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 |
Microsoft
MSFT
|
+$112M |
| 2 |
Ferguson
FERG
|
+$104M |
| 3 |
Amazon
AMZN
|
+$101M |
| 4 |
Apple
AAPL
|
+$98.3M |
| 5 |
International Flavors & Fragrances
IFF
|
+$75M |
Top Sells
| 1 |
TIF
Tiffany & Co.
TIF
|
+$96.7M |
| 2 |
DuPont de Nemours
DD
|
+$52.5M |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
+$43.4M |
| 4 |
AvalonBay Communities
AVB
|
+$38.1M |
| 5 |
Equity Residential
EQR
|
+$22.8M |
Sector Composition
| 1 | Technology | 25.7% |
| 2 | Healthcare | 14.14% |
| 3 | Consumer Discretionary | 13.72% |
| 4 | Communication Services | 10.9% |
| 5 | Industrials | 9.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
476
TAL Education Group
TAL
$6.37B
| $53.4M | 0.04% |
991,565
+42,200
| +4% | +$2.27M |
|
477
Molina Healthcare
MOH
$9.71B
| $53.3M | 0.04% |
227,900
+3,800
| +2% | +$888K |
|
478
Pool Corp
POOL
$11.9B
| $53.2M | 0.04% |
154,083
+2,800
| +2% | +$967K |
|
479
Live Nation Entertainment
LYV
$39.6B
| $53M | 0.04% |
626,262
+11,800
| +2% | +$999K |
|
480
Whirlpool
WHR
$5.24B
| $53M | 0.04% |
240,511
+5,100
| +2% | +$1.12M |
|
481
BioMarin Pharmaceuticals
BMRN
$10.5B
| $52.6M | 0.04% |
697,232
+12,100
| +2% | +$914K |
|
482
Open Text
OTEX
$8.93B
| $52.6M | 0.04% |
1,104,400
+15,100
| +1% | +$720K |
|
|
WRK
483
DELISTED
WestRock Company
WRK
| $52.6M | 0.04% |
1,010,052
+29,000
| +3% | +$1.51M |
|
484
Brown & Brown
BRO
$30.5B
| $52.1M | 0.03% |
1,140,600
+21,700
| +2% | +$992K |
|
485
Fortune Brands Innovations
FBIN
$7.05B
| $51.2M | 0.03% |
625,111
+14,391
| +2% | +$1.18M |
|
486
Henry Schein
HSIC
$8.17B
| $51M | 0.03% |
737,110
+11,200
| +2% | +$775K |
|
487
Atmos Energy
ATO
$26.3B
| $50.9M | 0.03% |
514,992
+23,000
| +5% | +$2.27M |
|
488
Devon Energy
DVN
$22.5B
| $50.8M | 0.03% |
2,325,839
+1,460,839
| +169% | +$31.9M |
|
489
Crown Holdings
CCK
$11B
| $50.3M | 0.03% |
518,013
+8,700
| +2% | +$844K |
|
490
GoDaddy
GDDY
$20.1B
| $50.1M | 0.03% |
645,717
+16,700
| +3% | +$1.3M |
|
491
Leidos
LDOS
$23.1B
| $50M | 0.03% |
519,401
+9,000
| +2% | +$867K |
|
492
Teva Pharmaceuticals
TEVA
$22.4B
| $49.9M | 0.03% |
4,320,399
+98,100
| +2% | +$1.13M |
|
493
UDR
UDR
$12.7B
| $49.7M | 0.03% |
1,133,379
-451,967
| -29% | -$19.8M |
|
494
Wynn Resorts
WYNN
$12.8B
| $49.6M | 0.03% |
395,875
+28,900
| +8% | +$3.62M |
|
|
VMW
495
DELISTED
VMware, Inc
VMW
| $49.2M | 0.03% |
326,789
+9,800
| +3% | +$1.47M |
|
|
SJR
496
DELISTED
Shaw Communications Inc.
SJR
| $49.1M | 0.03% |
1,890,000
+23,000
| +1% | +$598K |
|
497
Packaging Corp of America
PKG
$19.2B
| $49M | 0.03% |
364,613
+6,100
| +2% | +$820K |
|
498
Bio-Rad Laboratories Class A
BIO
$7.49B
| $48.9M | 0.03% |
85,600
+2,000
| +2% | +$1.14M |
|
499
Loews
L
$19.9B
| $48.8M | 0.03% |
951,339
-3,600
| -0.4% | -$185K |
|
500
Howmet Aerospace
HWM
$74.1B
| $48.2M | 0.03% |
1,500,695
+17,000
| +1% | +$546K |
|