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
|
$419M |
| 2 |
Exxon Mobil
XOM
|
$203M |
| 3 |
Visa
V
|
$192M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$188M |
| 5 |
Microsoft
MSFT
|
$187M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
$58.6M |
| 2 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
$43M |
| 3 |
BCE
BCE
|
$36.9M |
| 4 |
PETM
PETSMART INC
PETM
|
$11.8M |
| 5 |
CFN
CAREFUSION CORPORATION
CFN
|
$11.2M |
Sector Composition
| 1 | Healthcare | 15.69% |
| 2 | Technology | 14.65% |
| 3 | Industrials | 10.83% |
| 4 | Consumer Discretionary | 9.64% |
| 5 | Consumer Staples | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
McCormick & Company Non-Voting
MKC
$18.9B
| $57.4M | 0.15% | 743,748 +10,400 | +1% | +$802K |
|
|
AET
152
DELISTED
Aetna Inc
AET
| $57.1M | 0.15% | 536,338 +206,600 | +63% | +$22M |
|
153
Hershey
HSY
$37.3B
| $57.1M | 0.15% | 565,826 +54,500 | +11% | +$5.5M |
|
|
AGU
154
DELISTED
Agrium
AGU
| $56.6M | 0.15% | 545,743 +101,300 | +23% | +$10.5M |
|
155
Halliburton
HAL
$19.4B
| $56.6M | 0.15% | 1,289,997 +499,200 | +63% | +$21.9M |
|
156
Baxter International
BAX
$12.7B
| $56.6M | 0.15% | 825,651 +322,000 | +64% | +$22.1M |
|
157
Chubb
CB
$110B
| $56.3M | 0.15% | 505,351 +193,400 | +62% | +$21.6M |
|
158
Northrop Grumman
NOC
$84.5B
| $55.9M | 0.15% | 347,084 +141,100 | +69% | +$22.7M |
|
159
Thomson Reuters
TRI
$80B
| $55.2M | 0.15% | 1,366,940 +250,800 | +22% | +$10.1M |
|
160
Illinois Tool Works
ITW
$77.1B
| $55M | 0.15% | 565,806 +215,600 | +62% | +$20.9M |
|
161
Regeneron Pharmaceuticals
REGN
$61.5B
| $54.9M | 0.15% | 121,500 +48,000 | +65% | +$21.7M |
|
162
Williams Companies
WMB
$70.7B
| $54.7M | 0.15% | 1,081,741 +421,700 | +64% | +$21.3M |
|
163
Travelers Companies
TRV
$61.1B
| $54.6M | 0.15% | 504,816 +189,600 | +60% | +$20.5M |
|
164
Kroger
KR
$44.9B
| $54.5M | 0.15% | 710,748 +278,900 | +65% | +$21.4M |
|
165
Adobe
ADBE
$151B
| $53.4M | 0.14% | 721,783 +282,500 | +64% | +$20.9M |
|
166
Republic Services
RSG
$73B
| $53M | 0.14% | 1,307,248 +73,500 | +6% | +$2.98M |
|
167
AvalonBay Communities
AVB
$27.9B
| $52.7M | 0.14% | 302,280 +69,800 | +30% | +$12.2M |
|
168
Agnico Eagle Mines
AEM
$72.4B
| $52.5M | 0.14% | 1,899,653 +88,800 | +5% | +$2.46M |
|
169
Cenovus Energy
CVE
$29.9B
| $52.5M | 0.14% | 3,131,000 +794,600 | +34% | +$13.3M |
|
170
Yum! Brands
YUM
$40.8B
| $52.4M | 0.14% | 666,196 +258,600 | +63% | +$20.4M |
|
|
ALXN
171
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $52.3M | 0.14% | 302,017 +118,600 | +65% | +$20.6M |
|
172
O'Reilly Automotive
ORLY
$88B
| $51.7M | 0.14% | 239,241 +47,300 | +25% | +$10.2M |
|
173
Arch Capital
ACGL
$34.2B
| $51.6M | 0.14% | 837,566 -24,900 | -3% | -$1.53M |
|
174
Cigna
CI
$80.3B
| $51.6M | 0.14% | 398,474 +153,200 | +62% | +$19.8M |
|
175
Johnson Controls International
JCI
$69.9B
| $51.2M | 0.14% | 1,014,902 +395,600 | +64% | +$20M |
|