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 |
Fortive
FTV
|
+$43.6M |
| 2 |
Johnson Controls International
JCI
|
+$41.5M |
| 3 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
+$37.4M |
| 4 |
Alibaba
BABA
|
+$33.6M |
| 5 |
Telus
TU
|
+$33.1M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
+$170M |
| 2 |
Annaly Capital Management
NLY
|
+$81.7M |
| 3 |
Thomson Reuters
TRI
|
+$78.4M |
| 4 |
AGNC Investment
AGNC
|
+$53.4M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
+$50.7M |
Sector Composition
| 1 | Technology | 15.55% |
| 2 | Healthcare | 14.8% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.14% |
| 5 | Consumer Staples | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
ResMed
RMD
$39.6B
| $25.2M | 0.04% |
388,300
-4,100
| -1% | -$266K |
|
452
Sealed Air
SEE
$4.83B
| $25M | 0.04% |
544,623
-4,800
| -0.9% | -$220K |
|
453
Arthur J. Gallagher & Co
AJG
$75.2B
| $24.9M | 0.04% |
489,485
-6,900
| -1% | -$351K |
|
454
Interpublic Group of Companies
IPG
$9.51B
| $24.9M | 0.04% |
1,113,190
-14,000
| -1% | -$313K |
|
455
Tractor Supply
TSCO
$31B
| $24.9M | 0.04% |
1,847,000
-27,500
| -1% | -$370K |
|
456
PVH
PVH
$3.93B
| $24.9M | 0.04% |
224,900
-4,800
| -2% | -$530K |
|
457
Fortune Brands Innovations
FBIN
$7.05B
| $24.8M | 0.04% |
499,824
-16,848
| -3% | -$837K |
|
458
Lear
LEA
$5.76B
| $24.8M | 0.04% |
204,600
-4,100
| -2% | -$497K |
|
459
Vermilion Energy
VET
$1.18B
| $24.7M | 0.04% |
638,000
+8,900
| +1% | +$345K |
|
460
Hasbro
HAS
$10.9B
| $24.6M | 0.04% |
310,646
-4,300
| -1% | -$341K |
|
|
JWN
461
DELISTED
Nordstrom
JWN
| $24.6M | 0.04% |
473,825
-7,300
| -2% | -$379K |
|
462
Snap-on
SNA
$16.9B
| $24.4M | 0.04% |
160,800
-1,900
| -1% | -$289K |
|
|
WP
463
DELISTED
Worldpay, Inc.
WP
| $24.3M | 0.04% |
432,000
-3,800
| -0.9% | -$214K |
|
|
VMW
464
DELISTED
VMware, Inc
VMW
| $24.2M | 0.04% |
329,961
-3,400
| -1% | -$249K |
|
465
Cheniere Energy
LNG
$52.1B
| $24.1M | 0.04% |
553,800
-7,600
| -1% | -$331K |
|
466
Xerox
XRX
$456M
| $24.1M | 0.04% |
903,991
-11,878
| -1% | -$317K |
|
467
Alliant Energy
LNT
$16.4B
| $24.1M | 0.04% |
627,798
-8,400
| -1% | -$322K |
|
468
Cooper Companies
COO
$13.5B
| $24M | 0.04% |
535,600
-7,200
| -1% | -$323K |
|
|
NFX
469
DELISTED
Newfield Exploration
NFX
| $23.9M | 0.04% |
548,900
-6,600
| -1% | -$287K |
|
|
QVCGA
470
QVC Group, Inc. Series A Common Stock
QVCGA
$83.7M
| $23.8M | 0.04% |
24,525
-610
| -2% | -$593K |
|
471
Goodyear
GT
$2.45B
| $23.8M | 0.04% |
736,500
-12,100
| -2% | -$391K |
|
|
PDCO
472
DELISTED
Patterson Companies, Inc.
PDCO
| $23.4M | 0.04% |
510,258
-9,900
| -2% | -$455K |
|
473
AES
AES
$9.06B
| $23.4M | 0.04% |
1,823,708
-25,500
| -1% | -$328K |
|
474
Brixmor Property Group
BRX
$8.51B
| $23.4M | 0.04% |
842,650
+253,600
| +43% | +$7.05M |
|
475
Pinnacle West Capital
PNW
$10.5B
| $23.4M | 0.04% |
307,351
-3,900
| -1% | -$296K |
|