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 |
Linde
LIN
|
+$299M |
| 2 |
General Dynamics
GD
|
+$129M |
| 3 |
Cigna
CI
|
+$86.9M |
| 4 |
CVS Health
CVS
|
+$75M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$234M |
| 2 |
Northrop Grumman
NOC
|
+$218M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$170M |
| 4 |
PX
Praxair Inc
PX
|
+$168M |
| 5 |
COL
Rockwell Collins
COL
|
+$116M |
Sector Composition
| 1 | Technology | 18.92% |
| 2 | Healthcare | 16.26% |
| 3 | Consumer Discretionary | 11.53% |
| 4 | Communication Services | 10.14% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1401
Gentherm
THRM
$1.07B
| $2.57M | ﹤0.01% |
64,200
| – | – |
|
1402
Topgolf Callaway Brands
MODG
$1.77B
| $2.56M | ﹤0.01% |
167,000
+3,100
| +2% | +$47.4K |
|
1403
Ironwood Pharmaceuticals
IRWD
$213M
| $2.55M | ﹤0.01% |
293,843
-21,970
| -7% | -$191K |
|
|
WDR
1404
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $2.55M | ﹤0.01% |
141,000
-4,500
| -3% | -$81.4K |
|
1405
SPS Commerce
SPSC
$4.07B
| $2.55M | ﹤0.01% |
61,800
+1,000
| +2% | +$41.2K |
|
1406
Mueller Water Products
MWA
$3.97B
| $2.55M | ﹤0.01% |
279,700
+3,700
| +1% | +$33.7K |
|
1407
ServisFirst Bancshares
SFBS
$4.51B
| $2.55M | ﹤0.01% |
79,868
+1,500
| +2% | +$47.8K |
|
|
MSGN
1408
DELISTED
MSG Networks Inc.
MSGN
| $2.54M | ﹤0.01% |
108,000
| – | – |
|
1409
Insight Enterprises
NSIT
$3.8B
| $2.54M | ﹤0.01% |
62,400
| – | – |
|
1410
Progress Software
PRGS
$1.81B
| $2.54M | ﹤0.01% |
71,600
-1,800
| -2% | -$63.9K |
|
1411
Badger Meter
BMI
$5.24B
| $2.53M | ﹤0.01% |
51,500
+1,000
| +2% | +$49.2K |
|
1412
Saia
SAIA
$8.56B
| $2.53M | ﹤0.01% |
45,400
+1,000
| +2% | +$55.8K |
|
|
BZUN
1413
Baozun
BZUN
$255M
| $2.53M | ﹤0.01% |
86,591
| – | – |
|
1414
Mercury Insurance
MCY
$4.29B
| $2.53M | ﹤0.01% |
48,900
+700
| +1% | +$36.2K |
|
1415
Laureate Education
LAUR
$4.33B
| $2.52M | ﹤0.01% |
165,300
+71,000
| +75% | +$1.08M |
|
1416
Usana Health Sciences
USNA
$553M
| $2.52M | ﹤0.01% |
21,400
+500
| +2% | +$58.9K |
|
1417
Cars.com
CARS
$830M
| $2.52M | ﹤0.01% |
117,100
-1,300
| -1% | -$28K |
|
1418
Alamos Gold
AGI
$13.4B
| $2.52M | ﹤0.01% |
699,536
| – | – |
|
1419
Medifast
MED
$157M
| $2.51M | ﹤0.01% |
20,100
+300
| +2% | +$37.5K |
|
1420
Axos Financial
AX
$4.99B
| $2.51M | ﹤0.01% |
99,700
| – | – |
|
|
PVG
1421
DELISTED
PRETIUM RESOURCES INC.
PVG
| $2.51M | ﹤0.01% |
295,848
| – | – |
|
1422
Meritage Homes
MTH
$5.39B
| $2.51M | ﹤0.01% |
136,600
+3,200
| +2% | +$58.8K |
|
|
MINI
1423
DELISTED
Mobile Mini Inc
MINI
| $2.51M | ﹤0.01% |
79,000
+2,200
| +3% | +$69.8K |
|
1424
Red Rock Resorts
RRR
$3.53B
| $2.5M | ﹤0.01% |
123,100
+2,000
| +2% | +$40.6K |
|
1425
Medpace
MEDP
$13.8B
| $2.5M | ﹤0.01% |
47,200
-1,600
| -3% | -$84.7K |
|