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 |
Dow Inc
DOW
|
$123M |
| 2 |
Newmont
NEM
|
$77.1M |
| 3 |
Corteva
CTVA
|
$72.5M |
| 4 |
Amcor
AMCR
|
$60.2M |
| 5 |
Alibaba
BABA
|
$47.4M |
Top Sells
| 1 |
DuPont de Nemours
DD
|
$101M |
| 2 |
Apple
AAPL
|
$94.5M |
| 3 |
GG
Goldcorp Inc
GG
|
$78.3M |
| 4 |
Microsoft
MSFT
|
$77.6M |
| 5 |
Pfizer
PFE
|
$53.9M |
Sector Composition
| 1 | Technology | 19.94% |
| 2 | Healthcare | 14.68% |
| 3 | Consumer Discretionary | 11.95% |
| 4 | Communication Services | 10.13% |
| 5 | Industrials | 9.7% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
HCA Healthcare
HCA
$95.4B
| $121M | 0.13% |
893,822
-25,300
| -3% | -$3.42M |
|
177
Canadian Natural Resources
CNQ
$65B
| $119M | 0.13% |
4,432,000
+209,800
| +5% | +$5.66M |
|
178
Nutrien
NTR
$27.6B
| $119M | 0.13% |
2,220,852
+67,700
| +3% | +$3.62M |
|
|
RHT
179
DELISTED
Red Hat Inc
RHT
| $118M | 0.13% |
626,315
+36,200
| +6% | +$6.8M |
|
|
ATVI
180
DELISTED
Activision Blizzard Inc.
ATVI
| $118M | 0.13% |
2,490,034
+70,400
| +3% | +$3.32M |
|
181
Valero Energy
VLO
$48.3B
| $117M | 0.13% |
1,361,348
-54,900
| -4% | -$4.7M |
|
182
Autodesk
ADSK
$67.9B
| $116M | 0.13% |
714,099
-15,600
| -2% | -$2.54M |
|
183
Eaton
ETN
$134B
| $115M | 0.12% |
1,380,978
-65,700
| -5% | -$5.47M |
|
|
APC
184
DELISTED
Anadarko Petroleum
APC
| $115M | 0.12% |
1,628,605
-55,600
| -3% | -$3.92M |
|
185
Church & Dwight Co
CHD
$22.7B
| $115M | 0.12% |
1,570,616
-112,900
| -7% | -$8.25M |
|
186
Williams Companies
WMB
$70.5B
| $111M | 0.12% |
3,949,041
-91,700
| -2% | -$2.57M |
|
187
Eversource Energy
ES
$23.5B
| $110M | 0.12% |
1,456,657
-34,900
| -2% | -$2.64M |
|
188
Shopify
SHOP
$182B
| $109M | 0.12% |
362,400
+48,200
| +15% | +$14.5M |
|
189
Johnson Controls International
JCI
$68.9B
| $109M | 0.12% |
2,635,521
-449,000
| -15% | -$18.5M |
|
190
Realty Income
O
$53B
| $108M | 0.12% |
1,570,600
-9,900
| -0.6% | -$683K |
|
191
Broadridge
BR
$29.3B
| $108M | 0.12% |
842,500
-24,100
| -3% | -$3.08M |
|
192
TE Connectivity
TEL
$60.9B
| $106M | 0.11% |
1,104,709
-40,900
| -4% | -$3.92M |
|
193
HP
HPQ
$26.8B
| $104M | 0.11% |
4,999,192
-282,800
| -5% | -$5.88M |
|
194
Workday
WDAY
$62.3B
| $101M | 0.11% |
492,300
-5,000
| -1% | -$1.03M |
|
195
Trane Technologies
TT
$90.9B
| $100M | 0.11% |
789,558
-30,400
| -4% | -$3.85M |
|
196
T-Mobile US
TMUS
$284B
| $99.8M | 0.11% |
1,346,224
+120,100
| +10% | +$8.9M |
|
197
Electronic Arts
EA
$42B
| $99M | 0.11% |
977,855
-30,600
| -3% | -$3.1M |
|
198
O'Reilly Automotive
ORLY
$88.1B
| $98.8M | 0.11% |
267,432
| – | – |
|
199
VeriSign
VRSN
$25.6B
| $98.4M | 0.11% |
470,530
-14,700
| -3% | -$3.07M |
|
200
Ameren
AEE
$27B
| $98.2M | 0.11% |
1,306,993
-30,700
| -2% | -$2.31M |
|