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 |
Linde
LIN
|
$299M |
| 2 |
General Dynamics
GD
|
$129M |
| 3 |
TJX Companies
TJX
|
$120M |
| 4 |
Cigna
CI
|
$86.9M |
| 5 |
CVS Health
CVS
|
$75M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
$234M |
| 2 |
Northrop Grumman
NOC
|
$218M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
$170M |
| 4 |
PX
Praxair Inc
PX
|
$168M |
| 5 |
COL
Rockwell Collins
COL
|
$116M |
Sector Composition
| 1 | Technology | 18.92% |
| 2 | Healthcare | 16.26% |
| 3 | Consumer Discretionary | 11.53% |
| 4 | Communication Services | 10.14% |
| 5 | Industrials | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
126
General Dynamics
GD
$87.3B
| $129M | 0.17% | +820,546 | New | +$129M |
|
127
Aon
AON
$79.1B
| $129M | 0.17% | 884,671 +6,100 | +0.7% | +$887K |
|
128
Allstate
ALL
$53.6B
| $127M | 0.16% | 1,531,673 -5,300 | -0.3% | -$438K |
|
129
Ross Stores
ROST
$48.1B
| $126M | 0.16% | 1,513,492 +40,200 | +3% | +$3.34M |
|
130
NXP Semiconductors
NXPI
$59.2B
| $125M | 0.16% | 1,711,629 +11,000 | +0.6% | +$806K |
|
131
Illinois Tool Works
ITW
$77.1B
| $124M | 0.16% | 981,406 +8,300 | +0.9% | +$1.05M |
|
132
McCormick & Company Non-Voting
MKC
$18.9B
| $124M | 0.16% | 888,748 -3,200 | -0.4% | -$446K |
|
133
Phillips 66
PSX
$54B
| $124M | 0.16% | 1,434,714 +20,600 | +1% | +$1.77M |
|
134
Cognizant
CTSH
$35.3B
| $123M | 0.16% | 1,943,030 +15,300 | +0.8% | +$971K |
|
135
Emerson Electric
EMR
$74.3B
| $122M | 0.16% | 2,042,973 +31,600 | +2% | +$1.89M |
|
136
Amphenol
APH
$133B
| $121M | 0.16% | 1,498,850 +3,800 | +0.3% | +$308K |
|
137
Republic Services
RSG
$73B
| $121M | 0.16% | 1,681,148 -12,600 | -0.7% | -$908K |
|
138
Sysco
SYY
$38.5B
| $121M | 0.15% | 1,926,740 +19,400 | +1% | +$1.22M |
|
139
Equity Residential
EQR
$25.3B
| $121M | 0.15% | 1,826,420 +8,200 | +0.5% | +$541K |
|
140
Prologis
PLD
$106B
| $120M | 0.15% | 2,046,387 +39,000 | +2% | +$2.29M |
|
141
Micron Technology
MU
$133B
| $120M | 0.15% | 3,770,403 +68,000 | +2% | +$2.16M |
|
142
Aflac
AFL
$57.2B
| $119M | 0.15% | 2,611,190 +22,500 | +0.9% | +$1.03M |
|
143
Paychex
PAYX
$50.2B
| $117M | 0.15% | 1,800,003 +2,800 | +0.2% | +$182K |
|
144
WEC Energy
WEC
$34.3B
| $116M | 0.15% | 1,679,781 +5,000 | +0.3% | +$346K |
|
145
Air Products & Chemicals
APD
$65.5B
| $114M | 0.15% | 712,806 +13,000 | +2% | +$2.08M |
|
146
American International
AIG
$45.1B
| $114M | 0.15% | 2,888,256 +22,700 | +0.8% | +$895K |
|
147
Motorola Solutions
MSI
$78.7B
| $113M | 0.15% | 985,478 +500 | +0.1% | +$57.5K |
|
148
MetLife
MET
$54.1B
| $113M | 0.14% | 2,748,936 -9,400 | -0.3% | -$386K |
|
149
TC Energy
TRP
$54.1B
| $112M | 0.14% | 3,142,800 +17,200 | +0.6% | +$615K |
|
150
HCA Healthcare
HCA
$94.5B
| $112M | 0.14% | 900,222 +8,200 | +0.9% | +$1.02M |
|