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 |
Viatris
VTRS
|
+$53.9M |
| 2 |
Pinduoduo
PDD
|
+$46.6M |
| 3 |
Cloudflare
NET
|
+$44.2M |
| 4 |
Enphase Energy
ENPH
|
+$42M |
| 5 |
NIO
NIO
|
+$39M |
Top Sells
| 1 |
Apple
AAPL
|
+$385M |
| 2 |
Microsoft
MSFT
|
+$198M |
| 3 |
Amazon
AMZN
|
+$138M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$76.7M |
| 5 |
Meta Platforms (Facebook)
META
|
+$76.7M |
Sector Composition
| 1 | Technology | 26.42% |
| 2 | Healthcare | 14.37% |
| 3 | Consumer Discretionary | 13.81% |
| 4 | Communication Services | 10.63% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Vornado Realty Trust
VNO
$8.02B
| $22.9M | 0.02% |
613,387
-18,200
| -3% | -$680K |
|
627
Axalta
AXTA
$6.87B
| $22.9M | 0.02% |
800,608
-23,600
| -3% | -$674K |
|
628
Zai Lab
ZLAB
$3.58B
| $22.8M | 0.02% |
168,471
+31,600
| +23% | +$4.28M |
|
629
Quanta Services
PWR
$58B
| $22.5M | 0.02% |
311,935
| – | – |
|
630
Gildan
GIL
$8.21B
| $22.2M | 0.02% |
794,200
-38,200
| -5% | -$1.07M |
|
631
Five Below
FIVE
$8.01B
| $22.1M | 0.02% |
126,059
-300
| -0.2% | -$52.5K |
|
632
GFL Environmental
GFL
$17.4B
| $22M | 0.02% |
+755,500
| New | +$22M |
|
633
Universal Display
OLED
$6.57B
| $22M | 0.02% |
95,800
-300
| -0.3% | -$68.9K |
|
|
CGC
634
Canopy Growth
CGC
$440M
| $22M | 0.02% |
89,230
-6,080
| -6% | -$1.5M |
|
635
Trex
TREX
$6.66B
| $21.9M | 0.02% |
261,700
-500
| -0.2% | -$41.9K |
|
|
AUY
636
DELISTED
Yamana Gold, Inc.
AUY
| $21.8M | 0.02% |
3,812,800
-186,000
| -5% | -$1.06M |
|
637
Guardant Health
GH
$7.12B
| $21.7M | 0.02% |
168,600
+40,000
| +31% | +$5.16M |
|
638
HEICO
HEI
$44.5B
| $21.7M | 0.02% |
164,058
-4,900
| -3% | -$649K |
|
639
Repligen
RGEN
$6.74B
| $21.6M | 0.02% |
112,800
+200
| +0.2% | +$38.3K |
|
640
Fox Class B
FOX
$25.7B
| $21.6M | 0.02% |
747,146
-16,400
| -2% | -$474K |
|
|
AMED
641
DELISTED
Amedisys
AMED
| $21.5M | 0.02% |
73,400
| – | – |
|
642
Royalty Pharma
RPRX
$15.9B
| $21.5M | 0.02% |
+429,500
| New | +$21.5M |
|
643
FirstService
FSV
$9.48B
| $21.5M | 0.02% |
156,700
+72,500
| +86% | +$9.93M |
|
644
Cameco
CCJ
$34.8B
| $21.3M | 0.02% |
1,585,900
-75,100
| -5% | -$1.01M |
|
645
Boston Beer
SAM
$2.42B
| $21.2M | 0.02% |
21,300
+500
| +2% | +$497K |
|
646
Darling Ingredients
DAR
$5.02B
| $21.1M | 0.02% |
366,200
-600
| -0.2% | -$34.6K |
|
|
ATH
647
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $20.6M | 0.01% |
477,153
-14,200
| -3% | -$613K |
|
|
ZNGA
648
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $20.4M | 0.01% |
2,066,753
+7,400
| +0.4% | +$73K |
|
649
Flex
FLEX
$21.6B
| $20.4M | 0.01% |
1,502,828
+6,237
| +0.4% | +$84.5K |
|
650
Gaming and Leisure Properties
GLPI
$13.6B
| $20.3M | 0.01% |
478,945
+890
| +0.2% | +$37.7K |
|