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
|
$430M |
| 2 |
Microsoft
MSFT
|
$312M |
| 3 |
Exxon Mobil
XOM
|
$258M |
| 4 |
GE Aerospace
GE
|
$224M |
| 5 |
Johnson & Johnson
JNJ
|
$221M |
Top Sells
| 1 |
BRCM
BROADCOM CORP CL-A
BRCM
|
$58.7M |
| 2 |
PCP
PRECISION CASTPARTS CORP
PCP
|
$57.9M |
| 3 |
CB
CHUBB CORPORATION
CB
|
$54.7M |
| 4 |
GMCR
KEURIG GREEN MTN INC
GMCR
|
$20M |
| 5 |
TW
TOWERS WATSON & CO COM STK CL A (DE)
TW
|
$16.1M |
Sector Composition
| 1 | Technology | 14.87% |
| 2 | Healthcare | 14.67% |
| 3 | Consumer Discretionary | 10.51% |
| 4 | Consumer Staples | 10.32% |
| 5 | Industrials | 10.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
BCR
176
DELISTED
CR Bard Inc.
BCR
| $69.5M | 0.13% |
357,761
+52,500
| +17% | +$10.2M |
|
177
NXP Semiconductors
NXPI
$57.9B
| $69.5M | 0.13% |
894,328
+4,800
| +0.5% | +$373K |
|
178
Regeneron Pharmaceuticals
REGN
$61B
| $68.8M | 0.13% |
199,100
+60,600
| +44% | +$20.9M |
|
179
Annaly Capital Management
NLY
$13.4B
| $68.3M | 0.13% |
6,943,675
+629,900
| +10% | +$6.19M |
|
180
Humana
HUM
$37.1B
| $67.5M | 0.12% |
385,026
+116,200
| +43% | +$20.4M |
|
181
Aflac
AFL
$56.3B
| $67.1M | 0.12% |
1,108,695
+327,800
| +42% | +$19.8M |
|
182
Realty Income
O
$52.6B
| $66.6M | 0.12% |
1,111,700
+237,700
| +27% | +$14.2M |
|
183
Wheaton Precious Metals
WPM
$45.7B
| $66.4M | 0.12% |
4,146,300
+376,000
| +10% | +$6.02M |
|
|
BXLT
184
DELISTED
BAXALTA INC COM STK (DE)
BXLT
| $65.4M | 0.12% |
1,688,351
+705,700
| +72% | +$27.3M |
|
185
Constellation Brands
STZ
$26.5B
| $65.1M | 0.12% |
449,816
+137,400
| +44% | +$19.9M |
|
186
Cencora
COR
$57.2B
| $65M | 0.12% |
783,681
+112,500
| +17% | +$9.33M |
|
187
Allstate
ALL
$53.3B
| $65M | 0.12% |
1,006,173
+278,500
| +38% | +$18M |
|
188
Intuit
INTU
$184B
| $65M | 0.12% |
651,573
+173,200
| +36% | +$17.3M |
|
189
Ross Stores
ROST
$49.4B
| $64.8M | 0.12% |
1,168,392
+304,000
| +35% | +$16.9M |
|
190
Weyerhaeuser
WY
$18B
| $64.6M | 0.12% |
2,177,020
+1,111,046
| +104% | +$33M |
|
191
J.M. Smucker
SJM
$11.6B
| $64.5M | 0.12% |
518,499
+99,600
| +24% | +$12.4M |
|
192
PPL Corp
PPL
$26.8B
| $63.7M | 0.12% |
1,745,247
+528,000
| +43% | +$19.3M |
|
193
Sherwin-Williams
SHW
$89.9B
| $63.4M | 0.12% |
232,461
+60,800
| +35% | +$16.6M |
|
194
HCA Healthcare
HCA
$94.7B
| $63.4M | 0.12% |
847,322
+243,800
| +40% | +$18.2M |
|
195
Applied Materials
AMAT
$125B
| $63.3M | 0.12% |
3,119,322
+936,400
| +43% | +$19M |
|
196
Boston Scientific
BSX
$158B
| $63M | 0.12% |
3,494,830
+1,053,100
| +43% | +$19M |
|
197
Johnson Controls International
JCI
$69B
| $62.8M | 0.12% |
1,682,702
+494,300
| +42% | +$18.5M |
|
198
CSX Corp
CSX
$60B
| $62.5M | 0.11% |
2,532,820
+749,300
| +42% | +$18.5M |
|
199
Boston Properties
BXP
$11.4B
| $62.4M | 0.11% |
512,635
+117,000
| +30% | +$14.2M |
|
200
Norfolk Southern
NSC
$62.1B
| $61.9M | 0.11% |
775,647
+228,500
| +42% | +$18.2M |
|