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
|
+$411M |
| 2 |
Microsoft
MSFT
|
+$309M |
| 3 |
ExxonMobil
XOM
|
+$258M |
| 4 |
Johnson & Johnson
JNJ
|
+$221M |
| 5 |
GE Aerospace
GE
|
+$217M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
+$54.7M |
| 4 |
Stellantis
STLA
|
+$25.2M |
| 5 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
+$20M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 14.83% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.31% |
| 5 | Industrials | 10.29% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
BPMC
2276
DELISTED
Blueprint Medicines
BPMC
| $527K | ﹤0.01% |
30,200
+16,000
| +113% | +$278K |
|
2277
Metallus
MTUS
$900M
| $527K | ﹤0.01% |
59,900
+11,550
| +24% | +$84.5K |
|
2278
PetMed Express
PETS
$42.3M
| $526K | ﹤0.01% |
30,500
+6,200
| +26% | +$106K |
|
|
WLH
2279
DELISTED
WILLIAM LYON HOMES
WLH
| $525K | ﹤0.01% |
37,500
+6,700
| +22% | +$79.3K |
|
2280
Arrow Financial
AROW
$721M
| $524K | ﹤0.01% |
25,807
+4,434
| +21% | +$92.6K |
|
|
TUES
2281
DELISTED
Tuesday Morning Corp
TUES
| $524K | ﹤0.01% |
66,500
+13,400
| +25% | +$87.8K |
|
|
FNBC
2282
DELISTED
First NBC Bank Holding Company
FNBC
| $523K | ﹤0.01% |
26,300
+5,000
| +23% | +$133K |
|
|
FRP
2283
DELISTED
Fairpoint Communications, Inc.
FRP
| $523K | ﹤0.01% |
36,353
+13,753
| +61% | +$206K |
|
2284
German American Bancorp
GABC
$1.89B
| $522K | ﹤0.01% |
25,350
+5,550
| +28% | +$117K |
|
|
ENT
2285
DELISTED
Global Eagle Entertainment Inc.
ENT
| $521K | ﹤0.01% |
2,532
+480
| +23% | +$112K |
|
2286
BancFirst
BANF
$3.82B
| $519K | ﹤0.01% |
19,000
+4,400
| +30% | +$123K |
|
2287
OFG Bancorp
OFG
$2.22B
| $518K | ﹤0.01% |
76,600
+13,300
| +21% | +$81.2K |
|
|
RVNC
2288
DELISTED
Revance Therapeutics, Inc.
RVNC
| $518K | ﹤0.01% |
30,750
+6,000
| +24% | +$122K |
|
2289
Columbus McKinnon
CMCO
$564M
| $516K | ﹤0.01% |
33,811
+5,800
| +21% | +$85.8K |
|
2290
Sportsman's Warehouse
SPWH
$46.8M
| $515K | ﹤0.01% |
42,300
+15,800
| +60% | +$201K |
|
|
VRTV
2291
DELISTED
VERITIV CORPORATION
VRTV
| $514K | ﹤0.01% |
14,282
+2,700
| +23% | +$88.9K |
|
|
TXTR
2292
DELISTED
TEXTURA CORPORATION COM
TXTR
| $514K | ﹤0.01% |
28,600
+5,500
| +24% | +$92.5K |
|
|
HOS
2293
DELISTED
Hornbeck Offshore Services, Inc.
HOS
| $513K | ﹤0.01% |
53,500
+10,600
| +25% | +$89K |
|
|
ISLE
2294
DELISTED
Isle of Capri Casinos Inc
ISLE
| $513K | ﹤0.01% |
37,900
+6,800
| +22% | +$83.8K |
|
|
LDR
2295
DELISTED
Landauer Inc
LDR
| $511K | ﹤0.01% |
16,000
+2,900
| +22% | +$86.9K |
|
|
SNC
2296
DELISTED
State National Companies, Inc.
SNC
| $510K | ﹤0.01% |
42,200
+9,500
| +29% | +$103K |
|
2297
Calix
CALX
$2.49B
| $509K | ﹤0.01% |
74,100
+12,300
| +20% | +$86.9K |
|
2298
REX American Resources
REX
$1.43B
| $509K | ﹤0.01% |
57,000
+10,800
| +23% | +$93.2K |
|
|
MCRN
2299
DELISTED
Milacron Holdings Corp.
MCRN
| $504K | ﹤0.01% |
31,500
+14,000
| +80% | +$197K |
|
|
BKMU
2300
DELISTED
Bank Mutual Corp
BKMU
| $504K | ﹤0.01% |
69,000
+13,100
| +23% | +$98.4K |
|
Similar funds
Swiss National Bank's Q1 2016 Portfolio in Review
As of Q1 2016, Swiss National Bank held 2,649 positions worth $54.5B, up 32% from $41.3B the previous quarter. Its ten largest holdings account for 15% of the portfolio.
Swiss National Bank deployed $13.6B of net new capital in Q1 2016, opening 6 new positions and adding to 2,585 existing holdings. Its largest new stake was Ferrari: 823,472 shares worth $32.9M.
By sector, the portfolio is most concentrated in Technology at 15% of assets, up from 15% a quarter earlier, followed by Healthcare and Consumer Discretionary.
On the sell side, the largest reduction was Stellantis, an estimated $25.2M trimmed.
- Swiss National Bank's largest Q1 2016 buy was Ferrari: 823,472 shares worth $32.9M.
- Swiss National Bank added most to Apple in Q1 2016, an estimated $411M increase.
- Swiss National Bank's biggest Q1 2016 reduction was Stellantis, cutting an estimated $25.2M.
- Swiss National Bank fully exited BROADCOM CORP CL-A in Q1 2016, selling an estimated $58.7M.
- Swiss National Bank's ten largest holdings make up 15% of its $54.5B portfolio in Q1 2016.
- Swiss National Bank opened 6 new positions and closed 38 in Q1 2016.
- Swiss National Bank's portfolio value rose 32% quarter-over-quarter to $54.5B.
Based on Swiss National Bank's 13F filing for Q1 2016, filed 4 May 2016.