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 |
Dow Inc
DOW
|
$123M |
| 2 |
Newmont
NEM
|
$77.1M |
| 3 |
Corteva
CTVA
|
$72.5M |
| 4 |
Amcor
AMCR
|
$60.2M |
| 5 |
Alibaba
BABA
|
$47.4M |
Top Sells
| 1 |
DuPont de Nemours
DD
|
$391M |
| 2 |
Apple
AAPL
|
$94.5M |
| 3 |
GG
Goldcorp Inc
GG
|
$78.3M |
| 4 |
Microsoft
MSFT
|
$77.6M |
| 5 |
Pfizer
PFE
|
$53.9M |
Sector Composition
| 1 | Technology | 19.94% |
| 2 | Healthcare | 14.68% |
| 3 | Consumer Discretionary | 11.95% |
| 4 | Communication Services | 10.13% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Fidelity National Information Services
FIS
$36.5B
| $179M | 0.19% | 1,462,213 -51,000 | -3% | -$6.26M |
|
102
Ecolab
ECL
$78.6B
| $179M | 0.19% | 906,342 -21,500 | -2% | -$4.24M |
|
103
Zoetis
ZTS
$69.3B
| $177M | 0.19% | 1,561,980 -41,700 | -3% | -$4.73M |
|
104
Yum! Brands
YUM
$40.8B
| $177M | 0.19% | 1,595,596 +113,500 | +8% | +$12.6M |
|
105
Illumina
ILMN
$15.8B
| $176M | 0.19% | 479,345 -11,400 | -2% | -$4.2M |
|
106
EOG Resources
EOG
$68.2B
| $176M | 0.19% | 1,891,566 -44,100 | -2% | -$4.11M |
|
107
Marsh & McLennan
MMC
$101B
| $175M | 0.19% | 1,750,563 -37,600 | -2% | -$3.75M |
|
108
Xcel Energy
XEL
$42.8B
| $174M | 0.19% | 2,922,983 -71,500 | -2% | -$4.25M |
|
109
Norfolk Southern
NSC
$62.8B
| $174M | 0.19% | 871,847 -37,200 | -4% | -$7.42M |
|
110
American Electric Power
AEP
$59.4B
| $174M | 0.19% | 1,971,489 -42,800 | -2% | -$3.77M |
|
111
AvalonBay Communities
AVB
$27.9B
| $172M | 0.19% | 848,680 -20,100 | -2% | -$4.08M |
|
112
Aon
AON
$79.1B
| $170M | 0.18% | 878,871 -23,700 | -3% | -$4.57M |
|
113
Simon Property Group
SPG
$59B
| $169M | 0.18% | 1,058,398 -26,100 | -2% | -$4.17M |
|
114
Baxter International
BAX
$12.7B
| $169M | 0.18% | 2,059,439 -112,800 | -5% | -$9.24M |
|
115
TC Energy
TRP
$54.1B
| $168M | 0.18% | 3,397,900 +197,400 | +6% | +$9.79M |
|
116
Motorola Solutions
MSI
$78.7B
| $166M | 0.18% | 992,878 -23,800 | -2% | -$3.97M |
|
117
Prologis
PLD
$106B
| $165M | 0.18% | 2,055,487 -45,800 | -2% | -$3.67M |
|
118
Deere & Co
DE
$130B
| $164M | 0.18% | 991,619 -28,400 | -3% | -$4.71M |
|
119
Air Products & Chemicals
APD
$65.5B
| $162M | 0.17% | 716,106 -16,700 | -2% | -$3.78M |
|
120
ServiceNow
NOW
$190B
| $162M | 0.17% | 588,300 -10,300 | -2% | -$2.83M |
|
121
Illinois Tool Works
ITW
$77.1B
| $161M | 0.17% | 1,069,706 +72,400 | +7% | +$10.9M |
|
122
General Motors
GM
$55.8B
| $159M | 0.17% | 4,134,457 -105,600 | -2% | -$4.07M |
|
123
Vertex Pharmaceuticals
VRTX
$100B
| $157M | 0.17% | 854,109 +1,200 | +0.1% | +$220K |
|
124
Exelon
EXC
$44.1B
| $152M | 0.16% | 3,161,630 -66,100 | -2% | -$3.17M |
|
125
Allstate
ALL
$53.6B
| $151M | 0.16% | 1,489,273 -78,400 | -5% | -$7.97M |
|