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 |
Apple
AAPL
|
$5.83B |
| 2 |
Tesla
TSLA
|
$989M |
| 3 |
Zoom
ZM
|
$96M |
| 4 |
Match Group
MTCH
|
$81.3M |
| 5 |
Peloton Interactive
PTON
|
$75.6M |
Top Sells
| 1 |
Microsoft
MSFT
|
$112M |
| 2 |
Amazon
AMZN
|
$73.4M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$52.8M |
| 4 |
Oracle
ORCL
|
$45.8M |
| 5 |
Meta Platforms (Facebook)
META
|
$40.5M |
Sector Composition
| 1 | Technology | 26.26% |
| 2 | Healthcare | 14.68% |
| 3 | Consumer Discretionary | 13.69% |
| 4 | Communication Services | 10.36% |
| 5 | Industrials | 8.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Dollar General
DG
$23.9B
| $248M | 0.19% | 1,183,872 +7,600 | +0.6% | +$1.59M |
|
102
Enbridge
ENB
$105B
| $247M | 0.19% | 8,509,331 -119,800 | -1% | -$3.48M |
|
|
ATVI
103
DELISTED
Activision Blizzard Inc.
ATVI
| $245M | 0.19% | 3,031,720 -6,700 | -0.2% | -$542K |
|
104
Kimberly-Clark
KMB
$42.8B
| $244M | 0.19% | 1,649,528 -26,400 | -2% | -$3.9M |
|
105
Cigna
CI
$80.3B
| $243M | 0.19% | 1,436,199 -37,100 | -3% | -$6.29M |
|
106
FedEx
FDX
$54.5B
| $243M | 0.19% | 966,049 -14,900 | -2% | -$3.75M |
|
107
Marsh & McLennan
MMC
$101B
| $240M | 0.19% | 2,093,932 -6,000 | -0.3% | -$688K |
|
108
Illinois Tool Works
ITW
$77.1B
| $238M | 0.19% | 1,229,742 -31,300 | -2% | -$6.05M |
|
109
CSX Corp
CSX
$60.6B
| $231M | 0.18% | 2,979,599 -80,800 | -3% | -$6.28M |
|
110
Xcel Energy
XEL
$42.8B
| $230M | 0.18% | 3,336,515 -30,700 | -0.9% | -$2.12M |
|
|
XYZ
111
Block, Inc.
XYZ
$48.5B
| $230M | 0.18% | 1,412,895 +9,600 | +0.7% | +$1.56M |
|
112
Chubb
CB
$110B
| $228M | 0.18% | 1,963,012 -30,100 | -2% | -$3.5M |
|
113
Sherwin-Williams
SHW
$91.2B
| $222M | 0.17% | 318,089 -10,200 | -3% | -$7.11M |
|
114
Franco-Nevada
FNV
$36.3B
| $221M | 0.17% | 1,586,600 -29,400 | -2% | -$4.09M |
|
115
Boston Scientific
BSX
$156B
| $220M | 0.17% | 5,767,225 +39,300 | +0.7% | +$1.5M |
|
116
Norfolk Southern
NSC
$62.8B
| $213M | 0.17% | 997,325 -22,500 | -2% | -$4.81M |
|
117
GE Aerospace
GE
$292B
| $212M | 0.17% | 34,047,924 -519,000 | -2% | -$3.23M |
|
118
Applied Materials
AMAT
$128B
| $212M | 0.17% | 3,567,335 -64,500 | -2% | -$3.83M |
|
119
Ecolab
ECL
$78.6B
| $210M | 0.16% | 1,052,296 -21,300 | -2% | -$4.26M |
|
120
Global Payments
GPN
$21.5B
| $207M | 0.16% | 1,164,327 -20,700 | -2% | -$3.68M |
|
121
Aon
AON
$79.1B
| $206M | 0.16% | 999,149 -16,300 | -2% | -$3.36M |
|
122
Micron Technology
MU
$133B
| $203M | 0.16% | 4,329,172 -64,200 | -1% | -$3.01M |
|
123
Clorox
CLX
$14.5B
| $200M | 0.16% | 950,987 -4,600 | -0.5% | -$967K |
|
124
Baxter International
BAX
$12.7B
| $199M | 0.16% | 2,470,125 -38,800 | -2% | -$3.12M |
|
125
Consolidated Edison
ED
$35.4B
| $197M | 0.15% | 2,537,008 -19,400 | -0.8% | -$1.51M |
|