Swiss National Bank

Swiss National Bank Portfolio holdings

AUM $167B
 

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.

This Quarter Return
+10.14%
1 Year Return
+24.69%
3 Year Return
+110.21%
5 Year Return
+190.84%
10 Year Return
+479.95%
AUM
$147B
AUM Growth
+$147B
Cap. Flow
-$10.5B
Cap. Flow %
-7.11%
Top 10 Hldgs %
27.87%
Holding
2,706
New
63
Increased
1,304
Reduced
972
Closed
106

Sector Composition

1 Technology 30.21%
2 Healthcare 13.75%
3 Consumer Discretionary 12.04%
4 Industrials 9.23%
5 Communication Services 8.18%
Name Market Value Portfolio Weight Shares or Principal Shares
Change %
Capital Flow
QCOM icon
51
Qualcomm
QCOM
$173B
$479M 0.33% 4,026,900 -421,900 -9% -$50.2M
UPS icon
52
United Parcel Service
UPS
$74.1B
$468M 0.32% 2,612,300 -284,000 -10% -$50.9M
INTU icon
53
Intuit
INTU
$186B
$464M 0.32% 1,013,200 -46,000 -4% -$21.1M
CAT icon
54
Caterpillar
CAT
$196B
$459M 0.31% 1,864,800 -200,500 -10% -$49.3M
COP icon
55
ConocoPhillips
COP
$124B
$453M 0.31% 4,376,915 -568,200 -11% -$58.9M
UNP icon
56
Union Pacific
UNP
$133B
$451M 0.31% 2,204,100 -235,900 -10% -$48.3M
AMAT icon
57
Applied Materials
AMAT
$128B
$441M 0.3% 3,052,200 -362,100 -11% -$52.3M
IBM icon
58
IBM
IBM
$227B
$438M 0.3% 3,276,100 -312,100 -9% -$41.8M
BA icon
59
Boeing
BA
$177B
$434M 0.29% 2,055,800 -191,100 -9% -$40.4M
ISRG icon
60
Intuitive Surgical
ISRG
$170B
$433M 0.29% 1,265,100 -137,300 -10% -$46.9M
GE icon
61
GE Aerospace
GE
$292B
$433M 0.29% 3,937,762 -398,600 -9% -$43.8M
AMGN icon
62
Amgen
AMGN
$155B
$428M 0.29% 1,929,433 -188,100 -9% -$41.8M
MDT icon
63
Medtronic
MDT
$119B
$423M 0.29% 4,804,966 -473,900 -9% -$41.8M
NOW icon
64
ServiceNow
NOW
$190B
$414M 0.28% 735,900 -67,300 -8% -$37.8M
DE icon
65
Deere & Co
DE
$130B
$412M 0.28% 1,016,600 -121,400 -11% -$49.2M
SBUX icon
66
Starbucks
SBUX
$100B
$411M 0.28% 4,150,900 -404,300 -9% -$40M
T icon
67
AT&T
T
$209B
$411M 0.28% 25,750,784 -2,533,500 -9% -$40.4M
PLD icon
68
Prologis
PLD
$106B
$409M 0.28% 3,335,208 -328,100 -9% -$40.2M
AXP icon
69
American Express
AXP
$231B
$398M 0.27% +2,282,879 New +$398M
ELV icon
70
Elevance Health
ELV
$71.8B
$381M 0.26% 856,900 -90,900 -10% -$40.4M
SYK icon
71
Stryker
SYK
$150B
$376M 0.26% 1,232,400 -119,200 -9% -$36.4M
BKNG icon
72
Booking.com
BKNG
$181B
$367M 0.25% 135,984 -17,900 -12% -$48.3M
MDLZ icon
73
Mondelez International
MDLZ
$79.5B
$359M 0.24% 4,923,224 -496,400 -9% -$36.2M
ADI icon
74
Analog Devices
ADI
$124B
$356M 0.24% 1,826,875 -194,300 -10% -$37.9M
TJX icon
75
TJX Companies
TJX
$152B
$353M 0.24% 4,162,700 -445,000 -10% -$37.7M