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 | |
|---|---|---|---|---|---|---|
826
monday.com
MNDY
$9.89B
| $11.7M | 0.01% |
+68,500
| New | +$11.7M |
|
|
AIRC
827
DELISTED
Apartment Income REIT Corp.
AIRC
| $11.7M | 0.01% |
324,584
+900
| +0.3% | +$32.5K |
|
828
HealthEquity
HQY
$7.96B
| $11.7M | 0.01% |
184,600
+2,200
| +1% | +$139K |
|
829
Bright Horizons
BFAM
$6.49B
| $11.6M | 0.01% |
125,879
+1,200
| +1% | +$111K |
|
830
The Ensign Group
ENSG
$9.75B
| $11.6M | 0.01% |
121,600
+7,800
| +7% | +$745K |
|
831
PVH
PVH
$3.95B
| $11.6M | 0.01% |
136,500
-4,300
| -3% | -$365K |
|
832
Bombardier Recreational Products
DOOO
$4.76B
| $11.6M | 0.01% |
136,844
-9,200
| -6% | -$779K |
|
833
Boyd Gaming
BYD
$6.9B
| $11.5M | 0.01% |
166,400
-2,600
| -2% | -$180K |
|
834
Organon & Co
OGN
$2.77B
| $11.5M | 0.01% |
553,875
+4,900
| +0.9% | +$102K |
|
835
Ionis Pharmaceuticals
IONS
$10.2B
| $11.5M | 0.01% |
280,100
+4,200
| +2% | +$172K |
|
836
Agilon Health
AGL
$448M
| $11.5M | 0.01% |
661,000
+216,500
| +49% | +$3.75M |
|
837
Thor Industries
THO
$5.83B
| $11.5M | 0.01% |
110,700
-5,100
| -4% | -$528K |
|
838
Natera
NTRA
$23.9B
| $11.4M | 0.01% |
234,300
+10,700
| +5% | +$521K |
|
839
Meritage Homes
MTH
$5.77B
| $11.4M | 0.01% |
160,200
+2,200
| +1% | +$156K |
|
840
Allison Transmission
ALSN
$7.57B
| $11.3M | 0.01% |
200,800
+1,200
| +0.6% | +$67.8K |
|
841
Acuity Brands
AYI
$10.4B
| $11.3M | 0.01% |
69,300
-100
| -0.1% | -$16.3K |
|
842
Idacorp
IDA
$6.79B
| $11.3M | 0.01% |
110,100
+1,000
| +0.9% | +$103K |
|
843
Prosperity Bancshares
PB
$6.44B
| $11.2M | 0.01% |
198,767
+1,700
| +0.9% | +$96K |
|
844
Maximus
MMS
$5.08B
| $11.2M | 0.01% |
132,307
+1,100
| +0.8% | +$93K |
|
845
RH
RH
$4.27B
| $11.1M | 0.01% |
33,630
-7,300
| -18% | -$2.41M |
|
846
Casella Waste Systems
CWST
$5.89B
| $11.1M | 0.01% |
122,300
+12,900
| +12% | +$1.17M |
|
|
XIFR
847
XPLR Infrastructure, LP
XIFR
$949M
| $11.1M | 0.01% |
188,500
+1,700
| +0.9% | +$99.7K |
|
848
Ralph Lauren
RL
$19.2B
| $11M | 0.01% |
89,500
+800
| +0.9% | +$98.6K |
|
849
Essent Group
ESNT
$6.33B
| $11M | 0.01% |
235,391
+2,900
| +1% | +$136K |
|
850
Taylor Morrison
TMHC
$7.03B
| $11M | 0.01% |
225,560
+3,400
| +2% | +$166K |
|