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 | |
|---|---|---|---|---|---|---|
|
ASNA
1751
DELISTED
Ascena Retail Group, Inc.
ASNA
| $1.39M | ﹤0.01% |
12,434
-575
| -4% | -$87.2K |
|
|
ISCA
1752
DELISTED
International Speedway Corp
ISCA
| $1.39M | ﹤0.01% |
41,600
-1,900
| -4% | -$64.4K |
|
1753
Diodes
DIOD
$4.48B
| $1.39M | ﹤0.01% |
65,100
-2,300
| -3% | -$44.9K |
|
1754
Cavco Industries
CVCO
$4.67B
| $1.39M | ﹤0.01% |
14,000
-500
| -3% | -$49.9K |
|
|
DDC
1755
DELISTED
Dominion Diamond Corporation
DDC
| $1.39M | ﹤0.01% |
142,700
-5,200
| -4% | -$46.7K |
|
1756
Performance Food Group
PFGC
$16.4B
| $1.39M | ﹤0.01% |
55,900
+200
| +0.4% | +$5.22K |
|
|
MNR
1757
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $1.39M | ﹤0.01% |
97,100
| – | – |
|
|
CFNL
1758
DELISTED
Cardinal Financial Corp
CFNL
| $1.39M | ﹤0.01% |
53,100
-4,300
| -7% | -$108K |
|
|
PGND
1759
DELISTED
PRESS GANEY HOLDINGS INC COM STK (DE)
PGND
| $1.38M | ﹤0.01% |
34,217
+1,000
| +3% | +$40.3K |
|
1760
Innoviva
INVA
$1.5B
| $1.38M | ﹤0.01% |
125,700
-5,800
| -4% | -$67.7K |
|
1761
Cato Corp
CATO
$66.7M
| $1.37M | ﹤0.01% |
41,700
-1,800
| -4% | -$62.3K |
|
1762
Kirby Corp
KEX
$7.26B
| $1.37M | ﹤0.01% |
22,057
-2,200
| -9% | -$126K |
|
|
SAFE
1763
Safehold
SAFE
$1.1B
| $1.37M | ﹤0.01% |
26,235
-2,301
| -8% | -$118K |
|
1764
Lindsay Corp
LNN
$1.17B
| $1.37M | ﹤0.01% |
18,500
-1,900
| -9% | -$135K |
|
1765
Delek US
DK
$4.18B
| $1.37M | ﹤0.01% |
79,000
-3,400
| -4% | -$52.1K |
|
1766
Southside Bancshares
SBSI
$984M
| $1.36M | ﹤0.01% |
43,437
-4,613
| -10% | -$143K |
|
|
PGH
1767
DELISTED
Pengrowth Energy Corporation
PGH
| $1.36M | ﹤0.01% |
863,700
-31,900
| -4% | -$50K |
|
1768
TriMas Corp
TRS
$1.39B
| $1.36M | ﹤0.01% |
73,200
-2,600
| -3% | -$48.1K |
|
|
FCH
1769
DELISTED
Felcor Lodging Trust
FCH
| $1.36M | ﹤0.01% |
211,800
-9,400
| -4% | -$61.3K |
|
|
CSFL
1770
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $1.36M | ﹤0.01% |
76,696
-3,000
| -4% | -$51.3K |
|
|
LABL
1771
DELISTED
Multi-Color Corp
LABL
| $1.36M | ﹤0.01% |
20,600
-800
| -4% | -$52.7K |
|
|
TPC
1772
Tutor Perini Cor
TPC
$4.98B
| $1.36M | ﹤0.01% |
63,300
-2,400
| -4% | -$55.9K |
|
|
CIR
1773
DELISTED
CIRCOR International, Inc
CIR
| $1.36M | ﹤0.01% |
22,800
-1,000
| -4% | -$58.7K |
|
1774
Astronics
ATRO
$4.57B
| $1.35M | ﹤0.01% |
47,610
+476
| +1% | +$12.2K |
|
|
FOLD
1775
DELISTED
Amicus Therapeutics
FOLD
| $1.35M | ﹤0.01% |
182,600
| – | – |
|
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.