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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
+$52.4M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
+$15M |
| 3 |
Capri Holdings
CPRI
|
+$14.5M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$8.25M |
| 5 |
Apple
AAPL
|
+$7.94M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Berkshire Hathaway Class B
BRK.B
|
+$127M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
+$53M |
| 3 |
FON
SPRINT CORP FON COM
FON
|
+$22.5M |
| 4 |
NWS
THE NEWS CORPORATION LTD CL-B
NWS
|
+$15.3M |
| 5 |
BMC
BMC SOFTWARE, INC
BMC
|
+$6.18M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 13% |
| 2 | Healthcare | 12.66% |
| 3 | Energy | 12.06% |
| 4 | Industrials | 10.73% |
| 5 | Consumer Staples | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ARRY
1726
DELISTED
Array Biopharma Inc
ARRY
| $680K | ﹤0.01% |
109,400
-4,400
| -4% | -$26.1K |
|
|
KND
1727
DELISTED
Kindred Healthcare
KND
| $680K | ﹤0.01% |
50,600
-2,800
| -5% | -$40.3K |
|
|
CPLA
1728
DELISTED
Capella Education Company
CPLA
| $679K | ﹤0.01% |
12,000
-1,000
| -8% | -$51.6K |
|
1729
Winnebago Industries
WGO
$927M
| $678K | ﹤0.01% |
26,100
-2,000
| -7% | -$47.2K |
|
|
RPTP
1730
DELISTED
RAPTOR PHARMACEUTICAL CORP COM STK (DE)
RPTP
| $677K | ﹤0.01% |
45,300
| – | – |
|
|
ESC
1731
DELISTED
EMERITUS CORP
ESC
| $676K | ﹤0.01% |
36,500
-1,100
| -3% | -$24.7K |
|
1732
Aaon
AAON
$7.03B
| $675K | ﹤0.01% |
57,150
+9,225
| +19% | +$99.9K |
|
1733
eHealth
EHTH
$39.4M
| $674K | ﹤0.01% |
20,900
-1,100
| -5% | -$30.3K |
|
1734
E.W. Scripps
SSP
$308M
| $673K | ﹤0.01% |
41,361
| – | – |
|
1735
Acco Brands
ACCO
$396M
| $672K | ﹤0.01% |
101,200
-5,100
| -5% | -$35K |
|
1736
Neurocrine Biosciences
NBIX
$16.5B
| $672K | ﹤0.01% |
59,400
-3,000
| -5% | -$41.2K |
|
|
BRLI
1737
DELISTED
BIO-REFERENCE LABS INC-NEW-
BRLI
| $672K | ﹤0.01% |
22,500
-1,200
| -5% | -$33.4K |
|
1738
Employers Holdings
EIG
$871M
| $669K | ﹤0.01% |
22,500
-1,300
| -5% | -$35.5K |
|
|
NFBK
1739
DELISTED
Northfield Bancorp
NFBK
| $669K | ﹤0.01% |
55,100
-4,500
| -8% | -$54.2K |
|
1740
Stewart Information Services
STC
$2B
| $669K | ﹤0.01% |
20,900
+700
| +3% | +$21.4K |
|
1741
Scholastic
SCHL
$779M
| $668K | ﹤0.01% |
23,300
-1,300
| -5% | -$39.5K |
|
|
FOE
1742
DELISTED
Ferro Corporation
FOE
| $667K | ﹤0.01% |
73,200
-5,000
| -6% | -$37.3K |
|
|
RRTS
1743
DELISTED
RoadRunner Transportation Systems, Inc.
RRTS
| $666K | ﹤0.01% |
944
+172
| +22% | +$123K |
|
|
CKP
1744
DELISTED
CHECKPOINT SYSTEMS INC
CKP
| $665K | ﹤0.01% |
39,800
| – | – |
|
1745
Strategy Inc
MSTR
$37.9B
| $664K | ﹤0.01% |
64,000
-4,000
| -6% | -$38.9K |
|
1746
Exponent
EXPO
$3.25B
| $661K | ﹤0.01% |
36,800
-2,400
| -6% | -$40K |
|
|
CCG
1747
DELISTED
CAMPUS CREST COMMUNITIES INC COM STK (MD)
CCG
| $660K | ﹤0.01% |
61,100
| – | – |
|
|
FDML
1748
DELISTED
Federal-Mogul Holdings Corporation
FDML
| $660K | ﹤0.01% |
39,300
+6,400
| +19% | +$95.8K |
|
|
ELX
1749
DELISTED
EMULEX CORP
ELX
| $659K | ﹤0.01% |
84,900
-4,800
| -5% | -$37.3K |
|
1750
The Ensign Group
ENSG
$10.5B
| $658K | ﹤0.01% |
62,703
-1,176
| -2% | -$11.7K |
|
Similar funds
Swiss National Bank's Q3 2013 Portfolio in Review
As of Q3 2013, Swiss National Bank held 2,511 positions worth $24B, up 5.4% from $22.8B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Trading was light in Q3 2013: portfolio turnover was 1.6%. Swiss National Bank opened 11 new positions and exited 29, leaving the 2,511-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 13% of assets, up from 13% a quarter earlier, followed by Healthcare and Energy.
- Swiss National Bank's largest Q3 2013 buy was Twenty-First Century Fox, Inc. Class A: 1,663,399 shares worth $55.7M.
- Swiss National Bank added most to Alphabet (Google) Class C in Q3 2013, an estimated $8.25M increase.
- Swiss National Bank's biggest Q3 2013 reduction was Mellanox Technologies, Ltd., cutting an estimated $4.12M.
- Swiss National Bank fully exited Berkshire Hathaway Class B in Q3 2013, selling an estimated $127M.
- Swiss National Bank's ten largest holdings make up 14% of its $24B portfolio in Q3 2013.
- Swiss National Bank opened 11 new positions and closed 29 in Q3 2013.
- Swiss National Bank's portfolio value rose 5.4% quarter-over-quarter to $24B.
Based on Swiss National Bank's 13F filing for Q3 2013, filed 29 Oct 2013.