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 | |
|---|---|---|---|---|---|---|
1926
Nuvalent
NUVL
$5.93B
| $1.88M | ﹤0.01% |
44,700
-4,800
| -10% | -$202K |
|
1927
Kimbell Royalty Partners
KRP
$1.29B
| $1.87M | ﹤0.01% |
127,200
+11,100
| +10% | +$163K |
|
|
SILV
1928
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $1.87M | ﹤0.01% |
319,000
| – | – |
|
|
SPWR
1929
DELISTED
SunPower Corporation Common Stock
SPWR
| $1.87M | ﹤0.01% |
190,400
+2,400
| +1% | +$23.5K |
|
1930
Origin Bancorp
OBK
$1.18B
| $1.87M | ﹤0.01% |
63,682
+800
| +1% | +$23.4K |
|
|
NXGN
1931
DELISTED
NextGen Healthcare, Inc. Common Stock
NXGN
| $1.87M | ﹤0.01% |
115,000
-9,100
| -7% | -$148K |
|
1932
National Healthcare
NHC
$1.76B
| $1.86M | ﹤0.01% |
30,130
-1,300
| -4% | -$80.4K |
|
1933
Replimune Group
REPL
$468M
| $1.86M | ﹤0.01% |
80,200
+2,900
| +4% | +$67.3K |
|
1934
Metallus
MTUS
$695M
| $1.86M | ﹤0.01% |
86,000
+4,400
| +5% | +$94.9K |
|
1935
Fiverr
FVRR
$858M
| $1.85M | ﹤0.01% |
71,105
+2,500
| +4% | +$65K |
|
1936
BlueLinx
BXC
$628M
| $1.85M | ﹤0.01% |
19,700
+200
| +1% | +$18.8K |
|
1937
MRC Global
MRC
$1.24B
| $1.85M | ﹤0.01% |
183,449
+2,900
| +2% | +$29.2K |
|
1938
TechTarget
TTGT
$404M
| $1.85M | ﹤0.01% |
59,300
-900
| -1% | -$28K |
|
|
FORG
1939
DELISTED
ForgeRock, Inc.
FORG
| $1.84M | ﹤0.01% |
89,700
+7,300
| +9% | +$150K |
|
|
ETWO
1940
DELISTED
E2open Parent Holdings
ETWO
| $1.84M | ﹤0.01% |
329,000
-62,400
| -16% | -$349K |
|
|
SA
1941
Seabridge Gold
SA
$1.8B
| $1.84M | ﹤0.01% |
152,400
+12,300
| +9% | +$148K |
|
1942
Warby Parker
WRBY
$3.29B
| $1.84M | ﹤0.01% |
157,200
+12,200
| +8% | +$143K |
|
1943
Stem
STEM
$111M
| $1.83M | ﹤0.01% |
15,985
+9,315
| +140% | +$1.07M |
|
1944
Mercury Insurance
MCY
$4.31B
| $1.83M | ﹤0.01% |
60,300
+500
| +0.8% | +$15.1K |
|
1945
Nabors Industries
NBR
$619M
| $1.82M | ﹤0.01% |
19,600
+300
| +2% | +$27.9K |
|
1946
CryoPort
CYRX
$480M
| $1.82M | ﹤0.01% |
105,700
| – | – |
|
1947
Vertex
VERX
$3.81B
| $1.81M | ﹤0.01% |
92,800
-12,300
| -12% | -$240K |
|
1948
Mativ Holdings
MATV
$666M
| $1.81M | ﹤0.01% |
119,612
+1,000
| +0.8% | +$15.1K |
|
|
BRSP
1949
BrightSpire Capital
BRSP
$767M
| $1.81M | ﹤0.01% |
268,700
+4,300
| +2% | +$28.9K |
|
1950
Dorian LPG
LPG
$1.35B
| $1.8M | ﹤0.01% |
70,285
+900
| +1% | +$23.1K |
|