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 |
DXC Technology
DXC
|
$79.7M |
| 2 |
Dell
DELL
|
$68M |
| 3 |
RAI
Reynolds American Inc
RAI
|
$63M |
| 4 |
Microsoft
MSFT
|
$55.1M |
| 5 |
Altria Group
MO
|
$54.8M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
$149M |
| 2 |
BCR
CR Bard Inc.
BCR
|
$67.4M |
| 3 |
Xerox
XRX
|
$65.1M |
| 4 |
MJN
Mead Johnson Nutrition Company
MJN
|
$58.3M |
| 5 |
VAL
Valspar
VAL
|
$38.8M |
Sector Composition
| 1 | Technology | 16.86% |
| 2 | Healthcare | 15.56% |
| 3 | Consumer Discretionary | 10.99% |
| 4 | Communication Services | 10.48% |
| 5 | Industrials | 10.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
CVS Health
CVS
$92.8B
| $306M | 0.36% | 3,799,210 -27,200 | -0.7% | -$2.19M |
|
|
TWX
52
DELISTED
Time Warner Inc
TWX
| $301M | 0.36% | 2,996,408 +264,000 | +10% | +$26.5M |
|
53
Qualcomm
QCOM
$173B
| $298M | 0.35% | 5,396,665 +163,500 | +3% | +$9.03M |
|
|
AGN
54
DELISTED
Allergan plc
AGN
| $298M | 0.35% | 1,224,586 -104,500 | -8% | -$25.4M |
|
55
Charter Communications
CHTR
$36.3B
| $289M | 0.34% | 857,609 +90,400 | +12% | +$30.5M |
|
56
United Parcel Service
UPS
$74.1B
| $288M | 0.34% | 2,604,477 -192,400 | -7% | -$21.3M |
|
57
Nike
NKE
$114B
| $286M | 0.34% | 4,841,868 +107,400 | +2% | +$6.34M |
|
58
NVIDIA
NVDA
$4.25T
| $285M | 0.34% | 1,969,385 +59,500 | +3% | +$8.6M |
|
59
Texas Instruments
TXN
$184B
| $281M | 0.33% | 3,652,294 +110,800 | +3% | +$8.52M |
|
60
DuPont de Nemours
DD
$32.2B
| $280M | 0.33% | 4,433,082 +459,600 | +12% | +$29M |
|
61
Chubb
CB
$110B
| $273M | 0.32% | 1,876,720 +54,500 | +3% | +$7.92M |
|
62
Duke Energy
DUK
$95.3B
| $268M | 0.32% | 3,211,491 +117,800 | +4% | +$9.85M |
|
|
RAI
63
DELISTED
Reynolds American Inc
RAI
| $267M | 0.32% | 4,109,274 +969,400 | +31% | +$63M |
|
64
NextEra Energy, Inc.
NEE
$148B
| $267M | 0.32% | 1,904,824 +53,600 | +3% | +$7.51M |
|
|
DD
65
DELISTED
Du Pont De Nemours E I
DD
| $265M | 0.31% | 3,286,891 +79,300 | +2% | +$6.4M |
|
66
Costco
COST
$418B
| $264M | 0.31% | 1,653,308 +56,300 | +4% | +$9M |
|
|
WBA
67
DELISTED
Walgreens Boots Alliance
WBA
| $263M | 0.31% | 3,352,103 +89,400 | +3% | +$7M |
|
68
Colgate-Palmolive
CL
$67.9B
| $258M | 0.31% | 3,478,772 -188,300 | -5% | -$14M |
|
69
Adobe
ADBE
$151B
| $255M | 0.3% | 1,805,183 +43,300 | +2% | +$6.12M |
|
70
Thermo Fisher Scientific
TMO
$186B
| $252M | 0.3% | 1,443,332 +43,600 | +3% | +$7.61M |
|
71
Enbridge
ENB
$105B
| $251M | 0.3% | 6,294,294 -301,800 | -5% | -$12M |
|
72
Lowe's Companies
LOW
$145B
| $246M | 0.29% | 3,178,248 -37,900 | -1% | -$2.94M |
|
73
Mondelez International
MDLZ
$79.5B
| $241M | 0.29% | 5,577,877 -13,312 | -0.2% | -$575K |
|
74
Canadian National Railway
CNI
$60.4B
| $238M | 0.28% | 2,937,800 -168,600 | -5% | -$13.7M |
|
75
Stryker
SYK
$150B
| $235M | 0.28% | 1,694,571 +192,500 | +13% | +$26.7M |
|