SNB US Stock Portfolio Surges to Record $191 Billion

The Swiss National Bank (SNB) has reported a significant increase in its US stock portfolio for the second quarter of this year. According to its 13F filing, the value of its foreign-exchange reserves held in US stocks grew by over 10% during this period.

The SNB's stakes in more than 2,300 companies listed in America reached a new record high of $191.4 billion as of June 30. This marks a notable increase from previous quarters and highlights the central bank's significant presence in the US stock market.

The exact composition of the SNB's portfolio is not publicly disclosed, but it is worth noting that its investment strategy has been subject to scrutiny in recent years. Critics have raised concerns about the potential risks associated with investing in individual stocks, particularly given the volatility of global markets.