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 | |
|---|---|---|---|---|---|---|
1301
Trustmark
TRMK
$2.8B
| $1.89M | 0.01% |
76,800
+1,700
| +2% | +$40.5K |
|
|
CATM
1302
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $1.88M | 0.01% |
48,800
+1,100
| +2% | +$40.9K |
|
1303
Advanced Micro Devices
AMD
$787B
| $1.88M | 0.01% |
704,098
+21,700
| +3% | +$59.6K |
|
1304
Neurocrine Biosciences
NBIX
$15.3B
| $1.88M | 0.01% |
84,000
+2,000
| +2% | +$37.9K |
|
|
RWT
1305
Redwood Trust
RWT
$597M
| $1.87M | 0.01% |
95,000
+2,300
| +2% | +$43.2K |
|
|
ONIT
1306
Onity Group
ONIT
$328M
| $1.87M | 0.01% |
+8,253
| New | +$2.69M |
|
|
SFLY
1307
DELISTED
Shutterfly, Inc.
SFLY
| $1.87M | 0.01% |
44,800
+4,100
| +10% | +$175K |
|
|
PCH
1308
DELISTED
PotlatchDeltic
PCH
| $1.87M | 0.01% |
44,600
+1,000
| +2% | +$42.1K |
|
|
GRUB
1309
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $1.86M | 0.01% |
+25,650
| New | +$1.81M |
|
1310
Itron
ITRI
$4.5B
| $1.86M | 0.01% |
44,000
+1,000
| +2% | +$39.9K |
|
1311
Clearway Energy Class C
CWEN
$7.04B
| $1.86M | 0.01% |
78,900
+12,600
| +19% | +$293K |
|
1312
Kemper
KMPR
$1.59B
| $1.85M | 0.01% |
51,200
-700
| -1% | -$24.7K |
|
|
TFM
1313
DELISTED
THE FRESH MARKET, INC COM STK
TFM
| $1.84M | 0.01% |
44,700
+1,100
| +3% | +$41.8K |
|
1314
Booz Allen Hamilton
BAH
$9.46B
| $1.84M | 0.01% |
69,400
+2,100
| +3% | +$54.5K |
|
1315
Mueller Water Products
MWA
$3.99B
| $1.84M | 0.01% |
179,800
+4,400
| +3% | +$41.7K |
|
|
EDR
1316
DELISTED
Education Realty Trust Inc
EDR
| $1.84M | 0.01% |
50,315
+2,065
| +4% | +$70.7K |
|
|
ESND
1317
DELISTED
Essendant Inc.
ESND
| $1.83M | 0.01% |
43,500
+600
| +1% | +$24.4K |
|
1318
Molina Healthcare
MOH
$10.7B
| $1.83M | 0.01% |
34,200
+900
| +3% | +$43.6K |
|
|
VRE
1319
DELISTED
Veris Residential
VRE
| $1.83M | 0.01% |
95,800
+2,400
| +3% | +$45.9K |
|
1320
Mercury Insurance
MCY
$5.82B
| $1.82M | 0.01% |
32,200
+700
| +2% | +$37.5K |
|
1321
Nexstar Media Group
NXST
$5.8B
| $1.82M | 0.01% |
35,200
+1,100
| +3% | +$50.9K |
|
|
EE
1322
DELISTED
El Paso Electric Company
EE
| $1.82M | 0.01% |
45,500
+1,100
| +2% | +$41.7K |
|
1323
Bright Horizons
BFAM
$3.88B
| $1.81M | 0.01% |
38,600
+4,300
| +13% | +$190K |
|
1324
Empire State Realty Trust
ESRT
$836M
| $1.81M | 0.01% |
103,100
+4,400
| +4% | +$71.6K |
|
1325
WisdomTree
WT
$3.43B
| $1.81M | 0.01% |
115,400
+2,800
| +2% | +$38.9K |
|
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.