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 |
Visa
V
|
+$55.5M |
| 2 |
Strategy Inc Common Stock Class A
MSTR
|
+$35.4M |
| 3 |
International Paper
IP
|
+$25.3M |
| 4 |
DoorDash
DASH
|
+$21.9M |
| 5 |
Natera
NTRA
|
+$17.1M |
Top Sells
| 1 |
Chevron
CVX
|
+$712M |
| 2 |
Apple
AAPL
|
+$120M |
| 3 |
Interactive Brokers
IBKR
|
+$38.1M |
| 4 |
NVIDIA
NVDA
|
+$24.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$23.8M |
Sector Composition
| 1 | Technology | 31.47% |
| 2 | Healthcare | 11.82% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Communication Services | 9.55% |
| 5 | Industrials | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Dow Inc
DOW
$17.7B
| $69M | 0.05% |
1,974,650
-5,500
| -0.3% | -$192K |
|
327
Equity Residential
EQR
$25.5B
| $68.9M | 0.05% |
963,150
-700
| -0.1% | -$50.1K |
|
328
Darden Restaurants
DRI
$24.9B
| $68.6M | 0.05% |
330,400
-1,400
| -0.4% | -$291K |
|
329
Carvana
CVNA
$48.9B
| $68.2M | 0.05% |
326,200
+4,400
| +1% | +$920K |
|
330
Dover
DOV
$24.1B
| $68M | 0.05% |
387,000
-1,300
| -0.3% | -$228K |
|
331
Veralto
VLTO
$26.3B
| $68M | 0.05% |
697,469
-600
| -0.1% | -$58.5K |
|
332
Markel Group
MKL
$24.3B
| $67.8M | 0.05% |
36,280
-290
| -0.8% | -$542K |
|
333
Atmos Energy
ATO
$26.7B
| $67.8M | 0.05% |
438,400
-100
| -0% | -$15.5K |
|
334
SBA Communications
SBAC
$21.4B
| $66.7M | 0.05% |
303,300
-200
| -0.1% | -$44K |
|
335
CenterPoint Energy
CNP
$24.7B
| $66.6M | 0.05% |
1,838,100
-3,000
| -0.2% | -$109K |
|
336
Pembina Pipeline
PBA
$22.5B
| $66.1M | 0.05% |
1,652,096
-32,300
| -2% | -$1.29M |
|
|
SW
337
Smurfit Westrock plc
SW
$23.8B
| $66.1M | 0.05% |
1,466,997
-1,900
| -0.1% | -$85.6K |
|
338
Devon Energy
DVN
$22.4B
| $65.8M | 0.05% |
1,760,039
-6,600
| -0.4% | -$247K |
|
339
Teledyne Technologies
TDY
$25.6B
| $65.4M | 0.05% |
131,418
-800
| -0.6% | -$398K |
|
|
EXE
340
Expand Energy Corporation Common Stock
EXE
$22.8B
| $65.3M | 0.05% |
586,656
+9,700
| +2% | +$1.08M |
|
341
Corpay
CPAY
$21.5B
| $65.1M | 0.05% |
186,800
+400
| +0.2% | +$139K |
|
342
Cincinnati Financial
CINF
$23.8B
| $65.1M | 0.05% |
440,900
-400
| -0.1% | -$59.1K |
|
343
Archer Daniels Midland
ADM
$29.5B
| $64.8M | 0.05% |
1,349,600
-1,200
| -0.1% | -$57.6K |
|
344
Stellantis
STLA
$27.6B
| $64.5M | 0.05% |
5,817,223
+45,181
| +0.8% | +$501K |
|
345
Fortis
FTS
$24.7B
| $64.5M | 0.05% |
1,415,282
-22,300
| -2% | -$1.02M |
|
346
Edison International
EIX
$21.6B
| $64.3M | 0.05% |
1,091,900
+1,000
| +0.1% | +$58.9K |
|
347
Eversource Energy
ES
$23.8B
| $64.2M | 0.05% |
1,033,333
+23,800
| +2% | +$1.48M |
|
348
Zimmer Biomet
ZBH
$20.7B
| $63.6M | 0.04% |
561,500
-13,800
| -2% | -$1.56M |
|
349
CMS Energy
CMS
$21.3B
| $63.3M | 0.04% |
842,700
-1,300
| -0.2% | -$97.6K |
|
350
Steris
STE
$24B
| $63.1M | 0.04% |
278,360
-200
| -0.1% | -$45.3K |
|