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 |
Nu Holdings
NU
|
+$91.9M |
| 2 |
SW
Smurfit Westrock plc
SW
|
+$76.1M |
| 3 |
Pinduoduo
PDD
|
+$30.9M |
| 4 |
Microsoft
MSFT
|
+$24.9M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$22.8M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$122M |
| 2 |
Apple
AAPL
|
+$45.4M |
| 3 |
WRK
WestRock Company
WRK
|
+$38.2M |
| 4 |
Danaher
DHR
|
+$29M |
| 5 |
Flutter Entertainment
FLUT
|
+$20.3M |
Sector Composition
| 1 | Technology | 32.64% |
| 2 | Healthcare | 12.18% |
| 3 | Consumer Discretionary | 11.62% |
| 4 | Industrials | 9.2% |
| 5 | Communication Services | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1976
Claros Mortgage Trust
CMTG
$533M
| $1.63M | ﹤0.01% |
218,178
| – | – |
|
1977
Green Plains
GPRE
$635M
| $1.63M | ﹤0.01% |
120,400
| – | – |
|
1978
Genco Shipping & Trading
GNK
$772M
| $1.63M | ﹤0.01% |
83,500
+3,700
| +5% | +$72.2K |
|
1979
Enviri
NVRI
$959M
| $1.63M | ﹤0.01% |
157,200
| – | – |
|
1980
Establishment Labs
ESTA
$1.1B
| $1.62M | ﹤0.01% |
37,500
| – | – |
|
1981
Ducommun
DCO
$1.36B
| $1.61M | ﹤0.01% |
24,500
| – | – |
|
|
BELFB
1982
Bel Fuse Class B
BELFB
$1.84B
| $1.61M | ﹤0.01% |
20,500
-500
| -2% | -$39.3K |
|
1983
Healthcare Services Group
HCSG
$1.14B
| $1.61M | ﹤0.01% |
143,863
-2,300
| -2% | -$25.7K |
|
1984
Gorman-Rupp
GRC
$1.12B
| $1.61M | ﹤0.01% |
41,247
| – | – |
|
1985
Univest Financial
UVSP
$894M
| $1.61M | ﹤0.01% |
57,078
-1,000
| -2% | -$28.1K |
|
1986
NuScale Power
SMR
$4.59B
| $1.6M | ﹤0.01% |
+138,400
| New | +$1.6M |
|
1987
Day One Biopharmaceuticals
DAWN
$744M
| $1.6M | ﹤0.01% |
114,800
+19,400
| +20% | +$270K |
|
1988
CVR Energy
CVI
$3.21B
| $1.6M | ﹤0.01% |
69,400
| – | – |
|
1989
AdvanSix
ASIX
$554M
| $1.6M | ﹤0.01% |
52,600
| – | – |
|
1990
Burke & Herbert Financial Services Corp
BHRB
$932M
| $1.59M | ﹤0.01% |
+26,100
| New | +$1.59M |
|
1991
A-Mark Precious Metals
AMRK
$592M
| $1.59M | ﹤0.01% |
36,000
| – | – |
|
1992
Scholastic
SCHL
$660M
| $1.57M | ﹤0.01% |
49,200
| – | – |
|
1993
Central Pacific Financial
CPF
$834M
| $1.57M | ﹤0.01% |
53,300
| – | – |
|
1994
Grid Dynamics Holdings
GDYN
$635M
| $1.57M | ﹤0.01% |
111,900
| – | – |
|
1995
First Mid Bancshares
FMBH
$954M
| $1.56M | ﹤0.01% |
40,000
| – | – |
|
1996
Relay Therapeutics
RLAY
$700M
| $1.55M | ﹤0.01% |
219,600
+51,800
| +31% | +$367K |
|
1997
Radware
RDWR
$1.1B
| $1.55M | ﹤0.01% |
69,700
-700
| -1% | -$15.6K |
|
1998
Malibu Boats
MBUU
$618M
| $1.55M | ﹤0.01% |
40,000
-500
| -1% | -$19.4K |
|
1999
Gannett
GCI
$601M
| $1.54M | ﹤0.01% |
+273,600
| New | +$1.54M |
|
2000
Heidrick & Struggles
HSII
$1.02B
| $1.53M | ﹤0.01% |
39,500
| – | – |
|