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 |
NextEra Energy, Inc.
NEE
|
$514M |
| 2 |
McCormick & Company Non-Voting
MKC
|
$81.8M |
| 3 |
NetEase
NTES
|
$79M |
| 4 |
Viatris
VTRS
|
$53.9M |
| 5 |
Pinduoduo
PDD
|
$46.6M |
Top Sells
| 1 |
Apple
AAPL
|
$385M |
| 2 |
Microsoft
MSFT
|
$198M |
| 3 |
Amazon
AMZN
|
$138M |
| 4 |
VER
VEREIT, Inc.
VER
|
$128M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$76.7M |
Sector Composition
| 1 | Technology | 26.42% |
| 2 | Healthcare | 14.37% |
| 3 | Consumer Discretionary | 13.81% |
| 4 | Communication Services | 10.63% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Cognizant
CTSH
$35.3B
| $173M | 0.12% | 2,108,286 -54,500 | -3% | -$4.47M |
|
152
Hershey
HSY
$37.3B
| $172M | 0.12% | 1,129,791 -10,800 | -0.9% | -$1.65M |
|
153
Snap
SNAP
$12.1B
| $172M | 0.12% | 3,429,926 -43,000 | -1% | -$2.15M |
|
154
Roper Technologies
ROP
$56.6B
| $170M | 0.12% | 395,462 -10,900 | -3% | -$4.7M |
|
155
HCA Healthcare
HCA
$94.5B
| $168M | 0.12% | 1,021,176 -30,100 | -3% | -$4.95M |
|
156
NXP Semiconductors
NXPI
$59.2B
| $168M | 0.12% | 1,054,386 -31,700 | -3% | -$5.04M |
|
157
Republic Services
RSG
$73B
| $167M | 0.12% | 1,735,347 -63,700 | -4% | -$6.13M |
|
158
Twilio
TWLO
$16.2B
| $167M | 0.12% | 492,898 +17,000 | +4% | +$5.75M |
|
|
159
Pinduoduo
PDD
$171B
| $166M | 0.12% | 936,110 +262,556 | +39% | +$46.6M |
|
|
160
McCormick & Company Non-Voting
MKC
$18.9B
| $164M | 0.12% | 1,719,386 +855,243 | +99% | +$81.8M |
|
161
lululemon athletica
LULU
$24.2B
| $163M | 0.12% | 467,177 -14,800 | -3% | -$5.15M |
|
162
ConocoPhillips
COP
$124B
| $162M | 0.12% | 4,050,030 -124,700 | -3% | -$4.99M |
|
|
TWTR
163
DELISTED
Twitter, Inc.
TWTR
| $162M | 0.11% | 2,986,622 -67,500 | -2% | -$3.66M |
|
164
Idexx Laboratories
IDXX
$51.8B
| $161M | 0.11% | 321,225 -9,400 | -3% | -$4.7M |
|
165
Workday
WDAY
$61.6B
| $160M | 0.11% | 668,427 -8,900 | -1% | -$2.13M |
|
166
Yum! Brands
YUM
$40.8B
| $158M | 0.11% | 1,457,284 -24,800 | -2% | -$2.69M |
|
167
Exelon
EXC
$44.1B
| $155M | 0.11% | 3,679,842 -113,100 | -3% | -$4.78M |
|
168
Dow Inc
DOW
$17.5B
| $155M | 0.11% | 2,798,455 -84,900 | -3% | -$4.71M |
|
169
L3Harris
LHX
$51.9B
| $154M | 0.11% | 816,406 -23,900 | -3% | -$4.52M |
|
170
Keysight
KEYS
$28.1B
| $154M | 0.11% | 1,163,626 -8,500 | -0.7% | -$1.12M |
|
171
TC Energy
TRP
$54.1B
| $153M | 0.11% | 3,766,000 -177,100 | -4% | -$7.2M |
|
172
KLA
KLAC
$115B
| $152M | 0.11% | 587,306 -16,200 | -3% | -$4.19M |
|
173
Align Technology
ALGN
$10.3B
| $151M | 0.11% | 282,731 -8,500 | -3% | -$4.54M |
|
174
TE Connectivity
TEL
$61B
| $151M | 0.11% | 1,246,330 -37,500 | -3% | -$4.54M |
|
175
Eversource Energy
ES
$23.8B
| $151M | 0.11% | 1,742,469 -5,800 | -0.3% | -$502K |
|