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 |
First Solar
FSLR
|
+$24.3M |
| 2 |
Lamb Weston
LW
|
+$21.6M |
| 3 |
Ovintiv
OVV
|
+$21.3M |
| 4 |
Hubbell
HUBB
|
+$21.3M |
| 5 |
U-Haul Holding Co Series N
UHAL.B
|
+$19.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$627M |
| 2 |
Microsoft
MSFT
|
+$479M |
| 3 |
Amazon
AMZN
|
+$203M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$169M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$150M |
Sector Composition
| 1 | Technology | 25.32% |
| 2 | Healthcare | 16.62% |
| 3 | Consumer Discretionary | 10.98% |
| 4 | Industrials | 9.74% |
| 5 | Consumer Staples | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
COUP
726
DELISTED
Coupa Software Incorporated
COUP
| $14.5M | 0.01% |
183,500
-139,591
| -43% | -$11.1M |
|
727
Pan American Silver
PAAS
$15.7B
| $14.5M | 0.01% |
887,800
-57,100
| -6% | -$932K |
|
728
Encompass Health
EHC
$12.6B
| $14.4M | 0.01% |
240,900
+4,200
| +2% | +$251K |
|
|
X
729
DELISTED
US Steel
X
| $14.3M | 0.01% |
572,800
-45,200
| -7% | -$1.13M |
|
730
Landstar System
LSTR
$4.47B
| $14.3M | 0.01% |
88,000
| – | – |
|
731
Sonoco
SON
$4.71B
| $14.3M | 0.01% |
235,400
+4,200
| +2% | +$255K |
|
|
CHX
732
DELISTED
ChampionX
CHX
| $14.2M | 0.01% |
490,022
+7,700
| +2% | +$223K |
|
|
XIFR
733
XPLR Infrastructure, LP
XIFR
$926M
| $14.2M | 0.01% |
202,600
+3,600
| +2% | +$252K |
|
734
Iridium Communications
IRDM
$1.93B
| $14.2M | 0.01% |
275,900
+2,700
| +1% | +$139K |
|
735
Clean Harbors
CLH
$12.6B
| $14.2M | 0.01% |
124,200
+1,600
| +1% | +$183K |
|
|
FLG
736
Flagstar Financial, Inc.
FLG
$5.13B
| $14.1M | 0.01% |
547,536
+178,369
| +48% | +$4.6M |
|
737
Concentrix
CNXC
$3.38B
| $14.1M | 0.01% |
105,985
+200
| +0.2% | +$26.6K |
|
738
Nutanix
NTNX
$21B
| $14.1M | 0.01% |
541,600
+18,600
| +4% | +$485K |
|
739
H&R Block
HRB
$6.71B
| $14.1M | 0.01% |
386,300
+7,900
| +2% | +$288K |
|
|
DISH
740
DELISTED
DISH Network Corp.
DISH
| $14.1M | 0.01% |
1,001,932
-64,947
| -6% | -$912K |
|
741
Commercial Metals
CMC
$6.54B
| $14.1M | 0.01% |
290,900
+2,800
| +1% | +$135K |
|
742
STAG Industrial
STAG
$6.7B
| $14M | 0.01% |
432,800
+7,800
| +2% | +$252K |
|
743
Flowers Foods
FLO
$2.85B
| $14M | 0.01% |
485,963
+8,300
| +2% | +$239K |
|
744
Valvoline
VVV
$5.11B
| $14M | 0.01% |
427,465
+5,000
| +1% | +$163K |
|
745
SouthState Bank Corporation
SSB
$10.2B
| $14M | 0.01% |
182,737
+3,800
| +2% | +$290K |
|
746
Texas Roadhouse
TXRH
$11B
| $14M | 0.01% |
153,400
-200
| -0.1% | -$18.2K |
|
747
Harley-Davidson
HOG
$3.63B
| $13.9M | 0.01% |
335,200
+3,200
| +1% | +$133K |
|
748
Chewy
CHWY
$15.3B
| $13.9M | 0.01% |
376,000
-27,050
| -7% | -$1M |
|
749
Oshkosh
OSK
$8.72B
| $13.9M | 0.01% |
157,900
+1,900
| +1% | +$168K |
|
750
WESCO International
WCC
$10.4B
| $13.8M | 0.01% |
110,375
+2,100
| +2% | +$263K |
|