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 | |
|---|---|---|---|---|---|---|
|
XOG
2176
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $898K | ﹤0.01% |
207,500
+14,800
| +8% | +$63.3K |
|
2177
NexGen Energy
NXE
$6.91B
| $893K | ﹤0.01% |
573,300
| – | – |
|
2178
Wave Life Sciences
WVE
$1.2B
| $892K | ﹤0.01% |
34,200
+800
| +2% | +$22.4K |
|
2179
First Community Bankshares
FCBC
$902M
| $891K | ﹤0.01% |
26,379
| – | – |
|
|
DHIL
2180
DELISTED
Diamond Hill
DHIL
| $886K | ﹤0.01% |
6,254
+300
| +5% | +$42.8K |
|
|
AKRX
2181
DELISTED
Akorn Inc
AKRX
| $883K | ﹤0.01% |
171,484
| – | – |
|
2182
Precigen
PGEN
$2.51B
| $879K | ﹤0.01% |
114,900
-22,600
| -16% | -$122K |
|
|
RST
2183
DELISTED
ROSETTA STONE INC
RST
| $874K | ﹤0.01% |
38,200
+1,900
| +5% | +$45.7K |
|
2184
Regis Corp
RGS
$70.8M
| $870K | ﹤0.01% |
2,620
-410
| -14% | -$155K |
|
|
ALTA
2185
DELISTED
Altabancorp
ALTA
| $870K | ﹤0.01% |
29,600
+600
| +2% | +$17.2K |
|
|
SEI
2186
Solaris Energy Infrastructure
SEI
$3.86B
| $869K | ﹤0.01% |
+58,000
| New | +$962K |
|
|
COWN
2187
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $869K | ﹤0.01% |
50,525
+9,300
| +23% | +$150K |
|
2188
1-800-Flowers.com
FLWS
$255M
| $868K | ﹤0.01% |
46,000
| – | – |
|
2189
LeMaitre Vascular
LMAT
$1.86B
| $867K | ﹤0.01% |
31,000
+700
| +2% | +$19.5K |
|
|
UCFC
2190
DELISTED
United Community Financial Corp
UCFC
| $867K | ﹤0.01% |
90,600
| – | – |
|
2191
Dime Commercial Bancshares
DCOM
$1.77B
| $866K | ﹤0.01% |
29,400
-1,200
| -4% | -$35.6K |
|
|
NE
2192
DELISTED
Noble Corporation
NE
| $865K | ﹤0.01% |
462,698
+12,900
| +3% | +$30.3K |
|
2193
RPC Inc
RES
$1.36B
| $864K | ﹤0.01% |
119,900
+2,400
| +2% | +$22.8K |
|
2194
First Mid Bancshares
FMBH
$1.36B
| $863K | ﹤0.01% |
24,700
+3,800
| +18% | +$129K |
|
2195
Independent Bank Corp
IBCP
$841M
| $861K | ﹤0.01% |
39,500
-4,500
| -10% | -$97.5K |
|
2196
York Water
YORW
$518M
| $861K | ﹤0.01% |
24,100
+600
| +3% | +$20.6K |
|
2197
Peapack-Gladstone Financial
PGC
$800M
| $860K | ﹤0.01% |
30,600
+800
| +3% | +$22.2K |
|
|
MODN
2198
DELISTED
MODEL N, INC.
MODN
| $858K | ﹤0.01% |
44,000
+1,000
| +2% | +$18.4K |
|
2199
United Natural Foods
UNFI
$2.8B
| $857K | ﹤0.01% |
95,500
+2,000
| +2% | +$23K |
|
|
INFN
2200
DELISTED
Infinera Corporation Common Stock
INFN
| $855K | ﹤0.01% |
293,800
-25,100
| -8% | -$94.3K |
|
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.