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
| 1 |
Viatris
VTRS
|
$53.9M |
| 2 |
Pinduoduo
PDD
|
$46.6M |
| 3 |
Cloudflare
NET
|
$44.2M |
| 4 |
Enphase Energy
ENPH
|
$42M |
| 5 |
NIO
NIO
|
$39M |
Top Sells
| 1 |
Apple
AAPL
|
$385M |
| 2 |
Microsoft
MSFT
|
$198M |
| 3 |
Amazon
AMZN
|
$138M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$76.7M |
| 5 |
Meta Platforms (Facebook)
META
|
$76.7M |
Sector Composition
| 1 | Technology | 26.42% |
| 2 | Healthcare | 14.37% |
| 3 | Consumer Discretionary | 13.81% |
| 4 | Communication Services | 10.63% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
American International
AIG
$43.9B
| $123M | 0.09% |
3,252,870
-99,600
| -3% | -$3.77M |
|
227
SBA Communications
SBAC
$21.2B
| $123M | 0.09% |
435,237
-11,500
| -3% | -$3.24M |
|
228
Cintas
CTAS
$82.4B
| $121M | 0.09% |
1,373,868
-47,600
| -3% | -$4.21M |
|
229
Zimmer Biomet
ZBH
$20.9B
| $121M | 0.09% |
805,900
-23,175
| -3% | -$3.47M |
|
230
TransDigm Group
TDG
$71.6B
| $120M | 0.09% |
194,455
-5,400
| -3% | -$3.34M |
|
231
Marvell Technology
MRVL
$54.6B
| $120M | 0.09% |
2,529,921
-60,900
| -2% | -$2.9M |
|
232
AvalonBay Communities
AVB
$27.8B
| $119M | 0.08% |
743,322
-216,123
| -23% | -$34.7M |
|
|
CTXS
233
DELISTED
Citrix Systems Inc
CTXS
| $119M | 0.08% |
913,499
-30,500
| -3% | -$3.97M |
|
|
ANSS
234
DELISTED
Ansys
ANSS
| $118M | 0.08% |
324,000
-9,200
| -3% | -$3.35M |
|
235
Carrier Global
CARR
$55.8B
| $117M | 0.08% |
3,107,208
-95,800
| -3% | -$3.61M |
|
236
Aflac
AFL
$57.2B
| $117M | 0.08% |
2,631,475
-167,100
| -6% | -$7.43M |
|
237
Hilton Worldwide
HLT
$64B
| $117M | 0.08% |
1,047,117
-32,100
| -3% | -$3.57M |
|
238
Prudential Financial
PRU
$37.2B
| $116M | 0.08% |
1,491,554
-45,700
| -3% | -$3.57M |
|
239
Ferrari
RACE
$87.1B
| $116M | 0.08% |
503,049
-4,735
| -0.9% | -$1.1M |
|
240
ResMed
RMD
$40.6B
| $116M | 0.08% |
547,471
-15,700
| -3% | -$3.34M |
|
241
Phillips 66
PSX
$53.2B
| $115M | 0.08% |
1,648,930
-50,900
| -3% | -$3.56M |
|
242
Okta
OKTA
$16.1B
| $115M | 0.08% |
453,077
+1,000
| +0.2% | +$254K |
|
243
Pinterest
PINS
$25.8B
| $115M | 0.08% |
1,747,100
+176,500
| +11% | +$11.6M |
|
244
Ameren
AEE
$27.2B
| $115M | 0.08% |
1,473,962
-15,200
| -1% | -$1.19M |
|
245
Ball Corp
BALL
$13.9B
| $115M | 0.08% |
1,233,854
-35,100
| -3% | -$3.27M |
|
246
CrowdStrike
CRWD
$105B
| $115M | 0.08% |
542,100
-13,200
| -2% | -$2.8M |
|
247
American Water Works
AWK
$28B
| $115M | 0.08% |
746,963
-19,000
| -2% | -$2.92M |
|
248
Schlumberger
SLB
$53.4B
| $114M | 0.08% |
5,241,496
-160,500
| -3% | -$3.5M |
|
249
Akamai
AKAM
$11.3B
| $114M | 0.08% |
1,089,360
-6,200
| -0.6% | -$651K |
|
250
Canadian Natural Resources
CNQ
$63.2B
| $114M | 0.08% |
9,661,927
-478,645
| -5% | -$5.64M |
|