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 |
Nu Holdings
NU
|
+$91.9M |
| 2 |
SW
Smurfit Westrock plc
SW
|
+$76.1M |
| 3 |
Pinduoduo
PDD
|
+$30.9M |
| 4 |
Microsoft
MSFT
|
+$24.9M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$22.8M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$122M |
| 2 |
Apple
AAPL
|
+$45.4M |
| 3 |
WRK
WestRock Company
WRK
|
+$38.2M |
| 4 |
Danaher
DHR
|
+$29M |
| 5 |
Flutter Entertainment
FLUT
|
+$20.3M |
Sector Composition
| 1 | Technology | 32.64% |
| 2 | Healthcare | 12.18% |
| 3 | Consumer Discretionary | 11.62% |
| 4 | Industrials | 9.2% |
| 5 | Communication Services | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1701
AMC Entertainment Holdings
AMC
$1.44B
| $2.63M | ﹤0.01% |
576,991
+58,600
| +11% | +$267K |
|
1702
TriCo Bancshares
TCBK
$1.48B
| $2.62M | ﹤0.01% |
61,500
-800
| -1% | -$34.1K |
|
1703
Cassava Sciences
SAVA
$104M
| $2.62M | ﹤0.01% |
89,000
+8,300
| +10% | +$244K |
|
1704
AvidXchange
AVDX
$2.06B
| $2.62M | ﹤0.01% |
322,600
+1,700
| +0.5% | +$13.8K |
|
1705
Buckle
BKE
$3.06B
| $2.62M | ﹤0.01% |
59,500
-500
| -0.8% | -$22K |
|
|
UNIT
1706
Uniti Group
UNIT
$1.69B
| $2.61M | ﹤0.01% |
463,274
-7,100
| -2% | -$40K |
|
1707
Sabre
SABR
$742M
| $2.61M | ﹤0.01% |
711,900
| – | – |
|
|
LADR
1708
Ladder Capital
LADR
$1.5B
| $2.61M | ﹤0.01% |
225,207
| – | – |
|
|
DEA
1709
Easterly Government Properties
DEA
$1.06B
| $2.6M | ﹤0.01% |
76,524
| – | – |
|
|
VRE
1710
Veris Residential
VRE
$1.49B
| $2.59M | ﹤0.01% |
145,100
| – | – |
|
|
PWSC
1711
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $2.59M | ﹤0.01% |
113,500
+700
| +0.6% | +$16K |
|
1712
Upwork
UPWK
$2.11B
| $2.58M | ﹤0.01% |
247,000
-9,700
| -4% | -$101K |
|
1713
Certara
CERT
$1.65B
| $2.58M | ﹤0.01% |
220,400
| – | – |
|
1714
Dorian LPG
LPG
$1.35B
| $2.58M | ﹤0.01% |
74,885
+6,800
| +10% | +$234K |
|
1715
Westamerica Bancorp
WABC
$1.25B
| $2.57M | ﹤0.01% |
52,100
-400
| -0.8% | -$19.8K |
|
1716
Stellar Bancorp
STEL
$1.61B
| $2.57M | ﹤0.01% |
99,362
+10,100
| +11% | +$261K |
|
|
UMH
1717
UMH Properties
UMH
$1.28B
| $2.57M | ﹤0.01% |
130,600
+1,000
| +0.8% | +$19.7K |
|
1718
SolarEdge
SEDG
$1.75B
| $2.57M | ﹤0.01% |
112,100
| – | – |
|
1719
SoundHound AI
SOUN
$5.94B
| $2.56M | ﹤0.01% |
549,700
+39,200
| +8% | +$183K |
|
1720
Universal Corp
UVV
$1.38B
| $2.56M | ﹤0.01% |
48,200
-400
| -0.8% | -$21.2K |
|
|
AAT
1721
American Assets Trust
AAT
$1.25B
| $2.56M | ﹤0.01% |
95,700
| – | – |
|
1722
Quanex
NX
$697M
| $2.56M | ﹤0.01% |
92,144
+27,144
| +42% | +$753K |
|
1723
AvePoint
AVPT
$3.34B
| $2.56M | ﹤0.01% |
217,200
| – | – |
|
1724
Navient
NAVI
$1.29B
| $2.55M | ﹤0.01% |
163,700
-1,600
| -1% | -$24.9K |
|
|
MFA
1725
MFA Financial
MFA
$1.05B
| $2.54M | ﹤0.01% |
199,375
-1,500
| -0.7% | -$19.1K |
|