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 |
Intuitive Surgical
ISRG
|
$121M |
| 2 |
Amphenol
APH
|
$42.2M |
| 3 |
United Parcel Service
UPS
|
$35.2M |
| 4 |
Cognex
CGNX
|
$30.2M |
| 5 |
Progressive
PGR
|
$28M |
Top Sells
| 1 |
BCR
CR Bard Inc.
BCR
|
$90.4M |
| 2 |
Dell
DELL
|
$68.1M |
| 3 |
LVLT
Level 3 Communications Inc
LVLT
|
$64.9M |
| 4 |
AT&T
T
|
$39.3M |
| 5 |
Automatic Data Processing
ADP
|
$36.8M |
Sector Composition
| 1 | Technology | 18.09% |
| 2 | Healthcare | 14.62% |
| 3 | Consumer Discretionary | 11.07% |
| 4 | Communication Services | 10.58% |
| 5 | Industrials | 10.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
WBA
76
DELISTED
Walgreens Boots Alliance
WBA
| $244M | 0.26% | 3,358,203 -29,000 | -0.9% | -$2.11M |
|
77
Dominion Energy
D
$51.1B
| $241M | 0.26% | 2,971,337 +75,900 | +3% | +$6.15M |
|
78
Canadian National Railway
CNI
$60.4B
| $239M | 0.26% | 2,899,300 -17,600 | -0.6% | -$1.45M |
|
79
Mondelez International
MDLZ
$79.5B
| $238M | 0.26% | 5,564,477 -33,900 | -0.6% | -$1.45M |
|
|
AET
80
DELISTED
Aetna Inc
AET
| $237M | 0.26% | 1,315,138 -123,400 | -9% | -$22.3M |
|
81
Becton Dickinson
BDX
$55.3B
| $237M | 0.26% | 1,105,638 -83,000 | -7% | -$17.8M |
|
82
Suncor Energy
SU
$50.1B
| $235M | 0.25% | 6,404,912 -34,900 | -0.5% | -$1.28M |
|
83
FedEx
FDX
$54.5B
| $235M | 0.25% | 939,868 +3,500 | +0.4% | +$873K |
|
84
Southern Company
SO
$102B
| $233M | 0.25% | 4,844,624 +64,200 | +1% | +$3.09M |
|
85
Elevance Health
ELV
$71.8B
| $233M | 0.25% | 1,033,341 -4,700 | -0.5% | -$1.06M |
|
|
RTN
86
DELISTED
Raytheon Company
RTN
| $232M | 0.25% | 1,236,445 +38,100 | +3% | +$7.16M |
|
87
Stryker
SYK
$150B
| $231M | 0.25% | 1,494,871 -217,000 | -13% | -$33.6M |
|
88
Northrop Grumman
NOC
$84.5B
| $231M | 0.25% | 752,184 +49,300 | +7% | +$15.1M |
|
89
EOG Resources
EOG
$68.2B
| $230M | 0.25% | 2,130,066 -73,900 | -3% | -$7.97M |
|
|
90
Automatic Data Processing
ADP
$123B
| $229M | 0.25% | 1,956,985 -314,200 | -14% | -$36.8M |
|
|
MON
91
DELISTED
Monsanto Co
MON
| $228M | 0.25% | 1,954,666 +49,700 | +3% | +$5.8M |
|
92
TJX Companies
TJX
$152B
| $226M | 0.24% | 2,961,521 -2,000 | -0.1% | -$153K |
|
93
American Tower
AMT
$95.5B
| $226M | 0.24% | 1,581,983 +14,200 | +0.9% | +$2.03M |
|
94
Crown Castle
CCI
$43.2B
| $217M | 0.23% | 1,957,349 +31,400 | +2% | +$3.49M |
|
95
Occidental Petroleum
OXY
$46.9B
| $213M | 0.23% | 2,898,443 +6,400 | +0.2% | +$471K |
|
96
Waste Management
WM
$91.2B
| $213M | 0.23% | 2,466,803 +28,100 | +1% | +$2.43M |
|
97
Cigna
CI
$80.3B
| $203M | 0.22% | 1,000,174 -11,200 | -1% | -$2.27M |
|
|
AGN
98
DELISTED
Allergan plc
AGN
| $202M | 0.22% | 1,234,286 -3,900 | -0.3% | -$638K |
|
99
Applied Materials
AMAT
$128B
| $201M | 0.22% | 3,936,722 -26,000 | -0.7% | -$1.33M |
|
100
American International
AIG
$45.1B
| $199M | 0.21% | 3,332,756 -113,600 | -3% | -$6.77M |
|