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 |
Teva Pharmaceuticals
TEVA
|
$132M |
| 2 |
Fortis
FTS
|
$68.5M |
| 3 |
Intuitive Surgical
ISRG
|
$45.9M |
| 4 |
Keurig Dr Pepper
KDP
|
$41M |
| 5 |
Monster Beverage
MNST
|
$33M |
Top Sells
| 1 |
Alcoa
AA
|
$95.4M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
$63.4M |
| 3 |
Hershey
HSY
|
$53.7M |
| 4 |
American Tower
AMT
|
$49M |
| 5 |
LLL
L3 Technologies, Inc.
LLL
|
$32.2M |
Sector Composition
| 1 | Technology | 15.56% |
| 2 | Healthcare | 14.34% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 10.4% |
| 5 | Communication Services | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
NBL
301
DELISTED
Noble Energy, Inc.
NBL
| $45.6M | 0.07% |
1,196,782
+6,600
| +0.6% | +$251K |
|
302
Coca-Cola Europacific Partners
CCEP
$39.7B
| $45.3M | 0.07% |
1,430,789
-6,627
| -0.5% | -$210K |
|
303
Open Text
OTEX
$8.41B
| $45M | 0.07% |
729,800
+47,700
| +7% | +$2.94M |
|
304
Hilton Worldwide
HLT
$64.9B
| $45M | 0.07% |
1,654,100
+148,800
| +10% | +$4.05M |
|
305
Bath & Body Works
BBWI
$6.09B
| $44.8M | 0.07% |
680,689
-75,400
| -10% | -$4.96M |
|
306
Willis Towers Watson
WTW
$31.9B
| $44.7M | 0.07% |
365,391
+1,000
| +0.3% | +$122K |
|
307
AerCap
AER
$22.2B
| $44.5M | 0.07% |
1,070,463
-37,600
| -3% | -$1.56M |
|
308
Expeditors International
EXPD
$16.4B
| $44.3M | 0.07% |
836,906
+235,500
| +39% | +$12.5M |
|
309
Cintas
CTAS
$84.6B
| $43.7M | 0.07% |
377,748
+2,700
| +0.7% | +$312K |
|
310
Digital Realty Trust
DLR
$57.2B
| $43.4M | 0.07% |
441,955
| – | – |
|
311
EQT Corp
EQT
$32.7B
| $43.4M | 0.07% |
663,436
+9,600
| +1% | +$628K |
|
312
Lincoln National
LNC
$8.14B
| $43M | 0.07% |
649,264
-13,300
| -2% | -$881K |
|
|
XLNX
313
DELISTED
Xilinx Inc
XLNX
| $42.4M | 0.07% |
703,084
| – | – |
|
314
Ulta Beauty
ULTA
$23.9B
| $42.2M | 0.07% |
165,700
| – | – |
|
315
RenaissanceRe
RNR
$11.4B
| $42M | 0.07% |
308,375
+189,200
| +159% | +$25.8M |
|
|
NLSN
316
DELISTED
Nielsen Holdings plc
NLSN
| $41.7M | 0.07% |
993,061
-7,700
| -0.8% | -$323K |
|
317
Quest Diagnostics
DGX
$20.3B
| $41.6M | 0.07% |
452,530
-2,100
| -0.5% | -$193K |
|
318
Verisk Analytics
VRSK
$37.5B
| $41.6M | 0.07% |
512,143
+25,800
| +5% | +$2.09M |
|
319
Cencora
COR
$56.5B
| $41.5M | 0.07% |
530,616
-238,865
| -31% | -$18.7M |
|
320
Agilent Technologies
A
$35.6B
| $41.4M | 0.07% |
908,547
| – | – |
|
|
QGENF
321
DELISTED
QIAGEN NV
QGENF
| $41.3M | 0.07% |
1,466,397
| – | – |
|
|
LLTC
322
DELISTED
Linear Technology Corp
LLTC
| $41.3M | 0.07% |
661,699
| – | – |
|
323
Autodesk
ADSK
$68.3B
| $41.2M | 0.06% |
556,199
-4,400
| -0.8% | -$326K |
|
324
Gen Digital
GEN
$18.6B
| $41.1M | 0.06% |
1,721,076
| – | – |
|
325
BCE
BCE
$23.3B
| $41M | 0.06% |
949,954
-3,300
| -0.3% | -$143K |
|