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 | |
|---|---|---|---|---|---|---|
476
Viatris
VTRS
$12.2B
| $43.1M | 0.03% |
4,321,702
-491,000
| -10% | -$4.9M |
|
477
Domino's
DPZ
$15.7B
| $43.1M | 0.03% |
127,800
-12,300
| -9% | -$4.14M |
|
478
Packaging Corp of America
PKG
$19.8B
| $42.9M | 0.03% |
324,600
-42,600
| -12% | -$5.63M |
|
479
Owens Corning
OC
$13B
| $42.8M | 0.03% |
327,800
-42,200
| -11% | -$5.51M |
|
480
Equity Lifestyle Properties
ELS
$12B
| $42.7M | 0.03% |
638,700
-63,000
| -9% | -$4.21M |
|
481
Incyte
INCY
$16.9B
| $42.6M | 0.03% |
684,400
-66,100
| -9% | -$4.11M |
|
482
Snap
SNAP
$12.4B
| $42.6M | 0.03% |
3,594,300
-708,500
| -16% | -$8.39M |
|
483
Open Text
OTEX
$8.45B
| $42.4M | 0.03% |
1,017,800
-67,500
| -6% | -$2.81M |
|
484
Match Group
MTCH
$9.18B
| $42.2M | 0.03% |
1,008,671
-97,000
| -9% | -$4.06M |
|
485
Loews
L
$20B
| $42.1M | 0.03% |
708,561
-92,400
| -12% | -$5.49M |
|
486
The Mosaic Company
MOS
$10.3B
| $42M | 0.03% |
1,199,200
-151,900
| -11% | -$5.32M |
|
487
Camden Property Trust
CPT
$11.9B
| $41.9M | 0.03% |
385,300
-15,400
| -4% | -$1.68M |
|
488
Royalty Pharma
RPRX
$15.6B
| $41.8M | 0.03% |
1,360,300
-40,100
| -3% | -$1.23M |
|
489
RPM International
RPM
$16.2B
| $41.8M | 0.03% |
465,500
-46,800
| -9% | -$4.2M |
|
490
American Homes 4 Rent
AMH
$12.9B
| $41.6M | 0.03% |
1,173,617
-83,200
| -7% | -$2.95M |
|
491
Leidos
LDOS
$23B
| $41.6M | 0.03% |
470,100
-45,300
| -9% | -$4.01M |
|
492
Seagate
STX
$40B
| $41.5M | 0.03% |
671,200
-107,200
| -14% | -$6.63M |
|
493
BorgWarner
BWA
$9.53B
| $41.3M | 0.03% |
958,879
-96,788
| -9% | -$4.17M |
|
494
Teleflex
TFX
$5.78B
| $41.1M | 0.03% |
169,700
-16,000
| -9% | -$3.87M |
|
495
RB Global
RBA
$21.4B
| $41M | 0.03% |
683,243
-42,200
| -6% | -$2.54M |
|
496
Twilio
TWLO
$16.7B
| $40.8M | 0.03% |
641,600
-51,100
| -7% | -$3.25M |
|
497
NiSource
NI
$19B
| $40.8M | 0.03% |
1,491,300
-116,200
| -7% | -$3.18M |
|
498
Aecom
ACM
$16.8B
| $40.4M | 0.03% |
476,780
-46,200
| -9% | -$3.91M |
|
499
BILL Holdings
BILL
$5.24B
| $40.4M | 0.03% |
345,500
-31,000
| -8% | -$3.62M |
|
500
Dynatrace
DT
$15.1B
| $40.3M | 0.03% |
782,800
-71,800
| -8% | -$3.7M |
|