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 |
Nu Holdings
NU
|
+$91.9M |
| 2 |
SW
Smurfit Westrock plc
SW
|
+$76.1M |
| 3 |
Pinduoduo
PDD
|
+$30.9M |
| 4 |
Microsoft
MSFT
|
+$24.9M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$22.8M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$122M |
| 2 |
Apple
AAPL
|
+$45.4M |
| 3 |
WRK
WestRock Company
WRK
|
+$38.2M |
| 4 |
Danaher
DHR
|
+$29M |
| 5 |
Flutter Entertainment
FLUT
|
+$20.3M |
Sector Composition
| 1 | Technology | 32.64% |
| 2 | Healthcare | 12.18% |
| 3 | Consumer Discretionary | 11.62% |
| 4 | Industrials | 9.2% |
| 5 | Communication Services | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
951
AppFolio
APPF
$9.9B
| $9.77M | 0.01% |
41,500
+800
| +2% | +$188K |
|
952
CNX Resources
CNX
$4.25B
| $9.74M | 0.01% |
299,158
-2,100
| -0.7% | -$68.4K |
|
|
GAP
953
The Gap, Inc.
GAP
$8.5B
| $9.69M | 0.01% |
439,300
-1,400
| -0.3% | -$30.9K |
|
954
Parsons
PSN
$8.18B
| $9.68M | 0.01% |
93,400
-300
| -0.3% | -$31.1K |
|
955
Tower Semiconductor
TSEM
$7.39B
| $9.68M | 0.01% |
218,172
-1,570
| -0.7% | -$69.7K |
|
956
Capri Holdings
CPRI
$2.43B
| $9.67M | 0.01% |
227,800
-1,700
| -0.7% | -$72.1K |
|
957
Shift4
FOUR
$6B
| $9.66M | 0.01% |
109,000
+1,600
| +1% | +$142K |
|
958
RH
RH
$4.08B
| $9.64M | 0.01% |
28,830
| – | – |
|
959
Portland General Electric
POR
$4.66B
| $9.64M | 0.01% |
201,200
+2,000
| +1% | +$95.8K |
|
960
PennyMac Financial
PFSI
$6.44B
| $9.63M | 0.01% |
84,500
+200
| +0.2% | +$22.8K |
|
961
Harley-Davidson
HOG
$3.63B
| $9.62M | 0.01% |
249,600
-5,600
| -2% | -$216K |
|
962
Organon & Co
OGN
$2.77B
| $9.6M | 0.01% |
501,875
-1,800
| -0.4% | -$34.4K |
|
963
Avnet
AVT
$4.46B
| $9.59M | 0.01% |
176,500
-1,300
| -0.7% | -$70.6K |
|
|
HCP
964
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $9.57M | 0.01% |
282,700
+58,300
| +26% | +$1.97M |
|
965
Itron
ITRI
$5.47B
| $9.57M | 0.01% |
89,600
-500
| -0.6% | -$53.4K |
|
966
Murphy Oil
MUR
$3.68B
| $9.55M | 0.01% |
282,900
-2,200
| -0.8% | -$74.2K |
|
967
Janus Henderson
JHG
$7.01B
| $9.54M | 0.01% |
250,705
-3,800
| -1% | -$145K |
|
968
Five Below
FIVE
$7.71B
| $9.5M | 0.01% |
107,559
-1,100
| -1% | -$97.2K |
|
969
UMB Financial
UMBF
$9.16B
| $9.5M | 0.01% |
90,400
-700
| -0.8% | -$73.6K |
|
970
Doximity
DOCS
$13.3B
| $9.42M | 0.01% |
216,200
+400
| +0.2% | +$17.4K |
|
971
Tenable Holdings
TENB
$3.62B
| $9.42M | 0.01% |
232,400
| – | – |
|
972
Moelis & Co
MC
$5.54B
| $9.41M | 0.01% |
137,400
+6,200
| +5% | +$425K |
|
973
Zeta Global
ZETA
$4.84B
| $9.39M | 0.01% |
314,800
-1,900
| -0.6% | -$56.7K |
|
974
Knife River
KNF
$4.42B
| $9.39M | 0.01% |
104,998
-700
| -0.7% | -$62.6K |
|
975
Q2 Holdings
QTWO
$5.13B
| $9.36M | 0.01% |
117,400
+1,200
| +1% | +$95.7K |
|