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 | |
|---|---|---|---|---|---|---|
2176
CorVel
CRVL
$3.09B
| $507K | ﹤0.01% |
47,100
+6,000
| +15% | +$64.5K |
|
2177
Omeros
OMER
$984M
| $507K | ﹤0.01% |
46,300
+6,200
| +15% | +$96.5K |
|
|
EVRI
2178
DELISTED
Everi Holdings
EVRI
| $506K | ﹤0.01% |
98,671
+13,400
| +16% | +$76.8K |
|
|
RNET
2179
DELISTED
RigNet, Inc.
RNET
| $502K | ﹤0.01% |
19,700
| – | – |
|
|
RSO
2180
DELISTED
Resource Capital Corp.
RSO
| $502K | ﹤0.01% |
44,900
+6,700
| +18% | +$90.6K |
|
|
SCLN
2181
DELISTED
Sciclone Pharmaceuticals Inc
SCLN
| $502K | ﹤0.01% |
72,300
+7,000
| +11% | +$59.9K |
|
|
UAM
2182
DELISTED
Universal American Corp
UAM
| $502K | ﹤0.01% |
73,400
+8,200
| +13% | +$66.4K |
|
2183
DHI Group
DHX
$166M
| $501K | ﹤0.01% |
68,600
+8,100
| +13% | +$65.2K |
|
2184
FormFactor
FORM
$9.46B
| $501K | ﹤0.01% |
73,900
+9,600
| +15% | +$67.1K |
|
|
BTU
2185
DELISTED
PEABODY ENERGY CORP COM STK NEW (DE)
BTU
| $498K | ﹤0.01% |
24,053
+3,280
| +16% | +$74.1K |
|
|
XOXO
2186
DELISTED
Xo Group Inc
XOXO
| $497K | ﹤0.01% |
35,200
+1,900
| +6% | +$28.5K |
|
|
DX
2187
Dynex Capital
DX
$3.21B
| $490K | ﹤0.01% |
24,900
+3,533
| +17% | +$74K |
|
2188
HCI Group
HCI
$2.29B
| $489K | ﹤0.01% |
12,600
+1,600
| +15% | +$66.3K |
|
2189
Hawkins
HWKN
$2.71B
| $489K | ﹤0.01% |
25,388
+3,600
| +17% | +$68.1K |
|
2190
Metallus
MTUS
$900M
| $489K | ﹤0.01% |
48,350
+5,300
| +12% | +$95.8K |
|
|
HTB
2191
HomeTrust Bancshares
HTB
$830M
| $488K | ﹤0.01% |
26,300
+4,000
| +18% | +$71.2K |
|
2192
Zumiez
ZUMZ
$322M
| $486K | ﹤0.01% |
31,100
+3,900
| +14% | +$88.9K |
|
|
LDR
2193
DELISTED
Landauer Inc
LDR
| $485K | ﹤0.01% |
13,100
+2,000
| +18% | +$74.3K |
|
2194
Altisource Portfolio Solutions
ASPS
$63.7M
| $484K | ﹤0.01% |
2,538
+375
| +17% | +$88.1K |
|
2195
Enanta Pharmaceuticals
ENTA
$393M
| $484K | ﹤0.01% |
13,400
+1,700
| +15% | +$73K |
|
|
PPP
2196
DELISTED
Primero Mining Corp
PPP
| $484K | ﹤0.01% |
207,600
+26,100
| +14% | +$74K |
|
|
OB
2197
DELISTED
Onebeacon Insurance Group Ltd
OB
| $483K | ﹤0.01% |
34,400
+3,500
| +11% | +$51.1K |
|
|
SUP
2198
DELISTED
Superior Industries International
SUP
| $482K | ﹤0.01% |
25,800
+4,400
| +21% | +$80.7K |
|
2199
Calix
CALX
$2.49B
| $481K | ﹤0.01% |
61,800
+7,400
| +14% | +$56.2K |
|
|
RDUS
2200
DELISTED
Radius Recycling
RDUS
| $481K | ﹤0.01% |
35,500
+4,400
| +14% | +$71.9K |
|
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.