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 | |
|---|---|---|---|---|---|---|
|
PRSU
2026
Pursuit Attractions and Hospitality, Inc.
PRSU
$1.02B
| $1.48M | ﹤0.01% |
41,200
| – | – |
|
2027
Centrus Energy
LEU
$3.99B
| $1.48M | ﹤0.01% |
26,900
+600
| +2% | +$32.9K |
|
2028
Heritage Financial
HFWA
$842M
| $1.47M | ﹤0.01% |
67,668
-1,400
| -2% | -$30.5K |
|
|
EFXT
2029
Enerflex
EFXT
$1.26B
| $1.47M | ﹤0.01% |
245,500
| – | – |
|
2030
Castle Biosciences
CSTL
$665M
| $1.46M | ﹤0.01% |
51,300
| – | – |
|
2031
Forward Air
FWRD
$913M
| $1.46M | ﹤0.01% |
41,300
-10,700
| -21% | -$379K |
|
2032
Portillo's
PTLO
$442M
| $1.46M | ﹤0.01% |
108,300
-6,600
| -6% | -$88.9K |
|
2033
Spyre Therapeutics
SYRE
$977M
| $1.46M | ﹤0.01% |
49,600
+13,500
| +37% | +$397K |
|
|
INN
2034
Summit Hotel Properties
INN
$613M
| $1.45M | ﹤0.01% |
212,000
| – | – |
|
2035
Protolabs
PRLB
$1.17B
| $1.45M | ﹤0.01% |
49,500
-1,400
| -3% | -$41.1K |
|
|
TGB
2036
Taseko Mines
TGB
$1.08B
| $1.45M | ﹤0.01% |
572,000
| – | – |
|
2037
Praxis Precision Medicines
PRAX
$847M
| $1.44M | ﹤0.01% |
25,100
-6,900
| -22% | -$397K |
|
2038
Yext
YEXT
$1.04B
| $1.44M | ﹤0.01% |
208,500
| – | – |
|
2039
REX American Resources
REX
$1.01B
| $1.44M | ﹤0.01% |
31,100
| – | – |
|
2040
Capitol Federal Financial
CFFN
$840M
| $1.44M | ﹤0.01% |
246,300
-3,600
| -1% | -$21K |
|
2041
Ethan Allen Interiors
ETD
$745M
| $1.44M | ﹤0.01% |
45,100
| – | – |
|
2042
PROS Holdings
PRO
$727M
| $1.44M | ﹤0.01% |
77,600
| – | – |
|
|
BRSP
2043
BrightSpire Capital
BRSP
$767M
| $1.43M | ﹤0.01% |
256,200
| – | – |
|
2044
SunCoke Energy
SXC
$656M
| $1.43M | ﹤0.01% |
165,050
| – | – |
|
2045
Kodiak Gas Services
KGS
$2.9B
| $1.43M | ﹤0.01% |
49,400
-3,800
| -7% | -$110K |
|
|
KREF
2046
KKR Real Estate Finance Trust
KREF
$644M
| $1.43M | ﹤0.01% |
115,700
| – | – |
|
2047
American Axle
AXL
$704M
| $1.43M | ﹤0.01% |
230,700
| – | – |
|
2048
Blend Labs
BLND
$1.07B
| $1.42M | ﹤0.01% |
+379,200
| New | +$1.42M |
|
2049
TFS Financial
TFSL
$3.76B
| $1.42M | ﹤0.01% |
110,500
| – | – |
|
2050
American Express Global Business Travel
GBTG
$4.2B
| $1.42M | ﹤0.01% |
+184,600
| New | +$1.42M |
|