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 | |
|---|---|---|---|---|---|---|
701
Apellis Pharmaceuticals
APLS
$3.29B
| $16M | 0.01% |
175,700
-15,300
| -8% | -$1.39M |
|
702
Stantec
STN
$12.4B
| $16M | 0.01% |
244,670
+3,500
| +1% | +$229K |
|
703
TechnipFMC
FTI
$16.8B
| $16M | 0.01% |
960,800
+45,400
| +5% | +$755K |
|
704
Acadia Healthcare
ACHC
$1.94B
| $16M | 0.01% |
200,468
+4,100
| +2% | +$327K |
|
705
Axalta
AXTA
$6.7B
| $15.8M | 0.01% |
481,200
+5,000
| +1% | +$164K |
|
706
Littelfuse
LFUS
$6.54B
| $15.7M | 0.01% |
54,048
+600
| +1% | +$175K |
|
707
Primerica
PRI
$8.74B
| $15.7M | 0.01% |
79,500
-200
| -0.3% | -$39.6K |
|
708
OGE Energy
OGE
$8.85B
| $15.7M | 0.01% |
436,100
+4,000
| +0.9% | +$144K |
|
709
Omega Healthcare
OHI
$12.6B
| $15.7M | 0.01% |
510,000
+4,500
| +0.9% | +$138K |
|
710
Trex
TREX
$6.43B
| $15.5M | 0.01% |
236,800
| – | – |
|
711
Range Resources
RRC
$8.3B
| $15.5M | 0.01% |
526,200
+4,600
| +0.9% | +$135K |
|
712
Federal Realty Investment Trust
FRT
$8.67B
| $15.5M | 0.01% |
159,700
+1,900
| +1% | +$184K |
|
713
Old Republic International
ORI
$9.92B
| $15.4M | 0.01% |
612,900
-11,000
| -2% | -$277K |
|
714
Coherent
COHR
$16.1B
| $15.4M | 0.01% |
302,466
+3,100
| +1% | +$158K |
|
715
Skechers
SKX
$9.5B
| $15.4M | 0.01% |
292,700
+3,000
| +1% | +$158K |
|
716
Iridium Communications
IRDM
$1.91B
| $15.4M | 0.01% |
248,100
+4,000
| +2% | +$248K |
|
717
SoFi Technologies
SOFI
$30.6B
| $15.4M | 0.01% |
1,842,600
+540,700
| +42% | +$4.51M |
|
718
Brookfield Renewable
BEPC
$6.05B
| $15.4M | 0.01% |
486,150
-32,600
| -6% | -$1.03M |
|
719
Voya Financial
VOYA
$7.3B
| $15.3M | 0.01% |
213,800
+4,100
| +2% | +$294K |
|
720
Curtiss-Wright
CW
$18.7B
| $15.3M | 0.01% |
83,400
+800
| +1% | +$147K |
|
721
SPS Commerce
SPSC
$4.18B
| $15.3M | 0.01% |
79,600
+1,800
| +2% | +$346K |
|
722
Ingredion
INGR
$8.08B
| $15.2M | 0.01% |
143,600
+2,100
| +1% | +$222K |
|
723
Rambus
RMBS
$8.3B
| $15.2M | 0.01% |
237,000
+5,000
| +2% | +$321K |
|
724
First Industrial Realty Trust
FR
$6.77B
| $15.1M | 0.01% |
287,800
+2,600
| +0.9% | +$137K |
|
725
WIX.com
WIX
$9.13B
| $15.1M | 0.01% |
193,600
-33,400
| -15% | -$2.61M |
|