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 | |
|---|---|---|---|---|---|---|
526
Magna International
MGA
$13.2B
| $33.9M | 0.02% |
825,400
+6,500
| +0.8% | +$267K |
|
527
TFI International
TFII
$7.89B
| $33.3M | 0.02% |
243,000
+2,300
| +1% | +$316K |
|
528
Fortune Brands Innovations
FBIN
$7.21B
| $33.3M | 0.02% |
371,500
| – | – |
|
529
Snap
SNAP
$12.2B
| $33.2M | 0.02% |
3,098,200
-2,700
| -0.1% | -$28.9K |
|
530
Albemarle
ALB
$8.85B
| $33M | 0.02% |
348,006
| – | – |
|
|
CTLT
531
DELISTED
CATALENT, INC.
CTLT
| $32.5M | 0.02% |
535,800
| – | – |
|
532
Royalty Pharma
RPRX
$15.7B
| $32.3M | 0.02% |
1,140,600
+17,000
| +2% | +$481K |
|
533
A.O. Smith
AOS
$10.4B
| $32.3M | 0.02% |
359,200
| – | – |
|
534
Incyte
INCY
$16.9B
| $31.9M | 0.02% |
483,274
+4,500
| +0.9% | +$297K |
|
535
Molson Coors Class B
TAP
$9.7B
| $31.7M | 0.02% |
551,400
| – | – |
|
536
Tenet Healthcare
THC
$17.1B
| $31.7M | 0.02% |
190,800
+15,200
| +9% | +$2.53M |
|
537
LKQ Corp
LKQ
$8.4B
| $31.5M | 0.02% |
789,800
| – | – |
|
538
Twilio
TWLO
$16B
| $31.5M | 0.02% |
482,600
-29,400
| -6% | -$1.92M |
|
|
EXE
539
Expand Energy Corporation Common Stock
EXE
$22.9B
| $31.3M | 0.02% |
380,400
+51,200
| +16% | +$4.21M |
|
540
Huntington Ingalls Industries
HII
$10.8B
| $31M | 0.02% |
117,200
| – | – |
|
541
Toll Brothers
TOL
$14.2B
| $31M | 0.02% |
200,500
-4,500
| -2% | -$695K |
|
542
monday.com
MNDY
$9.8B
| $30.9M | 0.02% |
111,400
+2,400
| +2% | +$667K |
|
543
Assurant
AIZ
$10.7B
| $30.6M | 0.02% |
153,800
| – | – |
|
544
Toast
TOST
$23.7B
| $30.5M | 0.02% |
1,075,600
+40,600
| +4% | +$1.15M |
|
545
Solventum
SOLV
$12.7B
| $30.4M | 0.02% |
435,709
+3,000
| +0.7% | +$209K |
|
546
Ovintiv
OVV
$10.8B
| $30.4M | 0.02% |
792,400
-4,000
| -0.5% | -$153K |
|
547
Charles River Laboratories
CRL
$7.69B
| $30.1M | 0.02% |
152,800
+700
| +0.5% | +$138K |
|
548
Qiagen
QGEN
$9.94B
| $30.1M | 0.02% |
646,550
+4,696
| +0.7% | +$218K |
|
549
News Corp Class A
NWSA
$16.3B
| $29.9M | 0.02% |
1,124,375
+10,900
| +1% | +$290K |
|
550
Zillow
Z
$21.4B
| $29.8M | 0.02% |
466,834
+3,300
| +0.7% | +$211K |
|