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 |
DXC Technology
DXC
|
+$79.7M |
| 2 |
Dell
DELL
|
+$68M |
| 3 |
RAI
Reynolds American Inc
RAI
|
+$63M |
| 4 |
Microsoft
MSFT
|
+$55.1M |
| 5 |
Altria Group
MO
|
+$54.8M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
+$149M |
| 2 |
BCR
CR Bard Inc.
BCR
|
+$67.4M |
| 3 |
MJN
Mead Johnson Nutrition Company
MJN
|
+$58.3M |
| 4 |
VAL
Valspar
VAL
|
+$38.8M |
| 5 |
WWAV
The WhiteWave Foods Company
WWAV
|
+$36.8M |
Sector Composition
| 1 | Technology | 16.86% |
| 2 | Healthcare | 15.56% |
| 3 | Consumer Discretionary | 10.99% |
| 4 | Communication Services | 10.48% |
| 5 | Industrials | 10.38% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
451
Autoliv
ALV
$9.59B
| $35.3M | 0.04% |
446,327
+12,492
| +3% | +$988K |
|
452
Interpublic Group of Companies
IPG
$9.67B
| $35.2M | 0.04% |
1,430,790
+24,000
| +2% | +$590K |
|
|
TSS
453
DELISTED
Total System Services, Inc.
TSS
| $35.1M | 0.04% |
602,018
+15,700
| +3% | +$915K |
|
454
Southwest Airlines
LUV
$16.4B
| $34.8M | 0.04% |
560,412
+15,100
| +3% | +$938K |
|
455
Harley-Davidson
HOG
$3.67B
| $34.7M | 0.04% |
643,196
+16,800
| +3% | +$908K |
|
456
United Rentals
URI
$61.4B
| $34.6M | 0.04% |
307,100
+8,700
| +3% | +$981K |
|
457
Pinnacle West Capital
PNW
$10.5B
| $34.5M | 0.04% |
405,651
+11,200
| +3% | +$954K |
|
458
Yum China
YUMC
$16.3B
| $34.2M | 0.04% |
868,556
+23,300
| +3% | +$919K |
|
459
Cadence Design Systems
CDNS
$90.1B
| $34M | 0.04% |
1,016,500
-178,000
| -15% | -$5.96M |
|
460
Teleflex
TFX
$5.74B
| $34M | 0.04% |
163,600
+7,500
| +5% | +$1.56M |
|
461
Jazz Pharmaceuticals
JAZZ
$7.76B
| $33.9M | 0.04% |
218,300
+6,000
| +3% | +$933K |
|
462
Liberty Broadband Class C
LBRDK
$8.69B
| $33.9M | 0.04% |
390,200
+10,700
| +3% | +$928K |
|
|
Y
463
DELISTED
Alleghany Corporation
Y
| $33.5M | 0.04% |
56,300
+1,700
| +3% | +$1.01M |
|
464
Imperial Oil
IMO
$46.6B
| $33.5M | 0.04% |
1,148,500
-52,900
| -4% | -$1.54M |
|
465
Western Union
WU
$2.78B
| $33.4M | 0.04% |
1,754,024
+36,000
| +2% | +$686K |
|
466
Snap-on
SNA
$17B
| $33.4M | 0.04% |
211,400
+5,800
| +3% | +$916K |
|
467
Alliant Energy
LNT
$16.5B
| $33.3M | 0.04% |
829,498
+23,500
| +3% | +$944K |
|
468
Coty
COTY
$3.63B
| $33.2M | 0.04% |
1,769,248
+50,400
| +3% | +$946K |
|
469
Ovintiv
OVV
$10.8B
| $33.2M | 0.04% |
753,420
-34,640
| -4% | -$1.52M |
|
470
PVH
PVH
$3.95B
| $33.1M | 0.04% |
288,900
+4,600
| +2% | +$527K |
|
471
SiriusXM
SIRI
$8.1B
| $32.9M | 0.04% |
601,906
+3,550
| +0.6% | +$194K |
|
472
BorgWarner
BWA
$9.3B
| $32.9M | 0.04% |
881,084
+23,856
| +3% | +$890K |
|
473
Trimble
TRMB
$19.1B
| $32.8M | 0.04% |
920,100
+32,200
| +4% | +$1.15M |
|
474
Acuity Brands
AYI
$10.2B
| $32.6M | 0.04% |
160,600
+4,400
| +3% | +$894K |
|
|
XEC
475
DELISTED
CIMAREX ENERGY CO
XEC
| $32.6M | 0.04% |
346,661
+10,100
| +3% | +$950K |
|