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 |
Berkshire Hathaway Class B
BRK.B
|
+$1.6B |
| 2 |
American Express
AXP
|
+$398M |
| 3 |
Capital One
COF
|
+$151M |
| 4 |
Apollo Global Management
APO
|
+$111M |
| 5 |
DFS
Discover Financial Services
DFS
|
+$109M |
Top Sells
| 1 |
Apple
AAPL
|
+$1.16B |
| 2 |
Microsoft
MSFT
|
+$873M |
| 3 |
Amazon
AMZN
|
+$403M |
| 4 |
NVIDIA
NVDA
|
+$356M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$283M |
Sector Composition
| 1 | Technology | 30.21% |
| 2 | Healthcare | 13.75% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Industrials | 9.22% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
KREF
2051
KKR Real Estate Finance Trust
KREF
$638M
| $1.56M | ﹤0.01% |
127,800
+15,900
| +14% | +$194K |
|
2052
ProPetro Holding
PUMP
$506M
| $1.55M | ﹤0.01% |
188,100
+2,700
| +1% | +$22.2K |
|
2053
Koppers
KOP
$570M
| $1.54M | ﹤0.01% |
45,100
| – | – |
|
2054
A-Mark Precious Metals
AMRK
$616M
| $1.53M | ﹤0.01% |
41,000
+500
| +1% | +$18.7K |
|
2055
Udemy
UDMY
$1.11B
| $1.53M | ﹤0.01% |
+142,400
| New | +$1.53M |
|
2056
Ardelyx
ARDX
$1.61B
| $1.52M | ﹤0.01% |
449,500
+85,300
| +23% | +$289K |
|
2057
Matsons
MATX
$3.37B
| $1.52M | ﹤0.01% |
19,600
-800
| -4% | -$62.2K |
|
2058
Denny's
DENN
$270M
| $1.52M | ﹤0.01% |
123,600
| – | – |
|
2059
TFS Financial
TFSL
$3.78B
| $1.52M | ﹤0.01% |
121,000
| – | – |
|
2060
Simulations Plus
SLP
$289M
| $1.52M | ﹤0.01% |
35,100
| – | – |
|
2061
Kymera Therapeutics
KYMR
$3.3B
| $1.52M | ﹤0.01% |
66,100
-10,900
| -14% | -$251K |
|
2062
Health Catalyst
HCAT
$228M
| $1.52M | ﹤0.01% |
121,500
+15,200
| +14% | +$190K |
|
|
NKLA
2063
DELISTED
Nikola Corporation Common Stock
NKLA
| $1.52M | ﹤0.01% |
36,657
+12,540
| +52% | +$519K |
|
2064
Bank First Corp
BFC
$1.26B
| $1.52M | ﹤0.01% |
18,217
+700
| +4% | +$58.2K |
|
|
AAMI
2065
Acadian Asset Management Inc.
AAMI
$1.73B
| $1.51M | ﹤0.01% |
72,226
+700
| +1% | +$14.7K |
|
2066
Integral Ad Science
IAS
$1.44B
| $1.51M | ﹤0.01% |
+84,100
| New | +$1.51M |
|
2067
Cytek Biosciences
CTKB
$525M
| $1.51M | ﹤0.01% |
176,900
+31,300
| +21% | +$267K |
|
2068
Triple Flag Precious Metals
TFPM
$5.96B
| $1.51M | ﹤0.01% |
109,465
| – | – |
|
|
HCCI
2069
DELISTED
Heritage-Crystal Clean, Inc.
HCCI
| $1.5M | ﹤0.01% |
39,800
+5,900
| +17% | +$223K |
|
2070
Tompkins Financial
TMP
$1.02B
| $1.5M | ﹤0.01% |
27,000
-1,100
| -4% | -$61.3K |
|
2071
QCR Holdings
QCRH
$1.32B
| $1.5M | ﹤0.01% |
36,639
+2,000
| +6% | +$82.1K |
|
|
DCPH
2072
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $1.5M | ﹤0.01% |
106,700
-6,000
| -5% | -$84.5K |
|
|
INN
2073
Summit Hotel Properties
INN
$626M
| $1.5M | ﹤0.01% |
230,700
| – | – |
|
2074
Lifestance Health
LFST
$2.08B
| $1.5M | ﹤0.01% |
+163,900
| New | +$1.5M |
|
2075
Arcturus Therapeutics
ARCT
$490M
| $1.49M | ﹤0.01% |
52,100
+700
| +1% | +$20.1K |
|