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
|
+$1.44B |
| 2 |
Microsoft
MSFT
|
+$1.16B |
| 3 |
Amazon
AMZN
|
+$797M |
| 4 |
Tesla
TSLA
|
+$537M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$441M |
Top Sells
| 1 |
XLNX
Xilinx Inc
XLNX
|
+$199M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$191M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$62.8M |
| 4 |
Exelon
EXC
|
+$46.4M |
| 5 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
+$43.9M |
Sector Composition
| 1 | Technology | 28.24% |
| 2 | Healthcare | 14.22% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Communication Services | 9.52% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Hubbell
HUBB
$23.5B
| $23.6M | 0.01% |
128,600
+8,800
| +7% | +$1.62M |
|
652
Fox Class B
FOX
$23.1B
| $23.5M | 0.01% |
647,771
+74,400
| +13% | +$2.7M |
|
653
Repligen
RGEN
$6.77B
| $23.4M | 0.01% |
124,200
+9,200
| +8% | +$1.73M |
|
654
BJs Wholesale Club
BJ
$12.8B
| $23.2M | 0.01% |
343,700
+43,200
| +14% | +$2.92M |
|
655
GFL Environmental
GFL
$17.2B
| $23.2M | 0.01% |
713,800
+91,300
| +15% | +$2.97M |
|
656
Sunrun
RUN
$3.78B
| $23.1M | 0.01% |
762,130
+96,700
| +15% | +$2.94M |
|
657
Novavax
NVAX
$1.3B
| $22.9M | 0.01% |
311,100
+42,100
| +16% | +$3.1M |
|
658
Pure Storage
PSTG
$26.4B
| $22.6M | 0.01% |
640,400
+48,300
| +8% | +$1.71M |
|
|
NVEI
659
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $22.3M | 0.01% |
297,100
+72,900
| +33% | +$5.48M |
|
660
Axon Enterprise
AXON
$58.7B
| $22.3M | 0.01% |
161,900
+17,400
| +12% | +$2.4M |
|
661
Ciena
CIEN
$18.4B
| $22.2M | 0.01% |
366,400
+25,800
| +8% | +$1.56M |
|
662
AGCO
AGCO
$8.03B
| $22M | 0.01% |
150,400
+9,400
| +7% | +$1.37M |
|
|
NLSN
663
DELISTED
Nielsen Holdings plc
NLSN
| $22M | 0.01% |
806,200
+55,600
| +7% | +$1.51M |
|
664
Royal Gold
RGLD
$12.3B
| $21.9M | 0.01% |
155,200
+10,800
| +7% | +$1.53M |
|
665
Norwegian Cruise Line
NCLH
$11.5B
| $21.6M | 0.01% |
985,700
+68,300
| +7% | +$1.49M |
|
666
Middleby
MIDD
$7.01B
| $21.6M | 0.01% |
131,500
+9,000
| +7% | +$1.48M |
|
667
Kohl's
KSS
$1.78B
| $21.5M | 0.01% |
356,000
+12,200
| +4% | +$738K |
|
668
Toro Company
TTC
$7.7B
| $21.5M | 0.01% |
251,700
+16,100
| +7% | +$1.38M |
|
669
Lithia Motors
LAD
$8.65B
| $21.5M | 0.01% |
71,600
+5,000
| +8% | +$1.5M |
|
670
Tetra Tech
TTEK
$9.38B
| $21M | 0.01% |
637,000
+42,000
| +7% | +$1.39M |
|
671
Five Below
FIVE
$8.08B
| $21M | 0.01% |
132,459
+9,200
| +7% | +$1.46M |
|
672
Organon & Co
OGN
$2.67B
| $20.9M | 0.01% |
599,475
+41,500
| +7% | +$1.45M |
|
673
Pinnacle West Capital
PNW
$10.5B
| $20.8M | 0.01% |
266,700
+18,600
| +7% | +$1.45M |
|
|
ZNGA
674
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $20.8M | 0.01% |
2,251,453
+211,200
| +10% | +$1.95M |
|
675
Manhattan Associates
MANH
$12.8B
| $20.8M | 0.01% |
149,620
+10,100
| +7% | +$1.4M |
|