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 |
Visa
V
|
+$55.5M |
| 2 |
Strategy Inc Common Stock Class A
MSTR
|
+$35.4M |
| 3 |
International Paper
IP
|
+$25.3M |
| 4 |
DoorDash
DASH
|
+$21.9M |
| 5 |
Natera
NTRA
|
+$17.1M |
Top Sells
| 1 |
Chevron
CVX
|
+$712M |
| 2 |
Apple
AAPL
|
+$120M |
| 3 |
Interactive Brokers
IBKR
|
+$38.1M |
| 4 |
NVIDIA
NVDA
|
+$24.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$23.8M |
Sector Composition
| 1 | Technology | 31.47% |
| 2 | Healthcare | 11.82% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Communication Services | 9.55% |
| 5 | Industrials | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
626
Open Text
OTEX
$9.07B
| $19M | 0.01% |
750,600
-20,300
| -3% | -$513K |
|
627
Penumbra
PEN
$10.6B
| $18.9M | 0.01% |
70,700
-1,800
| -2% | -$481K |
|
628
DT Midstream
DTM
$10.9B
| $18.8M | 0.01% |
195,200
+4,200
| +2% | +$405K |
|
629
CubeSmart
CUBE
$9.39B
| $18.7M | 0.01% |
438,200
-4,700
| -1% | -$201K |
|
630
Stifel
SF
$11.8B
| $18.7M | 0.01% |
198,213
-3,400
| -2% | -$320K |
|
631
Range Resources
RRC
$8.41B
| $18.7M | 0.01% |
467,600
-8,600
| -2% | -$343K |
|
632
MGM Resorts International
MGM
$9.4B
| $18.7M | 0.01% |
629,900
-13,700
| -2% | -$406K |
|
633
BellRing Brands
BRBR
$4.8B
| $18.6M | 0.01% |
249,824
-4,400
| -2% | -$328K |
|
634
RBC Bearings
RBC
$11.8B
| $18.6M | 0.01% |
57,790
+3,200
| +6% | +$1.03M |
|
635
Southern Copper
SCCO
$86.2B
| $18.6M | 0.01% |
202,901
+612
| +0.3% | +$56.1K |
|
|
X
636
DELISTED
US Steel
X
| $18.4M | 0.01% |
436,300
-6,100
| -1% | -$258K |
|
637
Primerica
PRI
$8.88B
| $18.4M | 0.01% |
64,700
-1,800
| -3% | -$512K |
|
638
Exelixis
EXEL
$10.5B
| $18.4M | 0.01% |
497,900
-7,000
| -1% | -$258K |
|
639
GameStop
GME
$11.2B
| $18.4M | 0.01% |
822,428
-11,800
| -1% | -$263K |
|
640
Old Republic International
ORI
$10B
| $18.3M | 0.01% |
466,700
-16,300
| -3% | -$639K |
|
641
SouthState Bank Corporation
SSB
$10.2B
| $18.2M | 0.01% |
195,930
+45,993
| +31% | +$4.27M |
|
642
Saia
SAIA
$8.33B
| $18M | 0.01% |
51,500
-800
| -2% | -$280K |
|
643
OGE Energy
OGE
$8.96B
| $17.9M | 0.01% |
389,300
-5,700
| -1% | -$262K |
|
644
Core & Main
CNM
$9.28B
| $17.8M | 0.01% |
368,500
-10,400
| -3% | -$502K |
|
645
TFI International
TFII
$7.77B
| $17.7M | 0.01% |
228,800
-4,500
| -2% | -$349K |
|
646
Bentley Systems
BSY
$16.1B
| $17.7M | 0.01% |
449,600
-2,000
| -0.4% | -$78.7K |
|
647
Murphy USA
MUSA
$7.53B
| $17.5M | 0.01% |
37,267
-1,100
| -3% | -$517K |
|
648
BWX Technologies
BWXT
$15.4B
| $17.5M | 0.01% |
177,100
-2,700
| -2% | -$266K |
|
649
TopBuild
BLD
$11.7B
| $17.4M | 0.01% |
57,221
-2,100
| -4% | -$640K |
|
650
Huazhu Hotels Group
HTHT
$11.4B
| $17.4M | 0.01% |
470,509
+9,400
| +2% | +$348K |
|