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 | |
|---|---|---|---|---|---|---|
1501
Renasant Corp
RNST
$4B
| $4.96M | ﹤0.01% |
123,900
-4,500
| -4% | -$192K |
|
1502
First Merchants
FRME
$2.72B
| $4.95M | ﹤0.01% |
118,862
-5,200
| -4% | -$237K |
|
1503
Trinity Industries
TRN
$2.3B
| $4.93M | ﹤0.01% |
183,500
-25,100
| -12% | -$708K |
|
1504
Pricesmart
PSMT
$5.49B
| $4.93M | ﹤0.01% |
54,200
+5,100
| +10% | +$455K |
|
1505
Urban Edge Properties
UE
$2.78B
| $4.93M | ﹤0.01% |
257,909
-8,700
| -3% | -$164K |
|
1506
CryoPort
CYRX
$766M
| $4.92M | ﹤0.01% |
78,000
-12,700
| -14% | -$715K |
|
|
ARI
1507
Apollo Commercial Real Estate
ARI
$885M
| $4.92M | ﹤0.01% |
308,239
+3,700
| +1% | +$57.1K |
|
1508
Innospec
IOSP
$2.31B
| $4.91M | ﹤0.01% |
54,203
-2,000
| -4% | -$198K |
|
1509
CareTrust REIT
CTRE
$9.18B
| $4.91M | ﹤0.01% |
211,349
-7,400
| -3% | -$174K |
|
|
FBC
1510
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $4.91M | ﹤0.01% |
116,100
-4,000
| -3% | -$181K |
|
1511
Mueller Industries
MLI
$15.1B
| $4.91M | ﹤0.01% |
453,200
-16,400
| -3% | -$185K |
|
1512
WSFS Financial
WSFS
$4.15B
| $4.9M | ﹤0.01% |
105,240
-10,000
| -9% | -$509K |
|
|
NAV
1513
DELISTED
Navistar International
NAV
| $4.89M | ﹤0.01% |
109,800
+7,400
| +7% | +$328K |
|
1514
HUB Group
HUBG
$2.46B
| $4.88M | ﹤0.01% |
148,000
-5,200
| -3% | -$177K |
|
1515
Towne Bank
TOWN
$3.5B
| $4.87M | ﹤0.01% |
160,115
-5,800
| -3% | -$182K |
|
1516
Cinemark Holdings
CNK
$4.37B
| $4.86M | ﹤0.01% |
221,400
-35,100
| -14% | -$779K |
|
1517
MP Materials
MP
$9.91B
| $4.85M | ﹤0.01% |
+131,700
| New | +$4.09M |
|
1518
Magnolia Oil & Gas
MGY
$6.25B
| $4.83M | ﹤0.01% |
308,800
-10,800
| -3% | -$139K |
|
1519
Telephone and Data Systems
TDS
$4.03B
| $4.81M | ﹤0.01% |
212,400
-7,700
| -3% | -$188K |
|
|
UCTT
1520
Ultra Clean Holdings
UCTT
$4.21B
| $4.81M | ﹤0.01% |
89,500
-3,100
| -3% | -$166K |
|
|
KYNB
1521
Kyntra Bio
KYNB
$28.7M
| $4.81M | ﹤0.01% |
7,220
-264
| -4% | -$152K |
|
1522
Ligand Pharmaceuticals
LGND
$5.76B
| $4.8M | ﹤0.01% |
58,670
-320
| -0.5% | -$26.6K |
|
1523
Liberty Latin America Class C
LILAK
$1.67B
| $4.78M | ﹤0.01% |
373,249
-13,640
| -4% | -$175K |
|
|
MODV
1524
DELISTED
ModivCare
MODV
| $4.78M | ﹤0.01% |
28,100
-2,700
| -9% | -$405K |
|
1525
Winnebago Industries
WGO
$915M
| $4.78M | ﹤0.01% |
70,300
-3,000
| -4% | -$222K |
|
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.