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 | |
|---|---|---|---|---|---|---|
926
AMN Healthcare
AMN
$751M
| $9.61M | 0.01% |
88,100
-5,400
| -6% | -$589K |
|
927
Air Lease Corp
AL
$7.11B
| $9.61M | 0.01% |
229,600
+2,300
| +1% | +$96.3K |
|
928
Home BancShares
HOMB
$5.82B
| $9.6M | 0.01% |
421,207
+3,000
| +0.7% | +$68.4K |
|
929
Element Solutions
ESI
$6.24B
| $9.58M | 0.01% |
499,189
+2,800
| +0.6% | +$53.8K |
|
930
Rayonier
RYN
$4.04B
| $9.58M | 0.01% |
320,531
-11,560
| -3% | -$345K |
|
931
Western Union
WU
$2.74B
| $9.56M | 0.01% |
815,100
-18,400
| -2% | -$216K |
|
932
Legend Biotech
LEGN
$6.24B
| $9.54M | 0.01% |
138,194
-9,700
| -7% | -$670K |
|
933
Lincoln National
LNC
$7.88B
| $9.51M | 0.01% |
369,100
+3,800
| +1% | +$97.9K |
|
934
Popular Inc
BPOP
$8.45B
| $9.5M | 0.01% |
156,900
| – | – |
|
935
Aaon
AAON
$6.93B
| $9.5M | 0.01% |
150,225
+12,450
| +9% | +$787K |
|
936
AXIS Capital
AXS
$7.59B
| $9.48M | 0.01% |
176,200
+2,600
| +1% | +$140K |
|
937
Macy's
M
$4.67B
| $9.48M | 0.01% |
590,900
+6,000
| +1% | +$96.3K |
|
|
SYNH
938
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $9.47M | 0.01% |
224,777
+2,700
| +1% | +$114K |
|
939
Pinnacle Financial Partners
PNFP
$7.59B
| $9.45M | 0.01% |
166,861
+1,800
| +1% | +$102K |
|
|
BCPC
940
Balchem Corporation
BCPC
$5.05B
| $9.45M | 0.01% |
70,100
+700
| +1% | +$94.4K |
|
941
Shoals Technologies Group
SHLS
$1.16B
| $9.44M | 0.01% |
369,500
+8,000
| +2% | +$204K |
|
942
Marriott Vacations Worldwide
VAC
$2.64B
| $9.42M | 0.01% |
76,736
-1,900
| -2% | -$233K |
|
943
Badger Meter
BMI
$5.23B
| $9.41M | 0.01% |
63,800
+700
| +1% | +$103K |
|
944
Ormat Technologies
ORA
$5.56B
| $9.41M | 0.01% |
116,934
+20,200
| +21% | +$1.63M |
|
|
DEN
945
DELISTED
Denbury Inc.
DEN
| $9.36M | 0.01% |
108,500
+1,000
| +0.9% | +$86.3K |
|
946
Crane Co
CR
$10.7B
| $9.35M | 0.01% |
+104,900
| New | +$9.35M |
|
947
Haemonetics
HAE
$2.59B
| $9.35M | 0.01% |
109,800
+600
| +0.5% | +$51.1K |
|
|
SRCL
948
DELISTED
Stericycle Inc
SRCL
| $9.35M | 0.01% |
201,300
+2,300
| +1% | +$107K |
|
949
Insperity
NSP
$1.93B
| $9.31M | 0.01% |
78,300
+500
| +0.6% | +$59.5K |
|
|
BECN
950
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.29M | 0.01% |
112,000
-400
| -0.4% | -$33.2K |
|