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 | |
|---|---|---|---|---|---|---|
601
Dropbox
DBX
$8.35B
| $31.2M | 0.02% |
1,342,230
+143,700
| +12% | +$3.34M |
|
602
Mohawk Industries
MHK
$8.4B
| $31M | 0.02% |
249,362
+26,300
| +12% | +$3.27M |
|
603
Bausch Health
BHC
$2.68B
| $31M | 0.02% |
1,356,860
+156,700
| +13% | +$3.58M |
|
604
ZTO Express
ZTO
$15.5B
| $30.8M | 0.02% |
1,230,805
+158,400
| +15% | +$3.96M |
|
605
Darling Ingredients
DAR
$4.95B
| $30.8M | 0.02% |
382,600
+26,000
| +7% | +$2.09M |
|
606
Carlisle Companies
CSL
$16.4B
| $30.4M | 0.02% |
123,600
+8,900
| +8% | +$2.19M |
|
607
First Horizon
FHN
$11.5B
| $30M | 0.02% |
1,278,549
+69,800
| +6% | +$1.64M |
|
608
XPeng
XPEV
$19.1B
| $29.5M | 0.02% |
1,068,432
+130,800
| +14% | +$3.61M |
|
609
Southwest Airlines
LUV
$16.2B
| $29.4M | 0.02% |
640,977
+78,800
| +14% | +$3.61M |
|
610
Builders FirstSource
BLDR
$15.5B
| $29.2M | 0.02% |
452,787
+19,700
| +5% | +$1.27M |
|
611
AerCap
AER
$21.5B
| $29M | 0.02% |
577,200
+255,100
| +79% | +$12.8M |
|
612
RB Global
RBA
$21.6B
| $29M | 0.02% |
491,100
+55,900
| +13% | +$3.3M |
|
613
HEICO
HEI
$44B
| $28.9M | 0.02% |
187,903
+23,000
| +14% | +$3.53M |
|
614
SiriusXM
SIRI
$8B
| $28.7M | 0.02% |
433,067
+48,190
| +13% | +$3.19M |
|
615
Jones Lang LaSalle
JLL
$14.6B
| $28.6M | 0.02% |
119,300
+7,700
| +7% | +$1.84M |
|
616
American Homes 4 Rent
AMH
$12.7B
| $28.4M | 0.02% |
710,317
+72,300
| +11% | +$2.89M |
|
617
CyberArk
CYBR
$23.7B
| $28.3M | 0.02% |
167,872
+12,600
| +8% | +$2.13M |
|
618
Comerica
CMA
$8.88B
| $28M | 0.02% |
310,100
+15,400
| +5% | +$1.39M |
|
619
Graco
GGG
$14.1B
| $28M | 0.02% |
401,900
+28,300
| +8% | +$1.97M |
|
620
Delta Air Lines
DAL
$40B
| $27.4M | 0.02% |
693,010
+85,000
| +14% | +$3.36M |
|
621
DraftKings
DKNG
$22.8B
| $27.4M | 0.02% |
1,408,355
+181,600
| +15% | +$3.54M |
|
|
LSI
622
DELISTED
Life Storage, Inc.
LSI
| $27.2M | 0.02% |
193,982
+21,700
| +13% | +$3.05M |
|
623
Reliance Steel & Aluminium
RS
$15.3B
| $27.2M | 0.02% |
148,100
+8,400
| +6% | +$1.54M |
|
624
CubeSmart
CUBE
$9.29B
| $26.9M | 0.02% |
517,400
+73,500
| +17% | +$3.82M |
|
625
Rexford Industrial Realty
REXR
$10.1B
| $26.7M | 0.02% |
358,216
+55,100
| +18% | +$4.11M |
|