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 |
Stellantis
STLA
|
$59.9M |
| 2 |
Henry Schein
HSIC
|
$44.4M |
| 3 |
B
Barrick Mining Corporation
B
|
$37.4M |
| 4 |
Qualcomm
QCOM
|
$29.1M |
| 5 |
Republic Services
RSG
|
$29M |
Top Sells
| 1 |
KMR
KINDER MORGAN MANAGEMENT LLC
KMR
|
$64.4M |
| 2 |
General Dynamics
GD
|
$35.5M |
| 3 |
THI
TIM HORTONS INC COM, CANADA
THI
|
$31.8M |
| 4 |
Apple
AAPL
|
$30.6M |
| 5 |
Intel
INTC
|
$29.9M |
Sector Composition
| 1 | Healthcare | 14.42% |
| 2 | Technology | 13.95% |
| 3 | Industrials | 10.89% |
| 4 | Consumer Staples | 10.08% |
| 5 | Energy | 9.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $615M | 2.3% | 5,567,175 -277,400 | -5% | -$30.6M |
|
2
Exxon Mobil
XOM
$487B
| $462M | 1.73% | 5,000,136 -182,900 | -4% | -$16.9M |
|
3
Johnson & Johnson
JNJ
$427B
| $372M | 1.39% | 3,554,864 -284,400 | -7% | -$29.7M |
|
4
Microsoft
MSFT
$3.77T
| $368M | 1.38% | 7,916,270 -263,600 | -3% | -$12.2M |
|
5
Procter & Gamble
PG
$368B
| $322M | 1.21% | 3,535,866 -61,900 | -2% | -$5.64M |
|
6
Alphabet (Google) Class C
GOOG
$2.58T
| $304M | 1.14% | 574,178 -14,600 | -2% | -$7.72M |
|
7
Verizon
VZ
$186B
| $284M | 1.06% | 6,066,930 -225,700 | -4% | -$10.6M |
|
8
AT&T
T
$209B
| $240M | 0.9% | 7,134,156 -210,800 | -3% | -$7.08M |
|
9
Chevron
CVX
$324B
| $239M | 0.89% | 2,130,023 -69,200 | -3% | -$7.76M |
|
10
GE Aerospace
GE
$292B
| $237M | 0.89% | 9,377,361 -277,600 | -3% | -$7.01M |
|
11
PepsiCo
PEP
$204B
| $225M | 0.84% | 2,379,106 -76,300 | -3% | -$7.21M |
|
12
Merck
MRK
$210B
| $215M | 0.81% | 3,789,001 -149,700 | -4% | -$8.5M |
|
13
Pfizer
PFE
$141B
| $215M | 0.8% | 6,893,189 -243,100 | -3% | -$7.57M |
|
14
Walmart
WMT
$774B
| $208M | 0.78% | 2,424,629 -70,300 | -3% | -$6.04M |
|
15
Coca-Cola
KO
$297B
| $203M | 0.76% | 4,812,990 -150,500 | -3% | -$6.35M |
|
16
McDonald's
MCD
$224B
| $193M | 0.72% | 2,058,948 -9,200 | -0.4% | -$862K |
|
|
17
Qualcomm
QCOM
$173B
| $190M | 0.71% | 2,560,465 +392,100 | +18% | +$29.1M |
|
18
IBM
IBM
$227B
| $184M | 0.69% | 1,148,477 -54,900 | -5% | -$8.81M |
|
19
Canadian National Railway
CNI
$60.4B
| $175M | 0.66% | 2,539,200 +66,500 | +3% | +$4.59M |
|
|
20
Intel
INTC
$107B
| $167M | 0.63% | 4,600,302 -825,000 | -15% | -$29.9M |
|
21
Meta Platforms (Facebook)
META
$1.86T
| $159M | 0.6% | 2,043,500 +167,200 | +9% | +$13M |
|
22
Visa
V
$683B
| $155M | 0.58% | 590,457 -26,700 | -4% | -$7M |
|
23
Oracle
ORCL
$635B
| $149M | 0.56% | 3,313,528 -115,300 | -3% | -$5.19M |
|
24
Automatic Data Processing
ADP
$123B
| $148M | 0.55% | 1,772,985 -104,300 | -6% | -$8.7M |
|
25
Suncor Energy
SU
$50.1B
| $144M | 0.54% | 4,521,864 +139,700 | +3% | +$4.45M |
|