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
|
+$107M |
| 2 |
AT&T
T
|
+$86.3M |
| 3 |
PayPal
PYPL
|
+$82.6M |
| 4 |
Kraft Heinz
KHC
|
+$80.2M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$67.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$80.8M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$73.8M |
| 3 |
eBay
EBAY
|
+$73.2M |
| 4 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$50.9M |
| 5 |
FDO
FAMILY DOLLAR STORES
FDO
|
+$27.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.62% |
| 2 | Technology | 14.37% |
| 3 | Industrials | 10.62% |
| 4 | Consumer Discretionary | 10.32% |
| 5 | Consumer Staples | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PE
1401
DELISTED
PARSLEY ENERGY INC
PE
| $1.75M | ﹤0.01% |
116,000
+28,700
| +33% | +$446K |
|
1402
United Parks & Resorts
PRKS
$2.04B
| $1.75M | ﹤0.01% |
98,100
+13,000
| +15% | +$234K |
|
1403
Oil States International
OIS
$526M
| $1.75M | ﹤0.01% |
66,800
+8,400
| +14% | +$249K |
|
|
TAHO
1404
DELISTED
Tahoe Resources Inc
TAHO
| $1.74M | ﹤0.01% |
225,800
+28,000
| +14% | +$249K |
|
1405
Worthington Enterprises
WOR
$2.85B
| $1.74M | ﹤0.01% |
106,403
+10,867
| +11% | +$177K |
|
1406
Vishay Intertechnology
VSH
$5.11B
| $1.74M | ﹤0.01% |
179,100
+22,700
| +15% | +$241K |
|
1407
WD-40
WDFC
$3.09B
| $1.73M | ﹤0.01% |
19,400
+2,400
| +14% | +$209K |
|
1408
HUB Group
HUBG
$2.55B
| $1.73M | ﹤0.01% |
94,800
+11,600
| +14% | +$229K |
|
|
PLKI
1409
DELISTED
Popeyes Louisiana Kitchen, Inc.
PLKI
| $1.72M | ﹤0.01% |
30,500
+3,100
| +11% | +$179K |
|
|
GK
1410
DELISTED
G&K Services Inc
GK
| $1.72M | ﹤0.01% |
25,800
+3,500
| +16% | +$238K |
|
|
IPCM
1411
DELISTED
IPC HEALTHCARE INC COM DTD
IPCM
| $1.72M | ﹤0.01% |
22,100
+3,000
| +16% | +$211K |
|
1412
Caleres
CAL
$461M
| $1.71M | ﹤0.01% |
56,100
+7,300
| +15% | +$235K |
|
|
NTUS
1413
DELISTED
Natus Medical Inc
NTUS
| $1.71M | ﹤0.01% |
43,300
+5,900
| +16% | +$251K |
|
|
DWA
1414
DELISTED
DREAMWORKS ANIMATION SKG INC CL-A
DWA
| $1.71M | ﹤0.01% |
97,900
+12,500
| +15% | +$270K |
|
1415
Ironwood Pharmaceuticals
IRWD
$674M
| $1.7M | ﹤0.01% |
194,980
+25,910
| +15% | +$242K |
|
|
TVPT
1416
DELISTED
Travelport Worldwide Limited
TVPT
| $1.7M | ﹤0.01% |
128,500
+17,100
| +15% | +$233K |
|
1417
Northwest Bancshares
NWBI
$2.31B
| $1.7M | ﹤0.01% |
130,600
+22,000
| +20% | +$281K |
|
1418
CONMED
CNMD
$1.49B
| $1.69M | ﹤0.01% |
35,400
+4,200
| +13% | +$231K |
|
1419
Upbound Group
UPBD
$1.15B
| $1.69M | ﹤0.01% |
69,700
+9,400
| +16% | +$252K |
|
|
WBMD
1420
DELISTED
WebMD Health Corp.
WBMD
| $1.68M | ﹤0.01% |
42,277
+5,800
| +16% | +$245K |
|
|
SIR
1421
DELISTED
SELECT INCOME REIT
SIR
| $1.68M | ﹤0.01% |
201,338
+25,253
| +14% | +$219K |
|
1422
Mine Safety
MSA
$7.32B
| $1.68M | ﹤0.01% |
42,000
+5,600
| +15% | +$261K |
|
|
PINC
1423
DELISTED
Premier
PINC
| $1.67M | ﹤0.01% |
48,712
+6,500
| +15% | +$234K |
|
1424
Forward Air
FWRD
$682M
| $1.67M | ﹤0.01% |
40,300
+5,600
| +16% | +$264K |
|
|
CXRX
1425
DELISTED
Concordia International Corp. Common Stock
CXRX
| $1.67M | ﹤0.01% |
39,300
+11,700
| +42% | +$866K |
|
Similar funds
Swiss National Bank's Q3 2015 Portfolio in Review
As of Q3 2015, Swiss National Bank held 2,599 positions worth $39B, up 0.96% from $38.6B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.52B of net new capital in Q3 2015, opening 19 new positions and adding to 2,500 existing holdings. Its largest new stake was PayPal: 2,306,091 shares worth $71.6M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was eBay, an estimated $73.2M trimmed.
- Swiss National Bank's largest Q3 2015 buy was PayPal: 2,306,091 shares worth $71.6M.
- Swiss National Bank added most to Apple in Q3 2015, an estimated $107M increase.
- Swiss National Bank's biggest Q3 2015 reduction was eBay, cutting an estimated $73.2M.
- Swiss National Bank fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $80.8M.
- Swiss National Bank's ten largest holdings make up 15% of its $39B portfolio in Q3 2015.
- Swiss National Bank opened 19 new positions and closed 31 in Q3 2015.
- Swiss National Bank's portfolio value rose 0.96% quarter-over-quarter to $39B.
Based on Swiss National Bank's 13F filing for Q3 2015, filed 4 Nov 2015.