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 | |
|---|---|---|---|---|---|---|
1351
ABM Industries
ABM
$2.83B
| $1.16M | ﹤0.01% |
43,600
-2,100
| -5% | -$53.8K |
|
1352
Community Bank
CBU
$3.41B
| $1.16M | ﹤0.01% |
34,000
-1,600
| -4% | -$53.5K |
|
1353
KB Home
KBH
$3.54B
| $1.16M | ﹤0.01% |
64,400
-13,400
| -17% | -$234K |
|
|
GHL
1354
DELISTED
Greenhill & Co., Inc.
GHL
| $1.16M | ﹤0.01% |
23,200
-900
| -4% | -$44.4K |
|
|
TQNT
1355
DELISTED
TRIQUINT SEMICONDUCTOR INC
TQNT
| $1.16M | ﹤0.01% |
142,200
-6,100
| -4% | -$46.6K |
|
|
WEB
1356
DELISTED
Web.com Group, Inc.
WEB
| $1.16M | ﹤0.01% |
35,700
-1,900
| -5% | -$54.2K |
|
1357
Benchmark Electronics
BHE
$2.92B
| $1.15M | ﹤0.01% |
50,400
-3,100
| -6% | -$68.6K |
|
|
SWC
1358
DELISTED
Stillwater Mining Co
SWC
| $1.15M | ﹤0.01% |
104,600
-7,300
| -7% | -$84.5K |
|
|
VOLC
1359
DELISTED
VOLCANO CORPORATION COM STK
VOLC
| $1.15M | ﹤0.01% |
48,100
-2,300
| -5% | -$49K |
|
1360
Pacira BioSciences
PCRX
$972M
| $1.15M | ﹤0.01% |
23,900
-1,100
| -4% | -$40.1K |
|
|
ACOR
1361
DELISTED
Acorda Therapeutics
ACOR
| $1.15M | ﹤0.01% |
279
-14
| -5% | -$60.3K |
|
|
PHH
1362
DELISTED
PHH Corporation
PHH
| $1.15M | ﹤0.01% |
48,300
-2,600
| -5% | -$57.7K |
|
|
ANR
1363
DELISTED
Alpha Natural Resources Inc
ANR
| $1.15M | ﹤0.01% |
192,508
-10,400
| -5% | -$61K |
|
1364
Chemed
CHE
$7.02B
| $1.14M | ﹤0.01% |
16,000
-1,100
| -6% | -$78.3K |
|
1365
Enpro
NPO
$7.12B
| $1.14M | ﹤0.01% |
19,000
-900
| -5% | -$52.1K |
|
1366
National Health Investors
NHI
$3.44B
| $1.14M | ﹤0.01% |
20,100
-1,100
| -5% | -$65.6K |
|
|
SAFM
1367
DELISTED
Sanderson Farms Inc
SAFM
| $1.14M | ﹤0.01% |
17,500
-1,200
| -6% | -$83K |
|
|
PMCS
1368
DELISTED
P M C SIERRA INC
PMCS
| $1.14M | ﹤0.01% |
172,200
-9,000
| -5% | -$58.9K |
|
|
CSH
1369
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $1.14M | ﹤0.01% |
55,320
-3,306
| -6% | -$65.9K |
|
|
MAKO
1370
DELISTED
MAKO SURGICAL CORP COM
MAKO
| $1.14M | ﹤0.01% |
38,500
-2,000
| -5% | -$30.5K |
|
1371
Neogen
NEOG
$2.51B
| $1.14M | ﹤0.01% |
74,800
-4,000
| -5% | -$57.2K |
|
|
AMSG
1372
DELISTED
Amsurg Corp
AMSG
| $1.14M | ﹤0.01% |
28,600
-1,600
| -5% | -$62.1K |
|
1373
Children's Place
PLCE
$56.3M
| $1.13M | ﹤0.01% |
19,600
-1,400
| -7% | -$76.8K |
|
|
NPBC
1374
DELISTED
NATL PENN BANCSHARES INC
NPBC
| $1.13M | ﹤0.01% |
112,600
-5,800
| -5% | -$61.3K |
|
1375
Plexus
PLXS
$7.2B
| $1.13M | ﹤0.01% |
30,400
-2,000
| -6% | -$68K |
|
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.