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
|
+$62.7M |
| 2 |
Alphabet (Google) Class C
GOOG
|
+$43.7M |
| 3 |
AvalonBay Communities
AVB
|
+$36.7M |
| 4 |
Simon Property Group
SPG
|
+$36.4M |
| 5 |
AGNC Investment
AGNC
|
+$35.2M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Qualcomm
QCOM
|
+$52.7M |
| 2 |
Cencora
COR
|
+$39.6M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
+$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
+$30M |
| 5 |
Ecolab
ECL
|
+$29.5M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.5% |
| 3 | Industrials | 10.63% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.21% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
RP
1826
DELISTED
RealPage, Inc.
RP
| $938K | ﹤0.01% |
49,200
-8,800
| -15% | -$170K |
|
1827
Sonic Automotive
SAH
$2.55B
| $937K | ﹤0.01% |
39,300
| – | – |
|
|
MTGE
1828
DELISTED
MTGE Investment Corp. Common Stock
MTGE
| $935K | ﹤0.01% |
58,500
+1,600
| +3% | +$28.1K |
|
|
NXTM
1829
DELISTED
NxStage Medical Inc.
NXTM
| $930K | ﹤0.01% |
65,100
-3,800
| -6% | -$64.4K |
|
|
LNW
1830
DELISTED
Light & Wonder
LNW
| $928K | ﹤0.01% |
59,700
+1,700
| +3% | +$24.1K |
|
|
PWE
1831
DELISTED
Penn West Energy Petroleum Ltd
PWE
| $926K | ﹤0.01% |
535,400
+20,000
| +4% | +$41.3K |
|
1832
NovaGold Resources
NG
$3.37B
| $925K | ﹤0.01% |
268,200
+6,000
| +2% | +$22.8K |
|
1833
HubSpot
HUBS
$11B
| $922K | ﹤0.01% |
+18,600
| New | +$853K |
|
1834
Team
TISI
$104M
| $922K | ﹤0.01% |
2,290
+90
| +4% | +$36K |
|
|
CONN
1835
DELISTED
Conn's Inc.
CONN
| $921K | ﹤0.01% |
23,200
-7,100
| -23% | -$255K |
|
|
LABL
1836
DELISTED
Multi-Color Corp
LABL
| $920K | ﹤0.01% |
14,400
| – | – |
|
|
BBT
1837
Beacon Financial Corp
BBT
$2.66B
| $917K | ﹤0.01% |
32,200
+2,700
| +9% | +$75.4K |
|
1838
Quanex
NX
$1.01B
| $917K | ﹤0.01% |
42,800
-2,500
| -6% | -$48.2K |
|
|
AMWD
1839
DELISTED
American Woodmark
AMWD
| $916K | ﹤0.01% |
16,700
+600
| +4% | +$31.9K |
|
|
STBZ
1840
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $911K | ﹤0.01% |
42,000
+3,700
| +10% | +$76.2K |
|
1841
ArcBest
ARCB
$3.03B
| $909K | ﹤0.01% |
28,600
+1,000
| +4% | +$35.7K |
|
1842
SiriusPoint
SPNT
$2.62B
| $909K | ﹤0.01% |
61,600
+2,400
| +4% | +$34.6K |
|
|
CSH
1843
DELISTED
CASH AMERICA INTERNATIONAL INC
CSH
| $909K | ﹤0.01% |
34,700
+2,800
| +9% | +$74.3K |
|
|
VIVO
1844
DELISTED
Meridian Bioscience Inc
VIVO
| $906K | ﹤0.01% |
48,600
+2,000
| +4% | +$37.1K |
|
1845
National Bank Holdings
NBHC
$1.92B
| $904K | ﹤0.01% |
43,400
| – | – |
|
1846
Astec Industries
ASTE
$989M
| $903K | ﹤0.01% |
21,600
+600
| +3% | +$25.3K |
|
|
SCAI
1847
DELISTED
Surgical Care Affiliates, Inc.
SCAI
| $902K | ﹤0.01% |
23,500
+5,000
| +27% | +$189K |
|
1848
First Merchants
FRME
$2.69B
| $899K | ﹤0.01% |
36,400
+2,500
| +7% | +$58.9K |
|
|
NEWP
1849
DELISTED
NEWPORT CORP
NEWP
| $899K | ﹤0.01% |
47,400
+1,900
| +4% | +$36.8K |
|
|
THR
1850
DELISTED
Thermon Group Holdings
THR
| $898K | ﹤0.01% |
37,300
+1,400
| +4% | +$32.9K |
|
Similar funds
Swiss National Bank's Q2 2015 Portfolio in Review
As of Q2 2015, Swiss National Bank held 2,650 positions worth $38.6B, up 3% from $37.5B the previous quarter. Its ten largest holdings account for 14% of the portfolio.
Swiss National Bank deployed $1.55B of net new capital in Q2 2015, opening 104 new positions and adding to 1,775 existing holdings. Its largest new stake was Aramark: 434,198 shares worth $9.71M.
By sector, the portfolio is most concentrated in Healthcare at 16% of assets, up from 16% a quarter earlier, followed by Technology and Industrials.
On the sell side, the largest reduction was Qualcomm, an estimated $52.7M trimmed.
- Swiss National Bank's largest Q2 2015 buy was Aramark: 434,198 shares worth $9.71M.
- Swiss National Bank added most to Apple in Q2 2015, an estimated $62.7M increase.
- Swiss National Bank's biggest Q2 2015 reduction was Qualcomm, cutting an estimated $52.7M.
- Swiss National Bank fully exited LORILLARD INC COM STK in Q2 2015, selling an estimated $35.8M.
- Swiss National Bank's ten largest holdings make up 14% of its $38.6B portfolio in Q2 2015.
- Swiss National Bank opened 104 new positions and closed 70 in Q2 2015.
- Swiss National Bank's portfolio value rose 3% quarter-over-quarter to $38.6B.
Based on Swiss National Bank's 13F filing for Q2 2015, filed 5 Aug 2015.