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 |
Xerox
XRX
|
$65.1M |
| 4 |
MJN
Mead Johnson Nutrition Company
MJN
|
$58.3M |
| 5 |
VAL
Valspar
VAL
|
$38.8M |
Sector Composition
| 1 | Technology | 16.86% |
| 2 | Healthcare | 15.56% |
| 3 | Consumer Discretionary | 10.99% |
| 4 | Communication Services | 10.48% |
| 5 | Industrials | 10.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Cisco
CSCO
$274B
| $581M | 0.69% | 18,555,993 +769,500 | +4% | +$24.1M |
|
27
Oracle
ORCL
$635B
| $575M | 0.68% | 11,470,028 +332,100 | +3% | +$16.7M |
|
28
McDonald's
MCD
$224B
| $574M | 0.68% | 3,748,148 +94,600 | +3% | +$14.5M |
|
29
IBM
IBM
$227B
| $544M | 0.65% | 3,534,977 +100,700 | +3% | +$15.5M |
|
30
Medtronic
MDT
$119B
| $492M | 0.58% | 5,541,263 +81,600 | +1% | +$7.24M |
|
31
Walmart
WMT
$774B
| $470M | 0.56% | 6,209,229 +136,800 | +2% | +$10.4M |
|
32
3M
MMM
$82.8B
| $466M | 0.55% | 2,237,404 +106,100 | +5% | +$22.1M |
|
33
Amgen
AMGN
$155B
| $463M | 0.55% | 2,690,908 +54,900 | +2% | +$9.46M |
|
34
Mastercard
MA
$538B
| $453M | 0.54% | 3,732,120 +71,900 | +2% | +$8.73M |
|
35
AbbVie
ABBV
$372B
| $422M | 0.5% | 5,823,829 +65,600 | +1% | +$4.76M |
|
36
Boeing
BA
$177B
| $420M | 0.5% | 2,125,891 +48,500 | +2% | +$9.59M |
|
|
CELG
37
DELISTED
Celgene Corp
CELG
| $369M | 0.44% | 2,842,596 +95,700 | +3% | +$12.4M |
|
38
Alibaba
BABA
$322B
| $368M | 0.44% | 2,609,043 | – | – |
|
39
Schlumberger
SLB
$55B
| $356M | 0.42% | 5,406,835 +165,300 | +3% | +$10.9M |
|
40
Honeywell
HON
$139B
| $352M | 0.42% | 2,642,073 +76,600 | +3% | +$10.2M |
|
41
RTX Corp
RTX
$212B
| $342M | 0.41% | 2,797,221 +25,500 | +0.9% | +$3.11M |
|
42
Broadcom
AVGO
$1.4T
| $341M | 0.41% | 1,465,213 +39,600 | +3% | +$9.23M |
|
43
Starbucks
SBUX
$100B
| $341M | 0.4% | 5,851,644 +170,500 | +3% | +$9.94M |
|
44
Bristol-Myers Squibb
BMY
$96B
| $341M | 0.4% | 6,111,570 +189,900 | +3% | +$10.6M |
|
45
Eli Lilly
LLY
$657B
| $339M | 0.4% | 4,121,443 +110,000 | +3% | +$9.05M |
|
46
Gilead Sciences
GILD
$140B
| $338M | 0.4% | 4,775,524 +107,400 | +2% | +$7.6M |
|
47
Booking.com
BKNG
$181B
| $336M | 0.4% | 179,652 +4,800 | +3% | +$8.98M |
|
48
Abbott
ABT
$231B
| $328M | 0.39% | 6,738,388 +209,600 | +3% | +$10.2M |
|
49
Union Pacific
UNP
$133B
| $324M | 0.38% | 2,973,272 +53,100 | +2% | +$5.78M |
|
50
Accenture
ACN
$162B
| $321M | 0.38% | 2,595,117 +78,500 | +3% | +$9.71M |
|