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 |
Alphabet (Google) Class A
GOOGL
|
$2.37B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$2.23B |
| 3 |
Tesla
TSLA
|
$2.03B |
| 4 |
Northrop Grumman
NOC
|
$301M |
| 5 |
Palo Alto Networks
PANW
|
$142M |
Top Sells
| 1 |
DRE
Duke Realty Corp.
DRE
|
$91.2M |
| 2 |
Apple
AAPL
|
$89.7M |
| 3 |
CTXS
Citrix Systems Inc
CTXS
|
$52.9M |
| 4 |
Chevron
CVX
|
$51.6M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
$28.8M |
Sector Composition
| 1 | Technology | 26.14% |
| 2 | Healthcare | 15.83% |
| 3 | Consumer Discretionary | 12.65% |
| 4 | Industrials | 8.88% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
ATVI
101
DELISTED
Activision Blizzard Inc.
ATVI
| $252M | 0.18% | 3,388,445 +8,600 | +0.3% | +$639K |
|
102
CSX Corp
CSX
$60.6B
| $251M | 0.18% | 9,422,857 -91,800 | -1% | -$2.45M |
|
103
Occidental Petroleum
OXY
$46.9B
| $250M | 0.18% | 4,061,441 +9,600 | +0.2% | +$590K |
|
104
Fiserv
FI
$75.1B
| $249M | 0.18% | 2,661,235 -26,500 | -1% | -$2.48M |
|
105
Aon
AON
$79.1B
| $247M | 0.18% | 920,374 -7,600 | -0.8% | -$2.04M |
|
106
Illinois Tool Works
ITW
$77.1B
| $244M | 0.17% | 1,349,552 -7,900 | -0.6% | -$1.43M |
|
107
Canadian Natural Resources
CNQ
$65.9B
| $244M | 0.17% | 5,192,287 -75,200 | -1% | -$3.53M |
|
108
Dominion Energy
D
$51.1B
| $243M | 0.17% | 3,514,636 -1,100 | -0% | -$76K |
|
109
Micron Technology
MU
$133B
| $242M | 0.17% | 4,839,364 -18,100 | -0.4% | -$907K |
|
110
Colgate-Palmolive
CL
$67.9B
| $242M | 0.17% | 3,449,873 -14,000 | -0.4% | -$984K |
|
111
Boston Scientific
BSX
$156B
| $240M | 0.17% | 6,195,380 +6,500 | +0.1% | +$252K |
|
112
Dollar General
DG
$23.9B
| $236M | 0.17% | 983,647 -21,400 | -2% | -$5.13M |
|
113
Marathon Petroleum
MPC
$54.6B
| $233M | 0.17% | 2,344,536 -107,300 | -4% | -$10.7M |
|
114
Eaton
ETN
$136B
| $231M | 0.17% | 1,729,087 -900 | -0.1% | -$120K |
|
115
Equinix
EQIX
$76.9B
| $224M | 0.16% | 394,459 +900 | +0.2% | +$512K |
|
116
Air Products & Chemicals
APD
$65.5B
| $224M | 0.16% | 961,048 -700 | -0.1% | -$163K |
|
117
Edwards Lifesciences
EW
$47.8B
| $223M | 0.16% | 2,694,425 -9,800 | -0.4% | -$810K |
|
118
Lam Research
LRCX
$127B
| $220M | 0.16% | 601,132 -3,900 | -0.6% | -$1.43M |
|
119
Schlumberger
SLB
$55B
| $220M | 0.16% | 6,125,569 -4,400 | -0.1% | -$158K |
|
120
Sherwin-Williams
SHW
$91.2B
| $219M | 0.16% | 1,071,342 -1,600 | -0.1% | -$328K |
|
121
General Dynamics
GD
$87.3B
| $217M | 0.16% | 1,022,454 -1,400 | -0.1% | -$297K |
|
122
Estee Lauder
EL
$33B
| $217M | 0.16% | 1,004,625 -3,600 | -0.4% | -$777K |
|
123
Norfolk Southern
NSC
$62.8B
| $217M | 0.15% | 1,032,762 -7,300 | -0.7% | -$1.53M |
|
|
PXD
124
DELISTED
Pioneer Natural Resource Co.
PXD
| $216M | 0.15% | 996,158 -4,800 | -0.5% | -$1.04M |
|
125
McKesson
MCK
$85.4B
| $214M | 0.15% | 629,965 -19,800 | -3% | -$6.73M |
|