Institutional Manager · CIK 0001582202
Swiss National Bank
ZURICH, V8 · File #028-15577
Latest AUM
$168.01B
Positions
2,311
Top-10 Concentration
64.8%
Filings
9
Portfolio Value Over Time
2024-03
2024-06
2024-09
2024-12
2025-03
2025-06
2025-09
2025-12
Biggest QoQ Changes
Ranked by conviction flow (share change × current price) so mark-to-market moves don't dominate. Price effect column shows how much of the $ change was just the stock moving.
| Action | Issuer | Ticker / CUSIP | Δ Shares | Flow ($) | Price Effect |
|---|---|---|---|---|---|
| ADD | NETFLIX INC | NFLX | +10,417,390 | +$976.7M | -$1.36B |
| REDUCE | NVIDIA CORPORATION | NVDA | -3,746,700 | -$698.8M | -$5.6M |
| REDUCE | APPLE INC | AAPL | -2,387,100 | -$649.0M | +$741.8M |
| REDUCE | MICROSOFT CORP | MSFT | -1,003,220 | -$485.2M | -$698.7M |
| ADD | SERVICENOW INC | NOW | +2,252,800 | +$345.1M | -$458.0M |
| REDUCE | AMAZON COM INC | AMZN | -1,240,200 | -$286.3M | +$309.9M |
| REDUCE | TESLA INC | TSLA | -611,120 | -$274.8M | +$41.8M |
| REDUCE | ALPHABET INC | GOOG | -836,200 | -$261.7M | +$1.17B |
| REDUCE | ALPHABET INC | GOOG | -770,600 | -$241.8M | +$994.9M |
| REDUCE | META PLATFORMS INC | META | -312,640 | -$206.4M | -$465.0M |
Sector Allocation
Filing History
- 13F HOLDINGS REPORTQ/E Dec 20252,311 pos · $168.01B
- 13F HOLDINGS REPORTQ/E Sep 20252,315 pos · $172.35B
- 13F HOLDINGS REPORTQ/E Jun 20252,332 pos · $166.94B
- 13F HOLDINGS REPORTQ/E Mar 20252,397 pos · $141.58B
- 13F HOLDINGS REPORTQ/E Dec 20242,440 pos · $150.33B
- 13F HOLDINGS REPORTQ/E Sep 20242,465 pos · $153.96B
- 13F HOLDINGS REPORTQ/E Jun 20242,458 pos · $145.54B
- 13F HOLDINGS REPORTQ/E Mar 20242,505 pos · $142.69B
- 13F HOLDINGS REPORTQ/E Dec 20232,608 pos · $127.49B
Top 20 Holdings — Dec 2025
| # | Issuer | Ticker | Shares | Value | % of Portfolio |
|---|---|---|---|---|---|
| 1 | NVIDIA CORPORATION | NVDA | 66,589,000 | $12.42B | 12.95% |
| 2 | APPLE INC | AAPL | 40,667,068 | $11.06B | 11.53% |
| 3 | MICROSOFT CORP | MSFT | 19,350,650 | $9.36B | 9.76% |
| 4 | AMAZON COM INC | AMZN | 26,302,400 | $6.07B | 6.33% |
| 5 | ALPHABET INC | GOOG | 15,940,400 | $4.99B | 5.20% |
| 6 | BROADCOM INC | AVGO | 12,293,610 | $4.25B | 4.44% |
| 7 | ALPHABET INC | GOOG | 13,391,800 | $4.20B | 4.38% |
| 8 | META PLATFORMS INC | META | 5,945,960 | $3.92B | 4.09% |
| 9 | TESLA INC | TSLA | 7,745,055 | $3.48B | 3.63% |
| 10 | ELI LILLY & CO | LLY | 2,204,510 | $2.37B | 2.47% |
| 11 | BERKSHIRE HATHAWAY INC DEL | BRK-A | 3,777,645 | $1.90B | 1.98% |
| 12 | VISA INC | V | 4,654,880 | $1.63B | 1.70% |
| 13 | EXXON MOBIL CORP | XOM | 11,682,618 | $1.41B | 1.47% |
| 14 | JOHNSON & JOHNSON | JNJ | 6,599,607 | $1.37B | 1.42% |
| 15 | WALMART INC | WMT | 12,016,400 | $1.34B | 1.40% |
| 16 | MASTERCARD INCORPORATED | MA | 2,335,860 | $1.33B | 1.39% |
| 17 | PALANTIR TECHNOLOGIES INC | PLTR | 6,236,100 | $1.11B | 1.16% |
| 18 | ABBVIE INC | ABBV | 4,840,810 | $1.11B | 1.15% |
| 19 | NETFLIX INC | NFLX | 11,644,190 | $1.09B | 1.14% |
| 20 | COSTCO WHSL CORP NEW | 22160K105 | 1,214,460 | $1.05B | 1.09% |