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 |
First Solar
FSLR
|
+$24.3M |
| 2 |
Lamb Weston
LW
|
+$21.6M |
| 3 |
Ovintiv
OVV
|
+$21.3M |
| 4 |
Hubbell
HUBB
|
+$21.3M |
| 5 |
U-Haul Holding Co Series N
UHAL.B
|
+$19.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$627M |
| 2 |
Microsoft
MSFT
|
+$479M |
| 3 |
Amazon
AMZN
|
+$203M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$169M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$150M |
Sector Composition
| 1 | Technology | 25.32% |
| 2 | Healthcare | 16.62% |
| 3 | Consumer Discretionary | 10.98% |
| 4 | Industrials | 9.74% |
| 5 | Consumer Staples | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Jabil
JBL
$23.2B
| $22.6M | 0.02% |
332,100
+14,000
| +4% | +$955K |
|
602
Rexford Industrial Realty
REXR
$10.1B
| $22.6M | 0.02% |
413,116
+21,800
| +6% | +$1.19M |
|
603
East-West Bancorp
EWBC
$14.9B
| $22.4M | 0.02% |
340,200
+3,700
| +1% | +$244K |
|
604
GFL Environmental
GFL
$16.9B
| $22.4M | 0.02% |
767,800
-49,200
| -6% | -$1.44M |
|
605
Liberty Global Class C
LBTYK
$4.09B
| $22.4M | 0.02% |
1,152,370
-151,361
| -12% | -$2.94M |
|
606
Kinross Gold
KGC
$28.3B
| $22.3M | 0.02% |
5,482,018
-361,817
| -6% | -$1.47M |
|
607
Tapestry
TPR
$22.9B
| $22.2M | 0.02% |
582,400
-14,700
| -2% | -$560K |
|
608
Performance Food Group
PFGC
$16.3B
| $21.9M | 0.02% |
374,960
+7,400
| +2% | +$432K |
|
609
CubeSmart
CUBE
$9.31B
| $21.8M | 0.02% |
541,900
+9,700
| +2% | +$390K |
|
610
Huazhu Hotels Group
HTHT
$11.3B
| $21.7M | 0.02% |
510,647
-900
| -0.2% | -$38.2K |
|
611
BJs Wholesale Club
BJ
$13.1B
| $21.6M | 0.02% |
326,100
+5,500
| +2% | +$364K |
|
612
Lattice Semiconductor
LSCC
$8.82B
| $21.5M | 0.02% |
331,500
+5,200
| +2% | +$337K |
|
613
Western Union
WU
$2.71B
| $21.5M | 0.02% |
1,560,500
-114,322
| -7% | -$1.57M |
|
614
CyberArk
CYBR
$24B
| $21.4M | 0.02% |
165,300
-7,672
| -4% | -$995K |
|
615
Delta Air Lines
DAL
$38.1B
| $21.4M | 0.02% |
651,500
-40,210
| -6% | -$1.32M |
|
616
AGCO
AGCO
$8.19B
| $21.2M | 0.02% |
153,100
+2,800
| +2% | +$388K |
|
617
Comerica
CMA
$8.84B
| $21.1M | 0.02% |
315,800
+5,700
| +2% | +$381K |
|
618
Elanco Animal Health
ELAN
$9.26B
| $21.1M | 0.02% |
1,724,992
-115,825
| -6% | -$1.42M |
|
619
Gildan
GIL
$8.19B
| $21.1M | 0.02% |
769,900
-71,200
| -8% | -$1.95M |
|
620
Mohawk Industries
MHK
$8.52B
| $21M | 0.02% |
205,500
-14,862
| -7% | -$1.52M |
|
621
ICL Group
ICL
$7.96B
| $20.8M | 0.01% |
2,874,845
-132,024
| -4% | -$954K |
|
622
Newell Brands
NWL
$2.45B
| $20.8M | 0.01% |
1,588,142
-114,211
| -7% | -$1.49M |
|
623
Pinnacle West Capital
PNW
$10.4B
| $20.8M | 0.01% |
272,900
+4,900
| +2% | +$373K |
|
624
Zillow
Z
$21.1B
| $20.7M | 0.01% |
643,734
-58,795
| -8% | -$1.89M |
|
625
Antero Resources
AR
$10B
| $20.6M | 0.01% |
665,300
+1,400
| +0.2% | +$43.4K |
|