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 |
Visa
V
|
+$55.5M |
| 2 |
Strategy Inc Common Stock Class A
MSTR
|
+$35.4M |
| 3 |
International Paper
IP
|
+$25.3M |
| 4 |
DoorDash
DASH
|
+$21.9M |
| 5 |
Natera
NTRA
|
+$17.1M |
Top Sells
| 1 |
Chevron
CVX
|
+$712M |
| 2 |
Apple
AAPL
|
+$120M |
| 3 |
Interactive Brokers
IBKR
|
+$38.1M |
| 4 |
NVIDIA
NVDA
|
+$24.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$23.8M |
Sector Composition
| 1 | Technology | 31.47% |
| 2 | Healthcare | 11.82% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Communication Services | 9.55% |
| 5 | Industrials | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1001
Sabra Healthcare REIT
SBRA
$4.52B
| $8.01M | 0.01% |
458,441
-2,300
| -0.5% | -$40.2K |
|
1002
Southwest Gas
SWX
$5.69B
| $7.98M | 0.01% |
111,200
-1,600
| -1% | -$115K |
|
1003
Five Below
FIVE
$8.57B
| $7.98M | 0.01% |
106,559
-1,600
| -1% | -$120K |
|
1004
Moelis & Co
MC
$5.77B
| $7.98M | 0.01% |
136,800
-1,600
| -1% | -$93.4K |
|
1005
Exponent
EXPO
$3.54B
| $7.98M | 0.01% |
98,400
-1,400
| -1% | -$113K |
|
1006
Maximus
MMS
$5.02B
| $7.97M | 0.01% |
116,807
-1,500
| -1% | -$102K |
|
1007
Sanmina
SANM
$6.36B
| $7.96M | 0.01% |
104,500
-3,000
| -3% | -$229K |
|
1008
ESCO Technologies
ESE
$5.62B
| $7.96M | 0.01% |
50,000
-700
| -1% | -$111K |
|
|
VRN
1009
DELISTED
Veren
VRN
| $7.94M | 0.01% |
1,200,000
-20,200
| -2% | -$134K |
|
1010
Installed Building Products
IBP
$7.15B
| $7.94M | 0.01% |
46,333
-900
| -2% | -$154K |
|
1011
The GEO Group
GEO
$3.11B
| $7.91M | 0.01% |
270,900
-3,700
| -1% | -$108K |
|
1012
Boyd Gaming
BYD
$6.68B
| $7.89M | 0.01% |
119,900
-15,400
| -11% | -$1.01M |
|
1013
Ormat Technologies
ORA
$5.68B
| $7.88M | 0.01% |
111,334
+4,300
| +4% | +$304K |
|
1014
Cleveland-Cliffs
CLF
$5.65B
| $7.87M | 0.01% |
956,961
-12,200
| -1% | -$100K |
|
1015
Insight Enterprises
NSIT
$3.78B
| $7.84M | 0.01% |
52,300
-2,200
| -4% | -$330K |
|
|
ESGR
1016
DELISTED
Enstar Group
ESGR
| $7.84M | 0.01% |
23,600
-300
| -1% | -$99.7K |
|
1017
Belden
BDC
$5.18B
| $7.84M | 0.01% |
78,200
-2,000
| -2% | -$201K |
|
1018
Bloom Energy
BE
$18.9B
| $7.84M | 0.01% |
398,600
-5,200
| -1% | -$102K |
|
1019
Spirit AeroSystems
SPR
$4.53B
| $7.83M | 0.01% |
227,200
-2,100
| -0.9% | -$72.4K |
|
1020
Cavco Industries
CVCO
$4.46B
| $7.74M | 0.01% |
14,900
+300
| +2% | +$156K |
|
1021
EPR Properties
EPR
$4.33B
| $7.72M | 0.01% |
146,788
-2,200
| -1% | -$116K |
|
1022
Mueller Water Products
MWA
$4.01B
| $7.71M | 0.01% |
303,300
-3,200
| -1% | -$81.3K |
|
1023
Kadant
KAI
$3.64B
| $7.68M | 0.01% |
22,800
-300
| -1% | -$101K |
|
1024
Integer Holdings
ITGR
$3.65B
| $7.67M | 0.01% |
65,000
-900
| -1% | -$106K |
|
1025
Rayonier
RYN
$4.01B
| $7.64M | 0.01% |
274,176
-18,206
| -6% | -$508K |
|