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 | |
|---|---|---|---|---|---|---|
1676
IMAX
IMAX
$2.82B
| $2.07M | ﹤0.01% |
102,600
| – | – |
|
1677
Yext
YEXT
$577M
| $2.07M | ﹤0.01% |
103,200
+20,500
| +25% | +$422K |
|
1678
Matthews International
MATW
$727M
| $2.07M | ﹤0.01% |
59,296
+800
| +1% | +$29.3K |
|
1679
Usana Health Sciences
USNA
$256M
| $2.06M | ﹤0.01% |
26,000
+4,200
| +19% | +$333K |
|
|
UHT
1680
Universal Health Realty Income Trust
UHT
$573M
| $2.06M | ﹤0.01% |
24,300
+500
| +2% | +$41.1K |
|
|
RCM
1681
DELISTED
R1 RCM Inc. Common Stock
RCM
| $2.06M | ﹤0.01% |
164,100
+3,400
| +2% | +$38.4K |
|
1682
Artivion
AORT
$1.33B
| $2.06M | ﹤0.01% |
68,900
+8,300
| +14% | +$246K |
|
|
APLS
1683
DELISTED
Apellis Pharmaceuticals
APLS
| $2.06M | ﹤0.01% |
81,100
+1,700
| +2% | +$34.6K |
|
|
DEA
1684
Easterly Government Properties
DEA
$1.14B
| $2.05M | ﹤0.01% |
45,284
+920
| +2% | +$41.9K |
|
|
VGR
1685
DELISTED
Vector Group Ltd.
VGR
| $2.04M | ﹤0.01% |
310,437
+25,316
| +9% | +$169K |
|
|
ARR
1686
Armour Residential REIT
ARR
$2.37B
| $2.04M | ﹤0.01% |
21,842
+1,220
| +6% | +$115K |
|
1687
Hamilton Lane
HLNE
$5.75B
| $2.03M | ﹤0.01% |
+35,600
| New | +$1.79M |
|
1688
Lantheus
LNTH
$6.59B
| $2.03M | ﹤0.01% |
71,700
+1,600
| +2% | +$40.6K |
|
1689
Heritage Financial
HFWA
$1.21B
| $2.03M | ﹤0.01% |
68,668
+1,500
| +2% | +$45.2K |
|
|
FSCT
1690
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $2.02M | ﹤0.01% |
59,800
+16,800
| +39% | +$617K |
|
1691
Boise Cascade
BCC
$2.98B
| $2.02M | ﹤0.01% |
72,000
+1,100
| +2% | +$28.5K |
|
1692
First Bancorp
FBNC
$2.69B
| $2.01M | ﹤0.01% |
55,300
+1,100
| +2% | +$40.2K |
|
|
CATM
1693
DELISTED
Cardtronics plc Class A Ordinary Shares (UK)
CATM
| $1.99M | ﹤0.01% |
72,900
-11,100
| -13% | -$360K |
|
|
GTY
1694
Getty Realty Corp
GTY
$2B
| $1.99M | ﹤0.01% |
64,709
+1,900
| +3% | +$60.6K |
|
|
EGOV
1695
DELISTED
NIC Inc
EGOV
| $1.99M | ﹤0.01% |
123,900
+2,600
| +2% | +$43K |
|
|
ISCA
1696
DELISTED
International Speedway Corp
ISCA
| $1.98M | ﹤0.01% |
44,200
-400
| -0.9% | -$17.7K |
|
1697
Editas Medicine
EDIT
$458M
| $1.98M | ﹤0.01% |
80,000
+14,600
| +22% | +$349K |
|
1698
National Bank Holdings
NBHC
$1.92B
| $1.98M | ﹤0.01% |
54,400
+6,700
| +14% | +$242K |
|
1699
Methode Electronics
MEI
$589M
| $1.97M | ﹤0.01% |
68,900
+1,500
| +2% | +$42K |
|
1700
Enterprise Financial Services Corp
EFSC
$2.4B
| $1.97M | ﹤0.01% |
47,264
+1,000
| +2% | +$41.8K |
|
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.