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 | |
|---|---|---|---|---|---|---|
1101
StepStone Group
STEP
$5.14B
| $6.63M | ﹤0.01% |
126,900
| – | – |
|
1102
Enpro
NPO
$4.75B
| $6.58M | ﹤0.01% |
40,700
+1,500
| +4% | +$243K |
|
1103
Cedar Fair
FUN
$2.31B
| $6.58M | ﹤0.01% |
184,507
-2,800
| -1% | -$99.9K |
|
1104
Avient
AVNT
$3.33B
| $6.58M | ﹤0.01% |
177,000
-2,600
| -1% | -$96.6K |
|
|
MZTI
1105
The Marzetti Company Common Stock
MZTI
$4.99B
| $6.55M | ﹤0.01% |
37,426
-600
| -2% | -$105K |
|
1106
Construction Partners
ROAD
$7.34B
| $6.54M | ﹤0.01% |
91,000
+4,900
| +6% | +$352K |
|
1107
MGE Energy Inc
MGEE
$3.07B
| $6.52M | ﹤0.01% |
70,150
-1,000
| -1% | -$93K |
|
1108
AeroVironment
AVAV
$14.2B
| $6.52M | ﹤0.01% |
54,700
-800
| -1% | -$95.4K |
|
1109
Hecla Mining
HL
$7.22B
| $6.52M | ﹤0.01% |
1,172,362
-4,300
| -0.4% | -$23.9K |
|
1110
National Health Investors
NHI
$3.76B
| $6.5M | ﹤0.01% |
88,020
-2,900
| -3% | -$214K |
|
|
UCB
1111
United Community Banks, Inc.
UCB
$3.93B
| $6.5M | ﹤0.01% |
231,100
-3,300
| -1% | -$92.8K |
|
1112
Shake Shack
SHAK
$3.98B
| $6.5M | ﹤0.01% |
73,700
-1,000
| -1% | -$88.2K |
|
1113
Rush Enterprises Class A
RUSHA
$4.45B
| $6.45M | ﹤0.01% |
120,750
-1,300
| -1% | -$69.4K |
|
1114
Avista
AVA
$2.95B
| $6.43M | ﹤0.01% |
153,500
-1,300
| -0.8% | -$54.4K |
|
1115
WD-40
WDFC
$2.88B
| $6.42M | ﹤0.01% |
26,300
-300
| -1% | -$73.2K |
|
1116
Simply Good Foods
SMPL
$2.7B
| $6.41M | ﹤0.01% |
185,900
-1,200
| -0.6% | -$41.4K |
|
1117
Granite Construction
GVA
$4.8B
| $6.39M | ﹤0.01% |
84,700
-1,300
| -2% | -$98K |
|
1118
Fulton Financial
FULT
$3.55B
| $6.38M | ﹤0.01% |
352,700
-5,100
| -1% | -$92.3K |
|
1119
StoneX
SNEX
$5.01B
| $6.38M | ﹤0.01% |
83,475
-900
| -1% | -$68.7K |
|
1120
Blackstone Mortgage Trust
BXMT
$3.34B
| $6.37M | ﹤0.01% |
318,400
-6,000
| -2% | -$120K |
|
1121
Boot Barn
BOOT
$5.46B
| $6.36M | ﹤0.01% |
59,200
-800
| -1% | -$85.9K |
|
1122
Pegasystems
PEGA
$10.2B
| $6.35M | ﹤0.01% |
182,800
+14,800
| +9% | +$514K |
|
1123
iRhythm Technologies
IRTC
$5.67B
| $6.35M | ﹤0.01% |
60,700
-700
| -1% | -$73.3K |
|
1124
MDU Resources
MDU
$3.29B
| $6.35M | ﹤0.01% |
375,290
-5,700
| -1% | -$96.4K |
|
1125
Medical Properties Trust
MPW
$3.03B
| $6.31M | ﹤0.01% |
1,046,900
-74,600
| -7% | -$450K |
|