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 |
Apple
AAPL
|
$100M |
| 2 |
AT&T
T
|
$83.3M |
| 3 |
Kraft Heinz
KHC
|
$75M |
| 4 |
PayPal
PYPL
|
$71.6M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$68.8M |
Top Sells
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$80.8M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$73.8M |
| 3 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
$50.9M |
| 4 |
FDO
FAMILY DOLLAR STORES
FDO
|
$27.9M |
| 5 |
HSP
HOSPIRA INC
HSP
|
$24.5M |
Sector Composition
| 1 | Healthcare | 15.62% |
| 2 | Technology | 14.41% |
| 3 | Industrials | 10.57% |
| 4 | Consumer Discretionary | 10.32% |
| 5 | Consumer Staples | 9.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Consolidated Edison
ED
$35.4B
| $114M | 0.29% | 1,698,471 +52,800 | +3% | +$3.53M |
|
77
Costco
COST
$418B
| $113M | 0.29% | 785,008 +74,300 | +10% | +$10.7M |
|
78
Target
TGT
$43.6B
| $113M | 0.29% | 1,432,011 +102,600 | +8% | +$8.07M |
|
79
ConocoPhillips
COP
$124B
| $108M | 0.28% | 2,261,229 +213,300 | +10% | +$10.2M |
|
80
TJX Companies
TJX
$152B
| $108M | 0.28% | 1,508,521 +113,500 | +8% | +$8.11M |
|
81
AutoZone
AZO
$70.2B
| $107M | 0.27% | 147,691 +5,000 | +4% | +$3.62M |
|
|
TWX
82
DELISTED
Time Warner Inc
TWX
| $101M | 0.26% | 1,471,508 +131,500 | +10% | +$9.04M |
|
83
TC Energy
TRP
$54.1B
| $99.1M | 0.25% | 3,142,800 +300,400 | +11% | +$9.47M |
|
84
Canadian Pacific Kansas City
CP
$69.9B
| $98.6M | 0.25% | 689,300 +64,400 | +10% | +$9.22M |
|
|
GG
85
DELISTED
Goldcorp Inc
GG
| $96.2M | 0.25% | 7,693,500 +546,500 | +8% | +$6.83M |
|
86
AvalonBay Communities
AVB
$27.9B
| $95.5M | 0.25% | 546,280 +23,500 | +4% | +$4.11M |
|
87
NextEra Energy, Inc.
NEE
$148B
| $95M | 0.24% | 974,124 +77,400 | +9% | +$7.55M |
|
88
Canadian Natural Resources
CNQ
$65.9B
| $94M | 0.24% | 4,839,800 +477,200 | +11% | +$9.27M |
|
89
Danaher
DHR
$147B
| $93.3M | 0.24% | 1,094,644 +70,200 | +7% | +$5.98M |
|
90
Equity Residential
EQR
$25.3B
| $92.8M | 0.24% | 1,235,220 +63,200 | +5% | +$4.75M |
|
91
Texas Instruments
TXN
$184B
| $91.9M | 0.24% | 1,856,494 +167,000 | +10% | +$8.27M |
|
92
Becton Dickinson
BDX
$55.3B
| $91.9M | 0.24% | 692,438 +36,500 | +6% | +$4.84M |
|
93
Paychex
PAYX
$50.2B
| $91.7M | 0.24% | 1,925,903 +59,300 | +3% | +$2.82M |
|
94
Kinder Morgan
KMI
$60B
| $91M | 0.23% | 3,288,669 +367,500 | +13% | +$10.2M |
|
95
Occidental Petroleum
OXY
$46.9B
| $90.7M | 0.23% | 1,370,743 +127,500 | +10% | +$8.43M |
|
|
TWC
96
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $90.5M | 0.23% | 504,489 +51,200 | +11% | +$9.18M |
|
97
Ford
F
$46.8B
| $89.8M | 0.23% | 6,619,235 +664,400 | +11% | +$9.02M |
|
|
RAI
98
DELISTED
Reynolds American Inc
RAI
| $88.7M | 0.23% | 2,003,774 +1,074,637 | +116% | +$47.6M |
|
99
Sun Life Financial
SLF
$32.8B
| $87.8M | 0.23% | 2,730,800 +272,300 | +11% | +$8.76M |
|
100
McKesson
MCK
$85.4B
| $87.3M | 0.22% | 471,691 +37,800 | +9% | +$6.99M |
|