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 |
Microsoft
MSFT
|
+$834M |
| 2 |
Apple
AAPL
|
+$763M |
| 3 |
Amazon
AMZN
|
+$604M |
| 4 |
Meta Platforms (Facebook)
META
|
+$293M |
| 5 |
Johnson & Johnson
JNJ
|
+$263M |
Top Sells
| 1 |
WCG
Wellcare Health Plans, Inc.
WCG
|
+$52.4M |
| 2 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
+$32.8M |
| 3 |
LPT
Liberty Property Trust
LPT
|
+$29.6M |
| 4 |
MDCO
Medicines Co
MDCO
|
+$12.9M |
| 5 |
INXN
Interxion Holding N.V.
INXN
|
+$12.3M |
Sector Composition
| 1 | Technology | 23.53% |
| 2 | Healthcare | 15.94% |
| 3 | Consumer Discretionary | 11.41% |
| 4 | Communication Services | 10.49% |
| 5 | Consumer Staples | 8.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
Skyworks Solutions
SWKS
$11.1B
| $59.1M | 0.06% |
661,159
+119,800
| +22% | +$10.7M |
|
302
Stanley Black & Decker
SWK
$11.8B
| $59M | 0.06% |
589,926
+111,400
| +23% | +$11.1M |
|
303
BioMarin Pharmaceuticals
BMRN
$10.7B
| $58.9M | 0.06% |
697,132
+131,200
| +23% | +$11.1M |
|
304
Rogers Communications
RCI
$19.2B
| $57.9M | 0.06% |
1,412,200
+145,400
| +11% | +$5.96M |
|
305
Akamai
AKAM
$11.2B
| $57.4M | 0.06% |
627,260
+107,100
| +21% | +$9.8M |
|
306
Fortinet
FTNT
$61.3B
| $57.1M | 0.06% |
2,820,355
+529,500
| +23% | +$10.7M |
|
307
Las Vegas Sands
LVS
$37.1B
| $57M | 0.06% |
1,341,436
+249,100
| +23% | +$10.6M |
|
308
NetEase
NTES
$91.3B
| $56.8M | 0.06% |
884,890
| – | – |
|
309
Equifax
EFX
$30.9B
| $56.1M | 0.06% |
470,037
+89,000
| +23% | +$10.6M |
|
310
Campbell Soup
CPB
$10B
| $55.9M | 0.06% |
1,211,103
+188,500
| +18% | +$8.7M |
|
311
Marvell Technology
MRVL
$57.6B
| $55.7M | 0.06% |
2,459,321
+479,400
| +24% | +$10.8M |
|
312
Copart
CPRT
$46.5B
| $55.6M | 0.06% |
3,248,020
+647,600
| +25% | +$11.1M |
|
313
Amcor
AMCR
$18.9B
| $55.5M | 0.06% |
6,835,848
+1,234,300
| +22% | +$10M |
|
314
Vulcan Materials
VMC
$38.6B
| $55.5M | 0.06% |
513,519
+96,400
| +23% | +$10.4M |
|
315
Boston Properties
BXP
$11.5B
| $55.3M | 0.06% |
600,097
+112,700
| +23% | +$10.4M |
|
316
RenaissanceRe
RNR
$11.3B
| $54.9M | 0.06% |
367,512
+55,600
| +18% | +$8.3M |
|
317
IAC Inc
IAC
$2.89B
| $54.8M | 0.06% |
1,711,215
+326,212
| +24% | +$10.4M |
|
318
Invitation Homes
INVH
$18.5B
| $54.7M | 0.06% |
2,561,405
+453,400
| +22% | +$9.69M |
|
319
Pinnacle West Capital
PNW
$10.5B
| $54.6M | 0.06% |
720,246
+116,100
| +19% | +$8.8M |
|
320
Cardinal Health
CAH
$36B
| $54.4M | 0.06% |
1,135,281
+195,300
| +21% | +$9.36M |
|
|
TIF
321
DELISTED
Tiffany & Co.
TIF
| $54.2M | 0.06% |
418,855
+76,000
| +22% | +$9.84M |
|
|
SGEN
322
DELISTED
Seagen Inc. Common Stock
SGEN
| $53.7M | 0.06% |
465,692
+93,100
| +25% | +$10.7M |
|
323
Expeditors International
EXPD
$16.4B
| $53.3M | 0.06% |
799,189
-50,458
| -6% | -$3.37M |
|
324
Cencora
COR
$57.9B
| $53.1M | 0.06% |
599,484
+106,700
| +22% | +$9.44M |
|
325
Teleflex
TFX
$5.74B
| $52.6M | 0.06% |
179,758
+33,900
| +23% | +$9.93M |
|