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 |
L3Harris
LHX
|
+$148M |
| 2 |
GE HealthCare
GEHC
|
+$118M |
| 3 |
Atlassian
TEAM
|
+$101M |
| 4 |
Axon Enterprise
AXON
|
+$23.7M |
| 5 |
Reliance Steel & Aluminium
RS
|
+$22.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$360M |
| 2 |
Microsoft
MSFT
|
+$199M |
| 3 |
GE Aerospace
GE
|
+$131M |
| 4 |
NVIDIA
NVDA
|
+$99.2M |
| 5 |
Amazon
AMZN
|
+$85.4M |
Sector Composition
| 1 | Technology | 28.64% |
| 2 | Healthcare | 14.81% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Industrials | 9.44% |
| 5 | Communication Services | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
801
Eagle Materials
EXP
$7.69B
| $11.7M | 0.01% |
79,500
-11,500
| -13% | -$1.69M |
|
802
Encompass Health
EHC
$12.8B
| $11.6M | 0.01% |
215,300
-25,600
| -11% | -$1.38M |
|
803
SouthState Bank Corporation
SSB
$10.3B
| $11.6M | 0.01% |
163,337
-19,400
| -11% | -$1.38M |
|
804
GXO Logistics
GXO
$5.91B
| $11.6M | 0.01% |
230,413
-27,300
| -11% | -$1.38M |
|
805
Hyatt Hotels
H
$13.9B
| $11.6M | 0.01% |
103,900
-17,200
| -14% | -$1.92M |
|
|
AIRC
806
DELISTED
Apartment Income REIT Corp.
AIRC
| $11.6M | 0.01% |
323,684
-48,800
| -13% | -$1.75M |
|
807
Affiliated Managers Group
AMG
$6.69B
| $11.6M | 0.01% |
81,300
-11,000
| -12% | -$1.57M |
|
808
EXL Service
EXLS
$7.13B
| $11.5M | 0.01% |
356,840
-42,000
| -11% | -$1.36M |
|
809
Timken Company
TKR
$5.47B
| $11.5M | 0.01% |
141,300
-18,300
| -11% | -$1.5M |
|
810
Tenable Holdings
TENB
$3.68B
| $11.5M | 0.01% |
242,900
-26,700
| -10% | -$1.27M |
|
811
Light & Wonder
LNW
$7.42B
| $11.5M | 0.01% |
192,100
-24,300
| -11% | -$1.46M |
|
812
Trex
TREX
$6.65B
| $11.5M | 0.01% |
236,800
-29,400
| -11% | -$1.43M |
|
813
Chart Industries
GTLS
$8.97B
| $11.5M | 0.01% |
91,900
-10,800
| -11% | -$1.35M |
|
814
Concentrix
CNXC
$3.39B
| $11.5M | 0.01% |
94,785
-11,200
| -11% | -$1.36M |
|
815
Chord Energy
CHRD
$6B
| $11.5M | 0.01% |
85,310
-9,700
| -10% | -$1.31M |
|
816
MKS Inc. Common Stock
MKSI
$7.74B
| $11.4M | 0.01% |
129,200
-15,300
| -11% | -$1.36M |
|
817
Bombardier Recreational Products
DOOO
$4.75B
| $11.4M | 0.01% |
146,044
-7,100
| -5% | -$555K |
|
818
Ashland
ASH
$2.49B
| $11.4M | 0.01% |
111,000
-13,200
| -11% | -$1.36M |
|
819
Coherent
COHR
$16.1B
| $11.4M | 0.01% |
299,366
-16,600
| -5% | -$632K |
|
|
NVEI
820
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $11.4M | 0.01% |
262,000
-12,400
| -5% | -$540K |
|
821
Harley-Davidson
HOG
$3.73B
| $11.4M | 0.01% |
299,800
-35,400
| -11% | -$1.34M |
|
|
XIFR
822
XPLR Infrastructure, LP
XIFR
$943M
| $11.3M | 0.01% |
186,800
-15,800
| -8% | -$960K |
|
823
Clarivate
CLVT
$2.94B
| $11.3M | 0.01% |
1,200,900
-22,800
| -2% | -$214K |
|
824
Comfort Systems
FIX
$27B
| $11.3M | 0.01% |
77,200
-9,100
| -11% | -$1.33M |
|
825
Morningstar
MORN
$10.8B
| $11.2M | 0.01% |
55,000
-6,500
| -11% | -$1.32M |
|