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 |
Berkshire Hathaway Class B
BRK.B
|
$1.6B |
| 2 |
American Express
AXP
|
$398M |
| 3 |
Capital One
COF
|
$151M |
| 4 |
Apollo Global Management
APO
|
$111M |
| 5 |
DFS
Discover Financial Services
DFS
|
$109M |
Top Sells
| 1 |
Apple
AAPL
|
$1.16B |
| 2 |
Microsoft
MSFT
|
$873M |
| 3 |
Amazon
AMZN
|
$403M |
| 4 |
NVIDIA
NVDA
|
$356M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$283M |
Sector Composition
| 1 | Technology | 30.21% |
| 2 | Healthcare | 13.75% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Industrials | 9.23% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
426
Amcor
AMCR
$19.1B
| $53.5M | 0.04% |
5,365,192
-544,200
| -9% | -$5.43M |
|
427
EQT Corp
EQT
$32.2B
| $53.5M | 0.04% |
1,301,359
-8,900
| -0.7% | -$366K |
|
428
Live Nation Entertainment
LYV
$37.9B
| $53.3M | 0.04% |
585,400
-101,900
| -15% | -$9.28M |
|
429
Booz Allen Hamilton
BAH
$12.6B
| $53.3M | 0.04% |
477,900
-46,900
| -9% | -$5.23M |
|
430
Everest Group
EG
$14.3B
| $53M | 0.04% |
154,900
-500
| -0.3% | -$171K |
|
431
Pool Corp
POOL
$12.4B
| $52.9M | 0.04% |
141,083
-13,900
| -9% | -$5.21M |
|
432
Tyson Foods
TSN
$20B
| $52.6M | 0.04% |
1,031,500
-117,800
| -10% | -$6.01M |
|
433
Synchrony
SYF
$28.1B
| $52.5M | 0.04% |
+1,547,043
| New | +$52.5M |
|
434
Graco
GGG
$14.2B
| $52.4M | 0.04% |
606,600
-62,800
| -9% | -$5.42M |
|
435
W.P. Carey
WPC
$14.9B
| $52.2M | 0.04% |
788,672
-54,318
| -6% | -$3.59M |
|
436
Stanley Black & Decker
SWK
$12.1B
| $51.8M | 0.04% |
552,635
-34,500
| -6% | -$3.23M |
|
|
MRO
437
DELISTED
Marathon Oil Corporation
MRO
| $51.8M | 0.04% |
2,249,309
-271,000
| -11% | -$6.24M |
|
438
Cameco
CCJ
$33B
| $51.1M | 0.03% |
1,629,600
-107,500
| -6% | -$3.37M |
|
439
Bunge Global
BG
$16.9B
| $51.1M | 0.03% |
541,400
-53,200
| -9% | -$5.02M |
|
440
Akamai
AKAM
$11.3B
| $50.7M | 0.03% |
564,500
-59,500
| -10% | -$5.35M |
|
441
Avery Dennison
AVY
$13.1B
| $50.3M | 0.03% |
292,900
-28,400
| -9% | -$4.88M |
|
442
Dell
DELL
$84.4B
| $50.3M | 0.03% |
929,508
-96,200
| -9% | -$5.21M |
|
443
Deckers Outdoor
DECK
$17.9B
| $50.2M | 0.03% |
570,600
+228,000
| +67% | +$20.1M |
|
444
Avantor
AVTR
$9.07B
| $50.1M | 0.03% |
2,437,600
-238,200
| -9% | -$4.89M |
|
445
AES
AES
$9.21B
| $50.1M | 0.03% |
2,415,000
-235,800
| -9% | -$4.89M |
|
446
CF Industries
CF
$13.7B
| $49.1M | 0.03% |
707,700
-70,900
| -9% | -$4.92M |
|
447
SS&C Technologies
SSNC
$21.7B
| $49.1M | 0.03% |
810,700
-89,100
| -10% | -$5.4M |
|
448
Coca-Cola Europacific Partners
CCEP
$40.4B
| $48.9M | 0.03% |
759,414
-46,300
| -6% | -$2.98M |
|
449
Axon Enterprise
AXON
$57.2B
| $48.8M | 0.03% |
250,000
-18,500
| -7% | -$3.61M |
|
450
UDR
UDR
$13B
| $48.5M | 0.03% |
1,129,300
-162,700
| -13% | -$6.99M |
|