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 |
CRH
CRH
|
$150M |
| 2 |
Kenvue
KVUE
|
$98.9M |
| 3 |
Textron
TXT
|
$50.7M |
| 4 |
Extra Space Storage
EXR
|
$23.3M |
| 5 |
AngloGold Ashanti
AU
|
$17.1M |
Top Sells
| 1 |
Apple
AAPL
|
$1.12B |
| 2 |
Microsoft
MSFT
|
$890M |
| 3 |
Amazon
AMZN
|
$463M |
| 4 |
NVIDIA
NVDA
|
$425M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$316M |
Sector Composition
| 1 | Technology | 29.44% |
| 2 | Healthcare | 13.62% |
| 3 | Consumer Discretionary | 11.97% |
| 4 | Industrials | 9.14% |
| 5 | Communication Services | 8.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
326
Monolithic Power Systems
MPWR
$41.5B
| $66.9M | 0.05% |
144,900
-17,400
| -11% | -$8.04M |
|
327
Restaurant Brands International
QSR
$20.7B
| $66.5M | 0.05% |
990,530
-121,700
| -11% | -$8.17M |
|
328
Teck Resources
TECK
$16.8B
| $66.3M | 0.05% |
1,526,379
-188,000
| -11% | -$8.16M |
|
329
Coterra Energy
CTRA
$18.3B
| $65.9M | 0.05% |
2,436,320
-338,300
| -12% | -$9.15M |
|
330
DTE Energy
DTE
$28.4B
| $65.8M | 0.05% |
663,000
-81,400
| -11% | -$8.08M |
|
331
Thomson Reuters
TRI
$78.7B
| $65.7M | 0.05% |
532,255
-91,031
| -15% | -$11.2M |
|
332
Eversource Energy
ES
$23.6B
| $65.3M | 0.05% |
1,122,133
-137,100
| -11% | -$7.97M |
|
333
Genuine Parts
GPC
$19.4B
| $65.2M | 0.05% |
451,400
-57,100
| -11% | -$8.24M |
|
334
DoorDash
DASH
$105B
| $64.6M | 0.05% |
812,700
-107,300
| -12% | -$8.53M |
|
335
Albemarle
ALB
$9.6B
| $64.2M | 0.05% |
377,406
-46,200
| -11% | -$7.86M |
|
336
Ulta Beauty
ULTA
$23.1B
| $64M | 0.05% |
160,200
-21,100
| -12% | -$8.43M |
|
337
Ameren
AEE
$27.2B
| $63.2M | 0.05% |
844,700
-103,300
| -11% | -$7.73M |
|
338
Entergy
ETR
$39.2B
| $62.9M | 0.05% |
1,359,800
-172,000
| -11% | -$7.96M |
|
339
Dover
DOV
$24.4B
| $62.8M | 0.05% |
449,900
-54,900
| -11% | -$7.66M |
|
340
Invitation Homes
INVH
$18.5B
| $62.4M | 0.05% |
1,968,216
-241,600
| -11% | -$7.66M |
|
341
NVR
NVR
$23.5B
| $62.3M | 0.05% |
10,450
-1,270
| -11% | -$7.57M |
|
342
Fortis
FTS
$24.8B
| $62.2M | 0.05% |
1,622,582
-200,000
| -11% | -$7.66M |
|
343
Wheaton Precious Metals
WPM
$47.3B
| $62.1M | 0.05% |
1,516,900
-183,100
| -11% | -$7.49M |
|
344
Teledyne Technologies
TDY
$25.7B
| $61.8M | 0.05% |
151,318
-18,500
| -11% | -$7.56M |
|
345
Wabtec
WAB
$33B
| $61.5M | 0.05% |
578,629
-71,500
| -11% | -$7.6M |
|
346
Molina Healthcare
MOH
$9.47B
| $61.5M | 0.05% |
187,500
-21,600
| -10% | -$7.08M |
|
347
Baxter International
BAX
$12.5B
| $61.4M | 0.05% |
1,626,089
-199,700
| -11% | -$7.54M |
|
348
McCormick & Company Non-Voting
MKC
$19B
| $61.1M | 0.05% |
807,700
-98,300
| -11% | -$7.44M |
|
349
VeriSign
VRSN
$26.2B
| $61M | 0.05% |
301,000
-38,100
| -11% | -$7.72M |
|
350
Markel Group
MKL
$24.2B
| $60M | 0.05% |
40,750
-5,160
| -11% | -$7.6M |
|