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 |
Nutrien
NTR
|
$111M |
| 2 |
Fiserv
FI
|
$78.4M |
| 3 |
Aflac
AFL
|
$49.9M |
| 4 |
WP
Worldpay, Inc.
WP
|
$37.6M |
| 5 |
Becton Dickinson
BDX
|
$29.5M |
Top Sells
| 1 |
Apple
AAPL
|
$431M |
| 2 |
Microsoft
MSFT
|
$315M |
| 3 |
Amazon
AMZN
|
$278M |
| 4 |
Meta Platforms (Facebook)
META
|
$170M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$150M |
Sector Composition
| 1 | Technology | 19.03% |
| 2 | Healthcare | 14.49% |
| 3 | Consumer Discretionary | 11.53% |
| 4 | Industrials | 10.41% |
| 5 | Communication Services | 10.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Clorox
CLX
$14.5B
| $125M | 0.15% | 938,392 -100 | -0% | -$13.3K |
|
152
Norfolk Southern
NSC
$62.8B
| $125M | 0.15% | 918,147 -145,100 | -14% | -$19.7M |
|
|
TFCFA
153
DELISTED
Twenty-First Century Fox, Inc. Class A
TFCFA
| $124M | 0.15% | 3,381,599 -500,500 | -13% | -$18.4M |
|
154
Ecolab
ECL
$78.6B
| $123M | 0.15% | 895,242 -119,400 | -12% | -$16.4M |
|
155
Franco-Nevada
FNV
$36.3B
| $121M | 0.15% | 1,781,600 +89,000 | +5% | +$6.06M |
|
156
Exelon
EXC
$44.1B
| $120M | 0.15% | 3,080,330 -461,500 | -13% | -$18M |
|
157
Equinix
EQIX
$76.9B
| $120M | 0.15% | 286,509 -32,400 | -10% | -$13.5M |
|
158
Electronic Arts
EA
$43B
| $120M | 0.15% | 987,855 -150,900 | -13% | -$18.3M |
|
159
Ross Stores
ROST
$48.1B
| $118M | 0.14% | 1,507,892 -167,800 | -10% | -$13.1M |
|
160
HP
HPQ
$26.7B
| $117M | 0.14% | 5,358,692 -849,900 | -14% | -$18.6M |
|
|
161
Aflac
AFL
$57.2B
| $116M | 0.14% | 2,652,490 +1,140,395 | +75% | +$49.9M |
|
162
Sysco
SYY
$38.5B
| $115M | 0.14% | 1,923,240 -224,700 | -10% | -$13.5M |
|
163
Target
TGT
$43.6B
| $115M | 0.14% | 1,657,317 -260,400 | -14% | -$18.1M |
|
|
GG
164
DELISTED
Goldcorp Inc
GG
| $115M | 0.14% | 8,325,300 +412,000 | +5% | +$5.68M |
|
165
Tesla
TSLA
$1.08T
| $115M | 0.14% | 431,385 -61,100 | -12% | -$16.3M |
|
166
General Mills
GIS
$26.4B
| $115M | 0.14% | 2,544,016 -216,200 | -8% | -$9.74M |
|
167
Marathon Petroleum
MPC
$54.6B
| $115M | 0.14% | 1,566,996 -300,700 | -16% | -$22M |
|
168
LyondellBasell Industries
LYB
$18.1B
| $114M | 0.14% | 1,074,774 -167,300 | -13% | -$17.7M |
|
169
Equity Residential
EQR
$25.3B
| $113M | 0.14% | 1,837,020 -97,500 | -5% | -$6.01M |
|
170
Eaton
ETN
$136B
| $113M | 0.14% | 1,413,678 -228,500 | -14% | -$18.3M |
|
171
TE Connectivity
TEL
$61B
| $113M | 0.14% | 1,128,609 -174,400 | -13% | -$17.4M |
|
172
Paychex
PAYX
$50.2B
| $112M | 0.14% | 1,820,803 -62,000 | -3% | -$3.82M |
|
173
Air Products & Chemicals
APD
$65.5B
| $112M | 0.14% | 701,406 -101,900 | -13% | -$16.2M |
|
174
Illumina
ILMN
$15.8B
| $111M | 0.14% | 468,345 -70,300 | -13% | -$16.6M |
|
|
175
Nutrien
NTR
$28B
| $111M | 0.13% | +2,341,052 | New | +$111M |
|