Swiss National Bank US Stock Holdings $173.8B

SNB's US equity portfolio grew ~3% in Q1, reaching $173.8 billion as of March 30, 2026.
The holdings represent the highest level in four years and the second‑largest ever, trailing the $177 billion peak in March 2022.
SNB owns stakes in over 2,300 US‑listed firms, with Nvidia, Apple and Microsoft as top three, and a $981 million position in Palantir despite protests.