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 |
Walmart
WMT
|
$522M |
| 2 |
Flutter Entertainment
FLUT
|
$119M |
| 3 |
Old Dominion Freight Line
ODFL
|
$61.5M |
| 4 |
Cooper Companies
COO
|
$44.5M |
| 5 |
Corebridge Financial
CRBG
|
$21.5M |
Top Sells
| 1 |
Apple
AAPL
|
$840M |
| 2 |
Microsoft
MSFT
|
$390M |
| 3 |
NVIDIA
NVDA
|
$295M |
| 4 |
Amazon
AMZN
|
$214M |
| 5 |
Meta Platforms (Facebook)
META
|
$147M |
Sector Composition
| 1 | Technology | 31.25% |
| 2 | Healthcare | 12.76% |
| 3 | Consumer Discretionary | 11.79% |
| 4 | Industrials | 9.5% |
| 5 | Communication Services | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
26
Netflix
NFLX
$513B
| $796M | 0.56% | 1,310,700 -75,100 | -5% | -$45.6M |
|
27
Coca-Cola
KO
$297B
| $753M | 0.53% | 12,300,200 -545,800 | -4% | -$33.4M |
|
28
PepsiCo
PEP
$204B
| $721M | 0.51% | 4,117,400 -181,900 | -4% | -$31.8M |
|
29
Adobe
ADBE
$151B
| $683M | 0.48% | 1,353,600 -70,100 | -5% | -$35.4M |
|
30
Linde
LIN
$224B
| $674M | 0.47% | 1,452,201 -73,600 | -5% | -$34.2M |
|
31
Thermo Fisher Scientific
TMO
$186B
| $673M | 0.47% | 1,157,100 -49,800 | -4% | -$28.9M |
|
32
Walt Disney
DIS
$213B
| $672M | 0.47% | 5,490,925 -230,700 | -4% | -$28.2M |
|
33
Accenture
ACN
$162B
| $651M | 0.46% | 1,877,700 -84,900 | -4% | -$29.4M |
|
34
Oracle
ORCL
$635B
| $620M | 0.43% | 4,939,400 -200,300 | -4% | -$25.2M |
|
35
McDonald's
MCD
$224B
| $612M | 0.43% | 2,172,200 -106,600 | -5% | -$30.1M |
|
36
Cisco
CSCO
$274B
| $607M | 0.43% | 12,169,000 -496,900 | -4% | -$24.8M |
|
37
Abbott
ABT
$231B
| $591M | 0.41% | 5,199,080 -227,400 | -4% | -$25.8M |
|
38
GE Aerospace
GE
$292B
| $572M | 0.4% | 3,259,462 -143,900 | -4% | -$25.3M |
|
39
Qualcomm
QCOM
$173B
| $567M | 0.4% | 3,348,100 -141,700 | -4% | -$24M |
|
40
Caterpillar
CAT
$196B
| $559M | 0.39% | 1,524,600 -70,600 | -4% | -$25.9M |
|
41
Intel
INTC
$107B
| $558M | 0.39% | 12,625,800 -470,000 | -4% | -$20.8M |
|
42
Intuit
INTU
$186B
| $545M | 0.38% | 838,300 -38,100 | -4% | -$24.8M |
|
43
Verizon
VZ
$186B
| $528M | 0.37% | 12,590,198 -555,800 | -4% | -$23.3M |
|
44
Danaher
DHR
$147B
| $525M | 0.37% | 2,102,208 -91,200 | -4% | -$22.8M |
|
45
IBM
IBM
$227B
| $522M | 0.37% | 2,734,600 -114,200 | -4% | -$21.8M |
|
46
Comcast
CMCSA
$125B
| $521M | 0.37% | 12,025,800 -843,900 | -7% | -$36.6M |
|
47
Applied Materials
AMAT
$128B
| $513M | 0.36% | 2,488,800 -127,100 | -5% | -$26.2M |
|
48
Texas Instruments
TXN
$184B
| $474M | 0.33% | 2,719,900 -119,300 | -4% | -$20.8M |
|
49
Pfizer
PFE
$141B
| $469M | 0.33% | 16,909,812 -744,900 | -4% | -$20.7M |
|
50
ServiceNow
NOW
$190B
| $468M | 0.33% | 614,000 -24,900 | -4% | -$19M |
|