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 |
Exxon Mobil
XOM
|
+$151M |
| 2 |
GE Vernova
GEV
|
+$139M |
| 3 |
Ferrovial SE
FER
|
+$60.1M |
| 4 |
Strategy Inc Common Stock Class A
MSTR
|
+$24M |
| 5 |
Solventum
SOLV
|
+$22.9M |
Top Sells
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$184M |
| 2 |
GE Aerospace
GE
|
+$135M |
| 3 |
Apple
AAPL
|
+$117M |
| 4 |
Microsoft
MSFT
|
+$110M |
| 5 |
Meta Platforms (Facebook)
META
|
+$80.5M |
Sector Composition
| 1 | Technology | 33.84% |
| 2 | Healthcare | 12.16% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Communication Services | 9.35% |
| 5 | Industrials | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1826
Columbus McKinnon
CMCO
$428M
| $1.96M | ﹤0.01% |
56,611
| – | – |
|
1827
Hawaiian Electric Industries
HE
$2.1B
| $1.95M | ﹤0.01% |
216,000
| – | – |
|
1828
Energy Fuels
UUUU
$2.89B
| $1.95M | ﹤0.01% |
321,500
| – | – |
|
1829
1st Source
SRCE
$1.58B
| $1.94M | ﹤0.01% |
36,189
-300
| -0.8% | -$16.1K |
|
1830
Wabash National
WNC
$472M
| $1.94M | ﹤0.01% |
88,800
-2,200
| -2% | -$48K |
|
1831
Enact Holdings
ACT
$5.79B
| $1.93M | ﹤0.01% |
63,100
| – | – |
|
1832
Encore Capital Group
ECPG
$1.02B
| $1.93M | ﹤0.01% |
46,300
| – | – |
|
1833
Owens & Minor
OMI
$423M
| $1.93M | ﹤0.01% |
143,100
+7,200
| +5% | +$97.2K |
|
1834
Deluxe
DLX
$889M
| $1.93M | ﹤0.01% |
86,000
| – | – |
|
1835
Select Water Solutions
WTTR
$954M
| $1.93M | ﹤0.01% |
180,500
-4,100
| -2% | -$43.9K |
|
1836
Trupanion
TRUP
$1.87B
| $1.93M | ﹤0.01% |
65,610
| – | – |
|
1837
Preferred Bank
PFBC
$1.17B
| $1.92M | ﹤0.01% |
25,489
| – | – |
|
1838
A10 Networks
ATEN
$1.29B
| $1.92M | ﹤0.01% |
138,700
| – | – |
|
1839
Green Plains
GPRE
$641M
| $1.91M | ﹤0.01% |
120,400
| – | – |
|
1840
Shutterstock
SSTK
$750M
| $1.91M | ﹤0.01% |
49,300
| – | – |
|
1841
Under Armour Class C
UA
$2.1B
| $1.91M | ﹤0.01% |
292,000
-47,500
| -14% | -$310K |
|
1842
Sabre
SABR
$742M
| $1.9M | ﹤0.01% |
711,900
| – | – |
|
1843
indie Semiconductor
INDI
$774M
| $1.9M | ﹤0.01% |
307,500
+36,700
| +14% | +$226K |
|
1844
Artivion
AORT
$2B
| $1.9M | ﹤0.01% |
73,900
+1,100
| +2% | +$28.2K |
|
|
TPC
1845
Tutor Perini Corporation
TPC
$3.32B
| $1.89M | ﹤0.01% |
+87,000
| New | +$1.89M |
|
1846
Monarch Casino & Resort
MCRI
$1.91B
| $1.89M | ﹤0.01% |
27,811
-500
| -2% | -$34.1K |
|
1847
Arcutis Biotherapeutics
ARQT
$2.12B
| $1.89M | ﹤0.01% |
+203,600
| New | +$1.89M |
|
1848
Coursera
COUR
$1.78B
| $1.88M | ﹤0.01% |
263,000
+67,300
| +34% | +$482K |
|
1849
American Healthcare REIT
AHR
$7.2B
| $1.88M | ﹤0.01% |
+128,600
| New | +$1.88M |
|
|
ARR
1850
Armour Residential REIT
ARR
$1.72B
| $1.87M | ﹤0.01% |
96,563
| – | – |
|