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 |
Broadcom
AVGO
|
$67.3M |
| 2 |
Veralto
VLTO
|
$60.2M |
| 3 |
Newmont
NEM
|
$43.4M |
| 4 |
Celsius Holdings
CELH
|
$19.6M |
| 5 |
Vertiv
VRT
|
$19.4M |
Top Sells
| 1 |
Apple
AAPL
|
$328M |
| 2 |
Microsoft
MSFT
|
$244M |
| 3 |
ATVI
Activision Blizzard Inc.
ATVI
|
$237M |
| 4 |
VMW
VMware, Inc
VMW
|
$130M |
| 5 |
NVIDIA
NVDA
|
$109M |
Sector Composition
| 1 | Technology | 30.91% |
| 2 | Healthcare | 12.91% |
| 3 | Consumer Discretionary | 12.16% |
| 4 | Industrials | 9.37% |
| 5 | Communication Services | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
76
Stryker
SYK
$150B
| $320M | 0.23% | 1,068,800 -30,200 | -3% | -$9.04M |
|
77
CVS Health
CVS
$92.8B
| $317M | 0.23% | 4,016,360 -107,400 | -3% | -$8.48M |
|
78
Gilead Sciences
GILD
$140B
| $316M | 0.23% | 3,896,300 -115,900 | -3% | -$9.39M |
|
79
American Tower
AMT
$95.5B
| $315M | 0.23% | 1,457,700 -41,400 | -3% | -$8.94M |
|
80
Analog Devices
ADI
$124B
| $309M | 0.23% | 1,558,275 -54,600 | -3% | -$10.8M |
|
81
Mondelez International
MDLZ
$79.5B
| $308M | 0.23% | 4,254,024 -126,400 | -3% | -$9.16M |
|
82
Shopify
SHOP
$184B
| $305M | 0.22% | 3,912,100 -106,000 | -3% | -$8.27M |
|
83
Eaton
ETN
$136B
| $300M | 0.22% | 1,247,700 -34,500 | -3% | -$8.31M |
|
84
Automatic Data Processing
ADP
$123B
| $300M | 0.22% | 1,288,300 -40,600 | -3% | -$9.46M |
|
85
Regeneron Pharmaceuticals
REGN
$61.5B
| $293M | 0.22% | 333,800 -13,300 | -4% | -$11.7M |
|
86
Micron Technology
MU
$133B
| $293M | 0.22% | 3,433,600 -89,500 | -3% | -$7.64M |
|
87
Marsh & McLennan
MMC
$101B
| $293M | 0.21% | 1,544,600 -46,700 | -3% | -$8.85M |
|
88
Progressive
PGR
$145B
| $292M | 0.21% | 1,830,400 -52,100 | -3% | -$8.3M |
|
89
Chubb
CB
$110B
| $290M | 0.21% | 1,284,391 -47,900 | -4% | -$10.8M |
|
90
Palo Alto Networks
PANW
$127B
| $285M | 0.21% | 965,000 -18,900 | -2% | -$5.57M |
|
91
Zoetis
ZTS
$69.3B
| $284M | 0.21% | 1,439,432 -46,900 | -3% | -$9.26M |
|
92
Cigna
CI
$80.3B
| $277M | 0.2% | 925,501 -26,600 | -3% | -$7.97M |
|
93
T-Mobile US
TMUS
$284B
| $265M | 0.19% | 1,655,502 -81,300 | -5% | -$13M |
|
94
Boston Scientific
BSX
$156B
| $265M | 0.19% | 4,578,700 -45,600 | -1% | -$2.64M |
|
95
Fiserv
FI
$75.1B
| $253M | 0.19% | 1,906,286 -79,200 | -4% | -$10.5M |
|
96
Enbridge
ENB
$105B
| $249M | 0.18% | 6,911,331 -215,800 | -3% | -$7.78M |
|
97
KLA
KLAC
$115B
| $248M | 0.18% | 426,300 -15,100 | -3% | -$8.78M |
|
98
Illinois Tool Works
ITW
$77.1B
| $248M | 0.18% | 945,600 -31,600 | -3% | -$8.28M |
|
99
Synopsys
SNPS
$112B
| $245M | 0.18% | 475,600 -13,900 | -3% | -$7.16M |
|
100
Canadian Pacific Kansas City
CP
$69.9B
| $240M | 0.18% | 3,028,593 -90,400 | -3% | -$7.17M |
|