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 |
Viatris
VTRS
|
+$53.9M |
| 2 |
Pinduoduo
PDD
|
+$46.6M |
| 3 |
Cloudflare
NET
|
+$44.2M |
| 4 |
Enphase Energy
ENPH
|
+$42M |
| 5 |
NIO
NIO
|
+$39M |
Top Sells
| 1 |
Apple
AAPL
|
+$385M |
| 2 |
Microsoft
MSFT
|
+$198M |
| 3 |
Amazon
AMZN
|
+$138M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$76.7M |
| 5 |
Meta Platforms (Facebook)
META
|
+$76.7M |
Sector Composition
| 1 | Technology | 26.42% |
| 2 | Healthcare | 14.37% |
| 3 | Consumer Discretionary | 13.81% |
| 4 | Communication Services | 10.63% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Tractor Supply
TSCO
$31B
| $61.7M | 0.04% |
2,194,005
-56,000
| -2% | -$1.57M |
|
402
Healthpeak Properties
DOC
$12.5B
| $61.5M | 0.04% |
2,034,486
-60,400
| -3% | -$1.83M |
|
403
Domino's
DPZ
$15.3B
| $61.5M | 0.04% |
160,264
+8,000
| +5% | +$3.07M |
|
404
Cheniere Energy
LNG
$52.1B
| $61.2M | 0.04% |
1,018,793
-21,900
| -2% | -$1.31M |
|
405
Ingersoll Rand
IR
$31.9B
| $61M | 0.04% |
1,339,736
-38,600
| -3% | -$1.76M |
|
406
Incyte
INCY
$16.8B
| $61M | 0.04% |
701,632
-17,500
| -2% | -$1.52M |
|
407
Steris
STE
$24B
| $60.9M | 0.04% |
321,485
-9,100
| -3% | -$1.72M |
|
408
UDR
UDR
$12.7B
| $60.9M | 0.04% |
1,585,346
-479,133
| -23% | -$18.4M |
|
|
HZNP
409
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $60.9M | 0.04% |
832,056
+416,600
| +100% | +$30.5M |
|
410
Occidental Petroleum
OXY
$45.6B
| $60.8M | 0.04% |
3,512,251
+9,000
| +0.3% | +$156K |
|
411
Nucor
NUE
$32.6B
| $60.7M | 0.04% |
1,140,497
-31,700
| -3% | -$1.69M |
|
412
Revvity
RVTY
$9.58B
| $60.6M | 0.04% |
422,301
-11,300
| -3% | -$1.62M |
|
413
SolarEdge
SEDG
$1.75B
| $60.4M | 0.04% |
189,200
+76,700
| +68% | +$24.5M |
|
|
VAR
414
DELISTED
Varian Medical Systems, Inc.
VAR
| $60.2M | 0.04% |
344,164
-9,300
| -3% | -$1.63M |
|
|
DRE
415
DELISTED
Duke Realty Corp.
DRE
| $60.2M | 0.04% |
1,505,662
-33,100
| -2% | -$1.32M |
|
416
BioMarin Pharmaceuticals
BMRN
$10.5B
| $60.1M | 0.04% |
685,132
-18,800
| -3% | -$1.65M |
|
417
Campbell Soup
CPB
$9.98B
| $59.8M | 0.04% |
1,235,803
-7,400
| -0.6% | -$358K |
|
418
Sun Communities
SUI
$16.1B
| $59.4M | 0.04% |
390,628
-10,500
| -3% | -$1.6M |
|
419
Albemarle
ALB
$8.63B
| $59.3M | 0.04% |
402,007
-11,900
| -3% | -$1.76M |
|
420
Cardinal Health
CAH
$35.6B
| $59.2M | 0.04% |
1,105,081
-31,500
| -3% | -$1.69M |
|
421
AES
AES
$9.06B
| $59.1M | 0.04% |
2,514,093
-74,000
| -3% | -$1.74M |
|
422
Monolithic Power Systems
MPWR
$41B
| $59M | 0.04% |
161,200
+64,900
| +67% | +$23.8M |
|
423
Darden Restaurants
DRI
$24.7B
| $58.6M | 0.04% |
491,539
-14,000
| -3% | -$1.67M |
|
424
CarMax
KMX
$8.88B
| $58.2M | 0.04% |
615,798
-17,400
| -3% | -$1.64M |
|
425
Celanese
CE
$4.84B
| $58.1M | 0.04% |
447,134
-13,100
| -3% | -$1.7M |
|