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 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$725M |
| 3 |
Apple
AAPL
|
$628M |
| 4 |
Amazon
AMZN
|
$487M |
| 5 |
Meta Platforms (Facebook)
META
|
$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
$121M |
| 2 |
KE Holdings
BEKE
|
$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
$24.4M |
| 4 |
X
US Steel
X
|
$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
51
Adobe
ADBE
$151B
| $499M | 0.3% | 1,290,200 +62,500 | +5% | +$24.2M |
|
52
Boston Scientific
BSX
$156B
| $481M | 0.29% | 4,477,200 +320,400 | +8% | +$34.4M |
|
53
Boeing
BA
$177B
| $477M | 0.29% | 2,277,700 +167,500 | +8% | +$35.1M |
|
54
Progressive
PGR
$145B
| $474M | 0.28% | 1,774,600 +122,400 | +7% | +$32.7M |
|
55
Thermo Fisher Scientific
TMO
$186B
| $463M | 0.28% | 1,142,700 +64,000 | +6% | +$25.9M |
|
56
Honeywell
HON
$139B
| $457M | 0.27% | 1,963,900 +129,900 | +7% | +$30.3M |
|
57
Amgen
AMGN
$155B
| $454M | 0.27% | 1,627,533 +111,500 | +7% | +$31.1M |
|
58
Applied Materials
AMAT
$128B
| $450M | 0.27% | 2,459,400 +164,500 | +7% | +$30.1M |
|
59
GE Vernova
GEV
$167B
| $438M | 0.26% | 827,465 +50,100 | +6% | +$26.5M |
|
60
NextEra Energy, Inc.
NEE
$148B
| $433M | 0.26% | 6,231,500 +431,400 | +7% | +$29.9M |
|
61
Shopify
SHOP
$184B
| $425M | 0.25% | 3,700,900 +249,200 | +7% | +$28.6M |
|
62
Eaton
ETN
$136B
| $423M | 0.25% | 1,185,900 +71,300 | +6% | +$25.5M |
|
63
Gilead Sciences
GILD
$140B
| $418M | 0.25% | 3,773,700 +258,700 | +7% | +$28.7M |
|
64
TJX Companies
TJX
$152B
| $418M | 0.25% | 3,381,700 +211,100 | +7% | +$26.1M |
|
65
Union Pacific
UNP
$133B
| $417M | 0.25% | 1,814,300 +104,400 | +6% | +$24M |
|
66
Micron Technology
MU
$133B
| $417M | 0.25% | 3,383,100 +240,600 | +8% | +$29.7M |
|
67
Pfizer
PFE
$141B
| $416M | 0.25% | 17,168,012 +1,185,000 | +7% | +$28.7M |
|
68
Capital One
COF
$145B
| $412M | 0.25% | 1,935,516 +860,416 | +80% | +$183M |
|
69
Stryker
SYK
$150B
| $411M | 0.25% | 1,039,900 +72,300 | +7% | +$28.6M |
|
70
Palo Alto Networks
PANW
$127B
| $410M | 0.25% | 2,004,200 +153,500 | +8% | +$31.4M |
|
71
Comcast
CMCSA
$125B
| $407M | 0.24% | 11,417,100 +651,500 | +6% | +$23.3M |
|
72
Deere & Co
DE
$129B
| $397M | 0.24% | 780,600 +51,000 | +7% | +$25.9M |
|
73
Danaher
DHR
$147B
| $385M | 0.23% | 1,949,208 +115,900 | +6% | +$22.9M |
|
74
CrowdStrike
CRWD
$106B
| $382M | 0.23% | 750,300 +55,700 | +8% | +$28.4M |
|
75
Automatic Data Processing
ADP
$123B
| $380M | 0.23% | 1,231,600 +82,500 | +7% | +$25.4M |
|