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
|
+$106M |
| 2 |
NXP Semiconductors
NXPI
|
+$93.6M |
| 3 |
Alibaba
BABA
|
+$90M |
| 4 |
ExxonMobil
XOM
|
+$83.7M |
| 5 |
Charter Communications
CHTR
|
+$82.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brookfield
BN
|
+$162M |
| 2 |
B
Barrick Mining
B
|
+$156M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$144M |
| 4 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$65.4M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$38M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.13% |
| 2 | Technology | 14.52% |
| 3 | Consumer Staples | 10.68% |
| 4 | Consumer Discretionary | 10.21% |
| 5 | Industrials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RP
1476
DELISTED
RealPage, Inc.
RP
| $2.09M | ﹤0.01% |
93,700
+23,800
| +34% | +$515K |
|
|
ARIA
1477
DELISTED
Ariad Pharmaceuticals Inc
ARIA
| $2.09M | ﹤0.01% |
282,800
-11,400
| -4% | -$85.5K |
|
1478
Pacira BioSciences
PCRX
$924M
| $2.09M | ﹤0.01% |
61,900
+800
| +1% | +$39.3K |
|
|
NP
1479
DELISTED
Neenah, Inc. Common Stock
NP
| $2.08M | ﹤0.01% |
28,700
+500
| +2% | +$33.6K |
|
|
DNR
1480
DELISTED
Denbury Resources, Inc.
DNR
| $2.08M | ﹤0.01% |
578,500
| – | – |
|
1481
Renasant Corp
RNST
$4B
| $2.07M | ﹤0.01% |
64,100
+3,200
| +5% | +$107K |
|
1482
Simmons First National
SFNC
$3.46B
| $2.06M | ﹤0.01% |
89,380
-2,800
| -3% | -$64.3K |
|
|
IMPV
1483
DELISTED
Imperva, Inc.
IMPV
| $2.06M | ﹤0.01% |
47,939
+1,400
| +3% | +$58.8K |
|
1484
Methode Electronics
MEI
$593M
| $2.06M | ﹤0.01% |
60,200
| – | – |
|
|
SRCI
1485
DELISTED
SRC Energy Inc
SRCI
| $2.06M | ﹤0.01% |
309,028
+126,928
| +70% | +$860K |
|
1486
Comfort Systems
FIX
$60.8B
| $2.06M | ﹤0.01% |
63,100
| – | – |
|
1487
Knowles
KN
$3.23B
| $2.05M | ﹤0.01% |
149,900
+2,200
| +1% | +$30.3K |
|
1488
Omnicell
OMCL
$1.72B
| $2.05M | ﹤0.01% |
59,800
+900
| +2% | +$28.1K |
|
|
NTUS
1489
DELISTED
Natus Medical Inc
NTUS
| $2.04M | ﹤0.01% |
54,100
| – | – |
|
1490
Abercrombie & Fitch
ANF
$4.84B
| $2.04M | ﹤0.01% |
114,500
-1,800
| -2% | -$42.9K |
|
1491
KB Home
KBH
$3.45B
| $2.04M | ﹤0.01% |
133,800
-8,400
| -6% | -$117K |
|
1492
Baytex Energy
BTE
$3B
| $2.03M | ﹤0.01% |
351,600
| – | – |
|
|
SFR
1493
DELISTED
Starwood Waypoint Homes
SFR
| $2.03M | ﹤0.01% |
66,640
| – | – |
|
1494
Gentherm
THRM
$1.32B
| $2.02M | ﹤0.01% |
59,100
+3,000
| +5% | +$114K |
|
|
STAY
1495
DELISTED
Extended Stay America, Inc. Paired Share Unit
STAY
| $2.02M | ﹤0.01% |
135,386
| – | – |
|
|
INN
1496
Summit Hotel Properties
INN
$656M
| $2.02M | ﹤0.01% |
152,700
+3,000
| +2% | +$35.8K |
|
|
ASRT
1497
DELISTED
Assertio
ASRT
| $2.02M | ﹤0.01% |
1,717
+15
| +0.9% | +$16.4K |
|
1498
Clearwater Paper
CLW
$354M
| $2.02M | ﹤0.01% |
30,900
-1,300
| -4% | -$76K |
|
|
SUM
1499
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $2.02M | ﹤0.01% |
102,908
+15,968
| +18% | +$319K |
|
|
JOYY
1500
JOYY Inc
JOYY
$3.64B
| $2.01M | ﹤0.01% |
59,367
+38,252
| +181% | +$1.91M |
|
Similar funds
Swiss National Bank's Q2 2016 Portfolio in Review
As of Q2 2016, Swiss National Bank held 2,670 positions worth $61.8B, up 13% from $54.5B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.47B of net new capital in Q2 2016, opening 59 new positions and adding to 1,417 existing holdings. Its largest new stake was Under Armour Class C: 522,612 shares worth $19M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 15% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the largest reduction was Kimberly-Clark, an estimated $19.6M trimmed.
- Swiss National Bank's largest Q2 2016 buy was Under Armour Class C: 522,612 shares worth $19M.
- Swiss National Bank added most to Apple in Q2 2016, an estimated $106M increase.
- Swiss National Bank's biggest Q2 2016 reduction was Kimberly-Clark, cutting an estimated $19.6M.
- Swiss National Bank fully exited Brookfield in Q2 2016, selling an estimated $162M.
- Swiss National Bank's ten largest holdings make up 15% of its $61.8B portfolio in Q2 2016.
- Swiss National Bank opened 59 new positions and closed 89 in Q2 2016.
- Swiss National Bank's portfolio value rose 13% quarter-over-quarter to $61.8B.
Based on Swiss National Bank's 13F filing for Q2 2016, filed 3 Aug 2016.