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 | |
|---|---|---|---|---|---|---|
2201
Xperi
XPER
$275M
| $1.19M | ﹤0.01% |
90,698
| – | – |
|
2202
Hackett Group
HCKT
$563M
| $1.19M | ﹤0.01% |
53,292
-1,700
| -3% | -$38K |
|
2203
Enhabit
EHAB
$409M
| $1.19M | ﹤0.01% |
103,550
-3,500
| -3% | -$40.3K |
|
2204
Allient
ALNT
$774M
| $1.19M | ﹤0.01% |
29,754
+600
| +2% | +$24K |
|
2205
Community Trust Bancorp
CTBI
$1.04B
| $1.18M | ﹤0.01% |
33,290
-1,500
| -4% | -$53.4K |
|
2206
Harrow
HROW
$1.44B
| $1.18M | ﹤0.01% |
+62,000
| New | +$1.18M |
|
2207
Franklin Covey
FC
$234M
| $1.18M | ﹤0.01% |
27,000
| – | – |
|
2208
Argan
AGX
$3.12B
| $1.18M | ﹤0.01% |
29,900
| – | – |
|
2209
Trustco Bank Corp NY
TRST
$744M
| $1.18M | ﹤0.01% |
41,120
| – | – |
|
2210
Great Lakes Dredge & Dock
GLDD
$815M
| $1.17M | ﹤0.01% |
142,800
| – | – |
|
|
HPP
2211
Hudson Pacific Properties
HPP
$1.1B
| $1.16M | ﹤0.01% |
276,050
-28,100
| -9% | -$119K |
|
2212
Sinclair Inc
SBGI
$933M
| $1.16M | ﹤0.01% |
84,250
-9,700
| -10% | -$134K |
|
2213
Clearwater Paper
CLW
$342M
| $1.16M | ﹤0.01% |
37,000
+800
| +2% | +$25.1K |
|
2214
GoPro
GPRO
$258M
| $1.16M | ﹤0.01% |
279,900
| – | – |
|
2215
PC Connection
CNXN
$1.6B
| $1.15M | ﹤0.01% |
25,600
| – | – |
|
2216
Heidrick & Struggles
HSII
$1.02B
| $1.15M | ﹤0.01% |
43,600
+700
| +2% | +$18.5K |
|
2217
i3 Verticals
IIIV
$720M
| $1.15M | ﹤0.01% |
50,400
+800
| +2% | +$18.3K |
|
2218
E.W. Scripps
SSP
$246M
| $1.15M | ﹤0.01% |
125,916
+10,100
| +9% | +$92.4K |
|
2219
Global Industrial
GIC
$1.44B
| $1.15M | ﹤0.01% |
41,400
+4,500
| +12% | +$125K |
|
2220
Univest Financial
UVSP
$894M
| $1.14M | ﹤0.01% |
63,078
| – | – |
|
2221
Diamond Hill
DHIL
$387M
| $1.14M | ﹤0.01% |
6,654
+200
| +3% | +$34.3K |
|
2222
Hyster-Yale Materials Handling
HY
$637M
| $1.14M | ﹤0.01% |
20,400
+600
| +3% | +$33.5K |
|
2223
Ennis
EBF
$463M
| $1.14M | ﹤0.01% |
55,800
| – | – |
|
2224
Grid Dynamics Holdings
GDYN
$635M
| $1.13M | ﹤0.01% |
122,200
+18,300
| +18% | +$169K |
|
2225
Aclaris Therapeutics
ACRS
$221M
| $1.13M | ﹤0.01% |
108,900
+8,100
| +8% | +$84K |
|