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 |
CRH
CRH
|
$150M |
| 2 |
Kenvue
KVUE
|
$98.9M |
| 3 |
Sempra
SRE
|
$60.4M |
| 4 |
Copart
CPRT
|
$52.4M |
| 5 |
Textron
TXT
|
$50.7M |
Top Sells
| 1 |
Apple
AAPL
|
$1.12B |
| 2 |
Microsoft
MSFT
|
$890M |
| 3 |
Amazon
AMZN
|
$463M |
| 4 |
NVIDIA
NVDA
|
$425M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$316M |
Sector Composition
| 1 | Technology | 29.44% |
| 2 | Healthcare | 13.62% |
| 3 | Consumer Discretionary | 11.97% |
| 4 | Industrials | 9.14% |
| 5 | Communication Services | 8.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
201
Oneok
OKE
$48.1B
| $119M | 0.09% |
1,873,588
+257,600
| +16% | +$16.3M |
|
202
TC Energy
TRP
$54.1B
| $118M | 0.09% |
3,410,201
-420,500
| -11% | -$14.6M |
|
203
Halliburton
HAL
$19.4B
| $118M | 0.09% |
2,901,900
-359,100
| -11% | -$14.5M |
|
204
Johnson Controls International
JCI
$69.9B
| $117M | 0.09% |
2,206,781
-275,200
| -11% | -$14.6M |
|
205
IQVIA
IQV
$32.4B
| $117M | 0.09% |
596,580
-75,600
| -11% | -$14.9M |
|
206
Dow Inc
DOW
$17.5B
| $117M | 0.09% |
2,275,050
-282,000
| -11% | -$14.5M |
|
207
Corteva
CTVA
$50.4B
| $117M | 0.09% |
2,286,483
-287,200
| -11% | -$14.7M |
|
208
Idexx Laboratories
IDXX
$51.8B
| $117M | 0.09% |
267,100
-32,600
| -11% | -$14.3M |
|
209
DexCom
DXCM
$29.5B
| $116M | 0.09% |
1,246,900
-153,100
| -11% | -$14.3M |
|
210
Baker Hughes
BKR
$44.8B
| $115M | 0.09% |
3,256,220
-398,300
| -11% | -$14.1M |
|
211
Apollo Global Management
APO
$77.9B
| $115M | 0.09% |
1,277,614
-165,000
| -11% | -$14.8M |
|
212
Constellation Energy
CEG
$96.2B
| $114M | 0.09% |
1,043,551
-139,400
| -12% | -$15.2M |
|
213
Simon Property Group
SPG
$59B
| $114M | 0.09% |
1,051,827
-128,200
| -11% | -$13.8M |
|
214
Manulife Financial
MFC
$52.2B
| $114M | 0.09% |
6,162,500
-799,500
| -11% | -$14.7M |
|
215
Digital Realty Trust
DLR
$57.2B
| $113M | 0.09% |
937,149
-115,000
| -11% | -$13.9M |
|
216
Yum! Brands
YUM
$40.8B
| $113M | 0.09% |
901,000
-110,600
| -11% | -$13.8M |
|
217
Trade Desk
TTD
$26.7B
| $112M | 0.09% |
1,430,800
-172,900
| -11% | -$13.5M |
|
218
Prudential Financial
PRU
$38.6B
| $111M | 0.09% |
1,174,100
-151,300
| -11% | -$14.4M |
|
219
Waste Connections
WCN
$47.5B
| $111M | 0.09% |
828,445
-101,700
| -11% | -$13.7M |
|
220
Cognizant
CTSH
$35.3B
| $111M | 0.09% |
1,632,400
-207,000
| -11% | -$14M |
|
221
DuPont de Nemours
DD
$32.2B
| $110M | 0.09% |
1,476,573
-181,200
| -11% | -$13.5M |
|
222
Verisk Analytics
VRSK
$37.5B
| $110M | 0.09% |
465,700
-56,100
| -11% | -$13.3M |
|
223
Ametek
AME
$42.7B
| $110M | 0.09% |
741,325
-90,400
| -11% | -$13.4M |
|
224
Ferguson
FERG
$46.4B
| $108M | 0.08% |
657,847
-83,300
| -11% | -$13.7M |
|
225
Realty Income
O
$53.7B
| $108M | 0.08% |
2,165,413
-220,300
| -9% | -$11M |
|