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 | |
|---|---|---|---|---|---|---|
976
Belden
BDC
$5.15B
| $8.84M | 0.01% |
92,400
| – | – |
|
977
MDU Resources
MDU
$3.36B
| $8.82M | 0.01% |
760,248
-393,982
| -34% | -$4.57M |
|
978
Visteon
VC
$3.42B
| $8.82M | 0.01% |
61,400
+700
| +1% | +$101K |
|
979
Franklin Electric
FELE
$4.2B
| $8.81M | 0.01% |
85,600
+700
| +0.8% | +$72K |
|
980
Hanover Insurance
THG
$6.37B
| $8.79M | 0.01% |
77,800
+1,000
| +1% | +$113K |
|
981
ManpowerGroup
MAN
$1.75B
| $8.77M | 0.01% |
110,500
+1,400
| +1% | +$111K |
|
982
Valaris
VAL
$3.75B
| $8.75M | 0.01% |
139,100
+90,400
| +186% | +$5.69M |
|
983
Zurn Elkay Water Solutions
ZWS
$7.92B
| $8.75M | 0.01% |
325,300
-58,400
| -15% | -$1.57M |
|
984
United Bankshares
UBSI
$5.36B
| $8.7M | 0.01% |
293,363
+2,700
| +0.9% | +$80.1K |
|
985
Phillips Edison & Co
PECO
$4.47B
| $8.7M | 0.01% |
255,400
+2,700
| +1% | +$92K |
|
986
Black Hills Corp
BKH
$4.28B
| $8.69M | 0.01% |
144,279
+3,800
| +3% | +$229K |
|
987
Zions Bancorporation
ZION
$8.56B
| $8.68M | 0.01% |
323,000
| – | – |
|
|
AJRD
988
DELISTED
Aerojet Rocketdyne Holdings, Inc.
AJRD
| $8.67M | 0.01% |
158,100
+1,600
| +1% | +$87.8K |
|
|
ALTR
989
DELISTED
Altair Engineering Inc. Class A Common Stock
ALTR
| $8.65M | 0.01% |
114,000
+900
| +0.8% | +$68.3K |
|
990
Hawaiian Electric Industries
HE
$2.08B
| $8.64M | 0.01% |
238,600
+2,300
| +1% | +$83.3K |
|
991
Radian Group
RDN
$4.73B
| $8.63M | 0.01% |
341,450
+2,500
| +0.7% | +$63.2K |
|
992
Leggett & Platt
LEG
$1.34B
| $8.58M | 0.01% |
289,700
+3,500
| +1% | +$104K |
|
993
Ryder
R
$7.61B
| $8.58M | 0.01% |
101,138
-7,300
| -7% | -$619K |
|
994
Choice Hotels
CHH
$5.2B
| $8.56M | 0.01% |
72,867
-1,900
| -3% | -$223K |
|
995
Applovin
APP
$193B
| $8.55M | 0.01% |
332,300
+79,300
| +31% | +$2.04M |
|
996
Wendy's
WEN
$1.88B
| $8.53M | 0.01% |
392,400
+1,600
| +0.4% | +$34.8K |
|
997
Guardant Health
GH
$7.05B
| $8.53M | 0.01% |
238,200
+28,100
| +13% | +$1.01M |
|
998
Federal Signal
FSS
$7.65B
| $8.46M | 0.01% |
132,200
+1,300
| +1% | +$83.2K |
|
999
Antero Midstream
AM
$8.85B
| $8.46M | 0.01% |
729,400
+58,100
| +9% | +$674K |
|
1000
Lumentum
LITE
$11.5B
| $8.46M | 0.01% |
149,115
+1,900
| +1% | +$108K |
|