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 | |
|---|---|---|---|---|---|---|
451
Lear
LEA
$6B
| $26.4M | 0.04% |
199,800
-4,800
| -2% | -$635K |
|
452
CBRE Group
CBRE
$48.7B
| $26.3M | 0.04% |
834,371
| – | – |
|
453
Interpublic Group of Companies
IPG
$9.89B
| $26.1M | 0.04% |
1,113,190
| – | – |
|
|
Y
454
DELISTED
Alleghany Corporation
Y
| $26M | 0.04% |
42,800
| – | – |
|
455
LKQ Corp
LKQ
$8.39B
| $26M | 0.04% |
848,200
| – | – |
|
456
Targa Resources
TRGP
$34.5B
| $26M | 0.04% |
463,500
+203,612
| +78% | +$11.4M |
|
457
Mattel
MAT
$5.96B
| $25.9M | 0.04% |
941,550
| – | – |
|
458
Delta Air Lines
DAL
$40.3B
| $25.7M | 0.04% |
522,707
-12,100
| -2% | -$595K |
|
|
RAD
459
DELISTED
Rite Aid Corporation
RAD
| $25.7M | 0.04% |
155,980
+11,000
| +8% | +$1.81M |
|
460
Regency Centers
REG
$13.3B
| $25.6M | 0.04% |
371,559
+18,800
| +5% | +$1.3M |
|
|
MBLY
461
DELISTED
Mobileye N.V.
MBLY
| $25.5M | 0.04% |
669,000
+1,500
| +0.2% | +$57.2K |
|
462
United Rentals
URI
$62.4B
| $25.5M | 0.04% |
241,500
-5,000
| -2% | -$528K |
|
463
Kohl's
KSS
$1.86B
| $25.5M | 0.04% |
515,483
| – | – |
|
464
Arthur J. Gallagher & Co
AJG
$76.7B
| $25.4M | 0.04% |
489,485
| – | – |
|
|
DRE
465
DELISTED
Duke Realty Corp.
DRE
| $25.4M | 0.04% |
957,089
| – | – |
|
466
Everest Group
EG
$14.2B
| $25.4M | 0.04% |
117,375
| – | – |
|
|
KSU
467
DELISTED
Kansas City Southern
KSU
| $25.4M | 0.04% |
299,051
| – | – |
|
|
TWTR
468
DELISTED
Twitter, Inc.
TWTR
| $25.3M | 0.04% |
1,551,300
| – | – |
|
469
Cadence Design Systems
CDNS
$98.3B
| $25M | 0.04% |
991,600
+157,500
| +19% | +$3.97M |
|
470
Ingredion
INGR
$8.24B
| $24.9M | 0.04% |
199,200
| – | – |
|
471
Sealed Air
SEE
$4.86B
| $24.7M | 0.04% |
544,623
| – | – |
|
472
Xylem
XYL
$34.1B
| $24.5M | 0.04% |
494,722
| – | – |
|
473
Coty
COTY
$3.77B
| $24.5M | 0.04% |
1,336,248
+1,327,248
| +14,747% | +$24.3M |
|
474
JB Hunt Transport Services
JBHT
$13.8B
| $24.2M | 0.04% |
249,358
| – | – |
|
475
Hasbro
HAS
$11.1B
| $24.2M | 0.04% |
310,646
| – | – |
|