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 | |
|---|---|---|---|---|---|---|
326
DTE Energy
DTE
$28B
| $70.6M | 0.05% |
584,800
-29,400
| -5% | -$3.55M |
|
327
Brown & Brown
BRO
$31.5B
| $69.9M | 0.05% |
685,000
-34,000
| -5% | -$3.47M |
|
328
Warner Bros
WBD
$30.6B
| $69.6M | 0.05% |
6,580,327
-329,100
| -5% | -$3.48M |
|
329
Tyler Technologies
TYL
$24.5B
| $69.5M | 0.05% |
120,600
-5,500
| -4% | -$3.17M |
|
330
Equity Residential
EQR
$25.4B
| $69.2M | 0.05% |
963,850
-48,500
| -5% | -$3.48M |
|
331
Nu Holdings
NU
$73.5B
| $69.1M | 0.05% |
6,669,657
-60,000
| -0.9% | -$622K |
|
332
Ventas
VTR
$30.9B
| $69M | 0.05% |
1,171,668
-29,700
| -2% | -$1.75M |
|
333
Teva Pharmaceuticals
TEVA
$22.1B
| $68.9M | 0.05% |
3,127,900
-215,000
| -6% | -$4.74M |
|
334
American Water Works
AWK
$27.3B
| $68.5M | 0.05% |
550,500
-27,700
| -5% | -$3.45M |
|
335
Archer Daniels Midland
ADM
$29.9B
| $68.2M | 0.05% |
1,350,800
-116,800
| -8% | -$5.9M |
|
336
Halliburton
HAL
$18.6B
| $67.8M | 0.05% |
2,494,000
-133,700
| -5% | -$3.64M |
|
337
PPL Corp
PPL
$26.4B
| $67.6M | 0.05% |
2,084,100
-105,600
| -5% | -$3.43M |
|
338
Ameren
AEE
$27B
| $67.2M | 0.04% |
753,800
-37,600
| -5% | -$3.35M |
|
339
NetApp
NTAP
$24.2B
| $67.2M | 0.04% |
578,500
-32,400
| -5% | -$3.76M |
|
340
West Pharmaceutical
WST
$18.2B
| $67.1M | 0.04% |
204,900
-11,600
| -5% | -$3.8M |
|
341
Williams-Sonoma
WSM
$24.8B
| $66.1M | 0.04% |
356,800
-25,000
| -7% | -$4.63M |
|
342
CDW
CDW
$22B
| $65.7M | 0.04% |
377,300
-21,600
| -5% | -$3.76M |
|
343
Franco-Nevada
FNV
$38B
| $65.6M | 0.04% |
558,760
-22,800
| -4% | -$2.68M |
|
344
Expedia Group
EXPE
$26.9B
| $65.6M | 0.04% |
352,091
-24,700
| -7% | -$4.6M |
|
|
345
Carvana
CVNA
$51.4B
| $65.4M | 0.04% |
321,800
+113,900
| +55% | +$23.2M |
|
346
Cameco
CCJ
$33.6B
| $64.9M | 0.04% |
1,263,300
-51,100
| -4% | -$2.63M |
|
347
CGI
GIB
$21.5B
| $64.7M | 0.04% |
591,200
-25,000
| -4% | -$2.73M |
|
348
Nutrien
NTR
$27.9B
| $64.2M | 0.04% |
1,436,236
-59,600
| -4% | -$2.67M |
|
349
Pultegroup
PHM
$27.9B
| $63.8M | 0.04% |
586,300
-38,100
| -6% | -$4.15M |
|
350
Hubbell
HUBB
$23.2B
| $63.5M | 0.04% |
151,600
-7,700
| -5% | -$3.23M |
|