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 |
Copart
CPRT
|
$49.4M |
| 2 |
Bio-Techne
TECH
|
$38.8M |
| 3 |
First Solar
FSLR
|
$24.3M |
| 4 |
Lamb Weston
LW
|
$21.6M |
| 5 |
Ovintiv
OVV
|
$21.3M |
Top Sells
| 1 |
Apple
AAPL
|
$627M |
| 2 |
Microsoft
MSFT
|
$479M |
| 3 |
Amazon
AMZN
|
$203M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$169M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$150M |
Sector Composition
| 1 | Technology | 25.32% |
| 2 | Healthcare | 16.62% |
| 3 | Consumer Discretionary | 10.98% |
| 4 | Industrials | 9.76% |
| 5 | Consumer Staples | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Analog Devices
ADI
$124B
| $343M | 0.25% | 2,090,375 -162,373 | -7% | -$26.6M |
|
77
Applied Materials
AMAT
$128B
| $340M | 0.24% | 3,496,600 -273,470 | -7% | -$26.6M |
|
78
Stryker
SYK
$150B
| $338M | 0.24% | 1,383,800 -91,256 | -6% | -$22.3M |
|
79
Marsh & McLennan
MMC
$101B
| $336M | 0.24% | 2,028,100 -147,013 | -7% | -$24.3M |
|
80
Altria Group
MO
$113B
| $335M | 0.24% | 7,319,100 -527,432 | -7% | -$24.1M |
|
81
Enbridge
ENB
$105B
| $334M | 0.24% | 8,538,131 -576,654 | -6% | -$22.5M |
|
82
Northrop Grumman
NOC
$84.5B
| $326M | 0.23% | 597,345 -42,600 | -7% | -$23.2M |
|
83
Booking.com
BKNG
$181B
| $325M | 0.23% | 161,384 -14,652 | -8% | -$29.5M |
|
84
Duke Energy
DUK
$95.3B
| $322M | 0.23% | 3,129,341 -207,259 | -6% | -$21.3M |
|
85
ServiceNow
NOW
$190B
| $319M | 0.23% | 821,000 -47,763 | -5% | -$18.5M |
|
86
PayPal
PYPL
$67.1B
| $318M | 0.23% | 4,465,200 -302,220 | -6% | -$21.5M |
|
87
Southern Company
SO
$102B
| $316M | 0.23% | 4,423,000 -181,647 | -4% | -$13M |
|
88
Regeneron Pharmaceuticals
REGN
$61.5B
| $314M | 0.23% | 435,600 -32,572 | -7% | -$23.5M |
|
89
EOG Resources
EOG
$68.2B
| $309M | 0.22% | 2,381,900 -156,356 | -6% | -$20.3M |
|
90
Progressive
PGR
$145B
| $308M | 0.22% | 2,376,800 -157,831 | -6% | -$20.5M |
|
91
Schlumberger
SLB
$55B
| $307M | 0.22% | 5,748,427 -377,142 | -6% | -$20.2M |
|
92
Vertex Pharmaceuticals
VRTX
$100B
| $301M | 0.22% | 1,042,400 -65,975 | -6% | -$19.1M |
|
93
Becton Dickinson
BDX
$55.3B
| $295M | 0.21% | 1,159,102 -76,244 | -6% | -$19.4M |
|
94
Canadian National Railway
CNI
$60.4B
| $294M | 0.21% | 2,477,400 -165,258 | -6% | -$19.6M |
|
95
Canadian Pacific Kansas City
CP
$69.9B
| $292M | 0.21% | 3,921,293 -261,355 | -6% | -$19.5M |
|
96
Zoetis
ZTS
$69.3B
| $279M | 0.2% | 1,902,632 -136,955 | -7% | -$20.1M |
|
97
Target
TGT
$43.6B
| $279M | 0.2% | 1,870,600 -138,862 | -7% | -$20.7M |
|
98
Air Products & Chemicals
APD
$65.5B
| $278M | 0.2% | 901,500 -59,548 | -6% | -$18.4M |
|
99
Illinois Tool Works
ITW
$77.1B
| $277M | 0.2% | 1,258,300 -91,252 | -7% | -$20.1M |
|
100
3M
MMM
$82.8B
| $270M | 0.19% | 2,250,039 -161,269 | -7% | -$19.3M |
|