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 |
DXC Technology
DXC
|
$79.7M |
| 2 |
Dell
DELL
|
$68M |
| 3 |
RAI
Reynolds American Inc
RAI
|
$63M |
| 4 |
Microsoft
MSFT
|
$55.1M |
| 5 |
Altria Group
MO
|
$54.8M |
Top Sells
| 1 |
YHOO
Yahoo Inc
YHOO
|
$149M |
| 2 |
BCR
CR Bard Inc.
BCR
|
$67.4M |
| 3 |
Xerox
XRX
|
$65.1M |
| 4 |
MJN
Mead Johnson Nutrition Company
MJN
|
$58.3M |
| 5 |
VAL
Valspar
VAL
|
$38.8M |
Sector Composition
| 1 | Technology | 16.86% |
| 2 | Healthcare | 15.56% |
| 3 | Consumer Discretionary | 10.99% |
| 4 | Communication Services | 10.48% |
| 5 | Industrials | 10.39% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
MetLife
MET
$54.1B
| $187M | 0.22% | 3,402,136 +91,700 | +3% | +$5.04M |
|
102
CSX Corp
CSX
$60.6B
| $185M | 0.22% | 3,384,820 +65,900 | +2% | +$3.6M |
|
103
Northrop Grumman
NOC
$84.5B
| $179M | 0.21% | 697,184 +89,800 | +15% | +$23.1M |
|
104
Waste Management
WM
$91.2B
| $177M | 0.21% | 2,410,003 +43,000 | +2% | +$3.15M |
|
105
Crown Castle
CCI
$43.2B
| $176M | 0.21% | 1,755,549 +40,800 | +2% | +$4.09M |
|
106
General Motors
GM
$55.8B
| $172M | 0.2% | 4,925,857 +56,500 | +1% | +$1.97M |
|
107
Occidental Petroleum
OXY
$46.9B
| $172M | 0.2% | 2,866,943 -40,100 | -1% | -$2.4M |
|
108
Consolidated Edison
ED
$35.4B
| $171M | 0.2% | 2,117,271 +32,700 | +2% | +$2.64M |
|
109
Tesla
TSLA
$1.08T
| $170M | 0.2% | 470,185 +14,100 | +3% | +$5.1M |
|
110
Prudential Financial
PRU
$38.6B
| $170M | 0.2% | 1,570,987 +47,300 | +3% | +$5.12M |
|
111
Cigna
CI
$80.3B
| $168M | 0.2% | 1,006,174 +29,700 | +3% | +$4.97M |
|
112
PG&E
PCG
$33.6B
| $164M | 0.19% | 2,467,424 +65,000 | +3% | +$4.31M |
|
113
AvalonBay Communities
AVB
$27.9B
| $163M | 0.19% | 849,580 +16,400 | +2% | +$3.15M |
|
114
Illinois Tool Works
ITW
$77.1B
| $163M | 0.19% | 1,139,606 +20,300 | +2% | +$2.91M |
|
115
Applied Materials
AMAT
$128B
| $163M | 0.19% | 3,945,322 +115,300 | +3% | +$4.76M |
|
116
Public Storage
PSA
$51.7B
| $161M | 0.19% | 773,135 +48,100 | +7% | +$10M |
|
117
TC Energy
TRP
$54.1B
| $160M | 0.19% | 3,350,100 -147,600 | -4% | -$7.04M |
|
118
NXP Semiconductors
NXPI
$59.2B
| $156M | 0.19% | 1,427,129 | – | – |
|
119
General Mills
GIS
$26.4B
| $155M | 0.18% | 2,799,716 -406,900 | -13% | -$22.5M |
|
120
Boston Scientific
BSX
$156B
| $155M | 0.18% | 5,584,930 +156,800 | +3% | +$4.35M |
|
|
PX
121
DELISTED
Praxair Inc
PX
| $153M | 0.18% | 1,152,367 +31,400 | +3% | +$4.16M |
|
122
Ford
F
$46.8B
| $152M | 0.18% | 13,548,935 +411,400 | +3% | +$4.6M |
|
123
Newmont
NEM
$81.7B
| $152M | 0.18% | 4,679,332 +60,100 | +1% | +$1.95M |
|
124
Humana
HUM
$36.5B
| $150M | 0.18% | 622,826 +17,800 | +3% | +$4.28M |
|
125
Johnson Controls International
JCI
$69.9B
| $149M | 0.18% | 3,427,621 +108,500 | +3% | +$4.7M |
|