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 | |
|---|---|---|---|---|---|---|
201
Cintas
CTAS
$82.4B
| $171M | 0.1% |
1,612,260
+203,600
| +14% | +$21.7M |
|
202
Realty Income
O
$54.2B
| $170M | 0.1% |
2,450,922
+356,400
| +17% | +$24.7M |
|
203
Snap
SNAP
$12.4B
| $169M | 0.1% |
4,696,858
+665,300
| +17% | +$23.9M |
|
204
Xcel Energy
XEL
$43B
| $168M | 0.09% |
2,333,103
+286,500
| +14% | +$20.7M |
|
205
Baxter International
BAX
$12.5B
| $168M | 0.09% |
2,168,575
+268,400
| +14% | +$20.8M |
|
206
Kinder Morgan
KMI
$59.1B
| $167M | 0.09% |
8,823,562
+1,070,000
| +14% | +$20.2M |
|
207
DuPont de Nemours
DD
$32.6B
| $165M | 0.09% |
2,244,110
+255,900
| +13% | +$18.8M |
|
208
Devon Energy
DVN
$22.1B
| $165M | 0.09% |
2,785,654
+341,500
| +14% | +$20.2M |
|
209
Constellation Brands
STZ
$26.2B
| $164M | 0.09% |
711,536
+72,000
| +11% | +$16.6M |
|
210
Carrier Global
CARR
$55.8B
| $164M | 0.09% |
3,565,748
+432,500
| +14% | +$19.8M |
|
211
Sea Limited
SE
$113B
| $163M | 0.09% |
1,361,200
+827,600
| +155% | +$99.1M |
|
212
SBA Communications
SBAC
$21.2B
| $162M | 0.09% |
471,187
+54,800
| +13% | +$18.9M |
|
213
Parker-Hannifin
PH
$96.1B
| $158M | 0.09% |
556,585
+65,900
| +13% | +$18.7M |
|
214
Waste Connections
WCN
$46.1B
| $158M | 0.09% |
1,128,433
+138,300
| +14% | +$19.3M |
|
215
Trane Technologies
TT
$92.1B
| $157M | 0.09% |
1,028,934
+125,800
| +14% | +$19.2M |
|
216
Arthur J. Gallagher & Co
AJG
$76.7B
| $157M | 0.09% |
897,805
+112,000
| +14% | +$19.6M |
|
217
Dollar Tree
DLTR
$20.6B
| $156M | 0.09% |
974,340
+119,500
| +14% | +$19.1M |
|
218
eBay
EBAY
$42.3B
| $155M | 0.09% |
2,711,374
+240,600
| +10% | +$13.8M |
|
219
Electronic Arts
EA
$42.2B
| $155M | 0.09% |
1,224,965
+143,400
| +13% | +$18.1M |
|
220
Public Service Enterprise Group
PEG
$40.5B
| $153M | 0.09% |
2,190,166
+268,500
| +14% | +$18.8M |
|
221
ResMed
RMD
$40.6B
| $153M | 0.09% |
631,131
+77,400
| +14% | +$18.8M |
|
222
Yum! Brands
YUM
$40.1B
| $150M | 0.08% |
1,269,684
+145,900
| +13% | +$17.3M |
|
223
AvalonBay Communities
AVB
$27.8B
| $150M | 0.08% |
605,280
+74,600
| +14% | +$18.5M |
|
224
TransDigm Group
TDG
$71.6B
| $148M | 0.08% |
227,361
+28,300
| +14% | +$18.4M |
|
225
Fastenal
FAST
$55.1B
| $148M | 0.08% |
4,982,414
+613,600
| +14% | +$18.2M |
|