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 |
Spotify
SPOT
|
+$189M |
| 2 |
Boeing
BA
|
+$57.2M |
| 3 |
Carvana
CVNA
|
+$23.2M |
| 4 |
ConocoPhillips
COP
|
+$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
+$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$500M |
| 2 |
Microsoft
MSFT
|
+$426M |
| 3 |
Amazon
AMZN
|
+$245M |
| 4 |
Meta Platforms (Facebook)
META
|
+$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
501
Regency Centers
REG
$13.1B
| $36M | 0.02% |
487,028
-32,700
| -6% | -$2.42M |
|
502
CarMax
KMX
$9.21B
| $35.8M | 0.02% |
437,600
-25,600
| -6% | -$2.09M |
|
503
BioMarin Pharmaceuticals
BMRN
$10.7B
| $35.3M | 0.02% |
537,800
-25,800
| -5% | -$1.7M |
|
504
Camden Property Trust
CPT
$11.9B
| $35M | 0.02% |
301,200
-15,400
| -5% | -$1.79M |
|
505
Stanley Black & Decker
SWK
$11.9B
| $34.9M | 0.02% |
434,935
-21,700
| -5% | -$1.74M |
|
|
JNPR
506
DELISTED
Juniper Networks
JNPR
| $34.8M | 0.02% |
929,900
-34,500
| -4% | -$1.29M |
|
507
American Homes 4 Rent
AMH
$12.8B
| $34.8M | 0.02% |
930,117
-43,800
| -4% | -$1.64M |
|
508
Host Hotels & Resorts
HST
$12B
| $34.8M | 0.02% |
1,984,379
-107,300
| -5% | -$1.88M |
|
509
C.H. Robinson
CHRW
$14.9B
| $34.2M | 0.02% |
331,300
-16,300
| -5% | -$1.68M |
|
510
W.P. Carey
WPC
$14.8B
| $33.7M | 0.02% |
618,251
-31,200
| -5% | -$1.7M |
|
511
Equity Lifestyle Properties
ELS
$11.9B
| $33.3M | 0.02% |
500,500
-24,100
| -5% | -$1.61M |
|
512
Kinross Gold
KGC
$27.3B
| $33.1M | 0.02% |
3,567,818
-149,300
| -4% | -$1.39M |
|
513
J.M. Smucker
SJM
$11.8B
| $33.1M | 0.02% |
300,565
-15,300
| -5% | -$1.68M |
|
514
Magna International
MGA
$13B
| $33.1M | 0.02% |
792,200
-33,200
| -4% | -$1.39M |
|
515
Imperial Oil
IMO
$45.6B
| $32.8M | 0.02% |
531,876
-35,300
| -6% | -$2.17M |
|
516
Dayforce
DAY
$10.9B
| $32.4M | 0.02% |
446,600
-22,000
| -5% | -$1.6M |
|
517
Bio-Techne
TECH
$8.43B
| $32.3M | 0.02% |
448,100
-19,600
| -4% | -$1.41M |
|
518
Allegion
ALLE
$14.6B
| $32.2M | 0.02% |
246,200
-12,900
| -5% | -$1.69M |
|
519
Zillow
Z
$21.1B
| $32.1M | 0.02% |
434,134
-32,700
| -7% | -$2.42M |
|
520
Nordson
NDSN
$12.5B
| $32.1M | 0.02% |
153,500
-8,000
| -5% | -$1.67M |
|
521
Snap
SNAP
$12.3B
| $32.1M | 0.02% |
2,977,500
-120,700
| -4% | -$1.3M |
|
522
Rogers Communications
RCI
$19.2B
| $32M | 0.02% |
1,040,600
-39,400
| -4% | -$1.21M |
|
523
Incyte
INCY
$16.7B
| $31.9M | 0.02% |
462,474
-20,800
| -4% | -$1.44M |
|
524
Boston Properties
BXP
$11.5B
| $31.5M | 0.02% |
423,800
-17,600
| -4% | -$1.31M |
|
525
TFI International
TFII
$7.68B
| $31.5M | 0.02% |
233,300
-9,700
| -4% | -$1.31M |
|