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 |
Spotify
SPOT
|
+$189M |
| 2 |
Boeing
BA
|
+$57.2M |
| 3 |
Carvana
CVNA
|
+$23.2M |
| 4 |
ConocoPhillips
COP
|
+$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
+$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$500M |
| 2 |
Microsoft
MSFT
|
+$426M |
| 3 |
Amazon
AMZN
|
+$245M |
| 4 |
Meta Platforms (Facebook)
META
|
+$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
676
Primerica
PRI
$8.74B
| $18M | 0.01% |
66,500
-700
| -1% | -$190K |
|
677
Bio-Rad Laboratories Class A
BIO
$7.49B
| $18M | 0.01% |
54,700
-4,400
| -7% | -$1.45M |
|
678
Southern Copper
SCCO
$82.9B
| $17.9M | 0.01% |
202,289
-412
| -0.2% | -$36.5K |
|
679
Vaxcyte
PCVX
$4.15B
| $17.9M | 0.01% |
219,000
+38,400
| +21% | +$3.14M |
|
680
CAVA Group
CAVA
$7.56B
| $17.8M | 0.01% |
157,400
+46,000
| +41% | +$5.19M |
|
681
CACI
CACI
$10.7B
| $17.7M | 0.01% |
43,900
+300
| +0.7% | +$121K |
|
682
Acuity Brands
AYI
$10.1B
| $17.7M | 0.01% |
60,500
+500
| +0.8% | +$146K |
|
683
TD Synnex
SNX
$12.5B
| $17.6M | 0.01% |
150,285
| – | – |
|
684
Ingredion
INGR
$8.08B
| $17.6M | 0.01% |
127,900
-300
| -0.2% | -$41.3K |
|
685
Skechers
SKX
$9.5B
| $17.6M | 0.01% |
261,500
+2,900
| +1% | +$195K |
|
686
U-Haul Holding Co Series N
UHAL.B
$9.83B
| $17.6M | 0.01% |
274,231
-13,100
| -5% | -$839K |
|
687
Old Republic International
ORI
$9.92B
| $17.5M | 0.01% |
483,000
-21,000
| -4% | -$760K |
|
688
Paylocity
PCTY
$9.34B
| $17.5M | 0.01% |
87,500
-800
| -0.9% | -$160K |
|
689
Pinnacle Financial Partners
PNFP
$7.58B
| $17.4M | 0.01% |
151,961
+1,100
| +0.7% | +$126K |
|
690
Churchill Downs
CHDN
$6.77B
| $17.3M | 0.01% |
129,900
+700
| +0.5% | +$93.5K |
|
691
Penumbra
PEN
$10.6B
| $17.2M | 0.01% |
72,500
+600
| +0.8% | +$142K |
|
692
Medpace
MEDP
$13.4B
| $17.2M | 0.01% |
51,800
+300
| +0.6% | +$99.7K |
|
693
Western Alliance Bancorporation
WAL
$9.8B
| $17.2M | 0.01% |
205,700
+1,400
| +0.7% | +$117K |
|
694
Range Resources
RRC
$8.3B
| $17.1M | 0.01% |
476,200
+2,600
| +0.5% | +$93.5K |
|
695
Liberty Broadband Class C
LBRDK
$8.67B
| $17.1M | 0.01% |
229,068
+1,600
| +0.7% | +$120K |
|
696
Royal Gold
RGLD
$12.3B
| $17M | 0.01% |
129,300
+900
| +0.7% | +$119K |
|
697
Elastic
ESTC
$9.56B
| $17M | 0.01% |
171,800
+3,000
| +2% | +$297K |
|
698
MasTec
MTZ
$15B
| $17M | 0.01% |
124,600
+400
| +0.3% | +$54.5K |
|
699
BILL Holdings
BILL
$5.38B
| $16.9M | 0.01% |
199,400
+2,500
| +1% | +$212K |
|
700
Permian Resources
PR
$9.99B
| $16.9M | 0.01% |
1,173,348
+162,600
| +16% | +$2.34M |
|