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 |
L3Harris
LHX
|
$148M |
| 2 |
GE HealthCare
GEHC
|
$118M |
| 3 |
Atlassian
TEAM
|
$101M |
| 4 |
Axon Enterprise
AXON
|
$23.7M |
| 5 |
Reliance Steel & Aluminium
RS
|
$22.4M |
Top Sells
| 1 |
Apple
AAPL
|
$360M |
| 2 |
Microsoft
MSFT
|
$199M |
| 3 |
GE Aerospace
GE
|
$131M |
| 4 |
NVIDIA
NVDA
|
$99.2M |
| 5 |
Amazon
AMZN
|
$85.4M |
Sector Composition
| 1 | Technology | 28.64% |
| 2 | Healthcare | 14.81% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Industrials | 9.44% |
| 5 | Communication Services | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Etsy
ETSY
$5.74B
| $55.5M | 0.04% |
498,800
-15,000
| -3% | -$1.67M |
|
427
Trip.com Group
TCOM
$47.3B
| $55.5M | 0.04% |
1,473,421
+17,400
| +1% | +$655K |
|
428
NetApp
NTAP
$23.9B
| $55.1M | 0.04% |
862,700
-30,300
| -3% | -$1.93M |
|
429
Brown & Brown
BRO
$31.4B
| $54.9M | 0.04% |
955,500
-20,200
| -2% | -$1.16M |
|
430
Incyte
INCY
$16.9B
| $54.2M | 0.04% |
750,500
-17,900
| -2% | -$1.29M |
|
431
MGM Resorts International
MGM
$9.93B
| $54.2M | 0.04% |
1,219,200
-59,000
| -5% | -$2.62M |
|
|
PARA
432
DELISTED
Paramount Global Class B
PARA
| $53.9M | 0.04% |
2,414,788
-58,000
| -2% | -$1.29M |
|
433
Essex Property Trust
ESS
$17.1B
| $53.8M | 0.04% |
257,052
-7,700
| -3% | -$1.61M |
|
434
Gaming and Leisure Properties
GLPI
$13.6B
| $53.2M | 0.04% |
1,022,045
-20,900
| -2% | -$1.09M |
|
435
Alliant Energy
LNT
$16.5B
| $53.2M | 0.04% |
996,300
-23,600
| -2% | -$1.26M |
|
436
Pool Corp
POOL
$12.4B
| $53.1M | 0.04% |
154,983
-5,900
| -4% | -$2.02M |
|
437
UDR
UDR
$12.8B
| $53M | 0.04% |
1,292,000
-28,600
| -2% | -$1.17M |
|
438
Pultegroup
PHM
$27.8B
| $52.7M | 0.04% |
904,200
-36,700
| -4% | -$2.14M |
|
439
W.R. Berkley
WRB
$27.4B
| $52.5M | 0.04% |
1,264,313
-29,400
| -2% | -$1.22M |
|
440
Burlington
BURL
$18.4B
| $52.2M | 0.04% |
258,500
-8,400
| -3% | -$1.7M |
|
441
Snap-on
SNA
$17.2B
| $52.1M | 0.04% |
211,000
-5,500
| -3% | -$1.36M |
|
442
Hubbell
HUBB
$23.1B
| $51.9M | 0.04% |
213,200
-4,900
| -2% | -$1.19M |
|
443
Okta
OKTA
$16.2B
| $51.8M | 0.04% |
601,100
-11,800
| -2% | -$1.02M |
|
444
Check Point Software Technologies
CHKP
$21B
| $51.7M | 0.04% |
397,600
-9,800
| -2% | -$1.27M |
|
445
Seagate
STX
$40.4B
| $51.5M | 0.04% |
778,400
-27,600
| -3% | -$1.82M |
|
446
Trimble
TRMB
$19.2B
| $51.3M | 0.04% |
978,800
-27,800
| -3% | -$1.46M |
|
447
Packaging Corp of America
PKG
$19.4B
| $51M | 0.03% |
367,200
-13,800
| -4% | -$1.92M |
|
448
SS&C Technologies
SSNC
$21.7B
| $50.8M | 0.03% |
899,800
-33,100
| -4% | -$1.87M |
|
449
Royalty Pharma
RPRX
$15.4B
| $50.5M | 0.03% |
1,400,400
-20,900
| -1% | -$753K |
|
450
Graco
GGG
$14.3B
| $48.9M | 0.03% |
669,400
+261,000
| +64% | +$19.1M |
|