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 |
Spotify
SPOT
|
+$189M |
| 2 |
Boeing
BA
|
+$57.2M |
| 3 |
Carvana
CVNA
|
+$23.2M |
| 4 |
ConocoPhillips
COP
|
+$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
+$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$500M |
| 2 |
Microsoft
MSFT
|
+$426M |
| 3 |
Amazon
AMZN
|
+$245M |
| 4 |
Meta Platforms (Facebook)
META
|
+$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
876
Tower Semiconductor
TSEM
$7.38B
| $11.3M | 0.01% |
218,172
| – | – |
|
877
NOV
NOV
$4.94B
| $11.3M | 0.01% |
772,200
| – | – |
|
878
Terreno Realty
TRNO
$6.06B
| $11.3M | 0.01% |
190,600
+1,800
| +1% | +$106K |
|
879
Nova
NVMI
$8.55B
| $11.2M | 0.01% |
57,052
| – | – |
|
880
Commercial Metals
CMC
$6.63B
| $11.2M | 0.01% |
226,200
+1,600
| +0.7% | +$79.4K |
|
881
Colliers International
CIGI
$8.55B
| $11.2M | 0.01% |
82,500
-4,000
| -5% | -$544K |
|
882
Hamilton Lane
HLNE
$6.75B
| $11.2M | 0.01% |
75,700
+500
| +0.7% | +$74K |
|
883
Glacier Bancorp
GBCI
$5.8B
| $11.2M | 0.01% |
223,021
+1,600
| +0.7% | +$80.4K |
|
884
Rambus
RMBS
$9.53B
| $11.2M | 0.01% |
211,800
+1,300
| +0.6% | +$68.7K |
|
885
Selective Insurance
SIGI
$4.85B
| $11.2M | 0.01% |
119,600
+900
| +0.8% | +$84.2K |
|
886
Moog
MOG.A
$6.38B
| $11.1M | 0.01% |
56,600
+500
| +0.9% | +$98.4K |
|
887
Columbia Banking Systems
COLB
$7.87B
| $11.1M | 0.01% |
412,021
+3,300
| +0.8% | +$89.1K |
|
888
Federal Signal
FSS
$7.77B
| $11.1M | 0.01% |
120,200
+900
| +0.8% | +$83.2K |
|
889
Group 1 Automotive
GPI
$6.32B
| $11.1M | 0.01% |
26,300
-200
| -0.8% | -$84.3K |
|
890
Merit Medical Systems
MMSI
$5.34B
| $11.1M | 0.01% |
114,500
+1,000
| +0.9% | +$96.7K |
|
891
Rithm Capital
RITM
$6.65B
| $11.1M | 0.01% |
1,022,205
+78,500
| +8% | +$850K |
|
892
Vontier
VNT
$6.34B
| $11M | 0.01% |
301,400
| – | – |
|
893
Meritage Homes
MTH
$5.77B
| $11M | 0.01% |
142,800
+1,000
| +0.7% | +$76.9K |
|
894
Watts Water Technologies
WTS
$9.47B
| $11M | 0.01% |
53,900
+400
| +0.7% | +$81.3K |
|
895
Hanover Insurance
THG
$6.51B
| $10.9M | 0.01% |
70,700
+500
| +0.7% | +$77.3K |
|
896
CNX Resources
CNX
$4.23B
| $10.9M | 0.01% |
297,358
-1,800
| -0.6% | -$66K |
|
897
Kite Realty
KRG
$5B
| $10.9M | 0.01% |
431,997
+3,300
| +0.8% | +$83.3K |
|
898
Saic
SAIC
$4.9B
| $10.9M | 0.01% |
97,415
-2,600
| -3% | -$291K |
|
|
QXO
899
QXO Inc
QXO
$14.3B
| $10.9M | 0.01% |
+684,500
| New | +$10.9M |
|
|
BPMC
900
DELISTED
Blueprint Medicines
BPMC
| $10.9M | 0.01% |
124,600
+8,400
| +7% | +$733K |
|