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
|
+$107M |
| 2 |
AT&T
T
|
+$86.3M |
| 3 |
PayPal
PYPL
|
+$82.6M |
| 4 |
Kraft Heinz
KHC
|
+$80.2M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$67.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
+$80.8M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
+$73.8M |
| 3 |
eBay
EBAY
|
+$73.2M |
| 4 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
+$50.9M |
| 5 |
FDO
FAMILY DOLLAR STORES
FDO
|
+$27.9M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.62% |
| 2 | Technology | 14.37% |
| 3 | Industrials | 10.62% |
| 4 | Consumer Discretionary | 10.32% |
| 5 | Consumer Staples | 9.97% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
ANK
1776
DELISTED
ATLANTIC TELE-NETWORK,INC
ANK
| $1.01M | ﹤0.01% |
13,700
+1,800
| +15% | +$133K |
|
|
BBT
1777
Beacon Financial Corp
BBT
$2.71B
| $1.01M | ﹤0.01% |
36,700
+4,500
| +14% | +$127K |
|
1778
Forum Energy Technologies
FET
$927M
| $1.01M | ﹤0.01% |
4,141
+530
| +15% | +$162K |
|
1779
PTC Therapeutics
PTCT
$6.01B
| $1.01M | ﹤0.01% |
37,665
+4,900
| +15% | +$210K |
|
|
SLCA
1780
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $1M | ﹤0.01% |
71,250
+8,900
| +14% | +$190K |
|
|
STBZ
1781
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $1M | ﹤0.01% |
48,500
+6,500
| +15% | +$134K |
|
1782
Walker & Dunlop
WD
$1.47B
| $999K | ﹤0.01% |
38,300
+6,100
| +19% | +$153K |
|
1783
8x8 Inc
EGHT
$303M
| $997K | ﹤0.01% |
120,600
+13,700
| +13% | +$113K |
|
1784
HubSpot
HUBS
$12B
| $992K | ﹤0.01% |
21,400
+2,800
| +15% | +$137K |
|
1785
TriMas Corp
TRS
$1.39B
| $991K | ﹤0.01% |
60,600
-5,413
| -8% | -$106K |
|
|
IRC
1786
DELISTED
INLAND REAL ESTATE CORP
IRC
| $990K | ﹤0.01% |
122,200
+16,000
| +15% | +$146K |
|
1787
Lakeland Financial Corp
LKFN
$1.56B
| $989K | ﹤0.01% |
32,850
+4,350
| +15% | +$123K |
|
1788
Standard Motor Products
SMP
$870M
| $987K | ﹤0.01% |
28,300
+3,500
| +14% | +$122K |
|
|
ACHN
1789
DELISTED
Achillion Pharmaceuticals
ACHN
| $986K | ﹤0.01% |
142,700
+20,700
| +17% | +$169K |
|
|
PDLI
1790
DELISTED
PDL BioPharma, Inc.
PDLI
| $986K | ﹤0.01% |
196,100
+27,200
| +16% | +$156K |
|
|
BRKL
1791
DELISTED
Brookline Bancorp
BRKL
| $984K | ﹤0.01% |
97,000
+11,700
| +14% | +$127K |
|
1792
Wabash National
WNC
$509M
| $984K | ﹤0.01% |
92,900
+11,300
| +14% | +$139K |
|
|
NFBK
1793
DELISTED
Northfield Bancorp
NFBK
| $983K | ﹤0.01% |
64,600
+5,900
| +10% | +$89.5K |
|
|
IPHI
1794
DELISTED
INPHI CORPORATION
IPHI
| $976K | ﹤0.01% |
40,600
+5,600
| +16% | +$128K |
|
1795
City Holding Co
CHCO
$2.08B
| $971K | ﹤0.01% |
19,700
+3,300
| +20% | +$160K |
|
|
CSFL
1796
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $969K | ﹤0.01% |
65,896
+7,700
| +13% | +$108K |
|
1797
Towne Bank
TOWN
$3.5B
| $968K | ﹤0.01% |
51,358
+11,058
| +27% | +$198K |
|
|
ILG
1798
DELISTED
ILG, Inc Common Stock
ILG
| $968K | ﹤0.01% |
52,700
+6,900
| +15% | +$143K |
|
1799
SiriusPoint
SPNT
$2.7B
| $963K | ﹤0.01% |
71,600
+10,000
| +16% | +$142K |
|
|
RSTI
1800
DELISTED
Rofin-Sinar Technologies Inc
RSTI
| $962K | ﹤0.01% |
37,100
+4,800
| +15% | +$122K |
|
Similar funds
Swiss National Bank's Q3 2015 Portfolio in Review
As of Q3 2015, Swiss National Bank held 2,599 positions worth $39B, up 0.96% from $38.6B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.52B of net new capital in Q3 2015, opening 19 new positions and adding to 2,500 existing holdings. Its largest new stake was PayPal: 2,306,091 shares worth $71.6M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, down from 16% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was eBay, an estimated $73.2M trimmed.
- Swiss National Bank's largest Q3 2015 buy was PayPal: 2,306,091 shares worth $71.6M.
- Swiss National Bank added most to Apple in Q3 2015, an estimated $107M increase.
- Swiss National Bank's biggest Q3 2015 reduction was eBay, cutting an estimated $73.2M.
- Swiss National Bank fully exited KRAFT FOODS GROUP INC COM STK (VA) in Q3 2015, selling an estimated $80.8M.
- Swiss National Bank's ten largest holdings make up 15% of its $39B portfolio in Q3 2015.
- Swiss National Bank opened 19 new positions and closed 31 in Q3 2015.
- Swiss National Bank's portfolio value rose 0.96% quarter-over-quarter to $39B.
Based on Swiss National Bank's 13F filing for Q3 2015, filed 4 Nov 2015.