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 | |
|---|---|---|---|---|---|---|
|
EXPR
1551
DELISTED
Express, Inc.
EXPR
| $1.35M | 0.01% |
4,580
+105
| +2% | +$30.3K |
|
1552
Omnicell
OMCL
$1.68B
| $1.34M | 0.01% |
40,500
| – | – |
|
1553
Seaboard Corp
SEB
$3.99B
| $1.33M | 0.01% |
318
| – | – |
|
1554
Innoviva
INVA
$1.5B
| $1.33M | 0.01% |
94,300
+4,000
| +4% | +$60.1K |
|
1555
Northwest Bancshares
NWBI
$2.29B
| $1.33M | 0.01% |
105,900
+2,300
| +2% | +$28.8K |
|
1556
Churchill Downs
CHDN
$6.18B
| $1.32M | 0.01% |
83,400
| – | – |
|
|
FINL
1557
DELISTED
Finish Line
FINL
| $1.32M | ﹤0.01% |
54,200
+800
| +1% | +$21K |
|
|
BEL
1558
DELISTED
Belmond Ltd.
BEL
| $1.32M | ﹤0.01% |
106,500
+2,200
| +2% | +$25.1K |
|
|
MEG
1559
DELISTED
Media General, Inc
MEG
| $1.31M | ﹤0.01% |
78,600
+35,700
| +83% | +$534K |
|
|
INN
1560
Summit Hotel Properties
INN
$651M
| $1.31M | ﹤0.01% |
105,600
+14,000
| +15% | +$162K |
|
|
SEM
1561
DELISTED
Select Medical
SEM
| $1.31M | ﹤0.01% |
169,082
+2,784
| +2% | +$20.3K |
|
|
GHL
1562
DELISTED
Greenhill & Co., Inc.
GHL
| $1.31M | ﹤0.01% |
30,100
+800
| +3% | +$35.6K |
|
|
GPT
1563
DELISTED
Gramercy Property Trust
GPT
| $1.31M | ﹤0.01% |
63,400
+26,167
| +70% | +$479K |
|
|
SPWR
1564
DELISTED
SunPower Corporation Common Stock
SPWR
| $1.31M | ﹤0.01% |
77,419
+1,985
| +3% | +$36.8K |
|
|
NTUS
1565
DELISTED
Natus Medical Inc
NTUS
| $1.3M | ﹤0.01% |
36,200
+1,100
| +3% | +$37K |
|
|
SHLM
1566
DELISTED
Schulman (A.) Inc
SHLM
| $1.3M | ﹤0.01% |
32,100
+600
| +2% | +$21.7K |
|
|
CUB
1567
DELISTED
Cubic Corporation
CUB
| $1.3M | ﹤0.01% |
24,700
+600
| +2% | +$29.5K |
|
|
FNFV
1568
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $1.29M | ﹤0.01% |
107,576
+2,493
| +2% | +$26.8K |
|
|
UTIW
1569
DELISTED
UTI WORLDWIDE INC
UTIW
| $1.29M | ﹤0.01% |
106,800
| – | – |
|
1570
Universal Display
OLED
$4.32B
| $1.29M | ﹤0.01% |
46,400
+1,100
| +2% | +$31.3K |
|
1571
Descartes Systems
DSGX
$6.78B
| $1.29M | ﹤0.01% |
+86,500
| New | +$1.25M |
|
|
INVN
1572
DELISTED
Invensense Inc
INVN
| $1.28M | ﹤0.01% |
78,900
+2,300
| +3% | +$38.6K |
|
1573
Brink's
BCO
$4.69B
| $1.28M | ﹤0.01% |
52,500
+1,300
| +3% | +$29.1K |
|
1574
ArcBest
ARCB
$3.03B
| $1.28M | ﹤0.01% |
27,600
| – | – |
|
|
VRTU
1575
DELISTED
Virtusa Corporation
VRTU
| $1.28M | ﹤0.01% |
30,700
| – | – |
|
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.