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 |
Nutrien
NTR
|
+$111M |
| 2 |
WP
Worldpay, Inc.
WP
|
+$37.6M |
| 3 |
Becton Dickinson
BDX
|
+$29.5M |
| 4 |
Alibaba
BABA
|
+$28.3M |
| 5 |
NXP Semiconductors
NXPI
|
+$24.5M |
Top Sells
| 1 |
Apple
AAPL
|
+$431M |
| 2 |
Microsoft
MSFT
|
+$315M |
| 3 |
Amazon
AMZN
|
+$278M |
| 4 |
Meta Platforms (Facebook)
META
|
+$170M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$150M |
Sector Composition
| 1 | Technology | 19.03% |
| 2 | Healthcare | 14.49% |
| 3 | Consumer Discretionary | 11.53% |
| 4 | Industrials | 10.4% |
| 5 | Communication Services | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TRTX
1951
TPG RE Finance Trust
TRTX
$742M
| $1.24M | ﹤0.01% |
62,200
+41,700
| +203% | +$829K |
|
1952
Ambac
AMBC
$413M
| $1.24M | ﹤0.01% |
78,800
+4,400
| +6% | +$69K |
|
1953
Triumph Financial, Inc.
TFIN
$1.4B
| $1.23M | ﹤0.01% |
29,900
| – | – |
|
|
STB
1954
DELISTED
Student Transportation Inc
STB
| $1.23M | ﹤0.01% |
164,757
+11,300
| +7% | +$84.4K |
|
1955
Skywest
SKYW
$4.35B
| $1.23M | ﹤0.01% |
22,600
+1,300
| +6% | +$70.7K |
|
1956
Comtech Telecommunications
CMTL
$69.1M
| $1.23M | ﹤0.01% |
41,100
+2,300
| +6% | +$68.7K |
|
|
NEX
1957
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $1.23M | ﹤0.01% |
83,000
+25,800
| +45% | +$382K |
|
1958
Community Trust Bancorp
CTBI
$1.03B
| $1.22M | ﹤0.01% |
27,090
| – | – |
|
|
OPB
1959
DELISTED
Opus Bank Common Stock
OPB
| $1.22M | ﹤0.01% |
43,692
+5,600
| +15% | +$157K |
|
|
GPMT
1960
Granite Point Mortgage Trust
GPMT
$142M
| $1.22M | ﹤0.01% |
73,577
| – | – |
|
1961
Cerus
CERS
$236M
| $1.22M | ﹤0.01% |
221,900
+37,500
| +20% | +$205K |
|
1962
Horizon Bancorp
HBNC
$833M
| $1.21M | ﹤0.01% |
60,600
| – | – |
|
1963
Geron
GERN
$810M
| $1.21M | ﹤0.01% |
284,400
+32,900
| +13% | +$140K |
|
1964
MACOM Technology Solutions
MTSI
$9.82B
| $1.21M | ﹤0.01% |
72,750
+1,700
| +2% | +$28.2K |
|
|
NPKI
1965
NPK International Inc.
NPKI
$889M
| $1.2M | ﹤0.01% |
148,600
| – | – |
|
|
ECHO
1966
DELISTED
Echo Global Logistics, Inc.
ECHO
| $1.2M | ﹤0.01% |
43,600
| – | – |
|
|
RUTH
1967
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $1.2M | ﹤0.01% |
49,100
| – | – |
|
|
CONN
1968
DELISTED
Conn's Inc.
CONN
| $1.2M | ﹤0.01% |
35,200
+2,800
| +9% | +$95.2K |
|
1969
Northfield Bancorp
NFBK
$492M
| $1.2M | ﹤0.01% |
76,600
+5,100
| +7% | +$79.6K |
|
|
GBNK
1970
DELISTED
Guaranty Bancorp
GBNK
| $1.2M | ﹤0.01% |
42,200
+2,000
| +5% | +$56.7K |
|
1971
Allegiant Air
ALGT
$1.19B
| $1.2M | ﹤0.01% |
6,928
+200
| +3% | +$34.5K |
|
1972
Camden National
CAC
$684M
| $1.2M | ﹤0.01% |
26,861
| – | – |
|
1973
TrueCar
TRUE
$215M
| $1.19M | ﹤0.01% |
125,800
| – | – |
|
1974
Diamond Hill
DHIL
$387M
| $1.19M | ﹤0.01% |
5,754
+200
| +4% | +$41.3K |
|
1975
Ezcorp Inc
EZPW
$1.04B
| $1.19M | ﹤0.01% |
89,950
| – | – |
|