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 |
Spotify
SPOT
|
$189M |
| 2 |
Boeing
BA
|
$57.2M |
| 3 |
Carvana
CVNA
|
$23.2M |
| 4 |
ConocoPhillips
COP
|
$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$500M |
| 2 |
Microsoft
MSFT
|
$426M |
| 3 |
Amazon
AMZN
|
$245M |
| 4 |
Meta Platforms (Facebook)
META
|
$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Constellation Brands
STZ
$26.2B
| $102M | 0.07% |
461,500
-25,400
| -5% | -$5.61M |
|
252
IQVIA
IQV
$31.9B
| $101M | 0.07% |
514,980
-25,800
| -5% | -$5.07M |
|
253
GE HealthCare
GEHC
$34.6B
| $101M | 0.07% |
1,290,087
+2,900
| +0.2% | +$227K |
|
254
General Mills
GIS
$27B
| $100M | 0.07% |
1,568,300
-88,300
| -5% | -$5.63M |
|
255
Sun Life Financial
SLF
$32.4B
| $99.5M | 0.07% |
1,676,800
-72,300
| -4% | -$4.29M |
|
256
Ferguson
FERG
$47.8B
| $98.4M | 0.07% |
567,147
-32,200
| -5% | -$5.59M |
|
257
Arch Capital
ACGL
$34.1B
| $98.1M | 0.07% |
1,062,400
-52,100
| -5% | -$4.81M |
|
258
Idexx Laboratories
IDXX
$51.4B
| $96.2M | 0.06% |
232,600
-12,500
| -5% | -$5.17M |
|
259
Old Dominion Freight Line
ODFL
$31.7B
| $96.1M | 0.06% |
544,800
-35,700
| -6% | -$6.3M |
|
260
HubSpot
HUBS
$25.7B
| $96M | 0.06% |
137,800
-5,900
| -4% | -$4.11M |
|
261
Vulcan Materials
VMC
$39B
| $96M | 0.06% |
373,100
-19,500
| -5% | -$5.02M |
|
262
ResMed
RMD
$40.6B
| $94.8M | 0.06% |
414,600
-21,500
| -5% | -$4.92M |
|
263
Wabtec
WAB
$33B
| $93.8M | 0.06% |
494,929
-29,000
| -6% | -$5.5M |
|
264
Cloudflare
NET
$74.7B
| $92.6M | 0.06% |
859,700
-33,900
| -4% | -$3.65M |
|
265
Lennar Class A
LEN
$36.7B
| $92M | 0.06% |
696,936
-44,109
| -6% | -$5.82M |
|
266
Rockwell Automation
ROK
$38.2B
| $91.6M | 0.06% |
320,500
-17,900
| -5% | -$5.12M |
|
267
Entergy
ETR
$39.2B
| $91.6M | 0.06% |
1,208,000
-59,400
| -5% | -$4.5M |
|
268
Veeva Systems
VEEV
$44.7B
| $91.4M | 0.06% |
434,500
-21,300
| -5% | -$4.48M |
|
269
Take-Two Interactive
TTWO
$44.2B
| $91.1M | 0.06% |
495,108
+1,600
| +0.3% | +$295K |
|
270
Hartford Financial Services
HIG
$37B
| $90.6M | 0.06% |
827,800
-51,000
| -6% | -$5.58M |
|
271
Centene
CNC
$14.2B
| $90M | 0.06% |
1,486,024
-97,200
| -6% | -$5.89M |
|
272
DuPont de Nemours
DD
$32.6B
| $89.9M | 0.06% |
1,179,473
-61,500
| -5% | -$4.69M |
|
273
Charter Communications
CHTR
$35.7B
| $89.9M | 0.06% |
262,216
-15,600
| -6% | -$5.35M |
|
274
Willis Towers Watson
WTW
$32.1B
| $89.9M | 0.06% |
286,910
-16,500
| -5% | -$5.17M |
|
275
Garmin
GRMN
$45.7B
| $89.6M | 0.06% |
434,400
-21,600
| -5% | -$4.46M |
|