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 | |
|---|---|---|---|---|---|---|
501
Gen Digital
GEN
$18B
| $44.1M | 0.03% |
2,120,564
-57,500
| -3% | -$1.19M |
|
502
Pultegroup
PHM
$26.7B
| $43.7M | 0.03% |
1,013,763
-30,100
| -3% | -$1.3M |
|
503
JB Hunt Transport Services
JBHT
$13.3B
| $43.6M | 0.03% |
318,980
-9,400
| -3% | -$1.28M |
|
504
Medical Properties Trust
MPW
$2.77B
| $43.5M | 0.03% |
1,998,500
-58,000
| -3% | -$1.26M |
|
|
CXO
505
DELISTED
CONCHO RESOURCES INC.
CXO
| $43.4M | 0.03% |
743,609
-22,000
| -3% | -$1.28M |
|
506
Lamb Weston
LW
$7.79B
| $43.2M | 0.03% |
548,771
-19,700
| -3% | -$1.55M |
|
507
Loews
L
$19.9B
| $43M | 0.03% |
954,939
-31,000
| -3% | -$1.4M |
|
508
Carnival Corp
CCL
$42.5B
| $42.9M | 0.03% |
1,982,319
+115,000
| +6% | +$2.49M |
|
|
WRK
509
DELISTED
WestRock Company
WRK
| $42.7M | 0.03% |
981,052
-28,100
| -3% | -$1.22M |
|
|
Y
510
DELISTED
Alleghany Corporation
Y
| $42.6M | 0.03% |
70,632
-11,690
| -14% | -$7.06M |
|
511
Whirlpool
WHR
$5.24B
| $42.5M | 0.03% |
235,411
-6,500
| -3% | -$1.17M |
|
512
Howmet Aerospace
HWM
$74.1B
| $42.3M | 0.03% |
1,483,695
-44,100
| -3% | -$1.26M |
|
513
Vail Resorts
MTN
$5.37B
| $42.3M | 0.03% |
151,667
-5,000
| -3% | -$1.39M |
|
514
Essential Utilities
WTRG
$10.6B
| $41.6M | 0.03% |
880,200
-25,900
| -3% | -$1.22M |
|
515
Nordson
NDSN
$12.6B
| $41.6M | 0.03% |
207,000
-5,800
| -3% | -$1.17M |
|
516
Wynn Resorts
WYNN
$12.8B
| $41.4M | 0.03% |
366,975
-11,000
| -3% | -$1.24M |
|
517
XPO
XPO
$15.3B
| $41.2M | 0.03% |
998,737
-28,046
| -3% | -$1.16M |
|
518
Advance Auto Parts
AAP
$3.55B
| $41.2M | 0.03% |
261,252
-7,700
| -3% | -$1.21M |
|
519
Cable One
CABO
$893M
| $40.8M | 0.03% |
18,300
-500
| -3% | -$1.11M |
|
520
Teva Pharmaceuticals
TEVA
$22.4B
| $40.7M | 0.03% |
4,222,299
-102,300
| -2% | -$987K |
|
521
Coca-Cola Europacific Partners
CCEP
$40.3B
| $40.6M | 0.03% |
815,727
-7,600
| -0.9% | -$379K |
|
522
Allegion
ALLE
$14.6B
| $40.6M | 0.03% |
348,719
-10,300
| -3% | -$1.2M |
|
523
Guidewire Software
GWRE
$21.3B
| $40.4M | 0.03% |
314,100
-8,500
| -3% | -$1.09M |
|
524
Trip.com Group
TCOM
$47.4B
| $40.2M | 0.03% |
1,191,794
-37,900
| -3% | -$1.28M |
|
525
Algonquin Power & Utilities
AQN
$4.3B
| $39.1M | 0.03% |
2,372,800
-101,300
| -4% | -$1.67M |
|