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 |
Stellantis
STLA
|
+$58.6M |
| 2 |
B
Barrick Mining
B
|
+$42.7M |
| 3 |
Henry Schein
HSIC
|
+$41.4M |
| 4 |
Qualcomm
QCOM
|
+$28.7M |
| 5 |
Republic Services
RSG
|
+$28.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KMR
KINDER MORGAN MANAGEMENT LLC
KMR
|
+$64.4M |
| 2 |
General Dynamics
GD
|
+$35.5M |
| 3 |
THI
TIM HORTONS INC COM, CANADA
THI
|
+$31.8M |
| 4 |
Apple
AAPL
|
+$30.2M |
| 5 |
Johnson & Johnson
JNJ
|
+$30M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 14.42% |
| 2 | Technology | 13.9% |
| 3 | Industrials | 10.95% |
| 4 | Consumer Staples | 10.07% |
| 5 | Energy | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ADVS
1476
DELISTED
Advent Software Inc
ADVS
| $1.51M | 0.01% |
49,230
+1,100
| +2% | +$35.1K |
|
1477
Novavax
NVAX
$1.31B
| $1.51M | 0.01% |
12,708
+435
| +4% | +$45.5K |
|
1478
Morningstar
MORN
$7.32B
| $1.5M | 0.01% |
23,200
+500
| +2% | +$33.1K |
|
1479
Kaiser Aluminum
KALU
$3.11B
| $1.5M | 0.01% |
21,000
+300
| +1% | +$21.7K |
|
|
KKD
1480
DELISTED
KRISPY KREME DOUGHNUTS INC
KKD
| $1.5M | 0.01% |
75,800
+6,800
| +10% | +$129K |
|
|
PHH
1481
DELISTED
PHH Corporation
PHH
| $1.49M | 0.01% |
62,300
+1,500
| +2% | +$34.9K |
|
|
GES
1482
DELISTED
Guess Inc
GES
| $1.49M | 0.01% |
70,800
+1,700
| +2% | +$36.3K |
|
1483
Integra LifeSciences
IART
$1.34B
| $1.49M | 0.01% |
67,278
+1,713
| +3% | +$34.7K |
|
|
FLTX
1484
DELISTED
Fleetmatics Group PLC
FLTX
| $1.49M | 0.01% |
+42,000
| New | +$1.44M |
|
|
CRAY
1485
DELISTED
Cray, Inc.
CRAY
| $1.49M | 0.01% |
43,200
+1,100
| +3% | +$35K |
|
1486
Methode Electronics
MEI
$600M
| $1.49M | 0.01% |
40,700
| – | – |
|
1487
Matthews International
MATW
$724M
| $1.48M | 0.01% |
30,400
+800
| +3% | +$36.6K |
|
|
FMBI
1488
DELISTED
First Midwest Bancorp Inc/IL
FMBI
| $1.48M | 0.01% |
86,400
+2,000
| +2% | +$33.2K |
|
1489
Progress Software
PRGS
$1.77B
| $1.47M | 0.01% |
54,500
| – | – |
|
|
TRLA
1490
DELISTED
TRULIA INC (DEL)
TRLA
| $1.47M | 0.01% |
32,000
+1,000
| +3% | +$46.9K |
|
1491
OSI Systems
OSIS
$3.79B
| $1.47M | 0.01% |
20,800
+400
| +2% | +$27.3K |
|
|
LNCO
1492
DELISTED
LINNCO LLC COM SHS REPSTG LTD LIABILITY
LNCO
| $1.47M | 0.01% |
141,936
+3,300
| +2% | +$63.4K |
|
1493
Westamerica Bancorp
WABC
$1.38B
| $1.47M | 0.01% |
30,000
+400
| +1% | +$19.2K |
|
|
WBMD
1494
DELISTED
WebMD Health Corp.
WBMD
| $1.47M | 0.01% |
37,077
+1,300
| +4% | +$49.9K |
|
1495
Meritage Homes
MTH
$4.78B
| $1.47M | 0.01% |
81,400
+2,000
| +3% | +$36.5K |
|
1496
CONMED
CNMD
$1.48B
| $1.46M | 0.01% |
32,500
+700
| +2% | +$29.3K |
|
|
LOGM
1497
DELISTED
LogMein, Inc.
LOGM
| $1.46M | 0.01% |
29,600
+500
| +2% | +$24K |
|
|
RFP
1498
DELISTED
Resolute Forest Products Inc.
RFP
| $1.46M | 0.01% |
82,800
+1,500
| +2% | +$26.2K |
|
|
CTCT
1499
DELISTED
CONSTANT CONTACT, INC COM
CTCT
| $1.46M | 0.01% |
39,700
+900
| +2% | +$29.5K |
|
1500
BJ's Restaurants
BJRI
$1.47B
| $1.46M | 0.01% |
29,000
| – | – |
|
Similar funds
Swiss National Bank's Q4 2014 Portfolio in Review
As of Q4 2014, Swiss National Bank held 2,649 positions worth $26.7B, up 2.3% from $26.1B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Swiss National Bank's Q4 2014 filing shows 120 new, 1,249 increased, 564 reduced and 81 closed positions. Its largest new stake was Stellantis: 7,902,518 shares worth $59.9M. The largest sale was KINDER MORGAN MANAGEMENT LLC, an estimated $64.4M.
By sector, the portfolio is most concentrated in Healthcare at 14% of assets, up from 14% a quarter earlier, followed by Technology and Industrials.
- Swiss National Bank's largest Q4 2014 buy was Stellantis: 7,902,518 shares worth $59.9M.
- Swiss National Bank added most to Barrick Mining in Q4 2014, an estimated $42.7M increase.
- Swiss National Bank's biggest Q4 2014 reduction was Apple, cutting an estimated $30.2M.
- Swiss National Bank fully exited KINDER MORGAN MANAGEMENT LLC in Q4 2014, selling an estimated $64.4M.
- Swiss National Bank's ten largest holdings make up 13% of its $26.7B portfolio in Q4 2014.
- Swiss National Bank opened 120 new positions and closed 81 in Q4 2014.
- Swiss National Bank's portfolio value rose 2.3% quarter-over-quarter to $26.7B.
Based on Swiss National Bank's 13F filing for Q4 2014, filed 3 Feb 2015.