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 |
Snowflake
SNOW
|
+$199M |
| 2 |
Amazon
AMZN
|
+$162M |
| 3 |
Analog Devices
ADI
|
+$104M |
| 4 |
Palantir
PLTR
|
+$94.3M |
| 5 |
Tesla
TSLA
|
+$82.7M |
Top Sells
| 1 |
Apple
AAPL
|
+$350M |
| 2 |
Microsoft
MSFT
|
+$261M |
| 3 |
L3Harris
LHX
|
+$185M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
+$166M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$135M |
Sector Composition
| 1 | Technology | 27.74% |
| 2 | Healthcare | 14.18% |
| 3 | Consumer Discretionary | 13.57% |
| 4 | Communication Services | 11.55% |
| 5 | Industrials | 8.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Wheaton Precious Metals
WPM
$47.5B
| $70.2M | 0.04% |
1,875,400
-51,400
| -3% | -$1.93M |
|
402
Restaurant Brands International
QSR
$20.3B
| $70.2M | 0.04% |
1,151,361
-25,900
| -2% | -$1.58M |
|
403
Teleflex
TFX
$5.76B
| $69.8M | 0.04% |
185,275
-5,300
| -3% | -$2M |
|
404
Teladoc Health
TDOC
$1.38B
| $69.7M | 0.04% |
549,877
-1,600
| -0.3% | -$203K |
|
405
Genuine Parts
GPC
$19.3B
| $69.4M | 0.04% |
572,823
-16,200
| -3% | -$1.96M |
|
406
Principal Financial Group
PFG
$17.8B
| $69.3M | 0.04% |
1,075,716
-36,000
| -3% | -$2.32M |
|
407
Cincinnati Financial
CINF
$24B
| $69.1M | 0.04% |
605,239
-20,100
| -3% | -$2.3M |
|
408
Pool Corp
POOL
$12B
| $68.9M | 0.04% |
158,668
-5,400
| -3% | -$2.35M |
|
409
W.W. Grainger
GWW
$47.6B
| $68.9M | 0.04% |
175,178
-6,400
| -4% | -$2.52M |
|
410
Rogers Communications
RCI
$19.2B
| $68.6M | 0.04% |
1,476,700
-42,600
| -3% | -$1.98M |
|
411
Western Digital
WDC
$32.8B
| $68.5M | 0.04% |
1,606,553
-44,453
| -3% | -$1.9M |
|
412
CMS Energy
CMS
$21.2B
| $68.5M | 0.04% |
1,146,017
-31,400
| -3% | -$1.88M |
|
413
Jacobs Solutions
J
$17.2B
| $68.4M | 0.04% |
623,901
-17,167
| -3% | -$1.88M |
|
414
VICI Properties
VICI
$35.3B
| $68.2M | 0.04% |
2,399,466
+210,100
| +10% | +$5.97M |
|
415
Avery Dennison
AVY
$13B
| $68M | 0.04% |
328,187
-10,400
| -3% | -$2.15M |
|
416
Akamai
AKAM
$11.2B
| $67.4M | 0.04% |
644,585
-20,300
| -3% | -$2.12M |
|
417
Seagate
STX
$40.7B
| $67.2M | 0.04% |
814,253
-54,300
| -6% | -$4.48M |
|
418
Celanese
CE
$4.89B
| $67.1M | 0.04% |
445,163
-20,400
| -4% | -$3.07M |
|
419
Coterra Energy
CTRA
$18.2B
| $67M | 0.04% |
3,080,420
+2,198,420
| +249% | +$47.8M |
|
420
MGM Resorts International
MGM
$9.8B
| $66.9M | 0.04% |
1,551,220
-61,300
| -4% | -$2.65M |
|
421
Bath & Body Works
BBWI
$5.82B
| $66M | 0.04% |
1,047,300
-148,879
| -12% | -$9.38M |
|
422
RingCentral
RNG
$2.88B
| $66M | 0.04% |
303,345
-4,100
| -1% | -$892K |
|
423
Bio-Rad Laboratories Class A
BIO
$7.74B
| $65.8M | 0.04% |
88,165
-2,900
| -3% | -$2.16M |
|
424
NVR
NVR
$22.9B
| $65.5M | 0.04% |
13,665
-590
| -4% | -$2.83M |
|
425
Markel Group
MKL
$24.4B
| $65M | 0.04% |
54,418
-1,810
| -3% | -$2.16M |
|