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 |
NVIDIA
NVDA
|
+$757M |
| 2 |
Microsoft
MSFT
|
+$725M |
| 3 |
Apple
AAPL
|
+$628M |
| 4 |
Amazon
AMZN
|
+$487M |
| 5 |
Meta Platforms (Facebook)
META
|
+$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
+$121M |
| 2 |
KE Holdings
BEKE
|
+$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
+$24.4M |
| 4 |
X
US Steel
X
|
+$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
351
Equity Residential
EQR
$25.2B
| $69.8M | 0.04% |
1,034,450
+71,300
| +7% | +$4.81M |
|
352
HP
HPQ
$26.5B
| $69.8M | 0.04% |
2,853,600
+208,600
| +8% | +$5.1M |
|
|
SW
353
Smurfit Westrock plc
SW
$23.6B
| $68.2M | 0.04% |
1,580,197
+113,200
| +8% | +$4.88M |
|
354
W.R. Berkley
WRB
$27.4B
| $67.4M | 0.04% |
917,762
+58,000
| +7% | +$4.26M |
|
355
Corpay
CPAY
$21.5B
| $67M | 0.04% |
202,000
+15,200
| +8% | +$5.04M |
|
356
Western Digital
WDC
$33B
| $67M | 0.04% |
1,046,507
+71,600
| +7% | +$4.58M |
|
357
Liberty Media Series C
FWONK
$24.7B
| $67M | 0.04% |
640,800
+45,200
| +8% | +$4.72M |
|
358
ON Semiconductor
ON
$19.7B
| $67M | 0.04% |
1,277,600
+76,700
| +6% | +$4.02M |
|
359
FirstEnergy
FE
$25B
| $66.8M | 0.04% |
1,659,644
+115,500
| +7% | +$4.65M |
|
360
Insulet
PODD
$23.8B
| $66.8M | 0.04% |
212,600
+14,700
| +7% | +$4.62M |
|
361
NetApp
NTAP
$24.7B
| $66.6M | 0.04% |
624,800
+51,400
| +9% | +$5.48M |
|
362
Labcorp
LH
$22.7B
| $66.5M | 0.04% |
253,220
+17,300
| +7% | +$4.54M |
|
363
NVR
NVR
$23B
| $66.4M | 0.04% |
8,990
+350
| +4% | +$2.58M |
|
364
Hubbell
HUBB
$23.5B
| $66.2M | 0.04% |
162,100
+10,700
| +7% | +$4.37M |
|
365
Pembina Pipeline
PBA
$22.5B
| $66M | 0.04% |
1,764,496
+112,400
| +7% | +$4.2M |
|
366
Natera
NTRA
$23.3B
| $65.7M | 0.04% |
388,800
+35,000
| +10% | +$5.91M |
|
367
AerCap
AER
$21.7B
| $65.3M | 0.04% |
558,200
+600
| +0.1% | +$70.2K |
|
368
Coca-Cola Europacific Partners
CCEP
$40.4B
| $64.8M | 0.04% |
698,614
+104,100
| +18% | +$9.65M |
|
369
Pinterest
PINS
$24B
| $64.5M | 0.04% |
1,797,400
+124,200
| +7% | +$4.45M |
|
370
Pultegroup
PHM
$26.7B
| $64.4M | 0.04% |
610,200
+31,700
| +5% | +$3.34M |
|
371
Ulta Beauty
ULTA
$23.1B
| $64.2M | 0.04% |
137,200
+6,400
| +5% | +$2.99M |
|
372
CGI
GIB
$20.7B
| $64M | 0.04% |
611,400
+33,000
| +6% | +$3.45M |
|
373
Amcor
AMCR
$19B
| $63.5M | 0.04% |
6,913,848
+2,837,356
| +70% | +$26.1M |
|
374
Expedia Group
EXPE
$26.7B
| $63M | 0.04% |
373,391
+26,900
| +8% | +$4.54M |
|
375
Waters Corp
WAT
$17.4B
| $62.9M | 0.04% |
180,100
+12,600
| +8% | +$4.4M |
|