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 |
Spotify
SPOT
|
$189M |
| 2 |
Boeing
BA
|
$57.2M |
| 3 |
Carvana
CVNA
|
$23.2M |
| 4 |
ConocoPhillips
COP
|
$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$500M |
| 2 |
Microsoft
MSFT
|
$426M |
| 3 |
Amazon
AMZN
|
$245M |
| 4 |
Meta Platforms (Facebook)
META
|
$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
226
L3Harris
LHX
$51B
| $113M | 0.08% |
535,929
-26,700
| -5% | -$5.61M |
|
227
Cencora
COR
$56.7B
| $113M | 0.07% |
501,000
-31,800
| -6% | -$7.14M |
|
228
Crown Castle
CCI
$41.9B
| $111M | 0.07% |
1,227,600
-62,100
| -5% | -$5.64M |
|
229
Corteva
CTVA
$49.1B
| $111M | 0.07% |
1,955,583
-113,000
| -5% | -$6.44M |
|
230
Valero Energy
VLO
$48.7B
| $111M | 0.07% |
905,000
-65,600
| -7% | -$8.04M |
|
231
Verisk Analytics
VRSK
$37.8B
| $111M | 0.07% |
402,300
-21,200
| -5% | -$5.84M |
|
232
Atlassian
TEAM
$45.2B
| $110M | 0.07% |
452,067
-20,800
| -4% | -$5.06M |
|
233
Ford
F
$46.7B
| $109M | 0.07% |
11,029,886
-610,000
| -5% | -$6.04M |
|
234
Corning
GLW
$61B
| $109M | 0.07% |
2,296,500
-119,000
| -5% | -$5.65M |
|
235
Monster Beverage
MNST
$61B
| $109M | 0.07% |
2,075,400
-118,300
| -5% | -$6.22M |
|
236
Agilent Technologies
A
$36.5B
| $109M | 0.07% |
811,700
-54,300
| -6% | -$7.29M |
|
237
Sea Limited
SE
$113B
| $108M | 0.07% |
1,022,000
-77,800
| -7% | -$8.25M |
|
238
Cognizant
CTSH
$35.1B
| $108M | 0.07% |
1,400,300
-75,700
| -5% | -$5.82M |
|
239
Yum! Brands
YUM
$40.1B
| $107M | 0.07% |
794,300
-41,500
| -5% | -$5.57M |
|
240
Exelon
EXC
$43.9B
| $106M | 0.07% |
2,826,355
-141,800
| -5% | -$5.34M |
|
241
Xcel Energy
XEL
$43B
| $106M | 0.07% |
1,574,900
-74,200
| -4% | -$5.01M |
|
242
Sysco
SYY
$39.4B
| $106M | 0.07% |
1,387,800
-90,200
| -6% | -$6.9M |
|
243
Gartner
IT
$18.6B
| $105M | 0.07% |
217,731
-12,600
| -5% | -$6.1M |
|
244
Targa Resources
TRGP
$34.9B
| $105M | 0.07% |
587,900
-37,800
| -6% | -$6.75M |
|
245
Otis Worldwide
OTIS
$34.1B
| $105M | 0.07% |
1,131,543
-68,500
| -6% | -$6.34M |
|
246
Keurig Dr Pepper
KDP
$38.9B
| $105M | 0.07% |
3,256,300
+37,300
| +1% | +$1.2M |
|
|
HES
247
DELISTED
Hess
HES
| $104M | 0.07% |
783,400
-39,600
| -5% | -$5.27M |
|
248
Electronic Arts
EA
$42.2B
| $104M | 0.07% |
709,000
-40,300
| -5% | -$5.9M |
|
249
Dell
DELL
$84.4B
| $103M | 0.07% |
896,008
+60,700
| +7% | +$7M |
|
250
Ingersoll Rand
IR
$32.2B
| $103M | 0.07% |
1,139,880
-57,400
| -5% | -$5.19M |
|