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 |
Berkshire Hathaway Class B
BRK.B
|
+$1.6B |
| 2 |
American Express
AXP
|
+$398M |
| 3 |
Capital One
COF
|
+$151M |
| 4 |
Apollo Global Management
APO
|
+$111M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$109M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.16B |
| 2 |
Microsoft
MSFT
|
+$873M |
| 3 |
Amazon
AMZN
|
+$403M |
| 4 |
NVIDIA
NVDA
|
+$356M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$283M |
Sector Composition
| 1 | Technology | 30.21% |
| 2 | Healthcare | 13.75% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Industrials | 9.22% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1851
Outset Medical
OM
$246M
| $2.11M | ﹤0.01% |
6,427
+520
| +9% | +$171K |
|
|
GOOS
1852
Canada Goose Holdings
GOOS
$1.38B
| $2.11M | ﹤0.01% |
118,300
| – | – |
|
1853
Jamf
JAMF
$1.38B
| $2.11M | ﹤0.01% |
107,900
+29,300
| +37% | +$572K |
|
1854
American Axle
AXL
$710M
| $2.1M | ﹤0.01% |
254,400
+7,100
| +3% | +$58.7K |
|
1855
89bio
ETNB
$1.24B
| $2.1M | ﹤0.01% |
+111,000
| New | +$2.1M |
|
1856
PureCycle Technologies
PCT
$2.37B
| $2.1M | ﹤0.01% |
196,000
+19,500
| +11% | +$208K |
|
|
PACW
1857
DELISTED
PacWest Bancorp
PACW
| $2.1M | ﹤0.01% |
257,073
+2,800
| +1% | +$22.8K |
|
1858
Cross Country Healthcare
CCRN
$408M
| $2.09M | ﹤0.01% |
74,600
-1,900
| -2% | -$53.4K |
|
1859
Recursion Pharmaceuticals
RXRX
$2.11B
| $2.09M | ﹤0.01% |
279,500
+161,900
| +138% | +$1.21M |
|
1860
Life Time Group Holdings
LTH
$6.33B
| $2.09M | ﹤0.01% |
106,000
+43,200
| +69% | +$850K |
|
1861
AdvanSix
ASIX
$579M
| $2.08M | ﹤0.01% |
59,500
| – | – |
|
1862
Hawkins
HWKN
$3.67B
| $2.08M | ﹤0.01% |
43,588
+2,800
| +7% | +$134K |
|
|
ESMT
1863
DELISTED
EngageSmart, Inc.
ESMT
| $2.08M | ﹤0.01% |
+108,800
| New | +$2.08M |
|
1864
Oscar Health
OSCR
$4.92B
| $2.07M | ﹤0.01% |
256,500
+159,600
| +165% | +$1.29M |
|
1865
Varex Imaging
VREX
$468M
| $2.06M | ﹤0.01% |
87,340
+800
| +0.9% | +$18.9K |
|
1866
Fortuna Silver Mines
FSM
$2.56B
| $2.06M | ﹤0.01% |
632,030
| – | – |
|
1867
Sabre
SABR
$730M
| $2.05M | ﹤0.01% |
643,800
-29,500
| -4% | -$94.1K |
|
1868
SI-BONE Inc
SIBN
$677M
| $2.05M | ﹤0.01% |
75,800
+12,500
| +20% | +$337K |
|
1869
Janus International
JBI
$1.43B
| $2.04M | ﹤0.01% |
191,600
+17,500
| +10% | +$187K |
|
|
SLCA
1870
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $2.04M | ﹤0.01% |
167,800
+4,400
| +3% | +$53.4K |
|
1871
Sturm, Ruger & Co
RGR
$603M
| $2.02M | ﹤0.01% |
38,200
| – | – |
|
1872
Shenandoah Telecom
SHEN
$745M
| $2.02M | ﹤0.01% |
103,872
+1,100
| +1% | +$21.4K |
|
1873
OceanFirst Financial
OCFC
$1.04B
| $2.01M | ﹤0.01% |
128,833
+1,200
| +0.9% | +$18.7K |
|
|
CCF
1874
DELISTED
Chase Corporation
CCF
| $2.01M | ﹤0.01% |
16,600
-800
| -5% | -$97K |
|
1875
Opko Health
OPK
$1.13B
| $2.01M | ﹤0.01% |
925,255
-158,700
| -15% | -$344K |
|