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 |
Berkshire Hathaway Class B
BRK.B
|
$1.6B |
| 2 |
American Express
AXP
|
$398M |
| 3 |
Capital One
COF
|
$151M |
| 4 |
Apollo Global Management
APO
|
$111M |
| 5 |
DFS
Discover Financial Services
DFS
|
$109M |
Top Sells
| 1 |
Apple
AAPL
|
$1.16B |
| 2 |
Microsoft
MSFT
|
$873M |
| 3 |
Amazon
AMZN
|
$403M |
| 4 |
NVIDIA
NVDA
|
$356M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$283M |
Sector Composition
| 1 | Technology | 30.21% |
| 2 | Healthcare | 13.75% |
| 3 | Consumer Discretionary | 12.04% |
| 4 | Industrials | 9.23% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
276
Kraft Heinz
KHC
$31.6B
| $102M | 0.07% |
2,880,442
-36,300
| -1% | -$1.29M |
|
277
Corning
GLW
$58.9B
| $102M | 0.07% |
2,906,900
-282,000
| -9% | -$9.88M |
|
278
Arch Capital
ACGL
$34.4B
| $101M | 0.07% |
1,345,500
-122,400
| -8% | -$9.16M |
|
279
WEC Energy
WEC
$34.2B
| $101M | 0.07% |
1,139,287
-112,500
| -9% | -$9.93M |
|
280
American Water Works
AWK
$27.3B
| $100M | 0.07% |
702,900
-63,900
| -8% | -$9.12M |
|
281
Gartner
IT
$18.7B
| $100M | 0.07% |
285,531
-28,100
| -9% | -$9.84M |
|
282
Aptiv
APTV
$17.4B
| $99.9M | 0.07% |
978,900
-96,400
| -9% | -$9.84M |
|
283
Oneok
OKE
$46.6B
| $99.7M | 0.07% |
1,615,988
-157,700
| -9% | -$9.73M |
|
284
Palantir
PLTR
$373B
| $99.5M | 0.07% |
6,493,600
-183,100
| -3% | -$2.81M |
|
285
HP
HPQ
$26.9B
| $98.3M | 0.07% |
3,202,100
-790,000
| -20% | -$24.3M |
|
|
SGEN
286
DELISTED
Seagen Inc. Common Stock
SGEN
| $97.5M | 0.07% |
506,800
-45,900
| -8% | -$8.83M |
|
287
Xylem
XYL
$34B
| $96.8M | 0.07% |
859,392
+144,192
| +20% | +$16.2M |
|
288
Edison International
EIX
$21.2B
| $96M | 0.07% |
1,381,900
-133,600
| -9% | -$9.28M |
|
289
AvalonBay Communities
AVB
$27.1B
| $95.7M | 0.07% |
505,721
-49,500
| -9% | -$9.37M |
|
290
Ingersoll Rand
IR
$30.8B
| $95.6M | 0.06% |
1,462,580
-144,400
| -9% | -$9.44M |
|
291
Fortive
FTV
$15.9B
| $95.4M | 0.06% |
1,275,600
-58,300
| -4% | -$4.36M |
|
292
Albemarle
ALB
$9.47B
| $94.5M | 0.06% |
423,606
-41,300
| -9% | -$9.21M |
|
293
Global Payments
GPN
$20.9B
| $93.9M | 0.06% |
952,651
-120,500
| -11% | -$11.9M |
|
294
Align Technology
ALGN
$9.63B
| $93.1M | 0.06% |
263,200
-31,200
| -11% | -$11M |
|
295
Agnico Eagle Mines
AEM
$74.8B
| $92.6M | 0.06% |
1,851,558
-27,685
| -1% | -$1.38M |
|
296
Cenovus Energy
CVE
$29.8B
| $91.5M | 0.06% |
5,383,835
-396,300
| -7% | -$6.74M |
|
297
Atlassian
TEAM
$45B
| $91M | 0.06% |
542,167
-50,100
| -8% | -$8.41M |
|
298
SBA Communications
SBAC
$21.4B
| $90.7M | 0.06% |
391,300
-37,100
| -9% | -$8.6M |
|
299
CBRE Group
CBRE
$47.1B
| $90.6M | 0.06% |
1,122,500
-131,400
| -10% | -$10.6M |
|
300
Willis Towers Watson
WTW
$31.8B
| $90.6M | 0.06% |
384,510
-45,000
| -10% | -$10.6M |
|