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 |
NVIDIA
NVDA
|
+$757M |
| 2 |
Microsoft
MSFT
|
+$725M |
| 3 |
Apple
AAPL
|
+$628M |
| 4 |
Amazon
AMZN
|
+$487M |
| 5 |
Meta Platforms (Facebook)
META
|
+$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
+$121M |
| 2 |
KE Holdings
BEKE
|
+$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
+$24.4M |
| 4 |
X
US Steel
X
|
+$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
826
Stride
LRN
$6.95B
| $12.1M | 0.01% |
83,200
-1,300
| -2% | -$189K |
|
827
Wyndham Hotels & Resorts
WH
$6.61B
| $12M | 0.01% |
148,000
-2,800
| -2% | -$227K |
|
828
West Fraser Timber
WFG
$5.99B
| $12M | 0.01% |
164,138
+8,800
| +6% | +$643K |
|
829
Essent Group
ESNT
$6.33B
| $12M | 0.01% |
197,391
-8,300
| -4% | -$504K |
|
830
Essential Properties Realty Trust
EPRT
$5.93B
| $12M | 0.01% |
374,500
+34,800
| +10% | +$1.11M |
|
831
Taylor Morrison
TMHC
$6.91B
| $11.9M | 0.01% |
194,260
-6,200
| -3% | -$381K |
|
|
JBTM
832
JBT Marel Corporation
JBTM
$7.18B
| $11.9M | 0.01% |
99,200
+9,700
| +11% | +$1.17M |
|
833
Mine Safety
MSA
$6.62B
| $11.9M | 0.01% |
71,200
-1,200
| -2% | -$201K |
|
834
Vornado Realty Trust
VNO
$8.21B
| $11.9M | 0.01% |
311,817
-2,100
| -0.7% | -$80.3K |
|
|
SNDK
835
Sandisk Corporation Common Stock
SNDK
$12.2B
| $11.9M | 0.01% |
262,802
+39,900
| +18% | +$1.81M |
|
836
Idacorp
IDA
$6.8B
| $11.9M | 0.01% |
103,200
| – | – |
|
837
Fortune Brands Innovations
FBIN
$7.19B
| $11.9M | 0.01% |
231,300
-119,100
| -34% | -$6.13M |
|
838
KBR
KBR
$6.42B
| $11.9M | 0.01% |
247,841
-10,300
| -4% | -$494K |
|
839
Air Lease Corp
AL
$7.1B
| $11.9M | 0.01% |
202,800
-2,200
| -1% | -$129K |
|
840
Kanzhun
BZ
$11.3B
| $11.8M | 0.01% |
661,666
+62,300
| +10% | +$1.11M |
|
841
Jazz Pharmaceuticals
JAZZ
$7.69B
| $11.7M | 0.01% |
110,200
-1,100
| -1% | -$117K |
|
842
Hanover Insurance
THG
$6.45B
| $11.7M | 0.01% |
68,800
-1,000
| -1% | -$170K |
|
843
Bath & Body Works
BBWI
$5.6B
| $11.7M | 0.01% |
388,900
-9,700
| -2% | -$291K |
|
844
Coca-Cola Consolidated
COKE
$10.6B
| $11.6M | 0.01% |
103,850
-1,800
| -2% | -$201K |
|
845
Shift4
FOUR
$6.05B
| $11.5M | 0.01% |
116,500
-1,600
| -1% | -$159K |
|
846
UFP Industries
UFPI
$5.87B
| $11.5M | 0.01% |
116,150
-1,500
| -1% | -$149K |
|
847
Caesars Entertainment
CZR
$5.31B
| $11.5M | 0.01% |
405,100
-6,600
| -2% | -$187K |
|
848
Darling Ingredients
DAR
$5.01B
| $11.5M | 0.01% |
302,200
-5,900
| -2% | -$224K |
|
849
Itron
ITRI
$5.48B
| $11.5M | 0.01% |
87,000
-400
| -0.5% | -$52.7K |
|
850
Rithm Capital
RITM
$6.58B
| $11.4M | 0.01% |
1,013,205
+6,300
| +0.6% | +$71.1K |
|