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 | |
|---|---|---|---|---|---|---|
926
Piper Sandler
PIPR
$6.13B
| $10.4M | 0.01% |
34,800
+200
| +0.6% | +$60K |
|
927
Vipshop
VIPS
$8.95B
| $10.4M | 0.01% |
773,836
-69,626
| -8% | -$938K |
|
|
BCPC
928
Balchem Corporation
BCPC
$5.17B
| $10.4M | 0.01% |
63,800
+500
| +0.8% | +$81.5K |
|
929
National Fuel Gas
NFG
$7.95B
| $10.3M | 0.01% |
170,500
| – | – |
|
930
Cytokinetics
CYTK
$6.38B
| $10.3M | 0.01% |
219,800
+4,300
| +2% | +$202K |
|
931
Weatherford International
WFRD
$4.51B
| $10.3M | 0.01% |
143,900
+1,000
| +0.7% | +$71.6K |
|
932
Nextracker
NXT
$9.99B
| $10.3M | 0.01% |
282,120
+16,500
| +6% | +$603K |
|
933
GATX Corp
GATX
$6.11B
| $10.3M | 0.01% |
66,500
+500
| +0.8% | +$77.5K |
|
934
UMB Financial
UMBF
$9.24B
| $10.3M | 0.01% |
91,100
+700
| +0.8% | +$79K |
|
935
Semtech
SMTC
$5.29B
| $10.3M | 0.01% |
166,000
+39,700
| +31% | +$2.46M |
|
936
Moelis & Co
MC
$5.61B
| $10.2M | 0.01% |
138,400
+1,000
| +0.7% | +$73.9K |
|
937
GXO Logistics
GXO
$5.9B
| $10.2M | 0.01% |
234,913
+1,600
| +0.7% | +$69.6K |
|
938
Astera Labs
ALAB
$38.7B
| $10.2M | 0.01% |
+77,000
| New | +$10.2M |
|
|
CHX
939
DELISTED
ChampionX
CHX
| $10.2M | 0.01% |
374,722
+3,100
| +0.8% | +$84.3K |
|
940
Sterling Infrastructure
STRL
$9.62B
| $10.2M | 0.01% |
60,400
+200
| +0.3% | +$33.7K |
|
941
Qualys
QLYS
$4.9B
| $10.2M | 0.01% |
72,400
+300
| +0.4% | +$42.1K |
|
942
Qfin Holdings, Inc. American Depositary Shares
QFIN
$3.81B
| $10.1M | 0.01% |
264,307
| – | – |
|
943
Lumen
LUMN
$6.25B
| $10.1M | 0.01% |
1,899,900
-86,600
| -4% | -$460K |
|
944
Hexcel
HXL
$4.98B
| $10.1M | 0.01% |
160,800
-1,500
| -0.9% | -$94.1K |
|
945
Revolution Medicines
RVMD
$8.64B
| $10.1M | 0.01% |
229,931
+4,400
| +2% | +$192K |
|
946
Herc Holdings
HRI
$4.29B
| $10M | 0.01% |
53,046
+400
| +0.8% | +$75.7K |
|
947
Air Lease Corp
AL
$7.1B
| $10M | 0.01% |
208,100
+1,500
| +0.7% | +$72.3K |
|
|
HCP
948
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $10M | 0.01% |
293,200
+10,500
| +4% | +$359K |
|
949
United Bankshares
UBSI
$5.4B
| $9.99M | 0.01% |
265,963
+2,000
| +0.8% | +$75.1K |
|
950
XP
XP
$9.96B
| $9.96M | 0.01% |
840,464
-2,000
| -0.2% | -$23.7K |
|