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 |
Rivian
RIVN
|
$68M |
| 2 |
Airbnb
ABNB
|
$66.4M |
| 3 |
Canadian Pacific Kansas City
CP
|
$63.5M |
| 4 |
Lucid Motors
LCID
|
$58.5M |
| 5 |
Sea Limited
SE
|
$56.1M |
Top Sells
| 1 |
Apple
AAPL
|
$560M |
| 2 |
Microsoft
MSFT
|
$389M |
| 3 |
Amazon
AMZN
|
$207M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$163M |
| 5 |
JD.com
JD
|
$154M |
Sector Composition
| 1 | Technology | 29.21% |
| 2 | Healthcare | 14% |
| 3 | Consumer Discretionary | 13.69% |
| 4 | Communication Services | 10.38% |
| 5 | Industrials | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
TransDigm Group
TDG
$71.6B
| $127M | 0.08% |
199,061
-7,200
| -3% | -$4.58M |
|
252
Arista Networks
ANET
$180B
| $126M | 0.08% |
3,498,912
-123,200
| -3% | -$4.43M |
|
253
Kinder Morgan
KMI
$59.1B
| $123M | 0.07% |
7,753,562
-305,300
| -4% | -$4.84M |
|
254
Copart
CPRT
$47B
| $123M | 0.07% |
3,237,060
-130,800
| -4% | -$4.96M |
|
255
Alexandria Real Estate Equities
ARE
$14.5B
| $123M | 0.07% |
550,255
-3,800
| -0.7% | -$847K |
|
256
Equity Residential
EQR
$25.5B
| $122M | 0.07% |
1,352,078
-52,800
| -4% | -$4.78M |
|
257
Kroger
KR
$44.8B
| $122M | 0.07% |
2,698,190
-145,700
| -5% | -$6.59M |
|
258
Lennar Class A
LEN
$36.7B
| $121M | 0.07% |
1,078,550
-47,828
| -4% | -$5.38M |
|
259
Zebra Technologies
ZBRA
$16B
| $121M | 0.07% |
203,079
-8,500
| -4% | -$5.06M |
|
260
Phillips 66
PSX
$53.2B
| $121M | 0.07% |
1,664,767
-68,800
| -4% | -$4.99M |
|
261
Williams Companies
WMB
$69.9B
| $120M | 0.07% |
4,618,097
-185,100
| -4% | -$4.82M |
|
262
Dollar Tree
DLTR
$20.6B
| $120M | 0.07% |
854,840
-62,100
| -7% | -$8.73M |
|
263
Ball Corp
BALL
$13.9B
| $120M | 0.07% |
1,241,399
-56,500
| -4% | -$5.44M |
|
|
264
Sea Limited
SE
$113B
| $119M | 0.07% |
533,600
+250,900
| +89% | +$56.1M |
|
265
Cummins
CMI
$55.1B
| $119M | 0.07% |
545,874
-32,200
| -6% | -$7.02M |
|
266
Eversource Energy
ES
$23.6B
| $119M | 0.07% |
1,306,178
-54,600
| -4% | -$4.97M |
|
267
CoStar Group
CSGP
$37.9B
| $119M | 0.07% |
1,501,190
-62,400
| -4% | -$4.93M |
|
268
Cloudflare
NET
$74.7B
| $118M | 0.07% |
901,100
-10,800
| -1% | -$1.42M |
|
269
Republic Services
RSG
$71.7B
| $118M | 0.07% |
847,085
-35,900
| -4% | -$5.01M |
|
270
Weyerhaeuser
WY
$18.9B
| $117M | 0.07% |
2,849,846
-116,600
| -4% | -$4.8M |
|
271
MongoDB
MDB
$26.4B
| $117M | 0.07% |
220,950
| – | – |
|
272
Stanley Black & Decker
SWK
$12.1B
| $117M | 0.07% |
619,508
-19,000
| -3% | -$3.58M |
|
273
Valero Energy
VLO
$48.7B
| $117M | 0.07% |
1,553,694
-62,700
| -4% | -$4.71M |
|
274
Willis Towers Watson
WTW
$32.1B
| $116M | 0.07% |
490,429
-19,600
| -4% | -$4.65M |
|
275
PACCAR
PCAR
$52B
| $116M | 0.07% |
1,979,166
-79,950
| -4% | -$4.7M |
|