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
|
+$106M |
| 2 |
NXP Semiconductors
NXPI
|
+$93.6M |
| 3 |
Alibaba
BABA
|
+$90M |
| 4 |
ExxonMobil
XOM
|
+$83.7M |
| 5 |
Charter Communications
CHTR
|
+$82.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brookfield
BN
|
+$162M |
| 2 |
B
Barrick Mining
B
|
+$156M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$144M |
| 4 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$65.4M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$38M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.13% |
| 2 | Technology | 14.52% |
| 3 | Consumer Staples | 10.68% |
| 4 | Consumer Discretionary | 10.21% |
| 5 | Industrials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SPWR
1676
DELISTED
SunPower Corporation Common Stock
SPWR
| $1.57M | ﹤0.01% |
154,991
+15,270
| +11% | +$180K |
|
|
CMO
1677
DELISTED
Capstead Mortgage Corp.
CMO
| $1.57M | ﹤0.01% |
161,900
+3,200
| +2% | +$31.2K |
|
1678
Paylocity
PCTY
$8.1B
| $1.57M | ﹤0.01% |
36,250
+4,300
| +13% | +$161K |
|
|
BGG
1679
DELISTED
Briggs & Stratton Corp.
BGG
| $1.56M | ﹤0.01% |
73,900
| – | – |
|
1680
Andersons Inc
ANDE
$2.21B
| $1.56M | ﹤0.01% |
43,950
+800
| +2% | +$26.2K |
|
1681
Cleveland-Cliffs
CLF
$6.93B
| $1.56M | ﹤0.01% |
274,900
+37,700
| +16% | +$155K |
|
|
BKI
1682
DELISTED
Black Knight, Inc. Common Stock
BKI
| $1.56M | ﹤0.01% |
41,400
+1,200
| +3% | +$39.8K |
|
|
ELGX
1683
DELISTED
Endologix Inc
ELGX
| $1.56M | ﹤0.01% |
12,490
+370
| +3% | +$42.5K |
|
1684
Adtran
ADTN
$658M
| $1.55M | ﹤0.01% |
83,400
| – | – |
|
1685
National CineMedia
NCMI
$252M
| $1.55M | ﹤0.01% |
10,040
+370
| +4% | +$53.3K |
|
|
ANAT
1686
DELISTED
American National Group, Inc. Common Stock
ANAT
| $1.55M | ﹤0.01% |
13,713
+1,393
| +11% | +$162K |
|
1687
Repligen
RGEN
$9.45B
| $1.55M | ﹤0.01% |
56,700
+3,500
| +7% | +$89.5K |
|
1688
MACOM Technology Solutions
MTSI
$23.5B
| $1.55M | ﹤0.01% |
47,000
+11,200
| +31% | +$425K |
|
1689
Stewart Information Services
STC
$2.07B
| $1.55M | ﹤0.01% |
37,400
+1,500
| +4% | +$55.2K |
|
|
ALOG
1690
DELISTED
Analogic Corp
ALOG
| $1.55M | ﹤0.01% |
19,500
+500
| +3% | +$40.4K |
|
|
CALY
1691
Callaway Golf Company
CALY
$2.95B
| $1.55M | ﹤0.01% |
151,600
| – | – |
|
|
IRBT
1692
DELISTED
iRobot
IRBT
| $1.55M | ﹤0.01% |
44,100
-1,900
| -4% | -$69.7K |
|
|
TPC
1693
Tutor Perini Cor
TPC
$4.98B
| $1.55M | ﹤0.01% |
65,700
+1,300
| +2% | +$25.4K |
|
|
CBPX
1694
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $1.55M | ﹤0.01% |
69,600
+1,200
| +2% | +$25.1K |
|
1695
United Fire Group
UFCS
$1.38B
| $1.54M | ﹤0.01% |
36,400
+900
| +3% | +$38.2K |
|
1696
Employers Holdings
EIG
$871M
| $1.54M | ﹤0.01% |
53,100
+1,400
| +3% | +$40.6K |
|
|
APOL
1697
DELISTED
Apollo Education Group Inc Class A
APOL
| $1.54M | ﹤0.01% |
169,000
+11,600
| +7% | +$100K |
|
|
MSGN
1698
DELISTED
MSG Networks Inc.
MSGN
| $1.54M | ﹤0.01% |
100,400
+9,300
| +10% | +$156K |
|
|
UNVR
1699
DELISTED
Univar Solutions Inc.
UNVR
| $1.53M | ﹤0.01% |
81,200
+20,200
| +33% | +$367K |
|
1700
McEwen Inc
MUX
$1.14B
| $1.53M | ﹤0.01% |
39,733
| – | – |
|
Similar funds
Swiss National Bank's Q2 2016 Portfolio in Review
As of Q2 2016, Swiss National Bank held 2,670 positions worth $61.8B, up 13% from $54.5B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.47B of net new capital in Q2 2016, opening 59 new positions and adding to 1,417 existing holdings. Its largest new stake was Under Armour Class C: 522,612 shares worth $19M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 15% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the largest reduction was Kimberly-Clark, an estimated $19.6M trimmed.
- Swiss National Bank's largest Q2 2016 buy was Under Armour Class C: 522,612 shares worth $19M.
- Swiss National Bank added most to Apple in Q2 2016, an estimated $106M increase.
- Swiss National Bank's biggest Q2 2016 reduction was Kimberly-Clark, cutting an estimated $19.6M.
- Swiss National Bank fully exited Brookfield in Q2 2016, selling an estimated $162M.
- Swiss National Bank's ten largest holdings make up 15% of its $61.8B portfolio in Q2 2016.
- Swiss National Bank opened 59 new positions and closed 89 in Q2 2016.
- Swiss National Bank's portfolio value rose 13% quarter-over-quarter to $61.8B.
Based on Swiss National Bank's 13F filing for Q2 2016, filed 3 Aug 2016.