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
|
$757M |
| 2 |
Microsoft
MSFT
|
$725M |
| 3 |
Apple
AAPL
|
$628M |
| 4 |
Amazon
AMZN
|
$487M |
| 5 |
Meta Platforms (Facebook)
META
|
$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
$121M |
| 2 |
KE Holdings
BEKE
|
$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
$24.4M |
| 4 |
X
US Steel
X
|
$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Sea Limited
SE
$110B
| $193M | 0.12% | 1,206,200 +182,800 | +18% | +$29.2M |
|
152
Air Products & Chemicals
APD
$65.7B
| $190M | 0.11% | 673,400 +46,200 | +7% | +$13M |
|
153
CRH
CRH
$76B
| $188M | 0.11% | 2,051,760 +135,600 | +7% | +$12.4M |
|
154
AutoZone
AZO
$70.2B
| $188M | 0.11% | 50,700 +3,400 | +7% | +$12.6M |
|
155
CSX Corp
CSX
$60.9B
| $187M | 0.11% | 5,735,200 +296,400 | +5% | +$9.67M |
|
156
Ferrari
RACE
$85.4B
| $186M | 0.11% | 382,188 +15,425 | +4% | +$7.52M |
|
157
Roper Technologies
ROP
$56.7B
| $184M | 0.11% | 325,100 +22,700 | +8% | +$12.9M |
|
158
Travelers Companies
TRV
$60.8B
| $184M | 0.11% | 685,900 +45,600 | +7% | +$12.2M |
|
159
Cloudflare
NET
$74.4B
| $183M | 0.11% | 934,600 +72,400 | +8% | +$14.2M |
|
160
Axon Enterprise
AXON
$61.4B
| $182M | 0.11% | 220,300 +16,000 | +8% | +$13.2M |
|
161
Agnico Eagle Mines
AEM
$69.9B
| $181M | 0.11% | 1,529,258 +102,000 | +7% | +$12.1M |
|
162
Kinder Morgan
KMI
$60B
| $178M | 0.11% | 6,053,574 +414,300 | +7% | +$12.2M |
|
163
Digital Realty Trust
DLR
$57.5B
| $178M | 0.11% | 1,019,349 +83,800 | +9% | +$14.6M |
|
164
Norfolk Southern
NSC
$62.3B
| $175M | 0.11% | 684,700 +46,600 | +7% | +$11.9M |
|
165
Airbnb
ABNB
$79.9B
| $175M | 0.1% | 1,318,900 +98,000 | +8% | +$13M |
|
166
Carrier Global
CARR
$56.3B
| $172M | 0.1% | 2,353,885 +76,400 | +3% | +$5.59M |
|
167
Apollo Global Management
APO
$78B
| $172M | 0.1% | 1,208,914 +91,800 | +8% | +$13M |
|
168
Roblox
RBLX
$88B
| $171M | 0.1% | 1,620,900 +250,100 | +18% | +$26.3M |
|
169
Regeneron Pharmaceuticals
REGN
$61.4B
| $170M | 0.1% | 323,700 +18,900 | +6% | +$9.92M |
|
170
Quanta Services
PWR
$57.5B
| $170M | 0.1% | 448,535 +32,200 | +8% | +$12.2M |
|
171
Canadian National Railway
CNI
$60B
| $169M | 0.1% | 1,623,400 +102,300 | +7% | +$10.6M |
|
172
NXP Semiconductors
NXPI
$60.3B
| $168M | 0.1% | 767,729 +51,000 | +7% | +$11.1M |
|
173
American Electric Power
AEP
$59.8B
| $168M | 0.1% | 1,616,500 +114,500 | +8% | +$11.9M |
|
174
Cencora
COR
$56.2B
| $167M | 0.1% | 557,600 +67,000 | +14% | +$20.1M |
|
175
Manulife Financial
MFC
$52.1B
| $167M | 0.1% | 5,236,800 +316,800 | +6% | +$10.1M |
|