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 |
First Solar
FSLR
|
$24.3M |
| 2 |
Lamb Weston
LW
|
$21.6M |
| 3 |
Ovintiv
OVV
|
$21.3M |
| 4 |
Hubbell
HUBB
|
$21.3M |
| 5 |
U-Haul Holding Co Series N
UHAL.B
|
$19.6M |
Top Sells
| 1 |
Apple
AAPL
|
$627M |
| 2 |
Microsoft
MSFT
|
$479M |
| 3 |
Amazon
AMZN
|
$203M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$169M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$150M |
Sector Composition
| 1 | Technology | 25.32% |
| 2 | Healthcare | 16.62% |
| 3 | Consumer Discretionary | 10.98% |
| 4 | Industrials | 9.76% |
| 5 | Consumer Staples | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Keurig Dr Pepper
KDP
$38.9B
| $113M | 0.08% |
3,165,500
-213,323
| -6% | -$7.61M |
|
252
American Water Works
AWK
$28B
| $113M | 0.08% |
738,800
-48,438
| -6% | -$7.38M |
|
253
Verisk Analytics
VRSK
$37.8B
| $113M | 0.08% |
638,000
-46,327
| -7% | -$8.17M |
|
254
Global Payments
GPN
$21.3B
| $112M | 0.08% |
1,126,451
-93,757
| -8% | -$9.31M |
|
|
WBA
255
DELISTED
Walgreens Boots Alliance
WBA
| $112M | 0.08% |
2,985,600
-193,263
| -6% | -$7.22M |
|
256
Pinduoduo
PDD
$177B
| $111M | 0.08% |
1,366,995
-2,200
| -0.2% | -$179K |
|
257
Fastenal
FAST
$55.1B
| $111M | 0.08% |
4,671,200
-315,214
| -6% | -$7.46M |
|
258
Franco-Nevada
FNV
$37.3B
| $110M | 0.08% |
807,760
-52,892
| -6% | -$7.21M |
|
259
ON Semiconductor
ON
$20.1B
| $110M | 0.08% |
1,760,800
-122,301
| -6% | -$7.63M |
|
260
Ferrari
RACE
$87.1B
| $110M | 0.08% |
512,855
-34,880
| -6% | -$7.47M |
|
261
Old Dominion Freight Line
ODFL
$31.7B
| $110M | 0.08% |
772,200
-62,888
| -8% | -$8.92M |
|
262
Willis Towers Watson
WTW
$32.1B
| $109M | 0.08% |
446,910
-36,319
| -8% | -$8.88M |
|
263
Zimmer Biomet
ZBH
$20.9B
| $109M | 0.08% |
852,800
-55,565
| -6% | -$7.08M |
|
264
International Flavors & Fragrances
IFF
$16.9B
| $109M | 0.08% |
1,036,199
-67,157
| -6% | -$7.04M |
|
265
Gartner
IT
$18.6B
| $108M | 0.08% |
321,431
-27,575
| -8% | -$9.27M |
|
266
Ferguson
FERG
$47.8B
| $107M | 0.08% |
846,247
-111,667
| -12% | -$14.2M |
|
267
Copart
CPRT
$47B
| $106M | 0.08% |
3,477,600
-230,260
| -6% | -$7.01M |
|
|
VMW
268
DELISTED
VMware, Inc
VMW
| $105M | 0.08% |
858,748
-54,370
| -6% | -$6.67M |
|
269
Cencora
COR
$56.7B
| $105M | 0.08% |
631,800
-49,047
| -7% | -$8.13M |
|
270
Baxter International
BAX
$12.5B
| $104M | 0.07% |
2,046,789
-135,286
| -6% | -$6.9M |
|
271
Corning
GLW
$61B
| $104M | 0.07% |
3,263,900
-216,515
| -6% | -$6.92M |
|
272
W.W. Grainger
GWW
$47.5B
| $103M | 0.07% |
185,900
-13,378
| -7% | -$7.44M |
|
273
Albemarle
ALB
$9.6B
| $103M | 0.07% |
476,006
-31,486
| -6% | -$6.83M |
|
274
Aptiv
APTV
$17.5B
| $103M | 0.07% |
1,101,200
-73,017
| -6% | -$6.8M |
|
275
Tractor Supply
TSCO
$32.1B
| $101M | 0.07% |
2,255,500
-169,250
| -7% | -$7.62M |
|