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 | |
|---|---|---|---|---|---|---|
1801
Bright Horizons
BFAM
$3.82B
| $616K | ﹤0.01% |
17,200
+5,200
| +43% | +$187K |
|
|
BRKL
1802
DELISTED
Brookline Bancorp
BRKL
| $615K | ﹤0.01% |
65,400
-3,500
| -5% | -$33K |
|
|
TCF
1803
DELISTED
TCF Financial Corporation Common Stock
TCF
| $614K | ﹤0.01% |
22,000
| – | – |
|
|
BNNY
1804
DELISTED
ANNIES INC COMMON STOCK (DE)
BNNY
| $614K | ﹤0.01% |
12,500
-800
| -6% | -$35.8K |
|
1805
Standard Motor Products
SMP
$888M
| $611K | ﹤0.01% |
19,000
-900
| -5% | -$29.6K |
|
|
CORE
1806
DELISTED
Core Mark Holding Co., Inc.
CORE
| $611K | ﹤0.01% |
36,800
-1,200
| -3% | -$19.5K |
|
|
ITG
1807
DELISTED
Investment Technology Group Inc
ITG
| $610K | ﹤0.01% |
38,800
-2,800
| -7% | -$44.3K |
|
1808
Independent Bank
INDB
$4.02B
| $607K | ﹤0.01% |
17,000
-1,000
| -6% | -$36.4K |
|
|
MOVE
1809
DELISTED
MOVE INC COM STK NEW (DE)
MOVE
| $607K | ﹤0.01% |
35,800
-1,700
| -5% | -$24.5K |
|
1810
Cal-Maine
CALM
$3.89B
| $606K | ﹤0.01% |
25,200
-1,600
| -6% | -$38.8K |
|
|
ILG
1811
DELISTED
ILG, Inc Common Stock
ILG
| $603K | ﹤0.01% |
25,500
-1,400
| -5% | -$30.8K |
|
|
ALX
1812
Alexander's
ALX
$1.39B
| $601K | ﹤0.01% |
2,100
-100
| -5% | -$29.2K |
|
1813
Magnachip Semiconductor
MX
$143M
| $601K | ﹤0.01% |
27,900
-1,900
| -6% | -$38.3K |
|
1814
Titan International
TWI
$460M
| $600K | ﹤0.01% |
41,000
-2,300
| -5% | -$38K |
|
1815
Omnicell
OMCL
$1.69B
| $599K | ﹤0.01% |
25,300
-1,400
| -5% | -$31.2K |
|
|
DEL
1816
DELISTED
Deltic Timber
DEL
| $599K | ﹤0.01% |
9,200
+1,800
| +24% | +$113K |
|
1817
Lesaka Technologies
LSAK
$412M
| $598K | ﹤0.01% |
49,800
-2,400
| -5% | -$21.7K |
|
|
STNR
1818
DELISTED
STEINER LEISURE LTD
STNR
| $596K | ﹤0.01% |
10,200
-500
| -5% | -$28.7K |
|
|
CEC
1819
DELISTED
CEC ENTERTAINMENT INC
CEC
| $596K | ﹤0.01% |
13,000
-900
| -6% | -$38.7K |
|
1820
Tootsie Roll Industries
TR
$2.99B
| $595K | ﹤0.01% |
28,343
| – | – |
|
|
PRFT
1821
DELISTED
Perficient Inc
PRFT
| $595K | ﹤0.01% |
32,400
-1,700
| -5% | -$26.9K |
|
|
FRGI
1822
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $595K | ﹤0.01% |
15,800
-900
| -5% | -$30.5K |
|
1823
The Greenbrier Companies
GBX
$1.43B
| $594K | ﹤0.01% |
24,000
-1,500
| -6% | -$34.9K |
|
1824
United Fire Group
UFCS
$1.39B
| $594K | ﹤0.01% |
19,500
-1,400
| -7% | -$40.2K |
|
|
NP
1825
DELISTED
Neenah, Inc. Common Stock
NP
| $594K | ﹤0.01% |
15,100
-900
| -6% | -$33.9K |
|
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.