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 |
Fortive
FTV
|
+$43.6M |
| 2 |
Johnson Controls International
JCI
|
+$41.3M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$35.6M |
| 4 |
Telus
TU
|
+$34.2M |
| 5 |
Dell
DELL
|
+$30M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
EMC
EMC CORPORATION
EMC
|
+$170M |
| 2 |
Annaly Capital Management
NLY
|
+$81.7M |
| 3 |
Thomson Reuters
TRI
|
+$78.4M |
| 4 |
AGNC Investment
AGNC
|
+$53.4M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$50.7M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 15.52% |
| 2 | Healthcare | 14.8% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.15% |
| 5 | Consumer Staples | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1726
Team
TISI
$101M
| $1.45M | ﹤0.01% |
4,436
-250
| -5% | -$74K |
|
1727
Chesapeake Utilities
CPK
$3.26B
| $1.45M | ﹤0.01% |
23,750
-900
| -4% | -$57.8K |
|
1728
Central Garden & Pet Co Class A
CENTA
$2.41B
| $1.45M | ﹤0.01% |
73,000
-6,375
| -8% | -$121K |
|
|
HIBB
1729
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.45M | ﹤0.01% |
36,300
-1,400
| -4% | -$52.7K |
|
1730
Lexicon Pharmaceuticals
LXRX
$1.04B
| $1.45M | ﹤0.01% |
80,014
-7,200
| -8% | -$116K |
|
1731
Baytex Energy
BTE
$3B
| $1.45M | ﹤0.01% |
340,300
-11,300
| -3% | -$54.6K |
|
|
LMNX
1732
DELISTED
Luminex Corp
LMNX
| $1.44M | ﹤0.01% |
63,500
-2,100
| -3% | -$45.7K |
|
|
TYPE
1733
DELISTED
Monotype Imaging Holdings Inc.
TYPE
| $1.44M | ﹤0.01% |
65,200
| – | – |
|
1734
Heartland Express
HTLD
$979M
| $1.44M | ﹤0.01% |
76,300
-5,000
| -6% | -$93.7K |
|
|
TVTY
1735
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $1.43M | ﹤0.01% |
54,100
-5,900
| -10% | -$119K |
|
|
AXDX
1736
DELISTED
Accelerate Diagnostics
AXDX
| $1.43M | ﹤0.01% |
5,240
-170
| -3% | -$37.6K |
|
|
BRKL
1737
DELISTED
Brookline Bancorp
BRKL
| $1.42M | ﹤0.01% |
116,600
-4,400
| -4% | -$51.1K |
|
|
FNFV
1738
DELISTED
Fidelity Natl Financial, Inc.
FNFV
| $1.42M | ﹤0.01% |
113,694
-8,500
| -7% | -$105K |
|
1739
Cohen & Steers
CNS
$4.4B
| $1.42M | ﹤0.01% |
33,100
-1,200
| -3% | -$50.8K |
|
1740
National CineMedia
NCMI
$252M
| $1.42M | ﹤0.01% |
9,610
-430
| -4% | -$65.6K |
|
1741
Hanmi Financial
HAFC
$963M
| $1.41M | ﹤0.01% |
53,700
-3,400
| -6% | -$85.6K |
|
1742
Lakeland Financial Corp
LKFN
$1.56B
| $1.41M | ﹤0.01% |
39,850
-1,100
| -3% | -$38K |
|
|
LDL
1743
DELISTED
Lydall, Inc.
LDL
| $1.41M | ﹤0.01% |
27,600
-900
| -3% | -$42.1K |
|
|
CBPX
1744
DELISTED
CONTINENTAL BUILDING PRODUCTS, INC.
CBPX
| $1.41M | ﹤0.01% |
67,100
-2,500
| -4% | -$56.2K |
|
|
PMC
1745
DELISTED
PharMerica Corporation
PMC
| $1.4M | ﹤0.01% |
49,800
-1,500
| -3% | -$38.5K |
|
|
SDRL
1746
DELISTED
Seadrill Limited Common Stock
SDRL
| $1.4M | ﹤0.01% |
2,156
| – | – |
|
|
NTRI
1747
DELISTED
NutriSystem, Inc.
NTRI
| $1.4M | ﹤0.01% |
47,000
-1,800
| -4% | -$50.7K |
|
1748
CareTrust REIT
CTRE
$9.18B
| $1.39M | ﹤0.01% |
94,349
| – | – |
|
1749
Universal Insurance Holdings
UVE
$1.18B
| $1.39M | ﹤0.01% |
55,200
-1,700
| -3% | -$38.1K |
|
1750
Archrock
AROC
$5.85B
| $1.39M | ﹤0.01% |
106,300
| – | – |
|
Similar funds
Swiss National Bank's Q3 2016 Portfolio in Review
As of Q3 2016, Swiss National Bank held 2,590 positions worth $62.4B, up 0.99% from $61.8B the previous quarter. Its ten largest holdings account for 16% of the portfolio.
Trading was light in Q3 2016: portfolio turnover was 2.4%. Swiss National Bank opened 9 new positions and exited 54, leaving the 2,590-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 16% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q3 2016 buy was Fortive: 1,359,115 shares worth $43.6M.
- Swiss National Bank added most to Johnson Controls International in Q3 2016, an estimated $41.3M increase.
- Swiss National Bank's biggest Q3 2016 reduction was Danaher, cutting an estimated $45.6M.
- Swiss National Bank fully exited EMC CORPORATION in Q3 2016, selling an estimated $170M.
- Swiss National Bank's ten largest holdings make up 16% of its $62.4B portfolio in Q3 2016.
- Swiss National Bank opened 9 new positions and closed 54 in Q3 2016.
- Swiss National Bank's portfolio value rose 0.99% quarter-over-quarter to $62.4B.
Based on Swiss National Bank's 13F filing for Q3 2016, filed 7 Nov 2016.