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 | |
|---|---|---|---|---|---|---|
351
FirstEnergy
FE
$25.1B
| $59.8M | 0.05% |
1,750,444
-215,000
| -11% | -$7.35M |
|
352
Targa Resources
TRGP
$34.9B
| $59.2M | 0.05% |
690,700
-85,700
| -11% | -$7.35M |
|
353
Howmet Aerospace
HWM
$71.8B
| $58.4M | 0.05% |
1,262,984
-150,000
| -11% | -$6.94M |
|
354
Cameco
CCJ
$33B
| $58M | 0.05% |
1,450,600
-179,000
| -11% | -$7.16M |
|
355
Corpay
CPAY
$22.4B
| $57.6M | 0.05% |
225,600
-26,500
| -11% | -$6.77M |
|
356
Brown-Forman Class B
BF.B
$13.7B
| $57.5M | 0.05% |
997,518
-122,000
| -11% | -$7.04M |
|
357
Labcorp
LH
$23.2B
| $57.3M | 0.04% |
285,020
-87,018
| -23% | -$17.5M |
|
358
Dell
DELL
$84.4B
| $56.8M | 0.04% |
824,908
-104,600
| -11% | -$7.21M |
|
359
Expeditors International
EXPD
$16.4B
| $56.3M | 0.04% |
491,500
-66,400
| -12% | -$7.61M |
|
360
Principal Financial Group
PFG
$17.8B
| $56.3M | 0.04% |
780,900
-96,700
| -11% | -$6.97M |
|
361
International Flavors & Fragrances
IFF
$16.9B
| $55.9M | 0.04% |
820,599
-100,500
| -11% | -$6.85M |
|
362
Pembina Pipeline
PBA
$22.1B
| $55.9M | 0.04% |
1,843,696
-227,300
| -11% | -$6.89M |
|
363
PPL Corp
PPL
$26.6B
| $55.9M | 0.04% |
2,370,700
-291,300
| -11% | -$6.86M |
|
364
Cloudflare
NET
$74.7B
| $55.8M | 0.04% |
884,700
-99,900
| -10% | -$6.3M |
|
365
Iron Mountain
IRM
$27.2B
| $55.8M | 0.04% |
938,061
-114,800
| -11% | -$6.82M |
|
366
Darden Restaurants
DRI
$24.5B
| $55.7M | 0.04% |
389,000
-47,700
| -11% | -$6.83M |
|
367
Jacobs Solutions
J
$17.4B
| $55.7M | 0.04% |
493,260
-59,965
| -11% | -$6.77M |
|
368
Steel Dynamics
STLD
$19.8B
| $55.4M | 0.04% |
516,500
-72,100
| -12% | -$7.73M |
|
369
Hologic
HOLX
$14.8B
| $54.8M | 0.04% |
790,340
-100,100
| -11% | -$6.95M |
|
370
CenterPoint Energy
CNP
$24.7B
| $54.5M | 0.04% |
2,029,700
-244,900
| -11% | -$6.58M |
|
371
Ventas
VTR
$30.9B
| $54.2M | 0.04% |
1,286,868
-157,900
| -11% | -$6.65M |
|
372
Brown & Brown
BRO
$31.3B
| $54.1M | 0.04% |
774,700
-97,900
| -11% | -$6.84M |
|
373
Hubbell
HUBB
$23.2B
| $54M | 0.04% |
172,400
-21,100
| -11% | -$6.61M |
|
374
CF Industries
CF
$13.7B
| $53.9M | 0.04% |
628,100
-79,600
| -11% | -$6.82M |
|
375
Zoom
ZM
$25B
| $53.6M | 0.04% |
767,000
-80,900
| -10% | -$5.66M |
|