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 |
Intuitive Surgical
ISRG
|
$121M |
| 2 |
Amphenol
APH
|
$42.2M |
| 3 |
United Parcel Service
UPS
|
$35.2M |
| 4 |
Cognex
CGNX
|
$30.2M |
| 5 |
Progressive
PGR
|
$28M |
Top Sells
| 1 |
BCR
CR Bard Inc.
BCR
|
$90.4M |
| 2 |
Dell
DELL
|
$68.1M |
| 3 |
LVLT
Level 3 Communications Inc
LVLT
|
$64.9M |
| 4 |
AT&T
T
|
$39.3M |
| 5 |
Automatic Data Processing
ADP
|
$36.8M |
Sector Composition
| 1 | Technology | 18.09% |
| 2 | Healthcare | 14.62% |
| 3 | Consumer Discretionary | 11.07% |
| 4 | Communication Services | 10.58% |
| 5 | Industrials | 10.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
General Motors
GM
$55.8B
| $198M | 0.21% | 4,838,157 -168,700 | -3% | -$6.92M |
|
102
Kraft Heinz
KHC
$33.1B
| $197M | 0.21% | 2,539,763 +250,400 | +11% | +$19.5M |
|
103
Simon Property Group
SPG
$59B
| $197M | 0.21% | 1,146,598 -9,800 | -0.8% | -$1.68M |
|
|
104
Intuitive Surgical
ISRG
$170B
| $197M | 0.21% | 538,646 +330,264 | +158% | +$121M |
|
105
Kimberly-Clark
KMB
$42.8B
| $192M | 0.21% | 1,590,228 +6,300 | +0.4% | +$760K |
|
106
Illinois Tool Works
ITW
$77.1B
| $191M | 0.21% | 1,142,606 -3,800 | -0.3% | -$634K |
|
107
Consolidated Edison
ED
$35.4B
| $186M | 0.2% | 2,193,271 +58,200 | +3% | +$4.94M |
|
108
CSX Corp
CSX
$60.6B
| $185M | 0.2% | 3,371,420 -31,500 | -0.9% | -$1.73M |
|
|
PX
109
DELISTED
Praxair Inc
PX
| $181M | 0.2% | 1,170,567 +5,700 | +0.5% | +$882K |
|
110
Prudential Financial
PRU
$38.6B
| $181M | 0.2% | 1,574,587 -6,400 | -0.4% | -$736K |
|
111
Allstate
ALL
$53.6B
| $179M | 0.19% | 1,708,373 +93,700 | +6% | +$9.81M |
|
112
Newmont
NEM
$81.7B
| $178M | 0.19% | 4,751,032 +27,900 | +0.6% | +$1.05M |
|
113
Constellation Brands
STZ
$28.5B
| $177M | 0.19% | 772,716 +6,800 | +0.9% | +$1.55M |
|
114
NXP Semiconductors
NXPI
$59.2B
| $175M | 0.19% | 1,495,529 +68,400 | +5% | +$8.01M |
|
115
Ford
F
$46.8B
| $171M | 0.18% | 13,663,635 -33,900 | -0.2% | -$423K |
|
116
MetLife
MET
$54.1B
| $169M | 0.18% | 3,332,936 -50,900 | -2% | -$2.57M |
|
|
ATVI
117
DELISTED
Activision Blizzard Inc.
ATVI
| $167M | 0.18% | 2,642,434 +3,000 | +0.1% | +$190K |
|
118
Public Storage
PSA
$51.7B
| $165M | 0.18% | 790,935 +9,200 | +1% | +$1.92M |
|
119
Emerson Electric
EMR
$74.3B
| $164M | 0.18% | 2,359,273 -15,200 | -0.6% | -$1.06M |
|
120
TC Energy
TRP
$54.1B
| $164M | 0.18% | 3,361,300 +400 | +0% | +$19.5K |
|
121
General Mills
GIS
$26.4B
| $164M | 0.18% | 2,760,216 -51,500 | -2% | -$3.05M |
|
122
Phillips 66
PSX
$54B
| $162M | 0.18% | 1,605,714 -11,800 | -0.7% | -$1.19M |
|
123
Micron Technology
MU
$133B
| $160M | 0.17% | 3,901,003 +26,500 | +0.7% | +$1.09M |
|
124
Marsh & McLennan
MMC
$101B
| $160M | 0.17% | 1,970,563 +72,000 | +4% | +$5.86M |
|
125
Manulife Financial
MFC
$52.2B
| $159M | 0.17% | 7,636,200 +10,500 | +0.1% | +$219K |
|