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 | |
|---|---|---|---|---|---|---|
376
Eversource Energy
ES
$23.3B
| $58M | 0.04% |
1,009,533
-36,000
| -3% | -$2.07M |
|
377
Ulta Beauty
ULTA
$23.3B
| $57.9M | 0.04% |
133,100
-8,500
| -6% | -$3.7M |
|
378
Weyerhaeuser
WY
$18.7B
| $57.8M | 0.04% |
2,054,633
-109,300
| -5% | -$3.08M |
|
379
Devon Energy
DVN
$21.8B
| $57.8M | 0.04% |
1,766,639
-96,100
| -5% | -$3.15M |
|
|
EXE
380
Expand Energy Corporation Common Stock
EXE
$22.5B
| $57.4M | 0.04% |
576,956
+196,556
| +52% | +$19.6M |
|
381
Zoom
ZM
$25.5B
| $57.4M | 0.04% |
703,500
-39,800
| -5% | -$3.25M |
|
382
Steris
STE
$24.5B
| $57.3M | 0.04% |
278,560
-14,800
| -5% | -$3.04M |
|
383
Packaging Corp of America
PKG
$19.4B
| $57.1M | 0.04% |
253,800
-12,700
| -5% | -$2.86M |
|
384
Clorox
CLX
$15.4B
| $56.7M | 0.04% |
349,300
-19,300
| -5% | -$3.13M |
|
385
Zebra Technologies
ZBRA
$16B
| $56.3M | 0.04% |
145,800
-6,800
| -4% | -$2.63M |
|
386
CMS Energy
CMS
$21.2B
| $56.3M | 0.04% |
844,000
-42,400
| -5% | -$2.83M |
|
387
Liberty Media Series C
FWONK
$25.5B
| $55.2M | 0.04% |
596,000
-21,200
| -3% | -$1.96M |
|
388
Lennox International
LII
$20.4B
| $55.2M | 0.04% |
90,600
-4,500
| -5% | -$2.74M |
|
389
AerCap
AER
$21.9B
| $54.6M | 0.04% |
570,700
-10,800
| -2% | -$1.03M |
|
390
LyondellBasell Industries
LYB
$17.5B
| $54.6M | 0.04% |
734,700
-38,400
| -5% | -$2.85M |
|
391
Labcorp
LH
$23B
| $54.4M | 0.04% |
237,220
-13,000
| -5% | -$2.98M |
|
392
McCormick & Company Non-Voting
MKC
$18.8B
| $54.3M | 0.04% |
712,500
-35,400
| -5% | -$2.7M |
|
393
Pure Storage
PSTG
$26B
| $54M | 0.04% |
879,400
-37,600
| -4% | -$2.31M |
|
394
Teck Resources
TECK
$17.2B
| $53.6M | 0.04% |
1,322,379
-69,200
| -5% | -$2.8M |
|
395
Las Vegas Sands
LVS
$37.1B
| $53.4M | 0.04% |
1,040,200
-62,700
| -6% | -$3.22M |
|
396
Coterra Energy
CTRA
$18.2B
| $53.3M | 0.04% |
2,088,420
-120,600
| -5% | -$3.08M |
|
397
NRG Energy
NRG
$29.5B
| $52.6M | 0.04% |
583,100
-35,700
| -6% | -$3.22M |
|
398
Invitation Homes
INVH
$18.5B
| $52.6M | 0.04% |
1,644,016
-173,800
| -10% | -$5.56M |
|
399
Leidos
LDOS
$22.9B
| $52.1M | 0.03% |
361,500
-19,800
| -5% | -$2.85M |
|
400
Essex Property Trust
ESS
$17.1B
| $51.8M | 0.03% |
181,452
-9,100
| -5% | -$2.6M |
|