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 |
Teva Pharmaceuticals
TEVA
|
$132M |
| 2 |
Fortis
FTS
|
$68.5M |
| 3 |
Intuitive Surgical
ISRG
|
$45.9M |
| 4 |
Keurig Dr Pepper
KDP
|
$41M |
| 5 |
Monster Beverage
MNST
|
$33M |
Top Sells
| 1 |
Alcoa
AA
|
$95.4M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
$63.4M |
| 3 |
Hershey
HSY
|
$53.7M |
| 4 |
American Tower
AMT
|
$49M |
| 5 |
LLL
L3 Technologies, Inc.
LLL
|
$32.2M |
Sector Composition
| 1 | Technology | 15.56% |
| 2 | Healthcare | 14.34% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 10.4% |
| 5 | Communication Services | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Paychex
PAYX
$50.2B
| $113M | 0.18% | 1,853,603 -321,100 | -15% | -$19.5M |
|
|
127
Intuitive Surgical
ISRG
$170B
| $113M | 0.18% | 177,782 +72,400 | +69% | +$45.9M |
|
128
Canadian Pacific Kansas City
CP
$69.9B
| $111M | 0.18% | 782,000 -36,400 | -4% | -$5.19M |
|
129
Franco-Nevada
FNV
$36.3B
| $111M | 0.18% | 1,858,400 -51,300 | -3% | -$3.06M |
|
130
Kinder Morgan
KMI
$60B
| $109M | 0.17% | 5,284,869 +27,400 | +0.5% | +$567K |
|
131
Illinois Tool Works
ITW
$77.1B
| $109M | 0.17% | 890,906 -8,300 | -0.9% | -$1.02M |
|
132
Hewlett Packard
HPE
$29.6B
| $108M | 0.17% | 4,656,892 -132,200 | -3% | -$3.06M |
|
|
APC
133
DELISTED
Anadarko Petroleum
APC
| $108M | 0.17% | 1,542,005 +37,500 | +2% | +$2.61M |
|
134
Johnson Controls International
JCI
$69.9B
| $107M | 0.17% | 2,601,421 -26,000 | -1% | -$1.07M |
|
135
Fiserv
FI
$75.1B
| $106M | 0.17% | 1,001,872 +14,300 | +1% | +$1.52M |
|
|
PX
136
DELISTED
Praxair Inc
PX
| $105M | 0.17% | 897,667 +6,700 | +0.8% | +$785K |
|
137
Cigna
CI
$80.3B
| $104M | 0.16% | 777,374 +30,400 | +4% | +$4.06M |
|
138
Xcel Energy
XEL
$42.8B
| $100M | 0.16% | 2,458,483 +53,500 | +2% | +$2.18M |
|
139
Emerson Electric
EMR
$74.3B
| $99.9M | 0.16% | 1,792,373 +9,200 | +0.5% | +$513K |
|
140
eBay
EBAY
$41.4B
| $99.6M | 0.16% | 3,356,291 -22,900 | -0.7% | -$680K |
|
141
Humana
HUM
$36.5B
| $99.3M | 0.16% | 486,626 +74,000 | +18% | +$15.1M |
|
142
Constellation Brands
STZ
$28.5B
| $99.2M | 0.16% | 647,016 +158,500 | +32% | +$24.3M |
|
143
Travelers Companies
TRV
$61.1B
| $98.3M | 0.16% | 803,316 -8,900 | -1% | -$1.09M |
|
144
Agnico Eagle Mines
AEM
$72.4B
| $98M | 0.15% | 2,331,853 -38,700 | -2% | -$1.63M |
|
145
Applied Materials
AMAT
$128B
| $97.7M | 0.15% | 3,028,522 -18,600 | -0.6% | -$600K |
|
146
Marsh & McLennan
MMC
$101B
| $97.7M | 0.15% | 1,445,563 +900 | +0.1% | +$60.8K |
|
|
YHOO
147
DELISTED
Yahoo Inc
YHOO
| $97.4M | 0.15% | 2,518,474 +19,100 | +0.8% | +$739K |
|
148
Clorox
CLX
$14.5B
| $96.5M | 0.15% | 804,392 +22,700 | +3% | +$2.72M |
|
149
Allstate
ALL
$53.6B
| $96M | 0.15% | 1,294,973 +254,700 | +24% | +$18.9M |
|
150
Kellanova
K
$27.6B
| $95.8M | 0.15% | 1,299,889 +65,000 | +5% | +$4.79M |
|