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 |
Snowflake
SNOW
|
+$199M |
| 2 |
Amazon
AMZN
|
+$162M |
| 3 |
Analog Devices
ADI
|
+$104M |
| 4 |
Palantir
PLTR
|
+$94.3M |
| 5 |
Tesla
TSLA
|
+$82.7M |
Top Sells
| 1 |
Apple
AAPL
|
+$350M |
| 2 |
Microsoft
MSFT
|
+$261M |
| 3 |
L3Harris
LHX
|
+$185M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
+$166M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$135M |
Sector Composition
| 1 | Technology | 27.74% |
| 2 | Healthcare | 14.18% |
| 3 | Consumer Discretionary | 13.57% |
| 4 | Communication Services | 11.55% |
| 5 | Industrials | 8.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BKI
526
DELISTED
Black Knight, Inc. Common Stock
BKI
| $44.6M | 0.03% |
619,671
-21,000
| -3% | -$1.51M |
|
527
Teva Pharmaceuticals
TEVA
$22.5B
| $44.3M | 0.03% |
4,553,293
-115,000
| -2% | -$1.12M |
|
528
NovoCure
NVCR
$1.38B
| $42.8M | 0.03% |
368,048
-7,800
| -2% | -$906K |
|
529
Universal Health Services
UHS
$11.7B
| $42.7M | 0.03% |
308,709
-9,100
| -3% | -$1.26M |
|
530
10x Genomics
TXG
$1.63B
| $42.7M | 0.03% |
293,224
-5,100
| -2% | -$742K |
|
531
Essential Utilities
WTRG
$10.6B
| $42.6M | 0.03% |
924,586
-26,000
| -3% | -$1.2M |
|
532
Booz Allen Hamilton
BAH
$12.5B
| $42.5M | 0.03% |
535,391
-26,500
| -5% | -$2.1M |
|
533
Lightspeed Commerce
LSPD
$1.59B
| $42.4M | 0.03% |
442,000
+28,000
| +7% | +$2.69M |
|
534
Henry Schein
HSIC
$8.16B
| $42.4M | 0.03% |
556,210
-25,100
| -4% | -$1.91M |
|
|
DISH
535
DELISTED
DISH Network Corp.
DISH
| $42.2M | 0.03% |
970,479
-29,500
| -3% | -$1.28M |
|
536
BILL Holdings
BILL
$5.32B
| $41.7M | 0.03% |
156,100
+1,900
| +1% | +$507K |
|
537
Mohawk Industries
MHK
$8.36B
| $41.6M | 0.03% |
234,462
-8,900
| -4% | -$1.58M |
|
538
Bentley Systems
BSY
$16.1B
| $41.3M | 0.03% |
681,000
-18,800
| -3% | -$1.14M |
|
539
W.R. Berkley
WRB
$27.2B
| $41.2M | 0.03% |
1,267,488
-35,550
| -3% | -$1.16M |
|
540
Liberty Global Class C
LBTYK
$3.99B
| $41.1M | 0.03% |
1,394,931
-90,600
| -6% | -$2.67M |
|
|
VER
541
DELISTED
VEREIT, Inc.
VER
| $41.1M | 0.03% |
908,304
-25,600
| -3% | -$1.16M |
|
|
ONC
542
BeOne Medicines Ltd. American Depositary Shares
ONC
$35.1B
| $41M | 0.03% |
112,985
| – | – |
|
543
BorgWarner
BWA
$9.34B
| $41M | 0.03% |
1,077,546
-29,650
| -3% | -$1.13M |
|
544
Regency Centers
REG
$13.1B
| $40.8M | 0.03% |
606,129
-17,100
| -3% | -$1.15M |
|
545
IAC Inc
IAC
$2.84B
| $40.8M | 0.03% |
381,304
-10,484
| -3% | -$1.12M |
|
546
RPM International
RPM
$16B
| $39.8M | 0.03% |
512,468
-19,200
| -4% | -$1.49M |
|
547
Everest Group
EG
$14.2B
| $39.8M | 0.03% |
158,582
-4,500
| -3% | -$1.13M |
|
548
Lennox International
LII
$19.8B
| $39.6M | 0.03% |
134,705
-3,800
| -3% | -$1.12M |
|
549
NRG Energy
NRG
$31.1B
| $39.6M | 0.03% |
969,157
-30,100
| -3% | -$1.23M |
|
550
Liberty Media Series C
FWONK
$24.7B
| $39.4M | 0.03% |
793,060
-22,340
| -3% | -$1.11M |
|