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 | |
|---|---|---|---|---|---|---|
|
LSXMK
651
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $19.3M | 0.01% |
761,042
-78,880
| -9% | -$2M |
|
652
Erie Indemnity
ERIE
$17.3B
| $19.2M | 0.01% |
91,420
-9,200
| -9% | -$1.93M |
|
653
Emcor
EME
$28.3B
| $19.2M | 0.01% |
103,800
+900
| +0.9% | +$166K |
|
654
Toll Brothers
TOL
$13.9B
| $19.1M | 0.01% |
241,100
+8,700
| +4% | +$688K |
|
655
Americold
COLD
$3.82B
| $19M | 0.01% |
588,100
+6,600
| +1% | +$213K |
|
656
Tetra Tech
TTEK
$9.32B
| $19M | 0.01% |
579,000
+7,000
| +1% | +$229K |
|
657
Lamar Advertising Co
LAMR
$13B
| $18.9M | 0.01% |
190,438
+2,100
| +1% | +$208K |
|
658
Clean Harbors
CLH
$12.7B
| $18.7M | 0.01% |
113,500
+2,600
| +2% | +$428K |
|
659
Sarepta Therapeutics
SRPT
$1.87B
| $18.6M | 0.01% |
162,783
-7,717
| -5% | -$884K |
|
660
nVent Electric
NVT
$15.4B
| $18.6M | 0.01% |
360,687
+1,200
| +0.3% | +$62K |
|
661
Interactive Brokers
IBKR
$27.8B
| $18.6M | 0.01% |
897,200
+53,200
| +6% | +$1.1M |
|
662
Huazhu Hotels Group
HTHT
$11.4B
| $18.5M | 0.01% |
476,787
-34,560
| -7% | -$1.34M |
|
663
West Fraser Timber
WFG
$5.83B
| $18.4M | 0.01% |
214,038
-18,800
| -8% | -$1.62M |
|
664
TopBuild
BLD
$11.9B
| $18.4M | 0.01% |
69,121
+100
| +0.1% | +$26.6K |
|
665
BJs Wholesale Club
BJ
$12.9B
| $18.4M | 0.01% |
291,500
+1,300
| +0.4% | +$81.9K |
|
666
Lithia Motors
LAD
$8.8B
| $18.2M | 0.01% |
59,900
+900
| +2% | +$274K |
|
667
AGCO
AGCO
$8.11B
| $18.2M | 0.01% |
138,500
+1,600
| +1% | +$210K |
|
668
Advanced Drainage Systems
WMS
$11B
| $18.1M | 0.01% |
159,200
+16,100
| +11% | +$1.83M |
|
669
WESCO International
WCC
$10.5B
| $18M | 0.01% |
100,375
+1,600
| +2% | +$286K |
|
670
Kinsale Capital Group
KNSL
$10.3B
| $17.9M | 0.01% |
47,962
+600
| +1% | +$225K |
|
671
Williams-Sonoma
WSM
$24.8B
| $17.9M | 0.01% |
285,800
-1,600
| -0.6% | -$100K |
|
672
Southern Copper
SCCO
$82.1B
| $17.7M | 0.01% |
259,509
-20,995
| -7% | -$1.43M |
|
673
Chemed
CHE
$6.68B
| $17.7M | 0.01% |
32,700
+600
| +2% | +$325K |
|
674
U-Haul Holding Co Series N
UHAL.B
$9.9B
| $17.7M | 0.01% |
349,031
-300
| -0.1% | -$15.2K |
|
|
AZPN
675
DELISTED
Aspen Technology Inc
AZPN
| $17.7M | 0.01% |
105,500
-9,400
| -8% | -$1.58M |
|