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 |
Alphabet (Google) Class A
GOOGL
|
+$406M |
| 2 |
NXP Semiconductors
NXPI
|
+$76.1M |
| 3 |
Alibaba
BABA
|
+$71.1M |
| 4 |
Hewlett Packard
HPE
|
+$47.6M |
| 5 |
Baidu
BIDU
|
+$45M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class C
GOOG
|
+$392M |
| 2 |
Lockheed Martin
LMT
|
+$114M |
| 3 |
HP
HPQ
|
+$51.3M |
| 4 |
SIAL
SIGMA - ALDRICH CORP
SIAL
|
+$50M |
| 5 |
CMCSK
COMCAST CORP SPL A (NEW)
CMCSK
|
+$40.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.85% |
| 2 | Technology | 14.56% |
| 3 | Consumer Discretionary | 10.65% |
| 4 | Consumer Staples | 10.14% |
| 5 | Industrials | 10.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AF
1376
DELISTED
Astoria Financial Corporation
AF
| $1.92M | ﹤0.01% |
120,800
| – | – |
|
1377
WD-40
WDFC
$3.09B
| $1.91M | ﹤0.01% |
19,400
| – | – |
|
1378
RBC Bearings
RBC
$17.5B
| $1.91M | ﹤0.01% |
29,600
| – | – |
|
1379
CNX Resources
CNX
$5.23B
| $1.91M | ﹤0.01% |
289,630
-200,450
| -41% | -$1.42M |
|
1380
AZZ Inc
AZZ
$4.52B
| $1.91M | ﹤0.01% |
34,300
| – | – |
|
|
TSG
1381
DELISTED
The Stars Group Inc.
TSG
| $1.89M | ﹤0.01% |
150,700
+1,300
| +0.9% | +$23.9K |
|
1382
Ironwood Pharmaceuticals
IRWD
$674M
| $1.89M | ﹤0.01% |
194,980
| – | – |
|
1383
Targa Resources
TRGP
$57.2B
| $1.89M | ﹤0.01% |
69,800
+400
| +0.6% | +$17.7K |
|
1384
Agios Pharmaceuticals
AGIO
$2B
| $1.89M | ﹤0.01% |
29,060
| – | – |
|
1385
Precigen
PGEN
$2.32B
| $1.88M | ﹤0.01% |
63,063
+2,321
| +4% | +$78.2K |
|
1386
Simmons First National
SFNC
$3.46B
| $1.88M | ﹤0.01% |
73,380
| – | – |
|
1387
Simpson Manufacturing
SSD
$8B
| $1.88M | ﹤0.01% |
55,100
| – | – |
|
1388
Cal-Maine
CALM
$3.87B
| $1.88M | ﹤0.01% |
40,500
| – | – |
|
1389
Dine Brands
DIN
$440M
| $1.87M | ﹤0.01% |
22,100
| – | – |
|
|
MRC
1390
DELISTED
MRC Global
MRC
| $1.87M | ﹤0.01% |
145,049
-700
| -0.5% | -$9.22K |
|
1391
Viavi Solutions
VIAV
$10.6B
| $1.86M | ﹤0.01% |
306,100
| – | – |
|
|
AYR
1392
DELISTED
Aircastle Ltd
AYR
| $1.86M | ﹤0.01% |
89,200
| – | – |
|
|
SVU
1393
DELISTED
SUPERVALU Inc.
SVU
| $1.86M | ﹤0.01% |
39,143
| – | – |
|
1394
Essent Group
ESNT
$6.23B
| $1.85M | ﹤0.01% |
84,600
| – | – |
|
1395
Enerpac Tool Group
EPAC
$1.89B
| $1.85M | ﹤0.01% |
77,200
| – | – |
|
1396
Celestica
CLS
$43.8B
| $1.84M | ﹤0.01% |
167,200
-14,300
| -8% | -$165K |
|
1397
Itron
ITRI
$4.5B
| $1.84M | ﹤0.01% |
51,000
| – | – |
|
1398
Oil States International
OIS
$526M
| $1.84M | ﹤0.01% |
67,600
+800
| +1% | +$23.8K |
|
|
PKY
1399
DELISTED
Parkway, Inc.
PKY
| $1.84M | ﹤0.01% |
117,700
| – | – |
|
1400
TherapeuticsMD
TXMD
$24.1M
| $1.84M | ﹤0.01% |
3,544
| – | – |
|
Similar funds
Swiss National Bank's Q4 2015 Portfolio in Review
As of Q4 2015, Swiss National Bank held 2,738 positions worth $41.3B, up 6.1% from $39B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Swiss National Bank's Q4 2015 filing shows 170 new, 721 increased, 248 reduced and 95 closed positions. Its largest new stake was Alphabet (Google) Class A: 10,961,780 shares worth $426M. The largest sale was Alphabet (Google) Class C, an estimated $392M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Technology and Consumer Discretionary.
- Swiss National Bank's largest Q4 2015 buy was Alphabet (Google) Class A: 10,961,780 shares worth $426M.
- Swiss National Bank added most to Comcast in Q4 2015, an estimated $43.3M increase.
- Swiss National Bank's biggest Q4 2015 reduction was Alphabet (Google) Class C, cutting an estimated $392M.
- Swiss National Bank fully exited Lockheed Martin in Q4 2015, selling an estimated $114M.
- Swiss National Bank's ten largest holdings make up 14% of its $41.3B portfolio in Q4 2015.
- Swiss National Bank opened 170 new positions and closed 95 in Q4 2015.
- Swiss National Bank's portfolio value rose 6.1% quarter-over-quarter to $41.3B.
Based on Swiss National Bank's 13F filing for Q4 2015, filed 3 Feb 2016.