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
|
$552M |
| 2 |
Comcast
CMCSA
|
$389M |
| 3 |
Microsoft
MSFT
|
$365M |
| 4 |
Amazon
AMZN
|
$274M |
| 5 |
Exxon Mobil
XOM
|
$262M |
Top Sells
| 1 |
Canadian National Railway
CNI
|
$89.7M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
$79.6M |
| 3 |
Suncor Energy
SU
|
$78.1M |
| 4 |
STJ
St Jude Medical
STJ
|
$63.5M |
| 5 |
TC Energy
TRP
|
$58.8M |
Sector Composition
| 1 | Technology | 16.63% |
| 2 | Healthcare | 15% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.47% |
| 5 | Industrials | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Netflix
NFLX
$513B
| $225M | 0.28% | 1,520,625 +326,500 | +27% | +$48.3M |
|
77
Danaher
DHR
$147B
| $220M | 0.27% | 2,569,144 +496,900 | +24% | +$42.5M |
|
78
Simon Property Group
SPG
$59B
| $219M | 0.27% | 1,275,798 +247,900 | +24% | +$42.6M |
|
79
ConocoPhillips
COP
$124B
| $219M | 0.27% | 4,390,099 +940,600 | +27% | +$46.9M |
|
80
Dominion Energy
D
$51.1B
| $219M | 0.27% | 2,820,737 +506,000 | +22% | +$39.3M |
|
81
Kimberly-Clark
KMB
$42.8B
| $218M | 0.27% | 1,657,528 +282,300 | +21% | +$37.2M |
|
82
Thermo Fisher Scientific
TMO
$186B
| $215M | 0.27% | 1,399,732 +301,600 | +27% | +$46.3M |
|
83
Biogen
BIIB
$19.4B
| $211M | 0.26% | 770,899 +160,600 | +26% | +$43.9M |
|
84
NVIDIA
NVDA
$4.25T
| $208M | 0.26% | 1,909,885 +419,800 | +28% | +$45.7M |
|
|
85
Suncor Energy
SU
$50.1B
| $207M | 0.26% | 6,743,512 -2,543,100 | -27% | -$78.1M |
|
86
EOG Resources
EOG
$68.2B
| $207M | 0.26% | 2,117,366 +441,400 | +26% | +$43.1M |
|
87
Kraft Heinz
KHC
$33.1B
| $200M | 0.25% | 2,201,163 +463,400 | +27% | +$42.1M |
|
88
Becton Dickinson
BDX
$55.3B
| $199M | 0.25% | 1,084,838 +174,800 | +19% | +$32.1M |
|
|
RAI
89
DELISTED
Reynolds American Inc
RAI
| $198M | 0.25% | 3,139,874 +652,100 | +26% | +$41.1M |
|
90
Stryker
SYK
$150B
| $198M | 0.25% | 1,502,071 +272,300 | +22% | +$35.8M |
|
91
Caterpillar
CAT
$196B
| $192M | 0.24% | 2,073,016 +445,900 | +27% | +$41.4M |
|
|
MON
92
DELISTED
Monsanto Co
MON
| $190M | 0.24% | 1,676,066 +341,400 | +26% | +$38.6M |
|
93
General Mills
GIS
$26.4B
| $189M | 0.24% | 3,206,616 +461,500 | +17% | +$27.2M |
|
94
Salesforce
CRM
$245B
| $189M | 0.23% | 2,285,972 +493,400 | +28% | +$40.7M |
|
|
AET
95
DELISTED
Aetna Inc
AET
| $188M | 0.23% | 1,472,338 +279,500 | +23% | +$35.7M |
|
96
Occidental Petroleum
OXY
$46.9B
| $184M | 0.23% | 2,907,043 +592,000 | +26% | +$37.5M |
|
97
American Tower
AMT
$95.5B
| $183M | 0.23% | 1,508,383 +323,300 | +27% | +$39.3M |
|
|
RTN
98
DELISTED
Raytheon Company
RTN
| $177M | 0.22% | 1,163,645 +223,900 | +24% | +$34.1M |
|
99
MetLife
MET
$54.1B
| $175M | 0.22% | 3,310,436 +708,900 | +27% | +$37.4M |
|
100
FedEx
FDX
$54.5B
| $175M | 0.22% | 894,468 +189,100 | +27% | +$36.9M |
|