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 | |
|---|---|---|---|---|---|---|
526
WIX.com
WIX
$9.3B
| $31.3M | 0.02% |
145,900
-11,900
| -8% | -$2.55M |
|
527
Assurant
AIZ
$10.7B
| $31.2M | 0.02% |
146,300
-7,500
| -5% | -$1.6M |
|
528
Bunge Global
BG
$16.8B
| $31.1M | 0.02% |
400,100
-20,200
| -5% | -$1.57M |
|
529
US Foods
USFD
$17.6B
| $30.8M | 0.02% |
455,955
| – | – |
|
530
SoFi Technologies
SOFI
$31.1B
| $30.7M | 0.02% |
1,991,700
+31,200
| +2% | +$480K |
|
531
Fox Class A
FOXA
$27.8B
| $30.5M | 0.02% |
628,834
-57,200
| -8% | -$2.78M |
|
532
Ovintiv
OVV
$10.6B
| $30.2M | 0.02% |
744,700
-47,700
| -6% | -$1.93M |
|
533
Eastman Chemical
EMN
$7.76B
| $30.1M | 0.02% |
330,100
-19,000
| -5% | -$1.74M |
|
534
Universal Health Services
UHS
$11.8B
| $30.1M | 0.02% |
168,000
-9,500
| -5% | -$1.7M |
|
535
XPO
XPO
$15.4B
| $30M | 0.02% |
228,900
+1,700
| +0.7% | +$223K |
|
536
Flex
FLEX
$21B
| $30M | 0.02% |
780,914
+2,300
| +0.3% | +$88.3K |
|
537
Paycom
PAYC
$12.6B
| $29.9M | 0.02% |
146,000
-5,400
| -4% | -$1.11M |
|
538
Tapestry
TPR
$21.9B
| $29.9M | 0.02% |
457,800
+9,200
| +2% | +$601K |
|
539
Interpublic Group of Companies
IPG
$9.89B
| $29.7M | 0.02% |
1,061,000
-60,300
| -5% | -$1.69M |
|
540
Comfort Systems
FIX
$25.3B
| $29.7M | 0.02% |
70,100
+400
| +0.6% | +$170K |
|
541
GFL Environmental
GFL
$17.2B
| $29.6M | 0.02% |
664,600
+2,700
| +0.4% | +$120K |
|
542
Erie Indemnity
ERIE
$17.6B
| $29.6M | 0.02% |
71,720
-3,400
| -5% | -$1.4M |
|
543
News Corp Class A
NWSA
$16.9B
| $29.5M | 0.02% |
1,071,675
-52,700
| -5% | -$1.45M |
|
544
HEICO
HEI
$44.2B
| $29.5M | 0.02% |
124,000
-6,200
| -5% | -$1.47M |
|
545
Molson Coors Class B
TAP
$9.78B
| $29.4M | 0.02% |
513,400
-38,000
| -7% | -$2.18M |
|
546
Exact Sciences
EXAS
$10.5B
| $29.3M | 0.02% |
521,880
-25,800
| -5% | -$1.45M |
|
547
Qiagen
QGEN
$10.2B
| $29.1M | 0.02% |
633,546
-13,004
| -2% | -$597K |
|
548
Affirm
AFRM
$28.8B
| $29M | 0.02% |
476,400
+12,900
| +3% | +$786K |
|
549
FTAI Aviation
FTAI
$17B
| $29M | 0.02% |
201,092
+5,300
| +3% | +$763K |
|
550
Casey's General Stores
CASY
$19.4B
| $28.9M | 0.02% |
72,987
+500
| +0.7% | +$198K |
|