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 | |
|---|---|---|---|---|---|---|
|
WIFI
2376
DELISTED
Boingo Wireless, Inc.
WIFI
| $436K | ﹤0.01% |
58,150
+9,650
| +20% | +$62.6K |
|
|
AT
2377
DELISTED
Atlantic Power Corporation
AT
| $435K | ﹤0.01% |
182,600
+36,700
| +25% | +$69.8K |
|
|
INWK
2378
DELISTED
InnerWorkings, Inc.
INWK
| $435K | ﹤0.01% |
56,800
+11,400
| +25% | +$80.1K |
|
|
MRTX
2379
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $434K | ﹤0.01% |
21,000
+4,900
| +30% | +$110K |
|
|
DEA
2380
Easterly Government Properties
DEA
$1.14B
| $433K | ﹤0.01% |
9,684
+1,760
| +22% | +$76.6K |
|
2381
World Acceptance Corp
WRLD
$873M
| $433K | ﹤0.01% |
11,800
+1,900
| +19% | +$67K |
|
|
CUDA
2382
DELISTED
Barracuda Networks, Inc.
CUDA
| $433K | ﹤0.01% |
29,200
+6,100
| +26% | +$77.7K |
|
2383
IDT Corp
IDT
$1.63B
| $432K | ﹤0.01% |
40,640
+7,505
| +23% | +$67.9K |
|
2384
Natural Health Trends
NHTC
$14.9M
| $432K | ﹤0.01% |
13,483
+2,550
| +23% | +$69.2K |
|
2385
American Coastal Insurance
ACIC
$464M
| $429K | ﹤0.01% |
23,300
+5,200
| +29% | +$87.2K |
|
|
BOXC
2386
DELISTED
Brookfield Can Office Properties
BOXC
| $425K | ﹤0.01% |
19,483
+5,983
| +44% | +$117K |
|
2387
Arrowhead Research
ARWR
$12.6B
| $424K | ﹤0.01% |
91,400
+18,000
| +25% | +$75.9K |
|
|
INFI
2388
DELISTED
Infinity Pharmaceuticals, Inc.
INFI
| $423K | ﹤0.01% |
83,000
+15,000
| +22% | +$91.8K |
|
2389
Wingstop
WING
$3.03B
| $422K | ﹤0.01% |
19,400
+11,900
| +159% | +$279K |
|
2390
NVE Corp
NVEC
$565M
| $421K | ﹤0.01% |
7,700
+1,300
| +20% | +$66.9K |
|
|
PKD
2391
DELISTED
Parker Drilling Company
PKD
| $421K | ﹤0.01% |
13,700
+2,487
| +22% | +$59K |
|
|
ADXS
2392
DELISTED
Advaxis Inc
ADXS
| $420K | ﹤0.01% |
3,213
+673
| +26% | +$74.5K |
|
2393
Beazer Homes USA
BZH
$874M
| $417K | ﹤0.01% |
49,700
+9,900
| +25% | +$82.3K |
|
2394
Radware
RDWR
$1.2B
| $417K | ﹤0.01% |
36,400
+15,000
| +70% | +$181K |
|
|
ONIT
2395
Onity Group
ONIT
$328M
| $414K | ﹤0.01% |
11,580
+2,173
| +23% | +$149K |
|
|
FNHC
2396
DELISTED
FedNat Holding Company Common Stock
FNHC
| $414K | ﹤0.01% |
21,749
+8,349
| +62% | +$194K |
|
2397
Skywest
SKYW
$4.19B
| $411K | ﹤0.01% |
21,300
+4,200
| +25% | +$71K |
|
2398
First Community Bankshares
FCBC
$918M
| $410K | ﹤0.01% |
21,579
+4,700
| +28% | +$85.6K |
|
|
SSI
2399
DELISTED
Stage Stores Inc
SSI
| $409K | ﹤0.01% |
52,500
+9,700
| +23% | +$77.9K |
|
2400
NMI Holdings
NMIH
$3.34B
| $406K | ﹤0.01% |
83,274
+16,000
| +24% | +$83.4K |
|
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.