Czech National Bank Portfolio holdings
The Czech National Bank is the central bank of the Czech Republic and, unusually for a central bank, holds stocks as part of its foreign currency reserves. It only began investing in equities in 2008. It was created in 1993, when Czechoslovakia split up and the State Bank of Czechoslovakia was divided. Its main goal is stable prices, which it pursues by setting interest rates against a published inflation target of 2%. It has also launched a small test portfolio of digital assets that includes bitcoin, kept apart from its international reserves.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Bloom Energy
BE
|
+$20M |
| 2 |
Ferguson
FERG
|
+$12.9M |
| 3 |
NVIDIA
NVDA
|
+$12.7M |
| 4 |
Illumina
ILMN
|
+$9.12M |
| 5 |
Everpure Inc
P
|
+$8.99M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Electronic Arts
EA
|
+$13.1M |
| 2 |
AvalonBay Communities
AVB
|
+$7.46M |
| 3 |
Builders FirstSource
BLDR
|
+$2.74M |
| 4 |
Trade Desk
TTD
|
+$2.2M |
| 5 |
Molson Coors Class B
TAP
|
+$1.78M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 40.45% |
| 2 | Financials | 11.2% |
| 3 | Communication Services | 9.95% |
| 4 | Healthcare | 9.26% |
| 5 | Consumer Discretionary | 8.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | Held Since | |
|---|---|---|---|---|---|---|---|
|
1
NVIDIA
NVDA
$4.51T
| $1.59B | 8.38% |
6,953,242
+59,153
| +0.9% | +$12.7M |
2022 Q3
16 quarters
|
|
2
Apple
AAPL
$4.98T
| $1.4B | 7.37% |
4,193,259
+12,675
| +0.3% | +$4.07M |
2022 Q3
16 quarters
|
|
3
Microsoft
MSFT
$3.94T
| $1.09B | 5.78% |
2,133,538
+19,121
| +0.9% | +$8.84M |
2022 Q3
16 quarters
|
|
4
Amazon
AMZN
$2.8T
| $703M | 3.71% |
2,820,243
+33,927
| +1% | +$8.62M |
2022 Q3
16 quarters
|
|
5
Alphabet (Google) Class A
GOOGL
$3.5T
| $580M | 3.06% |
1,686,018
+16,992
| +1% | +$5.9M |
2022 Q3
16 quarters
|
|
6
Broadcom
AVGO
$1.4T
| $480M | 2.53% |
1,366,967
+19,299
| +1% | +$7.27M |
2022 Q3
16 quarters
|
|
7
Alphabet (Google) Class C
GOOG
$3.49T
| $465M | 2.46% |
1,365,715
+20,399
| +2% | +$7.03M |
2022 Q3
16 quarters
|
|
8
Meta Platforms (Facebook)
META
$1.56T
| $459M | 2.43% |
633,587
+8,508
| +1% | +$5.31M |
2022 Q3
16 quarters
|
|
9
Micron Technology
MU
$781B
| $346M | 1.82% |
324,502
+3,506
| +1% | +$3.33M |
2022 Q3
16 quarters
|
|
10
Tesla
TSLA
$1.42T
| $287M | 1.52% |
809,753
+8,410
| +1% | +$3.01M |
2022 Q3
16 quarters
|
|
11
Advanced Micro Devices
AMD
$736B
| $287M | 1.51% |
469,049
+4,917
| +1% | +$2.53M |
2022 Q3
16 quarters
|
|
12
Berkshire Hathaway Class B
BRK.B
$1.22T
| $266M | 1.41% |
535,117
+13,282
| +3% | +$6.7M |
2022 Q3
16 quarters
|
|
13
Eli Lilly
LLY
$1.21T
| $266M | 1.4% |
229,903
+4,736
| +2% | +$5.59M |
2022 Q3
16 quarters
|
|
14
JPMorgan Chase
JPM
$888B
| $253M | 1.33% |
763,761
+1,070
| +0.1% | +$374K |
2022 Q3
16 quarters
|
|
15
ExxonMobil
XOM
$677B
| $192M | 1.02% |
1,181,451
+1,640
| +0.1% | +$256K |
2022 Q3
16 quarters
|
|
16
Johnson & Johnson
JNJ
$665B
| $183M | 0.97% |
692,422
+7,236
| +1% | +$1.91M |
2022 Q3
16 quarters
|
|
17
Visa
V
$789B
| $176M | 0.93% |
489,633
+17,216
| +4% | +$6.29M |
2022 Q3
16 quarters
|
|
18
Intel
INTC
$299B
| $172M | 0.91% |
1,427,696
+82,939
| +6% | +$8.46M |
2022 Q3
16 quarters
|
|
19
Walmart Inc
WMT
$996B
| $133M | 0.7% |
1,280,467
+32,600
| +3% | +$3.58M |
2022 Q3
16 quarters
|
|
20
AbbVie
ABBV
$515B
| $133M | 0.7% |
507,735
+4,838
| +1% | +$1.24M |
2022 Q3
16 quarters
|
|
21
Mastercard
MA
$569B
| $128M | 0.68% |
232,331
+2,664
| +1% | +$1.5M |
2022 Q3
16 quarters
|
|
22
Palantir
PLTR
$386B
| $124M | 0.65% |
661,050
+7,500
| +1% | +$1.2M |
2024 Q3
8 quarters
|
|
23
Cisco
CSCO
$370B
| $122M | 0.64% |
1,132,469
+8,178
| +0.7% | +$921K |
2022 Q3
16 quarters
|
|
24
Lam Research
LRCX
$251B
| $118M | 0.62% |
359,535
+3,575
| +1% | +$1.12M |
2022 Q3
16 quarters
|
|
25
Applied Materials
AMAT
$264B
| $117M | 0.62% |
228,124
+2,232
| +1% | +$1.13M |
2022 Q3
16 quarters
|
|
Similar funds
Czech National Bank's Q3 2026 Portfolio in Review
As of Q3 2026, Czech National Bank held 508 positions worth $18.9B, up 3.2% from $18.3B the previous quarter. Its ten largest holdings account for 39% of the portfolio.
Trading was light in Q3 2026: portfolio turnover was 2%. Czech National Bank opened 5 new positions and exited 5, leaving the 508-position portfolio largely intact.
By sector, the portfolio is most concentrated in Technology at 40% of assets, up from 39% a quarter earlier, followed by Financials and Communication Services.
- Czech National Bank's largest Q3 2026 buy was Bloom Energy: 84,625 shares worth $23.4M.
- Czech National Bank added most to NVIDIA in Q3 2026, an estimated $12.7M increase.
- Czech National Bank's biggest Q3 2026 reduction was W.R. Berkley, cutting an estimated $1.32M.
- Czech National Bank fully exited Electronic Arts in Q3 2026, selling an estimated $13.1M.
- Czech National Bank's ten largest holdings make up 39% of its $18.9B portfolio in Q3 2026.
- Czech National Bank opened 5 new positions and closed 5 in Q3 2026.
- Czech National Bank's portfolio value rose 3.2% quarter-over-quarter to $18.9B.
Based on Czech National Bank's 13F filing for Q3 2026, filed 13 Oct 2026.