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 |
Amphenol
APH
|
$115M |
| 2 |
Microsoft
MSFT
|
$112M |
| 3 |
Ferguson
FERG
|
$104M |
| 4 |
Amazon
AMZN
|
$101M |
| 5 |
Apple
AAPL
|
$98.3M |
Top Sells
| 1 |
TIF
Tiffany & Co.
TIF
|
$96.7M |
| 2 |
DuPont de Nemours
DD
|
$52.5M |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
$43.4M |
| 4 |
AvalonBay Communities
AVB
|
$38.1M |
| 5 |
Equity Residential
EQR
|
$22.8M |
Sector Composition
| 1 | Technology | 25.7% |
| 2 | Healthcare | 14.14% |
| 3 | Consumer Discretionary | 13.72% |
| 4 | Communication Services | 10.9% |
| 5 | Industrials | 9.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Oracle
ORCL
$635B
| $560M | 0.37% | 7,976,863 -1,100 | -0% | -$77.2K |
|
52
Starbucks
SBUX
$100B
| $560M | 0.37% | 5,120,827 +105,800 | +2% | +$11.6M |
|
53
Bristol-Myers Squibb
BMY
$96B
| $556M | 0.37% | 8,803,888 +180,500 | +2% | +$11.4M |
|
54
Philip Morris
PM
$260B
| $551M | 0.37% | 6,208,818 +111,100 | +2% | +$9.86M |
|
55
Lowe's Companies
LOW
$145B
| $536M | 0.36% | 2,817,803 -35,900 | -1% | -$6.83M |
|
56
Boeing
BA
$177B
| $525M | 0.35% | 2,062,538 +37,700 | +2% | +$9.6M |
|
57
Shopify
SHOP
$184B
| $492M | 0.33% | 446,200 +12,600 | +3% | +$13.9M |
|
58
IBM
IBM
$227B
| $490M | 0.33% | 3,678,215 +66,400 | +2% | +$8.85M |
|
59
Caterpillar
CAT
$196B
| $484M | 0.32% | 2,089,242 +44,400 | +2% | +$10.3M |
|
60
Applied Materials
AMAT
$128B
| $469M | 0.31% | 3,512,135 +63,500 | +2% | +$8.48M |
|
61
United Parcel Service
UPS
$74.1B
| $468M | 0.31% | 2,750,504 +80,600 | +3% | +$13.7M |
|
62
RTX Corp
RTX
$212B
| $451M | 0.3% | 5,840,480 +72,100 | +1% | +$5.57M |
|
63
GE Aerospace
GE
$292B
| $442M | 0.29% | 33,688,624 +635,700 | +2% | +$8.35M |
|
64
Deere & Co
DE
$130B
| $428M | 0.29% | 1,144,882 +20,700 | +2% | +$7.74M |
|
65
3M
MMM
$82.8B
| $427M | 0.29% | 2,218,276 +43,200 | +2% | +$8.32M |
|
66
American Tower
AMT
$95.5B
| $424M | 0.28% | 1,774,275 +34,200 | +2% | +$8.18M |
|
67
Intuit
INTU
$186B
| $413M | 0.28% | 1,078,539 +26,600 | +3% | +$10.2M |
|
68
Gilead Sciences
GILD
$140B
| $413M | 0.28% | 6,392,223 +103,300 | +2% | +$6.68M |
|
69
Fidelity National Information Services
FIS
$36.5B
| $400M | 0.27% | 2,846,019 +50,700 | +2% | +$7.13M |
|
70
Target
TGT
$43.6B
| $385M | 0.26% | 1,944,769 +35,600 | +2% | +$7.05M |
|
71
Altria Group
MO
$113B
| $383M | 0.26% | 7,493,350 +133,200 | +2% | +$6.81M |
|
72
CVS Health
CVS
$92.8B
| $379M | 0.25% | 5,033,701 +92,000 | +2% | +$6.92M |
|
73
Micron Technology
MU
$133B
| $378M | 0.25% | 4,281,272 +86,000 | +2% | +$7.59M |
|
74
ServiceNow
NOW
$190B
| $375M | 0.25% | 750,184 +25,900 | +4% | +$13M |
|
75
Automatic Data Processing
ADP
$123B
| $375M | 0.25% | 1,987,698 +29,100 | +1% | +$5.48M |
|