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 |
Berkshire Hathaway Class B
BRK.B
|
+$1.6B |
| 2 |
American Express
AXP
|
+$398M |
| 3 |
Capital One
COF
|
+$151M |
| 4 |
Apollo Global Management
APO
|
+$111M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$109M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.16B |
| 2 |
Microsoft
MSFT
|
+$873M |
| 3 |
Amazon
AMZN
|
+$403M |
| 4 |
NVIDIA
NVDA
|
+$356M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$283M |
Sector Composition
| 1 | Technology | 30.21% |
| 2 | Healthcare | 13.75% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Industrials | 9.22% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2501
Atlanta Braves Holdings Series A
BATRA
$2.92B
| $598K | ﹤0.01% |
14,622
-2,000
| -12% | -$81.8K |
|
2502
Scholar Rock
SRRK
$3.04B
| $598K | ﹤0.01% |
79,300
-4,300
| -5% | -$32.4K |
|
2503
Children's Place
PLCE
$143M
| $596K | ﹤0.01% |
25,700
-1,100
| -4% | -$25.5K |
|
|
AD
2504
Array Digital Infrastructure, Inc.
AD
$4.43B
| $596K | ﹤0.01% |
33,800
| – | – |
|
2505
Zumiez
ZUMZ
$364M
| $595K | ﹤0.01% |
35,700
| – | – |
|
2506
Terns Pharmaceuticals
TERN
$661M
| $594K | ﹤0.01% |
+67,900
| New | +$594K |
|
2507
Cellebrite
CLBT
$4.22B
| $594K | ﹤0.01% |
82,500
| – | – |
|
2508
Expensify
EXFY
$180M
| $594K | ﹤0.01% |
74,400
+44,800
| +151% | +$358K |
|
2509
Amalgamated Financial
AMAL
$871M
| $591K | ﹤0.01% |
36,700
+3,600
| +11% | +$57.9K |
|
2510
ON24
ONTF
$237M
| $587K | ﹤0.01% |
72,300
+10,100
| +16% | +$82K |
|
2511
Mersana Therapeutics
MRSN
$35.1M
| $586K | ﹤0.01% |
7,124
+232
| +3% | +$19.1K |
|
2512
Stitch Fix
SFIX
$744M
| $584K | ﹤0.01% |
151,700
-32,600
| -18% | -$126K |
|
2513
HBT Financial
HBT
$825M
| $581K | ﹤0.01% |
31,500
+10,700
| +51% | +$197K |
|
2514
Ribbon Communications
RBBN
$719M
| $565K | ﹤0.01% |
202,674
+39,400
| +24% | +$110K |
|
2515
Angi Inc
ANGI
$803M
| $565K | ﹤0.01% |
17,120
+1,110
| +7% | +$36.6K |
|
2516
Bank of Marin Bancorp
BMRC
$405M
| $557K | ﹤0.01% |
31,500
-3,100
| -9% | -$54.8K |
|
2517
Legacy Housing
LEGH
$669M
| $555K | ﹤0.01% |
+23,944
| New | +$555K |
|
2518
ARS Pharmaceuticals
SPRY
$1.06B
| $551K | ﹤0.01% |
+82,300
| New | +$551K |
|
2519
Rimini Street
RMNI
$425M
| $548K | ﹤0.01% |
114,400
| – | – |
|
2520
Arhaus
ARHS
$1.61B
| $541K | ﹤0.01% |
51,900
+6,200
| +14% | +$64.7K |
|
|
CBL
2521
CBL Properties
CBL
$1B
| $538K | ﹤0.01% |
24,400
-3,100
| -11% | -$68.3K |
|
2522
Westrock Coffee
WEST
$484M
| $537K | ﹤0.01% |
49,400
-21,600
| -30% | -$235K |
|
2523
Garrett Motion
GTX
$2.66B
| $536K | ﹤0.01% |
+70,800
| New | +$536K |
|
|
AMRS
2524
DELISTED
Amyris Inc.
AMRS
| $534K | ﹤0.01% |
518,900
-30,300
| -6% | -$31.2K |
|
2525
Lexicon Pharmaceuticals
LXRX
$392M
| $531K | ﹤0.01% |
232,000
+69,100
| +42% | +$158K |
|