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 |
Nu Holdings
NU
|
+$91.9M |
| 2 |
SW
Smurfit Westrock plc
SW
|
+$76.1M |
| 3 |
Pinduoduo
PDD
|
+$30.9M |
| 4 |
Microsoft
MSFT
|
+$24.9M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$22.8M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$122M |
| 2 |
Apple
AAPL
|
+$45.4M |
| 3 |
WRK
WestRock Company
WRK
|
+$38.2M |
| 4 |
Danaher
DHR
|
+$29M |
| 5 |
Flutter Entertainment
FLUT
|
+$20.3M |
Sector Composition
| 1 | Technology | 32.64% |
| 2 | Healthcare | 12.18% |
| 3 | Consumer Discretionary | 11.62% |
| 4 | Industrials | 9.2% |
| 5 | Communication Services | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Equifax
EFX
$30.9B
| $108M | 0.07% |
366,900
-1,000
| -0.3% | -$294K |
|
252
Xcel Energy
XEL
$42.5B
| $108M | 0.07% |
1,649,100
+4,500
| +0.3% | +$294K |
|
253
Electronic Arts
EA
$41.7B
| $107M | 0.07% |
749,300
-2,800
| -0.4% | -$402K |
|
254
Baker Hughes
BKR
$45.3B
| $107M | 0.07% |
2,962,320
-1,100
| -0% | -$39.8K |
|
255
Nucor
NUE
$32.6B
| $107M | 0.07% |
711,700
-1,100
| -0.2% | -$165K |
|
256
Consolidated Edison
ED
$35B
| $107M | 0.07% |
1,026,500
+3,500
| +0.3% | +$364K |
|
257
ResMed
RMD
$41B
| $106M | 0.07% |
436,100
+600
| +0.1% | +$146K |
|
258
Vertiv
VRT
$47.5B
| $105M | 0.07% |
1,055,600
-18,800
| -2% | -$1.87M |
|
|
DFS
259
DELISTED
Discover Financial Services
DFS
| $104M | 0.07% |
743,890
+800
| +0.1% | +$112K |
|
260
HP
HPQ
$27.3B
| $104M | 0.07% |
2,904,500
+7,400
| +0.3% | +$265K |
|
261
Sea Limited
SE
$113B
| $104M | 0.07% |
1,099,800
+16,300
| +2% | +$1.54M |
|
262
Iron Mountain
IRM
$27.7B
| $103M | 0.07% |
869,961
+2,200
| +0.3% | +$261K |
|
263
Hartford Financial Services
HIG
$36.8B
| $103M | 0.07% |
878,800
-1,600
| -0.2% | -$188K |
|
264
Alnylam Pharmaceuticals
ALNY
$62.4B
| $103M | 0.07% |
375,400
+1,000
| +0.3% | +$275K |
|
265
VICI Properties
VICI
$35.3B
| $103M | 0.07% |
3,096,104
+9,000
| +0.3% | +$300K |
|
266
Snowflake
SNOW
$76.1B
| $103M | 0.07% |
894,300
+3,800
| +0.4% | +$436K |
|
267
Occidental Petroleum
OXY
$45B
| $102M | 0.07% |
1,973,614
+5,200
| +0.3% | +$268K |
|
268
Sun Life Financial
SLF
$32.9B
| $102M | 0.07% |
1,749,100
+1,900
| +0.1% | +$110K |
|
269
Edison International
EIX
$21B
| $99.4M | 0.06% |
1,141,900
+2,900
| +0.3% | +$253K |
|
270
Dell
DELL
$81.7B
| $99M | 0.06% |
835,308
+57,100
| +7% | +$6.77M |
|
271
Martin Marietta Materials
MLM
$36.8B
| $98.5M | 0.06% |
182,970
+300
| +0.2% | +$161K |
|
272
Vulcan Materials
VMC
$38.5B
| $98.3M | 0.06% |
392,600
+1,100
| +0.3% | +$275K |
|
273
Xylem
XYL
$33.3B
| $97.2M | 0.06% |
719,592
+3,800
| +0.5% | +$513K |
|
274
eBay
EBAY
$41.9B
| $97M | 0.06% |
1,490,000
-43,700
| -3% | -$2.85M |
|
275
Diamondback Energy
FANG
$40B
| $96.6M | 0.06% |
560,099
+58,500
| +12% | +$10.1M |
|