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 |
Linde
LIN
|
$299M |
| 2 |
General Dynamics
GD
|
$129M |
| 3 |
TJX Companies
TJX
|
$120M |
| 4 |
Cigna
CI
|
$86.9M |
| 5 |
CVS Health
CVS
|
$75M |
Top Sells
| 1 |
AET
Aetna Inc
AET
|
$234M |
| 2 |
Northrop Grumman
NOC
|
$218M |
| 3 |
ESRX
Express Scripts Holding Company
ESRX
|
$170M |
| 4 |
PX
Praxair Inc
PX
|
$168M |
| 5 |
COL
Rockwell Collins
COL
|
$116M |
Sector Composition
| 1 | Technology | 18.92% |
| 2 | Healthcare | 16.26% |
| 3 | Consumer Discretionary | 11.53% |
| 4 | Communication Services | 10.14% |
| 5 | Industrials | 9.56% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Constellation Brands
STZ
$28.5B
| $112M | 0.14% | 696,216 +6,000 | +0.9% | +$965K |
|
152
Yum! Brands
YUM
$40.8B
| $112M | 0.14% | 1,215,096 -4,800 | -0.4% | -$441K |
|
153
Dollar General
DG
$23.9B
| $111M | 0.14% | 1,026,552 +138,000 | +16% | +$14.9M |
|
154
Prudential Financial
PRU
$38.6B
| $111M | 0.14% | 1,355,587 +14,900 | +1% | +$1.22M |
|
|
ATVI
155
DELISTED
Activision Blizzard Inc.
ATVI
| $110M | 0.14% | 2,354,634 +46,200 | +2% | +$2.15M |
|
156
Travelers Companies
TRV
$61.1B
| $109M | 0.14% | 906,216 +7,000 | +0.8% | +$838K |
|
157
Church & Dwight Co
CHD
$22.7B
| $108M | 0.14% | 1,635,416 -1,400 | -0.1% | -$92.1K |
|
158
Sherwin-Williams
SHW
$91.2B
| $107M | 0.14% | 273,161 +4,500 | +2% | +$1.77M |
|
159
Target
TGT
$43.6B
| $107M | 0.14% | 1,625,517 +8,700 | +0.5% | +$575K |
|
160
HP
HPQ
$26.7B
| $105M | 0.14% | 5,144,292 -95,400 | -2% | -$1.95M |
|
161
Applied Materials
AMAT
$128B
| $105M | 0.13% | 3,195,522 -22,400 | -0.7% | -$733K |
|
162
Edwards Lifesciences
EW
$47.8B
| $104M | 0.13% | 680,698 +7,700 | +1% | +$1.18M |
|
163
Valero Energy
VLO
$47.2B
| $104M | 0.13% | 1,389,648 +14,000 | +1% | +$1.05M |
|
164
Marriott International Class A Common Stock
MAR
$72.7B
| $104M | 0.13% | 957,644 -1,100 | -0.1% | -$119K |
|
165
Analog Devices
ADI
$124B
| $104M | 0.13% | 1,208,248 +24,200 | +2% | +$2.08M |
|
166
Equinix
EQIX
$76.9B
| $103M | 0.13% | 292,409 +3,800 | +1% | +$1.34M |
|
167
ServiceNow
NOW
$190B
| $103M | 0.13% | 578,200 +14,200 | +3% | +$2.53M |
|
168
General Mills
GIS
$26.4B
| $102M | 0.13% | 2,626,416 +30,100 | +1% | +$1.17M |
|
169
Canadian Natural Resources
CNQ
$65.9B
| $102M | 0.13% | 4,232,000 -67,900 | -2% | -$1.64M |
|
170
Welltower
WELL
$113B
| $102M | 0.13% | 1,470,266 +16,500 | +1% | +$1.15M |
|
|
RHT
171
DELISTED
Red Hat Inc
RHT
| $101M | 0.13% | 577,015 +9,700 | +2% | +$1.7M |
|
172
Nutrien
NTR
$28B
| $100M | 0.13% | 2,130,452 -89,500 | -4% | -$4.21M |
|
173
Franco-Nevada
FNV
$36.3B
| $99.9M | 0.13% | 1,424,100 -7,600 | -0.5% | -$533K |
|
174
Kinder Morgan
KMI
$60B
| $99.3M | 0.13% | 6,456,569 +118,500 | +2% | +$1.82M |
|
175
Kraft Heinz
KHC
$33.1B
| $99M | 0.13% | 2,299,963 +29,000 | +1% | +$1.25M |
|