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 | |
|---|---|---|---|---|---|---|
1301
SouthState Bank Corp
SSB
$10.7B
| $2.02M | 0.01% |
26,521
+800
| +3% | +$57.1K |
|
|
FLTX
1302
DELISTED
Fleetmatics Group PLC
FLTX
| $2.01M | 0.01% |
43,000
| – | – |
|
1303
Kemper
KMPR
$1.59B
| $2.01M | 0.01% |
52,200
| – | – |
|
|
CHSP
1304
DELISTED
Chesapeake Lodging Trust
CHSP
| $2.01M | 0.01% |
66,000
+1,100
| +2% | +$34.8K |
|
|
ELME
1305
Elme Communities
ELME
$145M
| $2.01M | 0.01% |
77,500
+2,600
| +3% | +$66.9K |
|
|
CXRX
1306
DELISTED
Concordia International Corp. Common Stock
CXRX
| $2M | 0.01% |
+27,600
| New | +$1.99M |
|
1307
EastGroup Properties
EGP
$10.9B
| $2M | 0.01% |
35,600
+900
| +3% | +$52.2K |
|
1308
FTI Consulting
FCN
$4.16B
| $1.99M | 0.01% |
48,300
+1,100
| +2% | +$43.9K |
|
1309
Insulet
PODD
$9.75B
| $1.99M | 0.01% |
64,300
+1,400
| +2% | +$41.3K |
|
1310
LXP Industrial Trust
LXP
$3.58B
| $1.99M | 0.01% |
46,960
+1,240
| +3% | +$57.7K |
|
1311
MillerKnoll
MLKN
$1.6B
| $1.99M | 0.01% |
68,700
+1,300
| +2% | +$37K |
|
1312
Rambus
RMBS
$10.9B
| $1.99M | 0.01% |
137,000
+9,300
| +7% | +$133K |
|
1313
Meritage Homes
MTH
$4.75B
| $1.98M | 0.01% |
84,200
+1,200
| +1% | +$27.1K |
|
|
EVER
1314
DELISTED
Everbank Financial Corp
EVER
| $1.98M | 0.01% |
100,800
+11,100
| +12% | +$208K |
|
1315
Old National Bancorp
ONB
$10.2B
| $1.98M | 0.01% |
136,820
+4,400
| +3% | +$61.9K |
|
1316
B&G Foods
BGS
$283M
| $1.98M | 0.01% |
69,300
+5,500
| +9% | +$165K |
|
|
MRC
1317
DELISTED
MRC Global
MRC
| $1.97M | 0.01% |
127,749
+13,300
| +12% | +$201K |
|
1318
Trustmark
TRMK
$2.78B
| $1.97M | 0.01% |
78,900
+2,100
| +3% | +$51.2K |
|
1319
Prothena Corp
PRTA
$477M
| $1.97M | 0.01% |
37,300
+3,800
| +11% | +$150K |
|
|
SNCR
1320
DELISTED
Synchronoss Technologies
SNCR
| $1.96M | 0.01% |
4,767
+334
| +8% | +$144K |
|
|
KITE
1321
DELISTED
Kite Pharma, Inc.
KITE
| $1.95M | 0.01% |
31,950
-1,300
| -4% | -$74.2K |
|
|
KNGT
1322
DELISTED
KNIGHT TRANSPORTATION INC
KNGT
| $1.94M | 0.01% |
72,600
+1,200
| +2% | +$32.1K |
|
|
NSR
1323
DELISTED
Neustar Inc
NSR
| $1.94M | 0.01% |
66,400
+1,400
| +2% | +$39.6K |
|
|
BCPC
1324
Balchem Corp
BCPC
$5.69B
| $1.94M | 0.01% |
34,800
+800
| +2% | +$46K |
|
|
CSOD
1325
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $1.94M | 0.01% |
55,700
+1,200
| +2% | +$37.3K |
|
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.