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 |
RTX Corp
RTX
|
$173M |
| 2 |
Alibaba
BABA
|
$138M |
| 3 |
AbbVie
ABBV
|
$122M |
| 4 |
Edwards Lifesciences
EW
|
$115M |
| 5 |
Zoom
ZM
|
$109M |
Top Sells
| 1 |
AGN
Allergan plc
AGN
|
$226M |
| 2 |
RTN
Raytheon Company
RTN
|
$145M |
| 3 |
Newmont
NEM
|
$52.9M |
| 4 |
WBC
WABCO HOLDINGS INC.
WBC
|
$51.2M |
| 5 |
ACB
Aurora Cannabis
ACB
|
$49.5M |
Sector Composition
| 1 | Technology | 25.6% |
| 2 | Healthcare | 15.16% |
| 3 | Consumer Discretionary | 12.49% |
| 4 | Communication Services | 10.4% |
| 5 | Industrials | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
GE Aerospace
GE
$292B
| $236M | 0.2% | 34,566,924 +670,500 | +2% | +$4.58M |
|
|
ATVI
102
DELISTED
Activision Blizzard Inc.
ATVI
| $231M | 0.2% | 3,038,420 +56,600 | +2% | +$4.3M |
|
103
Micron Technology
MU
$133B
| $226M | 0.19% | 4,393,372 +96,700 | +2% | +$4.98M |
|
104
Marsh & McLennan
MMC
$101B
| $225M | 0.19% | 2,099,932 +27,400 | +1% | +$2.94M |
|
105
Progressive
PGR
$145B
| $224M | 0.19% | 2,799,106 +18,800 | +0.7% | +$1.51M |
|
106
Franco-Nevada
FNV
$36.3B
| $224M | 0.19% | 1,616,000 +19,200 | +1% | +$2.66M |
|
107
Dollar General
DG
$23.9B
| $224M | 0.19% | 1,176,272 -600 | -0.1% | -$114K |
|
108
Illinois Tool Works
ITW
$77.1B
| $220M | 0.19% | 1,261,042 +13,600 | +1% | +$2.38M |
|
109
Applied Materials
AMAT
$128B
| $220M | 0.19% | 3,631,835 +46,500 | +1% | +$2.81M |
|
110
Baxter International
BAX
$12.7B
| $216M | 0.18% | 2,508,925 +109,800 | +5% | +$9.45M |
|
111
Illumina
ILMN
$15.8B
| $215M | 0.18% | 581,313 +10,800 | +2% | +$4M |
|
112
Ecolab
ECL
$78.6B
| $214M | 0.18% | 1,073,596 +2,782 | +0.3% | +$553K |
|
113
CSX Corp
CSX
$60.6B
| $213M | 0.18% | 3,060,399 +193,200 | +7% | +$13.5M |
|
114
Air Products & Chemicals
APD
$65.5B
| $211M | 0.18% | 872,702 +17,200 | +2% | +$4.15M |
|
115
Xcel Energy
XEL
$42.8B
| $210M | 0.18% | 3,367,215 -31,600 | -0.9% | -$1.98M |
|
116
Clorox
CLX
$14.5B
| $210M | 0.18% | 955,587 -17,800 | -2% | -$3.9M |
|
117
Autodesk
ADSK
$67.3B
| $208M | 0.18% | 870,189 +18,000 | +2% | +$4.31M |
|
118
Boston Scientific
BSX
$156B
| $201M | 0.17% | 5,727,925 +107,600 | +2% | +$3.78M |
|
119
Global Payments
GPN
$21.5B
| $201M | 0.17% | 1,185,027 +18,600 | +2% | +$3.15M |
|
120
Aon
AON
$79.1B
| $196M | 0.17% | 1,015,449 +1,700 | +0.2% | +$327K |
|
121
General Mills
GIS
$26.4B
| $192M | 0.16% | 3,107,952 +6,700 | +0.2% | +$413K |
|
122
Sherwin-Williams
SHW
$91.2B
| $190M | 0.16% | 328,289 +5,800 | +2% | +$3.35M |
|
123
Lam Research
LRCX
$127B
| $186M | 0.16% | 575,544 +12,600 | +2% | +$4.08M |
|
124
American Electric Power
AEP
$59.4B
| $186M | 0.16% | 2,330,742 +16,700 | +0.7% | +$1.33M |
|
125
Deere & Co
DE
$130B
| $185M | 0.16% | 1,178,182 +17,200 | +1% | +$2.7M |
|