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 |
Dow Inc
DOW
|
+$132M |
| 2 |
Newmont
NEM
|
+$67.7M |
| 3 |
Corteva
CTVA
|
+$65.9M |
| 4 |
Amcor
AMCR
|
+$58.2M |
| 5 |
Alibaba
BABA
|
+$48.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$128M |
| 2 |
Apple
AAPL
|
+$93M |
| 3 |
GG
Goldcorp Inc
GG
|
+$78.3M |
| 4 |
Microsoft
MSFT
|
+$73.5M |
| 5 |
Pfizer
PFE
|
+$52.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.91% |
| 2 | Healthcare | 14.68% |
| 3 | Consumer Discretionary | 11.95% |
| 4 | Communication Services | 10.15% |
| 5 | Industrials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SRCI
1626
DELISTED
SRC Energy Inc
SRCI
| $2.25M | ﹤0.01% |
452,628
+10,500
| +2% | +$57.1K |
|
1627
Tronox
TROX
$1.03B
| $2.24M | ﹤0.01% |
175,300
+3,700
| +2% | +$45.3K |
|
1628
Cohen & Steers
CNS
$4.39B
| $2.24M | ﹤0.01% |
43,500
+5,100
| +13% | +$250K |
|
|
INN
1629
Summit Hotel Properties
INN
$660M
| $2.24M | ﹤0.01% |
195,000
+4,100
| +2% | +$48.3K |
|
1630
AZZ Inc
AZZ
$4.61B
| $2.23M | ﹤0.01% |
48,500
+1,000
| +2% | +$44.8K |
|
|
HEXO
1631
DELISTED
HEXO Corp. Common Shares
HEXO
| $2.22M | ﹤0.01% |
7,430
+1,648
| +29% | +$610K |
|
|
MNR
1632
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $2.22M | ﹤0.01% |
163,900
+5,400
| +3% | +$74.2K |
|
1633
Atkore
ATKR
$3.17B
| $2.22M | ﹤0.01% |
85,800
| – | – |
|
1634
Natera
NTRA
$45.6B
| $2.22M | ﹤0.01% |
80,500
+7,300
| +10% | +$161K |
|
1635
OceanFirst Financial
OCFC
$1.86B
| $2.22M | ﹤0.01% |
89,233
+18,700
| +27% | +$460K |
|
1636
Nelnet
NNI
$4.51B
| $2.21M | ﹤0.01% |
37,400
| – | – |
|
1637
World Acceptance Corp
WRLD
$877M
| $2.21M | ﹤0.01% |
13,500
| – | – |
|
|
AYR
1638
DELISTED
Aircastle Ltd
AYR
| $2.21M | ﹤0.01% |
104,200
| – | – |
|
1639
Strategy Inc
MSTR
$37.7B
| $2.21M | ﹤0.01% |
154,000
-18,000
| -10% | -$254K |
|
1640
Newmark Group
NMRK
$2.6B
| $2.21M | ﹤0.01% |
245,607
+17,700
| +8% | +$149K |
|
1641
Kirby Corp
KEX
$6.96B
| $2.2M | ﹤0.01% |
27,857
+600
| +2% | +$48.2K |
|
1642
Lakeland Financial Corp
LKFN
$1.54B
| $2.19M | ﹤0.01% |
46,750
+2,900
| +7% | +$135K |
|
1643
Winnebago Industries
WGO
$924M
| $2.19M | ﹤0.01% |
56,600
+1,400
| +3% | +$49.3K |
|
1644
Kearny Financial
KRNY
$604M
| $2.19M | ﹤0.01% |
164,564
+6,000
| +4% | +$80.7K |
|
1645
Pricesmart
PSMT
$5.32B
| $2.18M | ﹤0.01% |
42,600
+900
| +2% | +$50.2K |
|
1646
Varex Imaging
VREX
$780M
| $2.17M | ﹤0.01% |
70,940
+1,500
| +2% | +$45.8K |
|
1647
FormFactor
FORM
$9.39B
| $2.17M | ﹤0.01% |
138,600
+3,500
| +3% | +$57.3K |
|
|
MNTA
1648
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $2.17M | ﹤0.01% |
174,100
+7,900
| +5% | +$105K |
|
1649
Stride
LRN
$3.26B
| $2.16M | ﹤0.01% |
71,100
+8,800
| +14% | +$283K |
|
|
RTL
1650
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $2.15M | ﹤0.01% |
197,360
+51,600
| +35% | +$538K |
|
Similar funds
Swiss National Bank's Q2 2019 Portfolio in Review
As of Q2 2019, Swiss National Bank held 2,619 positions worth $92.7B, up 1.7% from $91.2B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Swiss National Bank's Q2 2019 filing shows 112 new, 1,554 increased, 696 reduced and 65 closed positions. Its largest new stake was Dow Inc: 2,494,044 shares worth $123M. The largest sale was DuPont de Nemours, an estimated $128M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2019 buy was Dow Inc: 2,494,044 shares worth $123M.
- Swiss National Bank added most to Newmont in Q2 2019, an estimated $67.7M increase.
- Swiss National Bank's biggest Q2 2019 reduction was DuPont de Nemours, cutting an estimated $128M.
- Swiss National Bank fully exited Goldcorp Inc in Q2 2019, selling an estimated $78.3M.
- Swiss National Bank's ten largest holdings make up 18% of its $92.7B portfolio in Q2 2019.
- Swiss National Bank opened 112 new positions and closed 65 in Q2 2019.
- Swiss National Bank's portfolio value rose 1.7% quarter-over-quarter to $92.7B.
Based on Swiss National Bank's 13F filing for Q2 2019, filed 2 Aug 2019.