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 |
Nu Holdings
NU
|
+$91.9M |
| 2 |
SW
Smurfit Westrock plc
SW
|
+$76.1M |
| 3 |
Pinduoduo
PDD
|
+$30.9M |
| 4 |
Microsoft
MSFT
|
+$24.9M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$22.8M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$122M |
| 2 |
Apple
AAPL
|
+$45.4M |
| 3 |
WRK
WestRock Company
WRK
|
+$38.2M |
| 4 |
Danaher
DHR
|
+$29M |
| 5 |
Flutter Entertainment
FLUT
|
+$20.3M |
Sector Composition
| 1 | Technology | 32.64% |
| 2 | Healthcare | 12.18% |
| 3 | Consumer Discretionary | 11.62% |
| 4 | Industrials | 9.2% |
| 5 | Communication Services | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
Curtiss-Wright
CW
$19.3B
| $24.6M | 0.02% |
74,800
-400
| -0.5% | -$131K |
|
602
XPO
XPO
$15.3B
| $24.4M | 0.02% |
227,200
-1,300
| -0.6% | -$140K |
|
603
Delta Air Lines
DAL
$40.1B
| $24.3M | 0.02% |
478,900
+3,400
| +0.7% | +$173K |
|
604
Clean Harbors
CLH
$12.6B
| $24.2M | 0.02% |
100,100
-700
| -0.7% | -$169K |
|
605
Chord Energy
CHRD
$6.1B
| $24.1M | 0.02% |
185,022
+1,100
| +0.6% | +$143K |
|
606
ITT
ITT
$13.6B
| $24M | 0.02% |
160,700
-1,200
| -0.7% | -$179K |
|
607
Bentley Systems
BSY
$16B
| $23.9M | 0.02% |
470,900
+3,400
| +0.7% | +$173K |
|
608
Grab
GRAB
$22.5B
| $23.8M | 0.02% |
6,274,800
+55,100
| +0.9% | +$209K |
|
609
Wingstop
WING
$7.84B
| $23.8M | 0.02% |
57,300
-500
| -0.9% | -$208K |
|
610
Performance Food Group
PFGC
$16.3B
| $23.8M | 0.02% |
303,760
-2,300
| -0.8% | -$180K |
|
611
Corebridge Financial
CRBG
$17.9B
| $23.7M | 0.02% |
812,665
+75,600
| +10% | +$2.2M |
|
612
CubeSmart
CUBE
$9.29B
| $23.6M | 0.02% |
439,200
-3,100
| -0.7% | -$167K |
|
613
Texas Roadhouse
TXRH
$11B
| $23M | 0.02% |
130,500
-1,000
| -0.8% | -$177K |
|
614
Pan American Silver
PAAS
$15.5B
| $23M | 0.01% |
1,097,619
+3,400
| +0.3% | +$71.1K |
|
615
Lamar Advertising Co
LAMR
$12.8B
| $22.9M | 0.01% |
171,438
-1,000
| -0.6% | -$134K |
|
616
nVent Electric
NVT
$15.3B
| $22.8M | 0.01% |
323,987
-800
| -0.2% | -$56.2K |
|
617
Saia
SAIA
$8.19B
| $22.7M | 0.01% |
52,000
-300
| -0.6% | -$131K |
|
618
Southern Copper
SCCO
$82.9B
| $22.7M | 0.01% |
202,701
-11,168
| -5% | -$1.25M |
|
619
Service Corp International
SCI
$11B
| $22.5M | 0.01% |
285,600
-1,700
| -0.6% | -$134K |
|
620
East-West Bancorp
EWBC
$14.9B
| $22.5M | 0.01% |
271,600
-3,900
| -1% | -$323K |
|
621
FirstService
FSV
$9.32B
| $22.4M | 0.01% |
122,500
+1,000
| +0.8% | +$183K |
|
622
Insmed
INSM
$30.8B
| $22.1M | 0.01% |
302,500
+25,000
| +9% | +$1.83M |
|
623
TechnipFMC
FTI
$16.8B
| $22.1M | 0.01% |
841,300
-18,600
| -2% | -$488K |
|
624
CACI
CACI
$10.7B
| $22M | 0.01% |
43,600
-300
| -0.7% | -$151K |
|
625
Unum
UNM
$12.6B
| $22M | 0.01% |
369,600
-7,100
| -2% | -$422K |
|