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 |
Flutter Entertainment
FLUT
|
$119M |
| 2 |
Corebridge Financial
CRBG
|
$21.5M |
| 3 |
Williams-Sonoma
WSM
|
$19.8M |
| 4 |
Samsara
IOT
|
$19.5M |
| 5 |
Applovin
APP
|
$17.5M |
Top Sells
| 1 |
Apple
AAPL
|
$840M |
| 2 |
Microsoft
MSFT
|
$390M |
| 3 |
NVIDIA
NVDA
|
$295M |
| 4 |
Amazon
AMZN
|
$214M |
| 5 |
Meta Platforms (Facebook)
META
|
$147M |
Sector Composition
| 1 | Technology | 31.25% |
| 2 | Healthcare | 12.76% |
| 3 | Consumer Discretionary | 11.79% |
| 4 | Industrials | 9.5% |
| 5 | Communication Services | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
L3Harris
LHX
$51B
| $121M | 0.08% |
567,629
-23,800
| -4% | -$5.07M |
|
|
227
Flutter Entertainment
FLUT
$51.9B
| $119M | 0.08% |
+598,808
| New | +$119M |
|
228
Paychex
PAYX
$48.7B
| $119M | 0.08% |
969,900
-46,700
| -5% | -$5.73M |
|
229
General Mills
GIS
$27B
| $119M | 0.08% |
1,700,700
-117,000
| -6% | -$8.19M |
|
230
CoStar Group
CSGP
$37.9B
| $118M | 0.08% |
1,222,900
-54,000
| -4% | -$5.22M |
|
231
Kroger
KR
$44.8B
| $117M | 0.08% |
2,046,800
-90,100
| -4% | -$5.15M |
|
232
Trade Desk
TTD
$25.5B
| $117M | 0.08% |
1,336,500
-58,700
| -4% | -$5.13M |
|
233
Yum! Brands
YUM
$40.1B
| $116M | 0.08% |
839,500
-36,700
| -4% | -$5.09M |
|
234
Ingersoll Rand
IR
$32.2B
| $115M | 0.08% |
1,212,280
-52,300
| -4% | -$4.97M |
|
235
Cheniere Energy
LNG
$51.8B
| $115M | 0.08% |
713,400
-39,000
| -5% | -$6.29M |
|
236
Martin Marietta Materials
MLM
$37.5B
| $114M | 0.08% |
185,070
-8,100
| -4% | -$4.97M |
|
237
Quanta Services
PWR
$55.5B
| $113M | 0.08% |
435,135
-18,900
| -4% | -$4.91M |
|
238
Exelon
EXC
$43.9B
| $112M | 0.08% |
2,981,155
-130,900
| -4% | -$4.92M |
|
239
GE HealthCare
GEHC
$34.6B
| $112M | 0.08% |
1,226,987
-53,100
| -4% | -$4.83M |
|
240
Gartner
IT
$18.6B
| $111M | 0.08% |
233,431
-13,000
| -5% | -$6.2M |
|
241
Kenvue
KVUE
$35.7B
| $111M | 0.08% |
5,161,446
-227,600
| -4% | -$4.88M |
|
242
Cognizant
CTSH
$35.1B
| $110M | 0.08% |
1,501,700
-77,600
| -5% | -$5.69M |
|
243
Kinder Morgan
KMI
$59.1B
| $110M | 0.08% |
5,990,974
-279,700
| -4% | -$5.13M |
|
244
Vulcan Materials
VMC
$39B
| $109M | 0.08% |
397,900
-17,600
| -4% | -$4.8M |
|
245
Estee Lauder
EL
$32.1B
| $107M | 0.08% |
695,700
-30,100
| -4% | -$4.64M |
|
246
DoorDash
DASH
$105B
| $107M | 0.08% |
777,100
-23,700
| -3% | -$3.26M |
|
247
Veeva Systems
VEEV
$44.7B
| $106M | 0.07% |
458,100
-19,100
| -4% | -$4.43M |
|
248
Halliburton
HAL
$18.8B
| $106M | 0.07% |
2,680,400
-130,900
| -5% | -$5.16M |
|
249
Global Payments
GPN
$21.3B
| $104M | 0.07% |
779,851
-33,100
| -4% | -$4.42M |
|
250
Moderna
MRNA
$9.78B
| $103M | 0.07% |
970,600
-41,000
| -4% | -$4.37M |
|