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 | |
|---|---|---|---|---|---|---|
776
DXC Technology
DXC
$2.55B
| $13.2M | 0.01% |
495,700
-900
| -0.2% | -$24K |
|
777
UFP Industries
UFPI
$5.84B
| $13.2M | 0.01% |
135,950
+2,900
| +2% | +$281K |
|
778
Starwood Property Trust
STWD
$7.6B
| $13.1M | 0.01% |
676,365
+8,200
| +1% | +$159K |
|
779
Axcelis
ACLS
$2.62B
| $13.1M | 0.01% |
71,300
+400
| +0.6% | +$73.3K |
|
780
Wingstop
WING
$7.84B
| $13.1M | 0.01% |
65,300
+700
| +1% | +$140K |
|
781
Timken Company
TKR
$5.32B
| $13M | 0.01% |
142,300
+1,000
| +0.7% | +$91.5K |
|
782
Medpace
MEDP
$13.4B
| $12.9M | 0.01% |
53,700
| – | – |
|
783
Matador Resources
MTDR
$6.16B
| $12.9M | 0.01% |
246,302
-8,800
| -3% | -$460K |
|
784
Wyndham Hotels & Resorts
WH
$6.43B
| $12.9M | 0.01% |
187,700
-3,000
| -2% | -$206K |
|
785
Simpson Manufacturing
SSD
$7.97B
| $12.9M | 0.01% |
92,800
+800
| +0.9% | +$111K |
|
786
Agree Realty
ADC
$7.96B
| $12.8M | 0.01% |
196,482
+5,300
| +3% | +$347K |
|
787
FIVE9
FIVN
$1.95B
| $12.8M | 0.01% |
155,700
+3,500
| +2% | +$289K |
|
788
Guidewire Software
GWRE
$21.3B
| $12.8M | 0.01% |
168,700
+800
| +0.5% | +$60.9K |
|
789
First American
FAF
$6.74B
| $12.8M | 0.01% |
224,900
+1,400
| +0.6% | +$79.8K |
|
790
SiriusXM
SIRI
$8.02B
| $12.8M | 0.01% |
282,490
-25,510
| -8% | -$1.16M |
|
791
Tencent Music
TME
$39.2B
| $12.8M | 0.01% |
1,733,930
-198,923
| -10% | -$1.47M |
|
792
Comfort Systems
FIX
$26.5B
| $12.8M | 0.01% |
77,800
+600
| +0.8% | +$98.5K |
|
793
Clarivate
CLVT
$2.85B
| $12.7M | 0.01% |
1,335,800
+134,900
| +11% | +$1.29M |
|
794
AGNC Investment
AGNC
$10.8B
| $12.7M | 0.01% |
1,252,000
+18,200
| +1% | +$184K |
|
795
Jefferies Financial Group
JEF
$13.5B
| $12.6M | 0.01% |
381,200
-14,200
| -4% | -$471K |
|
796
New York Times
NYT
$9.37B
| $12.6M | 0.01% |
321,000
-34,400
| -10% | -$1.35M |
|
797
Selective Insurance
SIGI
$4.75B
| $12.6M | 0.01% |
131,700
+1,600
| +1% | +$154K |
|
798
Sonoco
SON
$4.54B
| $12.6M | 0.01% |
213,300
+2,800
| +1% | +$165K |
|
799
e.l.f. Beauty
ELF
$7.63B
| $12.6M | 0.01% |
110,200
+1,700
| +2% | +$194K |
|
800
Commerce Bancshares
CBSH
$8B
| $12.6M | 0.01% |
284,606
+16,207
| +6% | +$716K |
|