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 | |
|---|---|---|---|---|---|---|
|
ATW
1251
DELISTED
Atwood Oceanics
ATW
| $2.02M | 0.01% |
71,100
+5,000
| +8% | +$178K |
|
1252
Prestige Consumer Healthcare
PBH
$2.49B
| $2.01M | 0.01% |
57,900
+1,400
| +2% | +$46.5K |
|
|
ALEX
1253
DELISTED
Alexander & Baldwin
ALEX
| $2.01M | 0.01% |
51,100
+1,200
| +2% | +$45.5K |
|
1254
New York Times
NYT
$10.4B
| $2M | 0.01% |
151,700
+3,400
| +2% | +$43.8K |
|
|
SWC
1255
DELISTED
Stillwater Mining Co
SWC
| $2M | 0.01% |
136,000
+3,100
| +2% | +$42.5K |
|
1256
Unifirst Corp
UNF
$5.26B
| $2M | 0.01% |
16,500
+400
| +2% | +$43.6K |
|
|
ZNGA
1257
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $2M | 0.01% |
753,100
+21,100
| +3% | +$53.3K |
|
1258
Enerpac Tool Group
EPAC
$1.88B
| $2M | 0.01% |
73,500
| – | – |
|
|
RYL
1259
DELISTED
RYLAND GROUP INC
RYL
| $2M | 0.01% |
51,900
+1,200
| +2% | +$43.6K |
|
1260
Dine Brands
DIN
$447M
| $2M | 0.01% |
19,300
+1,000
| +5% | +$92.4K |
|
1261
Post Holdings
POST
$3.56B
| $2M | 0.01% |
72,886
+2,751
| +4% | +$67.9K |
|
1262
Papa John's
PZZA
$804M
| $1.99M | 0.01% |
35,700
+600
| +2% | +$29.4K |
|
|
CRZO
1263
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $1.99M | 0.01% |
47,800
+1,500
| +3% | +$67.4K |
|
1264
Choice Hotels
CHH
$4.67B
| $1.98M | 0.01% |
35,400
+800
| +2% | +$43K |
|
|
PMCS
1265
DELISTED
P M C SIERRA INC
PMCS
| $1.98M | 0.01% |
216,500
+5,600
| +3% | +$44.3K |
|
1266
Adeia
ADEA
$3.08B
| $1.98M | 0.01% |
209,412
+1,890
| +0.9% | +$15.6K |
|
1267
Ironwood Pharmaceuticals
IRWD
$725M
| $1.97M | 0.01% |
153,668
+3,821
| +3% | +$43.7K |
|
1268
Applied Industrial Technologies
AIT
$13B
| $1.97M | 0.01% |
43,200
+700
| +2% | +$32.7K |
|
1269
Antero Resources
AR
$11.6B
| $1.97M | 0.01% |
48,500
-174,000
| -78% | -$8.34M |
|
|
DWRE
1270
DELISTED
DEMANDWARE INC COM STK (DE)
DWRE
| $1.97M | 0.01% |
34,200
+700
| +2% | +$39.4K |
|
1271
Watts Water Technologies
WTS
$12.8B
| $1.97M | 0.01% |
31,000
+600
| +2% | +$36.5K |
|
|
SWIR
1272
DELISTED
Sierra Wireless
SWIR
| $1.96M | 0.01% |
41,200
+700
| +2% | +$24.1K |
|
1273
MillerKnoll
MLKN
$1.59B
| $1.96M | 0.01% |
66,600
+1,600
| +2% | +$48.7K |
|
|
ABCO
1274
DELISTED
Advisory Board Co
ABCO
| $1.96M | 0.01% |
40,000
+700
| +2% | +$33K |
|
|
B
1275
DELISTED
Barnes Group Inc.
B
| $1.95M | 0.01% |
52,700
+1,300
| +3% | +$45.6K |
|
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.