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 |
Medtronic
MDT
|
$31.6M |
Top Sells
| 1 |
LNKD
LinkedIn Corporation
LNKD
|
$63.4M |
| 2 |
Hershey
HSY
|
$53.7M |
| 3 |
American Tower
AMT
|
$49M |
| 4 |
Alcoa
AA
|
$35.8M |
| 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 | |
|---|---|---|---|---|---|---|
|
VRN
326
DELISTED
Veren
VRN
| $41M | 0.06% |
3,019,561
-27,700
| -0.9% | -$376K |
|
327
Hormel Foods
HRL
$14.1B
| $41M | 0.06% |
1,176,494
+200,400
| +21% | +$6.98M |
|
|
MRO
328
DELISTED
Marathon Oil Corporation
MRO
| $40.8M | 0.06% |
2,359,697
+8,900
| +0.4% | +$154K |
|
329
Ameren
AEE
$27.2B
| $40.7M | 0.06% |
776,093
+5,300
| +0.7% | +$278K |
|
330
Kinross Gold
KGC
$26.9B
| $40.5M | 0.06% |
12,984,035
+736,800
| +6% | +$2.3M |
|
331
C.H. Robinson
CHRW
$14.9B
| $40.2M | 0.06% |
548,128
+7,700
| +1% | +$564K |
|
|
CERN
332
DELISTED
Cerner Corp
CERN
| $40M | 0.06% |
844,672
| – | – |
|
|
GGP
333
DELISTED
GGP Inc.
GGP
| $40M | 0.06% |
1,601,721
+10,800
| +0.7% | +$270K |
|
334
Genuine Parts
GPC
$19.4B
| $39.6M | 0.06% |
414,630
| – | – |
|
335
Foot Locker
FL
$2.29B
| $39.2M | 0.06% |
553,500
+7,600
| +1% | +$539K |
|
336
Royal Caribbean
RCL
$95.7B
| $39.2M | 0.06% |
477,538
| – | – |
|
337
American Water Works
AWK
$28B
| $39.1M | 0.06% |
540,622
+2,500
| +0.5% | +$181K |
|
338
NOV
NOV
$4.95B
| $39M | 0.06% |
1,042,347
| – | – |
|
339
Host Hotels & Resorts
HST
$12B
| $39M | 0.06% |
2,070,969
| – | – |
|
340
Equifax
EFX
$30.8B
| $39M | 0.06% |
329,545
| – | – |
|
341
Expedia Group
EXPE
$26.6B
| $38.9M | 0.06% |
343,570
+3,300
| +1% | +$374K |
|
342
Skyworks Solutions
SWKS
$11.2B
| $38.9M | 0.06% |
521,300
-5,900
| -1% | -$440K |
|
343
BioMarin Pharmaceuticals
BMRN
$11.1B
| $38.6M | 0.06% |
466,100
+17,500
| +4% | +$1.45M |
|
344
Healthpeak Properties
DOC
$12.8B
| $38.4M | 0.06% |
1,293,521
-324,831
| -20% | -$9.65M |
|
345
Whirlpool
WHR
$5.28B
| $38.4M | 0.06% |
211,065
| – | – |
|
346
Waste Connections
WCN
$46.1B
| $38.3M | 0.06% |
731,259
+4,950
| +0.7% | +$259K |
|
|
CTXS
347
DELISTED
Citrix Systems Inc
CTXS
| $38.3M | 0.06% |
537,879
| – | – |
|
348
Microchip Technology
MCHP
$35.6B
| $38.1M | 0.06% |
1,187,418
| – | – |
|
349
Dentsply Sirona
XRAY
$2.92B
| $37.8M | 0.06% |
654,281
| – | – |
|
350
Fastenal
FAST
$55.1B
| $37.5M | 0.06% |
3,195,508
| – | – |
|