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 |
Monster Beverage
MNST
|
$33M |
Top Sells
| 1 |
Alcoa
AA
|
$95.4M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
$63.4M |
| 3 |
Hershey
HSY
|
$53.7M |
| 4 |
American Tower
AMT
|
$49M |
| 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 | |
|---|---|---|---|---|---|---|
351
Bread Financial
BFH
$3.04B
| $37.4M | 0.06% |
163,598
| – | – |
|
352
Loews
L
$20B
| $37.3M | 0.06% |
797,119
| – | – |
|
353
Martin Marietta Materials
MLM
$36.6B
| $37.1M | 0.06% |
167,450
| – | – |
|
354
W.W. Grainger
GWW
$48.7B
| $37M | 0.06% |
159,474
-2,000
| -1% | -$465K |
|
355
TransDigm Group
TDG
$73.3B
| $36.9M | 0.06% |
148,300
+1,400
| +1% | +$349K |
|
356
FirstEnergy
FE
$25.1B
| $36.4M | 0.06% |
1,176,581
| – | – |
|
|
MJN
357
DELISTED
Mead Johnson Nutrition Company
MJN
| $36.4M | 0.06% |
514,409
-2,800
| -0.5% | -$198K |
|
358
Corpay
CPAY
$22.2B
| $36.3M | 0.06% |
256,700
| – | – |
|
359
Entergy
ETR
$39.1B
| $36.3M | 0.06% |
494,422
| – | – |
|
|
DISH
360
DELISTED
DISH Network Corp.
DISH
| $36.2M | 0.06% |
625,709
| – | – |
|
361
Lumen
LUMN
$4.71B
| $36.2M | 0.06% |
1,520,641
+8,700
| +0.6% | +$207K |
|
362
JD.com
JD
$44.1B
| $36.1M | 0.06% |
1,420,865
-164,100
| -10% | -$4.17M |
|
363
Chipotle Mexican Grill
CMG
$56B
| $36.1M | 0.06% |
95,587
-25,300
| -21% | -$9.55M |
|
364
MGM Resorts International
MGM
$10.5B
| $36.1M | 0.06% |
1,250,550
| – | – |
|
365
SBA Communications
SBAC
$21.7B
| $35.8M | 0.06% |
347,051
-47,400
| -12% | -$4.89M |
|
366
Macerich
MAC
$4.59B
| $35.7M | 0.06% |
503,341
-500
| -0.1% | -$35.4K |
|
|
XEC
367
DELISTED
CIMAREX ENERGY CO
XEC
| $35.6M | 0.06% |
262,261
| – | – |
|
368
NetEase
NTES
$85.6B
| $35.6M | 0.06% |
165,373
-18,800
| -10% | -$4.05M |
|
|
WRK
369
DELISTED
WestRock Company
WRK
| $35.6M | 0.06% |
700,504
-1,800
| -0.3% | -$91.4K |
|
|
ANSS
370
DELISTED
Ansys
ANSS
| $35.5M | 0.06% |
383,300
+7,100
| +2% | +$657K |
|
371
L3Harris
LHX
$51.1B
| $35.4M | 0.06% |
345,856
+900
| +0.3% | +$92.2K |
|
|
INFO
372
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $35.2M | 0.06% |
995,257
| – | – |
|
373
Ball Corp
BALL
$13.7B
| $35.1M | 0.06% |
467,171
| – | – |
|
|
RHT
374
DELISTED
Red Hat Inc
RHT
| $35M | 0.06% |
502,815
| – | – |
|
375
Mohawk Industries
MHK
$8.04B
| $34.8M | 0.05% |
174,274
| – | – |
|