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 |
Spotify
SPOT
|
+$189M |
| 2 |
Boeing
BA
|
+$57.2M |
| 3 |
Carvana
CVNA
|
+$23.2M |
| 4 |
ConocoPhillips
COP
|
+$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
+$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$500M |
| 2 |
Microsoft
MSFT
|
+$426M |
| 3 |
Amazon
AMZN
|
+$245M |
| 4 |
Meta Platforms (Facebook)
META
|
+$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
EXK
1926
Endeavour Silver
EXK
$1.71B
| $1.78M | ﹤0.01% |
485,900
+9,800
| +2% | +$35.9K |
|
1927
AMN Healthcare
AMN
$751M
| $1.77M | ﹤0.01% |
74,200
| – | – |
|
1928
Establishment Labs
ESTA
$1.1B
| $1.77M | ﹤0.01% |
38,500
+1,000
| +3% | +$46.1K |
|
1929
Heidrick & Struggles
HSII
$1.02B
| $1.77M | ﹤0.01% |
40,000
+500
| +1% | +$22.2K |
|
1930
Sapiens International
SPNS
$2.4B
| $1.77M | ﹤0.01% |
65,508
| – | – |
|
|
GEAR
1931
DELISTED
Revelyst, Inc.
GEAR
| $1.77M | ﹤0.01% |
+91,900
| New | +$1.77M |
|
1932
SunCoke Energy
SXC
$656M
| $1.77M | ﹤0.01% |
165,050
| – | – |
|
1933
Jamf
JAMF
$1.3B
| $1.76M | ﹤0.01% |
125,500
| – | – |
|
1934
Ceco Environmental
CECO
$1.67B
| $1.76M | ﹤0.01% |
58,300
| – | – |
|
1935
Ingles Markets
IMKTA
$1.29B
| $1.75M | ﹤0.01% |
27,200
| – | – |
|
|
PRSU
1936
Pursuit Attractions and Hospitality, Inc.
PRSU
$1.02B
| $1.75M | ﹤0.01% |
41,200
| – | – |
|
1937
Pennant Group
PNTG
$850M
| $1.75M | ﹤0.01% |
66,000
+6,900
| +12% | +$183K |
|
1938
eXp World Holdings
EXPI
$1.76B
| $1.74M | ﹤0.01% |
151,200
+2,800
| +2% | +$32.2K |
|
1939
PROS Holdings
PRO
$727M
| $1.73M | ﹤0.01% |
78,900
+1,300
| +2% | +$28.5K |
|
1940
XPEL
XPEL
$990M
| $1.73M | ﹤0.01% |
43,200
| – | – |
|
1941
Pacira BioSciences
PCRX
$1.2B
| $1.72M | ﹤0.01% |
91,400
| – | – |
|
1942
Unitil
UTL
$812M
| $1.72M | ﹤0.01% |
31,700
| – | – |
|
1943
American Express Global Business Travel
GBTG
$4.2B
| $1.71M | ﹤0.01% |
184,600
| – | – |
|
|
SA
1944
Seabridge Gold
SA
$1.8B
| $1.71M | ﹤0.01% |
150,200
+2,100
| +1% | +$23.9K |
|
|
PDS
1945
Precision Drilling
PDS
$759M
| $1.71M | ﹤0.01% |
27,900
-600
| -2% | -$36.7K |
|
1946
Limbach Holdings
LMB
$1.2B
| $1.7M | ﹤0.01% |
19,900
+200
| +1% | +$17.1K |
|
|
BELFB
1947
Bel Fuse Class B
BELFB
$1.84B
| $1.69M | ﹤0.01% |
20,500
| – | – |
|
|
RWT
1948
Redwood Trust
RWT
$801M
| $1.69M | ﹤0.01% |
258,800
| – | – |
|
|
PGRE
1949
Paramount Group
PGRE
$1.6B
| $1.69M | ﹤0.01% |
342,043
| – | – |
|
1950
Univest Financial
UVSP
$894M
| $1.68M | ﹤0.01% |
57,078
| – | – |
|