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 |
Flutter Entertainment
FLUT
|
+$119M |
| 2 |
Corebridge Financial
CRBG
|
+$21.5M |
| 3 |
Williams-Sonoma
WSM
|
+$19.8M |
| 4 |
Samsara
IOT
|
+$19.5M |
| 5 |
Applovin
APP
|
+$17.5M |
Top Sells
| 1 |
Apple
AAPL
|
+$840M |
| 2 |
Microsoft
MSFT
|
+$390M |
| 3 |
NVIDIA
NVDA
|
+$295M |
| 4 |
Amazon
AMZN
|
+$214M |
| 5 |
Meta Platforms (Facebook)
META
|
+$147M |
Sector Composition
| 1 | Technology | 31.25% |
| 2 | Healthcare | 12.76% |
| 3 | Consumer Discretionary | 11.79% |
| 4 | Industrials | 9.49% |
| 5 | Communication Services | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
2201
Independent Bank Corp
IBCP
$661M
| $1.05M | ﹤0.01% |
41,300
| – | – |
|
2202
Ennis
EBF
$463M
| $1.05M | ﹤0.01% |
51,000
| – | – |
|
2203
Kodiak Gas Services
KGS
$2.9B
| $1.04M | ﹤0.01% |
38,200
-7,600
| -17% | -$208K |
|
2204
Altice USA
ATUS
$1.09B
| $1.04M | ﹤0.01% |
399,700
| – | – |
|
2205
Hyster-Yale Materials Handling
HY
$637M
| $1.04M | ﹤0.01% |
16,200
-1,000
| -6% | -$64.2K |
|
2206
Great Southern Bancorp
GSBC
$715M
| $1.04M | ﹤0.01% |
18,900
| – | – |
|
2207
Heritage Commerce
HTBK
$630M
| $1.03M | ﹤0.01% |
120,400
| – | – |
|
2208
Gray Television
GTN
$579M
| $1.03M | ﹤0.01% |
163,400
| – | – |
|
2209
Xperi
XPER
$275M
| $1.03M | ﹤0.01% |
85,398
| – | – |
|
2210
Allient
ALNT
$774M
| $1.03M | ﹤0.01% |
28,754
| – | – |
|
2211
Midland States Bancorp
MSBI
$385M
| $1.03M | ﹤0.01% |
40,800
| – | – |
|
2212
York Water
YORW
$440M
| $1.02M | ﹤0.01% |
28,200
| – | – |
|
2213
Alpha and Omega Semiconductor
AOSL
$858M
| $1.02M | ﹤0.01% |
46,400
| – | – |
|
2214
Lightwave Logic
LWLG
$393M
| $1.02M | ﹤0.01% |
218,100
| – | – |
|
2215
Turning Point Brands
TPB
$1.77B
| $1.02M | ﹤0.01% |
34,700
| – | – |
|
|
FPI
2216
Farmland Partners
FPI
$471M
| $1.01M | ﹤0.01% |
91,400
| – | – |
|
2217
Alignment Healthcare
ALHC
$3.26B
| $1.01M | ﹤0.01% |
204,200
| – | – |
|
2218
Cabaletta Bio
CABA
$159M
| $1.01M | ﹤0.01% |
59,200
+8,200
| +16% | +$140K |
|
2219
Novavax
NVAX
$1.29B
| $1.01M | ﹤0.01% |
211,000
+30,800
| +17% | +$147K |
|
2220
Luminar Technologies
LAZR
$116M
| $1.01M | ﹤0.01% |
34,107
-573
| -2% | -$16.9K |
|
2221
Titan Machinery
TITN
$464M
| $1.01M | ﹤0.01% |
40,600
| – | – |
|
2222
NextDecade
NEXT
$2.12B
| $1.01M | ﹤0.01% |
177,200
+10,700
| +6% | +$60.8K |
|
2223
Opko Health
OPK
$1.12B
| $1.01M | ﹤0.01% |
837,855
| – | – |
|
2224
Stoneridge
SRI
$229M
| $1M | ﹤0.01% |
54,300
| – | – |
|
|
BFS
2225
Saul Centers
BFS
$779M
| $1M | ﹤0.01% |
25,983
| – | – |
|