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 |
RTX Corp
RTX
|
$173M |
| 2 |
Alibaba
BABA
|
$138M |
| 3 |
AbbVie
ABBV
|
$122M |
| 4 |
Edwards Lifesciences
EW
|
$115M |
| 5 |
Zoom
ZM
|
$109M |
Top Sells
| 1 |
AGN
Allergan plc
AGN
|
$226M |
| 2 |
RTN
Raytheon Company
RTN
|
$145M |
| 3 |
Newmont
NEM
|
$52.9M |
| 4 |
WBC
WABCO HOLDINGS INC.
WBC
|
$51.2M |
| 5 |
ACB
Aurora Cannabis
ACB
|
$49.5M |
Sector Composition
| 1 | Technology | 25.6% |
| 2 | Healthcare | 15.16% |
| 3 | Consumer Discretionary | 12.49% |
| 4 | Communication Services | 10.4% |
| 5 | Industrials | 8.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
NXP Semiconductors
NXPI
$59.2B
| $128M | 0.11% |
1,125,086
-192,400
| -15% | -$21.9M |
|
177
Cognizant
CTSH
$35.3B
| $127M | 0.11% |
2,228,486
+41,700
| +2% | +$2.37M |
|
|
WBA
178
DELISTED
Walgreens Boots Alliance
WBA
| $126M | 0.11% |
2,977,792
+33,400
| +1% | +$1.42M |
|
179
Equity Residential
EQR
$25.3B
| $126M | 0.11% |
2,135,578
-7,000
| -0.3% | -$412K |
|
180
Phillips 66
PSX
$54B
| $125M | 0.11% |
1,738,030
+13,300
| +0.8% | +$956K |
|
181
Workday
WDAY
$61.6B
| $124M | 0.1% |
660,527
+24,000
| +4% | +$4.5M |
|
182
Veeva Systems
VEEV
$44.1B
| $123M | 0.1% |
522,956
+12,400
| +2% | +$2.91M |
|
|
SPLK
183
DELISTED
Splunk Inc
SPLK
| $123M | 0.1% |
616,938
+17,800
| +3% | +$3.54M |
|
184
Kinder Morgan
KMI
$60B
| $122M | 0.1% |
8,062,233
+150,600
| +2% | +$2.28M |
|
185
KLA
KLAC
$112B
| $121M | 0.1% |
620,206
+7,800
| +1% | +$1.52M |
|
186
Travelers Companies
TRV
$61.1B
| $120M | 0.1% |
1,055,697
+11,300
| +1% | +$1.29M |
|
187
Dow Inc
DOW
$17.5B
| $120M | 0.1% |
2,933,255
+55,400
| +2% | +$2.26M |
|
188
Sysco
SYY
$38.5B
| $118M | 0.1% |
2,165,593
-167,100
| -7% | -$9.13M |
|
189
Verisk Analytics
VRSK
$37.5B
| $118M | 0.1% |
694,002
+4,100
| +0.6% | +$698K |
|
190
Broadridge
BR
$29.9B
| $118M | 0.1% |
935,889
-17,700
| -2% | -$2.23M |
|
191
Uber
UBER
$196B
| $117M | 0.1% |
3,757,229
+2,102,100
| +127% | +$65.3M |
|
192
EOG Resources
EOG
$68.2B
| $117M | 0.1% |
2,300,538
+42,700
| +2% | +$2.16M |
|
193
Jack Henry & Associates
JKHY
$11.9B
| $116M | 0.1% |
631,328
-12,800
| -2% | -$2.36M |
|
194
DocuSign
DOCU
$15B
| $116M | 0.1% |
674,217
+264,300
| +64% | +$45.5M |
|
195
Constellation Brands
STZ
$28.5B
| $116M | 0.1% |
662,457
+12,300
| +2% | +$2.15M |
|
196
Hormel Foods
HRL
$14B
| $115M | 0.1% |
2,387,124
-44,600
| -2% | -$2.15M |
|
|
INFO
197
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $113M | 0.1% |
1,502,012
+23,400
| +2% | +$1.77M |
|
198
MetLife
MET
$54.1B
| $112M | 0.1% |
3,078,776
+44,900
| +1% | +$1.64M |
|
199
Manulife Financial
MFC
$52.2B
| $112M | 0.09% |
8,290,300
+643,700
| +8% | +$8.7M |
|
200
Entergy
ETR
$39.3B
| $112M | 0.09% |
1,192,948
-4,800
| -0.4% | -$450K |
|