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 |
Apple
AAPL
|
$391M |
| 2 |
Amazon
AMZN
|
$361M |
| 3 |
Microsoft
MSFT
|
$358M |
| 4 |
CSX Corp
CSX
|
$205M |
| 5 |
Sherwin-Williams
SHW
|
$198M |
Top Sells
| 1 |
Alibaba
BABA
|
$1.07B |
| 2 |
Newmont
NEM
|
$141M |
| 3 |
Eli Lilly
LLY
|
$125M |
| 4 |
Waste Management
WM
|
$124M |
| 5 |
McDonald's
MCD
|
$112M |
Sector Composition
| 1 | Technology | 27.15% |
| 2 | Healthcare | 14.17% |
| 3 | Consumer Discretionary | 13.28% |
| 4 | Communication Services | 11.57% |
| 5 | Industrials | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Lam Research
LRCX
$127B
| $379M | 0.23% | 582,732 +28,888 | +5% | +$18.8M |
|
77
T-Mobile US
TMUS
$284B
| $367M | 0.23% | 2,533,881 +74,250 | +3% | +$10.8M |
|
78
Booking.com
BKNG
$181B
| $365M | 0.23% | 167,036 +9,493 | +6% | +$20.8M |
|
79
Altria Group
MO
$113B
| $361M | 0.22% | 7,577,932 +84,582 | +1% | +$4.03M |
|
80
Zoetis
ZTS
$69.3B
| $361M | 0.22% | 1,937,587 +109,739 | +6% | +$20.5M |
|
81
Prologis
PLD
$106B
| $360M | 0.22% | 3,015,395 +172,495 | +6% | +$20.6M |
|
82
Mondelez International
MDLZ
$79.5B
| $360M | 0.22% | 5,757,975 +257,952 | +5% | +$16.1M |
|
83
Fidelity National Information Services
FIS
$36.5B
| $359M | 0.22% | 2,532,669 -313,350 | -11% | -$44.4M |
|
84
Stryker
SYK
$150B
| $359M | 0.22% | 1,380,556 -151,100 | -10% | -$39.2M |
|
85
Gilead Sciences
GILD
$140B
| $353M | 0.22% | 5,123,898 -1,268,325 | -20% | -$87.3M |
|
86
Enbridge
ENB
$105B
| $348M | 0.21% | 8,683,185 +471,354 | +6% | +$18.9M |
|
87
Automatic Data Processing
ADP
$123B
| $347M | 0.21% | 1,744,923 -242,775 | -12% | -$48.2M |
|
88
Crown Castle
CCI
$43.2B
| $343M | 0.21% | 1,758,671 -342,800 | -16% | -$66.9M |
|
89
Cigna
CI
$80.3B
| $340M | 0.21% | 1,434,663 +45,364 | +3% | +$10.8M |
|
90
ConocoPhillips
COP
$124B
| $336M | 0.21% | 5,524,029 +312,730 | +6% | +$19M |
|
91
TJX Companies
TJX
$152B
| $330M | 0.2% | 4,895,759 -558,325 | -10% | -$37.6M |
|
92
Zoom
ZM
$24.4B
| $323M | 0.2% | 834,250 +7,450 | +0.9% | +$2.88M |
|
93
Canadian National Railway
CNI
$60.4B
| $322M | 0.2% | 3,045,058 +165,358 | +6% | +$17.5M |
|
94
General Motors
GM
$55.8B
| $313M | 0.19% | 5,287,963 +333,948 | +7% | +$19.8M |
|
95
Duke Energy
DUK
$95.3B
| $309M | 0.19% | 3,134,300 -496,925 | -14% | -$49.1M |
|
96
FedEx
FDX
$54.5B
| $306M | 0.19% | 1,026,865 +67,516 | +7% | +$20.1M |
|
97
Moderna
MRNA
$9.37B
| $303M | 0.19% | 1,290,900 +144,800 | +13% | +$34M |
|
|
ATVI
98
DELISTED
Activision Blizzard Inc.
ATVI
| $302M | 0.19% | 3,159,645 -176,475 | -5% | -$16.8M |
|
|
99
CSX Corp
CSX
$60.6B
| $299M | 0.18% | 9,327,357 +6,387,058 | +217% | +$205M |
|
100
Estee Lauder
EL
$33B
| $298M | 0.18% | 936,825 +65,636 | +8% | +$20.9M |
|