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 |
Starbucks
SBUX
|
$81.5M |
| 2 |
Apple
AAPL
|
$61.5M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$44.6M |
| 4 |
Brookfield
BN
|
$43.9M |
| 5 |
AvalonBay Communities
AVB
|
$35.3M |
Top Sells
| 1 |
Qualcomm
QCOM
|
$48.4M |
| 2 |
Cencora
COR
|
$37.3M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
$30M |
| 5 |
Ecolab
ECL
|
$29M |
Sector Composition
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.54% |
| 3 | Industrials | 10.58% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
RAI
126
DELISTED
Reynolds American Inc
RAI
| $69.4M | 0.18% |
929,137
+52,090
| +6% | +$3.89M |
|
127
Welltower
WELL
$113B
| $69.1M | 0.18% |
1,053,466
+222,000
| +27% | +$14.6M |
|
128
Intuit
INTU
$186B
| $68.9M | 0.18% |
683,373
-39,400
| -5% | -$3.97M |
|
|
PX
129
DELISTED
Praxair Inc
PX
| $68.3M | 0.18% |
571,667
+15,900
| +3% | +$1.9M |
|
130
Clorox
CLX
$14.5B
| $67.9M | 0.18% |
652,292
-11,300
| -2% | -$1.18M |
|
131
Cigna
CI
$80.3B
| $67.6M | 0.18% |
416,974
+18,500
| +5% | +$3M |
|
132
Salesforce
CRM
$245B
| $67.4M | 0.17% |
967,772
+54,600
| +6% | +$3.8M |
|
133
Church & Dwight Co
CHD
$22.7B
| $67.4M | 0.17% |
830,408
-39,700
| -5% | -$3.22M |
|
|
134
Cencora
COR
$56.5B
| $67.2M | 0.17% |
632,281
-351,100
| -36% | -$37.3M |
|
135
Prudential Financial
PRU
$38.6B
| $67.2M | 0.17% |
767,787
+33,500
| +5% | +$2.93M |
|
136
Franco-Nevada
FNV
$36.3B
| $66M | 0.17% |
1,376,600
-7,600
| -0.5% | -$364K |
|
137
PG&E
PCG
$33.6B
| $65.9M | 0.17% |
1,342,424
+12,100
| +0.9% | +$594K |
|
138
Williams Companies
WMB
$70.7B
| $65.8M | 0.17% |
1,146,941
+65,200
| +6% | +$3.74M |
|
139
Adobe
ADBE
$151B
| $65.5M | 0.17% |
808,183
+86,400
| +12% | +$7M |
|
|
ALXN
140
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $65.4M | 0.17% |
361,541
+59,524
| +20% | +$10.8M |
|
141
Fiserv
FI
$75.1B
| $65.2M | 0.17% |
787,572
-9,600
| -1% | -$795K |
|
142
Waste Management
WM
$91.2B
| $64.8M | 0.17% |
1,398,103
+40,400
| +3% | +$1.87M |
|
|
APC
143
DELISTED
Anadarko Petroleum
APC
| $63.8M | 0.17% |
817,805
+46,300
| +6% | +$3.61M |
|
144
Yum! Brands
YUM
$40.8B
| $62.9M | 0.16% |
698,796
+32,600
| +5% | +$2.94M |
|
145
Wheaton Precious Metals
WPM
$45.6B
| $62.5M | 0.16% |
3,589,400
-28,800
| -0.8% | -$501K |
|
146
Regeneron Pharmaceuticals
REGN
$61.5B
| $62.1M | 0.16% |
121,800
+300
| +0.2% | +$153K |
|
147
Emerson Electric
EMR
$74.3B
| $61.3M | 0.16% |
1,105,473
+48,600
| +5% | +$2.69M |
|
148
Baxter International
BAX
$12.7B
| $61.2M | 0.16% |
875,751
+50,100
| +6% | +$3.5M |
|
149
Netflix
NFLX
$513B
| $60.9M | 0.16% |
92,775
+5,600
| +6% | +$3.68M |
|
150
Cognizant
CTSH
$35.3B
| $60.1M | 0.16% |
983,930
+56,300
| +6% | +$3.44M |
|