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
|
+$112M |
| 2 |
Ferguson
FERG
|
+$104M |
| 3 |
Amazon
AMZN
|
+$101M |
| 4 |
Apple
AAPL
|
+$98.3M |
| 5 |
International Flavors & Fragrances
IFF
|
+$75M |
Top Sells
| 1 |
TIF
Tiffany & Co.
TIF
|
+$96.7M |
| 2 |
DuPont de Nemours
DD
|
+$52.5M |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$43.4M |
| 4 |
AvalonBay Communities
AVB
|
+$38.1M |
| 5 |
Equity Residential
EQR
|
+$22.8M |
Sector Composition
| 1 | Technology | 25.7% |
| 2 | Healthcare | 14.14% |
| 3 | Consumer Discretionary | 13.72% |
| 4 | Communication Services | 10.9% |
| 5 | Industrials | 9.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
401
Seagate
STX
$40.7B
| $68.3M | 0.05% |
890,042
+14,800
| +2% | +$1.14M |
|
402
Essex Property Trust
ESS
$17.3B
| $68.1M | 0.05% |
250,692
-57,908
| -19% | -$15.7M |
|
403
Waters Corp
WAT
$17.9B
| $67.8M | 0.05% |
238,620
+4,600
| +2% | +$1.31M |
|
404
Omnicom Group
OMC
$15.1B
| $67.7M | 0.05% |
912,521
+15,000
| +2% | +$1.11M |
|
|
COUP
405
DELISTED
Coupa Software Incorporated
COUP
| $67.4M | 0.04% |
264,800
+11,700
| +5% | +$2.98M |
|
406
Celanese
CE
$4.89B
| $67.3M | 0.04% |
449,534
+2,400
| +0.5% | +$360K |
|
407
Ingersoll Rand
IR
$31.7B
| $67.1M | 0.04% |
1,363,236
+23,500
| +2% | +$1.16M |
|
408
PG&E
PCG
$32.9B
| $67M | 0.04% |
5,724,100
+225,900
| +4% | +$2.65M |
|
|
CTLT
409
DELISTED
CATALENT, INC.
CTLT
| $66.7M | 0.04% |
633,400
+13,600
| +2% | +$1.43M |
|
|
KL
410
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $66.5M | 0.04% |
1,970,862
-69,400
| -3% | -$2.34M |
|
411
Rogers Communications
RCI
$19.2B
| $66.2M | 0.04% |
1,437,000
+17,200
| +1% | +$793K |
|
412
Insulet
PODD
$24.8B
| $66.2M | 0.04% |
253,600
+5,500
| +2% | +$1.44M |
|
413
IAC Inc
IAC
$2.88B
| $66.1M | 0.04% |
560,136
+9,710
| +2% | +$1.15M |
|
414
Arista Networks
ANET
$178B
| $65.9M | 0.04% |
3,491,936
+44,800
| +1% | +$845K |
|
415
Zscaler
ZS
$44B
| $65.9M | 0.04% |
383,700
+112,500
| +41% | +$19.3M |
|
416
TransUnion
TRU
$18.3B
| $65.8M | 0.04% |
730,914
+12,700
| +2% | +$1.14M |
|
417
ON Semiconductor
ON
$19.9B
| $65.7M | 0.04% |
1,579,595
+27,500
| +2% | +$1.14M |
|
418
Healthpeak Properties
DOC
$12.6B
| $65.7M | 0.04% |
2,069,186
+34,700
| +2% | +$1.1M |
|
419
Kinross Gold
KGC
$27.3B
| $65.6M | 0.04% |
9,846,435
-258,500
| -3% | -$1.72M |
|
420
Sun Communities
SUI
$16.3B
| $65M | 0.04% |
432,928
+42,300
| +11% | +$6.35M |
|
421
Albemarle
ALB
$8.54B
| $64.5M | 0.04% |
441,707
+39,700
| +10% | +$5.8M |
|
|
DRE
422
DELISTED
Duke Realty Corp.
DRE
| $64.5M | 0.04% |
1,538,862
+33,200
| +2% | +$1.39M |
|
423
Plug Power
PLUG
$1.63B
| $64.5M | 0.04% |
1,799,988
+774,400
| +76% | +$27.8M |
|
|
CNH
424
CNH Industrial
CNH
$14.2B
| $64.5M | 0.04% |
4,783,401
+91,050
| +2% | +$1.23M |
|
425
Jacobs Solutions
J
$17.2B
| $64.4M | 0.04% |
602,618
+7,737
| +1% | +$827K |
|