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 |
Apple
AAPL
|
+$391M |
| 2 |
Amazon
AMZN
|
+$361M |
| 3 |
Microsoft
MSFT
|
+$358M |
| 4 |
Meta Platforms (Facebook)
META
|
+$196M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$171M |
Top Sells
| 1 |
Alibaba
BABA
|
+$1.07B |
| 2 |
Newmont
NEM
|
+$141M |
| 3 |
Eli Lilly
LLY
|
+$125M |
| 4 |
Waste Management
WM
|
+$124M |
| 5 |
McDonald's
MCD
|
+$112M |
Sector Composition
| 1 | Technology | 27.15% |
| 2 | Healthcare | 14.17% |
| 3 | Consumer Discretionary | 13.28% |
| 4 | Communication Services | 11.57% |
| 5 | Industrials | 8.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Quanta Services
PWR
$58.1B
| $27.7M | 0.02% |
306,035
-11,300
| -4% | -$1.02M |
|
627
SiriusXM
SIRI
$8.02B
| $27.6M | 0.02% |
422,027
+13,484
| +3% | +$882K |
|
628
Williams-Sonoma
WSM
$24.7B
| $26.8M | 0.02% |
335,800
-14,600
| -4% | -$1.17M |
|
629
FIVE9
FIVN
$1.95B
| $26.7M | 0.02% |
145,400
-5,300
| -4% | -$972K |
|
630
Tapestry
TPR
$21.9B
| $26.6M | 0.02% |
612,400
-21,500
| -3% | -$935K |
|
631
GameStop
GME
$10.9B
| $26.3M | 0.02% |
491,928
-44,400
| -8% | -$2.38M |
|
632
Chewy
CHWY
$14.5B
| $26.3M | 0.02% |
330,350
-29,550
| -8% | -$2.36M |
|
633
PENN Entertainment
PENN
$2.93B
| $26.2M | 0.02% |
342,410
-12,500
| -4% | -$956K |
|
634
Toro Company
TTC
$7.68B
| $26.2M | 0.02% |
238,100
-7,000
| -3% | -$769K |
|
635
West Fraser Timber
WFG
$5.84B
| $26.1M | 0.02% |
362,886
+18,300
| +5% | +$1.32M |
|
636
Trex
TREX
$6.43B
| $26.1M | 0.02% |
255,200
-9,300
| -4% | -$951K |
|
637
Pan American Silver
PAAS
$15.3B
| $25.8M | 0.02% |
901,400
+49,200
| +6% | +$1.41M |
|
638
Chegg
CHGG
$179M
| $25.8M | 0.02% |
310,100
+15,800
| +5% | +$1.31M |
|
639
TAL Education Group
TAL
$6.37B
| $25.6M | 0.02% |
1,016,165
+24,600
| +2% | +$621K |
|
640
RH
RH
$4.29B
| $25.1M | 0.02% |
37,030
+1,300
| +4% | +$883K |
|
641
Snowflake
SNOW
$76.5B
| $25M | 0.02% |
103,400
-1,000
| -1% | -$242K |
|
642
Unity
U
$18.2B
| $24.9M | 0.02% |
+226,600
| New | +$24.9M |
|
643
Axon Enterprise
AXON
$58.7B
| $24.8M | 0.02% |
140,100
-5,100
| -4% | -$902K |
|
644
HEICO
HEI
$44.1B
| $24.7M | 0.02% |
176,903
+10,245
| +6% | +$1.43M |
|
645
American Homes 4 Rent
AMH
$12.7B
| $24.3M | 0.02% |
626,117
-23,000
| -4% | -$894K |
|
646
Floor & Decor
FND
$9.16B
| $24.3M | 0.02% |
230,100
+40,000
| +21% | +$4.23M |
|
647
Tencent Music
TME
$39.2B
| $24.3M | 0.02% |
1,567,653
+639,205
| +69% | +$9.89M |
|
648
Darling Ingredients
DAR
$4.95B
| $24.1M | 0.01% |
357,200
-13,100
| -4% | -$884K |
|
649
Wolfspeed
WOLF
$230M
| $24M | 0.01% |
244,741
-7,400
| -3% | -$725K |
|
650
Deckers Outdoor
DECK
$16.9B
| $23.9M | 0.01% |
372,600
-12,600
| -3% | -$807K |
|