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 |
Berkshire Hathaway Class B
BRK.B
|
+$1.6B |
| 2 |
American Express
AXP
|
+$398M |
| 3 |
Capital One
COF
|
+$151M |
| 4 |
Apollo Global Management
APO
|
+$111M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$109M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.16B |
| 2 |
Microsoft
MSFT
|
+$873M |
| 3 |
Amazon
AMZN
|
+$403M |
| 4 |
NVIDIA
NVDA
|
+$356M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$283M |
Sector Composition
| 1 | Technology | 30.21% |
| 2 | Healthcare | 13.75% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Industrials | 9.22% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
576
Robert Half
RHI
$3.68B
| $29.2M | 0.02% |
387,700
-41,800
| -10% | -$3.14M |
|
577
Jazz Pharmaceuticals
JAZZ
$7.77B
| $28.4M | 0.02% |
228,700
-20,500
| -8% | -$2.54M |
|
578
Roku
ROKU
$14.3B
| $28.3M | 0.02% |
442,500
-39,700
| -8% | -$2.54M |
|
|
CTLT
579
DELISTED
CATALENT, INC.
CTLT
| $28.1M | 0.02% |
647,700
-30,900
| -5% | -$1.34M |
|
|
PARA
580
DELISTED
Paramount Global Class B
PARA
| $28M | 0.02% |
1,757,088
-657,700
| -27% | -$10.5M |
|
581
Paylocity
PCTY
$9.49B
| $27.9M | 0.02% |
151,050
-14,200
| -9% | -$2.62M |
|
582
HEICO
HEI
$44.1B
| $27.8M | 0.02% |
157,300
-15,500
| -9% | -$2.74M |
|
583
Zillow
Z
$21.3B
| $27.8M | 0.02% |
552,234
-65,100
| -11% | -$3.27M |
|
584
Delta Air Lines
DAL
$39.7B
| $27.5M | 0.02% |
577,800
-56,800
| -9% | -$2.7M |
|
585
Penumbra
PEN
$11.2B
| $27.2M | 0.02% |
79,000
+1,100
| +1% | +$378K |
|
586
Flex
FLEX
$21B
| $27.1M | 0.02% |
1,303,247
+6,370
| +0.5% | +$133K |
|
587
Repligen
RGEN
$6.66B
| $27M | 0.02% |
190,900
-18,000
| -9% | -$2.55M |
|
588
Manhattan Associates
MANH
$13B
| $27M | 0.02% |
135,020
+300
| +0.2% | +$60K |
|
589
News Corp Class A
NWSA
$16.6B
| $26.8M | 0.02% |
1,375,075
-144,400
| -10% | -$2.82M |
|
590
CAE Inc
CAE
$8.45B
| $26.8M | 0.02% |
1,196,100
-80,500
| -6% | -$1.8M |
|
591
ZTO Express
ZTO
$15.3B
| $26.8M | 0.02% |
1,067,661
-112,044
| -9% | -$2.81M |
|
|
WRK
592
DELISTED
WestRock Company
WRK
| $26.6M | 0.02% |
915,686
-91,600
| -9% | -$2.66M |
|
593
Masimo
MASI
$8.05B
| $26.5M | 0.02% |
160,800
-36,900
| -19% | -$6.07M |
|
594
Ally Financial
ALLY
$12.7B
| $26.3M | 0.02% |
+973,520
| New | +$26.3M |
|
|
GTM
595
ZoomInfo Technologies
GTM
$3.38B
| $25.8M | 0.02% |
1,017,168
-21,300
| -2% | -$541K |
|
596
Healthcare Realty
HR
$6.52B
| $25.8M | 0.02% |
1,369,286
-137,100
| -9% | -$2.59M |
|
597
Super Micro Computer
SMCI
$25.1B
| $25.7M | 0.02% |
1,033,000
+5,000
| +0.5% | +$125K |
|
598
Descartes Systems
DSGX
$9.19B
| $25.6M | 0.02% |
319,124
-21,500
| -6% | -$1.72M |
|
599
Dropbox
DBX
$8.34B
| $25.1M | 0.02% |
942,500
-147,300
| -14% | -$3.93M |
|
600
Credicorp
BAP
$21.1B
| $25M | 0.02% |
169,202
-30,650
| -15% | -$4.53M |
|