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 |
Visa
V
|
+$55.5M |
| 2 |
Strategy Inc Common Stock Class A
MSTR
|
+$35.4M |
| 3 |
International Paper
IP
|
+$25.3M |
| 4 |
DoorDash
DASH
|
+$21.9M |
| 5 |
Natera
NTRA
|
+$17.1M |
Top Sells
| 1 |
Chevron
CVX
|
+$712M |
| 2 |
Apple
AAPL
|
+$120M |
| 3 |
Interactive Brokers
IBKR
|
+$38.1M |
| 4 |
NVIDIA
NVDA
|
+$24.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$23.8M |
Sector Composition
| 1 | Technology | 31.47% |
| 2 | Healthcare | 11.82% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Communication Services | 9.55% |
| 5 | Industrials | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ML
2001
DELISTED
MoneyLion Inc.
ML
| $1.32M | ﹤0.01% |
15,300
+2,400
| +19% | +$208K |
|
2002
American Express Global Business Travel
GBTG
$4.4B
| $1.32M | ﹤0.01% |
182,300
-2,300
| -1% | -$16.7K |
|
2003
CVR Energy
CVI
$3.36B
| $1.32M | ﹤0.01% |
68,200
-1,200
| -2% | -$23.3K |
|
2004
F&G Annuities & Life
FG
$4.58B
| $1.32M | ﹤0.01% |
36,700
-400
| -1% | -$14.4K |
|
2005
American Superconductor
AMSC
$2.57B
| $1.32M | ﹤0.01% |
72,600
-2,700
| -4% | -$49K |
|
|
AVDL
2006
Avadel Pharmaceuticals
AVDL
$1.5B
| $1.32M | ﹤0.01% |
168,000
-2,400
| -1% | -$18.8K |
|
2007
Ceco Environmental
CECO
$1.82B
| $1.31M | ﹤0.01% |
57,600
-700
| -1% | -$16K |
|
2008
Mercantile Bank Corp
MBWM
$775M
| $1.3M | ﹤0.01% |
29,900
| – | – |
|
2009
NETGEAR
NTGR
$844M
| $1.3M | ﹤0.01% |
53,000
-900
| -2% | -$22K |
|
2010
Kenon Holdings
KEN
$2.18B
| $1.29M | ﹤0.01% |
41,138
-1,103
| -3% | -$34.7K |
|
2011
Yext
YEXT
$1.08B
| $1.29M | ﹤0.01% |
210,100
-3,800
| -2% | -$23.4K |
|
|
PLYM
2012
Plymouth Industrial REIT
PLYM
$990M
| $1.29M | ﹤0.01% |
79,200
-1,200
| -1% | -$19.6K |
|
|
OKLO
2013
Oklo
OKLO
$14.1B
| $1.29M | ﹤0.01% |
59,600
| – | – |
|
2014
BJ's Restaurants
BJRI
$664M
| $1.29M | ﹤0.01% |
37,600
-1,500
| -4% | -$51.4K |
|
2015
Avanos Medical
AVNS
$558M
| $1.28M | ﹤0.01% |
89,600
| – | – |
|
2016
Owens & Minor
OMI
$380M
| $1.28M | ﹤0.01% |
142,000
+5,500
| +4% | +$49.7K |
|
|
PDS
2017
Precision Drilling
PDS
$774M
| $1.28M | ﹤0.01% |
27,500
-400
| -1% | -$18.6K |
|
2018
Integral Ad Science
IAS
$1.4B
| $1.28M | ﹤0.01% |
158,700
| – | – |
|
2019
Horizon Bancorp
HBNC
$834M
| $1.28M | ﹤0.01% |
84,750
-1,300
| -2% | -$19.6K |
|
2020
Sturm, Ruger & Co
RGR
$637M
| $1.28M | ﹤0.01% |
32,500
-700
| -2% | -$27.5K |
|
|
GOOD
2021
Gladstone Commercial Corp
GOOD
$605M
| $1.27M | ﹤0.01% |
85,100
+1,400
| +2% | +$21K |
|
2022
Adtran
ADTN
$694M
| $1.27M | ﹤0.01% |
+146,000
| New | +$1.27M |
|
2023
Couchbase
BASE
$1.35B
| $1.27M | ﹤0.01% |
80,700
| – | – |
|
2024
Matthews International
MATW
$799M
| $1.27M | ﹤0.01% |
57,096
| – | – |
|
2025
XPEL
XPEL
$936M
| $1.27M | ﹤0.01% |
43,200
| – | – |
|