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 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$725M |
| 3 |
Apple
AAPL
|
$628M |
| 4 |
Amazon
AMZN
|
$487M |
| 5 |
Meta Platforms (Facebook)
META
|
$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
$121M |
| 2 |
KE Holdings
BEKE
|
$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
$24.4M |
| 4 |
X
US Steel
X
|
$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Fiserv
FI
$74.8B
| $292M | 0.17% | 1,690,886 +86,300 | +5% | +$14.9M |
|
102
Bristol-Myers Squibb
BMY
$95.4B
| $285M | 0.17% | 6,159,400 +438,900 | +8% | +$20.3M |
|
103
Waste Management
WM
$90.5B
| $279M | 0.17% | 1,217,900 +86,000 | +8% | +$19.7M |
|
104
McKesson
MCK
$84.7B
| $278M | 0.17% | 379,350 +21,300 | +6% | +$15.6M |
|
105
Duke Energy
DUK
$95.2B
| $278M | 0.17% | 2,352,141 +173,500 | +8% | +$20.5M |
|
106
Parker-Hannifin
PH
$97.1B
| $272M | 0.16% | 389,700 +26,700 | +7% | +$18.6M |
|
107
Cigna
CI
$79.8B
| $271M | 0.16% | 820,701 +36,300 | +5% | +$12M |
|
108
DoorDash
DASH
$106B
| $267M | 0.16% | 1,084,600 +95,300 | +10% | +$23.5M |
|
109
Elevance Health
ELV
$69.9B
| $267M | 0.16% | 685,300 +31,100 | +5% | +$12.1M |
|
110
Mondelez International
MDLZ
$79.3B
| $264M | 0.16% | 3,921,724 +150,300 | +4% | +$10.1M |
|
111
CVS Health
CVS
$91.5B
| $264M | 0.16% | 3,821,360 +272,100 | +8% | +$18.8M |
|
112
TransDigm Group
TDG
$78.8B
| $258M | 0.15% | 169,700 +11,100 | +7% | +$16.9M |
|
113
Cadence Design Systems
CDNS
$96.5B
| $256M | 0.15% | 830,400 +56,900 | +7% | +$17.5M |
|
114
Nike
NKE
$115B
| $253M | 0.15% | 3,566,300 +234,600 | +7% | +$16.7M |
|
115
3M
MMM
$83.9B
| $249M | 0.15% | 1,632,639 +96,800 | +6% | +$14.7M |
|
116
Sherwin-Williams
SHW
$91.3B
| $248M | 0.15% | 723,300 +48,400 | +7% | +$16.6M |
|
117
Arthur J. Gallagher & Co
AJG
$76.8B
| $248M | 0.15% | 774,100 +69,600 | +10% | +$22.3M |
|
118
Applovin
APP
$164B
| $246M | 0.15% | 702,190 +112,500 | +19% | +$39.4M |
|
119
Cintas
CTAS
$83.9B
| $245M | 0.15% | 1,100,100 +75,800 | +7% | +$16.9M |
|
120
Royal Caribbean
RCL
$99.4B
| $242M | 0.15% | 773,938 +53,600 | +7% | +$16.8M |
|
121
Synopsys
SNPS
$113B
| $240M | 0.14% | 468,000 +32,000 | +7% | +$16.4M |
|
122
Equinix
EQIX
$77B
| $236M | 0.14% | 296,103 +23,900 | +9% | +$19M |
|
123
O'Reilly Automotive
ORLY
$88.2B
| $234M | 0.14% | 2,598,000 +2,435,200 | +1,496% | +$219M |
|
124
Williams Companies
WMB
$70.8B
| $232M | 0.14% | 3,695,200 +257,200 | +7% | +$16.2M |
|
125
Chipotle Mexican Grill
CMG
$56.9B
| $230M | 0.14% | 4,101,500 +258,400 | +7% | +$14.5M |
|