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 |
NVIDIA
NVDA
|
+$757M |
| 2 |
Microsoft
MSFT
|
+$725M |
| 3 |
Apple
AAPL
|
+$628M |
| 4 |
Amazon
AMZN
|
+$487M |
| 5 |
Meta Platforms (Facebook)
META
|
+$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
+$121M |
| 2 |
KE Holdings
BEKE
|
+$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
+$24.4M |
| 4 |
X
US Steel
X
|
+$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
BILL Holdings
BILL
$5.19B
| $8.56M | 0.01% |
185,000
-5,400
| -3% | -$250K |
|
1002
Spirit AeroSystems
SPR
$4.54B
| $8.55M | 0.01% |
224,000
-3,200
| -1% | -$122K |
|
1003
Brookfield Infrastructure
BIPC
$4.76B
| $8.54M | 0.01% |
205,977
-2,900
| -1% | -$120K |
|
1004
Asbury Automotive
ABG
$4.8B
| $8.52M | 0.01% |
35,700
+1,500
| +4% | +$358K |
|
1005
Portland General Electric
POR
$4.66B
| $8.5M | 0.01% |
209,100
+4,800
| +2% | +$195K |
|
1006
EPR Properties
EPR
$4.45B
| $8.46M | 0.01% |
145,288
-1,500
| -1% | -$87.4K |
|
1007
Allegro MicroSystems
ALGM
$5.51B
| $8.42M | 0.01% |
246,200
-3,300
| -1% | -$113K |
|
1008
Moelis & Co
MC
$5.54B
| $8.41M | 0.01% |
134,900
-1,900
| -1% | -$118K |
|
1009
SL Green Realty
SLG
$4.66B
| $8.39M | 0.01% |
135,598
-3,400
| -2% | -$210K |
|
1010
Phillips Edison & Co
PECO
$4.47B
| $8.39M | 0.01% |
239,500
+2,000
| +0.8% | +$70.1K |
|
1011
Sabra Healthcare REIT
SBRA
$4.57B
| $8.38M | 0.01% |
454,541
-3,900
| -0.9% | -$71.9K |
|
1012
First Financial Bankshares
FFIN
$5.12B
| $8.35M | 0.01% |
232,200
-3,100
| -1% | -$112K |
|
1013
Urban Outfitters
URBN
$6.07B
| $8.35M | 0.01% |
115,073
-1,200
| -1% | -$87K |
|
1014
Bruker
BRKR
$4.69B
| $8.35M | 0.01% |
202,600
-3,000
| -1% | -$124K |
|
1015
Frontdoor
FTDR
$4.83B
| $8.32M | 0.01% |
141,103
-5,800
| -4% | -$342K |
|
1016
Cal-Maine
CALM
$5.37B
| $8.31M | 0.01% |
83,400
+2,000
| +2% | +$199K |
|
1017
Madrigal Pharmaceuticals
MDGL
$9.63B
| $8.29M | 0.01% |
27,400
+2,000
| +8% | +$605K |
|
1018
ADMA Biologics
ADMA
$3.84B
| $8.27M | 0.01% |
454,000
-4,400
| -1% | -$80.1K |
|
1019
OR Royalties Inc.
OR
$6.76B
| $8.26M | ﹤0.01% |
322,630
-4,800
| -1% | -$123K |
|
1020
Lazard
LAZ
$5.25B
| $8.24M | ﹤0.01% |
171,700
-3,500
| -2% | -$168K |
|
1021
ONE Gas
OGS
$4.55B
| $8.22M | ﹤0.01% |
114,413
+4,600
| +4% | +$331K |
|
1022
Sonoco
SON
$4.71B
| $8.21M | ﹤0.01% |
188,400
-1,900
| -1% | -$82.8K |
|
1023
Transmedics
TMDX
$3.91B
| $8.19M | ﹤0.01% |
61,100
-3,900
| -6% | -$523K |
|
1024
Southwest Gas
SWX
$5.65B
| $8.17M | ﹤0.01% |
109,800
-1,400
| -1% | -$104K |
|
1025
JFrog
FROG
$5.83B
| $8.16M | ﹤0.01% |
186,000
+2,300
| +1% | +$101K |
|