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 |
First Solar
FSLR
|
+$24.3M |
| 2 |
Lamb Weston
LW
|
+$21.6M |
| 3 |
Ovintiv
OVV
|
+$21.3M |
| 4 |
Hubbell
HUBB
|
+$21.3M |
| 5 |
U-Haul Holding Co Series N
UHAL.B
|
+$19.6M |
Top Sells
| 1 |
Apple
AAPL
|
+$627M |
| 2 |
Microsoft
MSFT
|
+$479M |
| 3 |
Amazon
AMZN
|
+$203M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$169M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$150M |
Sector Composition
| 1 | Technology | 25.32% |
| 2 | Healthcare | 16.62% |
| 3 | Consumer Discretionary | 10.98% |
| 4 | Industrials | 9.74% |
| 5 | Consumer Staples | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2026
Sinclair Inc
SBGI
$969M
| $1.64M | ﹤0.01% |
105,750
| – | – |
|
|
PTRA
2027
DELISTED
Proterra Inc. Common Stock
PTRA
| $1.64M | ﹤0.01% |
434,800
+11,800
| +3% | +$44.5K |
|
2028
LSB Industries
LXU
$575M
| $1.64M | ﹤0.01% |
123,200
+34,100
| +38% | +$454K |
|
2029
Amerant Bancorp
AMTB
$880M
| $1.63M | ﹤0.01% |
60,800
| – | – |
|
|
PAYA
2030
DELISTED
Paya Holdings Inc. Class A Common Stock
PAYA
| $1.63M | ﹤0.01% |
207,300
+5,100
| +3% | +$40.1K |
|
|
ESTE
2031
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $1.63M | ﹤0.01% |
114,500
+11,300
| +11% | +$161K |
|
2032
Standard Motor Products
SMP
$897M
| $1.63M | ﹤0.01% |
46,800
| – | – |
|
2033
RPC Inc
RES
$1.03B
| $1.63M | ﹤0.01% |
183,100
+5,200
| +3% | +$46.2K |
|
|
FRG
2034
DELISTED
Franchise Group, Inc.
FRG
| $1.62M | ﹤0.01% |
68,200
+1,200
| +2% | +$28.6K |
|
2035
MarineMax
HZO
$565M
| $1.62M | ﹤0.01% |
52,000
+900
| +2% | +$28.1K |
|
2036
Thermon Group Holdings
THR
$855M
| $1.62M | ﹤0.01% |
80,800
+1,900
| +2% | +$38.2K |
|
|
LGF.B
2037
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $1.62M | ﹤0.01% |
297,994
+10,800
| +4% | +$58.6K |
|
2038
Goosehead Insurance
GSHD
$2.05B
| $1.62M | ﹤0.01% |
47,100
+1,100
| +2% | +$37.8K |
|
|
NAPA
2039
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $1.61M | ﹤0.01% |
97,300
+2,400
| +3% | +$39.8K |
|
2040
Portillo's
PTLO
$443M
| $1.61M | ﹤0.01% |
98,500
+29,700
| +43% | +$485K |
|
2041
Alpha and Omega Semiconductor
AOSL
$870M
| $1.61M | ﹤0.01% |
56,200
+1,600
| +3% | +$45.7K |
|
2042
Aspen Aerogels
ASPN
$550M
| $1.6M | ﹤0.01% |
135,900
+58,900
| +76% | +$694K |
|
2043
Repay Holdings
RPAY
$503M
| $1.6M | ﹤0.01% |
198,483
+3,600
| +2% | +$29K |
|
2044
Pitney Bowes
PBI
$1.95B
| $1.6M | ﹤0.01% |
419,900
+8,000
| +2% | +$30.4K |
|
2045
Barrett Business Services
BBSI
$1.21B
| $1.6M | ﹤0.01% |
68,400
-1,200
| -2% | -$28K |
|
2046
BlueLinx
BXC
$642M
| $1.59M | ﹤0.01% |
22,400
-600
| -3% | -$42.7K |
|
|
BLU
2047
DELISTED
BELLUS Health Inc.
BLU
| $1.59M | ﹤0.01% |
194,400
+2,700
| +1% | +$22.1K |
|
2048
IMAX
IMAX
$1.72B
| $1.59M | ﹤0.01% |
108,300
-3,200
| -3% | -$46.9K |
|
|
DCPH
2049
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $1.59M | ﹤0.01% |
96,800
+2,600
| +3% | +$42.6K |
|
2050
Enhabit
EHAB
$412M
| $1.58M | ﹤0.01% |
119,750
+2,600
| +2% | +$34.2K |
|