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 |
Broadcom
AVGO
|
$67.3M |
| 2 |
Veralto
VLTO
|
$60.2M |
| 3 |
Newmont
NEM
|
$43.4M |
| 4 |
Vertiv
VRT
|
$19.4M |
| 5 |
Webster Financial
WBS
|
$17.3M |
Top Sells
| 1 |
Apple
AAPL
|
$328M |
| 2 |
Microsoft
MSFT
|
$244M |
| 3 |
ATVI
Activision Blizzard Inc.
ATVI
|
$237M |
| 4 |
VMW
VMware, Inc
VMW
|
$130M |
| 5 |
NVIDIA
NVDA
|
$109M |
Sector Composition
| 1 | Technology | 30.91% |
| 2 | Healthcare | 12.91% |
| 3 | Consumer Discretionary | 12.16% |
| 4 | Industrials | 9.36% |
| 5 | Communication Services | 8.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
HES
201
DELISTED
Hess
HES
| $125M | 0.09% |
864,200
-24,700
| -3% | -$3.56M |
|
202
L3Harris
LHX
$51B
| $125M | 0.09% |
591,429
-17,500
| -3% | -$3.69M |
|
203
Occidental Petroleum
OXY
$45.2B
| $124M | 0.09% |
2,074,814
-76,300
| -4% | -$4.56M |
|
204
Ferguson
FERG
$47.8B
| $123M | 0.09% |
637,847
-20,000
| -3% | -$3.86M |
|
205
Dominion Energy
D
$49.7B
| $123M | 0.09% |
2,616,620
-72,200
| -3% | -$3.39M |
|
206
Johnson Controls International
JCI
$69.5B
| $123M | 0.09% |
2,127,381
-79,400
| -4% | -$4.58M |
|
207
United Rentals
URI
$62.7B
| $122M | 0.09% |
213,500
-7,600
| -3% | -$4.36M |
|
208
Fortinet
FTNT
$60.4B
| $122M | 0.09% |
2,087,400
-59,300
| -3% | -$3.47M |
|
209
Paychex
PAYX
$48.7B
| $121M | 0.09% |
1,016,600
-27,100
| -3% | -$3.23M |
|
210
Archer Daniels Midland
ADM
$30.2B
| $121M | 0.09% |
1,676,400
-75,100
| -4% | -$5.42M |
|
211
Dow Inc
DOW
$17.4B
| $121M | 0.09% |
2,198,550
-76,500
| -3% | -$4.2M |
|
212
Waste Connections
WCN
$46.1B
| $120M | 0.09% |
805,545
-22,900
| -3% | -$3.42M |
|
213
Cognizant
CTSH
$35.1B
| $119M | 0.09% |
1,579,300
-53,100
| -3% | -$4.01M |
|
214
Ametek
AME
$43.3B
| $119M | 0.09% |
721,425
-19,900
| -3% | -$3.28M |
|
215
General Mills
GIS
$27B
| $118M | 0.09% |
1,817,700
-65,000
| -3% | -$4.23M |
|
216
Charter Communications
CHTR
$35.7B
| $118M | 0.09% |
304,216
-10,700
| -3% | -$4.16M |
|
217
Prudential Financial
PRU
$37.2B
| $118M | 0.09% |
1,135,100
-39,000
| -3% | -$4.04M |
|
218
Constellation Energy
CEG
$94.2B
| $118M | 0.09% |
1,005,651
-37,900
| -4% | -$4.43M |
|
219
Biogen
BIIB
$20.6B
| $117M | 0.09% |
452,900
-12,700
| -3% | -$3.29M |
|
220
W.W. Grainger
GWW
$47.5B
| $117M | 0.09% |
140,700
-4,600
| -3% | -$3.81M |
|
221
Lennar Class A
LEN
$36.7B
| $117M | 0.09% |
807,984
-31,196
| -4% | -$4.5M |
|
222
Kenvue
KVUE
$35.7B
| $116M | 0.09% |
5,389,046
+461,600
| +9% | +$9.94M |
|
223
Fastenal
FAST
$55.1B
| $116M | 0.08% |
3,573,200
-101,800
| -3% | -$3.3M |
|
224
Apollo Global Management
APO
$75.3B
| $116M | 0.08% |
1,240,914
-36,700
| -3% | -$3.42M |
|
225
Atlassian
TEAM
$45.2B
| $115M | 0.08% |
485,167
-3,400
| -0.7% | -$809K |
|