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 |
Williams Companies
WMB
|
$30.6M |
| 2 |
COL
Rockwell Collins
COL
|
$24M |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
$22.4M |
| 4 |
Prologis
PLD
|
$16.7M |
| 5 |
BPYU
Brookfield Property REIT Inc. Class A Common Stock
BPYU
|
$15.9M |
Top Sells
| 1 |
Apple
AAPL
|
$244M |
| 2 |
Keurig Dr Pepper
KDP
|
$148M |
| 3 |
Microsoft
MSFT
|
$102M |
| 4 |
Amazon
AMZN
|
$88.1M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$53.7M |
Sector Composition
| 1 | Technology | 20.1% |
| 2 | Healthcare | 15.47% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Industrials | 10.06% |
| 5 | Communication Services | 9.92% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
AET
76
DELISTED
Aetna Inc
AET
| $234M | 0.26% | 1,154,638 -37,000 | -3% | -$7.51M |
|
77
Canadian National Railway
CNI
$60.4B
| $230M | 0.26% | 2,573,600 -115,300 | -4% | -$10.3M |
|
|
RTN
78
DELISTED
Raytheon Company
RTN
| $227M | 0.25% | 1,100,245 -42,400 | -4% | -$8.76M |
|
79
Chubb
CB
$110B
| $226M | 0.25% | 1,689,220 -53,200 | -3% | -$7.11M |
|
80
Suncor Energy
SU
$50.1B
| $220M | 0.25% | 5,718,812 -237,300 | -4% | -$9.15M |
|
81
Northrop Grumman
NOC
$84.5B
| $218M | 0.24% | 686,084 -22,600 | -3% | -$7.17M |
|
82
Occidental Petroleum
OXY
$46.9B
| $218M | 0.24% | 2,649,543 -90,400 | -3% | -$7.43M |
|
83
Intuitive Surgical
ISRG
$170B
| $211M | 0.23% | 366,846 -84,700 | -19% | -$48.6M |
|
84
Colgate-Palmolive
CL
$67.9B
| $209M | 0.23% | 3,127,072 -118,400 | -4% | -$7.93M |
|
85
Waste Management
WM
$91.2B
| $209M | 0.23% | 2,315,303 -81,800 | -3% | -$7.39M |
|
|
CELG
86
DELISTED
Celgene Corp
CELG
| $207M | 0.23% | 2,313,796 -173,100 | -7% | -$15.5M |
|
|
AGN
87
DELISTED
Allergan plc
AGN
| $206M | 0.23% | 1,082,286 -10,100 | -0.9% | -$1.92M |
|
88
American Tower
AMT
$95.5B
| $205M | 0.23% | 1,409,883 -47,700 | -3% | -$6.93M |
|
89
Crown Castle
CCI
$43.2B
| $204M | 0.23% | 1,834,149 -35,400 | -2% | -$3.94M |
|
90
Intuit
INTU
$186B
| $203M | 0.23% | 893,973 -28,800 | -3% | -$6.55M |
|
91
Mondelez International
MDLZ
$79.5B
| $202M | 0.23% | 4,708,777 -209,000 | -4% | -$8.98M |
|
92
Southern Company
SO
$102B
| $198M | 0.22% | 4,547,324 -143,700 | -3% | -$6.27M |
|
93
Boston Scientific
BSX
$156B
| $197M | 0.22% | 5,109,330 -159,900 | -3% | -$6.16M |
|
94
CSX Corp
CSX
$60.6B
| $197M | 0.22% | 2,654,620 -133,000 | -5% | -$9.85M |
|
|
WBA
95
DELISTED
Walgreens Boots Alliance
WBA
| $196M | 0.22% | 2,690,803 -94,300 | -3% | -$6.87M |
|
96
FedEx
FDX
$54.5B
| $195M | 0.22% | 810,268 -30,900 | -4% | -$7.44M |
|
97
Dominion Energy
D
$51.1B
| $193M | 0.22% | 2,749,037 -90,100 | -3% | -$6.33M |
|
|
ATVI
98
DELISTED
Activision Blizzard Inc.
ATVI
| $192M | 0.21% | 2,308,434 -74,300 | -3% | -$6.18M |
|
99
Enbridge
ENB
$105B
| $192M | 0.21% | 5,966,794 -186,300 | -3% | -$5.99M |
|
100
Charter Communications
CHTR
$36.3B
| $187M | 0.21% | 573,909 -23,000 | -4% | -$7.5M |
|