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 | |
|---|---|---|---|---|---|---|
326
Xylem
XYL
$34.2B
| $88.1M | 0.06% |
711,990
-23,900
| -3% | -$2.96M |
|
327
Peloton Interactive
PTON
$3.27B
| $87.9M | 0.06% |
1,009,550
-11,700
| -1% | -$1.02M |
|
328
Dollar Tree
DLTR
$20.6B
| $87.8M | 0.06% |
916,940
-42,500
| -4% | -$4.07M |
|
329
Alnylam Pharmaceuticals
ALNY
$59.2B
| $87.7M | 0.06% |
464,610
-12,300
| -3% | -$2.32M |
|
330
Waters Corp
WAT
$18.2B
| $87.2M | 0.06% |
244,011
-9,800
| -4% | -$3.5M |
|
331
Carvana
CVNA
$50.9B
| $86.9M | 0.06% |
288,105
+700
| +0.2% | +$211K |
|
332
Fortis
FTS
$24.8B
| $86.3M | 0.05% |
1,955,982
-44,300
| -2% | -$1.96M |
|
333
Invitation Homes
INVH
$18.5B
| $86M | 0.05% |
2,244,557
-68,400
| -3% | -$2.62M |
|
|
HES
334
DELISTED
Hess
HES
| $85.7M | 0.05% |
1,096,806
-30,100
| -3% | -$2.35M |
|
335
Ventas
VTR
$30.9B
| $85.6M | 0.05% |
1,550,572
+22,100
| +1% | +$1.22M |
|
336
DTE Energy
DTE
$28.4B
| $85.6M | 0.05% |
766,070
-162,615
| -18% | -$18.2M |
|
337
TransUnion
TRU
$17.5B
| $85M | 0.05% |
756,739
-22,000
| -3% | -$2.47M |
|
338
PPL Corp
PPL
$26.6B
| $84.8M | 0.05% |
3,043,150
-94,000
| -3% | -$2.62M |
|
339
Avantor
AVTR
$9.07B
| $84.8M | 0.05% |
2,073,983
-55,700
| -3% | -$2.28M |
|
340
Mid-America Apartment Communities
MAA
$17B
| $84.7M | 0.05% |
453,796
-12,800
| -3% | -$2.39M |
|
341
NetEase
NTES
$85B
| $84.6M | 0.05% |
990,917
+7,100
| +0.7% | +$606K |
|
342
Zscaler
ZS
$42.7B
| $84.6M | 0.05% |
322,575
-5,700
| -2% | -$1.49M |
|
343
Martin Marietta Materials
MLM
$37.5B
| $84.4M | 0.05% |
247,129
-6,800
| -3% | -$2.32M |
|
|
CERN
344
DELISTED
Cerner Corp
CERN
| $84M | 0.05% |
1,191,502
-57,400
| -5% | -$4.05M |
|
345
Airbnb
ABNB
$75.8B
| $83.3M | 0.05% |
496,405
+250,100
| +102% | +$42M |
|
346
Monolithic Power Systems
MPWR
$41.5B
| $83.3M | 0.05% |
171,789
-3,600
| -2% | -$1.74M |
|
347
Edison International
EIX
$21B
| $83.2M | 0.05% |
1,500,491
-48,200
| -3% | -$2.67M |
|
348
CarMax
KMX
$9.11B
| $82.5M | 0.05% |
645,053
-17,700
| -3% | -$2.26M |
|
349
International Paper
IP
$25.7B
| $82.3M | 0.05% |
1,553,957
-54,912
| -3% | -$2.91M |
|
350
VeriSign
VRSN
$26.2B
| $82.2M | 0.05% |
400,837
-14,200
| -3% | -$2.91M |
|