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 |
Flutter Entertainment
FLUT
|
$119M |
| 2 |
Corebridge Financial
CRBG
|
$21.5M |
| 3 |
Williams-Sonoma
WSM
|
$19.8M |
| 4 |
Samsara
IOT
|
$19.5M |
| 5 |
Applovin
APP
|
$17.5M |
Top Sells
| 1 |
Apple
AAPL
|
$840M |
| 2 |
Microsoft
MSFT
|
$390M |
| 3 |
NVIDIA
NVDA
|
$295M |
| 4 |
Amazon
AMZN
|
$214M |
| 5 |
Meta Platforms (Facebook)
META
|
$147M |
Sector Composition
| 1 | Technology | 31.25% |
| 2 | Healthcare | 12.76% |
| 3 | Consumer Discretionary | 11.79% |
| 4 | Industrials | 9.5% |
| 5 | Communication Services | 8.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
176
Aflac
AFL
$57.2B
| $143M | 0.1% |
1,662,600
-102,200
| -6% | -$8.77M |
|
177
Williams Companies
WMB
$69.9B
| $142M | 0.1% |
3,643,000
-160,700
| -4% | -$6.26M |
|
178
Carrier Global
CARR
$55.8B
| $141M | 0.1% |
2,420,885
-198,400
| -8% | -$11.5M |
|
|
XYZ
179
Block, Inc.
XYZ
$45.7B
| $140M | 0.1% |
1,657,786
-60,400
| -4% | -$5.11M |
|
180
Oneok
OKE
$45.7B
| $140M | 0.1% |
1,744,588
-76,800
| -4% | -$6.16M |
|
181
MetLife
MET
$52.9B
| $140M | 0.1% |
1,884,200
-114,600
| -6% | -$8.49M |
|
182
Monster Beverage
MNST
$61B
| $139M | 0.1% |
2,336,900
-119,800
| -5% | -$7.1M |
|
183
IQVIA
IQV
$31.9B
| $138M | 0.1% |
546,480
-26,100
| -5% | -$6.6M |
|
184
Public Storage
PSA
$52.2B
| $137M | 0.1% |
473,900
-21,000
| -4% | -$6.09M |
|
185
Crown Castle
CCI
$41.9B
| $137M | 0.1% |
1,298,800
-57,300
| -4% | -$6.06M |
|
186
Manulife Financial
MFC
$52.1B
| $136M | 0.1% |
5,456,700
-453,100
| -8% | -$11.3M |
|
187
W.W. Grainger
GWW
$47.5B
| $136M | 0.1% |
133,800
-6,900
| -5% | -$7.02M |
|
188
American Electric Power
AEP
$57.8B
| $136M | 0.1% |
1,574,800
-36,200
| -2% | -$3.12M |
|
189
Allstate
ALL
$53.1B
| $136M | 0.1% |
783,700
-34,300
| -4% | -$5.93M |
|
190
Snowflake
SNOW
$75.3B
| $135M | 0.09% |
838,300
-38,000
| -4% | -$6.14M |
|
191
Sempra
SRE
$52.9B
| $135M | 0.09% |
1,884,700
-83,100
| -4% | -$5.97M |
|
192
Realty Income
O
$54.2B
| $135M | 0.09% |
2,491,094
+274,781
| +12% | +$14.9M |
|
193
TE Connectivity
TEL
$61.7B
| $135M | 0.09% |
926,500
-55,400
| -6% | -$8.05M |
|
194
lululemon athletica
LULU
$19.9B
| $135M | 0.09% |
344,400
-16,300
| -5% | -$6.37M |
|
195
Idexx Laboratories
IDXX
$51.4B
| $134M | 0.09% |
248,700
-10,900
| -4% | -$5.89M |
|
196
Constellation Brands
STZ
$26.2B
| $134M | 0.09% |
492,600
-24,200
| -5% | -$6.58M |
|
197
Apollo Global Management
APO
$75.3B
| $134M | 0.09% |
1,189,714
-51,200
| -4% | -$5.76M |
|
198
Fortinet
FTNT
$60.4B
| $134M | 0.09% |
1,954,800
-132,600
| -6% | -$9.06M |
|
199
Johnson Controls International
JCI
$69.5B
| $133M | 0.09% |
2,038,381
-89,000
| -4% | -$5.81M |
|
200
Ferguson
FERG
$47.8B
| $133M | 0.09% |
609,447
-28,400
| -4% | -$6.2M |
|