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 |
Starbucks
SBUX
|
$81.5M |
| 2 |
Apple
AAPL
|
$61.5M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$44.6M |
| 4 |
Brookfield
BN
|
$43.9M |
| 5 |
AvalonBay Communities
AVB
|
$35.3M |
Top Sells
| 1 |
Qualcomm
QCOM
|
$48.4M |
| 2 |
Cencora
COR
|
$37.3M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
$30M |
| 5 |
Ecolab
ECL
|
$29M |
Sector Composition
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.54% |
| 3 | Industrials | 10.58% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Danaher
DHR
$147B
| $87.7M | 0.23% | 1,024,444 +61,000 | +6% | +$5.22M |
|
102
Paychex
PAYX
$50.2B
| $87.5M | 0.23% | 1,866,603 -45,800 | -2% | -$2.15M |
|
103
Texas Instruments
TXN
$184B
| $87M | 0.23% | 1,689,494 +80,400 | +5% | +$4.14M |
|
104
MetLife
MET
$54.1B
| $85.8M | 0.22% | 1,532,436 +61,400 | +4% | +$3.44M |
|
|
EMC
105
DELISTED
EMC CORPORATION
EMC
| $84.7M | 0.22% | 3,207,697 -1,000 | -0% | -$26.4K |
|
|
106
AvalonBay Communities
AVB
$27.9B
| $83.6M | 0.22% | 522,780 +220,500 | +73% | +$35.3M |
|
107
Thermo Fisher Scientific
TMO
$186B
| $83.1M | 0.22% | 640,132 +30,800 | +5% | +$4M |
|
108
Sun Life Financial
SLF
$32.8B
| $82.5M | 0.21% | 2,458,500 +113,700 | +5% | +$3.81M |
|
109
Equity Residential
EQR
$25.3B
| $82.2M | 0.21% | 1,172,020 +406,800 | +53% | +$28.5M |
|
|
KRFT
110
DELISTED
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
| $80.8M | 0.21% | 948,663 +51,700 | +6% | +$4.4M |
|
|
TWC
111
DELISTED
TIME WARNER CABLE INC NEW COM STK
TWC
| $80.8M | 0.21% | 453,289 +26,000 | +6% | +$4.63M |
|
112
General Motors
GM
$55.8B
| $80M | 0.21% | 2,399,957 +358,100 | +18% | +$11.9M |
|
113
Caterpillar
CAT
$196B
| $78.8M | 0.2% | 929,416 +53,200 | +6% | +$4.51M |
|
114
Stellantis
STLA
$27.8B
| $78.7M | 0.2% | 5,347,580 -61,258 | -1% | -$902K |
|
115
Newmont
NEM
$81.7B
| $78.6M | 0.2% | 3,365,032 +120,900 | +4% | +$2.82M |
|
116
Crown Castle
CCI
$43.2B
| $78.2M | 0.2% | 974,249 +5,500 | +0.6% | +$442K |
|
117
Elevance Health
ELV
$71.8B
| $77.7M | 0.2% | 473,241 +16,700 | +4% | +$2.74M |
|
118
EOG Resources
EOG
$68.2B
| $77.5M | 0.2% | 885,266 +50,500 | +6% | +$4.42M |
|
119
FedEx
FDX
$54.5B
| $74M | 0.19% | 434,468 +24,500 | +6% | +$4.17M |
|
|
DTV
120
DELISTED
DIRECTV COM STK (DE)
DTV
| $73.8M | 0.19% | 795,487 +22,200 | +3% | +$2.06M |
|
|
AET
121
DELISTED
Aetna Inc
AET
| $72.4M | 0.19% | 567,738 +31,400 | +6% | +$4M |
|
|
SRCL
122
DELISTED
Stericycle Inc
SRCL
| $72M | 0.19% | 537,464 -14,900 | -3% | -$2M |
|
123
Phillips 66
PSX
$54B
| $70.6M | 0.18% | 876,814 +33,600 | +4% | +$2.71M |
|
|
TFCFA
124
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $69.7M | 0.18% | 2,142,099 +73,900 | +4% | +$2.41M |
|
125
LyondellBasell Industries
LYB
$18.1B
| $69.6M | 0.18% | 672,074 -7,800 | -1% | -$807K |
|