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
|
$1.44B |
| 2 |
Microsoft
MSFT
|
$1.16B |
| 3 |
Amazon
AMZN
|
$797M |
| 4 |
Tesla
TSLA
|
$537M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$441M |
Top Sells
| 1 |
XLNX
Xilinx Inc
XLNX
|
$199M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$191M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
$62.8M |
| 4 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
$43.9M |
| 5 |
ATH
Athene Holding Ltd. Class A Common Shares
ATH
|
$42.6M |
Sector Composition
| 1 | Technology | 28.24% |
| 2 | Healthcare | 14.22% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Communication Services | 9.52% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Moderna
MRNA
$9.37B
| $257M | 0.15% | 1,492,700 +188,600 | +14% | +$32.5M |
|
127
Marvell Technology
MRVL
$54.2B
| $256M | 0.14% | 3,567,301 +436,800 | +14% | +$31.3M |
|
128
FedEx
FDX
$54.5B
| $253M | 0.14% | 1,093,065 +131,900 | +14% | +$30.5M |
|
129
Emerson Electric
EMR
$74.3B
| $253M | 0.14% | 2,576,686 +304,500 | +13% | +$29.9M |
|
|
PXD
130
DELISTED
Pioneer Natural Resource Co.
PXD
| $251M | 0.14% | 1,004,558 +123,700 | +14% | +$30.9M |
|
131
Schlumberger
SLB
$55B
| $251M | 0.14% | 6,075,169 +759,800 | +14% | +$31.4M |
|
132
General Dynamics
GD
$87.3B
| $248M | 0.14% | 1,027,954 +124,900 | +14% | +$30.1M |
|
133
General Motors
GM
$55.8B
| $248M | 0.14% | 5,659,563 +693,400 | +14% | +$30.3M |
|
134
TC Energy
TRP
$54.1B
| $246M | 0.14% | 4,357,823 +505,700 | +13% | +$28.5M |
|
135
Humana
HUM
$36.5B
| $242M | 0.14% | 556,737 +68,200 | +14% | +$29.7M |
|
136
KLA
KLAC
$115B
| $240M | 0.14% | 656,721 +76,100 | +13% | +$27.9M |
|
137
Air Products & Chemicals
APD
$65.5B
| $240M | 0.14% | 959,148 +117,800 | +14% | +$29.4M |
|
138
Mercado Libre
MELI
$125B
| $234M | 0.13% | 196,749 +26,600 | +16% | +$31.6M |
|
139
Sempra
SRE
$53.9B
| $233M | 0.13% | 1,383,089 +169,300 | +14% | +$28.5M |
|
140
Occidental Petroleum
OXY
$46.9B
| $230M | 0.13% | 4,045,341 +496,500 | +14% | +$28.2M |
|
141
Marathon Petroleum
MPC
$54.6B
| $228M | 0.13% | 2,666,236 +240,500 | +10% | +$20.6M |
|
142
American International
AIG
$45.1B
| $226M | 0.13% | 3,596,197 +345,700 | +11% | +$21.7M |
|
143
Dollar General
DG
$23.9B
| $225M | 0.13% | 1,010,547 +123,800 | +14% | +$27.6M |
|
144
Uber
UBER
$196B
| $225M | 0.13% | 6,302,431 +1,646,900 | +35% | +$58.8M |
|
145
Illumina
ILMN
$15.8B
| $225M | 0.13% | 643,147 +85,500 | +15% | +$29.9M |
|
146
Synopsys
SNPS
$112B
| $220M | 0.12% | 660,573 +80,900 | +14% | +$27M |
|
147
Airbnb
ABNB
$79.9B
| $219M | 0.12% | 1,276,905 +381,600 | +43% | +$65.5M |
|
148
Archer Daniels Midland
ADM
$30.1B
| $219M | 0.12% | 2,423,162 +297,000 | +14% | +$26.8M |
|
149
American Electric Power
AEP
$59.4B
| $218M | 0.12% | 2,181,492 +280,000 | +15% | +$27.9M |
|
150
MetLife
MET
$54.1B
| $218M | 0.12% | 3,096,791 +328,300 | +12% | +$23.1M |
|