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 |
Teva Pharmaceuticals
TEVA
|
$132M |
| 2 |
Fortis
FTS
|
$68.5M |
| 3 |
Intuitive Surgical
ISRG
|
$45.9M |
| 4 |
Keurig Dr Pepper
KDP
|
$41M |
| 5 |
Monster Beverage
MNST
|
$33M |
Top Sells
| 1 |
Alcoa
AA
|
$95.4M |
| 2 |
LNKD
LinkedIn Corporation
LNKD
|
$63.4M |
| 3 |
Hershey
HSY
|
$53.7M |
| 4 |
American Tower
AMT
|
$49M |
| 5 |
LLL
L3 Technologies, Inc.
LLL
|
$32.2M |
Sector Composition
| 1 | Technology | 15.56% |
| 2 | Healthcare | 14.34% |
| 3 | Industrials | 10.55% |
| 4 | Consumer Discretionary | 10.4% |
| 5 | Communication Services | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
CSX Corp
CSX
$60.6B
| $94.7M | 0.15% | 2,634,820 -19,700 | -0.7% | -$708K |
|
152
Magna International
MGA
$12.9B
| $94.3M | 0.15% | 2,174,100 -58,600 | -3% | -$2.54M |
|
153
Boston Scientific
BSX
$156B
| $94.3M | 0.15% | 4,357,430 +602,500 | +16% | +$13M |
|
154
Cognizant
CTSH
$35.3B
| $94.2M | 0.15% | 1,681,630 | – | – |
|
155
Republic Services
RSG
$73B
| $93.5M | 0.15% | 1,638,748 +49,400 | +3% | +$2.82M |
|
156
Baidu
BIDU
$32.8B
| $92.8M | 0.15% | 564,498 -64,900 | -10% | -$10.7M |
|
|
BCR
157
DELISTED
CR Bard Inc.
BCR
| $92.4M | 0.15% | 411,461 +47,700 | +13% | +$10.7M |
|
|
158
Keurig Dr Pepper
KDP
$39.5B
| $92.2M | 0.15% | 1,016,613 +452,200 | +80% | +$41M |
|
159
Sysco
SYY
$38.5B
| $91.9M | 0.14% | 1,658,840 -7,600 | -0.5% | -$421K |
|
160
Ecolab
ECL
$78.6B
| $91.3M | 0.14% | 779,042 +45,800 | +6% | +$5.37M |
|
161
Fidelity National Information Services
FIS
$36.5B
| $90.9M | 0.14% | 1,201,113 +17,400 | +1% | +$1.32M |
|
162
Equity Residential
EQR
$25.3B
| $90.6M | 0.14% | 1,408,120 -164,300 | -10% | -$10.6M |
|
163
Exelon
EXC
$44.1B
| $90.6M | 0.14% | 2,553,530 | – | – |
|
|
PXD
164
DELISTED
Pioneer Natural Resource Co.
PXD
| $88.8M | 0.14% | 493,152 +19,100 | +4% | +$3.44M |
|
165
Wheaton Precious Metals
WPM
$45.6B
| $88.7M | 0.14% | 4,593,300 -136,900 | -3% | -$2.64M |
|
166
Norfolk Southern
NSC
$62.8B
| $88.2M | 0.14% | 816,447 -4,900 | -0.6% | -$530K |
|
167
McKesson
MCK
$85.4B
| $87.9M | 0.14% | 626,091 -54,100 | -8% | -$7.6M |
|
168
Valero Energy
VLO
$47.2B
| $87.7M | 0.14% | 1,284,348 -18,200 | -1% | -$1.24M |
|
169
Ross Stores
ROST
$48.1B
| $87.3M | 0.14% | 1,331,092 +110,700 | +9% | +$7.26M |
|
170
Kroger
KR
$44.9B
| $86.8M | 0.14% | 2,514,396 -10,500 | -0.4% | -$362K |
|
171
Church & Dwight Co
CHD
$22.7B
| $86.3M | 0.14% | 1,953,916 +63,100 | +3% | +$2.79M |
|
172
American Electric Power
AEP
$59.4B
| $85.7M | 0.14% | 1,361,689 | – | – |
|
173
Aon
AON
$79.1B
| $85.7M | 0.14% | 768,171 +30,400 | +4% | +$3.39M |
|
174
LyondellBasell Industries
LYB
$18.1B
| $84.8M | 0.13% | 988,474 -20,000 | -2% | -$1.72M |
|
175
Eaton
ETN
$136B
| $84.7M | 0.13% | 1,262,678 -7,300 | -0.6% | -$490K |
|