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 |
Apple
AAPL
|
+$1.44B |
| 2 |
Microsoft
MSFT
|
+$1.16B |
| 3 |
Amazon
AMZN
|
+$797M |
| 4 |
Tesla
TSLA
|
+$537M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$441M |
Top Sells
| 1 |
XLNX
Xilinx Inc
XLNX
|
+$199M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$191M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$62.8M |
| 4 |
Exelon
EXC
|
+$46.4M |
| 5 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
+$43.9M |
Sector Composition
| 1 | Technology | 28.24% |
| 2 | Healthcare | 14.22% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Communication Services | 9.52% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
IAC Inc
IAC
$2.88B
| $34.6M | 0.02% |
420,191
+53,027
| +14% | +$4.36M |
|
577
Cable One
CABO
$922M
| $34.5M | 0.02% |
23,558
+2,900
| +14% | +$4.25M |
|
578
Knight Transportation
KNX
$6.94B
| $34.5M | 0.02% |
682,855
+83,500
| +14% | +$4.21M |
|
579
West Fraser Timber
WFG
$6.01B
| $34.4M | 0.02% |
419,038
+43,200
| +11% | +$3.55M |
|
|
DISCK
580
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $33.9M | 0.02% |
1,358,510
+166,900
| +14% | +$4.17M |
|
|
DISH
581
DELISTED
DISH Network Corp.
DISH
| $33.8M | 0.02% |
1,068,979
+133,800
| +14% | +$4.23M |
|
582
Bentley Systems
BSY
$16.5B
| $33.7M | 0.02% |
762,300
+95,000
| +14% | +$4.2M |
|
583
Rollins
ROL
$27.7B
| $33.6M | 0.02% |
959,082
+117,300
| +14% | +$4.11M |
|
584
NovoCure
NVCR
$1.42B
| $33.5M | 0.02% |
404,748
+50,300
| +14% | +$4.17M |
|
|
LSXMK
585
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $33.5M | 0.02% |
944,472
+115,673
| +14% | +$4.1M |
|
586
Affirm
AFRM
$28.8B
| $33.4M | 0.02% |
721,375
+389,700
| +117% | +$18M |
|
587
Ovintiv
OVV
$10.6B
| $33.4M | 0.02% |
617,307
+42,900
| +7% | +$2.32M |
|
588
Masimo
MASI
$8.08B
| $33.1M | 0.02% |
227,214
+28,400
| +14% | +$4.13M |
|
589
Trip.com Group
TCOM
$47.3B
| $32.9M | 0.02% |
1,422,521
+164,300
| +13% | +$3.8M |
|
590
UGI
UGI
$7.37B
| $32.8M | 0.02% |
906,123
+111,500
| +14% | +$4.04M |
|
591
Kinross Gold
KGC
$27.3B
| $32.7M | 0.02% |
5,567,935
+602,500
| +12% | +$3.53M |
|
592
Western Union
WU
$2.79B
| $32.6M | 0.02% |
1,741,222
+196,700
| +13% | +$3.69M |
|
|
COUP
593
DELISTED
Coupa Software Incorporated
COUP
| $32.6M | 0.02% |
320,791
+41,300
| +15% | +$4.2M |
|
594
DaVita
DVA
$9.77B
| $32.5M | 0.02% |
286,935
+28,000
| +11% | +$3.17M |
|
595
Guidewire Software
GWRE
$21.6B
| $32.4M | 0.02% |
342,733
+42,400
| +14% | +$4.01M |
|
596
Peloton Interactive
PTON
$3.24B
| $32.4M | 0.02% |
1,225,650
+158,900
| +15% | +$4.2M |
|
597
Gildan
GIL
$8.19B
| $32.3M | 0.02% |
861,400
+80,300
| +10% | +$3.01M |
|
598
Credicorp
BAP
$20.9B
| $32.1M | 0.02% |
186,752
+28,300
| +18% | +$4.86M |
|
599
Vornado Realty Trust
VNO
$7.81B
| $32M | 0.02% |
705,670
+86,800
| +14% | +$3.93M |
|
600
Wolfspeed
WOLF
$285M
| $31.3M | 0.02% |
274,741
+19,600
| +8% | +$2.23M |
|