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 |
NextEra Energy, Inc.
NEE
|
$514M |
| 2 |
McCormick & Company Non-Voting
MKC
|
$81.8M |
| 3 |
NetEase
NTES
|
$79M |
| 4 |
Viatris
VTRS
|
$53.9M |
| 5 |
Pinduoduo
PDD
|
$46.6M |
Top Sells
| 1 |
Apple
AAPL
|
$385M |
| 2 |
Microsoft
MSFT
|
$198M |
| 3 |
Amazon
AMZN
|
$138M |
| 4 |
VER
VEREIT, Inc.
VER
|
$128M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$76.7M |
Sector Composition
| 1 | Technology | 26.42% |
| 2 | Healthcare | 14.37% |
| 3 | Consumer Discretionary | 13.81% |
| 4 | Communication Services | 10.63% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Aon
AON
$79.1B
| $206M | 0.15% | 977,049 -22,100 | -2% | -$4.67M |
|
127
Analog Devices
ADI
$124B
| $206M | 0.15% | 1,394,897 -39,200 | -3% | -$5.79M |
|
128
Illumina
ILMN
$15.8B
| $204M | 0.15% | 551,413 -20,800 | -4% | -$7.7M |
|
129
General Motors
GM
$55.8B
| $203M | 0.14% | 4,863,515 -149,800 | -3% | -$6.24M |
|
130
Boston Scientific
BSX
$156B
| $202M | 0.14% | 5,622,225 -145,000 | -3% | -$5.21M |
|
131
Paychex
PAYX
$50.2B
| $200M | 0.14% | 2,145,609 -16,600 | -0.8% | -$1.55M |
|
132
Electronic Arts
EA
$43B
| $199M | 0.14% | 1,385,515 +163,200 | +13% | +$23.4M |
|
133
Public Storage
PSA
$51.7B
| $199M | 0.14% | 860,194 -12,300 | -1% | -$2.84M |
|
134
DuPont de Nemours
DD
$32.2B
| $197M | 0.14% | 2,770,903 -85,300 | -3% | -$6.07M |
|
135
Baxter International
BAX
$12.7B
| $194M | 0.14% | 2,412,025 -58,100 | -2% | -$4.66M |
|
136
Franco-Nevada
FNV
$36.3B
| $192M | 0.14% | 1,529,800 -56,800 | -4% | -$7.13M |
|
137
Motorola Solutions
MSI
$78.7B
| $192M | 0.14% | 1,127,719 -9,900 | -0.9% | -$1.68M |
|
138
Clorox
CLX
$14.5B
| $191M | 0.14% | 947,987 -3,000 | -0.3% | -$606K |
|
139
JD.com
JD
$44.1B
| $189M | 0.13% | 2,151,870 +8,900 | +0.4% | +$782K |
|
140
Canadian Pacific Kansas City
CP
$69.9B
| $188M | 0.13% | 543,100 -26,900 | -5% | -$9.34M |
|
141
American Electric Power
AEP
$59.4B
| $188M | 0.13% | 2,258,242 -47,000 | -2% | -$3.91M |
|
142
Uber
UBER
$196B
| $186M | 0.13% | 3,639,929 -72,300 | -2% | -$3.69M |
|
143
Ross Stores
ROST
$48.1B
| $185M | 0.13% | 1,506,898 -137,200 | -8% | -$16.8M |
|
144
Consolidated Edison
ED
$35.4B
| $182M | 0.13% | 2,521,908 -15,100 | -0.6% | -$1.09M |
|
145
Eaton
ETN
$136B
| $182M | 0.13% | 1,510,900 -46,100 | -3% | -$5.54M |
|
146
Emerson Electric
EMR
$74.3B
| $181M | 0.13% | 2,256,521 -69,200 | -3% | -$5.56M |
|
147
General Mills
GIS
$26.4B
| $179M | 0.13% | 3,039,152 -36,300 | -1% | -$2.13M |
|
148
Allstate
ALL
$53.6B
| $177M | 0.13% | 1,611,061 -33,800 | -2% | -$3.72M |
|
149
Synopsys
SNPS
$112B
| $176M | 0.13% | 679,798 -11,800 | -2% | -$3.06M |
|
150
WEC Energy
WEC
$34.3B
| $174M | 0.12% | 1,891,899 -21,400 | -1% | -$1.97M |
|