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
|
$1.44B |
| 2 |
Microsoft
MSFT
|
$1.16B |
| 3 |
Amazon
AMZN
|
$797M |
| 4 |
Tesla
TSLA
|
$537M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$441M |
Top Sells
| 1 |
XLNX
Xilinx Inc
XLNX
|
$199M |
| 2 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$191M |
| 3 |
NUAN
Nuance Communications, Inc.
NUAN
|
$62.8M |
| 4 |
Exelon
EXC
|
$46.4M |
| 5 |
KL
Kirkland Lake Gold Ltd Ordinary
KL
|
$43.9M |
Sector Composition
| 1 | Technology | 28.24% |
| 2 | Healthcare | 14.22% |
| 3 | Consumer Discretionary | 13.07% |
| 4 | Communication Services | 9.52% |
| 5 | Industrials | 8.55% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
IQVIA
IQV
$31.9B
| $191M | 0.11% |
827,426
+99,200
| +14% | +$22.9M |
|
177
lululemon athletica
LULU
$19.9B
| $187M | 0.11% |
512,759
+62,800
| +14% | +$22.9M |
|
178
Simon Property Group
SPG
$59.5B
| $187M | 0.11% |
1,423,291
+174,300
| +14% | +$22.9M |
|
179
AutoZone
AZO
$70.6B
| $185M | 0.1% |
90,723
+8,800
| +11% | +$18M |
|
180
TE Connectivity
TEL
$61.7B
| $185M | 0.1% |
1,413,308
+166,600
| +13% | +$21.8M |
|
181
Nucor
NUE
$33.8B
| $184M | 0.1% |
1,237,941
+121,600
| +11% | +$18.1M |
|
182
Manulife Financial
MFC
$52.1B
| $184M | 0.1% |
8,628,368
+986,600
| +13% | +$21M |
|
183
Hilton Worldwide
HLT
$64B
| $183M | 0.1% |
1,207,238
+148,000
| +14% | +$22.5M |
|
184
Corteva
CTVA
$49.1B
| $181M | 0.1% |
3,157,139
+366,500
| +13% | +$21.1M |
|
185
Sysco
SYY
$39.4B
| $181M | 0.1% |
2,220,428
+275,900
| +14% | +$22.5M |
|
186
Welltower
WELL
$112B
| $181M | 0.1% |
1,885,280
+279,200
| +17% | +$26.8M |
|
187
HP
HPQ
$27.4B
| $181M | 0.1% |
4,991,926
+426,000
| +9% | +$15.5M |
|
188
Microchip Technology
MCHP
$35.6B
| $181M | 0.1% |
2,403,310
+320,100
| +15% | +$24.1M |
|
189
Valero Energy
VLO
$48.7B
| $180M | 0.1% |
1,770,794
+217,100
| +14% | +$22M |
|
190
Kimberly-Clark
KMB
$43.1B
| $180M | 0.1% |
1,458,378
+178,200
| +14% | +$21.9M |
|
191
Phillips 66
PSX
$53.2B
| $180M | 0.1% |
2,078,367
+413,600
| +25% | +$35.7M |
|
192
General Mills
GIS
$27B
| $178M | 0.1% |
2,623,427
+319,000
| +14% | +$21.6M |
|
193
Motorola Solutions
MSI
$79.8B
| $177M | 0.1% |
731,512
+87,900
| +14% | +$21.3M |
|
194
Williams Companies
WMB
$69.9B
| $176M | 0.1% |
5,262,597
+644,500
| +14% | +$21.5M |
|
195
Kroger
KR
$44.8B
| $176M | 0.1% |
3,059,790
+361,600
| +13% | +$20.7M |
|
196
Aflac
AFL
$57.2B
| $175M | 0.1% |
2,721,962
+300,000
| +12% | +$19.3M |
|
197
Digital Realty Trust
DLR
$55.7B
| $174M | 0.1% |
1,229,160
+155,100
| +14% | +$22M |
|
198
Agilent Technologies
A
$36.5B
| $173M | 0.1% |
1,308,021
+156,400
| +14% | +$20.7M |
|
199
Allstate
ALL
$53.1B
| $172M | 0.1% |
1,241,661
+117,800
| +10% | +$16.3M |
|
200
Global Payments
GPN
$21.3B
| $172M | 0.1% |
1,256,708
+140,200
| +13% | +$19.2M |
|