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 |
Alibaba
BABA
|
+$133M |
| 2 |
AbbVie
ABBV
|
+$110M |
| 3 |
Regeneron Pharmaceuticals
REGN
|
+$93.9M |
| 4 |
Amazon
AMZN
|
+$91.8M |
| 5 |
Otis Worldwide
OTIS
|
+$84M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$226M |
| 2 |
RTN
Raytheon Company
RTN
|
+$145M |
| 3 |
WBC
WABCO HOLDINGS INC.
WBC
|
+$51.2M |
| 4 |
Newmont
NEM
|
+$50.7M |
| 5 |
Yum! Brands
YUM
|
+$33.8M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 25.6% |
| 2 | Healthcare | 15.16% |
| 3 | Consumer Discretionary | 12.49% |
| 4 | Communication Services | 10.41% |
| 5 | Industrials | 8.08% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1776
Kura Oncology
KURA
$896M
| $1.78M | ﹤0.01% |
109,500
+43,600
| +66% | +$629K |
|
1777
NRC Health Common Stock
NRC
$471M
| $1.78M | ﹤0.01% |
30,600
+6,400
| +26% | +$338K |
|
1778
WillScot Mobile Mini Holdings
WSC
$4.17B
| $1.78M | ﹤0.01% |
144,900
+39,400
| +37% | +$486K |
|
1779
Benchmark Electronics
BHE
$2.94B
| $1.78M | ﹤0.01% |
82,400
+13,800
| +20% | +$289K |
|
|
IMGN
1780
DELISTED
Immunogen Inc
IMGN
| $1.78M | ﹤0.01% |
386,600
+54,900
| +17% | +$233K |
|
|
LGF.B
1781
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $1.77M | ﹤0.01% |
259,794
+36,900
| +17% | +$255K |
|
1782
Tactile Systems Technology
TCMD
$537M
| $1.77M | ﹤0.01% |
42,800
+9,600
| +29% | +$450K |
|
1783
Columbus McKinnon
CMCO
$550M
| $1.77M | ﹤0.01% |
52,911
+9,300
| +21% | +$257K |
|
1784
Simulations Plus
SLP
$371M
| $1.76M | ﹤0.01% |
29,500
+5,600
| +23% | +$246K |
|
|
RWT
1785
Redwood Trust
RWT
$592M
| $1.76M | ﹤0.01% |
251,600
+33,000
| +15% | +$163K |
|
1786
Bloomin' Brands
BLMN
$924M
| $1.76M | ﹤0.01% |
165,100
+5,100
| +3% | +$52.8K |
|
1787
German American Bancorp
GABC
$1.91B
| $1.76M | ﹤0.01% |
56,550
+7,400
| +15% | +$213K |
|
1788
Warrior Met Coal
HCC
$4.98B
| $1.76M | ﹤0.01% |
114,100
+25,300
| +28% | +$345K |
|
1789
BellRing Brands
BRBR
$1.26B
| $1.75M | ﹤0.01% |
+88,000
| New | +$1.63M |
|
1790
Enterprise Financial Services Corp
EFSC
$2.41B
| $1.75M | ﹤0.01% |
56,264
+7,400
| +15% | +$215K |
|
|
CNST
1791
DELISTED
Constellation Pharmaceuticals, Inc.
CNST
| $1.75M | ﹤0.01% |
+58,100
| New | +$2.09M |
|
|
PRA
1792
DELISTED
ProAssurance
PRA
| $1.74M | ﹤0.01% |
120,100
+15,800
| +15% | +$271K |
|
|
ENDP
1793
DELISTED
Endo International plc
ENDP
| $1.74M | ﹤0.01% |
506,300
+110,500
| +28% | +$423K |
|
1794
National Healthcare
NHC
$3.47B
| $1.73M | ﹤0.01% |
27,330
+5,000
| +22% | +$335K |
|
|
GWB
1795
DELISTED
Great Western Bancorp, Inc.
GWB
| $1.73M | ﹤0.01% |
125,400
+16,500
| +15% | +$262K |
|
|
SPTN
1796
DELISTED
SpartanNash
SPTN
| $1.73M | ﹤0.01% |
81,180
+11,600
| +17% | +$208K |
|
|
CCF
1797
DELISTED
Chase Corporation
CCF
| $1.72M | ﹤0.01% |
16,800
+2,200
| +15% | +$206K |
|
1798
Stewart Information Services
STC
$2B
| $1.72M | ﹤0.01% |
52,900
+6,900
| +15% | +$208K |
|
|
PING
1799
DELISTED
Ping Identity Holding Corp.
PING
| $1.72M | ﹤0.01% |
+53,500
| New | +$1.42M |
|
|
DMC
1800
Del Monte Corp
DMC
$1.42B
| $1.72M | ﹤0.01% |
69,700
+9,100
| +15% | +$238K |
|
Similar funds
Swiss National Bank's Q2 2020 Portfolio in Review
As of Q2 2020, Swiss National Bank held 2,599 positions worth $118B, up 26% from $94.2B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Swiss National Bank's Q2 2020 filing shows 119 new, 2,134 increased, 181 reduced and 161 closed positions. Its largest new stake was Otis Worldwide: 1,621,054 shares worth $92.2M. The largest sale was Allergan plc, an estimated $226M.
By sector, the portfolio is most concentrated in Technology at 26% of assets, up from 24% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2020 buy was Otis Worldwide: 1,621,054 shares worth $92.2M.
- Swiss National Bank added most to Alibaba in Q2 2020, an estimated $133M increase.
- Swiss National Bank's biggest Q2 2020 reduction was Newmont, cutting an estimated $50.7M.
- Swiss National Bank fully exited Allergan plc in Q2 2020, selling an estimated $226M.
- Swiss National Bank's ten largest holdings make up 24% of its $118B portfolio in Q2 2020.
- Swiss National Bank opened 119 new positions and closed 161 in Q2 2020.
- Swiss National Bank's portfolio value rose 26% quarter-over-quarter to $118B.
Based on Swiss National Bank's 13F filing for Q2 2020, filed 5 Aug 2020.