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 | 27.33% |
| 2 | Healthcare | 14.29% |
| 3 | Consumer Discretionary | 13.28% |
| 4 | Communication Services | 11.64% |
| 5 | Industrials | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1426
Jack in the Box
JACK
$358M
| $5.61M | ﹤0.01% |
50,300
+1,000
| +2% | +$117K |
|
|
AMRS
1427
DELISTED
Amyris Inc.
AMRS
| $5.6M | ﹤0.01% |
342,000
-13,300
| -4% | -$198K |
|
1428
Tronox
TROX
$958M
| $5.58M | ﹤0.01% |
249,300
-10,600
| -4% | -$233K |
|
1429
Protolabs
PRLB
$2.21B
| $5.58M | ﹤0.01% |
60,800
+2,700
| +5% | +$266K |
|
1430
Virtu Financial
VIRT
$5.04B
| $5.58M | ﹤0.01% |
202,000
+61,600
| +44% | +$1.83M |
|
1431
Madison Square Garden
MSGS
$9.97B
| $5.58M | ﹤0.01% |
32,333
-3,500
| -10% | -$633K |
|
1432
Sanmina
SANM
$11.2B
| $5.58M | ﹤0.01% |
143,100
-5,500
| -4% | -$227K |
|
|
KW
1433
DELISTED
Kennedy-Wilson Holdings
KW
| $5.57M | ﹤0.01% |
280,468
-12,200
| -4% | -$246K |
|
|
DRNA
1434
DELISTED
Dicerna Pharmaceuticals, Inc.
DRNA
| $5.56M | ﹤0.01% |
148,900
+3,200
| +2% | +$98.1K |
|
1435
RLJ Lodging Trust
RLJ
$1.67B
| $5.54M | ﹤0.01% |
363,658
-13,400
| -4% | -$209K |
|
1436
LendingTree
TREE
$461M
| $5.52M | ﹤0.01% |
26,050
-900
| -3% | -$189K |
|
|
SPWR
1437
DELISTED
SunPower Corporation Common Stock
SPWR
| $5.49M | ﹤0.01% |
188,000
-25,800
| -12% | -$666K |
|
1438
Fluor
FLR
$6.96B
| $5.49M | ﹤0.01% |
310,200
+5,000
| +2% | +$103K |
|
1439
Sally Beauty Holdings
SBH
$1.55B
| $5.49M | ﹤0.01% |
248,700
-9,100
| -4% | -$192K |
|
1440
Independent Bank
INDB
$4.05B
| $5.49M | ﹤0.01% |
72,678
-2,700
| -4% | -$217K |
|
|
THS
1441
DELISTED
Treehouse Foods
THS
| $5.48M | ﹤0.01% |
123,151
-6,000
| -5% | -$296K |
|
1442
Gibraltar Industries
ROCK
$1.46B
| $5.48M | ﹤0.01% |
71,800
-2,500
| -3% | -$207K |
|
1443
Celsius Holdings
CELH
$7.28B
| $5.47M | ﹤0.01% |
215,700
+19,200
| +10% | +$391K |
|
1444
TransAlta
TAC
$3.92B
| $5.45M | ﹤0.01% |
546,000
-89,000
| -14% | -$859K |
|
1445
Forward Air
FWRD
$682M
| $5.44M | ﹤0.01% |
60,600
-2,300
| -4% | -$212K |
|
1446
Moog Inc Class A
MOG.A
$13.6B
| $5.44M | ﹤0.01% |
64,700
-2,400
| -4% | -$208K |
|
|
B
1447
DELISTED
Barnes Group Inc.
B
| $5.44M | ﹤0.01% |
106,100
-3,800
| -3% | -$197K |
|
1448
Axos Financial
AX
$5.72B
| $5.44M | ﹤0.01% |
117,200
-3,900
| -3% | -$182K |
|
|
CMRC
1449
Commerce.com Inc Series 1
CMRC
$179M
| $5.43M | ﹤0.01% |
83,700
+54,400
| +186% | +$3.08M |
|
|
UNIT
1450
Uniti Group
UNIT
$2.31B
| $5.43M | ﹤0.01% |
513,074
-18,700
| -4% | -$203K |
|
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.