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
|
$552M |
| 2 |
Comcast
CMCSA
|
$389M |
| 3 |
Microsoft
MSFT
|
$365M |
| 4 |
Amazon
AMZN
|
$274M |
| 5 |
Exxon Mobil
XOM
|
$262M |
Top Sells
| 1 |
Canadian National Railway
CNI
|
$89.7M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
$79.6M |
| 3 |
Suncor Energy
SU
|
$78.1M |
| 4 |
STJ
St Jude Medical
STJ
|
$63.5M |
| 5 |
TC Energy
TRP
|
$58.8M |
Sector Composition
| 1 | Technology | 16.63% |
| 2 | Healthcare | 15% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.47% |
| 5 | Industrials | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
United Parcel Service
UPS
$74.1B
| $300M | 0.37% | 2,796,877 +537,300 | +24% | +$57.7M |
|
52
Qualcomm
QCOM
$173B
| $300M | 0.37% | 5,233,165 +1,128,700 | +27% | +$64.7M |
|
53
Abbott
ABT
$231B
| $290M | 0.36% | 6,528,788 +2,035,170 | +45% | +$90.4M |
|
54
Texas Instruments
TXN
$184B
| $285M | 0.36% | 3,541,494 +747,300 | +27% | +$60.2M |
|
55
Alibaba
BABA
$322B
| $281M | 0.35% | 2,609,043 +289,800 | +12% | +$31.2M |
|
56
Enbridge
ENB
$105B
| $276M | 0.34% | 6,596,094 +1,383,594 | +27% | +$58M |
|
|
WBA
57
DELISTED
Walgreens Boots Alliance
WBA
| $271M | 0.34% | 3,262,703 +700,400 | +27% | +$58.2M |
|
58
Colgate-Palmolive
CL
$67.9B
| $268M | 0.33% | 3,667,072 +666,400 | +22% | +$48.8M |
|
59
Costco
COST
$418B
| $268M | 0.33% | 1,597,008 +331,400 | +26% | +$55.6M |
|
|
TWX
60
DELISTED
Time Warner Inc
TWX
| $267M | 0.33% | 2,732,408 +565,900 | +26% | +$55.3M |
|
61
Lowe's Companies
LOW
$145B
| $264M | 0.33% | 3,216,148 +631,300 | +24% | +$51.9M |
|
62
Nike
NKE
$114B
| $264M | 0.33% | 4,734,468 +978,100 | +26% | +$54.5M |
|
|
DD
63
DELISTED
Du Pont De Nemours E I
DD
| $258M | 0.32% | 3,207,591 +651,900 | +26% | +$52.4M |
|
64
Duke Energy
DUK
$95.3B
| $254M | 0.32% | 3,093,691 +555,000 | +22% | +$45.5M |
|
65
DuPont de Nemours
DD
$32.2B
| $252M | 0.31% | 3,973,482 +835,000 | +27% | +$53.1M |
|
66
Charter Communications
CHTR
$36.3B
| $251M | 0.31% | 767,209 +163,600 | +27% | +$53.5M |
|
67
Chubb
CB
$110B
| $248M | 0.31% | 1,822,220 +364,000 | +25% | +$49.6M |
|
68
Southern Company
SO
$102B
| $248M | 0.31% | 4,978,424 +841,100 | +20% | +$41.9M |
|
69
Automatic Data Processing
ADP
$123B
| $245M | 0.3% | 2,391,985 +353,200 | +17% | +$36.2M |
|
70
Mondelez International
MDLZ
$79.5B
| $241M | 0.3% | 5,591,189 +1,146,100 | +26% | +$49.4M |
|
71
NextEra Energy, Inc.
NEE
$148B
| $238M | 0.3% | 1,851,224 +382,800 | +26% | +$49.1M |
|
|
72
Canadian National Railway
CNI
$60.4B
| $229M | 0.29% | 3,106,400 -1,215,600 | -28% | -$89.7M |
|
73
Adobe
ADBE
$151B
| $229M | 0.29% | 1,761,883 +374,000 | +27% | +$48.7M |
|
74
TJX Companies
TJX
$152B
| $229M | 0.28% | 2,890,021 +498,100 | +21% | +$39.4M |
|
75
American International
AIG
$45.1B
| $227M | 0.28% | 3,639,456 +629,400 | +21% | +$39.3M |
|