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 |
Apple
AAPL
|
$419M |
| 2 |
Exxon Mobil
XOM
|
$203M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$188M |
| 4 |
Microsoft
MSFT
|
$187M |
| 5 |
Johnson & Johnson
JNJ
|
$156M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
$58.6M |
| 2 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
$43M |
| 3 |
BCE
BCE
|
$36.9M |
| 4 |
PETM
PETSMART INC
PETM
|
$11.8M |
| 5 |
CFN
CAREFUSION CORPORATION
CFN
|
$11.2M |
Sector Composition
| 1 | Healthcare | 15.69% |
| 2 | Technology | 14.65% |
| 3 | Industrials | 10.83% |
| 4 | Consumer Discretionary | 9.64% |
| 5 | Consumer Staples | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Valero Energy
VLO
$48.7B
| $50.5M | 0.13% |
794,048
+302,600
| +62% | +$19.3M |
|
177
CSX Corp
CSX
$60.6B
| $50.2M | 0.13% |
4,546,560
+1,765,800
| +64% | +$19.5M |
|
|
QGENF
178
DELISTED
QIAGEN NV
QGENF
| $49.5M | 0.13% |
1,964,700
-25,620
| -1% | -$646K |
|
179
Air Products & Chemicals
APD
$64.5B
| $49.2M | 0.13% |
351,872
+137,719
| +64% | +$19.3M |
|
180
Eaton
ETN
$136B
| $49.1M | 0.13% |
723,078
+281,400
| +64% | +$19.1M |
|
181
Dollar General
DG
$24.1B
| $49.1M | 0.13% |
651,625
+161,400
| +33% | +$12.2M |
|
|
BCR
182
DELISTED
CR Bard Inc.
BCR
| $49.1M | 0.13% |
293,361
+27,700
| +10% | +$4.64M |
|
183
Broadcom
AVGO
$1.58T
| $48.9M | 0.13% |
3,852,020
+1,511,000
| +65% | +$19.2M |
|
184
Norfolk Southern
NSC
$62.3B
| $48.5M | 0.13% |
471,447
+184,300
| +64% | +$19M |
|
185
Motorola Solutions
MSI
$79.8B
| $48.3M | 0.13% |
724,678
+94,400
| +15% | +$6.29M |
|
186
Liberty Global Class C
LBTYK
$4.12B
| $48.2M | 0.13% |
1,197,207
+466,502
| +64% | +$18.8M |
|
187
WEC Energy
WEC
$34.7B
| $48.2M | 0.13% |
973,896
+71,700
| +8% | +$3.55M |
|
188
Micron Technology
MU
$147B
| $47.9M | 0.13% |
1,765,803
+725,600
| +70% | +$19.7M |
|
189
Stryker
SYK
$150B
| $47.9M | 0.13% |
518,771
+202,700
| +64% | +$18.7M |
|
|
CTRX
190
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $47.5M | 0.13% |
802,200
+155,100
| +24% | +$9.19M |
|
191
TE Connectivity
TEL
$61.7B
| $47.3M | 0.13% |
660,709
+261,300
| +65% | +$18.7M |
|
|
CB
192
DELISTED
CHUBB CORPORATION
CB
| $47.3M | 0.13% |
467,374
+121,900
| +35% | +$12.3M |
|
193
PPG Industries
PPG
$24.8B
| $47.1M | 0.13% |
417,860
+161,600
| +63% | +$18.2M |
|
194
Synopsys
SNPS
$111B
| $46.8M | 0.13% |
1,010,736
+16,700
| +2% | +$774K |
|
|
CNH
195
CNH Industrial
CNH
$14.3B
| $46.7M | 0.12% |
6,548,310
+139,093
| +2% | +$991K |
|
196
Archer Daniels Midland
ADM
$30.2B
| $46.5M | 0.12% |
980,704
+379,800
| +63% | +$18M |
|
197
Marsh & McLennan
MMC
$100B
| $46.2M | 0.12% |
824,163
+317,700
| +63% | +$17.8M |
|
198
Rogers Communications
RCI
$19.4B
| $45.8M | 0.12% |
1,374,800
+257,400
| +23% | +$8.58M |
|
|
PCP
199
DELISTED
PRECISION CASTPARTS CORP
PCP
| $45.6M | 0.12% |
217,235
+83,700
| +63% | +$17.6M |
|
200
Cardinal Health
CAH
$35.7B
| $45.5M | 0.12% |
504,248
+191,000
| +61% | +$17.2M |
|