Swiss National Bank's US Stock Holdings Hit Record High, Nvidia, Apple, and Microsoft Rank Top Three

TechFlow news, on August 11, the value of US stock foreign exchange reserves held by the Swiss National Bank grew by over 10% in the second quarter, reaching a record high. According to the 13F-HR filing submitted by the Swiss National Bank to the U.S. Securities and Exchange Commission on Tuesday, as of June 30, the bank held shares in over 2,300 US listed companies, with a total value of $191.4 billion.

The Swiss National Bank allocates slightly more than one-quarter of its foreign exchange reserves to stocks, part of which is invested in the United States. The top three holdings are NVIDIA (NVDA.O), Apple (AAPL.O), and Microsoft (MSFT.O). The bank also holds shares in defense software company Palantir worth $716.6 million. Although activist investors previously requested it to sell its Palantir holdings of approximately $1.1 billion, the Swiss National Bank refused.