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 |
First Solar
FSLR
|
$24.3M |
| 2 |
Lamb Weston
LW
|
$21.6M |
| 3 |
Ovintiv
OVV
|
$21.3M |
| 4 |
Hubbell
HUBB
|
$21.3M |
| 5 |
U-Haul Holding Co Series N
UHAL.B
|
$19.6M |
Top Sells
| 1 |
Apple
AAPL
|
$627M |
| 2 |
Microsoft
MSFT
|
$479M |
| 3 |
Amazon
AMZN
|
$203M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$169M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
$150M |
Sector Composition
| 1 | Technology | 25.32% |
| 2 | Healthcare | 16.62% |
| 3 | Consumer Discretionary | 10.98% |
| 4 | Industrials | 9.76% |
| 5 | Consumer Staples | 7.63% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Carrier Global
CARR
$55.8B
| $141M | 0.1% |
3,420,485
-256,063
| -7% | -$10.6M |
|
202
Hilton Worldwide
HLT
$64B
| $141M | 0.1% |
1,114,779
-91,459
| -8% | -$11.6M |
|
203
Nucor
NUE
$33.8B
| $140M | 0.1% |
1,063,900
-89,141
| -8% | -$11.7M |
|
204
PACCAR
PCAR
$52B
| $140M | 0.1% |
2,119,875
-138,591
| -6% | -$9.14M |
|
205
DuPont de Nemours
DD
$32.6B
| $140M | 0.1% |
2,035,773
-168,437
| -8% | -$11.6M |
|
206
Cummins
CMI
$55.1B
| $139M | 0.1% |
573,100
-38,574
| -6% | -$9.35M |
|
207
Waste Connections
WCN
$46.1B
| $139M | 0.1% |
1,045,245
-69,488
| -6% | -$9.21M |
|
208
Hershey
HSY
$37.6B
| $138M | 0.1% |
596,900
-35,794
| -6% | -$8.29M |
|
209
Electronic Arts
EA
$42.2B
| $138M | 0.1% |
1,130,800
-82,065
| -7% | -$10M |
|
210
Idexx Laboratories
IDXX
$51.4B
| $138M | 0.1% |
338,300
-25,736
| -7% | -$10.5M |
|
211
Consolidated Edison
ED
$35.4B
| $137M | 0.1% |
1,441,200
-94,169
| -6% | -$8.98M |
|
212
Cheniere Energy
LNG
$51.8B
| $137M | 0.1% |
913,700
-78,018
| -8% | -$11.7M |
|
213
Workday
WDAY
$61.7B
| $137M | 0.1% |
816,900
-45,475
| -5% | -$7.61M |
|
|
XYZ
214
Block, Inc.
XYZ
$45.7B
| $135M | 0.1% |
2,152,186
-96,161
| -4% | -$6.04M |
|
215
Otis Worldwide
OTIS
$34.1B
| $134M | 0.1% |
1,708,343
-123,714
| -7% | -$9.69M |
|
216
Fortinet
FTNT
$60.4B
| $133M | 0.1% |
2,724,100
-232,465
| -8% | -$11.4M |
|
217
Mettler-Toledo International
MTD
$26.9B
| $132M | 0.1% |
91,500
-6,737
| -7% | -$9.74M |
|
218
TransDigm Group
TDG
$71.6B
| $132M | 0.09% |
209,600
-15,161
| -7% | -$9.55M |
|
219
Airbnb
ABNB
$75.8B
| $132M | 0.09% |
1,541,200
-86,305
| -5% | -$7.38M |
|
220
Ametek
AME
$43.3B
| $130M | 0.09% |
933,025
-67,461
| -7% | -$9.43M |
|
221
Snowflake
SNOW
$75.3B
| $130M | 0.09% |
905,000
-59,900
| -6% | -$8.6M |
|
222
Illumina
ILMN
$15.7B
| $129M | 0.09% |
657,303
-42,608
| -6% | -$8.38M |
|
223
Dollar Tree
DLTR
$20.6B
| $129M | 0.09% |
910,181
-62,959
| -6% | -$8.9M |
|
224
Marvell Technology
MRVL
$54.6B
| $128M | 0.09% |
3,465,203
-217,998
| -6% | -$8.07M |
|
225
Stellantis
STLA
$26.2B
| $127M | 0.09% |
8,953,931
-608,992
| -6% | -$8.64M |
|