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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$52.4M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$15M |
| 3 |
Capri Holdings
CPRI
|
+$14.5M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$8.25M |
| 5 |
Apple
AAPL
|
+$7.94M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$127M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$53M |
| 3 |
FON
SPRINT CORP FON COM
FON
|
+$22.5M |
| 4 |
NWS
THE NEWS CORPORATION LTD CL-B
NWS
|
+$15.3M |
| 5 |
BMC
BMC SOFTWARE, INC
BMC
|
+$6.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13% |
| 2 | Healthcare | 12.66% |
| 3 | Energy | 12.06% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Staples | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
CYS
1326
DELISTED
CYS Investments Inc.
CYS
| $1.19M | 0.01% |
146,600
-29,100
| -17% | -$235K |
|
1327
Brink's
BCO
$4.69B
| $1.19M | 0.01% |
42,000
-2,200
| -5% | -$59.9K |
|
1328
Entegris
ENTG
$23B
| $1.19M | 0.01% |
117,100
-6,200
| -5% | -$60K |
|
|
CIVI
1329
DELISTED
Civitas Resources
CIVI
| $1.18M | ﹤0.01% |
220
-11
| -5% | -$50.8K |
|
1330
Evercore
EVR
$11.7B
| $1.18M | ﹤0.01% |
24,000
-1,400
| -6% | -$64.4K |
|
|
MDAS
1331
DELISTED
MEDASSETS INC COM STK (DE)
MDAS
| $1.18M | ﹤0.01% |
46,500
-200
| -0.4% | -$4.47K |
|
1332
Choice Hotels
CHH
$4.62B
| $1.18M | ﹤0.01% |
27,300
-1,500
| -5% | -$62.1K |
|
|
PSB
1333
DELISTED
PS Business Parks, Inc.
PSB
| $1.18M | ﹤0.01% |
15,800
-900
| -5% | -$66.3K |
|
|
GOV
1334
DELISTED
Government Properties Income Trust
GOV
| $1.18M | ﹤0.01% |
49,200
-2,600
| -5% | -$64.1K |
|
1335
Monro
MNRO
$365M
| $1.18M | ﹤0.01% |
25,300
-1,300
| -5% | -$59.3K |
|
|
EE
1336
DELISTED
El Paso Electric Company
EE
| $1.18M | ﹤0.01% |
35,200
-1,800
| -5% | -$64.3K |
|
1337
Post Holdings
POST
$3.56B
| $1.18M | ﹤0.01% |
44,465
-2,445
| -5% | -$71.4K |
|
|
IPXL
1338
DELISTED
Impax Laboratories, Inc.
IPXL
| $1.18M | ﹤0.01% |
57,300
-3,100
| -5% | -$64K |
|
|
DCH
1339
Dauch Corp
DCH
$1.64B
| $1.17M | ﹤0.01% |
59,500
-3,200
| -5% | -$63.1K |
|
|
INFN
1340
DELISTED
Infinera Corporation Common Stock
INFN
| $1.17M | ﹤0.01% |
103,600
-5,200
| -5% | -$57K |
|
|
MINI
1341
DELISTED
Mobile Mini Inc
MINI
| $1.17M | ﹤0.01% |
34,400
-1,700
| -5% | -$55.8K |
|
|
ADVS
1342
DELISTED
Advent Software Inc
ADVS
| $1.17M | ﹤0.01% |
36,900
+7,600
| +26% | +$227K |
|
1343
Helen of Troy
HELE
$682M
| $1.17M | ﹤0.01% |
26,500
-1,400
| -5% | -$58.9K |
|
|
IDTI
1344
DELISTED
Integrated Device Technology I
IDTI
| $1.17M | ﹤0.01% |
124,100
-5,800
| -4% | -$51.6K |
|
|
SNTS
1345
DELISTED
SANTARUS INC
SNTS
| $1.17M | ﹤0.01% |
51,800
-2,900
| -5% | -$69K |
|
|
ORB
1346
DELISTED
ORBITAL SCIENCES CORP
ORB
| $1.17M | ﹤0.01% |
55,100
-2,700
| -5% | -$50.9K |
|
1347
Simpson Manufacturing
SSD
$8.19B
| $1.17M | ﹤0.01% |
35,800
-2,300
| -6% | -$73K |
|
|
MRH
1348
DELISTED
MONTPELIER RE HOLDINGS LTD
MRH
| $1.16M | ﹤0.01% |
44,700
-3,100
| -6% | -$80.5K |
|
|
BLC
1349
DELISTED
BELO CORP SER A
BLC
| $1.16M | ﹤0.01% |
84,900
-3,600
| -4% | -$50.9K |
|
1350
Acadia Realty Trust
AKR
$2.83B
| $1.16M | ﹤0.01% |
47,100
-1,500
| -3% | -$37.4K |
|
Similar funds
Swiss National Bank's Q3 2013 Portfolio in Review
As of Q3 2013, Swiss National Bank held 2,511 positions worth $24B, up 5.4% from $22.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 1.6%. Swiss National Bank opened 11 new positions and exited 29, leaving the 2,511-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Healthcare and Energy.
- Swiss National Bank's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 1,663,399 shares worth $55.7M.
- Swiss National Bank added most to Alphabet (Google) Class C in Q3 2013, an estimated $8.25M increase.
- Swiss National Bank's biggest Q3 2013 reduction was Mellanox Technologies, Ltd., cutting an estimated $4.12M.
- Swiss National Bank fully exited Berkshire Hathaway Class B in Q3 2013, selling an estimated $127M.
- Swiss National Bank's ten largest holdings make up 14% of its $24B portfolio in Q3 2013.
- Swiss National Bank opened 11 new positions and closed 29 in Q3 2013.
- Swiss National Bank's portfolio value rose 5.4% quarter-over-quarter to $24B.
Based on Swiss National Bank's 13F filing for Q3 2013, filed 29 Oct 2013.