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 |
Canadian National Railway
CNI
|
$75.7M |
| 2 |
CNH
CNH Industrial
CNH
|
$67.6M |
| 3 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
$43.4M |
| 4 |
Merck
MRK
|
$42M |
| 5 |
Qualcomm
QCOM
|
$36.1M |
Top Sells
| 1 |
Annaly Capital Management
NLY
|
$55.5M |
| 2 |
Bristol-Myers Squibb
BMY
|
$54.5M |
| 3 |
AGNC Investment
AGNC
|
$45M |
| 4 |
Realty Income
O
|
$39.8M |
| 5 |
Freeport-McMoran
FCX
|
$37.3M |
Sector Composition
| 1 | Technology | 13.28% |
| 2 | Healthcare | 12.93% |
| 3 | Energy | 11.94% |
| 4 | Industrials | 11.43% |
| 5 | Consumer Staples | 10.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Duke Energy
DUK
$95.3B
| $104M | 0.4% | 1,499,892 -19,000 | -1% | -$1.31M |
|
52
Eli Lilly
LLY
$657B
| $103M | 0.4% | 2,024,543 -273,600 | -12% | -$14M |
|
53
Dominion Energy
D
$51.1B
| $102M | 0.4% | 1,577,551 -18,200 | -1% | -$1.18M |
|
54
Meta Platforms (Facebook)
META
$1.86T
| $101M | 0.39% | 1,839,900 +39,900 | +2% | +$2.18M |
|
55
Paychex
PAYX
$50.2B
| $98.7M | 0.38% | 2,166,957 -106,200 | -5% | -$4.84M |
|
56
3M
MMM
$82.8B
| $97M | 0.38% | 691,804 -18,300 | -3% | -$2.57M |
|
|
SE
57
DELISTED
Spectra Energy Corp Wi
SE
| $96.7M | 0.38% | 2,714,315 -324,000 | -11% | -$11.5M |
|
58
CVS Health
CVS
$92.8B
| $93.7M | 0.37% | 1,309,010 -34,600 | -3% | -$2.48M |
|
59
ConocoPhillips
COP
$124B
| $92.4M | 0.36% | 1,308,529 -20,400 | -2% | -$1.44M |
|
60
Consolidated Edison
ED
$35.4B
| $92.3M | 0.36% | 1,669,471 -18,700 | -1% | -$1.03M |
|
|
POT
61
DELISTED
Potash Corp Of Saskatchewan
POT
| $92.1M | 0.36% | 2,794,000 -23,600 | -0.8% | -$778K |
|
62
Amgen
AMGN
$155B
| $91.6M | 0.36% | 802,708 -9,500 | -1% | -$1.08M |
|
|
B
63
Barrick Mining Corporation
B
$45.4B
| $90M | 0.35% | 5,111,350 +903,300 | +21% | +$15.9M |
|
64
AbbVie
ABBV
$372B
| $89.2M | 0.35% | 1,689,418 -25,600 | -1% | -$1.35M |
|
65
Starbucks
SBUX
$100B
| $85.8M | 0.33% | 1,093,972 +283,100 | +35% | +$22.2M |
|
66
Canadian Pacific Kansas City
CP
$69.9B
| $85.3M | 0.33% | 564,400 -1,900 | -0.3% | -$287K |
|
67
Union Pacific
UNP
$133B
| $83M | 0.32% | 494,286 -15,600 | -3% | -$2.62M |
|
68
American Tower
AMT
$95.5B
| $81.7M | 0.32% | 1,023,626 +244,300 | +31% | +$19.5M |
|
69
Occidental Petroleum
OXY
$46.9B
| $81.6M | 0.32% | 858,543 -13,900 | -2% | -$1.32M |
|
70
UnitedHealth
UNH
$281B
| $81.6M | 0.32% | 1,083,427 -21,100 | -2% | -$1.59M |
|
71
Mondelez International
MDLZ
$79.5B
| $79.2M | 0.31% | 2,244,089 -41,900 | -2% | -$1.48M |
|
|
MON
72
DELISTED
Monsanto Co
MON
| $78.2M | 0.31% | 671,366 +82,700 | +14% | +$9.64M |
|
73
Becton Dickinson
BDX
$55.3B
| $76.8M | 0.3% | 694,804 -8,400 | -1% | -$928K |
|
74
BCE
BCE
$23.3B
| $76.6M | 0.3% | 1,768,900 -5,800 | -0.3% | -$251K |
|
75
American International
AIG
$45.1B
| $76.3M | 0.3% | 1,494,556 -24,200 | -2% | -$1.24M |
|