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 |
Spotify
SPOT
|
+$189M |
| 2 |
Boeing
BA
|
+$57.2M |
| 3 |
Carvana
CVNA
|
+$23.2M |
| 4 |
ConocoPhillips
COP
|
+$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
+$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
+$500M |
| 2 |
Microsoft
MSFT
|
+$426M |
| 3 |
Amazon
AMZN
|
+$245M |
| 4 |
Meta Platforms (Facebook)
META
|
+$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2076
JetBlue
JBLU
$1.85B
| $1.34M | ﹤0.01% |
170,500
+6,300
| +4% | +$49.5K |
|
2077
Udemy
UDMY
$1B
| $1.34M | ﹤0.01% |
162,700
-3,100
| -2% | -$25.5K |
|
2078
Mercantile Bank Corp
MBWM
$777M
| $1.33M | ﹤0.01% |
29,900
| – | – |
|
2079
Northeast Bank
NBN
$941M
| $1.33M | ﹤0.01% |
+14,500
| New | +$1.33M |
|
2080
Herbalife
HLF
$958M
| $1.33M | ﹤0.01% |
198,172
+3,100
| +2% | +$20.7K |
|
2081
V2X
VVX
$1.73B
| $1.32M | ﹤0.01% |
27,700
+3,100
| +13% | +$148K |
|
2082
Hovnanian Enterprises
HOV
$869M
| $1.32M | ﹤0.01% |
9,900
+500
| +5% | +$66.9K |
|
2083
Zymeworks
ZYME
$1.15B
| $1.32M | ﹤0.01% |
90,200
| – | – |
|
2084
Forward Air
FWRD
$913M
| $1.32M | ﹤0.01% |
40,900
-400
| -1% | -$12.9K |
|
2085
OneSpan
OSPN
$578M
| $1.31M | ﹤0.01% |
70,700
+4,200
| +6% | +$77.9K |
|
2086
Koppers
KOP
$543M
| $1.31M | ﹤0.01% |
40,400
-1,300
| -3% | -$42.1K |
|
2087
CVR Energy
CVI
$3.21B
| $1.3M | ﹤0.01% |
69,400
| – | – |
|
2088
REX American Resources
REX
$1.01B
| $1.3M | ﹤0.01% |
31,100
| – | – |
|
|
SVM
2089
Silvercorp Metals
SVM
$1.09B
| $1.29M | ﹤0.01% |
428,500
+22,800
| +6% | +$68.5K |
|
2090
Vir Biotechnology
VIR
$713M
| $1.28M | ﹤0.01% |
174,700
-10,500
| -6% | -$77.1K |
|
2091
Equity Bancshares
EQBK
$809M
| $1.28M | ﹤0.01% |
30,081
+3,200
| +12% | +$136K |
|
2092
Liquidia Corp
LQDA
$2.35B
| $1.27M | ﹤0.01% |
107,900
+18,400
| +21% | +$216K |
|
2093
Ethan Allen Interiors
ETD
$745M
| $1.27M | ﹤0.01% |
45,100
| – | – |
|
|
MAGN
2094
Magnera Corporation
MAGN
$404M
| $1.27M | ﹤0.01% |
+69,731
| New | +$1.27M |
|
|
OKLO
2095
Oklo
OKLO
$10.9B
| $1.27M | ﹤0.01% |
59,600
| – | – |
|
2096
89bio
ETNB
$1.26B
| $1.26M | ﹤0.01% |
161,600
+21,100
| +15% | +$165K |
|
2097
Pliant Therapeutics
PLRX
$104M
| $1.26M | ﹤0.01% |
95,700
+1,500
| +2% | +$19.8K |
|
2098
Couchbase
BASE
$1.35B
| $1.26M | ﹤0.01% |
80,700
+2,100
| +3% | +$32.7K |
|
2099
Replimune Group
REPL
$468M
| $1.26M | ﹤0.01% |
103,700
+37,800
| +57% | +$458K |
|
2100
Standard Motor Products
SMP
$874M
| $1.25M | ﹤0.01% |
40,500
| – | – |
|