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 |
Teva Pharmaceuticals
TEVA
|
+$132M |
| 2 |
Fortis
FTS
|
+$68.5M |
| 3 |
Intuitive Surgical
ISRG
|
+$45.9M |
| 4 |
Keurig Dr Pepper
KDP
|
+$41M |
| 5 |
Medtronic
MDT
|
+$31.6M |
Top Sells
| 1 |
LNKD
LinkedIn Corporation
LNKD
|
+$63.4M |
| 2 |
Hershey
HSY
|
+$53.7M |
| 3 |
American Tower
AMT
|
+$49M |
| 4 |
Alcoa
AA
|
+$35.8M |
| 5 |
LLL
L3 Technologies, Inc.
LLL
|
+$32.2M |
Sector Composition
| 1 | Technology | 15.56% |
| 2 | Healthcare | 14.34% |
| 3 | Industrials | 10.53% |
| 4 | Consumer Discretionary | 10.4% |
| 5 | Communication Services | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
Diamondback Energy
FANG
$39.5B
| $24.1M | 0.04% |
238,600
+113,956
| +91% | +$11.5M |
|
477
Eldorado Gold
EGO
$5.32B
| $24M | 0.04% |
1,495,420
-43,160
| -3% | -$694K |
|
478
Pinnacle West Capital
PNW
$10.4B
| $24M | 0.04% |
307,351
| – | – |
|
479
Huntington Ingalls Industries
HII
$10.5B
| $24M | 0.04% |
130,200
+54,100
| +71% | +$9.96M |
|
480
Alliant Energy
LNT
$16.4B
| $23.8M | 0.04% |
627,798
| – | – |
|
481
Alexandria Real Estate Equities
ARE
$14.3B
| $23.6M | 0.04% |
212,500
+8,500
| +4% | +$945K |
|
|
QVCGA
482
QVC Group, Inc. Series A Common Stock
QVCGA
$72.7M
| $23.6M | 0.04% |
24,288
-237
| -1% | -$230K |
|
483
BorgWarner
BWA
$9.45B
| $23.5M | 0.04% |
676,490
-8,293
| -1% | -$288K |
|
484
Globe Life
GL
$11.4B
| $23.4M | 0.04% |
317,428
| – | – |
|
485
Travel + Leisure Co
TNL
$4.04B
| $23.3M | 0.04% |
676,904
-10,189
| -1% | -$351K |
|
486
Alkermes
ALKS
$4.6B
| $23.2M | 0.04% |
417,900
| – | – |
|
|
CSC
487
DELISTED
Computer Sciences
CSC
| $23.2M | 0.04% |
390,666
+166,400
| +74% | +$9.89M |
|
488
Fidelity National Financial
FNF
$16.3B
| $23.2M | 0.04% |
984,307
| – | – |
|
489
Helmerich & Payne
HP
$1.99B
| $23.1M | 0.04% |
298,852
| – | – |
|
490
Cameco
CCJ
$33.7B
| $23.1M | 0.04% |
2,207,900
-17,600
| -0.8% | -$184K |
|
491
Cheniere Energy
LNG
$51.5B
| $22.9M | 0.04% |
553,800
| – | – |
|
492
Fortune Brands Innovations
FBIN
$7.05B
| $22.8M | 0.04% |
499,824
| – | – |
|
493
Goodyear
GT
$2.45B
| $22.7M | 0.04% |
736,500
| – | – |
|
494
Hanesbrands
HBI
$2.25B
| $22.7M | 0.04% |
1,053,900
| – | – |
|
|
VER
495
DELISTED
VEREIT, Inc.
VER
| $22.6M | 0.04% |
534,036
| – | – |
|
496
Howmet Aerospace
HWM
$72.2B
| $22.5M | 0.04% |
+1,581,354
| New | +$22.5M |
|
497
Iron Mountain
IRM
$28.6B
| $22.5M | 0.04% |
692,164
| – | – |
|
498
Reinsurance Group of America
RGA
$12.6B
| $22.4M | 0.04% |
178,200
+74,200
| +71% | +$9.34M |
|
|
TSS
499
DELISTED
Total System Services, Inc.
TSS
| $22.4M | 0.04% |
456,918
| – | – |
|
500
TechnipFMC
FTI
$16.3B
| $22.3M | 0.04% |
842,680
| – | – |
|