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 | |
|---|---|---|---|---|---|---|
201
Dominion Energy
D
$49.7B
| $128M | 0.08% |
2,370,020
-118,000
| -5% | -$6.36M |
|
202
Edwards Lifesciences
EW
$47.5B
| $126M | 0.08% |
1,701,800
-86,800
| -5% | -$6.43M |
|
203
Waste Connections
WCN
$46.1B
| $125M | 0.08% |
728,945
-36,900
| -5% | -$6.33M |
|
204
Republic Services
RSG
$71.7B
| $125M | 0.08% |
621,130
-33,200
| -5% | -$6.68M |
|
205
Kimberly-Clark
KMB
$43.1B
| $125M | 0.08% |
951,400
-47,900
| -5% | -$6.28M |
|
206
Fidelity National Information Services
FIS
$35.9B
| $124M | 0.08% |
1,541,146
-109,900
| -7% | -$8.88M |
|
|
DFS
207
DELISTED
Discover Financial Services
DFS
| $123M | 0.08% |
709,290
-34,600
| -5% | -$5.99M |
|
208
TE Connectivity
TEL
$61.7B
| $123M | 0.08% |
858,600
-48,100
| -5% | -$6.88M |
|
209
lululemon athletica
LULU
$19.9B
| $121M | 0.08% |
315,700
-22,400
| -7% | -$8.57M |
|
210
Axon Enterprise
AXON
$57.2B
| $121M | 0.08% |
202,900
-9,900
| -5% | -$5.88M |
|
211
Newmont
NEM
$83.7B
| $120M | 0.08% |
3,230,905
-191,700
| -6% | -$7.14M |
|
212
Howmet Aerospace
HWM
$71.8B
| $120M | 0.08% |
1,095,284
-55,700
| -5% | -$6.09M |
|
213
Prudential Financial
PRU
$37.2B
| $120M | 0.08% |
1,008,500
-57,100
| -5% | -$6.77M |
|
214
Public Service Enterprise Group
PEG
$40.5B
| $119M | 0.08% |
1,407,300
-71,300
| -5% | -$6.02M |
|
215
Kroger
KR
$44.8B
| $119M | 0.08% |
1,941,700
-93,500
| -5% | -$5.72M |
|
216
Ametek
AME
$43.3B
| $118M | 0.08% |
654,125
-32,900
| -5% | -$5.93M |
|
217
Fastenal
FAST
$55.1B
| $116M | 0.08% |
3,235,400
-163,400
| -5% | -$5.88M |
|
218
D.R. Horton
DHI
$54.2B
| $116M | 0.08% |
829,000
-50,700
| -6% | -$7.09M |
|
219
PG&E
PCG
$33.2B
| $116M | 0.08% |
5,736,300
-290,000
| -5% | -$5.85M |
|
220
Kenvue
KVUE
$35.7B
| $116M | 0.08% |
5,410,346
-273,000
| -5% | -$5.83M |
|
221
Baker Hughes
BKR
$44.9B
| $115M | 0.08% |
2,806,420
-155,900
| -5% | -$6.4M |
|
222
Vertiv
VRT
$47.4B
| $114M | 0.08% |
1,006,800
-48,800
| -5% | -$5.54M |
|
223
Agnico Eagle Mines
AEM
$76.3B
| $114M | 0.08% |
1,456,058
-50,500
| -3% | -$3.95M |
|
224
CBRE Group
CBRE
$48.9B
| $114M | 0.08% |
865,700
-45,000
| -5% | -$5.91M |
|
225
Datadog
DDOG
$47.5B
| $113M | 0.08% |
792,800
-31,200
| -4% | -$4.46M |
|