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 | |
|---|---|---|---|---|---|---|
2051
Tilray
TLRY
$1.36B
| $1.19M | ﹤0.01% |
1,816,638
+40,000
| +2% | +$26.3K |
|
2052
Alpha and Omega Semiconductor
AOSL
$855M
| $1.19M | ﹤0.01% |
47,800
-700
| -1% | -$17.4K |
|
2053
Equity Bancshares
EQBK
$788M
| $1.19M | ﹤0.01% |
30,081
| – | – |
|
2054
Beazer Homes USA
BZH
$775M
| $1.18M | ﹤0.01% |
58,100
| – | – |
|
2055
SITE Centers
SITC
$458M
| $1.18M | ﹤0.01% |
92,100
| – | – |
|
2056
Astronics
ATRO
$1.42B
| $1.18M | ﹤0.01% |
48,900
-5,900
| -11% | -$143K |
|
2057
Vital Energy
VTLE
$617M
| $1.18M | ﹤0.01% |
55,500
+10,400
| +23% | +$221K |
|
2058
AdvanSix
ASIX
$566M
| $1.17M | ﹤0.01% |
51,800
-800
| -2% | -$18.1K |
|
2059
ProPetro Holding
PUMP
$489M
| $1.17M | ﹤0.01% |
159,600
-4,300
| -3% | -$31.6K |
|
2060
CEVA Inc
CEVA
$586M
| $1.17M | ﹤0.01% |
45,800
-700
| -2% | -$17.9K |
|
2061
Malibu Boats
MBUU
$641M
| $1.17M | ﹤0.01% |
38,200
-1,100
| -3% | -$33.7K |
|
|
AHH
2062
Armada Hoffler Properties
AHH
$599M
| $1.16M | ﹤0.01% |
154,484
-2,300
| -1% | -$17.3K |
|
2063
BlueLinx
BXC
$620M
| $1.15M | ﹤0.01% |
15,400
-500
| -3% | -$37.5K |
|
2064
Washington Trust Bancorp
WASH
$560M
| $1.15M | ﹤0.01% |
37,300
| – | – |
|
2065
REX American Resources
REX
$1.01B
| $1.15M | ﹤0.01% |
30,600
-500
| -2% | -$18.8K |
|
2066
PDF Solutions
PDFS
$776M
| $1.15M | ﹤0.01% |
60,100
-900
| -1% | -$17.2K |
|
|
INN
2067
Summit Hotel Properties
INN
$631M
| $1.15M | ﹤0.01% |
212,000
| – | – |
|
2068
Shenandoah Telecom
SHEN
$759M
| $1.15M | ﹤0.01% |
91,172
| – | – |
|
2069
Great Lakes Dredge & Dock
GLDD
$832M
| $1.14M | ﹤0.01% |
131,000
| – | – |
|
|
ADAM
2070
Adamas Trust, Inc. Common Stock
ADAM
$667M
| $1.14M | ﹤0.01% |
175,430
-4,400
| -2% | -$28.6K |
|
2071
Ituran Location and Control
ITRN
$720M
| $1.14M | ﹤0.01% |
31,425
+1,600
| +5% | +$57.9K |
|
2072
Tiptree Inc
TIPT
$889M
| $1.13M | ﹤0.01% |
47,023
| – | – |
|
2073
First Financial Corporation Common Stock
THFF
$687M
| $1.13M | ﹤0.01% |
23,126
| – | – |
|
2074
Vir Biotechnology
VIR
$665M
| $1.13M | ﹤0.01% |
174,700
| – | – |
|
2075
Sezzle
SEZL
$3.02B
| $1.13M | ﹤0.01% |
32,400
-600
| -2% | -$20.9K |
|