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 |
TFCFA
Twenty-First Century Fox, Inc. Class A
TFCFA
|
$55.7M |
| 2 |
TFCF
Twenty-First Century Fox, Inc. Class B
TFCF
|
$15.9M |
| 3 |
Capri Holdings
CPRI
|
$15.5M |
| 4 |
Apple
AAPL
|
$8.15M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$8.15M |
Top Sells
| 1 |
Berkshire Hathaway Class B
BRK.B
|
$127M |
| 2 |
NWSA
NEWS CORPORATION CL-A
NWSA
|
$53M |
| 3 |
FON
SPRINT CORP FON COM
FON
|
$22.5M |
| 4 |
NWS
THE NEWS CORPORATION LTD CL-B
NWS
|
$15.3M |
| 5 |
BMC
BMC SOFTWARE, INC
BMC
|
$6.18M |
Sector Composition
| 1 | Technology | 13.05% |
| 2 | Healthcare | 12.66% |
| 3 | Energy | 12.07% |
| 4 | Consumer Staples | 10.69% |
| 5 | Industrials | 10.68% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
General Dynamics
GD
$86.7B
| $28.5M | 0.12% |
325,064
+5,400
| +2% | +$473K |
|
202
RenaissanceRe
RNR
$11.5B
| $28M | 0.12% |
308,975
+7,400
| +2% | +$670K |
|
|
PXD
203
DELISTED
Pioneer Natural Resource Co.
PXD
| $27.9M | 0.12% |
147,952
+7,100
| +5% | +$1.34M |
|
204
W.R. Berkley
WRB
$27.7B
| $27.6M | 0.12% |
2,173,662
+38,137
| +2% | +$484K |
|
205
Kinross Gold
KGC
$26.2B
| $27.6M | 0.11% |
5,463,635
+68,000
| +1% | +$343K |
|
206
Exelon
EXC
$43.8B
| $27.5M | 0.11% |
1,299,416
+23,694
| +2% | +$501K |
|
207
Elevance Health
ELV
$69.4B
| $27.2M | 0.11% |
325,241
+1,700
| +0.5% | +$142K |
|
|
RTN
208
DELISTED
Raytheon Company
RTN
| $27.1M | 0.11% |
351,545
+4,300
| +1% | +$331K |
|
209
Dollar General
DG
$23.9B
| $26.9M | 0.11% |
476,225
+8,200
| +2% | +$463K |
|
210
Williams Companies
WMB
$70.3B
| $26.9M | 0.11% |
739,341
+14,100
| +2% | +$513K |
|
211
Cognizant
CTSH
$34.9B
| $26.8M | 0.11% |
653,330
+11,000
| +2% | +$452K |
|
212
Adobe
ADBE
$146B
| $26.8M | 0.11% |
516,383
+9,300
| +2% | +$483K |
|
|
MRO
213
DELISTED
Marathon Oil Corporation
MRO
| $26.8M | 0.11% |
767,597
+14,500
| +2% | +$506K |
|
214
Ventas
VTR
$30.8B
| $26.4M | 0.11% |
376,177
+8,056
| +2% | +$566K |
|
215
Norfolk Southern
NSC
$62.8B
| $26.4M | 0.11% |
341,247
+6,600
| +2% | +$511K |
|
|
LNKD
216
DELISTED
LinkedIn Corporation
LNKD
| $26.4M | 0.11% |
107,200
+12,000
| +13% | +$2.95M |
|
217
Archer Daniels Midland
ADM
$29.8B
| $26.3M | 0.11% |
713,704
+12,900
| +2% | +$475K |
|
|
AET
218
DELISTED
Aetna Inc
AET
| $26.2M | 0.11% |
409,638
+7,200
| +2% | +$461K |
|
219
Regeneron Pharmaceuticals
REGN
$60.1B
| $26M | 0.11% |
83,100
+1,900
| +2% | +$594K |
|
220
Marsh & McLennan
MMC
$101B
| $26M | 0.11% |
596,063
+12,500
| +2% | +$544K |
|
221
Cummins
CMI
$55.2B
| $25.9M | 0.11% |
195,219
+3,300
| +2% | +$438K |
|
|
NBL
222
DELISTED
Noble Energy, Inc.
NBL
| $25.9M | 0.11% |
387,044
+6,800
| +2% | +$456K |
|
|
HES
223
DELISTED
Hess
HES
| $25.9M | 0.11% |
334,565
+7,400
| +2% | +$572K |
|
224
PPG Industries
PPG
$24.7B
| $25.8M | 0.11% |
309,460
+5,400
| +2% | +$451K |
|
225
Allstate
ALL
$54.9B
| $25.7M | 0.11% |
507,473
-600
| -0.1% | -$30.3K |
|