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 | |
|---|---|---|---|---|---|---|
|
MDC
1426
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.03M | ﹤0.01% |
47,498
-2,361
| -5% | -$51.9K |
|
1427
Protolabs
PRLB
$2.16B
| $1.02M | ﹤0.01% |
13,400
-400
| -3% | -$27.7K |
|
1428
Papa John's
PZZA
$801M
| $1.02M | ﹤0.01% |
29,200
-2,200
| -7% | -$76K |
|
1429
Pilgrim's Pride
PPC
$6.4B
| $1.02M | ﹤0.01% |
60,700
-4,000
| -6% | -$65.9K |
|
|
FMBI
1430
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $1.02M | ﹤0.01% |
67,300
-3,600
| -5% | -$54.7K |
|
|
WMGI
1431
DELISTED
Wright Medical Group Inc
WMGI
| $1.01M | ﹤0.01% |
38,900
-2,000
| -5% | -$52.2K |
|
|
CMO
1432
DELISTED
Capstead Mortgage Corp.
CMO
| $1.01M | ﹤0.01% |
86,200
-4,500
| -5% | -$53.2K |
|
|
JNY
1433
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $1.01M | ﹤0.01% |
67,500
-4,200
| -6% | -$65.9K |
|
|
BLOX
1434
DELISTED
Infoblox Inc
BLOX
| $1.01M | ﹤0.01% |
24,200
-600
| -2% | -$20.9K |
|
|
CHSP
1435
DELISTED
Chesapeake Lodging Trust
CHSP
| $1.01M | ﹤0.01% |
42,900
-3,200
| -7% | -$73.5K |
|
1436
J&J Snack Foods
JJSF
$1.68B
| $1.01M | ﹤0.01% |
12,500
-700
| -5% | -$55.8K |
|
|
RAVN
1437
DELISTED
Raven Industries Inc
RAVN
| $1.01M | ﹤0.01% |
30,800
-2,400
| -7% | -$75.2K |
|
1438
Nektar Therapeutics
NKTR
$2.55B
| $1.01M | ﹤0.01% |
6,420
-340
| -5% | -$62.9K |
|
1439
Methode Electronics
MEI
$595M
| $1M | ﹤0.01% |
35,900
-3,400
| -9% | -$71.8K |
|
|
SNCR
1440
DELISTED
Synchronoss Technologies
SNCR
| $1M | ﹤0.01% |
2,922
-156
| -5% | -$47.5K |
|
|
VGR
1441
DELISTED
Vector Group Ltd.
VGR
| $1M | ﹤0.01% |
117,444
-1,795
| -2% | -$15.1K |
|
|
STSA
1442
DELISTED
STERLING FINL CORP (WA) COM NEW
STSA
| $997K | ﹤0.01% |
34,800
-1,800
| -5% | -$47.6K |
|
1443
Horace Mann Educators
HMN
$2.12B
| $996K | ﹤0.01% |
35,100
-1,900
| -5% | -$52K |
|
|
ARGO
1444
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $996K | ﹤0.01% |
32,325
+418
| +1% | +$13K |
|
1445
Granite Construction
GVA
$5.49B
| $995K | ﹤0.01% |
32,500
-1,700
| -5% | -$51.4K |
|
1446
Acacia Research
ACTG
$451M
| $994K | ﹤0.01% |
43,100
-2,400
| -5% | -$54.9K |
|
|
CAA
1447
DELISTED
CalAtlantic Group, Inc.
CAA
| $993K | ﹤0.01% |
25,120
-1,440
| -5% | -$57K |
|
1448
TFS Financial
TFSL
$4.83B
| $992K | ﹤0.01% |
82,900
-4,400
| -5% | -$50.7K |
|
|
ARNA
1449
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $991K | ﹤0.01% |
18,810
-1,010
| -5% | -$67.8K |
|
1450
Bloomin' Brands
BLMN
$952M
| $987K | ﹤0.01% |
41,800
-2,300
| -5% | -$55.1K |
|
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.