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 |
Walt Disney
DIS
|
$137M |
| 2 |
Alibaba
BABA
|
$107M |
| 3 |
Microsoft
MSFT
|
$78.7M |
| 4 |
Amazon
AMZN
|
$70.3M |
| 5 |
Fox Class A
FOXA
|
$44M |
Top Sells
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$165M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$68.3M |
| 3 |
Oracle
ORCL
|
$45.5M |
| 4 |
PG&E
PCG
|
$41.2M |
| 5 |
Qualcomm
QCOM
|
$30M |
Sector Composition
| 1 | Technology | 19.66% |
| 2 | Healthcare | 15.18% |
| 3 | Consumer Discretionary | 11.83% |
| 4 | Communication Services | 10.1% |
| 5 | Industrials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
McDonald's
MCD
$224B
| $618M | 0.68% | 3,255,448 +70,100 | +2% | +$13.3M |
|
|
27
Alibaba
BABA
$322B
| $586M | 0.64% | 3,248,069 +595,125 | +22% | +$107M |
|
28
Walmart
WMT
$774B
| $541M | 0.59% | 5,548,529 +75,300 | +1% | +$7.34M |
|
29
Netflix
NFLX
$513B
| $519M | 0.57% | 1,455,525 +39,900 | +3% | +$14.2M |
|
|
30
Oracle
ORCL
$635B
| $490M | 0.54% | 9,119,828 -846,900 | -8% | -$45.5M |
|
31
Abbott
ABT
$231B
| $486M | 0.53% | 6,082,688 +165,700 | +3% | +$13.2M |
|
32
Philip Morris
PM
$260B
| $483M | 0.53% | 5,459,031 +143,100 | +3% | +$12.6M |
|
33
Medtronic
MDT
$119B
| $464M | 0.51% | 5,096,663 +109,600 | +2% | +$9.98M |
|
34
IBM
IBM
$227B
| $462M | 0.51% | 3,273,877 +73,000 | +2% | +$10.3M |
|
35
Eli Lilly
LLY
$657B
| $455M | 0.5% | 3,509,256 -184,087 | -5% | -$23.9M |
|
36
Accenture
ACN
$162B
| $441M | 0.48% | 2,505,417 +58,200 | +2% | +$10.2M |
|
37
Adobe
ADBE
$151B
| $434M | 0.48% | 1,629,283 +36,400 | +2% | +$9.7M |
|
38
Altria Group
MO
$113B
| $427M | 0.47% | 7,439,994 +18,800 | +0.3% | +$1.08M |
|
39
Broadcom
AVGO
$1.4T
| $416M | 0.46% | 1,385,013 -18,300 | -1% | -$5.5M |
|
40
Union Pacific
UNP
$133B
| $411M | 0.45% | 2,459,272 +55,300 | +2% | +$9.25M |
|
41
3M
MMM
$82.8B
| $410M | 0.45% | 1,972,304 +31,700 | +2% | +$6.59M |
|
42
DuPont de Nemours
DD
$32.2B
| $408M | 0.45% | 7,657,934 +157,900 | +2% | +$8.42M |
|
43
AbbVie
ABBV
$372B
| $405M | 0.44% | 5,021,029 +98,400 | +2% | +$7.93M |
|
44
Salesforce
CRM
$245B
| $404M | 0.44% | 2,553,572 +216,600 | +9% | +$34.3M |
|
45
Amgen
AMGN
$155B
| $404M | 0.44% | 2,128,426 +24,300 | +1% | +$4.62M |
|
46
Honeywell
HON
$139B
| $393M | 0.43% | 2,470,973 +57,100 | +2% | +$9.07M |
|
47
PayPal
PYPL
$67.1B
| $388M | 0.43% | 3,736,591 +81,000 | +2% | +$8.41M |
|
48
NextEra Energy, Inc.
NEE
$148B
| $381M | 0.42% | 1,968,924 +72,600 | +4% | +$14M |
|
49
Costco
COST
$418B
| $368M | 0.4% | 1,519,508 +38,600 | +3% | +$9.35M |
|
50
Thermo Fisher Scientific
TMO
$186B
| $368M | 0.4% | 1,343,832 +34,400 | +3% | +$9.42M |
|