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 |
Visa
V
|
$55.5M |
| 2 |
Strategy Inc Common Stock Class A
MSTR
|
$35.4M |
| 3 |
International Paper
IP
|
$25.3M |
| 4 |
DoorDash
DASH
|
$21.9M |
| 5 |
Natera
NTRA
|
$17.1M |
Top Sells
| 1 |
Chevron
CVX
|
$712M |
| 2 |
Apple
AAPL
|
$120M |
| 3 |
Interactive Brokers
IBKR
|
$38.1M |
| 4 |
Globalstar
GSAT
|
$28.9M |
| 5 |
NVIDIA
NVDA
|
$24.4M |
Sector Composition
| 1 | Technology | 31.47% |
| 2 | Healthcare | 11.82% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Communication Services | 9.55% |
| 5 | Industrials | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Caterpillar
CAT
$196B
| $449M | 0.32% | 1,361,600 -8,200 | -0.6% | -$2.7M |
|
52
Booking.com
BKNG
$181B
| $430M | 0.3% | 93,384 -1,400 | -1% | -$6.45M |
|
53
American Express
AXP
$231B
| $428M | 0.3% | 1,589,379 -17,200 | -1% | -$4.63M |
|
54
Boston Scientific
BSX
$156B
| $419M | 0.3% | 4,156,800 -3,400 | -0.1% | -$343K |
|
55
NextEra Energy, Inc.
NEE
$148B
| $411M | 0.29% | 5,800,100 -6,200 | -0.1% | -$440K |
|
56
Pfizer
PFE
$141B
| $405M | 0.29% | 15,983,012 -25,300 | -0.2% | -$641K |
|
57
Union Pacific
UNP
$133B
| $404M | 0.29% | 1,709,900 -11,100 | -0.6% | -$2.62M |
|
58
Comcast
CMCSA
$125B
| $397M | 0.28% | 10,765,600 -147,400 | -1% | -$5.44M |
|
59
Gilead Sciences
GILD
$140B
| $394M | 0.28% | 3,515,000 -2,000 | -0.1% | -$224K |
|
60
T-Mobile US
TMUS
$284B
| $393M | 0.28% | 1,472,902 -10,300 | -0.7% | -$2.75M |
|
61
Uber
UBER
$196B
| $389M | 0.28% | 5,345,000 +3,400 | +0.1% | +$248K |
|
62
Honeywell
HON
$139B
| $388M | 0.27% | 1,834,000 -1,300 | -0.1% | -$275K |
|
63
TJX Companies
TJX
$152B
| $386M | 0.27% | 3,170,600 -15,600 | -0.5% | -$1.9M |
|
64
ConocoPhillips
COP
$124B
| $383M | 0.27% | 3,648,370 -35,000 | -1% | -$3.68M |
|
65
Danaher
DHR
$147B
| $376M | 0.27% | 1,833,308 -2,900 | -0.2% | -$595K |
|
66
Lowe's Companies
LOW
$145B
| $371M | 0.26% | 1,592,500 -10,100 | -0.6% | -$2.36M |
|
67
Stryker
SYK
$150B
| $360M | 0.25% | 967,600 -1,200 | -0.1% | -$447K |
|
68
Boeing
BA
$177B
| $360M | 0.25% | 2,110,200 +51,700 | +3% | +$8.82M |
|
69
Fiserv
FI
$75.1B
| $354M | 0.25% | 1,604,586 -21,800 | -1% | -$4.81M |
|
70
Vertex Pharmaceuticals
VRTX
$100B
| $352M | 0.25% | 726,200 -3,000 | -0.4% | -$1.45M |
|
71
Automatic Data Processing
ADP
$123B
| $351M | 0.25% | 1,149,100 -3,000 | -0.3% | -$917K |
|
72
Bristol-Myers Squibb
BMY
$96B
| $349M | 0.25% | 5,720,500 -6,900 | -0.1% | -$421K |
|
73
Deere & Co
DE
$129B
| $342M | 0.24% | 729,600 -4,600 | -0.6% | -$2.16M |
|
74
Marsh & McLennan
MMC
$101B
| $338M | 0.24% | 1,385,100 -4,200 | -0.3% | -$1.02M |
|
75
Applied Materials
AMAT
$128B
| $333M | 0.24% | 2,294,900 -34,000 | -1% | -$4.93M |
|