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 | 10.53% |
| 4 | Consumer Discretionary | 10.4% |
| 5 | Communication Services | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Gildan
GIL
$8.27B
| $31.2M | 0.05% |
1,228,400
-37,300
| -3% | -$946K |
|
402
Mettler-Toledo International
MTD
$26.9B
| $31.1M | 0.05% |
74,300
| – | – |
|
403
Palo Alto Networks
PANW
$130B
| $30.9M | 0.05% |
1,482,600
| – | – |
|
404
Eastman Chemical
EMN
$7.93B
| $30.9M | 0.05% |
410,838
| – | – |
|
405
Macy's
M
$4.64B
| $30.8M | 0.05% |
859,312
+4,700
| +0.5% | +$168K |
|
406
Camden Property Trust
CPT
$11.9B
| $30.8M | 0.05% |
365,800
-29,900
| -8% | -$2.51M |
|
|
MXIM
407
DELISTED
Maxim Integrated Products
MXIM
| $30.4M | 0.05% |
787,971
| – | – |
|
408
Mid-America Apartment Communities
MAA
$17B
| $30.4M | 0.05% |
309,976
+101,176
| +48% | +$9.91M |
|
|
WP
409
DELISTED
Worldpay, Inc.
WP
| $30.3M | 0.05% |
507,500
+75,500
| +17% | +$4.5M |
|
|
VAL
410
DELISTED
Valspar
VAL
| $30.2M | 0.05% |
291,100
+73,200
| +34% | +$7.58M |
|
411
Waters Corp
WAT
$18.2B
| $30.1M | 0.05% |
224,259
| – | – |
|
412
Coterra Energy
CTRA
$18.3B
| $30M | 0.05% |
1,283,816
-160,900
| -11% | -$3.76M |
|
413
SL Green Realty
SLG
$4.4B
| $29.8M | 0.05% |
286,455
| – | – |
|
414
Western Union
WU
$2.86B
| $29.7M | 0.05% |
1,366,024
| – | – |
|
415
Trip.com Group
TCOM
$47.6B
| $29.7M | 0.05% |
741,396
-85,900
| -10% | -$3.44M |
|
416
Global Payments
GPN
$21.3B
| $29.6M | 0.05% |
426,669
| – | – |
|
417
DaVita
DVA
$9.86B
| $29.5M | 0.05% |
459,018
-267,000
| -37% | -$17.1M |
|
418
Universal Health Services
UHS
$12.1B
| $29.4M | 0.05% |
276,500
+27,800
| +11% | +$2.96M |
|
419
International Flavors & Fragrances
IFF
$16.9B
| $29.4M | 0.05% |
249,364
+28,500
| +13% | +$3.36M |
|
420
Masco
MAS
$15.9B
| $29.1M | 0.05% |
921,341
| – | – |
|
421
Kimco Realty
KIM
$15.4B
| $29.1M | 0.05% |
1,157,021
| – | – |
|
422
Harley-Davidson
HOG
$3.67B
| $29.1M | 0.05% |
498,496
-4,800
| -1% | -$280K |
|
423
Idexx Laboratories
IDXX
$51.4B
| $29M | 0.05% |
247,700
| – | – |
|
|
ANDV
424
DELISTED
Andeavor
ANDV
| $29M | 0.05% |
331,700
| – | – |
|
|
WWAV
425
DELISTED
The WhiteWave Foods Company
WWAV
| $28.9M | 0.05% |
519,056
+10,000
| +2% | +$556K |
|