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
|
+$370M |
| 2 |
Amazon
AMZN
|
+$349M |
| 3 |
Microsoft
MSFT
|
+$336M |
| 4 |
Meta Platforms (Facebook)
META
|
+$181M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$164M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alibaba
BABA
|
+$1.07B |
| 2 |
Newmont
NEM
|
+$149M |
| 3 |
Waste Management
WM
|
+$122M |
| 4 |
McDonald's
MCD
|
+$113M |
| 5 |
Eli Lilly
LLY
|
+$109M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 27.15% |
| 2 | Healthcare | 14.17% |
| 3 | Consumer Discretionary | 13.27% |
| 4 | Communication Services | 11.59% |
| 5 | Industrials | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1401
Plexus
PLXS
$7.25B
| $5.8M | ﹤0.01% |
63,500
-2,600
| -4% | -$244K |
|
|
CADE
1402
DELISTED
Cadence Bancorporation
CADE
| $5.8M | ﹤0.01% |
277,705
-10,100
| -4% | -$221K |
|
|
INOV
1403
DELISTED
Inovalon Holdings, Inc. Class A Common Stock
INOV
| $5.78M | ﹤0.01% |
169,700
+2,500
| +1% | +$77.3K |
|
1404
Rocket Companies
RKT
$42.6B
| $5.78M | ﹤0.01% |
298,800
+35,200
| +13% | +$712K |
|
1405
Aaon
AAON
$7.23B
| $5.77M | ﹤0.01% |
138,375
-4,950
| -3% | -$218K |
|
|
RCM
1406
DELISTED
R1 RCM Inc. Common Stock
RCM
| $5.76M | ﹤0.01% |
259,000
+32,400
| +14% | +$782K |
|
|
SJI
1407
DELISTED
South Jersey Industries, Inc.
SJI
| $5.75M | ﹤0.01% |
221,809
-8,000
| -3% | -$206K |
|
|
GOOS
1408
Canada Goose Holdings
GOOS
$850M
| $5.75M | ﹤0.01% |
131,300
-4,800
| -4% | -$196K |
|
|
FOCS
1409
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $5.74M | ﹤0.01% |
118,300
+23,100
| +24% | +$1.11M |
|
1410
First Bancorp
FBP
$4.49B
| $5.73M | ﹤0.01% |
481,000
-17,600
| -4% | -$217K |
|
1411
Prestige Consumer Healthcare
PBH
$2.43B
| $5.73M | ﹤0.01% |
109,900
-4,600
| -4% | -$221K |
|
|
DOOR
1412
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $5.72M | ﹤0.01% |
51,177
-2,000
| -4% | -$242K |
|
1413
Amkor Technology
AMKR
$14.3B
| $5.71M | ﹤0.01% |
241,400
-7,900
| -3% | -$176K |
|
|
MNTV
1414
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $5.7M | ﹤0.01% |
270,300
+10,400
| +4% | +$201K |
|
|
SRNE
1415
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $5.69M | ﹤0.01% |
587,000
+76,400
| +15% | +$608K |
|
1416
HUTCHMED
HCM
$2.13B
| $5.68M | ﹤0.01% |
144,687
+2,600
| +2% | +$75.1K |
|
1417
O-I Glass
OI
$1.04B
| $5.67M | ﹤0.01% |
347,024
+5,900
| +2% | +$100K |
|
|
ODP
1418
DELISTED
ODP
ODP
| $5.67M | ﹤0.01% |
117,989
-2,400
| -2% | -$106K |
|
|
JOBS
1419
DELISTED
51job Inc
JOBS
| $5.66M | ﹤0.01% |
72,737
+600
| +0.8% | +$41.9K |
|
1420
Stepan Co
SCL
$1.48B
| $5.65M | ﹤0.01% |
47,000
+800
| +2% | +$105K |
|
|
PRMW
1421
DELISTED
Primo Water Corporation
PRMW
| $5.65M | ﹤0.01% |
337,048
+5,300
| +2% | +$89.6K |
|
1422
Fulton Financial
FULT
$4.67B
| $5.65M | ﹤0.01% |
357,900
-12,800
| -3% | -$218K |
|
1423
Graham Holdings Company
GHC
$5.03B
| $5.64M | ﹤0.01% |
8,900
-300
| -3% | -$193K |
|
|
TPH
1424
DELISTED
Tri Pointe Homes
TPH
| $5.63M | ﹤0.01% |
262,747
-27,000
| -9% | -$618K |
|
1425
United Parks & Resorts
PRKS
$2.01B
| $5.61M | ﹤0.01% |
112,300
-4,100
| -4% | -$218K |
|
Similar funds
Swiss National Bank's Q2 2021 Portfolio in Review
As of Q2 2021, Swiss National Bank held 2,687 positions worth $162B, up 8.1% from $150B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Swiss National Bank's Q2 2021 filing shows 205 new, 908 increased, 1,482 reduced and 45 closed positions. Its largest new stake was Lyft: 1,044,300 shares worth $63.2M. The largest sale was Alibaba, an estimated $1.07B.
By sector, the portfolio is most concentrated in Technology at 27% of assets, up from 26% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2021 buy was Lyft: 1,044,300 shares worth $63.2M.
- Swiss National Bank added most to Apple in Q2 2021, an estimated $370M increase.
- Swiss National Bank's biggest Q2 2021 reduction was Newmont, cutting an estimated $149M.
- Swiss National Bank fully exited Alibaba in Q2 2021, selling an estimated $1.07B.
- Swiss National Bank's ten largest holdings make up 25% of its $162B portfolio in Q2 2021.
- Swiss National Bank opened 205 new positions and closed 45 in Q2 2021.
- Swiss National Bank's portfolio value rose 8.1% quarter-over-quarter to $162B.
Based on Swiss National Bank's 13F filing for Q2 2021, filed 6 Aug 2021.