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 | |
|---|---|---|---|---|---|---|
776
Dropbox
DBX
$8.34B
| $14M | 0.01% |
467,500
-5,000
| -1% | -$150K |
|
777
Autoliv
ALV
$9.76B
| $14M | 0.01% |
149,700
-1,300
| -0.9% | -$122K |
|
778
VF Corp
VFC
$6.1B
| $14M | 0.01% |
650,600
+5,300
| +0.8% | +$114K |
|
779
Agree Realty
ADC
$8.17B
| $13.9M | 0.01% |
197,982
+1,500
| +0.8% | +$106K |
|
780
e.l.f. Beauty
ELF
$7.79B
| $13.9M | 0.01% |
110,900
+800
| +0.7% | +$100K |
|
781
AXIS Capital
AXS
$7.71B
| $13.9M | 0.01% |
157,100
| – | – |
|
782
Vail Resorts
MTN
$5.49B
| $13.8M | 0.01% |
73,700
+300
| +0.4% | +$56.2K |
|
783
MKS Inc. Common Stock
MKSI
$7.72B
| $13.8M | 0.01% |
132,300
+1,000
| +0.8% | +$104K |
|
784
Simpson Manufacturing
SSD
$8.07B
| $13.8M | 0.01% |
83,000
+700
| +0.9% | +$116K |
|
785
West Fraser Timber
WFG
$6.03B
| $13.7M | 0.01% |
158,638
-8,400
| -5% | -$727K |
|
786
Old National Bancorp
ONB
$8.75B
| $13.6M | 0.01% |
627,437
+3,600
| +0.6% | +$78.1K |
|
787
Frontier Communications
FYBR
$9.37B
| $13.6M | 0.01% |
391,800
+27,900
| +8% | +$968K |
|
788
ESAB
ESAB
$6.88B
| $13.5M | 0.01% |
112,900
+800
| +0.7% | +$96K |
|
789
FTI Consulting
FCN
$5.36B
| $13.5M | 0.01% |
70,600
+900
| +1% | +$172K |
|
790
UFP Industries
UFPI
$5.99B
| $13.5M | 0.01% |
119,750
-900
| -0.7% | -$101K |
|
|
AZEK
791
DELISTED
The AZEK Co
AZEK
| $13.5M | 0.01% |
284,050
| – | – |
|
792
ATI
ATI
$10.4B
| $13.5M | 0.01% |
244,800
+1,700
| +0.7% | +$93.6K |
|
793
Coca-Cola Consolidated
COKE
$10.8B
| $13.4M | 0.01% |
106,650
+1,000
| +0.9% | +$126K |
|
794
Freshpet
FRPT
$2.61B
| $13.4M | 0.01% |
90,650
+800
| +0.9% | +$118K |
|
795
SPS Commerce
SPSC
$4.27B
| $13.4M | 0.01% |
72,900
+600
| +0.8% | +$110K |
|
796
Vornado Realty Trust
VNO
$8.01B
| $13.4M | 0.01% |
318,517
+2,500
| +0.8% | +$105K |
|
797
Popular Inc
BPOP
$8.42B
| $13.4M | 0.01% |
142,300
+1,100
| +0.8% | +$103K |
|
798
Ryder
R
$7.7B
| $13.4M | 0.01% |
85,138
-400
| -0.5% | -$62.7K |
|
799
RLI Corp
RLI
$6.12B
| $13.3M | 0.01% |
161,800
+1,200
| +0.7% | +$98.9K |
|
800
Voya Financial
VOYA
$7.37B
| $13.3M | 0.01% |
193,400
-3,300
| -2% | -$227K |
|