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 |
NVIDIA
NVDA
|
$1.52B |
| 2 |
Snowflake
SNOW
|
$199M |
| 3 |
Amazon
AMZN
|
$162M |
| 4 |
Analog Devices
ADI
|
$104M |
| 5 |
Palantir
PLTR
|
$94.3M |
Top Sells
| 1 |
GE Aerospace
GE
|
$3.24B |
| 2 |
Apple
AAPL
|
$350M |
| 3 |
Microsoft
MSFT
|
$261M |
| 4 |
L3Harris
LHX
|
$185M |
| 5 |
ALXN
Alexion Pharmaceuticals Inc
ALXN
|
$166M |
Sector Composition
| 1 | Technology | 27.74% |
| 2 | Healthcare | 14.18% |
| 3 | Consumer Discretionary | 13.57% |
| 4 | Communication Services | 11.55% |
| 5 | Industrials | 8.51% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
General Dynamics
GD
$87.3B
| $186M | 0.12% | 949,754 -42,400 | -4% | -$8.31M |
|
152
Roper Technologies
ROP
$56.6B
| $186M | 0.12% | 416,378 -11,600 | -3% | -$5.18M |
|
153
Vertex Pharmaceuticals
VRTX
$100B
| $186M | 0.12% | 1,023,675 -36,300 | -3% | -$6.58M |
|
154
EOG Resources
EOG
$68.2B
| $185M | 0.12% | 2,307,656 -71,900 | -3% | -$5.77M |
|
155
Public Storage
PSA
$51.7B
| $185M | 0.12% | 622,788 -19,100 | -3% | -$5.67M |
|
156
Palo Alto Networks
PANW
$127B
| $184M | 0.12% | 385,086 -11,400 | -3% | -$5.46M |
|
157
Global Payments
GPN
$21.5B
| $184M | 0.12% | 1,167,308 -36,600 | -3% | -$5.77M |
|
158
CrowdStrike
CRWD
$106B
| $184M | 0.12% | 747,987 +18,600 | +3% | +$4.57M |
|
159
MetLife
MET
$54.1B
| $182M | 0.12% | 2,942,191 -123,100 | -4% | -$7.6M |
|
160
IQVIA
IQV
$32.4B
| $182M | 0.12% | 757,826 -24,200 | -3% | -$5.8M |
|
161
Synopsys
SNPS
$112B
| $181M | 0.11% | 603,273 -17,500 | -3% | -$5.24M |
|
162
Canadian Pacific Kansas City
CP
$69.9B
| $180M | 0.11% | 2,777,720 -79,400 | -3% | -$5.16M |
|
163
Canadian Natural Resources
CNQ
$65.9B
| $180M | 0.11% | 4,937,387 -125,800 | -2% | -$4.58M |
|
164
TE Connectivity
TEL
$61B
| $179M | 0.11% | 1,305,808 -43,400 | -3% | -$5.96M |
|
165
Kimberly-Clark
KMB
$42.8B
| $177M | 0.11% | 1,334,278 -45,400 | -3% | -$6.01M |
|
|
INFO
166
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $175M | 0.11% | 1,497,051 -39,200 | -3% | -$4.57M |
|
167
Stellantis
STLA
$27.8B
| $174M | 0.11% | 9,107,167 -317,173 | -3% | -$6.07M |
|
168
Amphenol
APH
$133B
| $173M | 0.11% | 2,363,023 -80,800 | -3% | -$5.92M |
|
169
Newmont
NEM
$81.7B
| $172M | 0.11% | 3,167,933 -95,400 | -3% | -$5.18M |
|
170
Dow Inc
DOW
$17.5B
| $170M | 0.11% | 2,953,646 -81,100 | -3% | -$4.67M |
|
171
Carrier Global
CARR
$55.5B
| $169M | 0.11% | 3,264,248 -104,500 | -3% | -$5.41M |
|
172
Simon Property Group
SPG
$59B
| $169M | 0.11% | 1,299,091 -40,300 | -3% | -$5.24M |
|
173
O'Reilly Automotive
ORLY
$88B
| $169M | 0.11% | 275,763 -14,200 | -5% | -$8.68M |
|
174
Biogen
BIIB
$19.4B
| $168M | 0.11% | 595,272 -25,800 | -4% | -$7.3M |
|
175
Cadence Design Systems
CDNS
$95.5B
| $167M | 0.11% | 1,100,355 -37,200 | -3% | -$5.63M |
|