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 |
Spotify
SPOT
|
$189M |
| 2 |
Boeing
BA
|
$57.2M |
| 3 |
Carvana
CVNA
|
$23.2M |
| 4 |
ConocoPhillips
COP
|
$22.6M |
| 5 |
EXE
Expand Energy Corporation Common Stock
EXE
|
$19.6M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$500M |
| 2 |
Microsoft
MSFT
|
$426M |
| 3 |
Amazon
AMZN
|
$245M |
| 4 |
Meta Platforms (Facebook)
META
|
$194M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$167M |
Sector Composition
| 1 | Technology | 33.9% |
| 2 | Consumer Discretionary | 12.65% |
| 3 | Healthcare | 10.7% |
| 4 | Communication Services | 9.68% |
| 5 | Industrials | 8.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
301
Dow Inc
DOW
$17.4B
| $79.5M | 0.05% |
1,980,150
-107,000
| -5% | -$4.29M |
|
|
SW
302
Smurfit Westrock plc
SW
$24.5B
| $79.1M | 0.05% |
1,468,897
-70,600
| -5% | -$3.8M |
|
303
Keysight
KEYS
$28.9B
| $78.8M | 0.05% |
490,300
-27,700
| -5% | -$4.45M |
|
304
PPG Industries
PPG
$24.8B
| $78.7M | 0.05% |
659,100
-37,400
| -5% | -$4.47M |
|
305
Kraft Heinz
KHC
$32.3B
| $78.7M | 0.05% |
2,561,742
-141,100
| -5% | -$4.33M |
|
306
GoDaddy
GDDY
$20.1B
| $78.6M | 0.05% |
398,200
-20,100
| -5% | -$3.97M |
|
307
Hewlett Packard
HPE
$31B
| $78.3M | 0.05% |
3,668,800
-189,000
| -5% | -$4.04M |
|
308
Roblox
RBLX
$88.5B
| $78.3M | 0.05% |
1,352,600
-51,300
| -4% | -$2.97M |
|
309
Nucor
NUE
$33.8B
| $78.3M | 0.05% |
670,500
-41,200
| -6% | -$4.81M |
|
310
ON Semiconductor
ON
$20.1B
| $76.3M | 0.05% |
1,210,100
-66,900
| -5% | -$4.22M |
|
311
Stellantis
STLA
$26.2B
| $75.4M | 0.05% |
5,772,042
-571,602
| -9% | -$7.47M |
|
312
Broadridge
BR
$29.4B
| $74.6M | 0.05% |
330,100
-20,700
| -6% | -$4.68M |
|
313
Fortive
FTV
$16.2B
| $74.2M | 0.05% |
989,600
-55,300
| -5% | -$4.15M |
|
314
Wheaton Precious Metals
WPM
$47.3B
| $74.1M | 0.05% |
1,317,000
-53,800
| -4% | -$3.03M |
|
315
Mettler-Toledo International
MTD
$26.9B
| $73.8M | 0.05% |
60,300
-3,100
| -5% | -$3.79M |
|
316
EQT Corp
EQT
$32.2B
| $73.6M | 0.05% |
1,596,061
-81,200
| -5% | -$3.74M |
|
317
Thomson Reuters
TRI
$78.7B
| $73.3M | 0.05% |
456,955
-19,100
| -4% | -$3.07M |
|
318
Carnival Corp
CCL
$42.8B
| $73.1M | 0.05% |
2,934,400
-63,700
| -2% | -$1.59M |
|
319
Dover
DOV
$24.4B
| $72.8M | 0.05% |
388,300
-19,600
| -5% | -$3.68M |
|
320
Synchrony
SYF
$28.1B
| $72.6M | 0.05% |
1,116,543
-56,200
| -5% | -$3.65M |
|
321
Church & Dwight Co
CHD
$23.3B
| $72.4M | 0.05% |
691,600
-34,200
| -5% | -$3.58M |
|
322
Kellanova
K
$27.8B
| $71.8M | 0.05% |
886,900
+75,100
| +9% | +$6.08M |
|
323
Veralto
VLTO
$26.2B
| $71.1M | 0.05% |
698,069
-34,500
| -5% | -$3.51M |
|
324
NVR
NVR
$23.5B
| $71.1M | 0.05% |
8,690
-600
| -6% | -$4.91M |
|
325
Hershey
HSY
$37.6B
| $70.7M | 0.05% |
417,200
-20,900
| -5% | -$3.54M |
|