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 |
Warner Bros
WBD
|
+$130M |
| 2 |
Tesla
TSLA
|
+$76.4M |
| 3 |
Roblox
RBLX
|
+$50.1M |
| 4 |
VICI Properties
VICI
|
+$43.2M |
| 5 |
Danaher
DHR
|
+$41.2M |
Top Sells
| 1 |
AT&T
T
|
+$209M |
| 2 |
CERN
Cerner Corp
CERN
|
+$119M |
| 3 |
Baidu
BIDU
|
+$91.9M |
| 4 |
Canadian National Railway
CNI
|
+$53.8M |
| 5 |
Meta Platforms (Facebook)
META
|
+$37.5M |
Sector Composition
| 1 | Technology | 26.45% |
| 2 | Healthcare | 15.87% |
| 3 | Consumer Discretionary | 11.68% |
| 4 | Communication Services | 8.96% |
| 5 | Industrials | 8.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Credicorp
BAP
$21B
| $23.5M | 0.02% |
196,252
+9,500
| +5% | +$1.14M |
|
602
Southwest Airlines
LUV
$16.3B
| $23.2M | 0.02% |
640,977
| – | – |
|
603
Teladoc Health
TDOC
$1.32B
| $23.1M | 0.02% |
695,377
+71,300
| +11% | +$2.37M |
|
604
Texas Pacific Land
TPL
$21.6B
| $23.1M | 0.02% |
46,551
+2,700
| +6% | +$1.34M |
|
605
Hubbell
HUBB
$23.5B
| $22.9M | 0.02% |
128,200
-400
| -0.3% | -$71.4K |
|
606
Darling Ingredients
DAR
$4.95B
| $22.8M | 0.02% |
380,600
-2,000
| -0.5% | -$120K |
|
607
Zillow
Z
$20.8B
| $22.7M | 0.02% |
714,129
-15,700
| -2% | -$498K |
|
608
Comerica
CMA
$8.9B
| $22.7M | 0.02% |
308,700
-1,400
| -0.5% | -$103K |
|
609
CubeSmart
CUBE
$9.29B
| $22.5M | 0.02% |
527,700
+10,300
| +2% | +$440K |
|
|
LSI
610
DELISTED
Life Storage, Inc.
LSI
| $22M | 0.01% |
197,182
+3,200
| +2% | +$357K |
|
611
Rexford Industrial Realty
REXR
$10.1B
| $21.8M | 0.01% |
378,116
+19,900
| +6% | +$1.15M |
|
612
East-West Bancorp
EWBC
$14.9B
| $21.7M | 0.01% |
334,300
-1,200
| -0.4% | -$77.8K |
|
613
CyberArk
CYBR
$23.6B
| $21.6M | 0.01% |
168,972
+1,100
| +0.7% | +$141K |
|
614
West Fraser Timber
WFG
$5.84B
| $21.5M | 0.01% |
280,538
-138,500
| -33% | -$10.6M |
|
615
FirstService
FSV
$9.32B
| $21.4M | 0.01% |
176,900
+1,300
| +0.7% | +$157K |
|
|
ACC
616
DELISTED
American Campus Communities, Inc.
ACC
| $21.4M | 0.01% |
331,652
+2,600
| +0.8% | +$168K |
|
617
Tower Semiconductor
TSEM
$7.57B
| $21.4M | 0.01% |
459,647
+215,752
| +88% | +$10M |
|
|
618
Baidu
BIDU
$37B
| $21.3M | 0.01% |
143,419
-617,847
| -81% | -$91.9M |
|
619
Erie Indemnity
ERIE
$17.3B
| $21.1M | 0.01% |
109,946
| – | – |
|
620
SiriusXM
SIRI
$8.02B
| $21M | 0.01% |
342,517
-90,550
| -21% | -$5.55M |
|
|
ONC
621
BeOne Medicines Ltd. American Depositary Shares
ONC
$34.5B
| $20.8M | 0.01% |
128,285
-600
| -0.5% | -$97.1K |
|
622
GFL Environmental
GFL
$17.2B
| $20.7M | 0.01% |
803,100
+89,300
| +13% | +$2.3M |
|
623
Aecom
ACM
$16.6B
| $20.6M | 0.01% |
316,280
-3,100
| -1% | -$202K |
|
|
BHVN
624
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $20.6M | 0.01% |
141,300
+1,900
| +1% | +$277K |
|
625
Jones Lang LaSalle
JLL
$14.6B
| $20.6M | 0.01% |
117,600
-1,700
| -1% | -$297K |
|