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 | |
|---|---|---|---|---|---|---|
851
Ionis Pharmaceuticals
IONS
$10.1B
| $11.4M | 0.01% |
288,600
+13,300
| +5% | +$525K |
|
852
RLI Corp
RLI
$6.17B
| $11.4M | 0.01% |
157,700
-2,100
| -1% | -$152K |
|
853
Lincoln National
LNC
$7.99B
| $11.3M | 0.01% |
326,200
-3,800
| -1% | -$131K |
|
854
Archer Aviation
ACHR
$5.61B
| $11.3M | 0.01% |
1,039,900
+311,000
| +43% | +$3.37M |
|
855
Gates Industrial
GTES
$6.63B
| $11.2M | 0.01% |
488,000
-5,500
| -1% | -$127K |
|
856
Celanese
CE
$5B
| $11.2M | 0.01% |
202,718
-9,100
| -4% | -$504K |
|
857
Vail Resorts
MTN
$5.35B
| $11.2M | 0.01% |
71,300
-1,300
| -2% | -$204K |
|
858
Hamilton Lane
HLNE
$6.56B
| $11.2M | 0.01% |
78,600
+1,700
| +2% | +$242K |
|
859
Vipshop
VIPS
$8.95B
| $11.2M | 0.01% |
741,936
| – | – |
|
860
Cadence Bank
CADE
$7.05B
| $11.2M | 0.01% |
349,153
-4,900
| -1% | -$157K |
|
861
AutoNation
AN
$8.38B
| $11.2M | 0.01% |
56,200
+6,300
| +13% | +$1.25M |
|
862
Glaukos
GKOS
$4.82B
| $11.2M | 0.01% |
108,000
+1,100
| +1% | +$114K |
|
863
American Healthcare REIT
AHR
$7.24B
| $11.1M | 0.01% |
303,300
+6,800
| +2% | +$250K |
|
864
Trex
TREX
$6.52B
| $11.1M | 0.01% |
204,800
-2,700
| -1% | -$147K |
|
865
GXO Logistics
GXO
$5.88B
| $11.1M | 0.01% |
228,313
-3,100
| -1% | -$151K |
|
866
Dropbox
DBX
$8.35B
| $11.1M | 0.01% |
387,400
-47,000
| -11% | -$1.34M |
|
867
FTI Consulting
FCN
$5.35B
| $11.1M | 0.01% |
68,600
-1,100
| -2% | -$178K |
|
868
Guardant Health
GH
$6.79B
| $11M | 0.01% |
212,100
-27,200
| -11% | -$1.42M |
|
869
Terreno Realty
TRNO
$6.08B
| $11M | 0.01% |
196,700
+3,500
| +2% | +$196K |
|
870
InterDigital
IDCC
$8.38B
| $11M | 0.01% |
49,100
| – | – |
|
871
Chord Energy
CHRD
$5.98B
| $11M | 0.01% |
113,622
-4,800
| -4% | -$465K |
|
872
BridgeBio Pharma
BBIO
$9.87B
| $11M | 0.01% |
254,400
+16,400
| +7% | +$708K |
|
873
CareTrust REIT
CTRE
$7.63B
| $11M | 0.01% |
358,549
-4,400
| -1% | -$135K |
|
874
Varonis Systems
VRNS
$6.32B
| $10.9M | 0.01% |
214,954
-2,900
| -1% | -$147K |
|
875
Group 1 Automotive
GPI
$6.06B
| $10.9M | 0.01% |
24,900
-900
| -3% | -$393K |
|