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 | |
|---|---|---|---|---|---|---|
|
TVTY
2176
DELISTED
Tivity Health, Inc. Common Stock
TVTY
| $693K | ﹤0.01% |
60,000
+11,600
| +24% | +$136K |
|
|
TAL
2177
DELISTED
TAL INTERNATIONAL GROUP, INC.
TAL
| $692K | ﹤0.01% |
51,600
| – | – |
|
|
RATE
2178
DELISTED
Bankrate Inc
RATE
| $691K | ﹤0.01% |
92,400
-7,000
| -7% | -$60.6K |
|
2179
Center Bancorp
CNOB
$1.79B
| $689K | ﹤0.01% |
43,900
| – | – |
|
2180
Seres Therapeutics
MCRB
$47.4M
| $688K | ﹤0.01% |
1,185
+515
| +77% | +$302K |
|
|
STB
2181
DELISTED
Student Transportation Inc
STB
| $688K | ﹤0.01% |
134,557
+6,224
| +5% | +$30.7K |
|
|
COBZ
2182
DELISTED
CoBiz Financial,Inc
COBZ
| $687K | ﹤0.01% |
58,700
+4,000
| +7% | +$48.1K |
|
|
AVTA
2183
DELISTED
Avantax, Inc. Common Stock
AVTA
| $683K | ﹤0.01% |
65,900
| – | – |
|
2184
Atlanta Braves Holdings Series B
BATRK
$3.25B
| $682K | ﹤0.01% |
+46,542
| New | +$694K |
|
2185
SolarEdge
SEDG
$2.02B
| $682K | ﹤0.01% |
34,800
+11,600
| +50% | +$261K |
|
|
CUDA
2186
DELISTED
Barracuda Networks, Inc.
CUDA
| $681K | ﹤0.01% |
45,000
+15,800
| +54% | +$252K |
|
2187
BancFirst
BANF
$3.81B
| $679K | ﹤0.01% |
22,518
+3,518
| +19% | +$106K |
|
2188
Hawkins
HWKN
$2.74B
| $677K | ﹤0.01% |
31,188
| – | – |
|
|
WLH
2189
DELISTED
WILLIAM LYON HOMES
WLH
| $677K | ﹤0.01% |
42,000
+4,500
| +12% | +$68.8K |
|
2190
Accuray
ARAY
$35.5M
| $676K | ﹤0.01% |
130,300
+4,300
| +3% | +$23.5K |
|
2191
Stoneridge
SRI
$200M
| $675K | ﹤0.01% |
+45,200
| New | +$682K |
|
2192
Geron
GERN
$1.01B
| $674K | ﹤0.01% |
251,500
| – | – |
|
|
AERI
2193
DELISTED
Aerie Pharmaceuticals
AERI
| $672K | ﹤0.01% |
38,200
+5,100
| +15% | +$82.6K |
|
|
UAM
2194
DELISTED
Universal American Corp
UAM
| $668K | ﹤0.01% |
88,100
| – | – |
|
|
MCHB
2195
Mechanics Bancorp
MCHB
$3.78B
| $667K | ﹤0.01% |
33,500
| – | – |
|
2196
Kforce
KFRC
$1.04B
| $667K | ﹤0.01% |
39,500
+1,400
| +4% | +$26K |
|
2197
Marcus Corp
MCS
$907M
| $667K | ﹤0.01% |
31,600
| – | – |
|
|
BHR
2198
Braemar Hotels & Resorts
BHR
$139M
| $665K | ﹤0.01% |
47,525
-2,929
| -6% | -$35K |
|
|
BRS
2199
DELISTED
Bristow Group, Inc.
BRS
| $662K | ﹤0.01% |
58,000
| – | – |
|
2200
Tejon Ranch
TRC
$452M
| $660K | ﹤0.01% |
28,737
+3,399
| +13% | +$72.9K |
|
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.