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 | 9.22% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Healthpeak Properties
DOC
$12.8B
| $39.7M | 0.03% |
1,975,200
-158,000
| -7% | -$3.18M |
|
502
C.H. Robinson
CHRW
$14.9B
| $39.7M | 0.03% |
420,600
-46,600
| -10% | -$4.4M |
|
503
Caesars Entertainment
CZR
$5.48B
| $39.6M | 0.03% |
777,000
-74,500
| -9% | -$3.8M |
|
504
GoDaddy
GDDY
$20.1B
| $39.6M | 0.03% |
526,600
-88,600
| -14% | -$6.66M |
|
505
Imperial Oil
IMO
$44.4B
| $39.4M | 0.03% |
769,488
-80,700
| -9% | -$4.13M |
|
506
Wynn Resorts
WYNN
$12.6B
| $39M | 0.03% |
369,500
-57,700
| -14% | -$6.09M |
|
507
AerCap
AER
$22B
| $38.9M | 0.03% |
612,700
-37,200
| -6% | -$2.36M |
|
508
Charles River Laboratories
CRL
$8.07B
| $38.9M | 0.03% |
184,900
-16,900
| -8% | -$3.55M |
|
509
Rivian
RIVN
$17.2B
| $38.7M | 0.03% |
2,323,600
+1,058,500
| +84% | +$17.6M |
|
510
Okta
OKTA
$16.1B
| $38.6M | 0.03% |
556,100
-45,000
| -7% | -$3.12M |
|
511
Gen Digital
GEN
$18.2B
| $38.5M | 0.03% |
2,077,175
-249,200
| -11% | -$4.62M |
|
512
Pentair
PNR
$18.1B
| $38.5M | 0.03% |
595,587
-55,500
| -9% | -$3.59M |
|
513
Henry Schein
HSIC
$8.42B
| $38.4M | 0.03% |
473,900
-64,100
| -12% | -$5.2M |
|
514
APA Corp
APA
$8.14B
| $38.4M | 0.03% |
1,123,100
-152,900
| -12% | -$5.22M |
|
515
Toro Company
TTC
$7.99B
| $38.3M | 0.03% |
376,500
-36,600
| -9% | -$3.72M |
|
516
International Paper
IP
$25.7B
| $38.1M | 0.03% |
1,198,500
-142,300
| -11% | -$4.53M |
|
517
Rollins
ROL
$27.4B
| $38.1M | 0.03% |
889,700
+12,500
| +1% | +$535K |
|
518
Etsy
ETSY
$5.36B
| $38.1M | 0.03% |
450,100
-48,700
| -10% | -$4.12M |
|
519
Allegion
ALLE
$14.8B
| $38.1M | 0.03% |
317,300
-30,400
| -9% | -$3.65M |
|
520
Qiagen
QGEN
$10.3B
| $37.8M | 0.03% |
792,895
-48,625
| -6% | -$2.32M |
|
521
Crown Holdings
CCK
$11B
| $37.7M | 0.03% |
433,700
-41,100
| -9% | -$3.57M |
|
522
Lennox International
LII
$20.3B
| $37.6M | 0.03% |
115,400
-10,900
| -9% | -$3.55M |
|
523
HEICO Class A
HEI.A
$35.1B
| $37.6M | 0.03% |
267,295
-25,100
| -9% | -$3.53M |
|
524
DocuSign
DOCU
$16.1B
| $37.2M | 0.03% |
729,100
-67,700
| -8% | -$3.46M |
|
525
Burlington
BURL
$18.4B
| $36.9M | 0.03% |
234,500
-24,000
| -9% | -$3.78M |
|