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 |
Microsoft
MSFT
|
$834M |
| 2 |
Apple
AAPL
|
$763M |
| 3 |
Amazon
AMZN
|
$604M |
| 4 |
Meta Platforms (Facebook)
META
|
$293M |
| 5 |
Johnson & Johnson
JNJ
|
$263M |
Top Sells
| 1 |
WCG
Wellcare Health Plans, Inc.
WCG
|
$52.4M |
| 2 |
ZAYO
Zayo Group Holdings, Inc.
ZAYO
|
$32.8M |
| 3 |
LPT
Liberty Property Trust
LPT
|
$29.6M |
| 4 |
MDCO
Medicines Co
MDCO
|
$12.9M |
| 5 |
INXN
Interxion Holding N.V.
INXN
|
$12.3M |
Sector Composition
| 1 | Technology | 23.53% |
| 2 | Healthcare | 15.94% |
| 3 | Consumer Discretionary | 11.41% |
| 4 | Communication Services | 10.49% |
| 5 | Consumer Staples | 8.84% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Baxter International
BAX
$12.7B
| $195M | 0.21% | 2,399,125 +414,900 | +21% | +$33.7M |
|
102
Humana
HUM
$36.5B
| $191M | 0.2% | 607,212 +99,000 | +19% | +$31.1M |
|
103
Advanced Micro Devices
AMD
$264B
| $187M | 0.2% | 4,106,136 +854,400 | +26% | +$38.9M |
|
104
American Electric Power
AEP
$59.4B
| $185M | 0.2% | 2,314,042 +407,400 | +21% | +$32.6M |
|
105
Boston Scientific
BSX
$156B
| $183M | 0.19% | 5,620,325 +1,042,500 | +23% | +$34M |
|
106
Target
TGT
$43.6B
| $183M | 0.19% | 1,966,669 +355,500 | +22% | +$33.1M |
|
107
Micron Technology
MU
$133B
| $181M | 0.19% | 4,296,672 +816,000 | +23% | +$34.3M |
|
108
Marsh & McLennan
MMC
$101B
| $179M | 0.19% | 2,072,532 +375,700 | +22% | +$32.5M |
|
109
Dollar General
DG
$23.9B
| $178M | 0.19% | 1,176,872 +208,600 | +22% | +$31.5M |
|
|
ATVI
110
DELISTED
Activision Blizzard Inc.
ATVI
| $177M | 0.19% | 2,981,820 +563,200 | +23% | +$33.5M |
|
111
Illinois Tool Works
ITW
$77.1B
| $177M | 0.19% | 1,247,442 +227,400 | +22% | +$32.3M |
|
112
Public Storage
PSA
$51.7B
| $176M | 0.19% | 884,494 +147,300 | +20% | +$29.3M |
|
113
WEC Energy
WEC
$34.3B
| $172M | 0.18% | 1,947,699 +316,100 | +19% | +$27.9M |
|
114
Air Products & Chemicals
APD
$65.5B
| $171M | 0.18% | 855,502 +160,600 | +23% | +$32.1M |
|
115
Clorox
CLX
$14.5B
| $169M | 0.18% | 973,387 +120,400 | +14% | +$20.9M |
|
116
Global Payments
GPN
$21.5B
| $168M | 0.18% | 1,166,427 +220,400 | +23% | +$31.8M |
|
117
Shopify
SHOP
$184B
| $167M | 0.18% | 406,600 +54,200 | +15% | +$22.3M |
|
118
Aon
AON
$79.1B
| $167M | 0.18% | 1,013,749 +177,500 | +21% | +$29.3M |
|
119
Ecolab
ECL
$78.6B
| $167M | 0.18% | 1,070,814 +197,800 | +23% | +$30.8M |
|
120
CSX Corp
CSX
$60.6B
| $164M | 0.17% | 2,867,199 +476,200 | +20% | +$27.3M |
|
121
Applied Materials
AMAT
$128B
| $164M | 0.17% | 3,585,335 +672,600 | +23% | +$30.8M |
|
122
General Mills
GIS
$26.4B
| $164M | 0.17% | 3,101,252 +533,000 | +21% | +$28.1M |
|
123
Deere & Co
DE
$130B
| $160M | 0.17% | 1,160,982 +217,800 | +23% | +$30.1M |
|
124
TC Energy
TRP
$54.1B
| $160M | 0.17% | 3,663,300 +400,500 | +12% | +$17.5M |
|
125
Franco-Nevada
FNV
$36.3B
| $157M | 0.17% | 1,596,800 +159,600 | +11% | +$15.7M |
|