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 |
RTX Corp
RTX
|
$173M |
| 2 |
Alibaba
BABA
|
$138M |
| 3 |
AbbVie
ABBV
|
$122M |
| 4 |
Edwards Lifesciences
EW
|
$115M |
| 5 |
Zoom
ZM
|
$109M |
Top Sells
| 1 |
AGN
Allergan plc
AGN
|
$226M |
| 2 |
RTN
Raytheon Company
RTN
|
$145M |
| 3 |
Newmont
NEM
|
$52.9M |
| 4 |
WBC
WABCO HOLDINGS INC.
WBC
|
$51.2M |
| 5 |
ACB
Aurora Cannabis
ACB
|
$49.5M |
Sector Composition
| 1 | Technology | 25.6% |
| 2 | Healthcare | 15.16% |
| 3 | Consumer Discretionary | 12.49% |
| 4 | Communication Services | 10.4% |
| 5 | Industrials | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Union Pacific
UNP
$133B
| $462M | 0.39% | 2,729,710 +35,600 | +1% | +$6.02M |
|
52
IBM
IBM
$227B
| $454M | 0.38% | 3,756,915 +63,300 | +2% | +$7.64M |
|
53
Philip Morris
PM
$260B
| $446M | 0.38% | 6,365,818 +103,200 | +2% | +$7.23M |
|
54
Gilead Sciences
GILD
$140B
| $442M | 0.37% | 5,747,923 +657,100 | +13% | +$50.6M |
|
55
Shopify
SHOP
$184B
| $420M | 0.36% | 445,400 +38,800 | +10% | +$36.6M |
|
56
Qualcomm
QCOM
$173B
| $412M | 0.35% | 4,520,607 +89,200 | +2% | +$8.14M |
|
57
Lowe's Companies
LOW
$145B
| $410M | 0.35% | 3,031,503 +50,800 | +2% | +$6.86M |
|
58
Honeywell
HON
$139B
| $407M | 0.34% | 2,818,134 +45,000 | +2% | +$6.51M |
|
59
Boeing
BA
$177B
| $388M | 0.33% | 2,115,738 +40,800 | +2% | +$7.48M |
|
60
Fidelity National Information Services
FIS
$36.5B
| $386M | 0.33% | 2,882,219 +27,600 | +1% | +$3.7M |
|
61
Starbucks
SBUX
$100B
| $385M | 0.33% | 5,229,227 +26,000 | +0.5% | +$1.91M |
|
|
62
Newmont
NEM
$81.7B
| $374M | 0.32% | 6,062,958 -857,300 | -12% | -$52.9M |
|
|
63
RTX Corp
RTX
$212B
| $369M | 0.31% | 5,993,780 +2,811,472 | +88% | +$173M |
|
64
3M
MMM
$82.8B
| $355M | 0.3% | 2,276,476 +44,600 | +2% | +$6.96M |
|
65
Crown Castle
CCI
$43.2B
| $347M | 0.29% | 2,072,771 +7,000 | +0.3% | +$1.17M |
|
66
Vertex Pharmaceuticals
VRTX
$100B
| $344M | 0.29% | 1,185,775 +149,700 | +14% | +$43.5M |
|
67
CVS Health
CVS
$92.8B
| $335M | 0.28% | 5,157,901 +109,000 | +2% | +$7.08M |
|
68
Intuit
INTU
$186B
| $325M | 0.27% | 1,096,039 +16,200 | +2% | +$4.8M |
|
69
Dominion Energy
D
$51.1B
| $324M | 0.27% | 3,991,636 +82,300 | +2% | +$6.68M |
|
70
Altria Group
MO
$113B
| $321M | 0.27% | 8,169,250 +54,100 | +0.7% | +$2.12M |
|
71
Charter Communications
CHTR
$36.3B
| $313M | 0.26% | 612,871 -3,800 | -0.6% | -$1.94M |
|
72
United Parcel Service
UPS
$74.1B
| $309M | 0.26% | 2,776,604 +57,000 | +2% | +$6.34M |
|
73
ServiceNow
NOW
$190B
| $304M | 0.26% | 750,684 +18,900 | +3% | +$7.66M |
|
74
Automatic Data Processing
ADP
$123B
| $303M | 0.26% | 2,035,598 +10,700 | +0.5% | +$1.59M |
|
75
Regeneron Pharmaceuticals
REGN
$61.5B
| $299M | 0.25% | 479,622 +165,400 | +53% | +$103M |
|