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 |
DuPont de Nemours
DD
|
$286M |
| 2 |
Baker Hughes
BKR
|
$54.5M |
| 3 |
NVIDIA
NVDA
|
$40.1M |
| 4 |
Exxon Mobil
XOM
|
$39.1M |
| 5 |
Oneok
OKE
|
$35M |
Top Sells
| 1 |
RAI
Reynolds American Inc
RAI
|
$267M |
| 2 |
DD
Du Pont De Nemours E I
DD
|
$265M |
| 3 |
BHI
Baker Hughes
BHI
|
$80.5M |
| 4 |
Alibaba
BABA
|
$54.6M |
| 5 |
WFM
Whole Foods Market Inc
WFM
|
$48.9M |
Sector Composition
| 1 | Technology | 17.46% |
| 2 | Healthcare | 15.4% |
| 3 | Consumer Discretionary | 10.77% |
| 4 | Communication Services | 10.67% |
| 5 | Industrials | 10.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Ecolab
ECL
$78.6B
| $131M | 0.15% |
1,014,842
+4,600
| +0.5% | +$592K |
|
152
Regeneron Pharmaceuticals
REGN
$61.5B
| $129M | 0.15% |
288,500
+3,100
| +1% | +$1.39M |
|
153
Exelon
EXC
$44.1B
| $129M | 0.15% |
3,412,630
+29,300
| +0.9% | +$1.1M |
|
154
Intuit
INTU
$186B
| $128M | 0.15% |
897,373
+10,200
| +1% | +$1.45M |
|
155
Valero Energy
VLO
$47.2B
| $127M | 0.14% |
1,652,448
+5,500
| +0.3% | +$423K |
|
156
Eaton
ETN
$136B
| $127M | 0.14% |
1,649,978
+8,000
| +0.5% | +$614K |
|
157
Travelers Companies
TRV
$61.1B
| $126M | 0.14% |
1,029,616
+8,400
| +0.8% | +$1.03M |
|
158
Franco-Nevada
FNV
$36.3B
| $126M | 0.14% |
1,627,700
+14,900
| +0.9% | +$1.15M |
|
159
Deere & Co
DE
$129B
| $125M | 0.14% |
996,719
+8,900
| +0.9% | +$1.12M |
|
160
LyondellBasell Industries
LYB
$18.1B
| $125M | 0.14% |
1,261,274
+11,900
| +1% | +$1.18M |
|
161
Republic Services
RSG
$73B
| $124M | 0.14% |
1,881,648
+12,000
| +0.6% | +$793K |
|
162
Prologis
PLD
$106B
| $124M | 0.14% |
1,954,960
+21,900
| +1% | +$1.39M |
|
163
HP
HPQ
$26.7B
| $124M | 0.14% |
6,208,592
+34,800
| +0.6% | +$695K |
|
164
Clorox
CLX
$14.5B
| $121M | 0.14% |
919,892
+9,300
| +1% | +$1.23M |
|
165
Air Products & Chemicals
APD
$65.5B
| $121M | 0.14% |
802,106
+7,500
| +0.9% | +$1.13M |
|
166
McKesson
MCK
$85.4B
| $120M | 0.14% |
777,991
+3,800
| +0.5% | +$584K |
|
167
Aflac
AFL
$57.2B
| $119M | 0.14% |
1,465,995
+200
| +0% | +$16.3K |
|
168
Analog Devices
ADI
$124B
| $117M | 0.13% |
1,352,948
+23,900
| +2% | +$2.06M |
|
169
Sysco
SYY
$38.5B
| $117M | 0.13% |
2,160,940
+5,500
| +0.3% | +$297K |
|
170
Equity Residential
EQR
$25.3B
| $116M | 0.13% |
1,766,820
+15,000
| +0.9% | +$989K |
|
|
ALXN
171
DELISTED
Alexion Pharmaceuticals Inc
ALXN
| $116M | 0.13% |
827,141
+6,400
| +0.8% | +$898K |
|
172
Zoetis
ZTS
$69.3B
| $115M | 0.13% |
1,809,280
+12,900
| +0.7% | +$823K |
|
173
Target
TGT
$43.6B
| $114M | 0.13% |
1,939,317
-9,200
| -0.5% | -$543K |
|
174
Paychex
PAYX
$50.2B
| $111M | 0.13% |
1,853,303
+15,200
| +0.8% | +$911K |
|
175
Welltower
WELL
$113B
| $111M | 0.13% |
1,580,766
+27,800
| +2% | +$1.95M |
|