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 |
Intuitive Surgical
ISRG
|
$319M |
| 2 |
Arista Networks
ANET
|
$93.2M |
| 3 |
Microchip Technology
MCHP
|
$87.2M |
| 4 |
Rivian
RIVN
|
$68M |
| 5 |
Airbnb
ABNB
|
$66.4M |
Top Sells
| 1 |
Apple
AAPL
|
$560M |
| 2 |
Microsoft
MSFT
|
$389M |
| 3 |
Amazon
AMZN
|
$207M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$163M |
| 5 |
JD.com
JD
|
$154M |
Sector Composition
| 1 | Technology | 29.21% |
| 2 | Healthcare | 14% |
| 3 | Consumer Discretionary | 13.69% |
| 4 | Communication Services | 10.38% |
| 5 | Industrials | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
NXP Semiconductors
NXPI
$56.9B
| $230M | 0.14% |
1,007,728
-82,600
| -8% | -$18.8M |
|
127
Mercado Libre
MELI
$120B
| $229M | 0.14% |
170,149
-7,200
| -4% | -$9.71M |
|
128
Progressive
PGR
$144B
| $228M | 0.14% |
2,224,131
-89,600
| -4% | -$9.2M |
|
129
Humana
HUM
$37.5B
| $227M | 0.14% |
488,537
-21,600
| -4% | -$10M |
|
130
Public Storage
PSA
$51B
| $225M | 0.14% |
599,488
-23,300
| -4% | -$8.73M |
|
131
Johnson Controls International
JCI
$68.8B
| $220M | 0.13% |
2,707,008
-126,900
| -4% | -$10.3M |
|
132
Vertex Pharmaceuticals
VRTX
$101B
| $217M | 0.13% |
986,075
-37,600
| -4% | -$8.26M |
|
133
Exelon
EXC
$43.4B
| $215M | 0.13% |
3,716,648
-147,200
| -4% | -$8.5M |
|
134
Synopsys
SNPS
$109B
| $214M | 0.13% |
579,673
-23,600
| -4% | -$8.7M |
|
135
Idexx Laboratories
IDXX
$50.3B
| $213M | 0.13% |
323,436
-13,800
| -4% | -$9.09M |
|
136
Illumina
ILMN
$15.2B
| $212M | 0.13% |
557,647
-19,700
| -3% | -$7.49M |
|
137
Emerson Electric
EMR
$72.8B
| $211M | 0.13% |
2,272,186
-99,000
| -4% | -$9.2M |
|
138
Dollar General
DG
$24.2B
| $209M | 0.13% |
886,747
-47,200
| -5% | -$11.1M |
|
139
Palo Alto Networks
PANW
$128B
| $206M | 0.12% |
370,086
-15,000
| -4% | -$8.35M |
|
140
IQVIA
IQV
$31.2B
| $205M | 0.12% |
728,226
-29,600
| -4% | -$8.35M |
|
141
TE Connectivity
TEL
$60.7B
| $201M | 0.12% |
1,246,708
-59,100
| -5% | -$9.54M |
|
142
Simon Property Group
SPG
$58.5B
| $200M | 0.12% |
1,248,991
-50,100
| -4% | -$8M |
|
|
XLNX
143
DELISTED
Xilinx Inc
XLNX
| $199M | 0.12% |
940,568
-32,600
| -3% | -$6.91M |
|
144
Amphenol
APH
$133B
| $199M | 0.12% |
2,273,623
-89,400
| -4% | -$7.82M |
|
145
Workday
WDAY
$62.1B
| $198M | 0.12% |
726,075
-21,200
| -3% | -$5.79M |
|
146
DexCom
DXCM
$30.1B
| $197M | 0.12% |
367,744
-14,600
| -4% | -$7.84M |
|
147
EOG Resources
EOG
$66B
| $197M | 0.12% |
2,219,156
-88,500
| -4% | -$7.86M |
|
148
Roper Technologies
ROP
$55.9B
| $197M | 0.12% |
400,778
-15,600
| -4% | -$7.67M |
|
|
ATVI
149
DELISTED
Activision Blizzard Inc.
ATVI
| $197M | 0.12% |
2,956,045
-118,100
| -4% | -$7.86M |
|
150
Canadian Natural Resources
CNQ
$65B
| $196M | 0.12% |
4,661,987
-275,400
| -6% | -$11.6M |
|