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
|
+$62.7M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$43.7M |
| 3 |
AvalonBay Communities
AVB
|
+$36.7M |
| 4 |
Simon Property Group
SPG
|
+$36.4M |
| 5 |
AGNC Investment
AGNC
|
+$35.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$52.7M |
| 2 |
Cencora
COR
|
+$39.6M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
+$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
+$30M |
| 5 |
Ecolab
ECL
|
+$29.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.5% |
| 3 | Industrials | 10.63% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AF
1551
DELISTED
Astoria Financial Corporation
AF
| $1.45M | ﹤0.01% |
104,900
+3,100
| +3% | +$41.3K |
|
|
SHLM
1552
DELISTED
Schulman (A.) Inc
SHLM
| $1.44M | ﹤0.01% |
33,000
+900
| +3% | +$40.1K |
|
1553
The Greenbrier Companies
GBX
$1.42B
| $1.44M | ﹤0.01% |
30,700
| – | – |
|
|
CYS
1554
DELISTED
CYS Investments Inc.
CYS
| $1.43M | ﹤0.01% |
185,000
+5,000
| +3% | +$44K |
|
|
WSTC
1555
DELISTED
West Corporation
WSTC
| $1.43M | ﹤0.01% |
47,400
+7,700
| +19% | +$243K |
|
1556
Franklin Electric
FELE
$4.68B
| $1.43M | ﹤0.01% |
44,100
| – | – |
|
1557
FerroAtlántica
GSM
$818M
| $1.42M | ﹤0.01% |
80,300
+8,400
| +12% | +$167K |
|
1558
Descartes Systems
DSGX
$6.62B
| $1.42M | ﹤0.01% |
88,000
+1,500
| +2% | +$23.3K |
|
|
TUMI
1559
DELISTED
TUMI HLDGS INC COM
TUMI
| $1.42M | ﹤0.01% |
69,100
+9,400
| +16% | +$205K |
|
|
EIGI
1560
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $1.42M | ﹤0.01% |
68,600
+1,200
| +2% | +$25K |
|
1561
ICU Medical
ICUI
$4.58B
| $1.42M | ﹤0.01% |
14,800
+700
| +5% | +$65.4K |
|
|
ENV
1562
DELISTED
ENVESTNET, INC.
ENV
| $1.42M | ﹤0.01% |
35,000
+3,600
| +11% | +$173K |
|
|
KNL
1563
DELISTED
Knoll, Inc.
KNL
| $1.41M | ﹤0.01% |
56,400
+1,700
| +3% | +$40.1K |
|
1564
The Ensign Group
ENSG
$10.6B
| $1.4M | ﹤0.01% |
58,795
+4,276
| +8% | +$93.9K |
|
1565
Insight Enterprises
NSIT
$4.6B
| $1.4M | ﹤0.01% |
46,900
| – | – |
|
1566
Repligen
RGEN
$9.45B
| $1.4M | ﹤0.01% |
34,000
+1,000
| +3% | +$36.6K |
|
|
INN
1567
Summit Hotel Properties
INN
$656M
| $1.4M | ﹤0.01% |
107,800
| – | – |
|
|
SPTN
1568
DELISTED
SpartanNash
SPTN
| $1.4M | ﹤0.01% |
42,980
+1,000
| +2% | +$32K |
|
1569
Gogo Inc
GOGO
$377M
| $1.4M | ﹤0.01% |
65,100
+2,100
| +3% | +$44.8K |
|
1570
Werner Enterprises
WERN
$2.31B
| $1.39M | ﹤0.01% |
53,100
| – | – |
|
|
MYCC
1571
DELISTED
ClubCorp Holdings, Inc.
MYCC
| $1.39M | ﹤0.01% |
58,394
+19,600
| +51% | +$433K |
|
1572
Super Micro Computer
SMCI
$25.3B
| $1.39M | ﹤0.01% |
471,000
+11,000
| +2% | +$36.2K |
|
1573
Northwest Bancshares
NWBI
$2.31B
| $1.39M | ﹤0.01% |
108,600
+2,700
| +3% | +$33.3K |
|
1574
Lindsay Corp
LNN
$1.17B
| $1.39M | ﹤0.01% |
15,800
| – | – |
|
1575
Benchmark Electronics
BHE
$2.89B
| $1.39M | ﹤0.01% |
63,700
| – | – |
|
Similar funds
Swiss National Bank's Q2 2015 Portfolio in Review
As of Q2 2015, Swiss National Bank held 2,650 positions worth $38.6B, up 3% from $37.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Swiss National Bank deployed $1.55B of net new capital in Q2 2015, opening 104 new positions and adding to 1,775 existing holdings. Its largest new stake was Aramark: 434,198 shares worth $9.71M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Qualcomm, an estimated $52.7M trimmed.
- Swiss National Bank's largest Q2 2015 buy was Aramark: 434,198 shares worth $9.71M.
- Swiss National Bank added most to Apple in Q2 2015, an estimated $62.7M increase.
- Swiss National Bank's biggest Q2 2015 reduction was Qualcomm, cutting an estimated $52.7M.
- Swiss National Bank fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $35.8M.
- Swiss National Bank's ten largest holdings make up 14% of its $38.6B portfolio in Q2 2015.
- Swiss National Bank opened 104 new positions and closed 70 in Q2 2015.
- Swiss National Bank's portfolio value rose 3% quarter-over-quarter to $38.6B.
Based on Swiss National Bank's 13F filing for Q2 2015, filed 5 Aug 2015.