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 |
Exxon Mobil
XOM
|
+$151M |
| 2 |
GE Vernova
GEV
|
+$139M |
| 3 |
Ferrovial SE
FER
|
+$60.1M |
| 4 |
Strategy Inc Common Stock Class A
MSTR
|
+$24M |
| 5 |
Solventum
SOLV
|
+$22.9M |
Top Sells
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$184M |
| 2 |
GE Aerospace
GE
|
+$135M |
| 3 |
Apple
AAPL
|
+$117M |
| 4 |
Microsoft
MSFT
|
+$110M |
| 5 |
Meta Platforms (Facebook)
META
|
+$80.5M |
Sector Composition
| 1 | Technology | 33.84% |
| 2 | Healthcare | 12.16% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Communication Services | 9.35% |
| 5 | Industrials | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Exact Sciences
EXAS
$10.4B
| $22.6M | 0.02% |
535,080
-6,500
| -1% | -$275K |
|
602
Cleveland-Cliffs
CLF
$5.51B
| $22.6M | 0.02% |
1,468,740
-43,200
| -3% | -$665K |
|
603
Texas Roadhouse
TXRH
$11B
| $22.6M | 0.02% |
131,500
-300
| -0.2% | -$51.5K |
|
604
Delta Air Lines
DAL
$40.1B
| $22.6M | 0.02% |
475,500
-6,200
| -1% | -$294K |
|
605
TechnipFMC
FTI
$16.7B
| $22.5M | 0.02% |
859,900
| – | – |
|
606
Roku
ROKU
$14B
| $22.3M | 0.02% |
371,800
-2,800
| -0.7% | -$168K |
|
607
Southern Copper
SCCO
$82.3B
| $22.2M | 0.02% |
213,869
-6,672
| -3% | -$691K |
|
608
Telus
TU
$24.3B
| $22.1M | 0.02% |
1,461,765
+3,600
| +0.2% | +$54.5K |
|
609
Grab
GRAB
$21.4B
| $22.1M | 0.02% |
6,219,700
+621,800
| +11% | +$2.21M |
|
610
Advanced Drainage Systems
WMS
$11B
| $22M | 0.02% |
137,400
-1,000
| -0.7% | -$160K |
|
611
DaVita
DVA
$9.72B
| $21.9M | 0.02% |
158,100
-6,000
| -4% | -$831K |
|
612
Pan American Silver
PAAS
$15.2B
| $21.7M | 0.01% |
1,094,219
-6,600
| -0.6% | -$131K |
|
613
Dayforce
DAY
$10.9B
| $21.7M | 0.01% |
437,600
-6,600
| -1% | -$327K |
|
614
Paycom
PAYC
$12.6B
| $21.7M | 0.01% |
151,600
-10,700
| -7% | -$1.53M |
|
615
Coherent
COHR
$16B
| $21.6M | 0.01% |
298,666
-500
| -0.2% | -$36.2K |
|
616
Tetra Tech
TTEK
$9.34B
| $21.5M | 0.01% |
526,000
+500
| +0.1% | +$20.4K |
|
617
Zillow
Z
$21.3B
| $21.5M | 0.01% |
463,534
+800
| +0.2% | +$37.1K |
|
618
Guidewire Software
GWRE
$21.6B
| $21.5M | 0.01% |
155,700
+2,100
| +1% | +$290K |
|
619
Corebridge Financial
CRBG
$18.1B
| $21.5M | 0.01% |
737,065
-9,700
| -1% | -$282K |
|
620
Comfort Systems
FIX
$26B
| $21.3M | 0.01% |
70,200
-300
| -0.4% | -$91.2K |
|
621
Medpace
MEDP
$13.5B
| $21.3M | 0.01% |
51,800
+3,400
| +7% | +$1.4M |
|
622
Onto Innovation
ONTO
$5.15B
| $21.2M | 0.01% |
96,641
-200
| -0.2% | -$43.9K |
|
623
Lincoln Electric
LECO
$13.3B
| $21.1M | 0.01% |
111,800
-1,100
| -1% | -$208K |
|
624
ITT
ITT
$13.6B
| $20.9M | 0.01% |
161,900
-100
| -0.1% | -$12.9K |
|
625
KE Holdings
BEKE
$23.4B
| $20.8M | 0.01% |
1,468,330
-2,400
| -0.2% | -$34K |
|