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 |
Verizon
VZ
|
+$91.5M |
| 2 |
VRN
Veren
VRN
|
+$44.4M |
| 3 |
Perrigo
PRGO
|
+$25.6M |
| 4 |
VER
VEREIT, Inc.
VER
|
+$7.63M |
| 5 |
Liberty Global Class C
LBTYK
|
+$6.77M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$51.2M |
| 2 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$43.4M |
| 3 |
ExxonMobil
XOM
|
+$41.4M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$27.7M |
| 5 |
Microsoft
MSFT
|
+$27.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.36% |
| 2 | Technology | 13.06% |
| 3 | Energy | 11.79% |
| 4 | Industrials | 11.18% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
QLGC
1526
DELISTED
QLOGIC CORP
QLGC
| $1.29M | 0.01% |
101,400
+20,500
| +25% | +$240K |
|
|
JNY
1527
DELISTED
JONES GROUP INC COM STK (PA)
JNY
| $1.29M | 0.01% |
86,400
+18,900
| +28% | +$282K |
|
1528
Integer Holdings
ITGR
$4.25B
| $1.29M | 0.01% |
30,716
+6,911
| +29% | +$276K |
|
1529
Sturm, Ruger & Co
RGR
$598M
| $1.29M | 0.01% |
21,500
+4,800
| +29% | +$338K |
|
|
IRBT
1530
DELISTED
iRobot
IRBT
| $1.28M | 0.01% |
31,300
+7,300
| +30% | +$292K |
|
1531
Alamos Gold
AGI
$14B
| $1.28M | 0.01% |
141,500
+30,600
| +28% | +$311K |
|
|
FOE
1532
DELISTED
Ferro Corporation
FOE
| $1.28M | 0.01% |
93,900
+20,700
| +28% | +$275K |
|
|
PKY
1533
DELISTED
Parkway, Inc.
PKY
| $1.28M | 0.01% |
70,300
+23,800
| +51% | +$429K |
|
|
EDR
1534
DELISTED
Education Realty Trust Inc
EDR
| $1.28M | 0.01% |
43,300
+9,800
| +29% | +$274K |
|
1535
Scansource
SCSC
$1.05B
| $1.28M | 0.01% |
31,400
+7,200
| +30% | +$284K |
|
|
CJES
1536
DELISTED
C&J ENERGY SVCS LTD
CJES
| $1.28M | 0.01% |
43,900
+9,900
| +29% | +$244K |
|
1537
First Majestic Silver
AG
$9.35B
| $1.28M | 0.01% |
132,000
+28,000
| +27% | +$305K |
|
|
BDBD
1538
DELISTED
BOULDER BRANDS INC
BDBD
| $1.28M | 0.01% |
72,500
+15,300
| +27% | +$235K |
|
1539
Oxford Industries
OXM
$542M
| $1.27M | 0.01% |
16,300
+3,800
| +30% | +$293K |
|
|
ATMI
1540
DELISTED
A T M I INC
ATMI
| $1.27M | 0.01% |
37,500
+7,900
| +27% | +$255K |
|
1541
WD-40
WDFC
$3.13B
| $1.27M | 0.01% |
16,400
+3,500
| +27% | +$255K |
|
1542
Molina Healthcare
MOH
$10.2B
| $1.27M | 0.01% |
33,800
+7,700
| +30% | +$284K |
|
1543
Progress Software
PRGS
$1.77B
| $1.27M | 0.01% |
58,200
+10,700
| +23% | +$256K |
|
|
JE
1544
DELISTED
Just Energy Group Inc
JE
| $1.27M | 0.01% |
4,758
+1,061
| +29% | +$265K |
|
|
LOGM
1545
DELISTED
LogMein, Inc.
LOGM
| $1.27M | 0.01% |
28,200
+5,400
| +24% | +$208K |
|
|
TPC
1546
Tutor Perini Cor
TPC
$5.13B
| $1.26M | 0.01% |
44,100
+9,900
| +29% | +$251K |
|
|
SUSS
1547
DELISTED
SUSSER HOLDINGS CORPORATION COMMON STOCK
SUSS
| $1.26M | 0.01% |
20,200
+4,800
| +31% | +$296K |
|
|
PDLI
1548
DELISTED
PDL BioPharma, Inc.
PDLI
| $1.26M | ﹤0.01% |
151,600
+35,400
| +30% | +$303K |
|
1549
Caleres
CAL
$475M
| $1.26M | ﹤0.01% |
47,400
+10,300
| +28% | +$259K |
|
|
SAFE
1550
Safehold
SAFE
$1.08B
| $1.26M | ﹤0.01% |
17,503
+3,821
| +28% | +$280K |
|
Similar funds
Swiss National Bank's Q1 2014 Portfolio in Review
As of Q1 2014, Swiss National Bank held 2,515 positions worth $25.5B, down 0.58% from $25.6B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 1.2%. Swiss National Bank opened 8 new positions and exited 21, leaving the 2,515-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Technology and Energy.
- Swiss National Bank's largest Q1 2014 buy was Veren: 1,374,746 shares worth $46M.
- Swiss National Bank added most to Verizon in Q1 2014, an estimated $91.5M increase.
- Swiss National Bank's biggest Q1 2014 reduction was Apple, cutting an estimated $51.2M.
- Swiss National Bank fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $43.4M.
- Swiss National Bank's ten largest holdings make up 13% of its $25.5B portfolio in Q1 2014.
- Swiss National Bank opened 8 new positions and closed 21 in Q1 2014.
- Swiss National Bank's portfolio value fell 0.58% quarter-over-quarter to $25.5B.
Based on Swiss National Bank's 13F filing for Q1 2014, filed 6 May 2014.