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 |
Canadian National Railway
CNI
|
$75.7M |
| 2 |
CNH
CNH Industrial
CNH
|
$67.6M |
| 3 |
COLE
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
|
$43.4M |
| 4 |
Merck
MRK
|
$42M |
| 5 |
Qualcomm
QCOM
|
$36.1M |
Top Sells
| 1 |
Annaly Capital Management
NLY
|
$55.5M |
| 2 |
Bristol-Myers Squibb
BMY
|
$54.5M |
| 3 |
AGNC Investment
AGNC
|
$45M |
| 4 |
Realty Income
O
|
$39.8M |
| 5 |
Freeport-McMoran
FCX
|
$37.3M |
Sector Composition
| 1 | Technology | 13.28% |
| 2 | Healthcare | 12.93% |
| 3 | Energy | 11.94% |
| 4 | Industrials | 11.43% |
| 5 | Consumer Staples | 10.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Public Storage
PSA
$51.7B
| $52.6M | 0.21% | 349,235 -4,300 | -1% | -$647K |
|
127
Arch Capital
ACGL
$34.2B
| $52.4M | 0.2% | 878,041 -45,700 | -5% | -$2.73M |
|
128
Franco-Nevada
FNV
$36.3B
| $52.3M | 0.2% | 1,284,400 -68,400 | -5% | -$2.79M |
|
129
Hershey
HSY
$37.3B
| $51.9M | 0.2% | 533,626 -11,500 | -2% | -$1.12M |
|
130
McCormick & Company Non-Voting
MKC
$18.9B
| $51.8M | 0.2% | 751,348 -61,000 | -8% | -$4.2M |
|
131
Texas Instruments
TXN
$184B
| $51.5M | 0.2% | 1,173,194 -27,900 | -2% | -$1.23M |
|
132
Simon Property Group
SPG
$59B
| $50.3M | 0.2% | 330,698 -5,100 | -2% | -$776K |
|
133
EOG Resources
EOG
$68.2B
| $48.7M | 0.19% | 290,283 -4,400 | -1% | -$738K |
|
134
Danaher
DHR
$147B
| $48.6M | 0.19% | 630,044 -23,200 | -4% | -$1.79M |
|
135
Xcel Energy
XEL
$42.8B
| $48.2M | 0.19% | 1,723,687 -20,000 | -1% | -$559K |
|
136
Pembina Pipeline
PBA
$21.9B
| $47.8M | 0.19% | 1,358,050 +19,200 | +1% | +$676K |
|
137
Phillips 66
PSX
$54B
| $47.7M | 0.19% | 618,514 -18,500 | -3% | -$1.43M |
|
138
Teck Resources
TECK
$16.7B
| $47.5M | 0.19% | 1,826,979 -29,500 | -2% | -$768K |
|
|
AUY
139
DELISTED
Yamana Gold, Inc.
AUY
| $47.4M | 0.18% | 5,497,199 -74,800 | -1% | -$645K |
|
140
Dollar General
DG
$23.9B
| $46.9M | 0.18% | 777,125 +300,900 | +63% | +$18.2M |
|
141
Intuit
INTU
$186B
| $46.6M | 0.18% | 610,773 -8,000 | -1% | -$611K |
|
142
FedEx
FDX
$54.5B
| $46M | 0.18% | 319,968 -6,000 | -2% | -$863K |
|
143
Halliburton
HAL
$19.4B
| $45.7M | 0.18% | 900,997 -14,600 | -2% | -$741K |
|
144
Prudential Financial
PRU
$38.6B
| $45.5M | 0.18% | 493,387 -9,100 | -2% | -$839K |
|
145
Thomson Reuters
TRI
$80B
| $45.5M | 0.18% | 1,203,340 -6,500 | -0.5% | -$246K |
|
146
Fiserv
FI
$75.1B
| $45.3M | 0.18% | 767,272 +375,536 | +96% | +$22.2M |
|
147
McKesson
MCK
$85.4B
| $44M | 0.17% | 272,591 -2,100 | -0.8% | -$339K |
|
148
Federal Realty Investment Trust
FRT
$8.67B
| $43.9M | 0.17% | 432,722 -20,100 | -4% | -$2.04M |
|
|
AGU
149
DELISTED
Agrium
AGU
| $43.5M | 0.17% | 475,943 -12,300 | -3% | -$1.12M |
|
|
COLE
150
DELISTED
COLE REAL ESTATE INVESTMENTS, INC COM
COLE
| $43.4M | 0.17% | +3,092,000 | New | +$43.4M |
|