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 | |
|---|---|---|---|---|---|---|
|
XL
426
DELISTED
XL Group Ltd.
XL
| $28.8M | 0.05% |
773,841
-17,800
| -2% | -$663K |
|
427
Unum
UNM
$12.6B
| $28.7M | 0.05% |
652,167
-6,400
| -1% | -$281K |
|
428
ResMed
RMD
$40.8B
| $28.6M | 0.05% |
461,400
+73,100
| +19% | +$4.54M |
|
429
Acuity Brands
AYI
$10.4B
| $28M | 0.04% |
121,400
| – | – |
|
430
Bunge Global
BG
$16.7B
| $28M | 0.04% |
387,935
| – | – |
|
431
Tractor Supply
TSCO
$31.7B
| $28M | 0.04% |
1,847,000
| – | – |
|
432
CenterPoint Energy
CNP
$24.5B
| $27.9M | 0.04% |
1,131,522
| – | – |
|
|
AUY
433
DELISTED
Yamana Gold, Inc.
AUY
| $27.7M | 0.04% |
9,887,048
+170,100
| +2% | +$477K |
|
434
Autoliv
ALV
$9.7B
| $27.6M | 0.04% |
338,479
| – | – |
|
435
Snap-on
SNA
$17.2B
| $27.5M | 0.04% |
160,800
| – | – |
|
436
NetApp
NTAP
$23.9B
| $27.5M | 0.04% |
779,038
-22,900
| -3% | -$808K |
|
|
CA
437
DELISTED
CA, Inc.
CA
| $27.5M | 0.04% |
864,822
| – | – |
|
|
WFM
438
DELISTED
Whole Foods Market Inc
WFM
| $27.4M | 0.04% |
890,566
| – | – |
|
439
Vermilion Energy
VET
$1.13B
| $27.2M | 0.04% |
648,100
+10,100
| +2% | +$425K |
|
|
TIF
440
DELISTED
Tiffany & Co.
TIF
| $27.1M | 0.04% |
350,048
| – | – |
|
441
The Mosaic Company
MOS
$10.3B
| $27M | 0.04% |
921,165
| – | – |
|
|
JNPR
442
DELISTED
Juniper Networks
JNPR
| $27M | 0.04% |
955,267
| – | – |
|
443
Tapestry
TPR
$21.8B
| $26.9M | 0.04% |
768,973
| – | – |
|
444
Albemarle
ALB
$9.5B
| $26.7M | 0.04% |
310,706
| – | – |
|
445
F5
FFIV
$18.4B
| $26.7M | 0.04% |
184,764
-1,800
| -1% | -$260K |
|
446
Bausch Health
BHC
$2.71B
| $26.7M | 0.04% |
1,842,060
+19,500
| +1% | +$283K |
|
447
Centene
CNC
$14.2B
| $26.6M | 0.04% |
942,328
| – | – |
|
448
Pentair
PNR
$18.1B
| $26.6M | 0.04% |
707,062
| – | – |
|
449
D.R. Horton
DHI
$54.8B
| $26.6M | 0.04% |
974,074
| – | – |
|
|
VMW
450
DELISTED
VMware, Inc
VMW
| $26.5M | 0.04% |
336,661
+6,700
| +2% | +$527K |
|