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 |
Exxon Mobil
XOM
|
+$151M |
| 2 |
GE Vernova
GEV
|
+$139M |
| 3 |
Ferrovial SE
FER
|
+$60.1M |
| 4 |
Strategy Inc Common Stock Class A
MSTR
|
+$24M |
| 5 |
Solventum
SOLV
|
+$22.9M |
Top Sells
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
+$184M |
| 2 |
GE Aerospace
GE
|
+$135M |
| 3 |
Apple
AAPL
|
+$117M |
| 4 |
Microsoft
MSFT
|
+$110M |
| 5 |
Meta Platforms (Facebook)
META
|
+$80.5M |
Sector Composition
| 1 | Technology | 33.84% |
| 2 | Healthcare | 12.16% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Communication Services | 9.35% |
| 5 | Industrials | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
SBOW
2026
DELISTED
SilverBow Resources, Inc.
SBOW
| $1.33M | ﹤0.01% |
35,100
| – | – |
|
2027
Univest Financial
UVSP
$898M
| $1.33M | ﹤0.01% |
58,078
| – | – |
|
2028
Edgewise Therapeutics
EWTX
$1.53B
| $1.33M | ﹤0.01% |
73,600
+6,300
| +9% | +$113K |
|
|
NPKI
2029
NPK International Inc.
NPKI
$900M
| $1.33M | ﹤0.01% |
159,500
| – | – |
|
2030
Praxis Precision Medicines
PRAX
$847M
| $1.32M | ﹤0.01% |
+32,000
| New | +$1.32M |
|
|
EFXT
2031
Enerflex
EFXT
$1.28B
| $1.32M | ﹤0.01% |
245,500
| – | – |
|
2032
Community Trust Bancorp
CTBI
$1.03B
| $1.32M | ﹤0.01% |
30,190
| – | – |
|
2033
Mister Car Wash
MCW
$1.82B
| $1.32M | ﹤0.01% |
184,800
| – | – |
|
2034
Amplitude
AMPL
$1.5B
| $1.32M | ﹤0.01% |
147,800
+15,700
| +12% | +$140K |
|
2035
First Mid Bancshares
FMBH
$957M
| $1.32M | ﹤0.01% |
40,000
-2,400
| -6% | -$78.9K |
|
2036
International Money Express
IMXI
$432M
| $1.32M | ﹤0.01% |
63,100
-2,300
| -4% | -$47.9K |
|
2037
Day One Biopharmaceuticals
DAWN
$743M
| $1.31M | ﹤0.01% |
95,400
| – | – |
|
2038
Dream Finders Homes
DFH
$2.86B
| $1.31M | ﹤0.01% |
50,900
+2,200
| +5% | +$56.8K |
|
2039
Old Second Bancorp
OSBC
$958M
| $1.3M | ﹤0.01% |
88,000
| – | – |
|
2040
ZipRecruiter
ZIP
$425M
| $1.3M | ﹤0.01% |
143,300
+15,500
| +12% | +$141K |
|
2041
ProAssurance
PRA
$1.22B
| $1.3M | ﹤0.01% |
106,300
+5,700
| +6% | +$69.7K |
|
2042
Riskified
RSKD
$732M
| $1.3M | ﹤0.01% |
203,213
+20,000
| +11% | +$128K |
|
2043
Shoe Carnival
SCVL
$650M
| $1.29M | ﹤0.01% |
35,100
| – | – |
|
2044
Tarsus Pharmaceuticals
TARS
$2.16B
| $1.29M | ﹤0.01% |
47,333
+4,900
| +12% | +$133K |
|
2045
Smith & Wesson
SWBI
$417M
| $1.28M | ﹤0.01% |
89,550
-1,300
| -1% | -$18.6K |
|
2046
Radware
RDWR
$1.12B
| $1.28M | ﹤0.01% |
70,400
-4,500
| -6% | -$82.1K |
|
2047
Cullinan Oncology
CGEM
$386M
| $1.28M | ﹤0.01% |
73,600
+27,300
| +59% | +$476K |
|
2048
Mercantile Bank Corp
MBWM
$779M
| $1.28M | ﹤0.01% |
31,600
| – | – |
|
2049
MarineMax
HZO
$566M
| $1.28M | ﹤0.01% |
39,600
| – | – |
|
2050
SpartanNash
SPTN
$898M
| $1.28M | ﹤0.01% |
68,280
| – | – |
|