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 | |
|---|---|---|---|---|---|---|
551
Cable One
CABO
$893M
| $38.9M | 0.02% |
21,458
-700
| -3% | -$1.27M |
|
552
Trip.com Group
TCOM
$47.4B
| $38.1M | 0.02% |
1,239,821
| – | – |
|
553
Assurant
AIZ
$10.6B
| $37.8M | 0.02% |
239,444
+3,300
| +1% | +$521K |
|
554
Entegris
ENTG
$12B
| $37.7M | 0.02% |
299,400
+2,000
| +0.7% | +$252K |
|
555
NiSource
NI
$19.2B
| $37.7M | 0.02% |
1,554,055
-43,700
| -3% | -$1.06M |
|
556
Guidewire Software
GWRE
$21.3B
| $37.5M | 0.02% |
315,533
-8,900
| -3% | -$1.06M |
|
557
Lear
LEA
$5.76B
| $37.3M | 0.02% |
238,462
-6,700
| -3% | -$1.05M |
|
558
Algonquin Power & Utilities
AQN
$4.3B
| $37.2M | 0.02% |
2,549,600
-10,200
| -0.4% | -$149K |
|
559
Dropbox
DBX
$8.29B
| $36.7M | 0.02% |
1,257,630
-34,700
| -3% | -$1.01M |
|
|
ATH
560
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $36.6M | 0.02% |
531,942
-14,900
| -3% | -$1.03M |
|
561
News Corp Class A
NWSA
$16.2B
| $36.5M | 0.02% |
1,551,832
-47,900
| -3% | -$1.13M |
|
562
CAE Inc
CAE
$8.44B
| $36.3M | 0.02% |
1,222,200
+9,900
| +0.8% | +$294K |
|
563
Diamondback Energy
FANG
$40.4B
| $36M | 0.02% |
380,000
+1,400
| +0.4% | +$133K |
|
564
American Financial Group
AFG
$11.4B
| $36M | 0.02% |
285,881
-14,000
| -5% | -$1.76M |
|
|
JNPR
565
DELISTED
Juniper Networks
JNPR
| $35.9M | 0.02% |
1,302,900
-36,600
| -3% | -$1.01M |
|
566
Cameco
CCJ
$34.6B
| $35.8M | 0.02% |
1,656,900
-41,600
| -2% | -$899K |
|
567
Neurocrine Biosciences
NBIX
$14B
| $35.8M | 0.02% |
372,927
-10,100
| -3% | -$969K |
|
568
Lamb Weston
LW
$7.79B
| $35.6M | 0.02% |
580,754
-16,300
| -3% | -$1M |
|
569
Owens Corning
OC
$12.8B
| $35.3M | 0.02% |
413,128
-14,700
| -3% | -$1.26M |
|
570
UGI
UGI
$7.38B
| $35.3M | 0.02% |
827,523
-25,200
| -3% | -$1.07M |
|
571
Bausch Health
BHC
$2.64B
| $35.2M | 0.02% |
1,269,460
-26,300
| -2% | -$730K |
|
572
Quanta Services
PWR
$58.1B
| $35M | 0.02% |
307,935
+1,900
| +0.6% | +$216K |
|
573
Molson Coors Class B
TAP
$9.7B
| $35M | 0.02% |
755,273
-23,300
| -3% | -$1.08M |
|
574
Wynn Resorts
WYNN
$12.8B
| $35M | 0.02% |
412,745
-11,300
| -3% | -$958K |
|
|
NUAN
575
DELISTED
Nuance Communications, Inc.
NUAN
| $34.8M | 0.02% |
632,100
+3,800
| +0.6% | +$209K |
|