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
|
$552M |
| 2 |
Comcast
CMCSA
|
$389M |
| 3 |
Microsoft
MSFT
|
$365M |
| 4 |
Amazon
AMZN
|
$274M |
| 5 |
Exxon Mobil
XOM
|
$262M |
Top Sells
| 1 |
Canadian National Railway
CNI
|
$89.7M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
$79.6M |
| 3 |
Suncor Energy
SU
|
$78.1M |
| 4 |
STJ
St Jude Medical
STJ
|
$63.5M |
| 5 |
TC Energy
TRP
|
$58.8M |
Sector Composition
| 1 | Technology | 16.63% |
| 2 | Healthcare | 15% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.47% |
| 5 | Industrials | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Waste Management
WM
$91.2B
| $173M | 0.21% | 2,367,003 +365,100 | +18% | +$26.6M |
|
102
General Motors
GM
$55.8B
| $172M | 0.21% | 4,869,357 +977,300 | +25% | +$34.6M |
|
103
PayPal
PYPL
$67.1B
| $166M | 0.21% | 3,848,091 +822,600 | +27% | +$35.4M |
|
104
Elevance Health
ELV
$71.8B
| $164M | 0.2% | 993,841 +204,200 | +26% | +$33.8M |
|
105
Prudential Financial
PRU
$38.6B
| $163M | 0.2% | 1,523,687 +306,300 | +25% | +$32.7M |
|
106
Intuitive Surgical
ISRG
$170B
| $162M | 0.2% | 211,682 +33,900 | +19% | +$26M |
|
107
Crown Castle
CCI
$43.2B
| $162M | 0.2% | 1,714,749 +383,600 | +29% | +$36.2M |
|
108
Consolidated Edison
ED
$35.4B
| $162M | 0.2% | 2,084,571 +274,900 | +15% | +$21.3M |
|
|
109
TC Energy
TRP
$54.1B
| $161M | 0.2% | 3,497,700 -1,274,100 | -27% | -$58.8M |
|
110
PG&E
PCG
$33.6B
| $159M | 0.2% | 2,402,424 +425,700 | +22% | +$28.2M |
|
111
Public Storage
PSA
$51.7B
| $159M | 0.2% | 725,035 +120,900 | +20% | +$26.5M |
|
112
CSX Corp
CSX
$60.6B
| $154M | 0.19% | 3,318,920 +684,100 | +26% | +$31.8M |
|
113
AvalonBay Communities
AVB
$27.9B
| $153M | 0.19% | 833,180 +118,300 | +17% | +$21.7M |
|
114
Ford
F
$46.8B
| $153M | 0.19% | 13,137,535 +2,811,700 | +27% | +$32.7M |
|
115
Newmont
NEM
$81.7B
| $152M | 0.19% | 4,619,232 +504,600 | +12% | +$16.6M |
|
116
Halliburton
HAL
$19.4B
| $151M | 0.19% | 3,063,197 +664,800 | +28% | +$32.7M |
|
|
YHOO
117
DELISTED
Yahoo Inc
YHOO
| $149M | 0.19% | 3,211,874 +693,400 | +28% | +$32.2M |
|
118
Applied Materials
AMAT
$128B
| $149M | 0.19% | 3,830,022 +801,500 | +26% | +$31.2M |
|
119
Illinois Tool Works
ITW
$77.1B
| $148M | 0.18% | 1,119,306 +228,400 | +26% | +$30.3M |
|
120
NXP Semiconductors
NXPI
$59.2B
| $148M | 0.18% | 1,427,129 -512,800 | -26% | -$53.1M |
|
121
Canadian Natural Resources
CNQ
$65.9B
| $147M | 0.18% | 4,477,800 -1,667,000 | -27% | -$54.6M |
|
122
Kinder Morgan
KMI
$60B
| $146M | 0.18% | 6,723,469 +1,438,600 | +27% | +$31.3M |
|
123
Northrop Grumman
NOC
$84.5B
| $144M | 0.18% | 607,384 +121,400 | +25% | +$28.9M |
|
|
ESRX
124
DELISTED
Express Scripts Holding Company
ESRX
| $144M | 0.18% | 2,184,898 +424,900 | +24% | +$28M |
|
125
Cigna
CI
$80.3B
| $143M | 0.18% | 976,474 +199,100 | +26% | +$29.2M |
|