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
|
$552M |
| 2 |
Comcast
CMCSA
|
$389M |
| 3 |
Microsoft
MSFT
|
$365M |
| 4 |
Amazon
AMZN
|
$274M |
| 5 |
Exxon Mobil
XOM
|
$262M |
Top Sells
| 1 |
Canadian National Railway
CNI
|
$89.7M |
| 2 |
SE
Spectra Energy Corp Wi
SE
|
$79.6M |
| 3 |
Suncor Energy
SU
|
$78.1M |
| 4 |
STJ
St Jude Medical
STJ
|
$63.5M |
| 5 |
TC Energy
TRP
|
$58.8M |
Sector Composition
| 1 | Technology | 16.63% |
| 2 | Healthcare | 15% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.47% |
| 5 | Industrials | 10.25% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Eaton
ETN
$136B
| $119M | 0.15% | 1,600,578 +337,900 | +27% | +$25.1M |
|
|
BCR
152
DELISTED
CR Bard Inc.
BCR
| $118M | 0.15% | 476,461 +65,000 | +16% | +$16.2M |
|
153
Exelon
EXC
$44.1B
| $118M | 0.15% | 3,271,530 +718,000 | +28% | +$25.8M |
|
154
American Electric Power
AEP
$59.4B
| $117M | 0.15% | 1,742,389 +380,700 | +28% | +$25.6M |
|
|
PXD
155
DELISTED
Pioneer Natural Resource Co.
PXD
| $116M | 0.14% | 624,252 +131,100 | +27% | +$24.4M |
|
156
Fidelity National Information Services
FIS
$36.5B
| $116M | 0.14% | 1,459,913 +258,800 | +22% | +$20.6M |
|
157
Norfolk Southern
NSC
$62.8B
| $116M | 0.14% | 1,034,347 +217,900 | +27% | +$24.4M |
|
158
Republic Services
RSG
$73B
| $116M | 0.14% | 1,841,048 +202,300 | +12% | +$12.7M |
|
|
GG
159
DELISTED
Goldcorp Inc
GG
| $115M | 0.14% | 7,875,600 -1,025,000 | -12% | -$15M |
|
160
Aon
AON
$79.1B
| $114M | 0.14% | 963,371 +195,200 | +25% | +$23.2M |
|
161
Keurig Dr Pepper
KDP
$39.5B
| $114M | 0.14% | 1,164,513 +147,900 | +15% | +$14.5M |
|
162
LyondellBasell Industries
LYB
$18.1B
| $112M | 0.14% | 1,227,374 +238,900 | +24% | +$21.8M |
|
163
Baxter International
BAX
$12.7B
| $111M | 0.14% | 2,146,539 +389,900 | +22% | +$20.2M |
|
164
Kellanova
K
$27.6B
| $111M | 0.14% | 1,525,689 +225,800 | +17% | +$16.4M |
|
165
Marriott International Class A Common Stock
MAR
$72.7B
| $111M | 0.14% | 1,176,144 +254,200 | +28% | +$23.9M |
|
166
Teva Pharmaceuticals
TEVA
$21.1B
| $110M | 0.14% | 3,440,151 -190,100 | -5% | -$6.1M |
|
167
Church & Dwight Co
CHD
$22.7B
| $110M | 0.14% | 2,209,816 +255,900 | +13% | +$12.8M |
|
168
Baidu
BIDU
$32.8B
| $110M | 0.14% | 637,598 +73,100 | +13% | +$12.6M |
|
169
Equinix
EQIX
$76.9B
| $109M | 0.14% | 271,409 +73,500 | +37% | +$29.4M |
|
170
HP
HPQ
$26.7B
| $108M | 0.13% | 6,062,092 +1,297,600 | +27% | +$23.2M |
|
171
Franco-Nevada
FNV
$36.3B
| $108M | 0.13% | 1,644,800 -213,600 | -11% | -$14M |
|
172
Ross Stores
ROST
$48.1B
| $107M | 0.13% | 1,630,892 +299,800 | +23% | +$19.7M |
|
173
Welltower
WELL
$113B
| $107M | 0.13% | 1,512,766 +307,000 | +25% | +$21.7M |
|
174
Regeneron Pharmaceuticals
REGN
$61.5B
| $107M | 0.13% | 275,300 +59,300 | +27% | +$23M |
|
175
Micron Technology
MU
$133B
| $107M | 0.13% | 3,690,503 +798,300 | +28% | +$23.1M |
|