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 |
Alibaba
BABA
|
$215M |
| 2 |
Fidelity National Information Services
FIS
|
$129M |
| 3 |
Global Payments
GPN
|
$75.2M |
| 4 |
L3Harris
LHX
|
$72.2M |
| 5 |
Fiserv
FI
|
$42.4M |
Top Sells
| 1 |
WP
Worldpay, Inc.
WP
|
$123M |
| 2 |
RHT
Red Hat Inc
RHT
|
$118M |
| 3 |
APC
Anadarko Petroleum
APC
|
$115M |
| 4 |
TSS
Total System Services, Inc.
TSS
|
$70.3M |
| 5 |
LLL
L3 Technologies, Inc.
LLL
|
$63.4M |
Sector Composition
| 1 | Technology | 20.38% |
| 2 | Healthcare | 14% |
| 3 | Consumer Discretionary | 12.02% |
| 4 | Communication Services | 10.17% |
| 5 | Industrials | 9.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Boeing
BA
$177B
| $672M | 0.71% | 1,765,138 +15,247 | +0.9% | +$5.8M |
|
27
McDonald's
MCD
$224B
| $670M | 0.71% | 3,118,882 -40,766 | -1% | -$8.75M |
|
28
Walmart
WMT
$774B
| $638M | 0.68% | 5,376,958 -38,771 | -0.7% | -$4.6M |
|
29
Medtronic
MDT
$119B
| $542M | 0.58% | 4,993,954 +23,091 | +0.5% | +$2.51M |
|
30
Abbott
ABT
$231B
| $504M | 0.54% | 6,029,108 +86,420 | +1% | +$7.23M |
|
31
Accenture
ACN
$162B
| $472M | 0.5% | 2,452,238 +9,521 | +0.4% | +$1.83M |
|
32
IBM
IBM
$227B
| $458M | 0.49% | 3,150,015 +14,638 | +0.5% | +$2.13M |
|
33
NextEra Energy, Inc.
NEE
$148B
| $449M | 0.48% | 1,926,383 +2,959 | +0.2% | +$689K |
|
34
Oracle
ORCL
$635B
| $448M | 0.48% | 8,148,663 -301,765 | -4% | -$16.6M |
|
35
Adobe
ADBE
$151B
| $445M | 0.47% | 1,611,439 +20,756 | +1% | +$5.73M |
|
36
Costco
COST
$418B
| $434M | 0.46% | 1,504,918 +13,710 | +0.9% | +$3.95M |
|
37
Salesforce
CRM
$245B
| $408M | 0.43% | 2,745,842 +250,970 | +10% | +$37.3M |
|
38
Philip Morris
PM
$260B
| $407M | 0.43% | 5,363,918 +30,987 | +0.6% | +$2.35M |
|
39
Honeywell
HON
$139B
| $407M | 0.43% | 2,403,334 +26,461 | +1% | +$4.48M |
|
40
Starbucks
SBUX
$100B
| $401M | 0.43% | 4,536,927 -118,317 | -3% | -$10.5M |
|
41
Texas Instruments
TXN
$184B
| $400M | 0.43% | 3,098,254 +38,860 | +1% | +$5.02M |
|
42
Amgen
AMGN
$155B
| $390M | 0.41% | 2,014,418 -14,208 | -0.7% | -$2.75M |
|
43
Nike
NKE
$114B
| $390M | 0.41% | 4,150,261 +46,593 | +1% | +$4.38M |
|
44
Netflix
NFLX
$513B
| $386M | 0.41% | 1,443,923 +20,598 | +1% | +$5.51M |
|
45
Thermo Fisher Scientific
TMO
$186B
| $385M | 0.41% | 1,320,960 +20,128 | +2% | +$5.86M |
|
46
PayPal
PYPL
$67.1B
| $382M | 0.41% | 3,686,165 +45,674 | +1% | +$4.73M |
|
47
Union Pacific
UNP
$133B
| $379M | 0.4% | 2,337,810 -18,862 | -0.8% | -$3.06M |
|
48
Eli Lilly
LLY
$657B
| $378M | 0.4% | 3,375,998 -55,558 | -2% | -$6.21M |
|
49
Linde
LIN
$224B
| $370M | 0.39% | 1,911,743 -11,093 | -0.6% | -$2.15M |
|
50
AbbVie
ABBV
$372B
| $370M | 0.39% | 4,882,061 +73,232 | +2% | +$5.55M |
|