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 |
NVIDIA
NVDA
|
+$757M |
| 2 |
Microsoft
MSFT
|
+$725M |
| 3 |
Apple
AAPL
|
+$628M |
| 4 |
Amazon
AMZN
|
+$487M |
| 5 |
Meta Platforms (Facebook)
META
|
+$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
+$121M |
| 2 |
KE Holdings
BEKE
|
+$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
+$24.4M |
| 4 |
X
US Steel
X
|
+$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
601
RBC Bearings
RBC
$12.2B
| $22M | 0.01% |
57,090
-700
| -1% | -$269K |
|
602
Liberty Broadband Class C
LBRDK
$8.72B
| $22M | 0.01% |
223,168
-2,400
| -1% | -$236K |
|
603
Core & Main
CNM
$9.43B
| $21.9M | 0.01% |
363,200
-5,300
| -1% | -$320K |
|
604
Skyworks Solutions
SWKS
$11.1B
| $21.8M | 0.01% |
293,000
-158,100
| -35% | -$11.8M |
|
605
Blue Owl Capital
OWL
$12.2B
| $21.8M | 0.01% |
1,135,600
+89,400
| +9% | +$1.72M |
|
606
TFI International
TFII
$7.87B
| $21.7M | 0.01% |
242,400
+13,600
| +6% | +$1.22M |
|
607
Toll Brothers
TOL
$14.2B
| $21.7M | 0.01% |
189,900
-3,900
| -2% | -$445K |
|
608
FirstService
FSV
$9.49B
| $21.6M | 0.01% |
124,300
+8,700
| +8% | +$1.51M |
|
609
Roku
ROKU
$14.2B
| $21.6M | 0.01% |
245,700
-115,000
| -32% | -$10.1M |
|
610
Gildan
GIL
$8.23B
| $21.5M | 0.01% |
438,200
+48,100
| +12% | +$2.36M |
|
611
DT Midstream
DTM
$10.9B
| $21.3M | 0.01% |
194,000
-1,200
| -0.6% | -$132K |
|
612
Exelixis
EXEL
$10.5B
| $21.2M | 0.01% |
481,300
-16,600
| -3% | -$732K |
|
613
Aramark
ARMK
$10.2B
| $21.2M | 0.01% |
506,500
+18,900
| +4% | +$791K |
|
614
Ralph Lauren
RL
$19.2B
| $20.9M | 0.01% |
76,200
-1,700
| -2% | -$466K |
|
615
First Horizon
FHN
$11.5B
| $20.8M | 0.01% |
982,300
-44,800
| -4% | -$950K |
|
616
MasTec
MTZ
$14.9B
| $20.6M | 0.01% |
120,800
-2,000
| -2% | -$341K |
|
617
Stifel
SF
$11.8B
| $20.6M | 0.01% |
198,213
| – | – |
|
618
Ally Financial
ALLY
$13B
| $20.5M | 0.01% |
527,320
-246,100
| -32% | -$9.59M |
|
619
Kinsale Capital Group
KNSL
$10.2B
| $20.5M | 0.01% |
42,262
-600
| -1% | -$290K |
|
620
Lamar Advertising Co
LAMR
$13B
| $20.4M | 0.01% |
168,238
-2,100
| -1% | -$255K |
|
621
CACI
CACI
$10.8B
| $20.4M | 0.01% |
42,800
-600
| -1% | -$286K |
|
622
Pinnacle West Capital
PNW
$10.6B
| $20.4M | 0.01% |
227,800
+7,600
| +3% | +$680K |
|
623
Viatris
VTRS
$11.9B
| $20.3M | 0.01% |
2,276,902
-1,089,600
| -32% | -$9.73M |
|
624
Host Hotels & Resorts
HST
$12.2B
| $20.3M | 0.01% |
1,322,279
-649,300
| -33% | -$9.97M |
|
625
Southern Copper
SCCO
$85.3B
| $20.3M | 0.01% |
202,598
-303
| -0.1% | -$30.3K |
|