portfolio value rose 0.96% quarter-over-quarter to $39B.
Based on Swiss National Bank's 13F filing for Q3 2015, filed 4 Nov 2015.