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 |
Amphenol
APH
|
$115M |
| 2 |
Microsoft
MSFT
|
$112M |
| 3 |
Ferguson
FERG
|
$104M |
| 4 |
Amazon
AMZN
|
$101M |
| 5 |
Apple
AAPL
|
$98.3M |
Top Sells
| 1 |
TIF
Tiffany & Co.
TIF
|
$96.7M |
| 2 |
DuPont de Nemours
DD
|
$52.5M |
| 3 |
CXO
CONCHO RESOURCES INC.
CXO
|
$43.4M |
| 4 |
AvalonBay Communities
AVB
|
$38.1M |
| 5 |
Equity Residential
EQR
|
$22.8M |
Sector Composition
| 1 | Technology | 25.7% |
| 2 | Healthcare | 14.14% |
| 3 | Consumer Discretionary | 13.72% |
| 4 | Communication Services | 10.9% |
| 5 | Industrials | 9.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Ford
F
$46.8B
| $184M | 0.12% | 15,019,678 +264,500 | +2% | +$3.24M |
|
152
Twilio
TWLO
$16.2B
| $184M | 0.12% | 539,598 +46,700 | +9% | +$15.9M |
|
153
Ross Stores
ROST
$48.1B
| $184M | 0.12% | 1,532,598 +25,700 | +2% | +$3.08M |
|
154
Clorox
CLX
$14.5B
| $183M | 0.12% | 946,987 -1,000 | -0.1% | -$193K |
|
155
Dow Inc
DOW
$17.5B
| $182M | 0.12% | 2,852,655 +54,200 | +2% | +$3.47M |
|
156
JD.com
JD
$44.1B
| $182M | 0.12% | 2,157,767 +5,897 | +0.3% | +$497K |
|
157
WEC Energy
WEC
$34.3B
| $180M | 0.12% | 1,920,899 +29,000 | +2% | +$2.71M |
|
158
MetLife
MET
$54.1B
| $179M | 0.12% | 2,941,776 +28,500 | +1% | +$1.73M |
|
159
eBay
EBAY
$41.4B
| $179M | 0.12% | 2,919,024 +10,900 | +0.4% | +$668K |
|
160
Hershey
HSY
$37.3B
| $177M | 0.12% | 1,119,391 -10,400 | -0.9% | -$1.64M |
|
161
TC Energy
TRP
$54.1B
| $175M | 0.12% | 3,811,500 +45,500 | +1% | +$2.08M |
|
162
Workday
WDAY
$61.6B
| $172M | 0.11% | 692,127 +23,700 | +4% | +$5.89M |
|
163
Synopsys
SNPS
$112B
| $171M | 0.11% | 691,498 +11,700 | +2% | +$2.9M |
|
164
General Dynamics
GD
$87.3B
| $170M | 0.11% | 937,418 +16,500 | +2% | +$3M |
|
165
Manulife Financial
MFC
$52.2B
| $169M | 0.11% | 7,865,500 +95,200 | +1% | +$2.05M |
|
166
AutoZone
AZO
$70.2B
| $168M | 0.11% | 119,873 +1,100 | +0.9% | +$1.54M |
|
167
Keysight
KEYS
$28.1B
| $168M | 0.11% | 1,173,226 +9,600 | +0.8% | +$1.38M |
|
168
Republic Services
RSG
$73B
| $168M | 0.11% | 1,692,847 -42,500 | -2% | -$4.22M |
|
169
HP
HPQ
$26.7B
| $168M | 0.11% | 5,281,851 -117,800 | -2% | -$3.74M |
|
170
Johnson Controls International
JCI
$69.9B
| $166M | 0.11% | 2,783,918 -25,600 | -0.9% | -$1.53M |
|
171
Biogen
BIIB
$19.4B
| $166M | 0.11% | 591,758 -6,200 | -1% | -$1.73M |
|
172
Cognizant
CTSH
$35.3B
| $165M | 0.11% | 2,116,586 +8,300 | +0.4% | +$648K |
|
173
TE Connectivity
TEL
$61B
| $164M | 0.11% | 1,272,030 +25,700 | +2% | +$3.32M |
|
174
Exelon
EXC
$44.1B
| $164M | 0.11% | 3,751,742 +71,900 | +2% | +$3.14M |
|
175
L3Harris
LHX
$51.9B
| $164M | 0.11% | 807,906 -8,500 | -1% | -$1.72M |
|