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 |
NVIDIA
NVDA
|
+$757M |
| 2 |
Microsoft
MSFT
|
+$725M |
| 3 |
Apple
AAPL
|
+$628M |
| 4 |
Amazon
AMZN
|
+$487M |
| 5 |
Meta Platforms (Facebook)
META
|
+$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
+$121M |
| 2 |
KE Holdings
BEKE
|
+$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
+$24.4M |
| 4 |
X
US Steel
X
|
+$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
726
Cullen/Frost Bankers
CFR
$8.23B
| $15M | 0.01% |
116,600
-1,500
| -1% | -$193K |
|
727
SPX Corp
SPXC
$9.4B
| $15M | 0.01% |
89,318
-500
| -0.6% | -$83.8K |
|
728
Agree Realty
ADC
$8.16B
| $15M | 0.01% |
204,982
+4,500
| +2% | +$329K |
|
729
Comerica
CMA
$8.93B
| $15M | 0.01% |
250,700
-4,100
| -2% | -$245K |
|
730
UGI
UGI
$7.49B
| $14.9M | 0.01% |
410,400
-5,600
| -1% | -$204K |
|
|
AZEK
731
DELISTED
The AZEK Co
AZEK
| $14.9M | 0.01% |
274,950
-3,200
| -1% | -$174K |
|
732
Nextracker
NXT
$9.99B
| $14.9M | 0.01% |
274,620
-3,700
| -1% | -$201K |
|
|
PRMB
733
Primo Brands Corporation
PRMB
$9.08B
| $14.9M | 0.01% |
503,051
+101,200
| +25% | +$3M |
|
734
CAVA Group
CAVA
$7.46B
| $14.9M | 0.01% |
176,600
+10,200
| +6% | +$859K |
|
|
PARA
735
DELISTED
Paramount Global Class B
PARA
| $14.9M | 0.01% |
1,152,688
| – | – |
|
736
Federal Realty Investment Trust
FRT
$8.78B
| $14.8M | 0.01% |
155,600
+7,500
| +5% | +$712K |
|
737
Middleby
MIDD
$7.03B
| $14.8M | 0.01% |
102,500
-1,800
| -2% | -$259K |
|
738
Brown-Forman Class B
BF.B
$13B
| $14.8M | 0.01% |
548,418
+36,300
| +7% | +$977K |
|
739
Masimo
MASI
$7.94B
| $14.8M | 0.01% |
87,700
-500
| -0.6% | -$84.1K |
|
740
Maplebear
CART
$12.1B
| $14.8M | 0.01% |
326,100
+52,400
| +19% | +$2.37M |
|
741
A.O. Smith
AOS
$10.4B
| $14.7M | 0.01% |
224,400
-113,000
| -33% | -$7.41M |
|
742
Procore
PCOR
$10.6B
| $14.7M | 0.01% |
214,700
+13,100
| +6% | +$896K |
|
743
Zions Bancorporation
ZION
$8.6B
| $14.6M | 0.01% |
282,000
-4,200
| -1% | -$218K |
|
744
Commault Systems
CVLT
$8.04B
| $14.6M | 0.01% |
84,000
-700
| -0.8% | -$122K |
|
745
Alcoa
AA
$8.36B
| $14.6M | 0.01% |
494,613
-5,900
| -1% | -$174K |
|
746
Popular Inc
BPOP
$8.43B
| $14.6M | 0.01% |
132,400
-5,800
| -4% | -$639K |
|
747
Murphy USA
MUSA
$7.59B
| $14.6M | 0.01% |
35,867
-1,400
| -4% | -$570K |
|
748
UMB Financial
UMBF
$9.24B
| $14.6M | 0.01% |
138,720
-1,600
| -1% | -$168K |
|
749
Qorvo
QRVO
$8.12B
| $14.4M | 0.01% |
169,445
-4,600
| -3% | -$391K |
|
750
AES
AES
$9.15B
| $14.3M | 0.01% |
1,360,200
-17,800
| -1% | -$187K |
|