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 | |
|---|---|---|---|---|---|---|
626
CommScope
COMM
$3.6B
| $11.8M | 0.02% |
317,143
+36,600
| +13% | +$1.36M |
|
627
Carlisle Companies
CSL
$16.2B
| $11.7M | 0.02% |
106,200
+3,000
| +3% | +$331K |
|
|
AIV
628
Aimco
AIV
$1.07B
| $11.7M | 0.02% |
1,929,249
+34,532
| +2% | +$209K |
|
629
Melco Resorts & Entertainment
MLCO
$3.81B
| $11.6M | 0.02% |
728,047
+7,400
| +1% | +$118K |
|
630
Jack Henry & Associates
JKHY
$11.6B
| $11.5M | 0.02% |
129,100
+1,200
| +0.9% | +$107K |
|
631
Zillow
Z
$20.8B
| $11.4M | 0.02% |
313,534
| – | – |
|
|
DISCA
632
DELISTED
Discovery, Inc. Series A Common Stock
DISCA
| $11.4M | 0.02% |
416,088
| – | – |
|
633
Leidos
LDOS
$23.1B
| $11.3M | 0.02% |
221,576
+3,600
| +2% | +$184K |
|
634
IDEX
IEX
$12.1B
| $11.3M | 0.02% |
125,200
+2,400
| +2% | +$216K |
|
635
Kilroy Realty
KRC
$4.98B
| $11.1M | 0.02% |
151,711
+2,400
| +2% | +$176K |
|
|
FTR
636
DELISTED
Frontier Communications Corp.
FTR
| $11M | 0.02% |
216,150
| – | – |
|
637
Factset
FDS
$13.7B
| $10.9M | 0.02% |
66,851
+700
| +1% | +$114K |
|
|
NUAN
638
DELISTED
Nuance Communications, Inc.
NUAN
| $10.8M | 0.02% |
840,599
+43,775
| +5% | +$565K |
|
|
CPN
639
DELISTED
Calpine Corporation
CPN
| $10.8M | 0.02% |
942,158
| – | – |
|
|
ACC
640
DELISTED
American Campus Communities, Inc.
ACC
| $10.7M | 0.02% |
214,552
+3,400
| +2% | +$169K |
|
641
AGCO
AGCO
$8.03B
| $10.6M | 0.02% |
182,556
| – | – |
|
|
PF
642
DELISTED
Pinnacle Foods, Inc.
PF
| $10.4M | 0.02% |
193,980
+5,900
| +3% | +$315K |
|
643
Keysight
KEYS
$29.2B
| $10.2M | 0.02% |
279,836
+3,300
| +1% | +$121K |
|
|
PACW
644
DELISTED
PacWest Bancorp
PACW
| $10.2M | 0.02% |
187,960
+3,100
| +2% | +$169K |
|
645
West Pharmaceutical
WST
$18.4B
| $10.2M | 0.02% |
120,400
+2,200
| +2% | +$187K |
|
646
NVR
NVR
$23B
| $10.1M | 0.02% |
6,080
+70
| +1% | +$117K |
|
647
Allegion
ALLE
$14.6B
| $10.1M | 0.02% |
157,594
+2,900
| +2% | +$186K |
|
648
Hubbell
HUBB
$23.5B
| $10.1M | 0.02% |
86,400
+2,000
| +2% | +$233K |
|
649
American Financial Group
AFG
$11.5B
| $10.1M | 0.02% |
114,200
+2,400
| +2% | +$211K |
|
650
Toro Company
TTC
$7.7B
| $10.1M | 0.02% |
179,700
+2,900
| +2% | +$162K |
|