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 |
Starbucks
SBUX
|
$81.5M |
| 2 |
Apple
AAPL
|
$61.5M |
| 3 |
Alphabet (Google) Class C
GOOG
|
$44.6M |
| 4 |
Brookfield
BN
|
$43.9M |
| 5 |
AvalonBay Communities
AVB
|
$35.3M |
Top Sells
| 1 |
Qualcomm
QCOM
|
$48.4M |
| 2 |
Cencora
COR
|
$37.3M |
| 3 |
LO
LORILLARD INC COM STK
LO
|
$35.8M |
| 4 |
TLM
TALISMAN ENERGY INC
TLM
|
$30M |
| 5 |
Ecolab
ECL
|
$29M |
Sector Composition
| 1 | Healthcare | 16.29% |
| 2 | Technology | 14.54% |
| 3 | Industrials | 10.58% |
| 4 | Consumer Discretionary | 9.8% |
| 5 | Consumer Staples | 9.22% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Humana
HUM
$36.9B
| $46.2M | 0.12% |
241,426
+7,800
| +3% | +$1.49M |
|
202
Marathon Petroleum
MPC
$54.4B
| $46.1M | 0.12% |
881,096
+454,248
| +106% | +$23.8M |
|
203
Imperial Oil
IMO
$45.9B
| $46M | 0.12% |
1,185,300
+58,800
| +5% | +$2.28M |
|
|
PCP
204
DELISTED
PRECISION CASTPARTS CORP
PCP
| $45.7M | 0.12% |
228,735
+11,500
| +5% | +$2.3M |
|
|
BRCM
205
DELISTED
BROADCOM CORP CL-A
BRCM
| $45.7M | 0.12% |
887,389
+27,400
| +3% | +$1.41M |
|
206
Viatris
VTRS
$12.2B
| $45.5M | 0.12% |
670,113
+99,900
| +18% | +$6.78M |
|
207
Aon
AON
$79.1B
| $45.1M | 0.12% |
452,171
+39,500
| +10% | +$3.94M |
|
208
Air Products & Chemicals
APD
$65B
| $44.9M | 0.12% |
328,506
+3,000
| +0.9% | +$410K |
|
209
Cardinal Health
CAH
$35.4B
| $44.6M | 0.12% |
532,648
+28,400
| +6% | +$2.38M |
|
210
Aflac
AFL
$56.5B
| $44M | 0.11% |
708,095
+21,800
| +3% | +$1.36M |
|
211
Boston Properties
BXP
$11.4B
| $43.9M | 0.11% |
362,935
+129,700
| +56% | +$15.7M |
|
212
Pembina Pipeline
PBA
$21.9B
| $43.9M | 0.11% |
1,351,000
+75,100
| +6% | +$2.44M |
|
213
Exelon
EXC
$43.9B
| $43.6M | 0.11% |
1,388,030
+78,700
| +6% | +$2.47M |
|
214
Allstate
ALL
$53.6B
| $43.6M | 0.11% |
671,873
+32,900
| +5% | +$2.13M |
|
215
Sherwin-Williams
SHW
$90.1B
| $43.5M | 0.11% |
158,161
+4,200
| +3% | +$1.16M |
|
216
Norfolk Southern
NSC
$61.9B
| $43.3M | 0.11% |
495,947
+24,500
| +5% | +$2.14M |
|
|
BHI
217
DELISTED
Baker Hughes
BHI
| $43.2M | 0.11% |
700,928
+41,800
| +6% | +$2.58M |
|
218
VF Corp
VFC
$5.88B
| $42.3M | 0.11% |
606,244
+29,400
| +5% | +$2.05M |
|
219
TE Connectivity
TEL
$59.8B
| $42.2M | 0.11% |
656,309
-4,400
| -0.7% | -$283K |
|
220
Perrigo
PRGO
$3.26B
| $42M | 0.11% |
227,362
-27,000
| -11% | -$4.99M |
|
221
American Electric Power
AEP
$59.1B
| $41.8M | 0.11% |
789,989
+44,700
| +6% | +$2.37M |
|
222
Sysco
SYY
$38.6B
| $41.7M | 0.11% |
1,155,340
+48,100
| +4% | +$1.74M |
|
223
Aptiv
APTV
$17B
| $41.6M | 0.11% |
488,800
+2,600
| +0.5% | +$221K |
|
224
AGNC Investment
AGNC
$10.1B
| $41.2M | 0.11% |
2,244,600
+1,708,300
| +319% | +$31.4M |
|
|
PARA
225
DELISTED
Paramount Global Class B
PARA
| $41.1M | 0.11% |
741,325
+9,500
| +1% | +$527K |
|