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 |
CRH
CRH
|
$150M |
| 2 |
Kenvue
KVUE
|
$98.9M |
| 3 |
Sempra
SRE
|
$60.4M |
| 4 |
Copart
CPRT
|
$52.4M |
| 5 |
Textron
TXT
|
$50.7M |
Top Sells
| 1 |
Apple
AAPL
|
$1.12B |
| 2 |
Microsoft
MSFT
|
$890M |
| 3 |
Amazon
AMZN
|
$463M |
| 4 |
NVIDIA
NVDA
|
$425M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$316M |
Sector Composition
| 1 | Technology | 29.44% |
| 2 | Healthcare | 13.62% |
| 3 | Consumer Discretionary | 11.97% |
| 4 | Industrials | 9.14% |
| 5 | Communication Services | 8.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
O'Reilly Automotive
ORLY
$88B
| $178M | 0.14% |
195,800
-26,500
| -12% | -$24.1M |
|
127
Emerson Electric
EMR
$74.3B
| $178M | 0.14% |
1,838,200
-225,600
| -11% | -$21.8M |
|
128
Phillips 66
PSX
$54B
| $177M | 0.14% |
1,476,050
-188,600
| -11% | -$22.7M |
|
|
PXD
129
DELISTED
Pioneer Natural Resource Co.
PXD
| $173M | 0.14% |
751,924
-92,300
| -11% | -$21.2M |
|
130
NXP Semiconductors
NXPI
$59.2B
| $167M | 0.13% |
835,529
-102,600
| -11% | -$20.5M |
|
131
3M
MMM
$82.8B
| $166M | 0.13% |
1,774,439
-217,200
| -11% | -$20.3M |
|
132
Roper Technologies
ROP
$56.6B
| $166M | 0.13% |
342,900
-40,700
| -11% | -$19.7M |
|
133
General Dynamics
GD
$87.3B
| $166M | 0.13% |
750,146
-93,200
| -11% | -$20.6M |
|
134
Valero Energy
VLO
$47.2B
| $165M | 0.13% |
1,162,900
-165,600
| -12% | -$23.5M |
|
135
Target
TGT
$43.6B
| $164M | 0.13% |
1,484,600
-178,100
| -11% | -$19.7M |
|
136
HCA Healthcare
HCA
$94.5B
| $163M | 0.13% |
663,900
-87,100
| -12% | -$21.4M |
|
137
Marriott International Class A Common Stock
MAR
$72.7B
| $163M | 0.13% |
829,438
-118,800
| -13% | -$23.4M |
|
138
Chipotle Mexican Grill
CMG
$56.5B
| $163M | 0.13% |
88,800
-11,000
| -11% | -$20.2M |
|
139
Amphenol
APH
$133B
| $161M | 0.13% |
1,914,700
-235,100
| -11% | -$19.7M |
|
140
Parker-Hannifin
PH
$96.2B
| $161M | 0.13% |
412,700
-50,500
| -11% | -$19.7M |
|
141
Arthur J. Gallagher & Co
AJG
$77.6B
| $157M | 0.12% |
689,100
-84,000
| -11% | -$19.1M |
|
142
Ford
F
$46.8B
| $157M | 0.12% |
12,640,486
-1,550,200
| -11% | -$19.3M |
|
143
Arista Networks
ANET
$172B
| $155M | 0.12% |
842,900
-97,600
| -10% | -$18M |
|
144
Suncor Energy
SU
$50.1B
| $153M | 0.12% |
4,417,892
-592,400
| -12% | -$20.5M |
|
|
145
CRH
CRH
$75.9B
| $150M | 0.12% |
+2,712,293
| New | +$150M |
|
146
Marvell Technology
MRVL
$54.2B
| $150M | 0.12% |
2,766,103
-328,700
| -11% | -$17.8M |
|
147
TransDigm Group
TDG
$78.8B
| $149M | 0.12% |
176,600
-20,600
| -10% | -$17.4M |
|
148
Trane Technologies
TT
$92.5B
| $149M | 0.12% |
733,603
-93,700
| -11% | -$19M |
|
149
AutoZone
AZO
$70.2B
| $148M | 0.12% |
58,400
-8,100
| -12% | -$20.6M |
|
150
Carrier Global
CARR
$55.5B
| $148M | 0.12% |
2,685,185
-330,400
| -11% | -$18.2M |
|