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 |
Bristol-Myers Squibb
BMY
|
$128M |
| 2 |
BKI
Black Knight, Inc. Common Stock
BKI
|
$32.6M |
| 3 |
PARA
Paramount Global Class B
PARA
|
$28.6M |
| 4 |
Tyler Technologies
TYL
|
$26.9M |
| 5 |
Brown & Brown
BRO
|
$19.5M |
Top Sells
| 1 |
Apple
AAPL
|
$284M |
| 2 |
CELG
Celgene Corp
CELG
|
$231M |
| 3 |
Microsoft
MSFT
|
$184M |
| 4 |
Alibaba
BABA
|
$158M |
| 5 |
Amazon
AMZN
|
$104M |
Sector Composition
| 1 | Technology | 21.52% |
| 2 | Healthcare | 14.66% |
| 3 | Consumer Discretionary | 11.66% |
| 4 | Communication Services | 10.17% |
| 5 | Industrials | 9.36% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Vertex Pharmaceuticals
VRTX
$100B
| $182M | 0.19% | 830,175 -34,800 | -4% | -$7.62M |
|
102
American Electric Power
AEP
$59.4B
| $180M | 0.18% | 1,906,642 -66,600 | -3% | -$6.29M |
|
103
Xcel Energy
XEL
$42.8B
| $179M | 0.18% | 2,824,515 -55,400 | -2% | -$3.52M |
|
104
Suncor Energy
SU
$50.1B
| $179M | 0.18% | 5,470,712 -338,000 | -6% | -$11.1M |
|
105
Applied Materials
AMAT
$128B
| $178M | 0.18% | 2,912,735 -178,800 | -6% | -$10.9M |
|
106
Prologis
PLD
$106B
| $177M | 0.18% | 1,990,114 -93,000 | -4% | -$8.29M |
|
107
Tesla
TSLA
$1.08T
| $177M | 0.18% | 423,553 -8,900 | -2% | -$3.72M |
|
108
Schlumberger
SLB
$55B
| $175M | 0.18% | 4,360,996 -213,200 | -5% | -$8.57M |
|
109
Aon
AON
$79.1B
| $174M | 0.18% | 836,249 -48,900 | -6% | -$10.2M |
|
110
TC Energy
TRP
$54.1B
| $174M | 0.18% | 3,262,800 -164,800 | -5% | -$8.77M |
|
111
CSX Corp
CSX
$60.6B
| $173M | 0.18% | 2,390,999 -147,600 | -6% | -$10.7M |
|
112
Global Payments
GPN
$21.5B
| $173M | 0.18% | 946,027 -41,900 | -4% | -$7.65M |
|
113
Biogen
BIIB
$19.4B
| $173M | 0.18% | 581,558 -58,800 | -9% | -$17.4M |
|
114
AvalonBay Communities
AVB
$27.9B
| $173M | 0.18% | 822,845 -13,500 | -2% | -$2.83M |
|
115
Equinix
EQIX
$76.9B
| $171M | 0.18% | 293,709 -9,900 | -3% | -$5.78M |
|
116
Progressive
PGR
$145B
| $171M | 0.18% | 2,360,806 -76,200 | -3% | -$5.52M |
|
117
Ecolab
ECL
$78.6B
| $168M | 0.17% | 873,014 -39,100 | -4% | -$7.55M |
|
118
ServiceNow
NOW
$190B
| $167M | 0.17% | 591,184 -18,800 | -3% | -$5.31M |
|
119
Baxter International
BAX
$12.7B
| $166M | 0.17% | 1,984,225 -63,500 | -3% | -$5.31M |
|
120
Deere & Co
DE
$130B
| $163M | 0.17% | 943,182 -51,300 | -5% | -$8.89M |
|
121
Air Products & Chemicals
APD
$65.5B
| $163M | 0.17% | 694,902 -32,100 | -4% | -$7.54M |
|
122
NXP Semiconductors
NXPI
$59.2B
| $162M | 0.17% | 1,273,929 -94,400 | -7% | -$12M |
|
123
Ross Stores
ROST
$48.1B
| $162M | 0.17% | 1,392,298 -96,200 | -6% | -$11.2M |
|
124
Norfolk Southern
NSC
$62.8B
| $161M | 0.17% | 830,625 -47,700 | -5% | -$9.26M |
|
125
Allstate
ALL
$53.6B
| $161M | 0.16% | 1,430,161 -55,400 | -4% | -$6.23M |
|