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 |
Nutrien
NTR
|
$111M |
| 2 |
Fiserv
FI
|
$78.4M |
| 3 |
Aflac
AFL
|
$49.9M |
| 4 |
WP
Worldpay, Inc.
WP
|
$37.6M |
| 5 |
Becton Dickinson
BDX
|
$29.5M |
Top Sells
| 1 |
Apple
AAPL
|
$431M |
| 2 |
Microsoft
MSFT
|
$315M |
| 3 |
Amazon
AMZN
|
$278M |
| 4 |
Meta Platforms (Facebook)
META
|
$170M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$150M |
Sector Composition
| 1 | Technology | 19.03% |
| 2 | Healthcare | 14.49% |
| 3 | Consumer Discretionary | 11.53% |
| 4 | Industrials | 10.41% |
| 5 | Communication Services | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Stryker
SYK
$150B
| $220M | 0.27% | 1,368,271 -126,600 | -8% | -$20.4M |
|
|
MON
77
DELISTED
Monsanto Co
MON
| $208M | 0.25% | 1,783,266 -171,400 | -9% | -$20M |
|
78
Suncor Energy
SU
$50.1B
| $208M | 0.25% | 6,020,012 -384,900 | -6% | -$13.3M |
|
79
Intuitive Surgical
ISRG
$170B
| $207M | 0.25% | 502,546 -36,100 | -7% | -$14.9M |
|
80
CVS Health
CVS
$92.8B
| $205M | 0.25% | 3,299,510 -501,800 | -13% | -$31.2M |
|
81
Charter Communications
CHTR
$36.3B
| $204M | 0.25% | 655,609 -108,500 | -14% | -$33.8M |
|
82
Southern Company
SO
$102B
| $203M | 0.25% | 4,536,224 -308,400 | -6% | -$13.8M |
|
83
Automatic Data Processing
ADP
$123B
| $202M | 0.25% | 1,782,685 -174,300 | -9% | -$19.8M |
|
84
Crown Castle
CCI
$43.2B
| $200M | 0.24% | 1,825,549 -131,800 | -7% | -$14.4M |
|
85
Mondelez International
MDLZ
$79.5B
| $200M | 0.24% | 4,794,577 -769,900 | -14% | -$32.1M |
|
86
American Tower
AMT
$95.5B
| $200M | 0.24% | 1,375,883 -206,100 | -13% | -$30M |
|
87
NXP Semiconductors
NXPI
$59.2B
| $200M | 0.24% | 1,705,329 +209,800 | +14% | +$24.5M |
|
88
Canadian National Railway
CNI
$60.4B
| $198M | 0.24% | 2,713,100 -186,200 | -6% | -$13.6M |
|
89
Waste Management
WM
$91.2B
| $198M | 0.24% | 2,350,303 -116,500 | -5% | -$9.8M |
|
90
Elevance Health
ELV
$71.8B
| $197M | 0.24% | 896,041 -137,300 | -13% | -$30.2M |
|
91
FedEx
FDX
$54.5B
| $196M | 0.24% | 817,268 -122,600 | -13% | -$29.4M |
|
|
AET
92
DELISTED
Aetna Inc
AET
| $196M | 0.24% | 1,157,638 -157,500 | -12% | -$26.6M |
|
93
EOG Resources
EOG
$68.2B
| $195M | 0.24% | 1,855,066 -275,000 | -13% | -$28.9M |
|
94
Micron Technology
MU
$133B
| $193M | 0.24% | 3,700,103 -200,900 | -5% | -$10.5M |
|
95
Newmont
NEM
$81.7B
| $190M | 0.23% | 4,871,232 +120,200 | +3% | +$4.7M |
|
96
Applied Materials
AMAT
$128B
| $190M | 0.23% | 3,421,722 -515,000 | -13% | -$28.6M |
|
97
Enbridge
ENB
$105B
| $189M | 0.23% | 6,015,594 -335,800 | -5% | -$10.5M |
|
98
Biogen
BIIB
$19.4B
| $186M | 0.23% | 678,499 -102,400 | -13% | -$28M |
|
99
Dominion Energy
D
$51.1B
| $185M | 0.23% | 2,746,337 -225,000 | -8% | -$15.2M |
|
|
AGN
100
DELISTED
Allergan plc
AGN
| $180M | 0.22% | 1,067,686 -166,600 | -13% | -$28M |
|