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
|
$391M |
| 2 |
Amazon
AMZN
|
$361M |
| 3 |
Microsoft
MSFT
|
$358M |
| 4 |
CSX Corp
CSX
|
$205M |
| 5 |
Sherwin-Williams
SHW
|
$198M |
Top Sells
| 1 |
Alibaba
BABA
|
$1.07B |
| 2 |
Newmont
NEM
|
$141M |
| 3 |
Eli Lilly
LLY
|
$125M |
| 4 |
Waste Management
WM
|
$124M |
| 5 |
McDonald's
MCD
|
$112M |
Sector Composition
| 1 | Technology | 27.15% |
| 2 | Healthcare | 14.17% |
| 3 | Consumer Discretionary | 13.28% |
| 4 | Communication Services | 11.57% |
| 5 | Industrials | 8.99% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Equinix
EQIX
$76.9B
| $292M | 0.18% | 364,059 -7,650 | -2% | -$6.14M |
|
102
Chubb
CB
$110B
| $292M | 0.18% | 1,835,837 -112,875 | -6% | -$17.9M |
|
103
Marsh & McLennan
MMC
$101B
| $292M | 0.18% | 2,072,213 +10,281 | +0.5% | +$1.45M |
|
104
Illinois Tool Works
ITW
$77.1B
| $289M | 0.18% | 1,291,252 +74,110 | +6% | +$16.6M |
|
105
Becton Dickinson
BDX
$55.3B
| $288M | 0.18% | 1,184,746 -4,875 | -0.4% | -$1.19M |
|
106
Mercado Libre
MELI
$125B
| $285M | 0.18% | 183,049 +10,703 | +6% | +$16.7M |
|
|
107
Sherwin-Williams
SHW
$91.2B
| $284M | 0.18% | 1,041,342 +726,953 | +231% | +$198M |
|
108
Illumina
ILMN
$15.8B
| $282M | 0.17% | 594,947 +33,734 | +6% | +$16M |
|
109
Norfolk Southern
NSC
$62.8B
| $273M | 0.17% | 1,027,162 +50,337 | +5% | +$13.4M |
|
110
Colgate-Palmolive
CL
$67.9B
| $267M | 0.16% | 3,287,073 -350,000 | -10% | -$28.5M |
|
111
Edwards Lifesciences
EW
$47.8B
| $264M | 0.16% | 2,546,525 +149,716 | +6% | +$15.5M |
|
112
Fiserv
FI
$75.1B
| $263M | 0.16% | 2,456,835 -373,000 | -13% | -$39.9M |
|
113
Autodesk
ADSK
$67.3B
| $262M | 0.16% | 896,794 +53,505 | +6% | +$15.6M |
|
114
Snap
SNAP
$12.1B
| $261M | 0.16% | 3,831,858 +270,632 | +8% | +$18.4M |
|
115
Southern Company
SO
$102B
| $261M | 0.16% | 4,308,347 -1,139,172 | -21% | -$68.9M |
|
116
Air Products & Chemicals
APD
$65.5B
| $260M | 0.16% | 902,248 +52,346 | +6% | +$15.1M |
|
117
Analog Devices
ADI
$124B
| $259M | 0.16% | 1,504,180 +83,183 | +6% | +$14.3M |
|
118
Twilio
TWLO
$16.2B
| $257M | 0.16% | 652,560 +112,962 | +21% | +$44.5M |
|
119
Boston Scientific
BSX
$156B
| $247M | 0.15% | 5,778,580 +49,555 | +0.9% | +$2.12M |
|
120
Uber
UBER
$196B
| $246M | 0.15% | 4,906,831 +1,176,302 | +32% | +$59M |
|
|
121
Waste Management
WM
$91.2B
| $242M | 0.15% | 1,725,402 -883,008 | -34% | -$124M |
|
122
Dominion Energy
D
$51.1B
| $242M | 0.15% | 3,285,036 -552,400 | -14% | -$40.6M |
|
123
Eaton
ETN
$136B
| $241M | 0.15% | 1,623,287 +90,387 | +6% | +$13.4M |
|
124
Regeneron Pharmaceuticals
REGN
$61.5B
| $240M | 0.15% | 429,372 -177,450 | -29% | -$99.1M |
|
125
Ford
F
$46.8B
| $237M | 0.15% | 15,934,615 +914,937 | +6% | +$13.6M |
|