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 |
Microsoft
MSFT
|
+$834M |
| 2 |
Apple
AAPL
|
+$763M |
| 3 |
Amazon
AMZN
|
+$604M |
| 4 |
Meta Platforms (Facebook)
META
|
+$293M |
| 5 |
Johnson & Johnson
JNJ
|
+$263M |
Top Sells
| 1 |
WCG
Wellcare Health Plans, Inc.
WCG
|
+$52.4M |
| 2 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
+$32.8M |
| 3 |
LPT
Liberty Property Trust
LPT
|
+$29.6M |
| 4 |
MDCO
Medicines Co
MDCO
|
+$12.9M |
| 5 |
INXN
Interxion Holding N.V.
INXN
|
+$12.3M |
Sector Composition
| 1 | Technology | 23.53% |
| 2 | Healthcare | 15.94% |
| 3 | Consumer Discretionary | 11.41% |
| 4 | Communication Services | 10.49% |
| 5 | Consumer Staples | 8.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Yum China
YUMC
$16.2B
| $40.1M | 0.04% |
940,178
| – | – |
|
402
New Oriental
EDU
$9.04B
| $39.8M | 0.04% |
367,532
| – | – |
|
403
Insulet
PODD
$23.8B
| $39.7M | 0.04% |
239,900
+49,900
| +26% | +$8.27M |
|
404
EPAM Systems
EPAM
$8.53B
| $39.6M | 0.04% |
213,449
+40,400
| +23% | +$7.5M |
|
405
Pembina Pipeline
PBA
$22.5B
| $39.6M | 0.04% |
2,146,548
+239,700
| +13% | +$4.42M |
|
406
Paycom
PAYC
$12.4B
| $38.9M | 0.04% |
192,655
+36,000
| +23% | +$7.27M |
|
407
Tractor Supply
TSCO
$31B
| $38.9M | 0.04% |
2,297,505
+418,000
| +22% | +$7.07M |
|
408
Fidelity National Financial
FNF
$16.2B
| $38.8M | 0.04% |
1,621,941
+552,387
| +52% | +$13.2M |
|
409
SS&C Technologies
SSNC
$21.6B
| $38.7M | 0.04% |
882,775
+162,600
| +23% | +$7.13M |
|
410
Teva Pharmaceuticals
TEVA
$22.4B
| $38.7M | 0.04% |
4,307,499
+486,000
| +13% | +$4.36M |
|
|
VMW
411
DELISTED
VMware, Inc
VMW
| $38.6M | 0.04% |
318,889
+60,600
| +23% | +$7.34M |
|
412
Henry Schein
HSIC
$8.17B
| $38.5M | 0.04% |
762,910
+126,000
| +20% | +$6.37M |
|
413
Zebra Technologies
ZBRA
$15.6B
| $38.4M | 0.04% |
209,252
+38,600
| +23% | +$7.09M |
|
414
Federal Realty Investment Trust
FRT
$8.67B
| $38.3M | 0.04% |
512,850
+82,700
| +19% | +$6.17M |
|
415
Masco
MAS
$15.3B
| $38.1M | 0.04% |
1,102,689
+190,100
| +21% | +$6.57M |
|
416
DocuSign
DOCU
$15.9B
| $37.9M | 0.04% |
409,917
+81,200
| +25% | +$7.5M |
|
417
GoDaddy
GDDY
$20.1B
| $37.8M | 0.04% |
662,717
+104,700
| +19% | +$5.98M |
|
418
Booz Allen Hamilton
BAH
$12.6B
| $37.4M | 0.04% |
544,800
+102,700
| +23% | +$7.05M |
|
419
Stellantis
STLA
$25.3B
| $37.2M | 0.04% |
5,171,679
+211,273
| +4% | +$1.52M |
|
420
Universal Health Services
UHS
$11.8B
| $37.2M | 0.04% |
375,134
+63,000
| +20% | +$6.24M |
|
421
NetApp
NTAP
$24.7B
| $36.9M | 0.04% |
885,716
+135,500
| +18% | +$5.65M |
|
422
Hologic
HOLX
$14.6B
| $36.5M | 0.04% |
1,040,775
+198,000
| +23% | +$6.95M |
|
423
Open Text
OTEX
$8.93B
| $36.4M | 0.04% |
1,059,900
+115,000
| +12% | +$3.95M |
|
424
Qorvo
QRVO
$8.26B
| $36.4M | 0.04% |
450,982
+79,700
| +21% | +$6.43M |
|
|
VAR
425
DELISTED
Varian Medical Systems, Inc.
VAR
| $36.2M | 0.04% |
352,764
+34,600
| +11% | +$3.55M |
|