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 |
Starbucks
SBUX
|
$81.5M |
| 2 |
Apple
AAPL
|
$61.5M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$44.6M |
| 4 |
Brookfield
BN
|
$43.9M |
| 5 |
AvalonBay Communities
AVB
|
$35.3M |
Top Sells
| 1 |
Qualcomm
QCOM
|
$48.4M |
| 2 |
Cencora
COR
|
$37.3M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
$30M |
| 5 |
Ecolab
ECL
|
$29M |
Sector Composition
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.54% |
| 3 | Industrials | 10.58% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Valero Energy
VLO
$47.2B
| $52M | 0.13% |
830,748
+36,700
| +5% | +$2.3M |
|
|
CNH
177
CNH Industrial
CNH
$14.3B
| $51.6M | 0.13% |
5,635,888
-63,250
| -1% | -$580K |
|
178
Rogers Communications
RCI
$19.4B
| $51.5M | 0.13% |
1,446,500
+71,700
| +5% | +$2.55M |
|
179
Synopsys
SNPS
$112B
| $51.4M | 0.13% |
1,014,436
+3,700
| +0.4% | +$187K |
|
180
Liberty Global Class C
LBTYK
$4.07B
| $51.1M | 0.13% |
1,009,639
+41,100
| +4% | +$2.08M |
|
181
Eaton
ETN
$136B
| $51M | 0.13% |
754,978
+31,900
| +4% | +$2.15M |
|
|
CTRX
182
DELISTED
CATAMARAN CORP COM STK (CDA)
CTRX
| $50.9M | 0.13% |
829,000
+26,800
| +3% | +$1.65M |
|
183
Illumina
ILMN
$15.8B
| $50.6M | 0.13% |
231,945
+15,700
| +7% | +$3.43M |
|
184
Illinois Tool Works
ITW
$77.1B
| $50.6M | 0.13% |
551,006
-14,800
| -3% | -$1.36M |
|
185
Deere & Co
DE
$129B
| $50.5M | 0.13% |
520,419
+1,700
| +0.3% | +$165K |
|
186
PPG Industries
PPG
$25.1B
| $50.3M | 0.13% |
438,860
+229,930
| +110% | +$26.4M |
|
187
Travelers Companies
TRV
$61.1B
| $50.1M | 0.13% |
518,516
+13,700
| +3% | +$1.32M |
|
188
Hershey
HSY
$37.3B
| $49.9M | 0.13% |
561,526
-4,300
| -0.8% | -$382K |
|
|
BCR
189
DELISTED
CR Bard Inc.
BCR
| $49.4M | 0.13% |
289,661
-3,700
| -1% | -$632K |
|
190
Archer Daniels Midland
ADM
$30.1B
| $49.3M | 0.13% |
1,023,404
+42,700
| +4% | +$2.06M |
|
191
Marsh & McLennan
MMC
$101B
| $49.3M | 0.13% |
869,263
+45,100
| +5% | +$2.56M |
|
192
HCA Healthcare
HCA
$94.5B
| $49.3M | 0.13% |
542,922
+80,600
| +17% | +$7.31M |
|
|
193
Ecolab
ECL
$78.6B
| $49.2M | 0.13% |
435,042
-256,130
| -37% | -$29M |
|
194
Henry Schein
HSIC
$8.44B
| $49.2M | 0.13% |
346,059
-191,800
| -36% | -$27.3M |
|
195
Vornado Realty Trust
VNO
$7.3B
| $48.4M | 0.13% |
510,143
+252,700
| +98% | +$24M |
|
196
Vertex Pharmaceuticals
VRTX
$100B
| $48.2M | 0.12% |
390,309
+23,900
| +7% | +$2.95M |
|
197
Republic Services
RSG
$73B
| $47.6M | 0.12% |
1,215,848
-91,400
| -7% | -$3.58M |
|
198
WEC Energy
WEC
$34.3B
| $47.5M | 0.12% |
1,056,581
+82,685
| +8% | +$3.72M |
|
|
SIAL
199
DELISTED
SIGMA - ALDRICH CORP
SIAL
| $47.2M | 0.12% |
338,746
+157,300
| +87% | +$21.9M |
|
200
SBA Communications
SBAC
$22B
| $46.2M | 0.12% |
402,251
-97,700
| -20% | -$11.2M |
|