SNB's US Stock Portfolio Surges Past Record $191 Billion
The Swiss National Bank (SNB) has revealed its US stock portfolio hit a new record in the second quarter, according to its latest 13F filing with the Securities and Exchange Commission. The central bank's stakes in over 2,300 companies listed in America were worth $191.4 billion as of June 30.
This represents a more than 10% increase from the previous quarter, marking the highest value on record for the SNB's foreign-exchange reserves held in US stocks.