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 | |
|---|---|---|---|---|---|---|
276
Labcorp
LH
$23B
| $49.8M | 0.08% |
421,805
-3,142
| -0.7% | -$371K |
|
277
Motorola Solutions
MSI
$79.6B
| $49.3M | 0.08% |
646,478
-8,800
| -1% | -$671K |
|
278
Trane Technologies
TT
$92.2B
| $48.5M | 0.08% |
713,158
-6,800
| -0.9% | -$462K |
|
|
CNH
279
CNH Industrial
CNH
$14.4B
| $48.4M | 0.08% |
7,784,031
-100,417
| -1% | -$624K |
|
280
Willis Towers Watson
WTW
$32.3B
| $48.4M | 0.08% |
364,391
-3,500
| -1% | -$465K |
|
281
Viatris
VTRS
$12.2B
| $48.2M | 0.08% |
1,264,042
+94,829
| +8% | +$3.61M |
|
282
DaVita
DVA
$9.59B
| $48M | 0.08% |
726,018
-20,700
| -3% | -$1.37M |
|
283
Eversource Energy
ES
$23.3B
| $47.6M | 0.08% |
879,157
-10,000
| -1% | -$542K |
|
|
SJR
284
DELISTED
Shaw Communications Inc.
SJR
| $47.5M | 0.08% |
2,321,400
+8,200
| +0.4% | +$168K |
|
285
EQT Corp
EQT
$31.9B
| $47.5M | 0.08% |
1,201,097
-8,266
| -0.7% | -$327K |
|
286
Parker-Hannifin
PH
$96.2B
| $46.8M | 0.08% |
372,932
-5,700
| -2% | -$716K |
|
287
Hartford Financial Services
HIG
$36.7B
| $46.8M | 0.07% |
1,092,615
-19,400
| -2% | -$831K |
|
288
DTE Energy
DTE
$27.9B
| $46.6M | 0.07% |
584,474
-6,698
| -1% | -$534K |
|
289
Western Digital
WDC
$32.3B
| $45.5M | 0.07% |
1,029,642
-11,642
| -1% | -$515K |
|
290
Bausch Health
BHC
$2.71B
| $44.7M | 0.07% |
1,822,560
-11,300
| -0.6% | -$277K |
|
291
Corpay
CPAY
$22B
| $44.6M | 0.07% |
256,700
-3,000
| -1% | -$521K |
|
292
NetEase
NTES
$90.8B
| $44.4M | 0.07% |
920,865
+12,000
| +1% | +$579K |
|
293
Equifax
EFX
$31B
| $44.4M | 0.07% |
329,545
-3,100
| -0.9% | -$417K |
|
294
SBA Communications
SBAC
$20.5B
| $44.2M | 0.07% |
394,451
-4,600
| -1% | -$516K |
|
295
Open Text
OTEX
$8.6B
| $44.2M | 0.07% |
1,364,200
-5,800
| -0.4% | -$188K |
|
296
Rockwell Automation
ROK
$38.9B
| $44.2M | 0.07% |
361,136
-7,200
| -2% | -$881K |
|
297
Incyte
INCY
$16.8B
| $44.1M | 0.07% |
467,800
-4,500
| -1% | -$424K |
|
298
BCE
BCE
$22.6B
| $44M | 0.07% |
953,254
-4,200
| -0.4% | -$194K |
|
|
GGP
299
DELISTED
GGP Inc.
GGP
| $43.9M | 0.07% |
1,590,921
-17,000
| -1% | -$469K |
|
|
300
Fortive
FTV
$16.2B
| $43.6M | 0.07% |
+1,024,201
| New | +$43.6M |
|