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 |
DXC Technology
DXC
|
+$79.7M |
| 2 |
Dell
DELL
|
+$72.6M |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$63.3M |
| 4 |
Microsoft
MSFT
|
+$54.9M |
| 5 |
Altria Group
MO
|
+$53.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$149M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$63.3M |
| 3 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$58.3M |
| 4 |
VAL
Valspar
VAL
|
+$38.8M |
| 5 |
WWAV
The WhiteWave Foods Company
WWAV
|
+$36.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.83% |
| 2 | Healthcare | 15.56% |
| 3 | Consumer Discretionary | 10.99% |
| 4 | Communication Services | 10.5% |
| 5 | Industrials | 10.42% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
AAMI
1626
Acadian Asset Management
AAMI
$3.22B
| $1.88M | ﹤0.01% |
126,560
+32,500
| +35% | +$481K |
|
1627
Mativ Holdings
MATV
$706M
| $1.87M | ﹤0.01% |
50,300
| – | – |
|
|
NGHC
1628
DELISTED
National General Holdings Corp
NGHC
| $1.87M | ﹤0.01% |
88,722
-7,100
| -7% | -$157K |
|
1629
Coca-Cola Consolidated
COKE
$12.4B
| $1.87M | ﹤0.01% |
81,650
| – | – |
|
1630
Community Health Systems
CYH
$415M
| $1.87M | ﹤0.01% |
187,326
| – | – |
|
1631
Q2 Holdings
QTWO
$3.96B
| $1.87M | ﹤0.01% |
50,500
+8,000
| +19% | +$304K |
|
|
TPC
1632
Tutor Perini Cor
TPC
$5.18B
| $1.87M | ﹤0.01% |
64,900
| – | – |
|
1633
AAR Corp
AIR
$5.74B
| $1.86M | ﹤0.01% |
53,500
| – | – |
|
|
FSP
1634
Franklin Street Properties
FSP
$45.3M
| $1.86M | ﹤0.01% |
167,863
| – | – |
|
|
TBI
1635
Trueblue
TBI
$323M
| $1.85M | ﹤0.01% |
70,000
| – | – |
|
|
LHCG
1636
DELISTED
LHC Group LLC
LHCG
| $1.85M | ﹤0.01% |
27,235
+1,700
| +7% | +$102K |
|
|
BRKL
1637
DELISTED
Brookline Bancorp
BRKL
| $1.85M | ﹤0.01% |
126,600
+10,000
| +9% | +$145K |
|
|
ENLC
1638
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $1.85M | ﹤0.01% |
105,023
+15,000
| +17% | +$268K |
|
1639
Rush Enterprises Class A
RUSHA
$6.23B
| $1.83M | ﹤0.01% |
110,700
| – | – |
|
1640
Lattice Semiconductor
LSCC
$18.2B
| $1.82M | ﹤0.01% |
273,800
+44,700
| +20% | +$306K |
|
1641
Clearway Energy Class C
CWEN
$6.78B
| $1.82M | ﹤0.01% |
103,450
| – | – |
|
1642
G-III Apparel Group
GIII
$1.48B
| $1.82M | ﹤0.01% |
72,900
+5,300
| +8% | +$123K |
|
1643
Cavco Industries
CVCO
$4.48B
| $1.81M | ﹤0.01% |
14,000
| – | – |
|
1644
Box
BOX
$4.65B
| $1.81M | ﹤0.01% |
99,300
+15,000
| +18% | +$271K |
|
1645
Astec Industries
ASTE
$991M
| $1.81M | ﹤0.01% |
32,600
+2,300
| +8% | +$135K |
|
1646
Lakeland Financial Corp
LKFN
$1.52B
| $1.81M | ﹤0.01% |
39,450
-1,800
| -4% | -$80.1K |
|
1647
SPX Corp
SPXC
$10.6B
| $1.81M | ﹤0.01% |
71,918
+3,300
| +5% | +$82.3K |
|
|
ECOL
1648
DELISTED
US Ecology, Inc.
ECOL
| $1.81M | ﹤0.01% |
35,800
| – | – |
|
1649
NovaGold Resources
NG
$3.35B
| $1.8M | ﹤0.01% |
397,200
| – | – |
|
1650
AMERISAFE
AMSF
$522M
| $1.8M | ﹤0.01% |
31,600
| – | – |
|
Similar funds
Swiss National Bank's Q2 2017 Portfolio in Review
As of Q2 2017, Swiss National Bank held 2,631 positions worth $84.3B, up 4.9% from $80.4B the previous quarter. Its ten largest holdings account for 17% of the portfolio.
Swiss National Bank's Q2 2017 filing shows 97 new, 1,346 increased, 213 reduced and 73 closed positions. Its largest new stake was DXC Technology: 1,200,928 shares worth $79.7M. The largest sale was Yahoo Inc, an estimated $149M.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 17% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2017 buy was DXC Technology: 1,200,928 shares worth $79.7M.
- Swiss National Bank added most to Dell in Q2 2017, an estimated $72.6M increase.
- Swiss National Bank's biggest Q2 2017 reduction was CR Bard Inc., cutting an estimated $63.3M.
- Swiss National Bank fully exited Yahoo Inc in Q2 2017, selling an estimated $149M.
- Swiss National Bank's ten largest holdings make up 17% of its $84.3B portfolio in Q2 2017.
- Swiss National Bank opened 97 new positions and closed 73 in Q2 2017.
- Swiss National Bank's portfolio value rose 4.9% quarter-over-quarter to $84.3B.
Based on Swiss National Bank's 13F filing for Q2 2017, filed 9 Aug 2017.