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 |
Apple
AAPL
|
+$430M |
| 2 |
Microsoft
MSFT
|
+$312M |
| 3 |
Exxon Mobil
XOM
|
+$258M |
| 4 |
GE Aerospace
GE
|
+$224M |
| 5 |
Johnson & Johnson
JNJ
|
+$221M |
Top Sells
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
+$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
+$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
+$54.7M |
| 4 |
Stellantis
STLA
|
+$26.9M |
| 5 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
+$20M |
Sector Composition
| 1 | Technology | 14.87% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.32% |
| 5 | Industrials | 10.23% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ENDP
551
DELISTED
Endo International plc
ENDP
| $15.1M | 0.03% |
558,363
+167,800
| +43% | +$4.53M |
|
552
IQVIA
IQV
$31.3B
| $15M | 0.03% |
239,900
+73,500
| +44% | +$4.59M |
|
553
Arrow Electronics
ARW
$6.54B
| $15M | 0.03% |
242,248
+70,700
| +41% | +$4.36M |
|
554
ManpowerGroup
MAN
$1.75B
| $14.9M | 0.03% |
191,364
+51,800
| +37% | +$4.04M |
|
555
Sabre
SABR
$679M
| $14.9M | 0.03% |
536,800
+213,500
| +66% | +$5.92M |
|
556
CDW
CDW
$22.4B
| $14.8M | 0.03% |
371,500
+109,600
| +42% | +$4.36M |
|
557
Pultegroup
PHM
$26.7B
| $14.6M | 0.03% |
814,100
+234,300
| +40% | +$4.2M |
|
558
Packaging Corp of America
PKG
$19.2B
| $14.6M | 0.03% |
252,100
+75,200
| +43% | +$4.35M |
|
559
Avnet
AVT
$4.5B
| $14.6M | 0.03% |
343,432
+99,500
| +41% | +$4.22M |
|
560
Flowserve
FLS
$7.35B
| $14.5M | 0.03% |
340,522
+98,500
| +41% | +$4.19M |
|
|
WBC
561
DELISTED
WABCO HOLDINGS INC.
WBC
| $14.5M | 0.03% |
141,100
+41,200
| +41% | +$4.22M |
|
562
United Rentals
URI
$60.8B
| $14.4M | 0.03% |
241,200
+67,900
| +39% | +$4.05M |
|
563
OGE Energy
OGE
$8.85B
| $14.2M | 0.03% |
518,800
+157,600
| +44% | +$4.32M |
|
564
Ralph Lauren
RL
$18.9B
| $14.1M | 0.03% |
152,974
+44,500
| +41% | +$4.11M |
|
565
United Airlines
UAL
$34.8B
| $13.9M | 0.03% |
241,862
+70,400
| +41% | +$4.04M |
|
566
W.R. Berkley
WRB
$27.4B
| $13.8M | 0.03% |
865,175
+260,550
| +43% | +$4.16M |
|
567
Range Resources
RRC
$8.3B
| $13.7M | 0.03% |
439,929
+133,600
| +44% | +$4.15M |
|
|
TRQ
568
DELISTED
Turquoise Hill Resources Ltd
TRQ
| $13.5M | 0.02% |
546,820
+103,050
| +23% | +$2.54M |
|
569
Trip.com Group
TCOM
$47.4B
| $13.5M | 0.02% |
304,011
+95,103
| +46% | +$4.21M |
|
570
FMC
FMC
$4.61B
| $13.4M | 0.02% |
400,248
+121,526
| +44% | +$4.08M |
|
571
AXIS Capital
AXS
$7.59B
| $13.3M | 0.02% |
250,446
+68,200
| +37% | +$3.63M |
|
572
Jacobs Solutions
J
$17.3B
| $13.3M | 0.02% |
383,779
+111,951
| +41% | +$3.87M |
|
|
VAL
573
DELISTED
Valspar
VAL
| $13.2M | 0.02% |
128,100
+23,800
| +23% | +$2.46M |
|
574
NetEase
NTES
$92.3B
| $13.2M | 0.02% |
459,845
+99,675
| +28% | +$2.86M |
|
575
Anywhere Real Estate
HOUS
$699M
| $13.2M | 0.02% |
381,000
+115,800
| +44% | +$4.01M |
|