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
|
$419M |
| 2 |
Exxon Mobil
XOM
|
$203M |
| 3 |
Visa
V
|
$192M |
| 4 |
Alphabet (Google) Class C
GOOG
|
$188M |
| 5 |
Microsoft
MSFT
|
$187M |
Top Sells
| 1 |
AGN
ALLERGAN INC
AGN
|
$58.6M |
| 2 |
COV
COVIDIEN PLC COM SHS NEW (IRELAND)
COV
|
$43M |
| 3 |
BCE
BCE
|
$36.9M |
| 4 |
PETM
PETSMART INC
PETM
|
$11.8M |
| 5 |
CFN
CAREFUSION CORPORATION
CFN
|
$11.2M |
Sector Composition
| 1 | Healthcare | 15.69% |
| 2 | Technology | 14.65% |
| 3 | Industrials | 10.83% |
| 4 | Consumer Discretionary | 9.64% |
| 5 | Consumer Staples | 9.57% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $1.11B | 2.97% | 8,934,375 +3,367,200 | +60% | +$419M |
|
|
2
Exxon Mobil
XOM
$487B
| $628M | 1.68% | 7,386,036 +2,385,900 | +48% | +$203M |
|
3
Johnson & Johnson
JNJ
$427B
| $514M | 1.37% | 5,106,564 +1,551,700 | +44% | +$156M |
|
|
4
Microsoft
MSFT
$3.77T
| $508M | 1.36% | 12,506,070 +4,589,800 | +58% | +$187M |
|
|
5
Alphabet (Google) Class C
GOOG
$2.58T
| $504M | 1.35% | 914,378 +340,200 | +59% | +$188M |
|
6
Procter & Gamble
PG
$368B
| $413M | 1.1% | 5,041,266 +1,505,400 | +43% | +$123M |
|
7
Verizon
VZ
$186B
| $405M | 1.08% | 8,337,630 +2,270,700 | +37% | +$110M |
|
8
GE Aerospace
GE
$292B
| $382M | 1.02% | 15,388,361 +6,011,000 | +64% | +$149M |
|
9
Pfizer
PFE
$141B
| $365M | 0.98% | 10,505,089 +3,611,900 | +52% | +$126M |
|
10
Chevron
CVX
$324B
| $337M | 0.9% | 3,210,123 +1,080,100 | +51% | +$113M |
|
11
AT&T
T
$209B
| $327M | 0.87% | 10,006,656 +2,872,500 | +40% | +$93.8M |
|
12
Merck
MRK
$210B
| $307M | 0.82% | 5,338,501 +1,549,500 | +41% | +$89.1M |
|
13
PepsiCo
PEP
$204B
| $303M | 0.81% | 3,164,106 +785,000 | +33% | +$75.1M |
|
14
Coca-Cola
KO
$297B
| $286M | 0.76% | 7,044,090 +2,231,100 | +46% | +$90.5M |
|
15
Walmart
WMT
$774B
| $271M | 0.72% | 3,297,029 +872,400 | +36% | +$71.8M |
|
16
IBM
IBM
$227B
| $269M | 0.72% | 1,673,677 +525,200 | +46% | +$84.3M |
|
17
Meta Platforms (Facebook)
META
$1.86T
| $267M | 0.71% | 3,241,600 +1,198,100 | +59% | +$98.5M |
|
18
Walt Disney
DIS
$213B
| $257M | 0.69% | 2,454,028 +937,900 | +62% | +$98.4M |
|
19
McDonald's
MCD
$224B
| $245M | 0.66% | 2,518,148 +459,200 | +22% | +$44.7M |
|
20
Bausch Health
BHC
$2.74B
| $238M | 0.64% | 1,211,860 +226,900 | +23% | +$44.6M |
|
21
Qualcomm
QCOM
$173B
| $238M | 0.64% | 3,434,165 +873,700 | +34% | +$60.6M |
|
22
Oracle
ORCL
$635B
| $233M | 0.62% | 5,399,528 +2,086,000 | +63% | +$90M |
|
|
23
Visa
V
$683B
| $231M | 0.62% | 3,532,828 +2,942,371 | +498% | +$192M |
|
24
Intel
INTC
$107B
| $230M | 0.62% | 7,365,502 +2,765,200 | +60% | +$86.5M |
|
25
Home Depot
HD
$405B
| $228M | 0.61% | 2,007,515 +756,100 | +60% | +$85.9M |
|