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 | |
|---|---|---|---|---|---|---|
401
Cooper Companies
COO
$13.7B
| $51.7M | 0.03% |
562,600
-28,300
| -5% | -$2.6M |
|
402
Insulet
PODD
$24.6B
| $51.7M | 0.03% |
198,100
-9,200
| -4% | -$2.4M |
|
403
DocuSign
DOCU
$16.4B
| $51.6M | 0.03% |
573,400
-34,700
| -6% | -$3.12M |
|
404
VeriSign
VRSN
$26.4B
| $51.4M | 0.03% |
248,200
-17,900
| -7% | -$3.7M |
|
405
Seagate
STX
$40.2B
| $51.3M | 0.03% |
594,600
+2,600
| +0.4% | +$224K |
|
406
Burlington
BURL
$18.3B
| $51.3M | 0.03% |
179,800
-9,600
| -5% | -$2.74M |
|
407
Mid-America Apartment Communities
MAA
$16.9B
| $51M | 0.03% |
330,076
-16,600
| -5% | -$2.57M |
|
408
TransUnion
TRU
$18.2B
| $50.9M | 0.03% |
548,900
-27,500
| -5% | -$2.55M |
|
409
First Solar
FSLR
$21.8B
| $50.7M | 0.03% |
287,400
-14,400
| -5% | -$2.54M |
|
410
Principal Financial Group
PFG
$17.8B
| $50.6M | 0.03% |
654,200
-41,700
| -6% | -$3.23M |
|
411
Snap-on
SNA
$17.1B
| $50.5M | 0.03% |
148,900
-7,200
| -5% | -$2.44M |
|
412
W.R. Berkley
WRB
$27.5B
| $50.3M | 0.03% |
860,062
-51,000
| -6% | -$2.98M |
|
413
International Paper
IP
$25B
| $50.2M | 0.03% |
932,300
-46,700
| -5% | -$2.51M |
|
414
Pinterest
PINS
$25.8B
| $49.4M | 0.03% |
1,705,100
-73,900
| -4% | -$2.14M |
|
415
Best Buy
BBY
$16.3B
| $49.4M | 0.03% |
576,300
-32,000
| -5% | -$2.75M |
|
416
Estee Lauder
EL
$32B
| $49.4M | 0.03% |
659,400
-32,200
| -5% | -$2.41M |
|
417
Trimble
TRMB
$19.3B
| $48.7M | 0.03% |
689,900
-33,200
| -5% | -$2.35M |
|
418
MongoDB
MDB
$26.3B
| $48.6M | 0.03% |
208,700
-9,000
| -4% | -$2.1M |
|
419
RB Global
RBA
$21.5B
| $48.3M | 0.03% |
534,943
-20,600
| -4% | -$1.86M |
|
420
Carlisle Companies
CSL
$16.8B
| $48.2M | 0.03% |
130,700
-10,800
| -8% | -$3.98M |
|
421
Molina Healthcare
MOH
$9.51B
| $48.2M | 0.03% |
165,600
-8,300
| -5% | -$2.42M |
|
422
Omnicom Group
OMC
$15.3B
| $47.6M | 0.03% |
552,700
-28,500
| -5% | -$2.45M |
|
423
Quest Diagnostics
DGX
$20.5B
| $47.4M | 0.03% |
314,400
-15,400
| -5% | -$2.32M |
|
424
Hologic
HOLX
$14.8B
| $47.3M | 0.03% |
656,240
-36,500
| -5% | -$2.63M |
|
425
Ball Corp
BALL
$13.9B
| $47.3M | 0.03% |
857,688
-63,500
| -7% | -$3.5M |
|