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 |
Linde
LIN
|
+$299M |
| 2 |
General Dynamics
GD
|
+$129M |
| 3 |
Cigna
CI
|
+$86.9M |
| 4 |
CVS Health
CVS
|
+$75M |
| 5 |
Amazon
AMZN
|
+$46.9M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
+$234M |
| 2 |
Northrop Grumman
NOC
|
+$218M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
+$170M |
| 4 |
PX
Praxair Inc
PX
|
+$168M |
| 5 |
COL
Rockwell Collins
COL
|
+$116M |
Sector Composition
| 1 | Technology | 18.92% |
| 2 | Healthcare | 16.26% |
| 3 | Consumer Discretionary | 11.53% |
| 4 | Communication Services | 10.14% |
| 5 | Industrials | 9.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Liberty Global Class C
LBTYK
$3.99B
| $35.2M | 0.05% |
1,704,956
-24,100
| -1% | -$497K |
|
402
Martin Marietta Materials
MLM
$37.2B
| $35.2M | 0.05% |
204,650
+3,600
| +2% | +$619K |
|
403
Chipotle Mexican Grill
CMG
$51.9B
| $35.1M | 0.05% |
4,069,350
+75,000
| +2% | +$648K |
|
404
Veeva Systems
VEEV
$45B
| $35M | 0.05% |
392,400
+8,200
| +2% | +$732K |
|
405
Lamb Weston
LW
$7.79B
| $35M | 0.04% |
476,100
+221,467
| +87% | +$16.3M |
|
406
Western Digital
WDC
$33B
| $35M | 0.04% |
1,253,097
-10,584
| -0.8% | -$296K |
|
407
Regency Centers
REG
$13.1B
| $34.9M | 0.04% |
594,279
+6,500
| +1% | +$381K |
|
408
Qiagen
QGEN
$9.98B
| $34.8M | 0.04% |
966,939
+7,156
| +0.7% | +$258K |
|
409
The Mosaic Company
MOS
$10.6B
| $34.7M | 0.04% |
1,189,565
+20,800
| +2% | +$608K |
|
410
Molson Coors Class B
TAP
$9.7B
| $34.5M | 0.04% |
614,828
+10,700
| +2% | +$601K |
|
411
Vornado Realty Trust
VNO
$7.77B
| $34.5M | 0.04% |
556,243
+9,800
| +2% | +$608K |
|
412
Vail Resorts
MTN
$5.37B
| $34.5M | 0.04% |
163,600
+1,200
| +0.7% | +$253K |
|
413
DexCom
DXCM
$29.8B
| $34.4M | 0.04% |
1,148,800
+534,400
| +87% | +$16M |
|
414
W.P. Carey
WPC
$14.8B
| $34.2M | 0.04% |
534,648
+344,486
| +181% | +$22M |
|
415
Seagate
STX
$41.1B
| $34.2M | 0.04% |
886,216
+15,800
| +2% | +$610K |
|
416
Thomson Reuters
TRI
$76.8B
| $34.2M | 0.04% |
+681,805
| New | +$34.2M |
|
417
TransUnion
TRU
$17.5B
| $34.1M | 0.04% |
600,800
+13,400
| +2% | +$761K |
|
418
Dover
DOV
$24.1B
| $34.1M | 0.04% |
480,117
-13,800
| -3% | -$979K |
|
419
Akamai
AKAM
$11B
| $33.7M | 0.04% |
551,019
+6,300
| +1% | +$385K |
|
420
Eastman Chemical
EMN
$7.47B
| $33.6M | 0.04% |
459,438
+3,700
| +0.8% | +$271K |
|
421
Atmos Energy
ATO
$26.3B
| $33.5M | 0.04% |
361,700
+7,100
| +2% | +$658K |
|
422
Credicorp
BAP
$21B
| $33.2M | 0.04% |
149,583
+4,562
| +3% | +$1.01M |
|
423
Tractor Supply
TSCO
$31B
| $33M | 0.04% |
1,978,500
+30,500
| +2% | +$509K |
|
424
CF Industries
CF
$14.1B
| $33M | 0.04% |
758,440
+13,400
| +2% | +$583K |
|
425
Fortinet
FTNT
$60.9B
| $32.9M | 0.04% |
2,338,000
+57,000
| +2% | +$803K |
|