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
|
$430M |
| 2 |
Microsoft
MSFT
|
$312M |
| 3 |
Exxon Mobil
XOM
|
$258M |
| 4 |
GE Aerospace
GE
|
$224M |
| 5 |
Johnson & Johnson
JNJ
|
$221M |
Top Sells
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
$54.7M |
| 4 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
$20M |
| 5 |
TW
TOWERS WATSON & CO COM STK CL A (DE)
TW
|
$16.1M |
Sector Composition
| 1 | Technology | 14.87% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.32% |
| 5 | Industrials | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
American Electric Power
AEP
$59.4B
| $81.2M | 0.15% |
1,275,189
+384,100
| +43% | +$24.4M |
|
152
Prudential Financial
PRU
$38.6B
| $80.7M | 0.15% |
1,166,587
+347,200
| +42% | +$24M |
|
153
Hewlett Packard
HPE
$29.6B
| $79.7M | 0.15% |
4,689,492
+1,387,300
| +42% | +$23.6M |
|
154
Marsh & McLennan
MMC
$101B
| $79M | 0.14% |
1,355,563
+393,200
| +41% | +$22.9M |
|
155
Dollar General
DG
$23.9B
| $78.8M | 0.14% |
960,625
+224,500
| +30% | +$18.4M |
|
|
ALXN
156
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $78.1M | 0.14% |
585,341
+174,400
| +42% | +$23.3M |
|
157
WEC Energy
WEC
$34.3B
| $77.8M | 0.14% |
1,351,681
+234,400
| +21% | +$13.5M |
|
158
Agnico Eagle Mines
AEM
$72.4B
| $77.6M | 0.14% |
2,220,553
+196,800
| +10% | +$6.88M |
|
159
Valero Energy
VLO
$47.2B
| $76.9M | 0.14% |
1,250,848
+347,300
| +38% | +$21.3M |
|
160
Rogers Communications
RCI
$19.4B
| $76.5M | 0.14% |
1,978,500
+383,800
| +24% | +$14.8M |
|
161
Halliburton
HAL
$19.4B
| $76.1M | 0.14% |
2,223,497
+670,700
| +43% | +$23M |
|
|
POT
162
DELISTED
Potash Corp Of Saskatchewan
POT
| $75M | 0.14% |
4,562,300
+886,000
| +24% | +$14.6M |
|
163
PPG Industries
PPG
$25.1B
| $74.7M | 0.14% |
699,560
+208,800
| +43% | +$22.3M |
|
164
Sysco
SYY
$38.5B
| $74.1M | 0.14% |
1,653,540
+370,600
| +29% | +$16.6M |
|
165
Thomson Reuters
TRI
$80B
| $73.9M | 0.14% |
1,888,540
+341,900
| +22% | +$13.4M |
|
166
Ecolab
ECL
$78.6B
| $73.8M | 0.14% |
690,642
+209,000
| +43% | +$22.3M |
|
167
McCormick & Company Non-Voting
MKC
$18.9B
| $73.6M | 0.14% |
771,848
+81,200
| +12% | +$7.74M |
|
168
Air Products & Chemicals
APD
$65.5B
| $73.4M | 0.13% |
531,706
+160,600
| +43% | +$22.2M |
|
169
Federal Realty Investment Trust
FRT
$8.67B
| $73.3M | 0.13% |
490,422
+48,100
| +11% | +$7.19M |
|
170
eBay
EBAY
$41.4B
| $72.3M | 0.13% |
3,159,891
+807,400
| +34% | +$18.5M |
|
171
Republic Services
RSG
$73B
| $72.2M | 0.13% |
1,581,248
+159,100
| +11% | +$7.27M |
|
172
Eaton
ETN
$136B
| $72.1M | 0.13% |
1,202,378
+353,000
| +42% | +$21.2M |
|
173
Aon
AON
$79.1B
| $71.2M | 0.13% |
711,571
+202,800
| +40% | +$20.3M |
|
174
Cardinal Health
CAH
$35.5B
| $70.6M | 0.13% |
898,348
+259,000
| +41% | +$20.3M |
|
175
Henry Schein
HSIC
$8.44B
| $69.6M | 0.13% |
420,459
+57,200
| +16% | +$9.46M |
|