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 | |
|---|---|---|---|---|---|---|
451
Evergy
EVRG
$16.5B
| $48.4M | 0.03% |
829,226
-81,800
| -9% | -$4.78M |
|
452
CarMax
KMX
$9.11B
| $47.8M | 0.03% |
571,000
-55,700
| -9% | -$4.66M |
|
453
Lattice Semiconductor
LSCC
$9.05B
| $47.7M | 0.03% |
496,800
+201,000
| +68% | +$19.3M |
|
454
Alliant Energy
LNT
$16.6B
| $47.6M | 0.03% |
906,900
-89,400
| -9% | -$4.69M |
|
455
Carlisle Companies
CSL
$16.9B
| $47.3M | 0.03% |
184,500
-20,800
| -10% | -$5.34M |
|
456
MGM Resorts International
MGM
$9.98B
| $47.3M | 0.03% |
1,077,200
-142,000
| -12% | -$6.24M |
|
457
Trimble
TRMB
$19.2B
| $47.2M | 0.03% |
891,800
-87,000
| -9% | -$4.61M |
|
458
FMC
FMC
$4.72B
| $47.2M | 0.03% |
452,000
-48,000
| -10% | -$5.01M |
|
459
EPAM Systems
EPAM
$9.44B
| $46.8M | 0.03% |
208,300
-20,000
| -9% | -$4.5M |
|
460
Masco
MAS
$15.9B
| $46.7M | 0.03% |
814,000
-81,000
| -9% | -$4.65M |
|
461
Bio-Techne
TECH
$8.46B
| $46.4M | 0.03% |
567,900
-55,100
| -9% | -$4.5M |
|
462
Nordson
NDSN
$12.6B
| $46.2M | 0.03% |
186,100
-17,700
| -9% | -$4.39M |
|
463
Zscaler
ZS
$42.7B
| $46M | 0.03% |
314,400
-28,900
| -8% | -$4.23M |
|
464
Gaming and Leisure Properties
GLPI
$13.7B
| $45.9M | 0.03% |
947,245
-74,800
| -7% | -$3.62M |
|
465
Watsco
WSO
$16.6B
| $45.9M | 0.03% |
120,244
+48,500
| +68% | +$18.5M |
|
466
W.R. Berkley
WRB
$27.3B
| $45.3M | 0.03% |
1,141,613
-122,700
| -10% | -$4.87M |
|
467
Molson Coors Class B
TAP
$9.96B
| $45.1M | 0.03% |
685,500
-67,100
| -9% | -$4.42M |
|
468
Kimco Realty
KIM
$15.4B
| $44.1M | 0.03% |
2,238,466
-216,000
| -9% | -$4.26M |
|
469
Jack Henry & Associates
JKHY
$11.8B
| $44.1M | 0.03% |
263,500
-26,000
| -9% | -$4.35M |
|
470
Celanese
CE
$5.34B
| $44M | 0.03% |
380,200
-50,000
| -12% | -$5.79M |
|
471
Bentley Systems
BSY
$16.3B
| $43.9M | 0.03% |
808,700
+41,700
| +5% | +$2.26M |
|
472
Western Digital
WDC
$31.9B
| $43.7M | 0.03% |
1,525,561
-142,354
| -9% | -$4.08M |
|
473
Hormel Foods
HRL
$14.1B
| $43.7M | 0.03% |
1,085,500
-106,800
| -9% | -$4.3M |
|
474
Check Point Software Technologies
CHKP
$20.7B
| $43.5M | 0.03% |
346,500
-51,100
| -13% | -$6.42M |
|
475
Host Hotels & Resorts
HST
$12B
| $43.4M | 0.03% |
2,576,279
-261,400
| -9% | -$4.4M |
|