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 |
NVIDIA
NVDA
|
+$757M |
| 2 |
Microsoft
MSFT
|
+$725M |
| 3 |
Apple
AAPL
|
+$628M |
| 4 |
Amazon
AMZN
|
+$487M |
| 5 |
Meta Platforms (Facebook)
META
|
+$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
+$121M |
| 2 |
KE Holdings
BEKE
|
+$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
+$24.4M |
| 4 |
X
US Steel
X
|
+$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
551
Snap
SNAP
$11.9B
| $28.5M | 0.02% |
3,274,300
+264,500
| +9% | +$2.3M |
|
552
XPO
XPO
$15.3B
| $28.4M | 0.02% |
224,900
-600
| -0.3% | -$75.8K |
|
553
Woodward
WWD
$14.3B
| $27.8M | 0.02% |
113,400
-1,700
| -1% | -$417K |
|
554
Avantor
AVTR
$8.6B
| $27.8M | 0.02% |
2,062,800
+143,100
| +7% | +$1.93M |
|
555
Hormel Foods
HRL
$13.7B
| $27.7M | 0.02% |
915,700
+63,700
| +7% | +$1.93M |
|
556
TechnipFMC
FTI
$16.8B
| $27.7M | 0.02% |
803,600
-20,700
| -3% | -$713K |
|
557
Duolingo
DUOL
$13.1B
| $27.5M | 0.02% |
67,100
+1,000
| +2% | +$410K |
|
558
BJs Wholesale Club
BJ
$12.8B
| $27.1M | 0.02% |
251,600
-4,300
| -2% | -$464K |
|
559
Credo Technology Group
CRDO
$28.4B
| $27M | 0.02% |
292,016
+16,600
| +6% | +$1.54M |
|
560
CAE Inc
CAE
$8.44B
| $27M | 0.02% |
923,200
+16,400
| +2% | +$479K |
|
561
Corebridge Financial
CRBG
$17.9B
| $26.9M | 0.02% |
757,365
+40,300
| +6% | +$1.43M |
|
562
Erie Indemnity
ERIE
$17.3B
| $26.7M | 0.02% |
76,920
+5,300
| +7% | +$1.84M |
|
563
East-West Bancorp
EWBC
$14.9B
| $26.6M | 0.02% |
263,300
-5,300
| -2% | -$535K |
|
564
Rocket Lab Corporation Common Stock
RKLB
$22.3B
| $26.5M | 0.02% |
741,800
+89,400
| +14% | +$3.2M |
|
565
WIX.com
WIX
$9.13B
| $26.4M | 0.02% |
166,800
+19,100
| +13% | +$3.03M |
|
566
Coherent
COHR
$16.1B
| $26.4M | 0.02% |
296,166
-3,500
| -1% | -$312K |
|
567
Carpenter Technology
CRS
$12.3B
| $26.4M | 0.02% |
95,400
+3,600
| +4% | +$995K |
|
568
Descartes Systems
DSGX
$9.1B
| $26.3M | 0.02% |
260,124
+16,700
| +7% | +$1.69M |
|
569
Bentley Systems
BSY
$16B
| $26.2M | 0.02% |
485,400
+35,800
| +8% | +$1.93M |
|
570
Performance Food Group
PFGC
$16.3B
| $26.1M | 0.02% |
298,560
-3,300
| -1% | -$289K |
|
571
Molson Coors Class B
TAP
$9.7B
| $25.9M | 0.02% |
537,600
+27,900
| +5% | +$1.34M |
|
572
Unum
UNM
$12.6B
| $25.8M | 0.02% |
319,900
-16,200
| -5% | -$1.31M |
|
573
American Financial Group
AFG
$11.4B
| $25.6M | 0.02% |
202,600
+1,400
| +0.7% | +$177K |
|
574
BWX Technologies
BWXT
$15.2B
| $25.1M | 0.02% |
174,500
-2,600
| -1% | -$375K |
|
575
Reinsurance Group of America
RGA
$12.7B
| $25M | 0.02% |
126,200
-1,400
| -1% | -$278K |
|