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 |
L3Harris
LHX
|
$148M |
| 2 |
GE HealthCare
GEHC
|
$118M |
| 3 |
Atlassian
TEAM
|
$101M |
| 4 |
Monster Beverage
MNST
|
$81.1M |
| 5 |
PACCAR
PCAR
|
$48.1M |
Top Sells
| 1 |
Apple
AAPL
|
$360M |
| 2 |
Microsoft
MSFT
|
$199M |
| 3 |
NVIDIA
NVDA
|
$99.2M |
| 4 |
Amazon
AMZN
|
$85.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$83.8M |
Sector Composition
| 1 | Technology | 28.64% |
| 2 | Healthcare | 14.81% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Industrials | 9.45% |
| 5 | Communication Services | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Arthur J. Gallagher & Co
AJG
$77.6B
| $160M | 0.11% |
836,800
-18,100
| -2% | -$3.46M |
|
177
Travelers Companies
TRV
$61.1B
| $159M | 0.11% |
930,100
-34,400
| -4% | -$5.9M |
|
178
Biogen
BIIB
$19.4B
| $159M | 0.11% |
571,500
-18,300
| -3% | -$5.09M |
|
179
TC Energy
TRP
$54.1B
| $158M | 0.11% |
4,064,401
-202,700
| -5% | -$7.87M |
|
180
Realty Income
O
$53.7B
| $158M | 0.11% |
2,488,913
-21,100
| -0.8% | -$1.34M |
|
181
Nucor
NUE
$34.1B
| $157M | 0.11% |
1,018,100
-45,800
| -4% | -$7.07M |
|
182
Sysco
SYY
$38.5B
| $155M | 0.11% |
2,011,100
-45,900
| -2% | -$3.54M |
|
183
Charter Communications
CHTR
$36.3B
| $155M | 0.11% |
432,416
-24,700
| -5% | -$8.83M |
|
184
Newmont
NEM
$81.7B
| $154M | 0.11% |
3,150,060
-75,600
| -2% | -$3.71M |
|
185
Nutrien
NTR
$28B
| $154M | 0.11% |
2,089,236
-183,300
| -8% | -$13.5M |
|
186
MetLife
MET
$54.1B
| $153M | 0.11% |
2,646,700
-108,800
| -4% | -$6.3M |
|
187
Dow Inc
DOW
$17.5B
| $153M | 0.11% |
2,792,950
-126,000
| -4% | -$6.91M |
|
188
Carrier Global
CARR
$55.5B
| $152M | 0.1% |
3,318,885
-101,600
| -3% | -$4.65M |
|
|
189
PACCAR
PCAR
$52.5B
| $152M | 0.1% |
2,070,225
+656,975
| +46% | +$48.1M |
|
190
Aflac
AFL
$57.2B
| $151M | 0.1% |
2,344,300
-95,600
| -4% | -$6.17M |
|
191
Hilton Worldwide
HLT
$64.9B
| $151M | 0.1% |
1,073,379
-41,400
| -4% | -$5.83M |
|
192
TransDigm Group
TDG
$78.8B
| $151M | 0.1% |
204,900
-4,700
| -2% | -$3.46M |
|
193
Constellation Brands
STZ
$28.5B
| $149M | 0.1% |
658,800
+11,200
| +2% | +$2.53M |
|
194
American International
AIG
$45.1B
| $148M | 0.1% |
2,948,664
-141,900
| -5% | -$7.15M |
|
195
Hershey
HSY
$37.3B
| $148M | 0.1% |
583,300
-13,600
| -2% | -$3.46M |
|
|
196
L3Harris
LHX
$51.9B
| $148M | 0.1% |
+754,729
| New | +$148M |
|
197
Yum! Brands
YUM
$40.8B
| $148M | 0.1% |
1,118,000
-38,500
| -3% | -$5.09M |
|
198
Paychex
PAYX
$50.2B
| $148M | 0.1% |
1,287,400
-29,100
| -2% | -$3.33M |
|
199
IQVIA
IQV
$32.4B
| $147M | 0.1% |
737,180
-20,900
| -3% | -$4.16M |
|
200
Marvell Technology
MRVL
$54.2B
| $147M | 0.1% |
3,383,703
-81,500
| -2% | -$3.53M |
|