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
|
$757M |
| 2 |
Microsoft
MSFT
|
$725M |
| 3 |
Apple
AAPL
|
$628M |
| 4 |
Amazon
AMZN
|
$487M |
| 5 |
Meta Platforms (Facebook)
META
|
$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
$121M |
| 2 |
KE Holdings
BEKE
|
$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
$24.4M |
| 4 |
X
US Steel
X
|
$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Aflac
AFL
$56.7B
| $166M | 0.1% | 1,569,600 +81,100 | +5% | +$8.55M |
|
177
Pinduoduo
PDD
$174B
| $165M | 0.1% | 1,573,844 -3,400 | -0.2% | -$356K |
|
178
Cheniere Energy
LNG
$53.2B
| $164M | 0.1% | 674,500 +41,700 | +7% | +$10.2M |
|
179
Republic Services
RSG
$72.8B
| $163M | 0.1% | 662,030 +43,700 | +7% | +$10.8M |
|
180
Allstate
ALL
$53.7B
| $161M | 0.1% | 802,200 +55,400 | +7% | +$11.2M |
|
181
Simon Property Group
SPG
$58.6B
| $159M | 0.1% | 987,627 +67,400 | +7% | +$10.8M |
|
182
Marathon Petroleum
MPC
$54.5B
| $157M | 0.09% | 942,966 +36,600 | +4% | +$6.08M |
|
183
FedEx
FDX
$54.6B
| $157M | 0.09% | 688,800 +43,400 | +7% | +$9.87M |
|
184
Workday
WDAY
$61B
| $156M | 0.09% | 651,700 +48,100 | +8% | +$11.5M |
|
185
Realty Income
O
$53.1B
| $156M | 0.09% | 2,699,394 +230,900 | +9% | +$13.3M |
|
186
Oneok
OKE
$47.8B
| $154M | 0.09% | 1,890,753 +139,800 | +8% | +$11.4M |
|
187
Corteva
CTVA
$50.5B
| $154M | 0.09% | 2,068,783 +130,300 | +7% | +$9.71M |
|
188
TC Energy
TRP
$53.7B
| $154M | 0.09% | 3,158,301 +204,700 | +7% | +$9.95M |
|
189
Flutter Entertainment
FLUT
$54.2B
| $153M | 0.09% | 535,182 +33,800 | +7% | +$9.66M |
|
190
TE Connectivity
TEL
$61.5B
| $152M | 0.09% | 903,200 +59,500 | +7% | +$10M |
|
191
American International
AIG
$45.2B
| $151M | 0.09% | 1,767,164 +7,900 | +0.4% | +$676K |
|
192
PACCAR
PCAR
$52.9B
| $151M | 0.09% | 1,589,025 +110,300 | +7% | +$10.5M |
|
193
Becton Dickinson
BDX
$54.8B
| $150M | 0.09% | 869,102 +51,300 | +6% | +$8.84M |
|
194
Sempra
SRE
$53.1B
| $150M | 0.09% | 1,973,400 +187,000 | +10% | +$14.2M |
|
195
United Rentals
URI
$61.5B
| $149M | 0.09% | 197,800 +12,700 | +7% | +$9.57M |
|
196
Phillips 66
PSX
$53.7B
| $147M | 0.09% | 1,233,350 +68,600 | +6% | +$8.18M |
|
197
Waste Connections
WCN
$47.1B
| $146M | 0.09% | 782,145 +54,400 | +7% | +$10.2M |
|
198
Fastenal
FAST
$57.6B
| $146M | 0.09% | 3,471,900 +1,856,200 | +115% | +$78M |
|
199
Dominion Energy
D
$51B
| $146M | 0.09% | 2,579,920 +210,800 | +9% | +$11.9M |
|
200
W.W. Grainger
GWW
$48.5B
| $144M | 0.09% | 138,600 +14,900 | +12% | +$15.5M |
|