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 |
NVIDIA
NVDA
|
$8.23B |
| 2 |
Chipotle Mexican Grill
CMG
|
$251M |
| 3 |
Exxon Mobil
XOM
|
$151M |
| 4 |
GE Vernova
GEV
|
$139M |
| 5 |
Amphenol
APH
|
$119M |
Top Sells
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
$184M |
| 2 |
Apple
AAPL
|
$117M |
| 3 |
Microsoft
MSFT
|
$110M |
| 4 |
Meta Platforms (Facebook)
META
|
$80.5M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$58.5M |
Sector Composition
| 1 | Technology | 33.84% |
| 2 | Healthcare | 12.16% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Communication Services | 9.35% |
| 5 | Industrials | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
CSX Corp
CSX
$60.6B
| $194M | 0.13% | 5,800,600 -117,400 | -2% | -$3.93M |
|
127
Canadian National Railway
CNI
$60.4B
| $193M | 0.13% | 1,634,100 -15,600 | -0.9% | -$1.84M |
|
128
Parker-Hannifin
PH
$96.2B
| $192M | 0.13% | 380,200 -4,500 | -1% | -$2.28M |
|
129
Motorola Solutions
MSI
$78.7B
| $190M | 0.13% | 493,243 -3,800 | -0.8% | -$1.47M |
|
130
Cintas
CTAS
$84.6B
| $189M | 0.13% | 270,400 -2,800 | -1% | -$1.96M |
|
131
HCA Healthcare
HCA
$94.5B
| $189M | 0.13% | 587,300 -13,800 | -2% | -$4.43M |
|
132
Constellation Energy
CEG
$96.2B
| $187M | 0.13% | 933,051 -23,300 | -2% | -$4.67M |
|
133
Emerson Electric
EMR
$74.3B
| $186M | 0.13% | 1,692,600 -14,800 | -0.9% | -$1.63M |
|
134
Marathon Petroleum
MPC
$54.6B
| $185M | 0.13% | 1,066,966 -70,000 | -6% | -$12.1M |
|
135
O'Reilly Automotive
ORLY
$88B
| $185M | 0.13% | 174,800 -2,300 | -1% | -$2.43M |
|
136
Northrop Grumman
NOC
$84.5B
| $182M | 0.12% | 416,745 -12,200 | -3% | -$5.32M |
|
137
Ecolab
ECL
$78.6B
| $181M | 0.12% | 761,994 -6,500 | -0.8% | -$1.55M |
|
138
Marvell Technology
MRVL
$54.2B
| $179M | 0.12% | 2,564,003 -24,900 | -1% | -$1.74M |
|
139
Pinduoduo
PDD
$171B
| $179M | 0.12% | 1,346,609 -3,100 | -0.2% | -$412K |
|
140
Phillips 66
PSX
$54B
| $179M | 0.12% | 1,266,750 -50,800 | -4% | -$7.17M |
|
141
Roper Technologies
ROP
$56.6B
| $179M | 0.12% | 316,900 -3,000 | -0.9% | -$1.69M |
|
142
Marriott International Class A Common Stock
MAR
$72.7B
| $176M | 0.12% | 728,538 -19,000 | -3% | -$4.59M |
|
143
Welltower
WELL
$113B
| $176M | 0.12% | 1,684,300 +26,700 | +2% | +$2.78M |
|
144
Aon
AON
$79.1B
| $173M | 0.12% | 587,800 -11,800 | -2% | -$3.46M |
|
145
PayPal
PYPL
$67.1B
| $172M | 0.12% | 2,960,800 -106,500 | -3% | -$6.18M |
|
146
Air Products & Chemicals
APD
$65.5B
| $170M | 0.12% | 658,200 -7,300 | -1% | -$1.88M |
|
147
3M
MMM
$82.8B
| $167M | 0.11% | 1,636,439 -17,600 | -1% | -$1.8M |
|
148
Arthur J. Gallagher & Co
AJG
$77.6B
| $166M | 0.11% | 641,800 -4,800 | -0.7% | -$1.24M |
|
149
Edwards Lifesciences
EW
$47.8B
| $164M | 0.11% | 1,780,300 -36,000 | -2% | -$3.33M |
|
150
Hilton Worldwide
HLT
$64.9B
| $162M | 0.11% | 744,179 -23,700 | -3% | -$5.17M |
|