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 |
Berkshire Hathaway Class B
BRK.B
|
+$1.6B |
| 2 |
American Express
AXP
|
+$398M |
| 3 |
Capital One
COF
|
+$151M |
| 4 |
Apollo Global Management
APO
|
+$111M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$109M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.16B |
| 2 |
Microsoft
MSFT
|
+$873M |
| 3 |
Amazon
AMZN
|
+$403M |
| 4 |
NVIDIA
NVDA
|
+$356M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$283M |
Sector Composition
| 1 | Technology | 30.21% |
| 2 | Healthcare | 13.75% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Industrials | 9.22% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Alcoa
AA
$8.1B
| $21.8M | 0.01% |
642,694
-57,700
| -8% | -$1.96M |
|
627
Service Corp International
SCI
$11.1B
| $21.5M | 0.01% |
333,500
+1,500
| +0.5% | +$96.9K |
|
628
WillScot Mobile Mini Holdings
WSC
$4.22B
| $21.4M | 0.01% |
447,993
-2,900
| -0.6% | -$139K |
|
629
Algonquin Power & Utilities
AQN
$4.32B
| $21.3M | 0.01% |
2,571,700
-134,000
| -5% | -$1.11M |
|
630
UiPath
PATH
$6.37B
| $21.2M | 0.01% |
+1,281,100
| New | +$21.2M |
|
631
Sealed Air
SEE
$4.86B
| $20.8M | 0.01% |
519,200
-54,900
| -10% | -$2.2M |
|
632
Inspire Medical Systems
INSP
$2.47B
| $20.6M | 0.01% |
63,500
+1,200
| +2% | +$390K |
|
633
Unum
UNM
$12.6B
| $20.5M | 0.01% |
430,200
+800
| +0.2% | +$38.2K |
|
634
Performance Food Group
PFGC
$16.4B
| $20.5M | 0.01% |
339,960
+4,000
| +1% | +$241K |
|
635
Churchill Downs
CHDN
$7.01B
| $20.4M | 0.01% |
146,700
+1,500
| +1% | +$209K |
|
636
UGI
UGI
$7.37B
| $20.3M | 0.01% |
753,600
-76,500
| -9% | -$2.06M |
|
637
RenaissanceRe
RNR
$11.3B
| $20.3M | 0.01% |
108,900
+14,600
| +15% | +$2.72M |
|
638
Reinsurance Group of America
RGA
$12.7B
| $20.1M | 0.01% |
144,900
+600
| +0.4% | +$83.2K |
|
639
Pinnacle West Capital
PNW
$10.5B
| $20.1M | 0.01% |
246,600
+2,400
| +1% | +$196K |
|
640
Mohawk Industries
MHK
$8.67B
| $20.1M | 0.01% |
194,700
-6,400
| -3% | -$660K |
|
641
Norwegian Cruise Line
NCLH
$11.5B
| $20M | 0.01% |
918,600
+9,100
| +1% | +$198K |
|
642
US Foods
USFD
$17.6B
| $20M | 0.01% |
454,455
+17,600
| +4% | +$774K |
|
643
Pan American Silver
PAAS
$14.9B
| $20M | 0.01% |
1,370,219
+320,219
| +30% | +$4.67M |
|
644
Elbit Systems
ESLT
$22.8B
| $19.8M | 0.01% |
95,441
-8,917
| -9% | -$1.85M |
|
645
Casey's General Stores
CASY
$19.4B
| $19.8M | 0.01% |
81,187
+700
| +0.9% | +$171K |
|
646
Saia
SAIA
$8.31B
| $19.8M | 0.01% |
57,800
+700
| +1% | +$240K |
|
647
DaVita
DVA
$9.62B
| $19.6M | 0.01% |
195,200
-18,800
| -9% | -$1.89M |
|
648
Hyatt Hotels
H
$13.9B
| $19.6M | 0.01% |
170,700
+66,800
| +64% | +$7.65M |
|
649
Southwest Airlines
LUV
$16.7B
| $19.4M | 0.01% |
534,800
-54,400
| -9% | -$1.97M |
|
650
KBR
KBR
$6.35B
| $19.3M | 0.01% |
296,841
+700
| +0.2% | +$45.5K |
|