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 |
First Solar
FSLR
|
+$24.3M |
| 2 |
Lamb Weston
LW
|
+$21.6M |
| 3 |
Ovintiv
OVV
|
+$21.3M |
| 4 |
Hubbell
HUBB
|
+$21.3M |
| 5 |
U-Haul Holding Co Series N
UHAL.B
|
+$19.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$627M |
| 2 |
Microsoft
MSFT
|
+$479M |
| 3 |
Amazon
AMZN
|
+$203M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$169M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$150M |
Sector Composition
| 1 | Technology | 25.32% |
| 2 | Healthcare | 16.62% |
| 3 | Consumer Discretionary | 10.98% |
| 4 | Industrials | 9.74% |
| 5 | Consumer Staples | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Ryan Specialty Holdings
RYAN
$6.61B
| $8.4M | 0.01% |
202,300
+6,100
| +3% | +$253K |
|
1002
Madrigal Pharmaceuticals
MDGL
$9.63B
| $8.39M | 0.01% |
28,900
+700
| +2% | +$203K |
|
1003
FirstCash
FCFS
$6.49B
| $8.39M | 0.01% |
96,512
+800
| +0.8% | +$69.5K |
|
1004
Associated Banc-Corp
ASB
$4.35B
| $8.38M | 0.01% |
362,940
+7,100
| +2% | +$164K |
|
1005
Diodes
DIOD
$2.44B
| $8.36M | 0.01% |
109,800
+2,500
| +2% | +$190K |
|
1006
Teradata
TDC
$2B
| $8.36M | 0.01% |
248,259
| – | – |
|
1007
XPO
XPO
$15.3B
| $8.32M | 0.01% |
250,000
-163,177
| -39% | -$5.43M |
|
1008
TAL Education Group
TAL
$6.67B
| $8.29M | 0.01% |
1,175,965
-2,000
| -0.2% | -$14.1K |
|
1009
Apple Hospitality REIT
APLE
$2.98B
| $8.28M | 0.01% |
525,010
+9,400
| +2% | +$148K |
|
1010
Blackstone Mortgage Trust
BXMT
$3.35B
| $8.27M | 0.01% |
390,700
+7,100
| +2% | +$150K |
|
|
NEWR
1011
DELISTED
New Relic, Inc.
NEWR
| $8.26M | 0.01% |
146,297
+3,500
| +2% | +$198K |
|
1012
American States Water
AWR
$2.82B
| $8.26M | 0.01% |
89,200
+1,600
| +2% | +$148K |
|
|
SUM
1013
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $8.25M | 0.01% |
290,515
+5,390
| +2% | +$153K |
|
1014
Lyft
LYFT
$7.73B
| $8.25M | 0.01% |
748,400
-576,100
| -43% | -$6.35M |
|
1015
Penske Automotive Group
PAG
$11.9B
| $8.23M | 0.01% |
71,600
-400
| -0.6% | -$46K |
|
1016
Hilton Grand Vacations
HGV
$3.98B
| $8.22M | 0.01% |
213,160
-700
| -0.3% | -$27K |
|
|
AEL
1017
DELISTED
American Equity Investment Life Holding Company
AEL
| $8.21M | 0.01% |
179,900
-7,700
| -4% | -$351K |
|
1018
Vornado Realty Trust
VNO
$8.25B
| $8.2M | 0.01% |
393,917
-310,353
| -44% | -$6.46M |
|
1019
Community Bank
CBU
$3.11B
| $8.17M | 0.01% |
129,800
+2,000
| +2% | +$126K |
|
1020
Onto Innovation
ONTO
$5.44B
| $8.17M | 0.01% |
119,941
+2,400
| +2% | +$163K |
|
1021
Grand Canyon Education
LOPE
$5.89B
| $8.15M | 0.01% |
77,100
+500
| +0.7% | +$52.8K |
|
1022
Meritage Homes
MTH
$5.61B
| $8.14M | 0.01% |
176,600
+2,600
| +1% | +$120K |
|
1023
Bloom Energy
BE
$15.7B
| $8.14M | 0.01% |
425,700
+40,700
| +11% | +$778K |
|
1024
ServisFirst Bancshares
SFBS
$4.57B
| $8.13M | 0.01% |
117,968
+2,100
| +2% | +$145K |
|
1025
Antero Midstream
AM
$8.91B
| $8.1M | 0.01% |
750,900
+13,500
| +2% | +$146K |
|