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
|
+$112M |
| 2 |
Ferguson
FERG
|
+$104M |
| 3 |
Amazon
AMZN
|
+$101M |
| 4 |
Apple
AAPL
|
+$98.3M |
| 5 |
International Flavors & Fragrances
IFF
|
+$75M |
Top Sells
| 1 |
TIF
Tiffany & Co.
TIF
|
+$96.7M |
| 2 |
DuPont de Nemours
DD
|
+$52.5M |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$43.4M |
| 4 |
AvalonBay Communities
AVB
|
+$38.1M |
| 5 |
Equity Residential
EQR
|
+$22.8M |
Sector Composition
| 1 | Technology | 25.7% |
| 2 | Healthcare | 14.14% |
| 3 | Consumer Discretionary | 13.72% |
| 4 | Communication Services | 10.9% |
| 5 | Industrials | 9.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BKI
326
DELISTED
Black Knight, Inc. Common Stock
BKI
| $87.4M | 0.06% |
1,181,692
+16,700
| +1% | +$1.24M |
|
327
J.M. Smucker
SJM
$11.9B
| $87.1M | 0.06% |
688,594
+9,800
| +1% | +$1.24M |
|
328
Evergy
EVRG
$16.4B
| $86.8M | 0.06% |
1,458,030
+20,800
| +1% | +$1.24M |
|
329
Old Dominion Freight Line
ODFL
$31.3B
| $86.8M | 0.06% |
721,728
+12,800
| +2% | +$1.54M |
|
330
Oneok
OKE
$45.6B
| $86.5M | 0.06% |
1,707,625
+32,500
| +2% | +$1.65M |
|
331
RingCentral
RNG
$2.87B
| $86.4M | 0.06% |
289,900
+9,500
| +3% | +$2.83M |
|
332
Vulcan Materials
VMC
$38.5B
| $85.9M | 0.06% |
509,219
+8,700
| +2% | +$1.47M |
|
333
Realty Income
O
$54.3B
| $85.7M | 0.06% |
1,392,860
-270,178
| -16% | -$16.6M |
|
334
EPAM Systems
EPAM
$9.12B
| $85.4M | 0.06% |
215,349
+4,400
| +2% | +$1.75M |
|
335
Alexandria Real Estate Equities
ARE
$14.4B
| $85.3M | 0.06% |
518,995
+42,400
| +9% | +$6.97M |
|
336
PPL Corp
PPL
$26.6B
| $85.2M | 0.06% |
2,954,987
-86,800
| -3% | -$2.5M |
|
|
CERN
337
DELISTED
Cerner Corp
CERN
| $84.8M | 0.06% |
1,179,069
+25,500
| +2% | +$1.83M |
|
338
Equifax
EFX
$30.9B
| $84.7M | 0.06% |
467,837
+8,800
| +2% | +$1.59M |
|
339
Expeditors International
EXPD
$16.5B
| $84.6M | 0.06% |
785,989
+19,800
| +3% | +$2.13M |
|
340
Garmin
GRMN
$45.9B
| $84.4M | 0.06% |
640,325
+10,000
| +2% | +$1.32M |
|
341
Tyson Foods
TSN
$19.9B
| $84M | 0.06% |
1,130,807
+18,400
| +2% | +$1.37M |
|
342
CarMax
KMX
$9.18B
| $83.7M | 0.06% |
631,098
+15,300
| +2% | +$2.03M |
|
343
Wayfair
W
$11.2B
| $83.7M | 0.06% |
265,937
+20,700
| +8% | +$6.52M |
|
|
SPLK
344
DELISTED
Splunk Inc
SPLK
| $83.6M | 0.06% |
616,838
+16,800
| +3% | +$2.28M |
|
345
Fortive
FTV
$16.1B
| $82.4M | 0.05% |
1,166,199
+19,600
| +2% | +$1.38M |
|
346
Mid-America Apartment Communities
MAA
$16.9B
| $82.3M | 0.05% |
570,071
+8,600
| +2% | +$1.24M |
|
347
Fortis
FTS
$24.8B
| $81.8M | 0.05% |
1,885,482
+24,100
| +1% | +$1.05M |
|
348
W.R. Berkley
WRB
$27.5B
| $80.9M | 0.05% |
2,416,235
-65,025
| -3% | -$2.18M |
|
349
Burlington
BURL
$17.8B
| $80.8M | 0.05% |
270,252
+4,700
| +2% | +$1.4M |
|
350
Exact Sciences
EXAS
$10.4B
| $80.6M | 0.05% |
611,624
+12,000
| +2% | +$1.58M |
|