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 |
Viatris
VTRS
|
+$53.9M |
| 2 |
Pinduoduo
PDD
|
+$46.6M |
| 3 |
Cloudflare
NET
|
+$44.2M |
| 4 |
Enphase Energy
ENPH
|
+$42M |
| 5 |
NIO
NIO
|
+$39M |
Top Sells
| 1 |
Apple
AAPL
|
+$385M |
| 2 |
Microsoft
MSFT
|
+$198M |
| 3 |
Amazon
AMZN
|
+$138M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$76.7M |
| 5 |
Meta Platforms (Facebook)
META
|
+$76.7M |
Sector Composition
| 1 | Technology | 26.42% |
| 2 | Healthcare | 14.37% |
| 3 | Consumer Discretionary | 13.81% |
| 4 | Communication Services | 10.63% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Exact Sciences
EXAS
$10.5B
| $79.4M | 0.06% |
599,624
+16,700
| +3% | +$2.21M |
|
|
PARA
327
DELISTED
Paramount Global Class B
PARA
| $79.4M | 0.06% |
2,130,444
-61,400
| -3% | -$2.29M |
|
|
328
Enphase Energy
ENPH
$4.96B
| $79.3M | 0.06% |
452,100
+239,300
| +112% | +$42M |
|
329
Lennar Class A
LEN
$35.6B
| $79.1M | 0.06% |
1,072,304
-31,816
| -3% | -$2.35M |
|
330
Stellantis
STLA
$25.8B
| $79.1M | 0.06% |
4,397,569
-27,280
| -0.6% | -$491K |
|
331
West Pharmaceutical
WST
$18.2B
| $79M | 0.06% |
278,900
-7,600
| -3% | -$2.15M |
|
332
J.M. Smucker
SJM
$11.8B
| $78.5M | 0.06% |
678,794
-7,100
| -1% | -$821K |
|
333
Las Vegas Sands
LVS
$37.1B
| $77.4M | 0.06% |
1,299,236
-38,500
| -3% | -$2.29M |
|
334
Zebra Technologies
ZBRA
$15.9B
| $77.4M | 0.06% |
201,352
-5,300
| -3% | -$2.04M |
|
335
Fortinet
FTNT
$61.2B
| $77.2M | 0.05% |
2,599,355
-75,000
| -3% | -$2.23M |
|
336
Dell
DELL
$82B
| $76.4M | 0.05% |
2,056,803
-42,025
| -2% | -$1.56M |
|
337
Fortis
FTS
$24.6B
| $76.1M | 0.05% |
1,861,382
-89,500
| -5% | -$3.66M |
|
338
Amcor
AMCR
$18.9B
| $76M | 0.05% |
6,455,648
-193,500
| -3% | -$2.28M |
|
339
EPAM Systems
EPAM
$9.19B
| $75.6M | 0.05% |
210,949
-5,600
| -3% | -$2.01M |
|
340
Garmin
GRMN
$46.1B
| $75.4M | 0.05% |
630,325
-13,400
| -2% | -$1.6M |
|
341
Teradyne
TER
$18.3B
| $75.2M | 0.05% |
627,400
-18,000
| -3% | -$2.16M |
|
342
Conagra Brands
CAG
$9.3B
| $74.9M | 0.05% |
2,065,090
-46,000
| -2% | -$1.67M |
|
343
Vulcan Materials
VMC
$38.6B
| $74.2M | 0.05% |
500,519
-14,900
| -3% | -$2.21M |
|
344
Kinross Gold
KGC
$27.3B
| $74.2M | 0.05% |
10,104,935
-421,300
| -4% | -$3.09M |
|
345
Essex Property Trust
ESS
$17.1B
| $73.3M | 0.05% |
308,600
-67,692
| -18% | -$16.1M |
|
346
CGI
GIB
$21.5B
| $73.3M | 0.05% |
922,900
-44,300
| -5% | -$3.52M |
|
347
W.R. Berkley
WRB
$27.5B
| $73.2M | 0.05% |
2,481,260
-11,475
| -0.5% | -$339K |
|
348
Expeditors International
EXPD
$16.4B
| $72.9M | 0.05% |
766,189
-12,600
| -2% | -$1.2M |
|
|
KSU
349
DELISTED
Kansas City Southern
KSU
| $72.7M | 0.05% |
356,364
-13,500
| -4% | -$2.76M |
|
350
Hartford Financial Services
HIG
$36.7B
| $72.7M | 0.05% |
1,484,967
-208,800
| -12% | -$10.2M |
|