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 |
Walmart
WMT
|
$522M |
| 2 |
Flutter Entertainment
FLUT
|
$119M |
| 3 |
Old Dominion Freight Line
ODFL
|
$61.5M |
| 4 |
Cooper Companies
COO
|
$44.5M |
| 5 |
Corebridge Financial
CRBG
|
$21.5M |
Top Sells
| 1 |
Apple
AAPL
|
$840M |
| 2 |
Microsoft
MSFT
|
$390M |
| 3 |
NVIDIA
NVDA
|
$295M |
| 4 |
Amazon
AMZN
|
$214M |
| 5 |
Meta Platforms (Facebook)
META
|
$147M |
Sector Composition
| 1 | Technology | 31.25% |
| 2 | Healthcare | 12.76% |
| 3 | Consumer Discretionary | 11.79% |
| 4 | Industrials | 9.5% |
| 5 | Communication Services | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
151
Edwards Lifesciences
EW
$47.8B
| $174M | 0.12% | 1,816,300 -84,700 | -4% | -$8.09M |
|
152
Norfolk Southern
NSC
$62.8B
| $173M | 0.12% | 677,200 -32,700 | -5% | -$8.33M |
|
153
Workday
WDAY
$61.6B
| $171M | 0.12% | 625,900 -21,400 | -3% | -$5.84M |
|
154
Capital One
COF
$145B
| $170M | 0.12% | 1,140,500 -52,200 | -4% | -$7.77M |
|
155
Autodesk
ADSK
$67.3B
| $167M | 0.12% | 640,600 -27,800 | -4% | -$7.24M |
|
156
American International
AIG
$45.1B
| $164M | 0.12% | 2,102,364 -123,800 | -6% | -$9.68M |
|
157
Hilton Worldwide
HLT
$64.9B
| $164M | 0.11% | 767,879 -49,900 | -6% | -$10.6M |
|
158
Ferrari
RACE
$85B
| $164M | 0.11% | 374,987 -30,779 | -8% | -$13.4M |
|
159
AutoZone
AZO
$70.2B
| $163M | 0.11% | 51,800 -4,000 | -7% | -$12.6M |
|
160
Arthur J. Gallagher & Co
AJG
$77.6B
| $162M | 0.11% | 646,600 -27,300 | -4% | -$6.83M |
|
161
Air Products & Chemicals
APD
$65.5B
| $161M | 0.11% | 665,500 -29,200 | -4% | -$7.07M |
|
162
DexCom
DXCM
$29.5B
| $160M | 0.11% | 1,157,100 -55,800 | -5% | -$7.74M |
|
163
Travelers Companies
TRV
$61.1B
| $157M | 0.11% | 684,000 -31,900 | -4% | -$7.34M |
|
164
Pinduoduo
PDD
$171B
| $157M | 0.11% | 1,349,709 +10,769 | +0.8% | +$1.25M |
|
165
Ford
F
$46.8B
| $156M | 0.11% | 11,775,586 -517,700 | -4% | -$6.88M |
|
166
Welltower
WELL
$113B
| $155M | 0.11% | 1,657,600 +35,500 | +2% | +$3.32M |
|
167
Simon Property Group
SPG
$59B
| $153M | 0.11% | 977,027 -46,100 | -5% | -$7.21M |
|
168
Super Micro Computer
SMCI
$24.7B
| $152M | 0.11% | 150,600 +1,700 | +1% | +$1.72M |
|
169
Copart
CPRT
$47.2B
| $150M | 0.11% | 2,588,100 -106,200 | -4% | -$6.15M |
|
170
Ross Stores
ROST
$48.1B
| $148M | 0.1% | 1,008,200 -50,700 | -5% | -$7.44M |
|
171
D.R. Horton
DHI
$50.5B
| $148M | 0.1% | 898,000 -54,000 | -6% | -$8.89M |
|
172
United Rentals
URI
$61.5B
| $146M | 0.1% | 203,000 -10,500 | -5% | -$7.57M |
|
173
Nucor
NUE
$34.1B
| $146M | 0.1% | 736,200 -41,600 | -5% | -$8.23M |
|
174
Microchip Technology
MCHP
$35.1B
| $145M | 0.1% | 1,620,314 -81,800 | -5% | -$7.34M |
|
175
Suncor Energy
SU
$50.1B
| $144M | 0.1% | 3,896,192 -332,100 | -8% | -$12.3M |
|