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 |
Viatris
VTRS
|
$53.9M |
| 2 |
Pinduoduo
PDD
|
$46.6M |
| 3 |
Cloudflare
NET
|
$44.2M |
| 4 |
Enphase Energy
ENPH
|
$42M |
| 5 |
NIO
NIO
|
$39M |
Top Sells
| 1 |
Apple
AAPL
|
$385M |
| 2 |
Microsoft
MSFT
|
$198M |
| 3 |
Amazon
AMZN
|
$138M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$76.7M |
| 5 |
Meta Platforms (Facebook)
META
|
$76.7M |
Sector Composition
| 1 | Technology | 26.42% |
| 2 | Healthcare | 14.37% |
| 3 | Consumer Discretionary | 13.81% |
| 4 | Communication Services | 10.63% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Wheaton Precious Metals
WPM
$46.5B
| $150M | 0.11% |
3,601,600
-149,800
| -4% | -$6.26M |
|
177
Baidu
BIDU
$33.1B
| $149M | 0.11% |
691,194
-18,000
| -3% | -$3.89M |
|
178
Digital Realty Trust
DLR
$55.1B
| $148M | 0.11% |
1,061,512
-27,100
| -2% | -$3.78M |
|
|
179
NIO
NIO
$14.2B
| $148M | 0.1% |
3,026,598
+799,940
| +36% | +$39M |
|
180
DocuSign
DOCU
$15.3B
| $146M | 0.1% |
658,717
-18,500
| -3% | -$4.11M |
|
181
Biogen
BIIB
$20.8B
| $146M | 0.1% |
597,958
-37,300
| -6% | -$9.13M |
|
182
eBay
EBAY
$41.2B
| $146M | 0.1% |
2,908,124
-86,400
| -3% | -$4.34M |
|
183
Palo Alto Networks
PANW
$128B
| $146M | 0.1% |
410,786
-9,800
| -2% | -$3.48M |
|
184
Church & Dwight Co
CHD
$22.7B
| $145M | 0.1% |
1,656,691
-7,700
| -0.5% | -$672K |
|
185
Cadence Design Systems
CDNS
$94.6B
| $144M | 0.1% |
1,052,742
-33,900
| -3% | -$4.62M |
|
186
Travelers Companies
TRV
$62.3B
| $141M | 0.1% |
1,007,297
-27,200
| -3% | -$3.82M |
|
187
Match Group
MTCH
$9.04B
| $141M | 0.1% |
932,694
-23,300
| -2% | -$3.52M |
|
188
AutoZone
AZO
$70.1B
| $141M | 0.1% |
118,773
-2,100
| -2% | -$2.49M |
|
189
Waste Connections
WCN
$46.5B
| $140M | 0.1% |
1,365,083
-22,600
| -2% | -$2.32M |
|
190
Chipotle Mexican Grill
CMG
$56B
| $139M | 0.1% |
100,463
-2,600
| -3% | -$3.61M |
|
191
Sempra
SRE
$53.7B
| $139M | 0.1% |
1,092,348
-46,300
| -4% | -$5.9M |
|
192
Constellation Brands
STZ
$25.8B
| $139M | 0.1% |
634,457
-19,000
| -3% | -$4.16M |
|
193
Veeva Systems
VEEV
$44.4B
| $139M | 0.1% |
510,056
-14,800
| -3% | -$4.03M |
|
194
Manulife Financial
MFC
$51.8B
| $138M | 0.1% |
7,770,300
-379,200
| -5% | -$6.75M |
|
195
Verisk Analytics
VRSK
$37.5B
| $138M | 0.1% |
665,802
-15,600
| -2% | -$3.24M |
|
196
Agilent Technologies
A
$35.5B
| $138M | 0.1% |
1,165,883
-39,500
| -3% | -$4.68M |
|
197
Monster Beverage
MNST
$62B
| $138M | 0.1% |
1,493,536
-43,800
| -3% | -$4.05M |
|
198
CoStar Group
CSGP
$37.2B
| $137M | 0.1% |
148,600
-4,600
| -3% | -$4.25M |
|
199
Marriott International Class A Common Stock
MAR
$72B
| $137M | 0.1% |
1,041,070
-31,800
| -3% | -$4.2M |
|
200
Broadridge
BR
$29.3B
| $137M | 0.1% |
895,789
-23,300
| -3% | -$3.57M |
|