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 | |
|---|---|---|---|---|---|---|
1451
MGE Energy Inc
MGEE
$3.06B
| $987K | ﹤0.01% |
27,150
-1,650
| -6% | -$61.6K |
|
|
NPKI
1452
NPK International
NPKI
$1.18B
| $987K | ﹤0.01% |
78,000
-3,800
| -5% | -$44.7K |
|
1453
Forum Energy Technologies
FET
$934M
| $985K | ﹤0.01% |
1,824
-125
| -6% | -$69.9K |
|
|
CMD
1454
DELISTED
Cantel Medical Corporation
CMD
| $983K | ﹤0.01% |
30,850
-2,600
| -8% | -$69.1K |
|
|
EVER
1455
DELISTED
Everbank Financial Corp
EVER
| $983K | ﹤0.01% |
65,600
-3,000
| -4% | -$46.3K |
|
1456
Northwest Natural Holdings
NWN
$2.12B
| $982K | ﹤0.01% |
23,400
-1,300
| -5% | -$55.3K |
|
1457
AAR Corp
AIR
$5.86B
| $981K | ﹤0.01% |
35,900
-1,800
| -5% | -$46K |
|
|
AF
1458
DELISTED
Astoria Financial Corporation
AF
| $980K | ﹤0.01% |
78,800
-4,300
| -5% | -$53.1K |
|
1459
Flotek Industries
FTK
$1.41B
| $978K | ﹤0.01% |
7,083
-267
| -4% | -$32.4K |
|
1460
Universal Corp
UVV
$1.15B
| $978K | ﹤0.01% |
19,200
-1,000
| -5% | -$55.3K |
|
|
IPHS
1461
DELISTED
Innophos Holdings, Inc.
IPHS
| $976K | ﹤0.01% |
18,500
-1,000
| -5% | -$50.4K |
|
|
EPL
1462
DELISTED
EPL OIL & GAS, INC COMMON STK
EPL
| $976K | ﹤0.01% |
26,300
-1,300
| -5% | -$43.4K |
|
|
VCI
1463
DELISTED
VALASSIS COMMUNICATIONS INC
VCI
| $973K | ﹤0.01% |
33,700
-2,100
| -6% | -$59.1K |
|
|
KKD
1464
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $973K | ﹤0.01% |
50,300
-1,100
| -2% | -$22.4K |
|
1465
Diamondback Energy
FANG
$56.5B
| $972K | ﹤0.01% |
22,800
+1,400
| +7% | +$56.9K |
|
|
WPRT
1466
Westport Fuel Systems
WPRT
$36.7M
| $972K | ﹤0.01% |
4,010
-200
| -5% | -$58.4K |
|
|
ISBC
1467
DELISTED
Investors Bancorp, Inc.
ISBC
| $971K | ﹤0.01% |
113,176
-5,607
| -5% | -$48.1K |
|
|
HK
1468
DELISTED
Halcon Resources Corporation
HK
| $970K | ﹤0.01% |
1,270
+291
| +30% | +$265K |
|
1469
Nelnet
NNI
$4.48B
| $969K | ﹤0.01% |
25,200
-1,400
| -5% | -$54.1K |
|
|
SPWR
1470
DELISTED
SunPower Corporation Common Stock
SPWR
| $968K | ﹤0.01% |
56,499
-3,359
| -6% | -$52.4K |
|
|
OMX
1471
DELISTED
OFFICEMAX INCORPORATED
OMX
| $966K | ﹤0.01% |
75,500
-4,100
| -5% | -$46.3K |
|
|
OMG
1472
DELISTED
OM GROUP INC.
OMG
| $963K | ﹤0.01% |
28,500
-1,800
| -6% | -$56K |
|
|
MTGE
1473
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $962K | ﹤0.01% |
48,700
-2,600
| -5% | -$50.3K |
|
1474
Dine Brands
DIN
$454M
| $959K | ﹤0.01% |
13,900
-700
| -5% | -$48K |
|
1475
FerroAtlántica
GSM
$854M
| $959K | ﹤0.01% |
62,200
-4,100
| -6% | -$52.4K |
|
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.