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 |
NVIDIA
NVDA
|
+$757M |
| 2 |
Microsoft
MSFT
|
+$725M |
| 3 |
Apple
AAPL
|
+$628M |
| 4 |
Amazon
AMZN
|
+$487M |
| 5 |
Meta Platforms (Facebook)
META
|
+$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
+$121M |
| 2 |
KE Holdings
BEKE
|
+$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
+$24.4M |
| 4 |
X
US Steel
X
|
+$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
+$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1951
Portillo's
PTLO
$441M
| $1.51M | ﹤0.01% |
129,100
+25,900
| +25% | +$302K |
|
|
RWT
1952
Redwood Trust
RWT
$804M
| $1.5M | ﹤0.01% |
254,100
-4,700
| -2% | -$27.8K |
|
1953
Kforce
KFRC
$567M
| $1.5M | ﹤0.01% |
36,500
+1,400
| +4% | +$57.6K |
|
1954
Grid Dynamics Holdings
GDYN
$642M
| $1.49M | ﹤0.01% |
129,300
| – | – |
|
1955
Ivanhoe Electric
IE
$1.14B
| $1.49M | ﹤0.01% |
164,600
+10,700
| +7% | +$97K |
|
1956
Nurix Therapeutics
NRIX
$691M
| $1.49M | ﹤0.01% |
131,000
+14,300
| +12% | +$163K |
|
|
AVDL
1957
Avadel Pharmaceuticals
AVDL
$1.5B
| $1.49M | ﹤0.01% |
168,000
| – | – |
|
|
NXRT
1958
NexPoint Residential Trust
NXRT
$858M
| $1.48M | ﹤0.01% |
44,309
| – | – |
|
1959
ARS Pharmaceuticals
SPRY
$991M
| $1.47M | ﹤0.01% |
84,300
+8,600
| +11% | +$150K |
|
1960
Capitol Federal Financial
CFFN
$839M
| $1.47M | ﹤0.01% |
241,000
-5,300
| -2% | -$32.3K |
|
1961
Central Pacific Financial
CPF
$826M
| $1.47M | ﹤0.01% |
52,400
| – | – |
|
1962
Tompkins Financial
TMP
$1B
| $1.47M | ﹤0.01% |
23,400
-300
| -1% | -$18.8K |
|
1963
Revolve Group
RVLV
$1.59B
| $1.47M | ﹤0.01% |
73,100
-1,100
| -1% | -$22.1K |
|
|
XIFR
1964
XPLR Infrastructure, LP
XIFR
$947M
| $1.46M | ﹤0.01% |
178,600
-4,100
| -2% | -$33.6K |
|
1965
Old Second Bancorp
OSBC
$961M
| $1.45M | ﹤0.01% |
81,700
-1,500
| -2% | -$26.6K |
|
1966
CorMedix
CRMD
$966M
| $1.45M | ﹤0.01% |
117,600
| – | – |
|
1967
Kennedy-Wilson Holdings
KW
$1.24B
| $1.45M | ﹤0.01% |
212,968
| – | – |
|
1968
Cimpress
CMPR
$1.4B
| $1.45M | ﹤0.01% |
30,800
-900
| -3% | -$42.3K |
|
1969
Kenon Holdings
KEN
$2.43B
| $1.44M | ﹤0.01% |
35,092
-6,046
| -15% | -$249K |
|
|
BDN
1970
Brandywine Realty Trust
BDN
$789M
| $1.44M | ﹤0.01% |
334,500
| – | – |
|
|
RDUS
1971
DELISTED
Radius Recycling
RDUS
| $1.43M | ﹤0.01% |
+48,100
| New | +$1.43M |
|
1972
Hanmi Financial
HAFC
$748M
| $1.42M | ﹤0.01% |
57,700
-800
| -1% | -$19.7K |
|
1973
REX American Resources
REX
$1.01B
| $1.42M | ﹤0.01% |
29,200
-1,400
| -5% | -$68.2K |
|
|
NYAX
1974
Nayax
NYAX
$1.87B
| $1.42M | ﹤0.01% |
28,152
+3,281
| +13% | +$165K |
|
|
ORC
1975
Orchid Island Capital
ORC
$1.04B
| $1.42M | ﹤0.01% |
+202,200
| New | +$1.42M |
|