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 |
Copart
CPRT
|
$49.4M |
| 2 |
Bio-Techne
TECH
|
$38.8M |
| 3 |
First Solar
FSLR
|
$24.3M |
| 4 |
Lamb Weston
LW
|
$21.6M |
| 5 |
Ovintiv
OVV
|
$21.3M |
Top Sells
| 1 |
Apple
AAPL
|
$627M |
| 2 |
Microsoft
MSFT
|
$479M |
| 3 |
Amazon
AMZN
|
$203M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$169M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$150M |
Sector Composition
| 1 | Technology | 25.32% |
| 2 | Healthcare | 16.62% |
| 3 | Consumer Discretionary | 10.98% |
| 4 | Industrials | 9.76% |
| 5 | Consumer Staples | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
CSX Corp
CSX
$60.6B
| $270M | 0.19% | 8,702,600 -720,257 | -8% | -$22.3M |
|
102
Boston Scientific
BSX
$156B
| $269M | 0.19% | 5,818,400 -376,980 | -6% | -$17.4M |
|
103
Waste Management
WM
$91.2B
| $264M | 0.19% | 1,679,900 -119,202 | -7% | -$18.7M |
|
104
Humana
HUM
$36.5B
| $263M | 0.19% | 514,300 -33,837 | -6% | -$17.3M |
|
105
Canadian Natural Resources
CNQ
$65.9B
| $263M | 0.19% | 4,728,831 -463,456 | -9% | -$25.7M |
|
106
Aon
AON
$79.1B
| $257M | 0.18% | 857,200 -63,174 | -7% | -$19M |
|
107
Eaton
ETN
$136B
| $254M | 0.18% | 1,618,800 -110,287 | -6% | -$17.3M |
|
108
Colgate-Palmolive
CL
$67.9B
| $254M | 0.18% | 3,220,600 -229,273 | -7% | -$18.1M |
|
109
Fiserv
FI
$75.1B
| $250M | 0.18% | 2,469,486 -191,749 | -7% | -$19.4M |
|
|
ATVI
110
DELISTED
Activision Blizzard Inc.
ATVI
| $243M | 0.17% | 3,179,500 -208,945 | -6% | -$16M |
|
111
Moderna
MRNA
$9.37B
| $243M | 0.17% | 1,351,400 -113,800 | -8% | -$20.4M |
|
112
Equinix
EQIX
$76.9B
| $242M | 0.17% | 370,203 -24,256 | -6% | -$15.9M |
|
113
Crown Castle
CCI
$43.2B
| $239M | 0.17% | 1,760,000 -116,671 | -6% | -$15.8M |
|
114
Occidental Petroleum
OXY
$46.9B
| $239M | 0.17% | 3,786,614 -274,827 | -7% | -$17.3M |
|
115
Sherwin-Williams
SHW
$91.2B
| $237M | 0.17% | 1,000,700 -70,642 | -7% | -$16.8M |
|
116
Marathon Petroleum
MPC
$54.6B
| $236M | 0.17% | 2,026,566 -317,970 | -14% | -$37M |
|
117
Norfolk Southern
NSC
$62.8B
| $235M | 0.17% | 954,600 -78,162 | -8% | -$19.3M |
|
118
General Dynamics
GD
$87.3B
| $235M | 0.17% | 947,446 -75,008 | -7% | -$18.6M |
|
119
Lam Research
LRCX
$127B
| $234M | 0.17% | 556,800 -44,332 | -7% | -$18.6M |
|
120
Estee Lauder
EL
$33B
| $233M | 0.17% | 940,400 -64,225 | -6% | -$15.9M |
|
121
Emerson Electric
EMR
$74.3B
| $231M | 0.17% | 2,403,200 -170,086 | -7% | -$16.3M |
|
122
Dollar General
DG
$23.9B
| $226M | 0.16% | 917,100 -66,547 | -7% | -$16.4M |
|
123
Micron Technology
MU
$133B
| $224M | 0.16% | 4,483,400 -355,964 | -7% | -$17.8M |
|
124
HCA Healthcare
HCA
$94.5B
| $224M | 0.16% | 933,200 -91,169 | -9% | -$21.9M |
|
125
McKesson
MCK
$85.4B
| $219M | 0.16% | 584,150 -45,815 | -7% | -$17.2M |
|