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 | |
|---|---|---|---|---|---|---|
526
Host Hotels & Resorts
HST
$12.1B
| $39M | 0.03% |
2,662,894
-78,300
| -3% | -$1.15M |
|
527
LKQ Corp
LKQ
$8.26B
| $38.5M | 0.03% |
1,092,445
-31,600
| -3% | -$1.11M |
|
528
International Flavors & Fragrances
IFF
$16.5B
| $37.9M | 0.03% |
347,795
-4,600
| -1% | -$501K |
|
529
Fox Class A
FOXA
$28B
| $37.8M | 0.03% |
1,298,125
-35,600
| -3% | -$1.04M |
|
530
Telus
TU
$24.1B
| $37M | 0.03% |
1,868,300
-60,000
| -3% | -$1.19M |
|
531
Lincoln National
LNC
$7.88B
| $36.8M | 0.03% |
731,305
-21,600
| -3% | -$1.09M |
|
532
NiSource
NI
$19.2B
| $36.8M | 0.03% |
1,603,455
-38,600
| -2% | -$885K |
|
533
Globe Life
GL
$11.3B
| $36.4M | 0.03% |
382,850
-11,100
| -3% | -$1.05M |
|
534
BorgWarner
BWA
$9.34B
| $35.7M | 0.03% |
1,048,535
+131,758
| +14% | +$4.48M |
|
535
Lennox International
LII
$19.6B
| $35.7M | 0.03% |
130,176
-3,800
| -3% | -$1.04M |
|
536
Altice USA
ATUS
$1.09B
| $35.4M | 0.03% |
935,680
-267,600
| -22% | -$10.1M |
|
537
DaVita
DVA
$9.46B
| $35.4M | 0.03% |
301,407
-14,000
| -4% | -$1.64M |
|
538
Plug Power
PLUG
$1.66B
| $34.8M | 0.02% |
1,025,588
+290,588
| +40% | +$9.85M |
|
539
Interpublic Group of Companies
IPG
$9.51B
| $34.7M | 0.02% |
1,473,718
-42,900
| -3% | -$1.01M |
|
540
NRG Energy
NRG
$31.2B
| $34.6M | 0.02% |
922,700
-27,400
| -3% | -$1.03M |
|
541
Bunge Global
BG
$16.5B
| $34.6M | 0.02% |
527,403
-25,900
| -5% | -$1.7M |
|
542
Jazz Pharmaceuticals
JAZZ
$7.7B
| $34.6M | 0.02% |
209,555
-5,800
| -3% | -$957K |
|
543
Lumen
LUMN
$6.3B
| $34.4M | 0.02% |
3,526,450
-104,700
| -3% | -$1.02M |
|
544
Snowflake
SNOW
$76.5B
| $34.4M | 0.02% |
122,100
+37,100
| +44% | +$10.4M |
|
545
Lear
LEA
$5.76B
| $34.3M | 0.02% |
215,452
-6,300
| -3% | -$1M |
|
546
Teck Resources
TECK
$19.8B
| $34.3M | 0.02% |
1,886,779
-92,000
| -5% | -$1.67M |
|
547
Liberty Global Class C
LBTYK
$3.99B
| $33.8M | 0.02% |
1,430,669
-91,200
| -6% | -$2.16M |
|
548
Snap-on
SNA
$16.9B
| $33.5M | 0.02% |
195,552
-5,500
| -3% | -$941K |
|
549
Pentair
PNR
$17.9B
| $33.3M | 0.02% |
627,004
-18,100
| -3% | -$961K |
|
550
Aramark
ARMK
$10B
| $33.1M | 0.02% |
1,189,680
-34,210
| -3% | -$950K |
|