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
|
+$106M |
| 2 |
NXP Semiconductors
NXPI
|
+$93.6M |
| 3 |
Alibaba
BABA
|
+$90M |
| 4 |
ExxonMobil
XOM
|
+$83.7M |
| 5 |
Charter Communications
CHTR
|
+$82.8M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Brookfield
BN
|
+$162M |
| 2 |
B
Barrick Mining
B
|
+$156M |
| 3 |
TWC
TIME WARNER CABLE INC NEW COM STK
TWC
|
+$144M |
| 4 |
BXLT
BAXALTA INC COM STK (DE)
BXLT
|
+$65.4M |
| 5 |
SNDK
SANDISK CORP
SNDK
|
+$38M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 15.13% |
| 2 | Technology | 14.52% |
| 3 | Consumer Staples | 10.68% |
| 4 | Consumer Discretionary | 10.21% |
| 5 | Industrials | 9.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1851
Buckle
BKE
$2.3B
| $1.21M | ﹤0.01% |
46,700
| – | – |
|
1852
Rayonier Advanced Materials
RYAM
$574M
| $1.21M | ﹤0.01% |
89,350
| – | – |
|
|
TIER
1853
DELISTED
TIER REIT, Inc.
TIER
| $1.21M | ﹤0.01% |
79,114
+1,900
| +2% | +$28.3K |
|
|
GAU
1854
Galiano Gold
GAU
$552M
| $1.21M | ﹤0.01% |
317,900
+32,400
| +11% | +$107K |
|
|
GTLS
1855
DELISTED
Chart Industries
GTLS
| $1.21M | ﹤0.01% |
50,100
+1,000
| +2% | +$24.7K |
|
|
BFS
1856
Saul Centers
BFS
$854M
| $1.21M | ﹤0.01% |
19,583
+500
| +3% | +$27.8K |
|
|
STBZ
1857
DELISTED
State Bank Financial Corporation. Common Stock
STBZ
| $1.21M | ﹤0.01% |
59,300
| – | – |
|
|
VASC
1858
DELISTED
Vascular Solutions Inc
VASC
| $1.21M | ﹤0.01% |
28,963
+700
| +2% | +$26.1K |
|
|
CKEC
1859
DELISTED
Carmike Cinemas Inc
CKEC
| $1.2M | ﹤0.01% |
39,820
| – | – |
|
|
PHH
1860
DELISTED
PHH Corporation
PHH
| $1.2M | ﹤0.01% |
89,900
-6,900
| -7% | -$89.5K |
|
|
NFBK
1861
DELISTED
Northfield Bancorp
NFBK
| $1.19M | ﹤0.01% |
80,500
+3,500
| +5% | +$54.6K |
|
|
AVX
1862
DELISTED
AVX Corporation
AVX
| $1.19M | ﹤0.01% |
87,400
| – | – |
|
|
DEL
1863
DELISTED
Deltic Timber
DEL
| $1.18M | ﹤0.01% |
17,600
| – | – |
|
|
NORD
1864
DELISTED
Nord Anglia Education, Inc.
NORD
| $1.18M | ﹤0.01% |
55,721
+29,100
| +109% | +$628K |
|
1865
SiriusPoint
SPNT
$2.69B
| $1.18M | ﹤0.01% |
100,400
+2,400
| +2% | +$27.3K |
|
|
AEGN
1866
DELISTED
Aegion Corp
AEGN
| $1.17M | ﹤0.01% |
60,100
| – | – |
|
1867
Middlesex Water
MSEX
$1.11B
| $1.17M | ﹤0.01% |
26,962
+500
| +2% | +$18.5K |
|
|
SHLM
1868
DELISTED
Schulman (A.) Inc
SHLM
| $1.17M | ﹤0.01% |
47,900
+1,000
| +2% | +$25.6K |
|
|
CCC
1869
DELISTED
Calgon Carbon Corp
CCC
| $1.17M | ﹤0.01% |
89,000
| – | – |
|
1870
Babcock & Wilcox
BW
$1.43B
| $1.17M | ﹤0.01% |
7,940
-530
| -6% | -$113K |
|
1871
Team
TISI
$101M
| $1.16M | ﹤0.01% |
4,686
+160
| +4% | +$44.9K |
|
1872
Coca-Cola Consolidated
COKE
$12.6B
| $1.16M | ﹤0.01% |
78,650
| – | – |
|
|
LCI
1873
DELISTED
Lannett Company, Inc.
LCI
| $1.16M | ﹤0.01% |
12,175
+950
| +8% | +$81.3K |
|
1874
Manitowoc
MTW
$741M
| $1.16M | ﹤0.01% |
53,075
| – | – |
|
|
NEWR
1875
DELISTED
New Relic, Inc.
NEWR
| $1.16M | ﹤0.01% |
39,397
+4,100
| +12% | +$112K |
|
Similar funds
Swiss National Bank's Q2 2016 Portfolio in Review
As of Q2 2016, Swiss National Bank held 2,670 positions worth $61.8B, up 13% from $54.5B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $3.47B of net new capital in Q2 2016, opening 59 new positions and adding to 1,417 existing holdings. Its largest new stake was Under Armour Class C: 522,612 shares worth $19M.
By sector, the portfolio is most concentrated in Healthcare at 15% of assets, up from 15% a quarter earlier, followed by Technology and Consumer Staples.
On the sell side, the largest reduction was Kimberly-Clark, an estimated $19.6M trimmed.
- Swiss National Bank's largest Q2 2016 buy was Under Armour Class C: 522,612 shares worth $19M.
- Swiss National Bank added most to Apple in Q2 2016, an estimated $106M increase.
- Swiss National Bank's biggest Q2 2016 reduction was Kimberly-Clark, cutting an estimated $19.6M.
- Swiss National Bank fully exited Brookfield in Q2 2016, selling an estimated $162M.
- Swiss National Bank's ten largest holdings make up 15% of its $61.8B portfolio in Q2 2016.
- Swiss National Bank opened 59 new positions and closed 89 in Q2 2016.
- Swiss National Bank's portfolio value rose 13% quarter-over-quarter to $61.8B.
Based on Swiss National Bank's 13F filing for Q2 2016, filed 3 Aug 2016.