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 | |
|---|---|---|---|---|---|---|
|
PRO
1976
DELISTED
PROS Holdings
PRO
| $731K | ﹤0.01% |
33,000
+5,000
| +18% | +$109K |
|
|
OPB
1977
DELISTED
Opus Bank Common Stock
OPB
| $730K | ﹤0.01% |
19,092
+5,992
| +46% | +$225K |
|
|
FBC
1978
DELISTED
Flagstar Bancorp, Inc. New
FBC
| $730K | ﹤0.01% |
35,500
+4,700
| +15% | +$92.2K |
|
1979
John B. Sanfilippo & Son
JBSS
$978M
| $728K | ﹤0.01% |
14,200
+1,300
| +10% | +$67.2K |
|
|
UNT
1980
DELISTED
UNIT Corporation
UNT
| $727K | ﹤0.01% |
64,600
+8,500
| +15% | +$145K |
|
1981
CareTrust REIT
CTRE
$9.14B
| $726K | ﹤0.01% |
63,949
+21,900
| +52% | +$265K |
|
1982
Heritage Financial
HFWA
$1.21B
| $726K | ﹤0.01% |
38,568
+12,768
| +49% | +$231K |
|
|
RENT
1983
DELISTED
RENTRAK CORP
RENT
| $725K | ﹤0.01% |
13,400
+1,700
| +15% | +$95.4K |
|
1984
Winnebago Industries
WGO
$927M
| $720K | ﹤0.01% |
37,600
+4,600
| +14% | +$97.4K |
|
|
LNW
1985
DELISTED
Light & Wonder
LNW
| $719K | ﹤0.01% |
68,800
+9,100
| +15% | +$119K |
|
|
SHOR
1986
DELISTED
ShoreTel, Inc.
SHOR
| $719K | ﹤0.01% |
96,300
+10,700
| +13% | +$77.1K |
|
|
PGTI
1987
DELISTED
PGT, Inc.
PGTI
| $717K | ﹤0.01% |
58,400
+7,700
| +15% | +$107K |
|
|
HEES
1988
DELISTED
H&E Equipment Services
HEES
| $716K | ﹤0.01% |
42,800
+5,300
| +14% | +$93.1K |
|
1989
Shake Shack
SHAK
$2.9B
| $716K | ﹤0.01% |
15,100
+7,900
| +110% | +$430K |
|
|
SSRI
1990
DELISTED
Silver Standard Resources
SSRI
| $714K | ﹤0.01% |
109,900
+16,300
| +17% | +$99.2K |
|
1991
SunCoke Energy
SXC
$786M
| $713K | ﹤0.01% |
91,600
+9,600
| +12% | +$107K |
|
1992
TTEC Holdings
TTEC
$85.3M
| $713K | ﹤0.01% |
26,600
+2,900
| +12% | +$79.2K |
|
|
MNR
1993
DELISTED
Monmouth Real Estate Investment Corp
MNR
| $712K | ﹤0.01% |
73,000
+10,400
| +17% | +$100K |
|
1994
Lexicon Pharmaceuticals
LXRX
$1.08B
| $710K | ﹤0.01% |
66,114
+8,100
| +14% | +$88.5K |
|
|
SEMI
1995
DELISTED
SunEdison Semiconductor Limited
SEMI
| $708K | ﹤0.01% |
67,200
+22,000
| +49% | +$296K |
|
|
CPE
1996
DELISTED
Callon Petroleum Company
CPE
| $706K | ﹤0.01% |
9,680
+1,260
| +15% | +$97.8K |
|
|
BDBD
1997
DELISTED
BOULDER BRANDS INC
BDBD
| $704K | ﹤0.01% |
85,900
+9,800
| +13% | +$78.4K |
|
1998
Douglas Dynamics
PLOW
$979M
| $701K | ﹤0.01% |
35,300
+4,600
| +15% | +$97.7K |
|
|
ANH
1999
DELISTED
Anworth Mortgage Asset Corporation
ANH
| $699K | ﹤0.01% |
141,400
+12,300
| +10% | +$62.6K |
|
|
MRGE
2000
DELISTED
MERGE HEALTHCARE INC COM STK (WI)
MRGE
| $694K | ﹤0.01% |
97,700
+36,900
| +61% | +$233K |
|
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.