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
|
$430M |
| 2 |
Microsoft
MSFT
|
$312M |
| 3 |
Exxon Mobil
XOM
|
$258M |
| 4 |
GE Aerospace
GE
|
$224M |
| 5 |
Johnson & Johnson
JNJ
|
$221M |
Top Sells
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
$54.7M |
| 4 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
$20M |
| 5 |
TW
TOWERS WATSON & CO COM STK CL A (DE)
TW
|
$16.1M |
Sector Composition
| 1 | Technology | 14.87% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.32% |
| 5 | Industrials | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ATVI
276
DELISTED
Activision Blizzard Inc.
ATVI
| $43.1M | 0.08% |
1,329,734
+402,700
| +43% | +$13.1M |
|
|
GGP
277
DELISTED
GGP Inc.
GGP
| $42.5M | 0.08% |
1,490,321
+444,400
| +42% | +$12.7M |
|
278
Charter Communications
CHTR
$36.1B
| $42.4M | 0.08% |
218,800
+66,200
| +43% | +$12.8M |
|
279
Keurig Dr Pepper
KDP
$39.3B
| $42.1M | 0.08% |
490,713
+144,000
| +42% | +$12.3M |
|
|
MJN
280
DELISTED
Mead Johnson Nutrition Company
MJN
| $41.7M | 0.08% |
512,109
+143,700
| +39% | +$11.7M |
|
281
Restaurant Brands International
QSR
$20.8B
| $41.5M | 0.08% |
1,105,961
+213,300
| +24% | +$8M |
|
|
SJR
282
DELISTED
Shaw Communications Inc.
SJR
| $41.5M | 0.08% |
2,223,400
+450,200
| +25% | +$8.4M |
|
|
CERN
283
DELISTED
Cerner Corp
CERN
| $40.6M | 0.07% |
799,972
+235,700
| +42% | +$12M |
|
284
Kinross Gold
KGC
$26.2B
| $40.6M | 0.07% |
12,323,635
+1,637,600
| +15% | +$5.39M |
|
285
DTE Energy
DTE
$28.2B
| $40.5M | 0.07% |
466,325
+140,300
| +43% | +$12.2M |
|
|
CNH
286
CNH Industrial
CNH
$14B
| $40.5M | 0.07% |
6,197,966
-17,688
| -0.3% | -$116K |
|
287
Trane Technologies
TT
$92.5B
| $40.3M | 0.07% |
678,558
+198,000
| +41% | +$11.8M |
|
288
International Paper
IP
$26B
| $40.2M | 0.07% |
1,023,118
+302,600
| +42% | +$11.9M |
|
289
BCE
BCE
$23.3B
| $40M | 0.07% |
909,354
+145,600
| +19% | +$6.41M |
|
|
LVLT
290
DELISTED
Level 3 Communications Inc
LVLT
| $39.9M | 0.07% |
786,773
+237,200
| +43% | +$12M |
|
291
Stanley Black & Decker
SWK
$11.1B
| $39.2M | 0.07% |
388,864
+110,400
| +40% | +$11.1M |
|
292
EQT Corp
EQT
$32.7B
| $38.9M | 0.07% |
603,436
+115,400
| +24% | +$7.44M |
|
|
STJ
293
DELISTED
St Jude Medical
STJ
| $38.7M | 0.07% |
734,255
+222,500
| +43% | +$11.7M |
|
|
TYC
294
DELISTED
TYCO INTL PLC COM SHS (IRL)
TYC
| $38.6M | 0.07% |
1,098,196
+334,500
| +44% | +$11.8M |
|
295
Willis Towers Watson
WTW
$31.9B
| $38.6M | 0.07% |
339,291
+46,865
| +16% | +$5.33M |
|
296
Labcorp
LH
$23.1B
| $38.6M | 0.07% |
343,575
+77,400
| +29% | +$8.69M |
|
297
Hormel Foods
HRL
$13.8B
| $38.6M | 0.07% |
930,294
+578,297
| +164% | +$24M |
|
298
Dentsply Sirona
XRAY
$2.85B
| $38.3M | 0.07% |
648,981
+396,045
| +157% | +$23.4M |
|
299
Coterra Energy
CTRA
$18.9B
| $38.3M | 0.07% |
1,760,616
+482,700
| +38% | +$10.5M |
|
300
Under Armour
UAA
$2.16B
| $38M | 0.07% |
468,000
+141,200
| +43% | +$11.5M |
|