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 |
NVIDIA
NVDA
|
$757M |
| 2 |
Microsoft
MSFT
|
$725M |
| 3 |
Apple
AAPL
|
$628M |
| 4 |
Amazon
AMZN
|
$487M |
| 5 |
Meta Platforms (Facebook)
META
|
$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
$121M |
| 2 |
KE Holdings
BEKE
|
$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
$24.4M |
| 4 |
X
US Steel
X
|
$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Emerson Electric
EMR
$75.7B
| $228M | 0.14% | 1,707,000 +100,700 | +6% | +$13.4M |
|
127
United Parcel Service
UPS
$74B
| $224M | 0.13% | 2,220,400 +157,700 | +8% | +$15.9M |
|
128
Canadian Pacific Kansas City
CP
$70B
| $224M | 0.13% | 2,826,993 +170,800 | +6% | +$13.5M |
|
129
Howmet Aerospace
HWM
$71B
| $217M | 0.13% | 1,164,784 +76,300 | +7% | +$14.2M |
|
130
Snowflake
SNOW
$80.4B
| $215M | 0.13% | 960,800 +123,000 | +15% | +$27.5M |
|
131
HCA Healthcare
HCA
$95.3B
| $214M | 0.13% | 558,900 +23,100 | +4% | +$8.85M |
|
132
Motorola Solutions
MSI
$78.3B
| $212M | 0.13% | 505,243 +33,900 | +7% | +$14.3M |
|
133
Colgate-Palmolive
CL
$67.4B
| $212M | 0.13% | 2,332,400 +143,300 | +7% | +$13M |
|
134
PayPal
PYPL
$66.9B
| $211M | 0.13% | 2,844,900 +158,700 | +6% | +$11.8M |
|
135
Johnson Controls International
JCI
$71.1B
| $211M | 0.13% | 1,998,381 +130,800 | +7% | +$13.8M |
|
136
Zoetis
ZTS
$68.6B
| $211M | 0.13% | 1,350,332 +77,900 | +6% | +$12.1M |
|
137
Aon
AON
$79B
| $210M | 0.13% | 588,400 +39,400 | +7% | +$14.1M |
|
138
Fortinet
FTNT
$60.8B
| $209M | 0.13% | 1,979,100 +141,600 | +8% | +$15M |
|
139
Illinois Tool Works
ITW
$77.5B
| $209M | 0.13% | 844,000 +11,200 | +1% | +$2.77M |
|
140
Ecolab
ECL
$79.1B
| $208M | 0.12% | 772,694 +54,000 | +8% | +$14.5M |
|
141
Northrop Grumman
NOC
$84.2B
| $207M | 0.12% | 414,545 +24,200 | +6% | +$12.1M |
|
142
Marvell Technology
MRVL
$66.6B
| $203M | 0.12% | 2,621,603 +181,100 | +7% | +$14M |
|
143
General Dynamics
GD
$87.4B
| $201M | 0.12% | 690,546 +31,300 | +5% | +$9.13M |
|
144
Canadian Natural Resources
CNQ
$65.5B
| $200M | 0.12% | 6,379,462 +374,700 | +6% | +$11.7M |
|
145
EOG Resources
EOG
$67.9B
| $200M | 0.12% | 1,669,600 +90,200 | +6% | +$10.8M |
|
146
Autodesk
ADSK
$61.7B
| $200M | 0.12% | 644,800 +38,400 | +6% | +$11.9M |
|
147
Vistra
VST
$66.6B
| $200M | 0.12% | 1,029,773 +70,300 | +7% | +$13.6M |
|
148
Newmont
NEM
$80.2B
| $199M | 0.12% | 3,412,405 +201,400 | +6% | +$11.7M |
|
149
Marriott International Class A Common Stock
MAR
$73.4B
| $194M | 0.12% | 708,538 +42,300 | +6% | +$11.6M |
|
150
Hilton Worldwide
HLT
$65B
| $193M | 0.12% | 725,379 +37,900 | +6% | +$10.1M |
|