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 |
Apple
AAPL
|
$1.44B |
| 2 |
Microsoft
MSFT
|
$1.16B |
| 3 |
Amazon
AMZN
|
$797M |
| 4 |
Tesla
TSLA
|
$537M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$441M |
Top Sells
| 1 |
XLNX
Xilinx Inc
XLNX
|
$199M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$191M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
$62.8M |
| 4 |
Exelon
EXC
|
$46.4M |
| 5 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
$43.9M |
Sector Composition
| 1 | Technology | 28.24% |
| 2 | Healthcare | 14.22% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Communication Services | 9.52% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Cenovus Energy
CVE
$28.8B
| $97M | 0.05% |
5,825,835
+666,000
| +13% | +$11.1M |
|
327
Okta
OKTA
$16.3B
| $96.5M | 0.05% |
639,438
+164,100
| +35% | +$24.8M |
|
328
Palantir
PLTR
$370B
| $96.4M | 0.05% |
7,019,300
+990,600
| +16% | +$13.6M |
|
329
VeriSign
VRSN
$26.4B
| $96.3M | 0.05% |
433,037
+50,300
| +13% | +$11.2M |
|
|
DRE
330
DELISTED
Duke Realty Corp.
DRE
| $95.8M | 0.05% |
1,649,512
+211,400
| +15% | +$12.3M |
|
331
Zebra Technologies
ZBRA
$16B
| $95.8M | 0.05% |
231,479
+28,400
| +14% | +$11.7M |
|
332
CF Industries
CF
$13.7B
| $95.7M | 0.05% |
928,966
+111,400
| +14% | +$11.5M |
|
333
Lennar Class A
LEN
$36.9B
| $95.6M | 0.05% |
1,216,352
+137,802
| +13% | +$10.8M |
|
334
Teledyne Technologies
TDY
$25.6B
| $95.5M | 0.05% |
202,063
+24,900
| +14% | +$11.8M |
|
335
Skyworks Solutions
SWKS
$11.2B
| $95.5M | 0.05% |
716,336
+88,500
| +14% | +$11.8M |
|
336
Wheaton Precious Metals
WPM
$48.1B
| $95.1M | 0.05% |
2,001,300
+229,600
| +13% | +$10.9M |
|
337
Hewlett Packard
HPE
$31B
| $94.7M | 0.05% |
5,665,553
+701,800
| +14% | +$11.7M |
|
338
PPL Corp
PPL
$26.4B
| $92.9M | 0.05% |
3,251,650
+326,200
| +11% | +$9.32M |
|
339
HubSpot
HUBS
$26.3B
| $92.3M | 0.05% |
194,426
+24,600
| +14% | +$11.7M |
|
340
Monolithic Power Systems
MPWR
$41.4B
| $92.1M | 0.05% |
189,589
+23,800
| +14% | +$11.6M |
|
341
Pembina Pipeline
PBA
$22.1B
| $91.7M | 0.05% |
2,443,148
+279,100
| +13% | +$10.5M |
|
342
DocuSign
DOCU
$16.5B
| $91.3M | 0.05% |
852,009
+111,500
| +15% | +$11.9M |
|
343
Coterra Energy
CTRA
$18.2B
| $90.3M | 0.05% |
3,347,620
+413,900
| +14% | +$11.2M |
|
344
Cincinnati Financial
CINF
$24B
| $90.1M | 0.05% |
663,039
+81,000
| +14% | +$11M |
|
345
Brown-Forman Class B
BF.B
$13B
| $89.9M | 0.05% |
1,341,471
+164,300
| +14% | +$11M |
|
346
Fortive
FTV
$16.2B
| $89.9M | 0.05% |
1,475,384
+181,300
| +14% | +$11M |
|
347
Cooper Companies
COO
$13.7B
| $89.2M | 0.05% |
854,020
+104,800
| +14% | +$10.9M |
|
348
Ulta Beauty
ULTA
$23.3B
| $89.1M | 0.05% |
223,636
+27,300
| +14% | +$10.9M |
|
349
Rogers Communications
RCI
$19.3B
| $89M | 0.05% |
1,574,300
+179,900
| +13% | +$10.2M |
|
350
Ingersoll Rand
IR
$31.9B
| $88.9M | 0.05% |
1,765,396
+225,000
| +15% | +$11.3M |
|