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 |
Snowflake
SNOW
|
$199M |
| 2 |
Amazon
AMZN
|
$162M |
| 3 |
Analog Devices
ADI
|
$104M |
| 4 |
Palantir
PLTR
|
$94.3M |
| 5 |
Tesla
TSLA
|
$82.7M |
Top Sells
| 1 |
Apple
AAPL
|
$350M |
| 2 |
Microsoft
MSFT
|
$261M |
| 3 |
L3Harris
LHX
|
$185M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$166M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$135M |
Sector Composition
| 1 | Technology | 27.74% |
| 2 | Healthcare | 14.18% |
| 3 | Consumer Discretionary | 13.57% |
| 4 | Communication Services | 11.55% |
| 5 | Industrials | 8.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Keysight
KEYS
$28.4B
| $120M | 0.08% |
729,562
-28,500
| -4% | -$4.68M |
|
252
HubSpot
HUBS
$24.9B
| $119M | 0.08% |
175,526
-3,900
| -2% | -$2.64M |
|
253
Willis Towers Watson
WTW
$31.9B
| $119M | 0.08% |
510,029
-16,000
| -3% | -$3.72M |
|
254
Ferrari
RACE
$88.1B
| $118M | 0.08% |
565,179
-20,661
| -4% | -$4.33M |
|
255
NIO
NIO
$14.1B
| $118M | 0.07% |
3,305,975
+163,935
| +5% | +$5.84M |
|
256
Okta
OKTA
$15.8B
| $117M | 0.07% |
494,538
+300
| +0.1% | +$71.2K |
|
|
ANSS
257
DELISTED
Ansys
ANSS
| $117M | 0.07% |
344,577
-9,200
| -3% | -$3.13M |
|
258
Fastenal
FAST
$56.8B
| $117M | 0.07% |
2,271,007
-70,900
| -3% | -$3.66M |
|
259
Copart
CPRT
$46.5B
| $117M | 0.07% |
841,965
-25,700
| -3% | -$3.57M |
|
260
Ball Corp
BALL
$13.6B
| $117M | 0.07% |
1,297,899
-30,500
| -2% | -$2.74M |
|
261
Corning
GLW
$59.3B
| $117M | 0.07% |
3,198,015
+65,400
| +2% | +$2.39M |
|
262
Nucor
NUE
$33.2B
| $117M | 0.07% |
1,183,241
-47,900
| -4% | -$4.72M |
|
263
Kroger
KR
$44.9B
| $115M | 0.07% |
2,843,890
-105,300
| -4% | -$4.26M |
|
264
Dell
DELL
$83.6B
| $114M | 0.07% |
1,097,375
+22,300
| +2% | +$2.32M |
|
265
Valero Energy
VLO
$48.2B
| $114M | 0.07% |
1,616,394
-50,000
| -3% | -$3.53M |
|
266
D.R. Horton
DHI
$51.5B
| $114M | 0.07% |
1,354,036
-54,800
| -4% | -$4.6M |
|
267
Equity Residential
EQR
$24.6B
| $114M | 0.07% |
1,404,878
-38,700
| -3% | -$3.13M |
|
268
Ametek
AME
$42.3B
| $113M | 0.07% |
914,686
-25,800
| -3% | -$3.2M |
|
269
Stanley Black & Decker
SWK
$11.2B
| $112M | 0.07% |
638,508
-17,000
| -3% | -$2.98M |
|
270
Old Dominion Freight Line
ODFL
$31.1B
| $111M | 0.07% |
389,744
-15,500
| -4% | -$4.43M |
|
271
Eversource Energy
ES
$23.5B
| $111M | 0.07% |
1,360,778
-37,800
| -3% | -$3.09M |
|
272
Pinterest
PINS
$25.1B
| $110M | 0.07% |
2,164,008
-7,100
| -0.3% | -$362K |
|
273
WEC Energy
WEC
$34.3B
| $110M | 0.07% |
1,247,035
-39,200
| -3% | -$3.46M |
|
274
Occidental Petroleum
OXY
$45.4B
| $109M | 0.07% |
3,695,141
-104,000
| -3% | -$3.08M |
|
275
Zebra Technologies
ZBRA
$15.5B
| $109M | 0.07% |
211,579
-6,400
| -3% | -$3.3M |
|