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 |
AT&T
T
|
$156M |
| 2 |
Amazon
AMZN
|
$78.9M |
| 3 |
Evergy
EVRG
|
$76M |
| 4 |
Microsoft
MSFT
|
$66.4M |
| 5 |
Apple
AAPL
|
$56.4M |
Top Sells
| 1 |
TWX
Time Warner Inc
TWX
|
$257M |
| 2 |
MON
Monsanto Co
MON
|
$208M |
| 3 |
WR
Westar Energy Inc
WR
|
$47.7M |
| 4 |
Intuitive Surgical
ISRG
|
$24.4M |
| 5 |
Charter Communications
CHTR
|
$17.2M |
Sector Composition
| 1 | Technology | 19.23% |
| 2 | Healthcare | 14.51% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Communication Services | 10.47% |
| 5 | Industrials | 9.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Comcast
CMCSA
$125B
| $525M | 0.6% | 16,006,500 +364,200 | +2% | +$11.9M |
|
27
Walt Disney
DIS
$213B
| $521M | 0.6% | 4,971,428 +125,900 | +3% | +$13.2M |
|
28
DuPont de Nemours
DD
$32.2B
| $508M | 0.58% | 7,700,134 +192,600 | +3% | +$12.7M |
|
29
Walmart
WMT
$774B
| $480M | 0.55% | 5,609,729 +109,700 | +2% | +$9.4M |
|
30
AbbVie
ABBV
$372B
| $468M | 0.54% | 5,050,229 -71,700 | -1% | -$6.64M |
|
31
IBM
IBM
$227B
| $465M | 0.53% | 3,326,577 +225,800 | +7% | +$31.5M |
|
32
Oracle
ORCL
$635B
| $464M | 0.53% | 10,538,528 +224,300 | +2% | +$9.88M |
|
33
NVIDIA
NVDA
$4.25T
| $451M | 0.52% | 1,903,385 -40,900 | -2% | -$9.69M |
|
34
Alibaba
BABA
$322B
| $442M | 0.51% | 2,383,147 -62,354 | -3% | -$11.6M |
|
35
Medtronic
MDT
$119B
| $437M | 0.5% | 5,108,863 +142,000 | +3% | +$12.2M |
|
36
Philip Morris
PM
$260B
| $437M | 0.5% | 5,411,931 +154,400 | +3% | +$12.5M |
|
37
Altria Group
MO
$113B
| $434M | 0.5% | 7,644,294 +170,200 | +2% | +$9.67M |
|
38
Amgen
AMGN
$155B
| $411M | 0.47% | 2,227,926 +69,500 | +3% | +$12.8M |
|
39
3M
MMM
$82.8B
| $401M | 0.46% | 2,039,704 +58,500 | +3% | +$11.5M |
|
40
Accenture
ACN
$162B
| $396M | 0.45% | 2,422,317 +69,200 | +3% | +$11.3M |
|
41
Adobe
ADBE
$151B
| $396M | 0.45% | 1,625,083 +43,500 | +3% | +$10.6M |
|
42
GE Aerospace
GE
$292B
| $391M | 0.45% | 28,706,161 +883,200 | +3% | +$12M |
|
43
Union Pacific
UNP
$133B
| $369M | 0.42% | 2,602,672 +77,200 | +3% | +$10.9M |
|
44
Abbott
ABT
$231B
| $366M | 0.42% | 5,998,788 +190,600 | +3% | +$11.6M |
|
45
Texas Instruments
TXN
$184B
| $359M | 0.41% | 3,252,894 +90,700 | +3% | +$10M |
|
46
Honeywell
HON
$139B
| $358M | 0.41% | 2,486,373 +164,400 | +7% | +$23.7M |
|
47
Nike
NKE
$114B
| $342M | 0.39% | 4,291,068 +81,200 | +2% | +$6.47M |
|
48
Schlumberger
SLB
$55B
| $332M | 0.38% | 4,950,935 +133,900 | +3% | +$8.98M |
|
49
Broadcom
AVGO
$1.4T
| $329M | 0.38% | 1,356,513 +47,600 | +4% | +$11.5M |
|
50
Eli Lilly
LLY
$657B
| $329M | 0.38% | 3,851,143 +84,800 | +2% | +$7.24M |
|