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 |
Visa
V
|
$55.5M |
| 2 |
Strategy Inc Common Stock Class A
MSTR
|
$35.4M |
| 3 |
International Paper
IP
|
$25.3M |
| 4 |
DoorDash
DASH
|
$21.9M |
| 5 |
Natera
NTRA
|
$17.1M |
Top Sells
| 1 |
Chevron
CVX
|
$712M |
| 2 |
Apple
AAPL
|
$120M |
| 3 |
Interactive Brokers
IBKR
|
$38.1M |
| 4 |
Globalstar
GSAT
|
$28.9M |
| 5 |
NVIDIA
NVDA
|
$24.4M |
Sector Composition
| 1 | Technology | 31.47% |
| 2 | Healthcare | 11.82% |
| 3 | Consumer Discretionary | 11.72% |
| 4 | Communication Services | 9.55% |
| 5 | Industrials | 9.09% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
126
Regeneron Pharmaceuticals
REGN
$61.5B
| $193M | 0.14% | 304,800 -1,500 | -0.5% | -$951K |
|
127
Chipotle Mexican Grill
CMG
$56.5B
| $193M | 0.14% | 3,843,100 -25,600 | -0.7% | -$1.29M |
|
128
Capital One
COF
$145B
| $193M | 0.14% | 1,075,100 -3,600 | -0.3% | -$645K |
|
129
Becton Dickinson
BDX
$55.3B
| $187M | 0.13% | 817,802 +1,200 | +0.1% | +$275K |
|
130
Synopsys
SNPS
$112B
| $187M | 0.13% | 436,000 +2,000 | +0.5% | +$858K |
|
131
Pinduoduo
PDD
$171B
| $187M | 0.13% | 1,577,244 +5,000 | +0.3% | +$592K |
|
132
Canadian Pacific Kansas City
CP
$69.9B
| $187M | 0.13% | 2,656,193 -52,800 | -2% | -$3.71M |
|
133
HCA Healthcare
HCA
$94.5B
| $185M | 0.13% | 535,800 -11,000 | -2% | -$3.8M |
|
134
Air Products & Chemicals
APD
$65.5B
| $185M | 0.13% | 627,200 -900 | -0.1% | -$265K |
|
135
Canadian Natural Resources
CNQ
$65.9B
| $185M | 0.13% | 6,004,762 -130,800 | -2% | -$4.03M |
|
|
136
Strategy Inc Common Stock Class A
MSTR
$94.8B
| $184M | 0.13% | 639,800 +122,800 | +24% | +$35.4M |
|
137
Ecolab
ECL
$78.6B
| $182M | 0.13% | 718,694 -4,700 | -0.6% | -$1.19M |
|
|
138
DoorDash
DASH
$105B
| $181M | 0.13% | 989,300 +120,000 | +14% | +$21.9M |
|
139
AutoZone
AZO
$70.2B
| $180M | 0.13% | 47,300 -900 | -2% | -$3.43M |
|
140
General Dynamics
GD
$87.3B
| $180M | 0.13% | 659,246 -600 | -0.1% | -$164K |
|
141
Roper Technologies
ROP
$56.6B
| $178M | 0.13% | 302,400 -400 | -0.1% | -$236K |
|
142
Constellation Energy
CEG
$96.2B
| $178M | 0.13% | 882,251 -1,000 | -0.1% | -$202K |
|
143
Fortinet
FTNT
$60.4B
| $177M | 0.12% | 1,837,500 +800 | +0% | +$77K |
|
144
Emerson Electric
EMR
$74.3B
| $176M | 0.12% | 1,606,300 -11,500 | -0.7% | -$1.26M |
|
145
PayPal
PYPL
$67.1B
| $175M | 0.12% | 2,686,200 -57,500 | -2% | -$3.75M |
|
146
Oneok
OKE
$48.1B
| $174M | 0.12% | 1,750,953 +101,065 | +6% | +$10M |
|
147
Travelers Companies
TRV
$61.1B
| $169M | 0.12% | 640,300 -3,600 | -0.6% | -$952K |
|
148
CRH
CRH
$75.9B
| $169M | 0.12% | 1,916,160 -12,700 | -0.7% | -$1.12M |
|
149
Schlumberger
SLB
$55B
| $166M | 0.12% | 3,982,827 -28,200 | -0.7% | -$1.18M |
|
150
Aflac
AFL
$57.2B
| $166M | 0.12% | 1,488,500 -14,400 | -1% | -$1.6M |
|