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 |
Apple
AAPL
|
+$1.44B |
| 2 |
Microsoft
MSFT
|
+$1.16B |
| 3 |
Amazon
AMZN
|
+$797M |
| 4 |
Tesla
TSLA
|
+$537M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$441M |
Top Sells
| 1 |
XLNX
Xilinx Inc
XLNX
|
+$199M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$191M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$62.8M |
| 4 |
Exelon
EXC
|
+$46.4M |
| 5 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
+$43.9M |
Sector Composition
| 1 | Technology | 28.24% |
| 2 | Healthcare | 14.22% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Communication Services | 9.52% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Exact Sciences
EXAS
$10.5B
| $52.2M | 0.03% |
746,417
+92,800
| +14% | +$6.49M |
|
502
Nordson
NDSN
$12.5B
| $51.4M | 0.03% |
226,541
+27,600
| +14% | +$6.27M |
|
503
Cameco
CCJ
$33.7B
| $51.4M | 0.03% |
1,767,800
+202,700
| +13% | +$5.9M |
|
504
Everest Group
EG
$14.3B
| $51.4M | 0.03% |
170,482
+18,800
| +12% | +$5.67M |
|
505
Open Text
OTEX
$8.7B
| $51.1M | 0.03% |
1,207,200
+137,900
| +13% | +$5.84M |
|
506
Booz Allen Hamilton
BAH
$12.7B
| $50.9M | 0.03% |
579,991
+66,200
| +13% | +$5.81M |
|
|
Y
507
DELISTED
Alleghany Corporation
Y
| $50.3M | 0.03% |
59,353
+6,700
| +13% | +$5.67M |
|
508
Yum China
YUMC
$16.2B
| $49.2M | 0.03% |
1,183,248
+141,200
| +14% | +$5.87M |
|
509
Qiagen
QGEN
$10.2B
| $48.9M | 0.03% |
932,917
+95
| +0% | +$4.98K |
|
510
Lincoln National
LNC
$7.88B
| $48.6M | 0.03% |
743,606
+65,000
| +10% | +$4.25M |
|
511
Pinduoduo
PDD
$179B
| $48.5M | 0.03% |
1,209,006
+143,100
| +13% | +$5.74M |
|
512
Elanco Animal Health
ELAN
$9.32B
| $48.1M | 0.03% |
1,844,217
+226,200
| +14% | +$5.9M |
|
513
Snap-on
SNA
$16.8B
| $47.8M | 0.03% |
232,747
+27,500
| +13% | +$5.65M |
|
514
Regency Centers
REG
$13.1B
| $47.6M | 0.03% |
667,329
+86,100
| +15% | +$6.14M |
|
515
Dentsply Sirona
XRAY
$2.77B
| $46.6M | 0.03% |
946,814
+116,000
| +14% | +$5.71M |
|
516
Hasbro
HAS
$11B
| $46.5M | 0.03% |
567,658
+70,500
| +14% | +$5.78M |
|
517
Algonquin Power & Utilities
AQN
$4.31B
| $46.2M | 0.03% |
2,984,700
+341,000
| +13% | +$5.28M |
|
|
MRO
518
DELISTED
Marathon Oil Corporation
MRO
| $46.2M | 0.03% |
1,840,909
+106,200
| +6% | +$2.67M |
|
519
Pultegroup
PHM
$27B
| $45.9M | 0.03% |
1,096,622
+110,200
| +11% | +$4.62M |
|
520
Universal Health Services
UHS
$11.9B
| $45.9M | 0.03% |
316,709
+28,300
| +10% | +$4.1M |
|
521
RPM International
RPM
$16.1B
| $45.8M | 0.03% |
561,868
+68,400
| +14% | +$5.57M |
|
522
Vail Resorts
MTN
$5.48B
| $45.6M | 0.03% |
175,247
+22,100
| +14% | +$5.75M |
|
523
American Financial Group
AFG
$11.5B
| $45.5M | 0.03% |
312,281
+38,400
| +14% | +$5.59M |
|
524
Whirlpool
WHR
$5.24B
| $45.5M | 0.03% |
263,095
+24,700
| +10% | +$4.27M |
|
525
Lucid Motors
LCID
$5.96B
| $45.3M | 0.03% |
178,270
+24,460
| +16% | +$6.21M |
|