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 |
Apple
AAPL
|
$485M |
| 2 |
Alphabet (Google) Class C
GOOG
|
$191M |
| 3 |
Union Pacific
UNP
|
$71.2M |
| 4 |
CELG
Celgene Corp
CELG
|
$33.7M |
| 5 |
UnitedHealth
UNH
|
$32.7M |
Top Sells
| 1 |
FRX
FOREST LABORATORIES INC
FRX
|
$79.7M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
$34.4M |
| 3 |
Verisk Analytics
VRSK
|
$32.1M |
| 4 |
AGN
ALLERGAN INC
AGN
|
$31.1M |
| 5 |
AGN
Allergan plc
AGN
|
$29M |
Sector Composition
| 1 | Technology | 13.23% |
| 2 | Healthcare | 13.12% |
| 3 | Energy | 12.37% |
| 4 | Industrials | 10.82% |
| 5 | Consumer Staples | 9.8% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
General Mills
GIS
$26.4B
| $144M | 0.53% | 2,737,416 +12,900 | +0.5% | +$678K |
|
27
Oracle
ORCL
$635B
| $142M | 0.53% | 3,506,828 -27,200 | -0.8% | -$1.1M |
|
28
Walt Disney
DIS
$213B
| $139M | 0.51% | 1,622,328 +4,200 | +0.3% | +$360K |
|
29
Southern Company
SO
$102B
| $136M | 0.5% | 2,989,724 +29,600 | +1% | +$1.34M |
|
30
Visa
V
$683B
| $133M | 0.49% | 632,457 +4,100 | +0.7% | +$864K |
|
31
Philip Morris
PM
$260B
| $130M | 0.48% | 1,545,031 -7,900 | -0.5% | -$666K |
|
32
Bausch Health
BHC
$2.74B
| $126M | 0.46% | 995,160 -22,900 | -2% | -$2.89M |
|
33
Kimberly-Clark
KMB
$42.8B
| $126M | 0.46% | 1,130,628 +6,500 | +0.6% | +$723K |
|
34
Cisco
CSCO
$274B
| $125M | 0.46% | 5,020,793 -161,600 | -3% | -$4.02M |
|
35
Gilead Sciences
GILD
$140B
| $124M | 0.46% | 1,499,324 +13,100 | +0.9% | +$1.09M |
|
|
B
36
Barrick Mining Corporation
B
$45.4B
| $124M | 0.46% | 6,768,950 +1,645,900 | +32% | +$30.1M |
|
37
Amazon
AMZN
$2.44T
| $124M | 0.46% | 380,441 +25,500 | +7% | +$8.28M |
|
38
Meta Platforms (Facebook)
META
$1.86T
| $123M | 0.46% | 1,829,400 +40,800 | +2% | +$2.75M |
|
39
Enbridge
ENB
$105B
| $123M | 0.45% | 2,588,300 +68,900 | +3% | +$3.27M |
|
40
Abbott
ABT
$231B
| $119M | 0.44% | 2,910,518 +17,700 | +0.6% | +$724K |
|
|
41
Union Pacific
UNP
$133B
| $116M | 0.43% | 1,159,972 +713,586 | +160% | +$71.2M |
|
42
Manulife Financial
MFC
$52.2B
| $115M | 0.43% | 5,803,500 -132,400 | -2% | -$2.63M |
|
43
Colgate-Palmolive
CL
$67.9B
| $115M | 0.43% | 1,688,672 +5,900 | +0.4% | +$402K |
|
44
TC Energy
TRP
$54.1B
| $115M | 0.42% | 2,403,450 -67,300 | -3% | -$3.21M |
|
45
United Parcel Service
UPS
$74.1B
| $114M | 0.42% | 1,111,577 +3,300 | +0.3% | +$339K |
|
46
Bristol-Myers Squibb
BMY
$96B
| $113M | 0.42% | 2,320,152 +18,800 | +0.8% | +$912K |
|
|
47
UnitedHealth
UNH
$281B
| $112M | 0.42% | 1,376,027 +400,200 | +41% | +$32.7M |
|
48
Dominion Energy
D
$51.1B
| $112M | 0.42% | 1,571,237 +13,100 | +0.8% | +$937K |
|
49
Comcast
CMCSA
$125B
| $112M | 0.41% | 2,085,084 +14,600 | +0.7% | +$784K |
|
50
Home Depot
HD
$405B
| $111M | 0.41% | 1,372,515 +7,500 | +0.5% | +$607K |
|