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 |
Starbucks
SBUX
|
$81.5M |
| 2 |
Apple
AAPL
|
$61.5M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$44.6M |
| 4 |
Brookfield
BN
|
$43.9M |
| 5 |
AvalonBay Communities
AVB
|
$35.3M |
Top Sells
| 1 |
Qualcomm
QCOM
|
$48.4M |
| 2 |
Cencora
COR
|
$37.3M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
$30M |
| 5 |
Ecolab
ECL
|
$29M |
Sector Composition
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.54% |
| 3 | Industrials | 10.58% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Xcel Energy
XEL
$42.8B
| $59.7M | 0.15% | 1,856,183 -13,200 | -0.7% | -$425K |
|
152
Halliburton
HAL
$19.4B
| $59M | 0.15% | 1,370,897 +80,900 | +6% | +$3.48M |
|
153
Kellanova
K
$27.6B
| $59M | 0.15% | 941,389 -3,400 | -0.4% | -$213K |
|
154
McCormick & Company Non-Voting
MKC
$18.9B
| $58.5M | 0.15% | 722,848 -20,900 | -3% | -$1.69M |
|
|
RTN
155
DELISTED
Raytheon Company
RTN
| $58.5M | 0.15% | 611,545 +42,500 | +7% | +$4.07M |
|
|
AGU
156
DELISTED
Agrium
AGU
| $58.1M | 0.15% | 545,943 +200 | +0% | +$21.3K |
|
157
Northrop Grumman
NOC
$84.5B
| $58M | 0.15% | 365,684 +18,600 | +5% | +$2.95M |
|
158
Ventas
VTR
$30.9B
| $56.7M | 0.15% | 913,980 +18,700 | +2% | +$1.16M |
|
|
YHOO
159
DELISTED
Yahoo Inc
YHOO
| $56.4M | 0.15% | 1,434,874 +63,900 | +5% | +$2.51M |
|
|
SE
160
DELISTED
Spectra Energy Corp Wi
SE
| $55.8M | 0.14% | 1,711,515 -411,900 | -19% | -$13.4M |
|
161
Annaly Capital Management
NLY
$13.6B
| $55.3M | 0.14% | 6,019,075 +3,434,700 | +133% | +$31.6M |
|
162
O'Reilly Automotive
ORLY
$88B
| $55.2M | 0.14% | 244,141 +4,900 | +2% | +$1.11M |
|
163
Broadcom
AVGO
$1.4T
| $55.1M | 0.14% | 414,502 +29,300 | +8% | +$3.89M |
|
164
Thomson Reuters
TRI
$80B
| $55M | 0.14% | 1,438,140 +71,200 | +5% | +$2.72M |
|
165
Agnico Eagle Mines
AEM
$72.4B
| $54.9M | 0.14% | 1,926,453 +26,800 | +1% | +$764K |
|
166
Kroger
KR
$44.9B
| $54.6M | 0.14% | 753,448 +42,700 | +6% | +$3.1M |
|
167
Federal Realty Investment Trust
FRT
$8.67B
| $54.4M | 0.14% | 424,922 -11,000 | -3% | -$1.41M |
|
168
Arch Capital
ACGL
$34.2B
| $53.8M | 0.14% | 802,866 -34,700 | -4% | -$2.32M |
|
169
Chubb
CB
$110B
| $53.7M | 0.14% | 528,151 +22,800 | +5% | +$2.32M |
|
170
Cenovus Energy
CVE
$29.9B
| $52.9M | 0.14% | 3,294,100 +163,100 | +5% | +$2.62M |
|
171
Healthpeak Properties
DOC
$12.5B
| $52.6M | 0.14% | 1,442,009 +397,400 | +38% | +$14.5M |
|
172
Stryker
SYK
$150B
| $52.6M | 0.14% | 550,171 +31,400 | +6% | +$3M |
|
173
Johnson Controls International
JCI
$69.9B
| $52.5M | 0.14% | 1,060,502 +45,600 | +4% | +$2.26M |
|
174
CSX Corp
CSX
$60.6B
| $52.2M | 0.14% | 1,598,120 +82,600 | +5% | +$2.7M |
|
175
Dollar General
DG
$23.9B
| $52M | 0.13% | 669,025 +17,400 | +3% | +$1.35M |
|