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 | |
|---|---|---|---|---|---|---|
601
Advanced Micro Devices
AMD
$253B
| $14.1M | 0.02% |
1,246,853
| – | – |
|
602
Murphy Oil
MUR
$3.61B
| $14.1M | 0.02% |
452,419
| – | – |
|
|
HDS
603
DELISTED
HD Supply Holdings, Inc.
HDS
| $14M | 0.02% |
329,915
+5,300
| +2% | +$225K |
|
604
Polaris
PII
$3.35B
| $14M | 0.02% |
170,100
| – | – |
|
605
Elbit Systems
ESLT
$22.8B
| $14M | 0.02% |
137,465
+98,676
| +254% | +$10M |
|
606
DexCom
DXCM
$30.6B
| $13.9M | 0.02% |
933,200
+393,136
| +73% | +$5.87M |
|
|
FLIR
607
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $13.8M | 0.02% |
380,729
| – | – |
|
608
Toll Brothers
TOL
$14.3B
| $13.7M | 0.02% |
443,033
| – | – |
|
|
CLR
609
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $13.3M | 0.02% |
258,656
| – | – |
|
|
GRA
610
DELISTED
W.R. Grace & Co.
GRA
| $13.2M | 0.02% |
195,100
| – | – |
|
|
PDCO
611
DELISTED
Patterson Companies, Inc.
PDCO
| $13.2M | 0.02% |
321,058
-189,200
| -37% | -$7.76M |
|
612
Dick's Sporting Goods
DKS
$17.9B
| $13.1M | 0.02% |
247,200
| – | – |
|
613
Under Armour Class C
UA
$2.09B
| $13M | 0.02% |
515,912
| – | – |
|
|
WFT
614
DELISTED
Weatherford International plc
WFT
| $12.8M | 0.02% |
2,567,746
+102,300
| +4% | +$510K |
|
615
Jones Lang LaSalle
JLL
$14.8B
| $12.6M | 0.02% |
124,900
| – | – |
|
616
Spirit AeroSystems
SPR
$4.82B
| $12.4M | 0.02% |
212,200
-2,600
| -1% | -$152K |
|
617
TEGNA Inc
TGNA
$3.38B
| $12.3M | 0.02% |
895,625
| – | – |
|
618
Fortinet
FTNT
$61.2B
| $12.2M | 0.02% |
2,019,000
| – | – |
|
|
DNB
619
DELISTED
Dun & Bradstreet
DNB
| $12.2M | 0.02% |
100,178
| – | – |
|
|
FDC
620
DELISTED
First Data Corporation
FDC
| $12.1M | 0.02% |
+856,000
| New | +$12.1M |
|
621
News Corp Class A
NWSA
$16.9B
| $12.1M | 0.02% |
1,052,599
| – | – |
|
622
East-West Bancorp
EWBC
$15.1B
| $12M | 0.02% |
236,860
+4,500
| +2% | +$229K |
|
623
Edgewell Personal Care
EPC
$1.05B
| $12M | 0.02% |
164,169
| – | – |
|
624
New Oriental
EDU
$8.51B
| $11.9M | 0.02% |
282,379
-23,700
| -8% | -$998K |
|
625
RPM International
RPM
$16.1B
| $11.8M | 0.02% |
219,203
+5,000
| +2% | +$269K |
|