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 |
Snowflake
SNOW
|
+$199M |
| 2 |
Amazon
AMZN
|
+$162M |
| 3 |
Analog Devices
ADI
|
+$104M |
| 4 |
Palantir
PLTR
|
+$94.3M |
| 5 |
Tesla
TSLA
|
+$82.7M |
Top Sells
| 1 |
Apple
AAPL
|
+$350M |
| 2 |
Microsoft
MSFT
|
+$261M |
| 3 |
L3Harris
LHX
|
+$185M |
| 4 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
+$166M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$135M |
Sector Composition
| 1 | Technology | 27.74% |
| 2 | Healthcare | 14.18% |
| 3 | Consumer Discretionary | 13.57% |
| 4 | Communication Services | 11.55% |
| 5 | Industrials | 8.5% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Darling Ingredients
DAR
$4.95B
| $25.9M | 0.02% |
360,500
+3,300
| +0.9% | +$237K |
|
627
GameStop
GME
$10.9B
| $25.3M | 0.02% |
577,128
+85,200
| +17% | +$3.74M |
|
628
Royalty Pharma
RPRX
$15.6B
| $25.3M | 0.02% |
699,010
-15,500
| -2% | -$560K |
|
629
U-Haul Holding Co
UHAL
$10.8B
| $25.1M | 0.02% |
388,590
-13,000
| -3% | -$840K |
|
630
PENN Entertainment
PENN
$2.93B
| $25M | 0.02% |
345,510
+3,100
| +0.9% | +$225K |
|
631
Axon Enterprise
AXON
$58.7B
| $25M | 0.02% |
143,000
+2,900
| +2% | +$508K |
|
632
Western Alliance Bancorporation
WAL
$9.8B
| $24.9M | 0.02% |
228,600
+5,800
| +3% | +$631K |
|
633
Comerica
CMA
$8.9B
| $24.8M | 0.02% |
308,500
+1,500
| +0.5% | +$121K |
|
634
SiriusXM
SIRI
$8.02B
| $24.7M | 0.02% |
404,887
-17,140
| -4% | -$1.05M |
|
635
RH
RH
$4.29B
| $24.7M | 0.02% |
37,030
| – | – |
|
|
GTM
636
ZoomInfo Technologies
GTM
$3.63B
| $24.6M | 0.02% |
401,700
+195,800
| +95% | +$12M |
|
637
American Homes 4 Rent
AMH
$12.7B
| $24.4M | 0.02% |
640,617
+14,500
| +2% | +$553K |
|
638
East-West Bancorp
EWBC
$14.9B
| $24.3M | 0.02% |
313,500
+1,500
| +0.5% | +$116K |
|
639
GFL Environmental
GFL
$17.2B
| $24.3M | 0.02% |
655,600
-18,100
| -3% | -$670K |
|
640
Chewy
CHWY
$14.5B
| $23.8M | 0.02% |
350,150
+19,800
| +6% | +$1.35M |
|
|
MRO
641
DELISTED
Marathon Oil Corporation
MRO
| $23.8M | 0.02% |
1,741,309
+2,000
| +0.1% | +$27.3K |
|
642
Guardant Health
GH
$7.05B
| $23.7M | 0.02% |
189,900
+1,700
| +0.9% | +$213K |
|
643
FIVE9
FIVN
$1.95B
| $23.7M | 0.02% |
148,200
+2,800
| +2% | +$447K |
|
644
Paylocity
PCTY
$9.34B
| $23.7M | 0.02% |
84,350
+500
| +0.6% | +$140K |
|
645
IPG Photonics
IPGP
$3.44B
| $23.5M | 0.02% |
148,669
-4,000
| -3% | -$634K |
|
646
Toro Company
TTC
$7.68B
| $23.2M | 0.01% |
237,700
-400
| -0.2% | -$39K |
|
647
Carlisle Companies
CSL
$16.2B
| $22.9M | 0.01% |
115,300
-2,200
| -2% | -$437K |
|
648
Tapestry
TPR
$21.9B
| $22.8M | 0.01% |
616,200
+3,800
| +0.6% | +$141K |
|
|
PPD
649
DELISTED
PPD, Inc. Common Stock
PPD
| $22.7M | 0.01% |
486,126
-14,500
| -3% | -$678K |
|
650
HEICO
HEI
$44.1B
| $22.7M | 0.01% |
172,003
-4,900
| -3% | -$646K |
|