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 | |
|---|---|---|---|---|---|---|
|
RPAI
1451
DELISTED
RETAIL PROPERTIES OF AMERICA, INC.
RPAI
| $5.42M | ﹤0.01% |
473,074
-16,400
| -3% | -$192K |
|
1452
Corcept Therapeutics
CORT
$12.1B
| $5.41M | ﹤0.01% |
245,700
-6,500
| -3% | -$145K |
|
|
VNE
1453
DELISTED
Veoneer, Inc.
VNE
| $5.39M | ﹤0.01% |
233,800
-8,400
| -3% | -$200K |
|
1454
ESCO Technologies
ESE
$7.78B
| $5.38M | ﹤0.01% |
57,400
-2,100
| -4% | -$212K |
|
|
AGNT
1455
AGNT Inc
AGNT
$752M
| $5.38M | ﹤0.01% |
138,800
+10,900
| +9% | +$376K |
|
1456
Boot Barn
BOOT
$4.92B
| $5.37M | ﹤0.01% |
63,900
-2,100
| -3% | -$154K |
|
1457
Federal Signal
FSS
$7.51B
| $5.37M | ﹤0.01% |
133,400
-4,800
| -3% | -$197K |
|
1458
Penske Automotive Group
PAG
$14.3B
| $5.35M | ﹤0.01% |
70,900
-2,500
| -3% | -$209K |
|
1459
WaFd
WAFD
$2.79B
| $5.32M | ﹤0.01% |
167,300
-5,900
| -3% | -$192K |
|
|
VRN
1460
DELISTED
Veren
VRN
| $5.32M | ﹤0.01% |
1,172,500
-44,100
| -4% | -$185K |
|
1461
WesBanco
WSBC
$4.1B
| $5.28M | ﹤0.01% |
148,245
-5,300
| -3% | -$199K |
|
1462
Hilltop Holdings
HTH
$2.25B
| $5.27M | ﹤0.01% |
144,900
-5,300
| -4% | -$189K |
|
|
HOME
1463
DELISTED
At Home Group Inc.
HOME
| $5.26M | ﹤0.01% |
142,800
+32,600
| +30% | +$1.11M |
|
1464
Helios Technologies
HLIO
$2.66B
| $5.25M | ﹤0.01% |
67,200
-2,500
| -4% | -$183K |
|
1465
Dycom Industries
DY
$12.3B
| $5.24M | ﹤0.01% |
70,300
-2,600
| -4% | -$224K |
|
1466
Piper Sandler
PIPR
$5.34B
| $5.22M | ﹤0.01% |
161,200
+6,000
| +4% | +$184K |
|
1467
Upstart Holdings
UPST
$3.01B
| $5.22M | ﹤0.01% |
+41,800
| New | +$5.14M |
|
|
COOP
1468
DELISTED
Mr. Cooper
COOP
| $5.21M | ﹤0.01% |
157,700
-9,100
| -5% | -$304K |
|
|
MANT
1469
DELISTED
Mantech International Corp
MANT
| $5.21M | ﹤0.01% |
60,187
-1,900
| -3% | -$164K |
|
1470
Cheesecake Factory
CAKE
$5.57B
| $5.2M | ﹤0.01% |
96,000
-3,000
| -3% | -$173K |
|
1471
Healthcare Services Group
HCSG
$1.43B
| $5.2M | ﹤0.01% |
164,663
-5,300
| -3% | -$161K |
|
1472
InMode
INMD
$876M
| $5.2M | ﹤0.01% |
109,800
+28,200
| +35% | +$1.2M |
|
1473
Adeia
ADEA
$3.16B
| $5.18M | ﹤0.01% |
880,914
-32,130
| -4% | -$183K |
|
|
BDN
1474
Brandywine Realty Trust
BDN
$541M
| $5.16M | ﹤0.01% |
376,100
-13,700
| -4% | -$189K |
|
1475
Vicor
VICR
$10.4B
| $5.14M | ﹤0.01% |
48,632
+1,800
| +4% | +$160K |
|
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.