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 |
L3Harris
LHX
|
$148M |
| 2 |
GE HealthCare
GEHC
|
$118M |
| 3 |
Atlassian
TEAM
|
$101M |
| 4 |
Monster Beverage
MNST
|
$81.1M |
| 5 |
PACCAR
PCAR
|
$48.1M |
Top Sells
| 1 |
Apple
AAPL
|
$360M |
| 2 |
Microsoft
MSFT
|
$199M |
| 3 |
NVIDIA
NVDA
|
$99.2M |
| 4 |
Amazon
AMZN
|
$85.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$83.8M |
Sector Composition
| 1 | Technology | 28.64% |
| 2 | Healthcare | 14.81% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Industrials | 9.45% |
| 5 | Communication Services | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
251
Keysight
KEYS
$28.1B
| $114M | 0.08% |
708,400
-20,300
| -3% | -$3.28M |
|
252
Halliburton
HAL
$19.3B
| $114M | 0.08% |
3,603,800
-82,200
| -2% | -$2.6M |
|
253
Enphase Energy
ENPH
$4.84B
| $113M | 0.08% |
539,500
-11,100
| -2% | -$2.33M |
|
254
Global Payments
GPN
$21.1B
| $113M | 0.08% |
1,073,151
-53,300
| -5% | -$5.61M |
|
255
Kraft Heinz
KHC
$30.8B
| $113M | 0.08% |
2,916,742
-71,600
| -2% | -$2.77M |
|
256
Oneok
OKE
$47B
| $113M | 0.08% |
1,773,688
-42,500
| -2% | -$2.7M |
|
257
Corning
GLW
$58.7B
| $113M | 0.08% |
3,188,900
-75,000
| -2% | -$2.65M |
|
258
American Water Works
AWK
$27.6B
| $112M | 0.08% |
766,800
+28,000
| +4% | +$4.1M |
|
259
Digital Realty Trust
DLR
$55.6B
| $112M | 0.08% |
1,141,149
-26,900
| -2% | -$2.64M |
|
260
Franco-Nevada
FNV
$36.7B
| $112M | 0.08% |
769,760
-38,000
| -5% | -$5.54M |
|
|
SGEN
261
DELISTED
Seagen Inc. Common Stock
SGEN
| $112M | 0.08% |
552,700
-9,500
| -2% | -$1.92M |
|
262
SBA Communications
SBAC
$21.7B
| $112M | 0.08% |
428,400
-10,100
| -2% | -$2.64M |
|
263
CrowdStrike
CRWD
$104B
| $111M | 0.08% |
810,000
-14,100
| -2% | -$1.94M |
|
264
CoStar Group
CSGP
$37.3B
| $111M | 0.08% |
1,614,000
+4,800
| +0.3% | +$330K |
|
265
Ulta Beauty
ULTA
$23.9B
| $111M | 0.08% |
203,200
-5,000
| -2% | -$2.73M |
|
266
Ferguson
FERG
$46.1B
| $110M | 0.08% |
824,647
-21,600
| -3% | -$2.89M |
|
267
Sun Life Financial
SLF
$32.4B
| $110M | 0.08% |
2,354,900
-116,500
| -5% | -$5.44M |
|
268
Keurig Dr Pepper
KDP
$39.3B
| $109M | 0.07% |
3,091,400
-74,100
| -2% | -$2.61M |
|
269
United Rentals
URI
$61.7B
| $109M | 0.07% |
275,100
-9,400
| -3% | -$3.72M |
|
270
Eversource Energy
ES
$23.6B
| $108M | 0.07% |
1,382,233
-25,800
| -2% | -$2.02M |
|
271
Trade Desk
TTD
$26.5B
| $108M | 0.07% |
1,767,200
-37,400
| -2% | -$2.28M |
|
272
Zimmer Biomet
ZBH
$20.8B
| $108M | 0.07% |
832,900
-19,900
| -2% | -$2.57M |
|
273
Edison International
EIX
$21.5B
| $107M | 0.07% |
1,515,500
-34,700
| -2% | -$2.45M |
|
274
Lennar Class A
LEN
$34.4B
| $106M | 0.07% |
1,011,072
-25,300
| -2% | -$2.66M |
|
|
VMW
275
DELISTED
VMware, Inc
VMW
| $105M | 0.07% |
842,348
-16,400
| -2% | -$2.05M |
|