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 |
Apple
AAPL
|
+$1.44B |
| 2 |
Microsoft
MSFT
|
+$1.16B |
| 3 |
Amazon
AMZN
|
+$797M |
| 4 |
Tesla
TSLA
|
+$537M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$441M |
Top Sells
| 1 |
XLNX
Xilinx Inc
XLNX
|
+$199M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$191M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
+$62.8M |
| 4 |
Exelon
EXC
|
+$46.4M |
| 5 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
+$43.9M |
Sector Composition
| 1 | Technology | 28.24% |
| 2 | Healthcare | 14.22% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Communication Services | 9.52% |
| 5 | Industrials | 8.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
801
Brunswick
BC
$4.3B
| $14.7M | 0.01% |
182,300
+11,800
| +7% | +$954K |
|
802
Descartes Systems
DSGX
$9.1B
| $14.7M | 0.01% |
201,400
+14,500
| +8% | +$1.06M |
|
803
Matador Resources
MTDR
$6.03B
| $14.7M | 0.01% |
277,402
+20,400
| +8% | +$1.08M |
|
804
SouthState Bank Corporation
SSB
$10.3B
| $14.7M | 0.01% |
180,137
+26,100
| +17% | +$2.13M |
|
805
Azenta
AZTA
$1.39B
| $14.6M | 0.01% |
175,800
+12,400
| +8% | +$1.03M |
|
806
Graphic Packaging
GPK
$6.14B
| $14.6M | 0.01% |
726,200
+50,500
| +7% | +$1.01M |
|
807
HF Sinclair
DINO
$9.55B
| $14.5M | 0.01% |
365,000
+25,300
| +7% | +$1.01M |
|
808
Sonoco
SON
$4.56B
| $14.5M | 0.01% |
232,500
+16,200
| +7% | +$1.01M |
|
809
Littelfuse
LFUS
$6.66B
| $14.5M | 0.01% |
58,248
+4,100
| +8% | +$1.02M |
|
810
ASGN Inc
ASGN
$2.28B
| $14.4M | 0.01% |
123,200
+6,800
| +6% | +$794K |
|
811
Polaris
PII
$3.34B
| $14.4M | 0.01% |
136,300
+9,600
| +8% | +$1.01M |
|
812
Harley-Davidson
HOG
$3.73B
| $14.3M | 0.01% |
363,900
+25,100
| +7% | +$989K |
|
|
MGP
813
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $14.3M | 0.01% |
370,501
+25,900
| +8% | +$1M |
|
814
Silicon Laboratories
SLAB
$4.41B
| $14.3M | 0.01% |
95,000
-3,600
| -4% | -$541K |
|
815
Emcor
EME
$28.9B
| $14.2M | 0.01% |
126,200
+7,900
| +7% | +$890K |
|
816
Cousins Properties
CUZ
$4.99B
| $14.2M | 0.01% |
351,633
+24,400
| +7% | +$983K |
|
817
TopBuild
BLD
$12B
| $14.1M | 0.01% |
77,921
+5,400
| +7% | +$980K |
|
818
First Financial Bankshares
FFIN
$5.08B
| $14.1M | 0.01% |
320,000
+22,400
| +8% | +$988K |
|
819
Rapid7
RPD
$1.28B
| $14.1M | 0.01% |
126,800
+10,100
| +9% | +$1.12M |
|
820
National Fuel Gas
NFG
$7.9B
| $14.1M | 0.01% |
204,900
+14,300
| +8% | +$982K |
|
821
WESCO International
WCC
$10.6B
| $14M | 0.01% |
107,275
+7,500
| +8% | +$976K |
|
822
Curtiss-Wright
CW
$19.2B
| $13.9M | 0.01% |
92,700
+2,700
| +3% | +$405K |
|
823
Rayonier
RYN
$4.1B
| $13.9M | 0.01% |
355,737
+28,901
| +9% | +$1.13M |
|
824
Douglas Emmett
DEI
$2.82B
| $13.9M | 0.01% |
415,000
+28,900
| +7% | +$966K |
|
825
nVent Electric
NVT
$15.5B
| $13.8M | 0.01% |
397,887
+27,800
| +8% | +$967K |
|