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 | |
|---|---|---|---|---|---|---|
426
Ulta Beauty
ULTA
$23.1B
| $58.1M | 0.04% |
202,261
-6,000
| -3% | -$1.72M |
|
427
Yum China
YUMC
$16.2B
| $57.9M | 0.04% |
1,014,862
+20,484
| +2% | +$1.17M |
|
428
Waters Corp
WAT
$17.4B
| $57.9M | 0.04% |
234,020
-6,900
| -3% | -$1.71M |
|
429
Hewlett Packard
HPE
$32.2B
| $57.5M | 0.04% |
4,854,624
-132,800
| -3% | -$1.57M |
|
430
Thomson Reuters
TRI
$76.8B
| $57M | 0.04% |
671,201
-31,618
| -4% | -$2.69M |
|
431
Alnylam Pharmaceuticals
ALNY
$61.5B
| $56.9M | 0.04% |
438,024
-8,900
| -2% | -$1.16M |
|
432
IAC Inc
IAC
$2.88B
| $56.9M | 0.04% |
550,426
-14,291
| -3% | -$1.48M |
|
433
IDEX
IEX
$12.1B
| $56.8M | 0.04% |
285,334
-8,100
| -3% | -$1.61M |
|
434
Carvana
CVNA
$50.4B
| $56.5M | 0.04% |
236,000
+94,900
| +67% | +$22.7M |
|
435
Cencora
COR
$57.4B
| $56.5M | 0.04% |
578,184
-15,600
| -3% | -$1.53M |
|
436
Datadog
DDOG
$48.5B
| $56.4M | 0.04% |
573,400
+59,500
| +12% | +$5.86M |
|
437
Pool Corp
POOL
$11.9B
| $56.4M | 0.04% |
151,283
+60,800
| +67% | +$22.6M |
|
438
FMC
FMC
$4.61B
| $56.3M | 0.04% |
489,625
-14,200
| -3% | -$1.63M |
|
439
NovoCure
NVCR
$1.37B
| $56.2M | 0.04% |
324,500
+131,000
| +68% | +$22.7M |
|
440
Fair Isaac
FICO
$36.7B
| $56M | 0.04% |
109,600
-3,300
| -3% | -$1.69M |
|
441
Omnicom Group
OMC
$14.7B
| $56M | 0.04% |
897,521
-20,300
| -2% | -$1.27M |
|
442
Pinnacle West Capital
PNW
$10.5B
| $56M | 0.04% |
699,846
-6,800
| -1% | -$544K |
|
443
MGM Resorts International
MGM
$9.79B
| $55.8M | 0.04% |
1,771,285
-52,500
| -3% | -$1.65M |
|
444
Camden Property Trust
CPT
$11.6B
| $55.7M | 0.04% |
557,113
-6,900
| -1% | -$689K |
|
445
NetApp
NTAP
$24.7B
| $55.5M | 0.04% |
838,316
-22,500
| -3% | -$1.49M |
|
446
Wayfair
W
$11.3B
| $55.4M | 0.04% |
245,237
-5,100
| -2% | -$1.15M |
|
|
HES
447
DELISTED
Hess
HES
| $55.2M | 0.04% |
1,045,016
-31,000
| -3% | -$1.64M |
|
|
ABMD
448
DELISTED
Abiomed Inc
ABMD
| $55.1M | 0.04% |
170,058
-4,800
| -3% | -$1.56M |
|
449
Avantor
AVTR
$8.6B
| $55M | 0.04% |
1,955,300
+188,600
| +11% | +$5.31M |
|
450
Teledyne Technologies
TDY
$25.6B
| $54.5M | 0.04% |
139,100
-3,500
| -2% | -$1.37M |
|