Swiss National Bank

Swiss National Bank Portfolio holdings

AUM $167B
 

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.

This Quarter Return
+4.37%
1 Year Return
+24.69%
3 Year Return
+110.21%
5 Year Return
+190.84%
10 Year Return
+479.95%
AUM
$150B
AUM Growth
+$150B
Cap. Flow
-$5.35B
Cap. Flow %
-3.56%
Top 10 Hldgs %
34.41%
Holding
2,505
New
40
Increased
956
Reduced
881
Closed
65

Sector Composition

1 Technology 33.9%
2 Consumer Discretionary 12.65%
3 Healthcare 10.7%
4 Communication Services 9.68%
5 Industrials 8.83%
Name Market Value Portfolio Weight Shares or Principal Shares
Change %
Capital Flow
MRK icon
26
Merck
MRK
$210B
$712M 0.47% 7,160,751 -357,200 -5% -$35.5M
CVX icon
27
Chevron
CVX
$324B
$712M 0.47% 4,915,035 -281,700 -5% -$40.8M
CSCO icon
28
Cisco
CSCO
$274B
$667M 0.44% 11,273,700 -684,700 -6% -$40.5M
ACN icon
29
Accenture
ACN
$162B
$621M 0.41% 1,765,200 -94,000 -5% -$33.1M
NOW icon
30
ServiceNow
NOW
$190B
$617M 0.41% 581,900 -26,600 -4% -$28.2M
PEP icon
31
PepsiCo
PEP
$204B
$589M 0.39% 3,875,800 -201,300 -5% -$30.6M
MCD icon
32
McDonald's
MCD
$224B
$587M 0.39% 2,026,600 -112,500 -5% -$32.6M
IBM icon
33
IBM
IBM
$227B
$572M 0.38% 2,602,300 -124,400 -5% -$27.3M
DIS icon
34
Walt Disney
DIS
$213B
$570M 0.38% 5,123,325 -287,800 -5% -$32M
LIN icon
35
Linde
LIN
$224B
$565M 0.38% 1,349,001 -77,600 -5% -$32.5M
TMO icon
36
Thermo Fisher Scientific
TMO
$186B
$561M 0.37% 1,079,100 -53,900 -5% -$28M
ABT icon
37
Abbott
ABT
$231B
$556M 0.37% 4,915,280 -248,300 -5% -$28.1M
ADBE icon
38
Adobe
ADBE
$151B
$553M 0.37% 1,243,600 -72,500 -6% -$32.2M
AMD icon
39
Advanced Micro Devices
AMD
$264B
$552M 0.37% 4,572,175 -225,400 -5% -$27.2M
PM icon
40
Philip Morris
PM
$260B
$529M 0.35% 4,392,200 -222,000 -5% -$26.7M
ISRG icon
41
Intuitive Surgical
ISRG
$170B
$524M 0.35% 1,003,800 -49,000 -5% -$25.6M
GE icon
42
GE Aerospace
GE
$292B
$511M 0.34% 3,063,262 -185,800 -6% -$31M
INTU icon
43
Intuit
INTU
$186B
$498M 0.33% 791,800 -37,900 -5% -$23.8M
CAT icon
44
Caterpillar
CAT
$196B
$497M 0.33% 1,369,800 -81,800 -6% -$29.7M
TXN icon
45
Texas Instruments
TXN
$184B
$484M 0.32% 2,579,300 -123,200 -5% -$23.1M
QCOM icon
46
Qualcomm
QCOM
$173B
$483M 0.32% 3,147,100 -165,300 -5% -$25.4M
AXP icon
47
American Express
AXP
$231B
$477M 0.32% 1,606,579 -102,000 -6% -$30.3M
VZ icon
48
Verizon
VZ
$186B
$476M 0.32% 11,891,798 -602,200 -5% -$24.1M
BKNG icon
49
Booking.com
BKNG
$181B
$471M 0.31% 94,784 -6,000 -6% -$29.8M
T icon
50
AT&T
T
$209B
$461M 0.31% 20,255,684 -1,026,900 -5% -$23.4M