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 |
Exxon Mobil
XOM
|
+$151M |
| 2 |
GE Vernova
GEV
|
+$139M |
| 3 |
Ferrovial SE
FER
|
+$60.1M |
| 4 |
Strategy Inc Common Stock Class A
MSTR
|
+$24M |
| 5 |
Solventum
SOLV
|
+$22.9M |
Top Sells
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$184M |
| 2 |
GE Aerospace
GE
|
+$135M |
| 3 |
Apple
AAPL
|
+$117M |
| 4 |
Microsoft
MSFT
|
+$110M |
| 5 |
Meta Platforms (Facebook)
META
|
+$80.5M |
Sector Composition
| 1 | Technology | 33.84% |
| 2 | Healthcare | 12.16% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Communication Services | 9.35% |
| 5 | Industrials | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
651
Antero Resources
AR
$10.1B
| $18.5M | 0.01% |
567,100
+3,400
| +0.6% | +$111K |
|
652
Skechers
SKX
$9.5B
| $18.5M | 0.01% |
267,400
+3,500
| +1% | +$242K |
|
653
FirstService
FSV
$9.34B
| $18.5M | 0.01% |
121,500
+200
| +0.2% | +$30.4K |
|
654
AptarGroup
ATR
$8.91B
| $18.3M | 0.01% |
130,200
+400
| +0.3% | +$56.3K |
|
655
Murphy USA
MUSA
$7.21B
| $18.3M | 0.01% |
38,967
-900
| -2% | -$423K |
|
656
Churchill Downs
CHDN
$6.76B
| $18.2M | 0.01% |
130,400
-2,100
| -2% | -$293K |
|
657
Abercrombie & Fitch
ANF
$4.56B
| $17.9M | 0.01% |
100,400
+900
| +0.9% | +$160K |
|
658
CAE Inc
CAE
$8.45B
| $17.7M | 0.01% |
955,100
-6,200
| -0.6% | -$115K |
|
659
Regal Rexnord
RRX
$9.51B
| $17.7M | 0.01% |
130,817
-100
| -0.1% | -$13.5K |
|
660
Confluent
CFLT
$6.83B
| $17.7M | 0.01% |
598,818
+35,300
| +6% | +$1.04M |
|
661
Paylocity
PCTY
$9.32B
| $17.5M | 0.01% |
132,750
-1,900
| -1% | -$251K |
|
662
Fabrinet
FN
$13.2B
| $17.5M | 0.01% |
71,440
-300
| -0.4% | -$73.4K |
|
663
TD Synnex
SNX
$12.5B
| $17.4M | 0.01% |
151,185
+34,700
| +30% | +$4M |
|
664
Weatherford International
WFRD
$4.56B
| $17.4M | 0.01% |
142,300
+7,100
| +5% | +$869K |
|
665
Crocs
CROX
$4.42B
| $17.4M | 0.01% |
119,000
-500
| -0.4% | -$73K |
|
666
Gildan
GIL
$8.03B
| $17.3M | 0.01% |
455,600
-7,500
| -2% | -$284K |
|
667
U-Haul Holding Co Series N
UHAL.B
$9.81B
| $17.2M | 0.01% |
287,331
-3,400
| -1% | -$204K |
|
668
MKS Inc. Common Stock
MKSI
$7.44B
| $17.2M | 0.01% |
131,900
+6,500
| +5% | +$849K |
|
669
First Horizon
FHN
$11.4B
| $17.2M | 0.01% |
1,091,500
-11,800
| -1% | -$186K |
|
670
BWX Technologies
BWXT
$15.2B
| $17.1M | 0.01% |
179,700
-900
| -0.5% | -$85.5K |
|
671
Pinnacle West Capital
PNW
$10.5B
| $17.1M | 0.01% |
223,400
-500
| -0.2% | -$38.2K |
|
672
KBR
KBR
$6.32B
| $17M | 0.01% |
265,741
-900
| -0.3% | -$57.7K |
|
673
Stifel
SF
$11.5B
| $17M | 0.01% |
202,213
+900
| +0.4% | +$75.7K |
|
674
Donaldson
DCI
$9.36B
| $16.9M | 0.01% |
236,800
-400
| -0.2% | -$28.6K |
|
675
Encompass Health
EHC
$12.5B
| $16.9M | 0.01% |
197,000
-800
| -0.4% | -$68.6K |
|