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 |
Visa
V
|
+$55.5M |
| 2 |
Strategy Inc Common Stock Class A
MSTR
|
+$35.4M |
| 3 |
International Paper
IP
|
+$25.3M |
| 4 |
DoorDash
DASH
|
+$21.9M |
| 5 |
Natera
NTRA
|
+$17.1M |
Top Sells
| 1 |
Chevron
CVX
|
+$712M |
| 2 |
Apple
AAPL
|
+$120M |
| 3 |
Interactive Brokers
IBKR
|
+$38.1M |
| 4 |
NVIDIA
NVDA
|
+$24.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$23.8M |
Sector Composition
| 1 | Technology | 31.47% |
| 2 | Healthcare | 11.82% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Communication Services | 9.55% |
| 5 | Industrials | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Lennox International
LII
$19.2B
| $50.7M | 0.04% |
90,400
-200
| -0.2% | -$112K |
|
402
Seagate
STX
$41.7B
| $50.7M | 0.04% |
596,600
+2,000
| +0.3% | +$170K |
|
403
NetApp
NTAP
$24.7B
| $50.4M | 0.04% |
573,400
-5,100
| -0.9% | -$448K |
|
404
Packaging Corp of America
PKG
$19.4B
| $50.2M | 0.04% |
253,300
-500
| -0.2% | -$99K |
|
405
Nutanix
NTNX
$21.4B
| $50.1M | 0.04% |
717,900
+6,400
| +0.9% | +$447K |
|
406
Hubbell
HUBB
$23.6B
| $50.1M | 0.04% |
151,400
-200
| -0.1% | -$66.2K |
|
|
407
Natera
NTRA
$23.3B
| $50M | 0.04% |
353,800
+121,000
| +52% | +$17.1M |
|
408
Watsco
WSO
$15.5B
| $49.9M | 0.04% |
98,244
| – | – |
|
409
Snap-on
SNA
$17.4B
| $49.9M | 0.04% |
148,100
-800
| -0.5% | -$270K |
|
410
Baxter International
BAX
$12.3B
| $49.3M | 0.03% |
1,440,089
-1,200
| -0.1% | -$41.1K |
|
411
Teck Resources
TECK
$20.5B
| $49.2M | 0.03% |
1,348,379
+26,000
| +2% | +$948K |
|
412
ON Semiconductor
ON
$19.7B
| $48.9M | 0.03% |
1,200,900
-9,200
| -0.8% | -$374K |
|
413
Okta
OKTA
$16B
| $48.7M | 0.03% |
462,600
+3,800
| +0.8% | +$400K |
|
414
Leidos
LDOS
$23.7B
| $48.2M | 0.03% |
357,500
-4,000
| -1% | -$540K |
|
415
Teva Pharmaceuticals
TEVA
$22.8B
| $48.1M | 0.03% |
3,130,400
+2,500
| +0.1% | +$38.4K |
|
416
Loews
L
$20.4B
| $48M | 0.03% |
522,061
-5,000
| -0.9% | -$460K |
|
417
Ulta Beauty
ULTA
$23.1B
| $47.9M | 0.03% |
130,800
-2,300
| -2% | -$843K |
|
418
Emcor
EME
$28.4B
| $47.9M | 0.03% |
129,700
-2,100
| -2% | -$776K |
|
419
Deckers Outdoor
DECK
$17.7B
| $47.9M | 0.03% |
428,500
-2,100
| -0.5% | -$235K |
|
420
Fidelity National Financial
FNF
$16.5B
| $47.7M | 0.03% |
733,100
-800
| -0.1% | -$52.1K |
|
421
Expeditors International
EXPD
$16.8B
| $47.5M | 0.03% |
394,900
-3,700
| -0.9% | -$445K |
|
422
Cooper Companies
COO
$13.3B
| $47.5M | 0.03% |
562,900
+300
| +0.1% | +$25.3K |
|
423
Genuine Parts
GPC
$19.7B
| $46.7M | 0.03% |
392,200
-1,300
| -0.3% | -$155K |
|
424
Alliant Energy
LNT
$16.7B
| $46.6M | 0.03% |
723,700
-1,000
| -0.1% | -$64.4K |
|
425
DocuSign
DOCU
$16.2B
| $46.4M | 0.03% |
569,800
-3,600
| -0.6% | -$293K |
|