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 |
L3Harris
LHX
|
+$148M |
| 2 |
GE HealthCare
GEHC
|
+$118M |
| 3 |
Atlassian
TEAM
|
+$101M |
| 4 |
Axon Enterprise
AXON
|
+$23.7M |
| 5 |
Reliance Steel & Aluminium
RS
|
+$22.4M |
Top Sells
| 1 |
Apple
AAPL
|
+$360M |
| 2 |
Microsoft
MSFT
|
+$199M |
| 3 |
GE Aerospace
GE
|
+$131M |
| 4 |
NVIDIA
NVDA
|
+$99.2M |
| 5 |
Amazon
AMZN
|
+$85.4M |
Sector Composition
| 1 | Technology | 28.64% |
| 2 | Healthcare | 14.81% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Industrials | 9.44% |
| 5 | Communication Services | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1926
Live Oak Bancshares
LOB
$1.67B
| $1.74M | ﹤0.01% |
71,200
-8,200
| -10% | -$200K |
|
1927
Preferred Bank
PFBC
$1.16B
| $1.73M | ﹤0.01% |
31,589
-3,500
| -10% | -$192K |
|
|
PGRE
1928
Paramount Group
PGRE
$1.57B
| $1.73M | ﹤0.01% |
379,543
-55,800
| -13% | -$254K |
|
|
AHH
1929
Armada Hoffler Properties
AHH
$596M
| $1.73M | ﹤0.01% |
146,200
-17,400
| -11% | -$205K |
|
1930
IonQ
IONQ
$16.6B
| $1.73M | ﹤0.01% |
280,500
-32,100
| -10% | -$197K |
|
|
MORF
1931
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $1.72M | ﹤0.01% |
45,800
-5,300
| -10% | -$199K |
|
1932
Enanta Pharmaceuticals
ENTA
$177M
| $1.72M | ﹤0.01% |
42,600
-4,900
| -10% | -$198K |
|
1933
Camtek
CAMT
$3.98B
| $1.72M | ﹤0.01% |
62,736
-7,107
| -10% | -$195K |
|
1934
1st Source
SRCE
$1.55B
| $1.72M | ﹤0.01% |
39,889
-4,700
| -11% | -$203K |
|
|
PENG
1935
Penguin Solutions, Inc. Ordinary Shares
PENG
$1.36B
| $1.72M | ﹤0.01% |
99,700
-14,900
| -13% | -$257K |
|
1936
Janus International
JBI
$1.44B
| $1.72M | ﹤0.01% |
174,100
-20,700
| -11% | -$204K |
|
1937
indie Semiconductor
INDI
$770M
| $1.71M | ﹤0.01% |
162,000
-11,300
| -7% | -$119K |
|
1938
Arcus Biosciences
RCUS
$1.23B
| $1.71M | ﹤0.01% |
93,696
-10,800
| -10% | -$197K |
|
1939
Cross Country Healthcare
CCRN
$411M
| $1.71M | ﹤0.01% |
76,500
-11,200
| -13% | -$250K |
|
|
RDUS
1940
DELISTED
Radius Recycling
RDUS
| $1.7M | ﹤0.01% |
54,800
-7,700
| -12% | -$239K |
|
1941
Caleres
CAL
$503M
| $1.7M | ﹤0.01% |
78,700
-10,000
| -11% | -$216K |
|
|
FORG
1942
DELISTED
ForgeRock, Inc.
FORG
| $1.7M | ﹤0.01% |
82,400
-9,300
| -10% | -$192K |
|
1943
Zentalis Pharmaceuticals
ZNTL
$107M
| $1.69M | ﹤0.01% |
98,500
-11,500
| -10% | -$198K |
|
|
UMH
1944
UMH Properties
UMH
$1.29B
| $1.69M | ﹤0.01% |
114,300
-12,100
| -10% | -$179K |
|
|
AAMI
1945
Acadian Asset Management Inc.
AAMI
$1.74B
| $1.69M | ﹤0.01% |
71,526
-8,500
| -11% | -$200K |
|
|
ROCC
1946
DELISTED
Ranger Oil Corporation Class A Common Stock
ROCC
| $1.68M | ﹤0.01% |
41,200
-6,600
| -14% | -$270K |
|
1947
Olo Inc
OLO
$1.74B
| $1.68M | ﹤0.01% |
205,800
-16,500
| -7% | -$135K |
|
1948
Clean Energy Fuels
CLNE
$526M
| $1.67M | ﹤0.01% |
384,058
-45,200
| -11% | -$197K |
|
1949
Harmony Biosciences
HRMY
$1.86B
| $1.67M | ﹤0.01% |
51,200
-5,900
| -10% | -$193K |
|
1950
James River Group
JRVR
$244M
| $1.67M | ﹤0.01% |
80,899
-9,500
| -11% | -$196K |
|