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 |
Fortive
FTV
|
$43.6M |
| 2 |
Johnson Controls International
JCI
|
$41.5M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$37.4M |
| 4 |
Alibaba
BABA
|
$33.6M |
| 5 |
Telus
TU
|
$33.1M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$170M |
| 2 |
Annaly Capital Management
NLY
|
$81.7M |
| 3 |
Thomson Reuters
TRI
|
$78.4M |
| 4 |
AGNC Investment
AGNC
|
$53.4M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
$50.7M |
Sector Composition
| 1 | Technology | 15.55% |
| 2 | Healthcare | 14.8% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.14% |
| 5 | Consumer Staples | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Healthpeak Properties
DOC
$12.8B
| $55.9M | 0.09% |
1,618,352
-15,043
| -0.9% | -$520K |
|
252
Restaurant Brands International
QSR
$20.2B
| $55.6M | 0.09% |
1,245,461
+200
| +0% | +$8.92K |
|
253
Amphenol
APH
$136B
| $55.4M | 0.09% |
3,414,600
-38,800
| -1% | -$630K |
|
254
VF Corp
VFC
$5.89B
| $55.2M | 0.09% |
1,045,798
-30,161
| -3% | -$1.59M |
|
255
Analog Devices
ADI
$122B
| $55M | 0.09% |
853,668
-15,500
| -2% | -$999K |
|
256
Estee Lauder
EL
$31.8B
| $54.6M | 0.09% |
616,396
-5,600
| -0.9% | -$496K |
|
257
Monster Beverage
MNST
$61.2B
| $54.2M | 0.09% |
2,214,804
-25,200
| -1% | -$617K |
|
258
Aptiv
APTV
$17.6B
| $54.2M | 0.09% |
759,800
-18,200
| -2% | -$1.3M |
|
259
Henry Schein
HSIC
$8.33B
| $53.9M | 0.09% |
842,670
-11,475
| -1% | -$733K |
|
|
CXO
260
DELISTED
CONCHO RESOURCES INC.
CXO
| $53.6M | 0.09% |
390,456
+28,400
| +8% | +$3.9M |
|
|
NLSN
261
DELISTED
Nielsen Holdings plc
NLSN
| $53.6M | 0.09% |
1,000,761
-13,700
| -1% | -$734K |
|
262
Bath & Body Works
BBWI
$5.9B
| $53.5M | 0.09% |
935,282
-17,565
| -2% | -$1M |
|
263
Campbell Soup
CPB
$10.1B
| $53.3M | 0.09% |
974,553
-16,400
| -2% | -$897K |
|
264
Imperial Oil
IMO
$44.3B
| $52.2M | 0.08% |
1,668,100
-10,400
| -0.6% | -$325K |
|
|
CERN
265
DELISTED
Cerner Corp
CERN
| $52.2M | 0.08% |
844,672
-13,000
| -2% | -$803K |
|
266
International Paper
IP
$24.7B
| $51.9M | 0.08% |
1,143,350
-12,883
| -1% | -$585K |
|
267
UDR
UDR
$12.8B
| $51.9M | 0.08% |
1,442,600
+900
| +0.1% | +$32.4K |
|
268
Kinross Gold
KGC
$27.6B
| $51.6M | 0.08% |
12,247,235
-9,400
| -0.1% | -$39.6K |
|
269
Keurig Dr Pepper
KDP
$37.2B
| $51.5M | 0.08% |
564,413
-10,400
| -2% | -$950K |
|
270
Stanley Black & Decker
SWK
$12.2B
| $51.3M | 0.08% |
417,264
-9,600
| -2% | -$1.18M |
|
271
Chipotle Mexican Grill
CMG
$53.2B
| $51.2M | 0.08% |
6,044,350
-225,000
| -4% | -$1.91M |
|
272
Roper Technologies
ROP
$56.2B
| $51.2M | 0.08% |
280,358
-2,900
| -1% | -$529K |
|
273
Micron Technology
MU
$147B
| $51M | 0.08% |
2,869,303
-38,700
| -1% | -$688K |
|
274
Progressive
PGR
$143B
| $50.9M | 0.08% |
1,616,834
-21,100
| -1% | -$665K |
|
275
Carnival Corp
CCL
$43.5B
| $50.3M | 0.08% |
1,029,900
-134,600
| -12% | -$6.57M |
|