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 | |
|---|---|---|---|---|---|---|
1551
OSI Systems
OSIS
$3.84B
| $1.26M | ﹤0.01% |
21,000
+4,900
| +30% | +$293K |
|
1552
Columbia Sportswear
COLM
$2.88B
| $1.26M | ﹤0.01% |
30,400
+7,200
| +31% | +$287K |
|
1553
Werner Enterprises
WERN
$2.18B
| $1.25M | ﹤0.01% |
49,200
+10,700
| +28% | +$274K |
|
|
LTXB
1554
DELISTED
LegacyTexas Financial Group Inc
LTXB
| $1.25M | ﹤0.01% |
43,300
+9,500
| +28% | +$246K |
|
|
MDC
1555
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.25M | ﹤0.01% |
61,248
+13,750
| +29% | +$294K |
|
|
EXAM
1556
DELISTED
EXAMWORKS GROUP INC COM STK (DE)
EXAM
| $1.25M | ﹤0.01% |
35,600
+8,900
| +33% | +$289K |
|
|
SAVE
1557
DELISTED
Spirit Airlines, Inc.
SAVE
| $1.24M | ﹤0.01% |
20,900
+4,500
| +27% | +$236K |
|
1558
Children's Place
PLCE
$56.3M
| $1.24M | ﹤0.01% |
24,800
+5,200
| +27% | +$278K |
|
|
INFN
1559
DELISTED
Infinera Corporation Common Stock
INFN
| $1.24M | ﹤0.01% |
136,000
+32,400
| +31% | +$284K |
|
|
DYN
1560
DELISTED
Dynegy, Inc.
DYN
| $1.24M | ﹤0.01% |
49,500
+4,300
| +10% | +$95K |
|
|
CSH
1561
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $1.24M | ﹤0.01% |
70,308
+14,988
| +27% | +$266K |
|
1562
Tennant Co
TNC
$1.13B
| $1.23M | ﹤0.01% |
18,800
+4,500
| +31% | +$289K |
|
1563
Integra LifeSciences
IART
$1.35B
| $1.23M | ﹤0.01% |
65,565
+14,923
| +29% | +$288K |
|
1564
Boyd Gaming
BYD
$5.98B
| $1.23M | ﹤0.01% |
93,300
+33,600
| +56% | +$389K |
|
|
UTIW
1565
DELISTED
UTI WORLDWIDE INC
UTIW
| $1.23M | ﹤0.01% |
116,300
+26,600
| +30% | +$379K |
|
1566
Dycom Industries
DY
$12.1B
| $1.23M | ﹤0.01% |
38,900
+8,900
| +30% | +$255K |
|
|
ENV
1567
DELISTED
ENVESTNET, INC.
ENV
| $1.23M | ﹤0.01% |
30,600
+7,200
| +31% | +$309K |
|
|
HK
1568
DELISTED
Halcon Resources Corporation
HK
| $1.23M | ﹤0.01% |
1,648
+378
| +30% | +$240K |
|
1569
Methode Electronics
MEI
$595M
| $1.23M | ﹤0.01% |
40,100
+9,100
| +29% | +$301K |
|
1570
Main Street Capital
MAIN
$5.52B
| $1.23M | ﹤0.01% |
37,300
+5,600
| +18% | +$191K |
|
|
VOLC
1571
DELISTED
VOLCANO CORPORATION COM STK
VOLC
| $1.23M | ﹤0.01% |
62,200
+14,100
| +29% | +$302K |
|
|
SFR
1572
DELISTED
Starwood Waypoint Homes
SFR
| $1.23M | ﹤0.01% |
+42,540
| New | +$1.2M |
|
1573
Nexstar Media Group
NXST
$5.69B
| $1.22M | ﹤0.01% |
32,600
+7,800
| +31% | +$338K |
|
1574
Trex
TREX
$5.07B
| $1.22M | ﹤0.01% |
133,600
+28,000
| +27% | +$251K |
|
|
DDC
1575
DELISTED
Dominion Diamond Corporation
DDC
| $1.22M | ﹤0.01% |
90,600
+19,300
| +27% | +$273K |
|
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.