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 |
Dow Inc
DOW
|
+$123M |
| 2 |
Newmont
NEM
|
+$77.1M |
| 3 |
Corteva
CTVA
|
+$72.5M |
| 4 |
Amcor
AMCR
|
+$60.2M |
| 5 |
Alibaba
BABA
|
+$47.4M |
Top Sells
| 1 |
DuPont de Nemours
DD
|
+$101M |
| 2 |
Apple
AAPL
|
+$94.5M |
| 3 |
GG
Goldcorp Inc
GG
|
+$78.3M |
| 4 |
Microsoft
MSFT
|
+$77.6M |
| 5 |
Pfizer
PFE
|
+$53.9M |
Sector Composition
| 1 | Technology | 19.94% |
| 2 | Healthcare | 14.68% |
| 3 | Consumer Discretionary | 11.95% |
| 4 | Communication Services | 10.13% |
| 5 | Industrials | 9.69% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
CTXS
351
DELISTED
Citrix Systems Inc
CTXS
| $50.8M | 0.05% |
518,016
+68,000
| +15% | +$6.67M |
|
352
Incyte
INCY
$16.9B
| $50.4M | 0.05% |
593,000
-10,600
| -2% | -$901K |
|
353
Waters Corp
WAT
$18.4B
| $50.2M | 0.05% |
233,159
-19,900
| -8% | -$4.28M |
|
|
FDC
354
DELISTED
First Data Corporation
FDC
| $50.2M | 0.05% |
1,852,600
+57,200
| +3% | +$1.55M |
|
355
Copart
CPRT
$46.5B
| $50M | 0.05% |
2,678,400
-133,600
| -5% | -$2.5M |
|
|
KL
356
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $49.9M | 0.05% |
1,159,305
+813,620
| +235% | +$35.1M |
|
357
D.R. Horton
DHI
$53B
| $49.9M | 0.05% |
1,157,774
-35,500
| -3% | -$1.53M |
|
358
Invitation Homes
INVH
$18.6B
| $49.9M | 0.05% |
1,868,116
+297,900
| +19% | +$7.96M |
|
359
Loews
L
$19.9B
| $49.9M | 0.05% |
913,319
+21,900
| +2% | +$1.2M |
|
360
BioMarin Pharmaceuticals
BMRN
$10.7B
| $49.8M | 0.05% |
581,700
-12,600
| -2% | -$1.08M |
|
361
NetApp
NTAP
$24.2B
| $49.8M | 0.05% |
807,038
-35,600
| -4% | -$2.2M |
|
362
Teleflex
TFX
$5.75B
| $49.7M | 0.05% |
150,100
-3,300
| -2% | -$1.09M |
|
|
CNH
363
CNH Industrial
CNH
$14.2B
| $49.7M | 0.05% |
5,562,449
+74,056
| +1% | +$662K |
|
364
Twilio
TWLO
$16.7B
| $49.5M | 0.05% |
363,300
+193,127
| +113% | +$26.3M |
|
365
Conagra Brands
CAG
$9.3B
| $49.1M | 0.05% |
1,852,731
-134,100
| -7% | -$3.56M |
|
366
Xylem
XYL
$34.1B
| $48.9M | 0.05% |
584,922
-14,900
| -2% | -$1.25M |
|
|
VAR
367
DELISTED
Varian Medical Systems, Inc.
VAR
| $48.6M | 0.05% |
357,248
-12,800
| -3% | -$1.74M |
|
368
Marvell Technology
MRVL
$57.6B
| $48.6M | 0.05% |
2,035,706
-50,100
| -2% | -$1.2M |
|
369
Exact Sciences
EXAS
$10.5B
| $48.4M | 0.05% |
410,000
+186,081
| +83% | +$22M |
|
370
DXC Technology
DXC
$2.62B
| $48.2M | 0.05% |
874,565
-60,500
| -6% | -$3.34M |
|
371
CarMax
KMX
$9.21B
| $48.1M | 0.05% |
554,300
-28,800
| -5% | -$2.5M |
|
372
Thomson Reuters
TRI
$79.2B
| $47.7M | 0.05% |
712,844
+31,039
| +5% | +$2.08M |
|
373
MGM Resorts International
MGM
$9.8B
| $47.4M | 0.05% |
1,660,350
-13,300
| -0.8% | -$380K |
|
374
Dover
DOV
$24.4B
| $47.4M | 0.05% |
473,117
-15,400
| -3% | -$1.54M |
|
375
NetEase
NTES
$91.2B
| $47.2M | 0.05% |
922,920
-55,595
| -6% | -$2.84M |
|