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 |
Apple
AAPL
|
$1.44B |
| 2 |
Microsoft
MSFT
|
$1.16B |
| 3 |
Amazon
AMZN
|
$797M |
| 4 |
Tesla
TSLA
|
$537M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$441M |
Top Sells
| 1 |
XLNX
Xilinx Inc
XLNX
|
$199M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$191M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
$62.8M |
| 4 |
Exelon
EXC
|
$46.4M |
| 5 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
$43.9M |
Sector Composition
| 1 | Technology | 28.24% |
| 2 | Healthcare | 14.22% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Communication Services | 9.52% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
TWTR
251
DELISTED
Twitter, Inc.
TWTR
| $134M | 0.08% |
3,463,392
+430,300
| +14% | +$16.6M |
|
252
Ametek
AME
$43.3B
| $133M | 0.08% |
1,001,986
+123,300
| +14% | +$16.4M |
|
253
Ferguson
FERG
$47.8B
| $133M | 0.07% |
973,276
+66,428
| +7% | +$9.06M |
|
254
CBRE Group
CBRE
$48.9B
| $133M | 0.07% |
1,449,526
+173,400
| +14% | +$15.9M |
|
255
PACCAR
PCAR
$52B
| $132M | 0.07% |
2,255,616
+276,450
| +14% | +$16.2M |
|
256
West Pharmaceutical
WST
$18B
| $132M | 0.07% |
320,875
+39,700
| +14% | +$16.3M |
|
257
Eversource Energy
ES
$23.6B
| $131M | 0.07% |
1,489,078
+182,900
| +14% | +$16.1M |
|
258
Trade Desk
TTD
$25.5B
| $131M | 0.07% |
1,888,800
+238,700
| +14% | +$16.5M |
|
259
Baker Hughes
BKR
$44.9B
| $130M | 0.07% |
3,579,652
+430,500
| +14% | +$15.7M |
|
260
American Water Works
AWK
$28B
| $130M | 0.07% |
786,238
+96,300
| +14% | +$15.9M |
|
261
Corning
GLW
$61B
| $130M | 0.07% |
3,511,515
+427,700
| +14% | +$15.8M |
|
|
HES
262
DELISTED
Hess
HES
| $129M | 0.07% |
1,207,406
+148,100
| +14% | +$15.9M |
|
263
Alexandria Real Estate Equities
ARE
$14.5B
| $128M | 0.07% |
637,655
+87,400
| +16% | +$17.6M |
|
264
Veeva Systems
VEEV
$44.7B
| $128M | 0.07% |
600,566
+75,400
| +14% | +$16M |
|
265
Willis Towers Watson
WTW
$32.1B
| $127M | 0.07% |
539,729
+49,300
| +10% | +$11.6M |
|
266
Republic Services
RSG
$71.7B
| $127M | 0.07% |
961,385
+114,300
| +13% | +$15.1M |
|
267
Cummins
CMI
$55.1B
| $127M | 0.07% |
619,574
+73,700
| +14% | +$15.1M |
|
268
Match Group
MTCH
$9.18B
| $127M | 0.07% |
1,164,783
+165,300
| +17% | +$18M |
|
269
Old Dominion Freight Line
ODFL
$31.7B
| $126M | 0.07% |
846,888
+98,600
| +13% | +$14.7M |
|
270
Ball Corp
BALL
$13.9B
| $126M | 0.07% |
1,402,899
+161,500
| +13% | +$14.5M |
|
271
Keysight
KEYS
$28.9B
| $126M | 0.07% |
797,862
+98,400
| +14% | +$15.5M |
|
272
Equifax
EFX
$30.8B
| $125M | 0.07% |
528,475
+65,400
| +14% | +$15.5M |
|
273
Agnico Eagle Mines
AEM
$76.3B
| $124M | 0.07% |
2,028,127
+1,069,174
| +111% | +$65.4M |
|
274
Expedia Group
EXPE
$26.6B
| $124M | 0.07% |
632,411
+80,100
| +15% | +$15.7M |
|
275
Weyerhaeuser
WY
$18.9B
| $123M | 0.07% |
3,244,346
+394,500
| +14% | +$15M |
|