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 |
CRH
CRH
|
$150M |
| 2 |
Kenvue
KVUE
|
$98.9M |
| 3 |
Sempra
SRE
|
$60.4M |
| 4 |
Copart
CPRT
|
$52.4M |
| 5 |
Textron
TXT
|
$50.7M |
Top Sells
| 1 |
Apple
AAPL
|
$1.12B |
| 2 |
Microsoft
MSFT
|
$890M |
| 3 |
Amazon
AMZN
|
$463M |
| 4 |
NVIDIA
NVDA
|
$425M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$316M |
Sector Composition
| 1 | Technology | 29.44% |
| 2 | Healthcare | 13.62% |
| 3 | Consumer Discretionary | 11.97% |
| 4 | Industrials | 9.14% |
| 5 | Communication Services | 8.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
General Motors
GM
$55.8B
| $147M | 0.12% | 4,470,400 -566,600 | -11% | -$18.7M |
|
152
Motorola Solutions
MSI
$78.7B
| $147M | 0.12% | 539,443 -65,400 | -11% | -$17.8M |
|
153
Norfolk Southern
NSC
$62.8B
| $144M | 0.11% | 732,200 -89,900 | -11% | -$17.7M |
|
154
lululemon athletica
LULU
$24.2B
| $144M | 0.11% | 372,700 -46,200 | -11% | -$17.8M |
|
155
PACCAR
PCAR
$52.5B
| $143M | 0.11% | 1,680,825 -206,500 | -11% | -$17.6M |
|
156
Workday
WDAY
$61.6B
| $142M | 0.11% | 662,700 -74,100 | -10% | -$15.9M |
|
157
Autodesk
ADSK
$67.3B
| $142M | 0.11% | 687,500 -88,300 | -11% | -$18.3M |
|
158
Aflac
AFL
$57.2B
| $142M | 0.11% | 1,846,300 -252,500 | -12% | -$19.4M |
|
159
Cintas
CTAS
$84.6B
| $142M | 0.11% | 294,500 -36,100 | -11% | -$17.4M |
|
160
American International
AIG
$45.1B
| $141M | 0.11% | 2,327,964 -321,700 | -12% | -$19.5M |
|
161
Stellantis
STLA
$27.8B
| $140M | 0.11% | 7,284,559 -1,020,714 | -12% | -$19.7M |
|
162
Ecolab
ECL
$78.6B
| $140M | 0.11% | 824,294 -100,900 | -11% | -$17.1M |
|
163
Occidental Petroleum
OXY
$46.9B
| $140M | 0.11% | 2,151,114 -443,800 | -17% | -$28.8M |
|
164
Charter Communications
CHTR
$36.3B
| $139M | 0.11% | 314,916 -39,900 | -11% | -$17.5M |
|
|
165
Sempra
SRE
$53.9B
| $138M | 0.11% | 2,024,100 +887,600 | +78% | +$60.4M |
|
166
Microchip Technology
MCHP
$35.1B
| $137M | 0.11% | 1,750,814 -227,700 | -12% | -$17.8M |
|
167
Pinduoduo
PDD
$171B
| $137M | 0.11% | 1,392,040 +110,903 | +9% | +$10.9M |
|
|
HES
168
DELISTED
Hess
HES
| $136M | 0.11% | 888,900 -109,200 | -11% | -$16.7M |
|
169
Edwards Lifesciences
EW
$47.8B
| $135M | 0.11% | 1,949,900 -239,100 | -11% | -$16.6M |
|
170
Public Storage
PSA
$51.7B
| $134M | 0.11% | 509,000 -62,400 | -11% | -$16.4M |
|
171
Monster Beverage
MNST
$60.9B
| $134M | 0.1% | 2,525,000 -310,000 | -11% | -$16.4M |
|
172
Constellation Brands
STZ
$28.5B
| $133M | 0.1% | 530,700 -68,900 | -11% | -$17.3M |
|
173
Archer Daniels Midland
ADM
$30.1B
| $132M | 0.1% | 1,751,500 -222,100 | -11% | -$16.8M |
|
174
Williams Companies
WMB
$70.7B
| $132M | 0.1% | 3,918,300 -482,700 | -11% | -$16.3M |
|
175
MetLife
MET
$54.1B
| $132M | 0.1% | 2,093,700 -283,500 | -12% | -$17.8M |
|