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 |
Walt Disney
DIS
|
$137M |
| 2 |
Alibaba
BABA
|
$107M |
| 3 |
Microsoft
MSFT
|
$78.7M |
| 4 |
Amazon
AMZN
|
$70.3M |
| 5 |
Fox Class A
FOXA
|
$44M |
Top Sells
| 1 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$165M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$68.3M |
| 3 |
Oracle
ORCL
|
$45.5M |
| 4 |
PG&E
PCG
|
$41.2M |
| 5 |
Qualcomm
QCOM
|
$30M |
Sector Composition
| 1 | Technology | 19.66% |
| 2 | Healthcare | 15.18% |
| 3 | Consumer Discretionary | 11.83% |
| 4 | Communication Services | 10.1% |
| 5 | Industrials | 9.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
CVS Health
CVS
$92.8B
| $245M | 0.27% | 4,539,103 +97,600 | +2% | +$5.26M |
|
77
Chubb
CB
$110B
| $244M | 0.27% | 1,741,820 +37,900 | +2% | +$5.31M |
|
78
Dominion Energy
D
$51.1B
| $244M | 0.27% | 3,180,095 +403,058 | +15% | +$30.9M |
|
79
Crown Castle
CCI
$43.2B
| $243M | 0.27% | 1,898,249 +50,500 | +3% | +$6.46M |
|
80
Mondelez International
MDLZ
$79.5B
| $242M | 0.27% | 4,852,777 +85,800 | +2% | +$4.28M |
|
81
Intuit
INTU
$186B
| $238M | 0.26% | 912,273 +13,900 | +2% | +$3.63M |
|
|
82
Qualcomm
QCOM
$173B
| $231M | 0.25% | 4,046,065 -526,000 | -12% | -$30M |
|
83
Canadian National Railway
CNI
$60.4B
| $228M | 0.25% | 2,550,300 +11,900 | +0.5% | +$1.07M |
|
84
Colgate-Palmolive
CL
$67.9B
| $222M | 0.24% | 3,235,272 +84,200 | +3% | +$5.77M |
|
|
CELG
85
DELISTED
Celgene Corp
CELG
| $220M | 0.24% | 2,333,996 +47,400 | +2% | +$4.47M |
|
86
Intuitive Surgical
ISRG
$170B
| $218M | 0.24% | 381,246 +11,500 | +3% | +$6.56M |
|
87
Cigna
CI
$80.3B
| $217M | 0.24% | 1,348,335 +36,000 | +3% | +$5.79M |
|
|
RTN
88
DELISTED
Raytheon Company
RTN
| $205M | 0.23% | 1,126,645 +19,800 | +2% | +$3.61M |
|
89
Schlumberger
SLB
$55B
| $201M | 0.22% | 4,622,335 -55,400 | -1% | -$2.41M |
|
90
Charter Communications
CHTR
$36.3B
| $201M | 0.22% | 578,609 +8,700 | +2% | +$3.02M |
|
91
CSX Corp
CSX
$60.6B
| $201M | 0.22% | 2,680,120 +28,900 | +1% | +$2.16M |
|
92
Fiserv
FI
$75.1B
| $200M | 0.22% | 2,271,144 +40,800 | +2% | +$3.6M |
|
93
Boston Scientific
BSX
$156B
| $199M | 0.22% | 5,196,730 +11,400 | +0.2% | +$438K |
|
94
Simon Property Group
SPG
$59B
| $198M | 0.22% | 1,084,498 +28,600 | +3% | +$5.21M |
|
95
Consolidated Edison
ED
$35.4B
| $192M | 0.21% | 2,263,571 +62,400 | +3% | +$5.29M |
|
96
EOG Resources
EOG
$68.2B
| $184M | 0.2% | 1,935,666 +52,800 | +3% | +$5.03M |
|
97
Kimberly-Clark
KMB
$42.8B
| $183M | 0.2% | 1,476,628 +34,900 | +2% | +$4.32M |
|
98
Suncor Energy
SU
$50.1B
| $182M | 0.2% | 5,618,812 -25,700 | -0.5% | -$833K |
|
99
Occidental Petroleum
OXY
$46.9B
| $181M | 0.2% | 2,727,743 +41,200 | +2% | +$2.73M |
|
100
Progressive
PGR
$145B
| $180M | 0.2% | 2,497,334 +66,100 | +3% | +$4.77M |
|