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 |
Starbucks
SBUX
|
$81.5M |
| 2 |
Apple
AAPL
|
$61.5M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$44.6M |
| 4 |
Brookfield
BN
|
$43.9M |
| 5 |
AvalonBay Communities
AVB
|
$35.3M |
Top Sells
| 1 |
Qualcomm
QCOM
|
$48.4M |
| 2 |
Cencora
COR
|
$37.3M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
$30M |
| 5 |
Ecolab
ECL
|
$29M |
Sector Composition
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.54% |
| 3 | Industrials | 10.58% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Union Pacific
UNP
$133B
| $150M | 0.39% | 1,575,472 -14,800 | -0.9% | -$1.41M |
|
52
General Mills
GIS
$26.4B
| $150M | 0.39% | 2,684,616 -42,900 | -2% | -$2.39M |
|
|
CELG
53
DELISTED
Celgene Corp
CELG
| $150M | 0.39% | 1,291,796 +75,000 | +6% | +$8.68M |
|
54
Manulife Financial
MFC
$52.2B
| $148M | 0.38% | 7,945,300 +356,300 | +5% | +$6.65M |
|
55
RTX Corp
RTX
$212B
| $146M | 0.38% | 1,317,221 -2,100 | -0.2% | -$233K |
|
56
United Parcel Service
UPS
$74.1B
| $143M | 0.37% | 1,474,577 +43,400 | +3% | +$4.21M |
|
57
American International
AIG
$45.1B
| $137M | 0.35% | 2,214,356 +81,800 | +4% | +$5.06M |
|
58
Southern Company
SO
$102B
| $136M | 0.35% | 3,241,124 -4,400 | -0.1% | -$184K |
|
59
Colgate-Palmolive
CL
$67.9B
| $134M | 0.35% | 2,043,272 -35,400 | -2% | -$2.32M |
|
60
Honeywell
HON
$139B
| $132M | 0.34% | 1,299,173 +55,600 | +4% | +$5.67M |
|
61
Simon Property Group
SPG
$59B
| $130M | 0.34% | 753,298 +198,000 | +36% | +$34.3M |
|
62
Kimberly-Clark
KMB
$42.8B
| $129M | 0.33% | 1,215,528 -15,800 | -1% | -$1.67M |
|
63
Accenture
ACN
$162B
| $128M | 0.33% | 1,321,017 +40,300 | +3% | +$3.9M |
|
64
eBay
EBAY
$41.4B
| $128M | 0.33% | 2,118,791 +303,600 | +17% | +$18.3M |
|
65
ConocoPhillips
COP
$124B
| $126M | 0.33% | 2,047,929 +108,100 | +6% | +$6.64M |
|
66
Mondelez International
MDLZ
$79.5B
| $126M | 0.33% | 3,053,189 +67,600 | +2% | +$2.78M |
|
67
Duke Energy
DUK
$95.3B
| $125M | 0.32% | 1,775,291 -16,600 | -0.9% | -$1.17M |
|
|
ESRX
68
DELISTED
Express Scripts Holding Company
ESRX
| $124M | 0.32% | 1,394,798 +42,100 | +3% | +$3.74M |
|
69
Nike
NKE
$114B
| $120M | 0.31% | 1,107,284 +65,300 | +6% | +$7.05M |
|
|
70
Brookfield
BN
$98.3B
| $119M | 0.31% | 3,400,050 +1,251,450 | +58% | +$43.9M |
|
71
Canadian Natural Resources
CNQ
$65.9B
| $119M | 0.31% | 4,362,600 +218,900 | +5% | +$5.97M |
|
|
WBA
72
DELISTED
Walgreens Boots Alliance
WBA
| $119M | 0.31% | 1,406,903 +78,600 | +6% | +$6.64M |
|
|
TWX
73
DELISTED
Time Warner Inc
TWX
| $117M | 0.3% | 1,340,008 +62,600 | +5% | +$5.47M |
|
74
Dominion Energy
D
$51.1B
| $117M | 0.3% | 1,744,237 -26,900 | -2% | -$1.8M |
|
|
GG
75
DELISTED
Goldcorp Inc
GG
| $117M | 0.3% | 7,147,000 -124,400 | -2% | -$2.03M |
|