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 |
Nu Holdings
NU
|
+$91.9M |
| 2 |
SW
Smurfit Westrock plc
SW
|
+$76.1M |
| 3 |
Pinduoduo
PDD
|
+$30.9M |
| 4 |
Microsoft
MSFT
|
+$24.9M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$22.8M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$122M |
| 2 |
Apple
AAPL
|
+$45.4M |
| 3 |
WRK
WestRock Company
WRK
|
+$38.2M |
| 4 |
Danaher
DHR
|
+$29M |
| 5 |
Flutter Entertainment
FLUT
|
+$20.3M |
Sector Composition
| 1 | Technology | 32.64% |
| 2 | Healthcare | 12.18% |
| 3 | Consumer Discretionary | 11.62% |
| 4 | Industrials | 9.2% |
| 5 | Communication Services | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
F5
FFIV
$18.8B
| $38.3M | 0.02% |
174,100
| – | – |
|
502
J.M. Smucker
SJM
$11.7B
| $38.3M | 0.02% |
315,865
+1,500
| +0.5% | +$182K |
|
503
Jack Henry & Associates
JKHY
$11.6B
| $38.1M | 0.02% |
215,700
| – | – |
|
504
Allegion
ALLE
$14.6B
| $37.8M | 0.02% |
259,100
| – | – |
|
505
DocuSign
DOCU
$15.9B
| $37.8M | 0.02% |
608,100
| – | – |
|
|
JNPR
506
DELISTED
Juniper Networks
JNPR
| $37.6M | 0.02% |
964,400
+3,900
| +0.4% | +$152K |
|
507
Regency Centers
REG
$13.1B
| $37.5M | 0.02% |
519,728
| – | – |
|
508
CyberArk
CYBR
$23.6B
| $37.5M | 0.02% |
128,700
+3,100
| +2% | +$904K |
|
509
Equity Lifestyle Properties
ELS
$11.7B
| $37.4M | 0.02% |
524,600
| – | – |
|
510
American Homes 4 Rent
AMH
$12.7B
| $37.4M | 0.02% |
973,917
| – | – |
|
511
Bio-Techne
TECH
$7.93B
| $37.4M | 0.02% |
467,700
+3,600
| +0.8% | +$288K |
|
512
Exact Sciences
EXAS
$10.4B
| $37.3M | 0.02% |
547,680
+12,600
| +2% | +$858K |
|
513
Host Hotels & Resorts
HST
$12.1B
| $36.8M | 0.02% |
2,091,679
+8,700
| +0.4% | +$153K |
|
514
Carvana
CVNA
$50.4B
| $36.2M | 0.02% |
207,900
+13,400
| +7% | +$2.33M |
|
515
Dick's Sporting Goods
DKS
$20.4B
| $35.9M | 0.02% |
172,000
-2,300
| -1% | -$480K |
|
516
CarMax
KMX
$8.88B
| $35.8M | 0.02% |
463,200
-2,800
| -0.6% | -$217K |
|
517
Boston Properties
BXP
$11.7B
| $35.5M | 0.02% |
441,400
| – | – |
|
518
Okta
OKTA
$15.9B
| $35.5M | 0.02% |
477,700
+3,600
| +0.8% | +$268K |
|
519
Interpublic Group of Companies
IPG
$9.51B
| $35.5M | 0.02% |
1,121,300
| – | – |
|
520
Kinross Gold
KGC
$28B
| $34.9M | 0.02% |
3,717,118
+29,400
| +0.8% | +$276K |
|
521
Teleflex
TFX
$5.76B
| $34.5M | 0.02% |
139,300
| – | – |
|
522
Neurocrine Biosciences
NBIX
$14B
| $34.4M | 0.02% |
298,700
+4,100
| +1% | +$472K |
|
523
Crown Holdings
CCK
$11B
| $34.3M | 0.02% |
357,600
| – | – |
|
524
EPAM Systems
EPAM
$8.53B
| $34.2M | 0.02% |
171,600
| – | – |
|
525
HEICO
HEI
$44.1B
| $34M | 0.02% |
130,200
+500
| +0.4% | +$131K |
|