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 |
Dow Inc
DOW
|
+$132M |
| 2 |
Newmont
NEM
|
+$67.7M |
| 3 |
Corteva
CTVA
|
+$65.9M |
| 4 |
Amcor
AMCR
|
+$58.2M |
| 5 |
Alibaba
BABA
|
+$48.3M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
DuPont de Nemours
DD
|
+$128M |
| 2 |
Apple
AAPL
|
+$93M |
| 3 |
GG
Goldcorp Inc
GG
|
+$78.3M |
| 4 |
Microsoft
MSFT
|
+$73.5M |
| 5 |
Pfizer
PFE
|
+$52.1M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 19.91% |
| 2 | Healthcare | 14.68% |
| 3 | Consumer Discretionary | 11.95% |
| 4 | Communication Services | 10.15% |
| 5 | Industrials | 9.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2076
Midland States Bancorp
MSBI
$689M
| $1.08M | ﹤0.01% |
40,300
+1,400
| +4% | +$36.3K |
|
2077
Anika Therapeutics
ANIK
$277M
| $1.07M | ﹤0.01% |
26,400
+900
| +4% | +$32.8K |
|
2078
SunCoke Energy
SXC
$799M
| $1.07M | ﹤0.01% |
120,450
+14,200
| +13% | +$117K |
|
|
DCOM
2079
DELISTED
Dime Community Bancshares
DCOM
| $1.07M | ﹤0.01% |
56,300
| – | – |
|
2080
Turning Point Brands
TPB
$1.79B
| $1.07M | ﹤0.01% |
21,800
+5,800
| +36% | +$280K |
|
2081
Vicor
VICR
$9.63B
| $1.07M | ﹤0.01% |
34,332
+700
| +2% | +$22.5K |
|
|
PFC
2082
DELISTED
Premier Financial Corp. Common Stock
PFC
| $1.06M | ﹤0.01% |
37,200
| – | – |
|
|
IPHS
2083
DELISTED
Innophos Holdings, Inc.
IPHS
| $1.06M | ﹤0.01% |
36,500
+700
| +2% | +$20.9K |
|
|
DNR
2084
DELISTED
Denbury Resources, Inc.
DNR
| $1.06M | ﹤0.01% |
856,800
+17,500
| +2% | +$31.8K |
|
|
OPB
2085
DELISTED
Opus Bank Common Stock
OPB
| $1.06M | ﹤0.01% |
50,292
-2,200
| -4% | -$46.4K |
|
|
TEN
2086
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.06M | ﹤0.01% |
95,600
-8,500
| -8% | -$139K |
|
2087
Argan
AGX
$8.15B
| $1.06M | ﹤0.01% |
26,100
+600
| +2% | +$28.1K |
|
|
HSII
2088
DELISTED
Heidrick & Struggles
HSII
| $1.06M | ﹤0.01% |
35,300
+700
| +2% | +$24.6K |
|
2089
OraSure Technologies
OSUR
$276M
| $1.06M | ﹤0.01% |
114,000
+2,300
| +2% | +$21.2K |
|
|
SA
2090
Seabridge Gold
SA
$3.36B
| $1.06M | ﹤0.01% |
78,100
+2,100
| +3% | +$24.9K |
|
|
NGD
2091
DELISTED
New Gold Inc
NGD
| $1.05M | ﹤0.01% |
1,084,262
+47,500
| +5% | +$37.7K |
|
2092
Universal Electronics
UEIC
$71.6M
| $1.05M | ﹤0.01% |
25,624
+700
| +3% | +$28K |
|
|
ALLK
2093
DELISTED
Allakos
ALLK
| $1.04M | ﹤0.01% |
24,100
-6,600
| -21% | -$271K |
|
2094
Evolent Health
EVH
$444M
| $1.04M | ﹤0.01% |
131,200
+24,100
| +23% | +$285K |
|
|
CWEN.A
2095
DELISTED
Clearway Energy Class A
CWEN.A
| $1.04M | ﹤0.01% |
64,350
+1,300
| +2% | +$19.7K |
|
2096
GameStop
GME
$8.43B
| $1.04M | ﹤0.01% |
759,128
+16,000
| +2% | +$31.3K |
|
|
TPC
2097
Tutor Perini Cor
TPC
$5.18B
| $1.03M | ﹤0.01% |
74,500
+1,600
| +2% | +$26.7K |
|
|
SNR
2098
DELISTED
NEW SENIOR INVESTMENT GROUP INC.
SNR
| $1.03M | ﹤0.01% |
153,016
+3,300
| +2% | +$20.3K |
|
|
PDS
2099
Precision Drilling
PDS
$1.05B
| $1.02M | ﹤0.01% |
27,215
+735
| +3% | +$32.3K |
|
|
AGS
2100
DELISTED
PlayAGS
AGS
| $1.02M | ﹤0.01% |
52,500
+1,800
| +4% | +$38.7K |
|
Similar funds
Swiss National Bank's Q2 2019 Portfolio in Review
As of Q2 2019, Swiss National Bank held 2,619 positions worth $92.7B, up 1.7% from $91.2B the previous quarter. Its ten largest holdings account for 18% of the portfolio.
Swiss National Bank's Q2 2019 filing shows 112 new, 1,554 increased, 696 reduced and 65 closed positions. Its largest new stake was Dow Inc: 2,494,044 shares worth $123M. The largest sale was DuPont de Nemours, an estimated $128M.
By sector, the portfolio is most concentrated in Technology at 20% of assets, up from 20% a quarter earlier, followed by Healthcare and Consumer Discretionary.
- Swiss National Bank's largest Q2 2019 buy was Dow Inc: 2,494,044 shares worth $123M.
- Swiss National Bank added most to Newmont in Q2 2019, an estimated $67.7M increase.
- Swiss National Bank's biggest Q2 2019 reduction was DuPont de Nemours, cutting an estimated $128M.
- Swiss National Bank fully exited Goldcorp Inc in Q2 2019, selling an estimated $78.3M.
- Swiss National Bank's ten largest holdings make up 18% of its $92.7B portfolio in Q2 2019.
- Swiss National Bank opened 112 new positions and closed 65 in Q2 2019.
- Swiss National Bank's portfolio value rose 1.7% quarter-over-quarter to $92.7B.
Based on Swiss National Bank's 13F filing for Q2 2019, filed 2 Aug 2019.