Swiss National Bank just filed a portfolio update, which we received from a 13F disclosure. This disclosure reflects the funds' holdings for the 09-30-2025 report period. You can see the full portfolio on Quiver Quantitative, and track moves made by other funds.
Per our estimates, the largest stock moves were:
- A decrease of -3,525,700 shares of $NVDA (~$657,825,106). This was a decrease of ~5% from their previous position.
- A decrease of -2,419,300 shares of $AAPL (~$616,026,359). This was a decrease of ~5% from their previous position.
- A decrease of -1,024,200 shares of $MSFT (~$530,484,390). This was a decrease of ~5% from their previous position.
- A decrease of -1,369,700 shares of $AMZN (~$300,745,029). This was a decrease of ~5% from their previous position.
- A decrease of -372,000 shares of $META (~$273,189,360). This was a decrease of ~6% from their previous position.
- A decrease of -880,500 shares of $GOOGL (~$214,049,550). This was a decrease of ~5% from their previous position.
Note that there may be inaccuracies in these estimates due to filing errors by the funds, parsing errors by us, or other anomalies.
Check out Quiver Quantitative's fund page for Swiss National Bank for more details.
