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 |
Spotify
SPOT
|
+$189M |
| 2 |
Boeing
BA
|
+$57.2M |
| 3 |
Carvana
CVNA
|
+$23.2M |
| 4 |
ConocoPhillips
COP
|
+$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
+$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$500M |
| 2 |
Microsoft
MSFT
|
+$426M |
| 3 |
Amazon
AMZN
|
+$245M |
| 4 |
Meta Platforms (Facebook)
META
|
+$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1201
nCino
NCNO
$3.48B
| $6.1M | ﹤0.01% |
181,800
+13,300
| +8% | +$447K |
|
1202
PotlatchDeltic
PCH
$3.2B
| $6.1M | ﹤0.01% |
155,314
| – | – |
|
1203
Iridium Communications
IRDM
$1.89B
| $6.08M | ﹤0.01% |
209,600
-3,800
| -2% | -$110K |
|
1204
Terex
TEX
$3.46B
| $6.08M | ﹤0.01% |
131,500
-300
| -0.2% | -$13.9K |
|
1205
Steven Madden
SHOO
$2.26B
| $6.07M | ﹤0.01% |
142,825
-500
| -0.3% | -$21.3K |
|
1206
UL Solutions
ULS
$13.4B
| $6.07M | ﹤0.01% |
121,700
+8,600
| +8% | +$429K |
|
1207
Patterson-UTI
PTEN
$2.13B
| $6.07M | ﹤0.01% |
734,488
-10,500
| -1% | -$86.7K |
|
1208
Payoneer
PAYO
$2.34B
| $6.03M | ﹤0.01% |
600,800
+24,900
| +4% | +$250K |
|
1209
NovoCure
NVCR
$1.36B
| $6.03M | ﹤0.01% |
202,200
+2,600
| +1% | +$77.5K |
|
1210
First Interstate BancSystem
FIBK
$3.43B
| $6.01M | ﹤0.01% |
185,046
+1,000
| +0.5% | +$32.5K |
|
1211
Penske Automotive Group
PAG
$11.9B
| $6.01M | ﹤0.01% |
39,400
+200
| +0.5% | +$30.5K |
|
1212
Polaris
PII
$3.22B
| $6M | ﹤0.01% |
104,200
-600
| -0.6% | -$34.6K |
|
1213
Eldorado Gold
EGO
$5.7B
| $6M | ﹤0.01% |
403,620
+2,500
| +0.6% | +$37.2K |
|
1214
Blackbaud
BLKB
$3.38B
| $6M | ﹤0.01% |
81,153
+500
| +0.6% | +$37K |
|
1215
OR Royalties Inc.
OR
$6.76B
| $5.99M | ﹤0.01% |
331,130
+2,000
| +0.6% | +$36.2K |
|
1216
First Bancorp
FBP
$3.49B
| $5.99M | ﹤0.01% |
322,300
-2,500
| -0.8% | -$46.5K |
|
1217
Synaptics
SYNA
$2.72B
| $5.99M | ﹤0.01% |
78,500
+1,100
| +1% | +$84K |
|
1218
Veracyte
VCYT
$2.43B
| $5.98M | ﹤0.01% |
151,100
+1,800
| +1% | +$71.3K |
|
1219
American Eagle Outfitters
AEO
$3.18B
| $5.98M | ﹤0.01% |
358,900
-5,400
| -1% | -$90K |
|
1220
FIVE9
FIVN
$2B
| $5.97M | ﹤0.01% |
147,000
+2,700
| +2% | +$110K |
|
1221
Bread Financial
BFH
$2.95B
| $5.97M | ﹤0.01% |
97,723
+900
| +0.9% | +$55K |
|
1222
CarGurus
CARG
$3.58B
| $5.96M | ﹤0.01% |
163,200
-400
| -0.2% | -$14.6K |
|
1223
TEGNA Inc
TGNA
$3.39B
| $5.95M | ﹤0.01% |
325,400
-5,600
| -2% | -$102K |
|
1224
Genworth Financial
GNW
$3.61B
| $5.94M | ﹤0.01% |
849,986
| – | – |
|
1225
Artisan Partners
APAM
$3.27B
| $5.92M | ﹤0.01% |
137,500
+900
| +0.7% | +$38.7K |
|