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 |
Visa
V
|
$55.5M |
| 2 |
Strategy Inc Common Stock Class A
MSTR
|
$35.4M |
| 3 |
International Paper
IP
|
$25.3M |
| 4 |
DoorDash
DASH
|
$21.9M |
| 5 |
Natera
NTRA
|
$17.1M |
Top Sells
| 1 |
Chevron
CVX
|
$712M |
| 2 |
Apple
AAPL
|
$120M |
| 3 |
Interactive Brokers
IBKR
|
$38.1M |
| 4 |
Globalstar
GSAT
|
$28.9M |
| 5 |
NVIDIA
NVDA
|
$24.4M |
Sector Composition
| 1 | Technology | 31.47% |
| 2 | Healthcare | 11.82% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Communication Services | 9.55% |
| 5 | Industrials | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
101
McKesson
MCK
$85.4B
| $241M | 0.17% | 358,050 -8,300 | -2% | -$5.59M |
|
102
CVS Health
CVS
$92.8B
| $240M | 0.17% | 3,549,260 -4,500 | -0.1% | -$305K |
|
103
GE Vernova
GEV
$167B
| $237M | 0.17% | 777,365 +1,000 | +0.1% | +$305K |
|
104
Spotify
SPOT
$140B
| $237M | 0.17% | 430,300 +7,400 | +2% | +$4.07M |
|
105
Sherwin-Williams
SHW
$91.2B
| $236M | 0.17% | 674,900 -2,100 | -0.3% | -$733K |
|
106
Arista Networks
ANET
$172B
| $234M | 0.17% | 3,020,100 +2,600 | +0.1% | +$201K |
|
107
O'Reilly Automotive
ORLY
$88B
| $233M | 0.16% | 162,800 -1,000 | -0.6% | -$1.43M |
|
108
United Parcel Service
UPS
$74.1B
| $227M | 0.16% | 2,062,700 -6,600 | -0.3% | -$726K |
|
109
3M
MMM
$82.8B
| $226M | 0.16% | 1,535,839 -16,100 | -1% | -$2.36M |
|
110
Amphenol
APH
$133B
| $223M | 0.16% | 3,400,300 -1,700 | -0% | -$112K |
|
111
Equinix
EQIX
$76.9B
| $222M | 0.16% | 272,203 +3,900 | +1% | +$3.18M |
|
112
Parker-Hannifin
PH
$96.2B
| $221M | 0.16% | 363,000 -500 | -0.1% | -$304K |
|
113
TransDigm Group
TDG
$78.8B
| $219M | 0.16% | 158,600 +100 | +0.1% | +$138K |
|
114
Aon
AON
$79.1B
| $219M | 0.15% | 549,000 -3,300 | -0.6% | -$1.32M |
|
115
Trane Technologies
TT
$92.5B
| $214M | 0.15% | 634,603 -2,900 | -0.5% | -$977K |
|
116
Nike
NKE
$114B
| $211M | 0.15% | 3,331,700 -31,700 | -0.9% | -$2.01M |
|
117
Cintas
CTAS
$84.6B
| $211M | 0.15% | 1,024,300 -1,000 | -0.1% | -$206K |
|
118
Zoetis
ZTS
$69.3B
| $210M | 0.15% | 1,272,432 -7,500 | -0.6% | -$1.23M |
|
119
Illinois Tool Works
ITW
$77.1B
| $207M | 0.15% | 832,800 -6,000 | -0.7% | -$1.49M |
|
120
Motorola Solutions
MSI
$78.7B
| $206M | 0.15% | 471,343 | – | – |
|
121
Williams Companies
WMB
$70.7B
| $205M | 0.15% | 3,438,000 -5,500 | -0.2% | -$329K |
|
122
Colgate-Palmolive
CL
$67.9B
| $205M | 0.14% | 2,189,100 -3,700 | -0.2% | -$347K |
|
123
EOG Resources
EOG
$68.2B
| $203M | 0.14% | 1,579,400 -26,900 | -2% | -$3.45M |
|
124
Northrop Grumman
NOC
$84.5B
| $200M | 0.14% | 390,345 -2,100 | -0.5% | -$1.08M |
|
125
Cadence Design Systems
CDNS
$95.5B
| $197M | 0.14% | 773,500 -100 | -0% | -$25.4K |
|