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 | |
|---|---|---|---|---|---|---|
1501
St. Joe Company
JOE
$3.92B
| $1.45M | 0.01% |
78,600
+1,800
| +2% | +$33.9K |
|
1502
NETGEAR
NTGR
$644M
| $1.44M | 0.01% |
40,500
| – | – |
|
1503
Trex
TREX
$5.01B
| $1.44M | 0.01% |
135,200
-2,000
| -1% | -$19.9K |
|
1504
Brady Corp
BRC
$4.47B
| $1.44M | 0.01% |
52,600
+1,200
| +2% | +$29.1K |
|
|
HLSS
1505
DELISTED
HOME LN SERVICING SOLUTIONS LTD(CAYMAN ISLANDS)
HLSS
| $1.44M | 0.01% |
73,600
+1,800
| +3% | +$35.7K |
|
|
FCH
1506
DELISTED
Felcor Lodging Trust
FCH
| $1.43M | 0.01% |
132,200
+2,600
| +2% | +$26.7K |
|
|
WMGI
1507
DELISTED
Wright Medical Group Inc
WMGI
| $1.43M | 0.01% |
53,100
+1,600
| +3% | +$46.8K |
|
|
CNSL
1508
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $1.43M | 0.01% |
51,200
+9,000
| +21% | +$240K |
|
|
STL
1509
DELISTED
Sterling Bancorp
STL
| $1.42M | 0.01% |
98,952
+13,500
| +16% | +$183K |
|
1510
Nelnet
NNI
$4.48B
| $1.42M | 0.01% |
30,700
+500
| +2% | +$22.8K |
|
|
PKY
1511
DELISTED
Parkway, Inc.
PKY
| $1.42M | 0.01% |
77,300
+1,400
| +2% | +$26.7K |
|
1512
Forum Energy Technologies
FET
$932M
| $1.42M | 0.01% |
3,426
+90
| +3% | +$44.4K |
|
1513
Mativ Holdings
MATV
$703M
| $1.42M | 0.01% |
33,500
+800
| +2% | +$33.2K |
|
|
TUMI
1514
DELISTED
TUMI HLDGS INC COM
TUMI
| $1.42M | 0.01% |
59,700
+1,300
| +2% | +$27.5K |
|
|
ARR
1515
Armour Residential REIT
ARR
$2.37B
| $1.42M | 0.01% |
9,623
+230
| +2% | +$35.8K |
|
1516
Rambus
RMBS
$10.8B
| $1.42M | 0.01% |
127,700
+3,300
| +3% | +$37.4K |
|
|
BOBE
1517
DELISTED
Bob Evans Farms, Inc.
BOBE
| $1.41M | 0.01% |
27,600
| – | – |
|
1518
Integer Holdings
ITGR
$4.25B
| $1.41M | 0.01% |
31,374
+658
| +2% | +$28.8K |
|
1519
Apogee Enterprises
APOG
$907M
| $1.41M | 0.01% |
33,200
| – | – |
|
|
KERX
1520
DELISTED
Keryx Biopharmaceuticals Inc
KERX
| $1.4M | 0.01% |
99,200
+2,200
| +2% | +$34.1K |
|
|
IPHS
1521
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.4M | 0.01% |
24,000
+500
| +2% | +$28.1K |
|
1522
Virtus Investment Partners
VRTS
$1.12B
| $1.4M | 0.01% |
8,200
+200
| +3% | +$33.5K |
|
1523
Century Aluminum
CENX
$5.23B
| $1.4M | 0.01% |
57,200
+1,400
| +3% | +$36.1K |
|
1524
Boise Cascade
BCC
$2.95B
| $1.39M | 0.01% |
37,500
+800
| +2% | +$27.6K |
|
1525
Children's Place
PLCE
$56.9M
| $1.39M | 0.01% |
24,400
+400
| +2% | +$20.7K |
|
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.