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 |
Intuitive Surgical
ISRG
|
$319M |
| 2 |
Arista Networks
ANET
|
$93.2M |
| 3 |
Microchip Technology
MCHP
|
$87.2M |
| 4 |
Rivian
RIVN
|
$68M |
| 5 |
Airbnb
ABNB
|
$66.4M |
Top Sells
| 1 |
Apple
AAPL
|
$560M |
| 2 |
Microsoft
MSFT
|
$389M |
| 3 |
Amazon
AMZN
|
$207M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$163M |
| 5 |
JD.com
JD
|
$154M |
Sector Composition
| 1 | Technology | 29.21% |
| 2 | Healthcare | 14% |
| 3 | Consumer Discretionary | 13.69% |
| 4 | Communication Services | 10.38% |
| 5 | Industrials | 8.49% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Cadence Design Systems
CDNS
$95.5B
| $196M | 0.12% | 1,051,955 -48,400 | -4% | -$9.02M |
|
152
Uber
UBER
$196B
| $195M | 0.12% | 4,655,531 -155,200 | -3% | -$6.51M |
|
|
INFO
153
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $191M | 0.12% | 1,439,351 -57,700 | -4% | -$7.67M |
|
154
Digital Realty Trust
DLR
$57.2B
| $190M | 0.11% | 1,074,060 -39,400 | -4% | -$6.97M |
|
155
Fortinet
FTNT
$60.4B
| $190M | 0.11% | 527,673 -21,100 | -4% | -$7.58M |
|
156
Snap
SNAP
$12.1B
| $190M | 0.11% | 4,031,558 +270,600 | +7% | +$12.7M |
|
157
Newmont
NEM
$81.7B
| $188M | 0.11% | 3,037,533 -130,400 | -4% | -$8.09M |
|
158
General Dynamics
GD
$87.3B
| $188M | 0.11% | 903,054 -46,700 | -5% | -$9.74M |
|
159
Align Technology
ALGN
$10.3B
| $188M | 0.11% | 285,316 -11,900 | -4% | -$7.82M |
|
160
Chipotle Mexican Grill
CMG
$56.5B
| $187M | 0.11% | 106,832 -4,500 | -4% | -$7.87M |
|
161
O'Reilly Automotive
ORLY
$88B
| $185M | 0.11% | 262,163 -13,600 | -5% | -$9.6M |
|
162
American International
AIG
$45.1B
| $185M | 0.11% | 3,250,497 -142,700 | -4% | -$8.11M |
|
163
Agilent Technologies
A
$35.7B
| $184M | 0.11% | 1,151,621 -53,200 | -4% | -$8.49M |
|
164
Kimberly-Clark
KMB
$42.8B
| $183M | 0.11% | 1,280,178 -54,100 | -4% | -$7.73M |
|
165
Centene
CNC
$14.3B
| $183M | 0.11% | 2,216,065 -91,300 | -4% | -$7.52M |
|
166
Trane Technologies
TT
$92.5B
| $182M | 0.11% | 903,134 -42,900 | -5% | -$8.67M |
|
|
167
Microchip Technology
MCHP
$35.1B
| $181M | 0.11% | 2,083,210 +1,001,655 | +93% | +$87.2M |
|
168
TC Energy
TRP
$54.1B
| $179M | 0.11% | 3,852,123 -227,500 | -6% | -$10.6M |
|
169
Cognizant
CTSH
$35.3B
| $177M | 0.11% | 1,997,812 -87,600 | -4% | -$7.77M |
|
170
lululemon athletica
LULU
$24.2B
| $176M | 0.11% | 449,959 -39,600 | -8% | -$15.5M |
|
171
Motorola Solutions
MSI
$78.7B
| $175M | 0.11% | 643,612 -27,200 | -4% | -$7.39M |
|
172
Marriott International Class A Common Stock
MAR
$72.7B
| $174M | 0.1% | 1,052,047 -42,200 | -4% | -$6.97M |
|
173
MetLife
MET
$54.1B
| $173M | 0.1% | 2,768,491 -173,700 | -6% | -$10.9M |
|
174
HP
HPQ
$26.7B
| $172M | 0.1% | 4,565,926 -386,700 | -8% | -$14.6M |
|
175
AutoZone
AZO
$70.2B
| $172M | 0.1% | 81,923 -3,500 | -4% | -$7.34M |
|