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 |
Apple
AAPL
|
$430M |
| 2 |
Microsoft
MSFT
|
$312M |
| 3 |
Exxon Mobil
XOM
|
$258M |
| 4 |
GE Aerospace
GE
|
$224M |
| 5 |
Johnson & Johnson
JNJ
|
$221M |
Top Sells
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
$54.7M |
| 4 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
$20M |
| 5 |
TW
TOWERS WATSON & CO COM STK CL A (DE)
TW
|
$16.1M |
Sector Composition
| 1 | Technology | 14.87% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.32% |
| 5 | Industrials | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Fiserv
FI
$75.1B
| $95.9M | 0.18% | 975,572 +147,700 | +18% | +$14.5M |
|
127
Elevance Health
ELV
$71.8B
| $95.9M | 0.18% | 719,941 +202,500 | +39% | +$27M |
|
128
Cognizant
CTSH
$35.3B
| $94.9M | 0.17% | 1,579,730 +472,400 | +43% | +$28.4M |
|
129
Xcel Energy
XEL
$42.8B
| $93.8M | 0.17% | 2,341,283 +370,800 | +19% | +$14.9M |
|
130
Clorox
CLX
$14.5B
| $93M | 0.17% | 769,892 +91,600 | +14% | +$11.1M |
|
|
PX
131
DELISTED
Praxair Inc
PX
| $92.5M | 0.17% | 843,167 +216,300 | +35% | +$23.7M |
|
|
RTN
132
DELISTED
Raytheon Company
RTN
| $91.9M | 0.17% | 782,245 +230,800 | +42% | +$27.1M |
|
133
Magna International
MGA
$12.9B
| $91.7M | 0.17% | 2,209,600 +401,500 | +22% | +$16.7M |
|
134
Emerson Electric
EMR
$74.3B
| $88.6M | 0.16% | 1,700,473 +507,100 | +42% | +$26.4M |
|
135
Travelers Companies
TRV
$61.1B
| $88.4M | 0.16% | 790,316 +224,600 | +40% | +$25.1M |
|
136
Alibaba
BABA
$322B
| $88.2M | 0.16% | 1,115,824 +209,821 | +23% | +$16.6M |
|
137
Kroger
KR
$44.9B
| $88.1M | 0.16% | 2,402,496 +710,300 | +42% | +$26M |
|
138
Cigna
CI
$80.3B
| $88M | 0.16% | 669,274 +201,500 | +43% | +$26.5M |
|
139
Yum! Brands
YUM
$40.8B
| $87.9M | 0.16% | 1,120,296 +337,000 | +43% | +$26.4M |
|
140
Kellanova
K
$27.6B
| $87.1M | 0.16% | 1,187,289 +197,000 | +20% | +$14.5M |
|
141
Northrop Grumman
NOC
$84.5B
| $85.3M | 0.16% | 449,984 +126,700 | +39% | +$24M |
|
142
Ventas
VTR
$30.9B
| $85M | 0.16% | 1,409,280 +254,900 | +22% | +$15.4M |
|
143
Kinder Morgan
KMI
$60B
| $84.4M | 0.15% | 4,927,869 +1,542,800 | +46% | +$26.4M |
|
144
O'Reilly Automotive
ORLY
$88B
| $84.1M | 0.15% | 320,741 +73,700 | +30% | +$19.3M |
|
145
Church & Dwight Co
CHD
$22.7B
| $84.1M | 0.15% | 951,408 +87,500 | +10% | +$7.73M |
|
146
Illinois Tool Works
ITW
$77.1B
| $83.5M | 0.15% | 850,006 +251,300 | +42% | +$24.7M |
|
|
YHOO
147
DELISTED
Yahoo Inc
YHOO
| $82.2M | 0.15% | 2,330,774 +705,900 | +43% | +$24.9M |
|
148
Exelon
EXC
$44.1B
| $82.1M | 0.15% | 2,389,030 +823,700 | +53% | +$28.3M |
|
149
LyondellBasell Industries
LYB
$18.1B
| $81.4M | 0.15% | 992,474 +273,500 | +38% | +$22.4M |
|
|
TFCFA
150
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $81.3M | 0.15% | 3,041,599 +823,400 | +37% | +$22M |
|