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 |
AT&T
T
|
$156M |
| 2 |
Amazon
AMZN
|
$78.9M |
| 3 |
Evergy
EVRG
|
$76M |
| 4 |
Microsoft
MSFT
|
$66.4M |
| 5 |
Apple
AAPL
|
$56.4M |
Top Sells
| 1 |
TWX
Time Warner Inc
TWX
|
$257M |
| 2 |
MON
Monsanto Co
MON
|
$208M |
| 3 |
WR
Westar Energy Inc
WR
|
$47.7M |
| 4 |
Intuitive Surgical
ISRG
|
$24.4M |
| 5 |
Charter Communications
CHTR
|
$17.2M |
Sector Composition
| 1 | Technology | 19.23% |
| 2 | Healthcare | 14.51% |
| 3 | Consumer Discretionary | 11.78% |
| 4 | Communication Services | 10.47% |
| 5 | Industrials | 9.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
RTN
76
DELISTED
Raytheon Company
RTN
| $221M | 0.25% | 1,142,645 +27,800 | +2% | +$5.37M |
|
77
Enbridge
ENB
$105B
| $219M | 0.25% | 6,153,094 +137,500 | +2% | +$4.9M |
|
78
Canadian National Railway
CNI
$60.4B
| $219M | 0.25% | 2,688,900 -24,200 | -0.9% | -$1.97M |
|
79
CVS Health
CVS
$92.8B
| $219M | 0.25% | 3,406,010 +106,500 | +3% | +$6.85M |
|
|
AET
80
DELISTED
Aetna Inc
AET
| $219M | 0.25% | 1,191,638 +34,000 | +3% | +$6.24M |
|
81
Elevance Health
ELV
$71.8B
| $219M | 0.25% | 918,241 +22,200 | +2% | +$5.28M |
|
82
Northrop Grumman
NOC
$84.5B
| $218M | 0.25% | 708,684 +17,100 | +2% | +$5.26M |
|
83
Southern Company
SO
$102B
| $217M | 0.25% | 4,691,024 +154,800 | +3% | +$7.17M |
|
|
84
Intuitive Surgical
ISRG
$170B
| $216M | 0.25% | 451,546 -51,000 | -10% | -$24.4M |
|
85
Colgate-Palmolive
CL
$67.9B
| $210M | 0.24% | 3,245,472 +76,000 | +2% | +$4.93M |
|
86
American Tower
AMT
$95.5B
| $210M | 0.24% | 1,457,583 +81,700 | +6% | +$11.8M |
|
87
Biogen
BIIB
$19.4B
| $203M | 0.23% | 699,699 +21,200 | +3% | +$6.15M |
|
88
Mondelez International
MDLZ
$79.5B
| $202M | 0.23% | 4,917,777 +123,200 | +3% | +$5.05M |
|
89
Crown Castle
CCI
$43.2B
| $202M | 0.23% | 1,869,549 +44,000 | +2% | +$4.74M |
|
90
NXP Semiconductors
NXPI
$59.2B
| $201M | 0.23% | 1,838,729 +133,400 | +8% | +$14.6M |
|
91
Micron Technology
MU
$133B
| $200M | 0.23% | 3,822,903 +122,800 | +3% | +$6.44M |
|
|
CELG
92
DELISTED
Celgene Corp
CELG
| $198M | 0.23% | 2,486,896 -39,100 | -2% | -$3.11M |
|
93
Waste Management
WM
$91.2B
| $195M | 0.22% | 2,397,103 +46,800 | +2% | +$3.81M |
|
94
Dominion Energy
D
$51.1B
| $194M | 0.22% | 2,839,137 +92,800 | +3% | +$6.33M |
|
95
FedEx
FDX
$54.5B
| $191M | 0.22% | 841,168 +23,900 | +3% | +$5.43M |
|
96
Intuit
INTU
$186B
| $189M | 0.22% | 922,773 +25,100 | +3% | +$5.13M |
|
97
Simon Property Group
SPG
$59B
| $185M | 0.21% | 1,085,698 +88,400 | +9% | +$15M |
|
|
AGN
98
DELISTED
Allergan plc
AGN
| $182M | 0.21% | 1,092,386 +24,700 | +2% | +$4.12M |
|
|
ATVI
99
DELISTED
Activision Blizzard Inc.
ATVI
| $182M | 0.21% | 2,382,734 +78,200 | +3% | +$5.97M |
|
100
CSX Corp
CSX
$60.6B
| $178M | 0.2% | 2,787,620 +63,600 | +2% | +$4.06M |
|