Swiss National Bank Portfolio holdings
The Swiss National Bank (SNB), founded in 1907 and headquartered in Zurich with an office in Bern, is Switzerland’s central bank, responsible for conducting monetary policy, issuing the Swiss franc, and ensuring price stability, while uniquely managing a massive investment portfolio. Unlike most central banks, the SNB is a joint-stock company with shares traded on the SIX Swiss Exchange, owned roughly 55% by public entities like cantons and 45% by private investors, yet it operates independently under federal oversight. It holds over $800 billion in foreign currency reserves as of late 2024—invested in global equities, bonds, and gold—to manage the franc’s value, famously intervening in markets to prevent excessive appreciation, as seen with the 2015 abandonment of the euro peg. Led by Chairman Thomas Jordan until his planned exit in September 2024, the SNB balances its dual role as a monetary authority and a significant global investor, influencing both Swiss and international financial stability.
Top Buys
| 1 |
CRH
CRH
|
$150M |
| 2 |
Kenvue
KVUE
|
$98.9M |
| 3 |
Sempra
SRE
|
$60.4M |
| 4 |
Copart
CPRT
|
$52.4M |
| 5 |
Textron
TXT
|
$50.7M |
Top Sells
| 1 |
Apple
AAPL
|
$1.12B |
| 2 |
Microsoft
MSFT
|
$890M |
| 3 |
Amazon
AMZN
|
$463M |
| 4 |
NVIDIA
NVDA
|
$425M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$316M |
Sector Composition
| 1 | Technology | 29.44% |
| 2 | Healthcare | 13.62% |
| 3 | Consumer Discretionary | 11.97% |
| 4 | Industrials | 9.14% |
| 5 | Communication Services | 8.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
Estee Lauder
EL
$32.3B
| $108M | 0.08% |
745,900
-90,900
| -11% | -$13.1M |
|
227
Moderna
MRNA
$9.22B
| $108M | 0.08% |
1,042,300
-141,700
| -12% | -$14.6M |
|
228
Sysco
SYY
$38.7B
| $108M | 0.08% |
1,629,700
-203,500
| -11% | -$13.4M |
|
229
Kinder Morgan
KMI
$59.5B
| $108M | 0.08% |
6,485,374
-821,800
| -11% | -$13.6M |
|
230
Otis Worldwide
OTIS
$33.6B
| $107M | 0.08% |
1,329,443
-163,000
| -11% | -$13.1M |
|
231
Agilent Technologies
A
$35.1B
| $106M | 0.08% |
950,100
-117,800
| -11% | -$13.2M |
|
232
D.R. Horton
DHI
$50.8B
| $106M | 0.08% |
987,400
-128,800
| -12% | -$13.8M |
|
233
L3Harris
LHX
$51.9B
| $106M | 0.08% |
608,929
-77,100
| -11% | -$13.4M |
|
234
Rockwell Automation
ROK
$37.7B
| $106M | 0.08% |
369,600
-45,000
| -11% | -$12.9M |
|
235
Fidelity National Information Services
FIS
$35.9B
| $105M | 0.08% |
1,905,446
-234,200
| -11% | -$12.9M |
|
236
Cummins
CMI
$54.3B
| $104M | 0.08% |
455,300
-55,900
| -11% | -$12.8M |
|
237
Nutrien
NTR
$27.9B
| $103M | 0.08% |
1,661,836
-218,900
| -12% | -$13.6M |
|
238
Republic Services
RSG
$73.1B
| $101M | 0.08% |
712,230
-87,300
| -11% | -$12.4M |
|
239
Xcel Energy
XEL
$42.7B
| $101M | 0.08% |
1,770,200
-217,000
| -11% | -$12.4M |
|
240
CoStar Group
CSGP
$37.7B
| $101M | 0.08% |
1,314,100
-155,100
| -11% | -$11.9M |
|
241
Cenovus Energy
CVE
$30.2B
| $101M | 0.08% |
4,796,735
-587,100
| -11% | -$12.3M |
|
242
W.W. Grainger
GWW
$48.8B
| $101M | 0.08% |
145,300
-18,000
| -11% | -$12.5M |
|
243
Fastenal
FAST
$56.8B
| $100M | 0.08% |
1,837,500
-224,900
| -11% | -$12.3M |
|
244
Electronic Arts
EA
$43.3B
| $100M | 0.08% |
831,500
-158,900
| -16% | -$19.1M |
|
245
Cencora
COR
$57.5B
| $99.5M | 0.08% |
553,100
-67,700
| -11% | -$12.2M |
|
|
246
Kenvue
KVUE
$39.9B
| $98.9M | 0.08% |
+4,927,446
| New | +$98.9M |
|
247
Atlassian
TEAM
$45.5B
| $98.5M | 0.08% |
488,567
-53,600
| -10% | -$10.8M |
|
248
Devon Energy
DVN
$22.9B
| $98.4M | 0.08% |
2,063,939
-298,200
| -13% | -$14.2M |
|
249
PG&E
PCG
$33.7B
| $98.4M | 0.08% |
6,098,400
-388,800
| -6% | -$6.27M |
|
250
PPG Industries
PPG
$24.6B
| $98.3M | 0.08% |
757,300
-92,800
| -11% | -$12M |
|