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 |
Walmart
WMT
|
$522M |
| 2 |
Flutter Entertainment
FLUT
|
$119M |
| 3 |
Old Dominion Freight Line
ODFL
|
$61.5M |
| 4 |
Cooper Companies
COO
|
$44.5M |
| 5 |
Corebridge Financial
CRBG
|
$21.5M |
Top Sells
| 1 |
Apple
AAPL
|
$840M |
| 2 |
Microsoft
MSFT
|
$390M |
| 3 |
NVIDIA
NVDA
|
$295M |
| 4 |
Amazon
AMZN
|
$214M |
| 5 |
Meta Platforms (Facebook)
META
|
$147M |
Sector Composition
| 1 | Technology | 31.25% |
| 2 | Healthcare | 12.76% |
| 3 | Consumer Discretionary | 11.79% |
| 4 | Industrials | 9.5% |
| 5 | Communication Services | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
Canadian Natural Resources
CNQ
$65.9B
| $246M | 0.17% | 3,232,031 -313,900 | -9% | -$23.9M |
|
102
Target
TGT
$43.6B
| $245M | 0.17% | 1,382,600 -60,800 | -4% | -$10.8M |
|
103
Illinois Tool Works
ITW
$77.1B
| $242M | 0.17% | 901,100 -44,500 | -5% | -$11.9M |
|
104
Chipotle Mexican Grill
CMG
$56.5B
| $239M | 0.17% | 82,200 -4,100 | -5% | -$11.9M |
|
105
Schlumberger
SLB
$55B
| $234M | 0.16% | 4,277,927 -166,200 | -4% | -$9.11M |
|
106
Southern Company
SO
$102B
| $234M | 0.16% | 3,266,100 -144,100 | -4% | -$10.3M |
|
107
Zoetis
ZTS
$69.3B
| $233M | 0.16% | 1,374,932 -64,500 | -4% | -$10.9M |
|
108
Equinix
EQIX
$76.9B
| $232M | 0.16% | 281,203 -11,400 | -4% | -$9.41M |
|
109
Enbridge
ENB
$105B
| $232M | 0.16% | 6,420,331 -491,000 | -7% | -$17.7M |
|
110
Altria Group
MO
$113B
| $231M | 0.16% | 5,296,700 -252,400 | -5% | -$11M |
|
111
Arista Networks
ANET
$172B
| $230M | 0.16% | 791,900 -31,000 | -4% | -$8.99M |
|
112
Marathon Petroleum
MPC
$54.6B
| $229M | 0.16% | 1,136,966 -113,400 | -9% | -$22.9M |
|
113
EOG Resources
EOG
$68.2B
| $223M | 0.16% | 1,746,300 -74,500 | -4% | -$9.52M |
|
114
Duke Energy
DUK
$95.3B
| $223M | 0.16% | 2,308,141 -101,800 | -4% | -$9.85M |
|
115
CSX Corp
CSX
$60.6B
| $219M | 0.15% | 5,918,000 -355,800 | -6% | -$13.2M |
|
116
CrowdStrike
CRWD
$106B
| $219M | 0.15% | 682,100 -24,800 | -4% | -$7.95M |
|
117
Canadian National Railway
CNI
$60.4B
| $217M | 0.15% | 1,649,700 -162,200 | -9% | -$21.4M |
|
118
Airbnb
ABNB
$79.9B
| $216M | 0.15% | 1,307,100 -26,100 | -2% | -$4.31M |
|
119
Phillips 66
PSX
$54B
| $215M | 0.15% | 1,317,550 -74,800 | -5% | -$12.2M |
|
120
Becton Dickinson
BDX
$55.3B
| $215M | 0.15% | 867,102 -40,100 | -4% | -$9.92M |
|
121
McKesson
MCK
$85.4B
| $214M | 0.15% | 398,450 -23,300 | -6% | -$12.5M |
|
122
Parker-Hannifin
PH
$96.2B
| $214M | 0.15% | 384,700 -16,900 | -4% | -$9.39M |
|
123
Colgate-Palmolive
CL
$67.9B
| $211M | 0.15% | 2,342,500 -113,300 | -5% | -$10.2M |
|
124
Amphenol
APH
$133B
| $207M | 0.14% | 1,791,800 -73,300 | -4% | -$8.46M |
|
125
Mercado Libre
MELI
$125B
| $206M | 0.14% | 136,300 -4,700 | -3% | -$7.11M |
|