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 |
Verizon
VZ
|
+$91.5M |
| 2 |
VRN
Veren
VRN
|
+$44.4M |
| 3 |
Perrigo
PRGO
|
+$25.6M |
| 4 |
VER
VEREIT, Inc.
VER
|
+$7.63M |
| 5 |
Liberty Global Class C
LBTYK
|
+$6.77M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$51.2M |
| 2 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
+$43.4M |
| 3 |
ExxonMobil
XOM
|
+$41.4M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$27.7M |
| 5 |
Microsoft
MSFT
|
+$27.3M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 13.36% |
| 2 | Technology | 13.06% |
| 3 | Energy | 11.79% |
| 4 | Industrials | 11.18% |
| 5 | Consumer Staples | 10.06% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
HTB
2276
HomeTrust Bancshares
HTB
$826M
| $352K | ﹤0.01% |
22,300
+4,400
| +25% | +$69.3K |
|
|
IIP
2277
DELISTED
INTERNAP NETWORK SERVICES CORPORATION
IIP
| $352K | ﹤0.01% |
49,700
+12,400
| +33% | +$87.8K |
|
2278
Matsons
MATX
$6.24B
| $351K | ﹤0.01% |
14,200
+1,900
| +15% | +$46.9K |
|
|
PIKE
2279
DELISTED
PIKE CORPORATION COM STK (NC)
PIKE
| $351K | ﹤0.01% |
32,600
+6,400
| +24% | +$68.4K |
|
|
NES
2280
DELISTED
NUVERRA ENVIRONMENTAL INC NEW COM STK (DE)
NES
| $350K | ﹤0.01% |
17,250
+2,900
| +20% | +$46.4K |
|
|
AT
2281
DELISTED
Atlantic Power Corporation
AT
| $349K | ﹤0.01% |
120,200
+29,200
| +32% | +$83.5K |
|
|
UBNK
2282
DELISTED
United Financial Bancorp, Inc.
UBNK
| $349K | ﹤0.01% |
25,700
+4,000
| +18% | +$54.6K |
|
2283
Insteel Industries
IIIN
$626M
| $344K | ﹤0.01% |
17,500
+4,600
| +36% | +$90.4K |
|
|
PHLT
2284
DELISTED
Performant Healthcare Inc
PHLT
| $343K | ﹤0.01% |
37,900
+6,200
| +20% | +$53.9K |
|
|
SP
2285
DELISTED
SP Plus Corporation
SP
| $342K | ﹤0.01% |
13,000
+3,100
| +31% | +$80.3K |
|
|
VRNG
2286
DELISTED
VRINGO, INC COM STK NEW (DE)
VRNG
| $342K | ﹤0.01% |
9,850
+1,620
| +20% | +$61.1K |
|
|
KWK
2287
DELISTED
QUICKSILVER RESOURCES INC
KWK
| $342K | ﹤0.01% |
130,200
+23,200
| +22% | +$70.8K |
|
|
SHOE
2288
Shoe Station Group
SHOE
$437M
| $341K | ﹤0.01% |
29,600
+7,200
| +32% | +$91.2K |
|
2289
BancFirst
BANF
$3.77B
| $340K | ﹤0.01% |
12,000
+4,200
| +54% | +$115K |
|
|
SGNT
2290
DELISTED
SAGENT PHARMACEUTICALS INC COM STK (DE)
SGNT
| $339K | ﹤0.01% |
14,500
+2,900
| +25% | +$63.4K |
|
|
HSII
2291
DELISTED
Heidrick & Struggles
HSII
| $337K | ﹤0.01% |
16,800
+2,400
| +17% | +$44.5K |
|
2292
Quantum Corp
QMCO
$464M
| $337K | ﹤0.01% |
1,725
+353
| +26% | +$68.8K |
|
2293
OneSpan
OSPN
$603M
| $335K | ﹤0.01% |
44,400
+5,000
| +13% | +$38.7K |
|
|
BPZ
2294
DELISTED
BPZ RESOURCES INC COM STK
BPZ
| $334K | ﹤0.01% |
104,900
+23,300
| +29% | +$54.1K |
|
|
OPLK
2295
DELISTED
OPLINK COMMUNICATIONS INC
OPLK
| $334K | ﹤0.01% |
18,600
+3,900
| +27% | +$69.2K |
|
|
CSFL
2296
DELISTED
CenterState Bank Corporation Common Stock
CSFL
| $333K | ﹤0.01% |
30,496
+6,400
| +27% | +$68.1K |
|
|
BV
2297
DELISTED
Bazaarvoice, Inc.
BV
| $333K | ﹤0.01% |
45,600
+10,100
| +28% | +$76.4K |
|
|
QLTY
2298
DELISTED
QUALITY DISTR INC FLA
QLTY
| $333K | ﹤0.01% |
25,600
+4,900
| +24% | +$67K |
|
2299
Geron
GERN
$949M
| $332K | ﹤0.01% |
168,857
+47,399
| +39% | +$189K |
|
2300
Alamo Group
ALG
$2.06B
| $331K | ﹤0.01% |
6,100
+1,800
| +42% | +$97.1K |
|
Similar funds
Swiss National Bank's Q1 2014 Portfolio in Review
As of Q1 2014, Swiss National Bank held 2,515 positions worth $25.5B, down 0.58% from $25.6B the previous quarter. Its ten largest holdings account for 13% of the portfolio.
Trading was light in Q1 2014: portfolio turnover was 1.2%. Swiss National Bank opened 8 new positions and exited 21, leaving the 2,515-position portfolio largely intact.
By sector, the portfolio is most concentrated in Healthcare at 13% of assets, up from 13% a quarter earlier, followed by Technology and Energy.
- Swiss National Bank's largest Q1 2014 buy was Veren: 1,374,746 shares worth $46M.
- Swiss National Bank added most to Verizon in Q1 2014, an estimated $91.5M increase.
- Swiss National Bank's biggest Q1 2014 reduction was Apple, cutting an estimated $51.2M.
- Swiss National Bank fully exited COLE REAL ESTATE INVESTMENTS, INC COM in Q1 2014, selling an estimated $43.4M.
- Swiss National Bank's ten largest holdings make up 13% of its $25.5B portfolio in Q1 2014.
- Swiss National Bank opened 8 new positions and closed 21 in Q1 2014.
- Swiss National Bank's portfolio value fell 0.58% quarter-over-quarter to $25.5B.
Based on Swiss National Bank's 13F filing for Q1 2014, filed 6 May 2014.