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
|
$100M |
| 2 |
AT&T
T
|
$83.3M |
| 3 |
Kraft Heinz
KHC
|
$75M |
| 4 |
PayPal
PYPL
|
$71.6M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$68.8M |
Top Sells
| 1 |
KRFT
KRAFT FOODS GROUP INC COM STK (VA)
KRFT
|
$80.8M |
| 2 |
DTV
DIRECTV COM STK (DE)
DTV
|
$73.8M |
| 3 |
CTRX
CATAMARAN CORP COM STK (CDA)
CTRX
|
$50.9M |
| 4 |
FDO
FAMILY DOLLAR STORES
FDO
|
$27.9M |
| 5 |
HSP
HOSPIRA INC
HSP
|
$24.5M |
Sector Composition
| 1 | Healthcare | 15.62% |
| 2 | Technology | 14.41% |
| 3 | Industrials | 10.57% |
| 4 | Consumer Discretionary | 10.32% |
| 5 | Consumer Staples | 9.98% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $1.14B | 2.93% | 10,333,716 +909,300 | +10% | +$100M |
|
|
2
Alphabet (Google) Class C
GOOG
$2.58T
| $691M | 1.77% | 1,108,855 +110,400 | +11% | +$68.8M |
|
3
Microsoft
MSFT
$3.77T
| $633M | 1.63% | 14,303,570 +1,193,200 | +9% | +$52.8M |
|
4
Exxon Mobil
XOM
$487B
| $624M | 1.6% | 8,388,136 +735,700 | +10% | +$54.7M |
|
5
Johnson & Johnson
JNJ
$427B
| $539M | 1.38% | 5,773,364 +490,500 | +9% | +$45.8M |
|
6
GE Aerospace
GE
$292B
| $457M | 1.17% | 18,124,861 +1,802,600 | +11% | +$45.5M |
|
|
7
AT&T
T
$209B
| $421M | 1.08% | 12,922,158 +2,557,302 | +25% | +$83.3M |
|
8
Procter & Gamble
PG
$368B
| $416M | 1.07% | 5,789,366 +518,200 | +10% | +$37.3M |
|
9
Verizon
VZ
$186B
| $400M | 1.03% | 9,200,930 +589,800 | +7% | +$25.7M |
|
10
Meta Platforms (Facebook)
META
$1.86T
| $375M | 0.96% | 4,169,500 +605,900 | +17% | +$54.5M |
|
11
Pfizer
PFE
$141B
| $374M | 0.96% | 11,913,989 +1,167,900 | +11% | +$36.7M |
|
12
Amazon
AMZN
$2.44T
| $363M | 0.93% | 709,841 +73,000 | +11% | +$37.4M |
|
13
Coca-Cola
KO
$297B
| $338M | 0.87% | 8,416,190 +741,300 | +10% | +$29.7M |
|
14
PepsiCo
PEP
$204B
| $329M | 0.84% | 3,484,306 +256,300 | +8% | +$24.2M |
|
15
Merck
MRK
$210B
| $297M | 0.76% | 6,009,601 +488,700 | +9% | +$24.1M |
|
16
Walt Disney
DIS
$213B
| $296M | 0.76% | 2,892,428 +287,100 | +11% | +$29.3M |
|
17
Chevron
CVX
$324B
| $291M | 0.75% | 3,687,723 +341,800 | +10% | +$27M |
|
18
IBM
IBM
$227B
| $275M | 0.71% | 1,898,277 +155,000 | +9% | +$22.5M |
|
19
Visa
V
$683B
| $274M | 0.7% | 3,939,928 +309,300 | +9% | +$21.5M |
|
20
Home Depot
HD
$405B
| $269M | 0.69% | 2,330,615 +204,400 | +10% | +$23.6M |
|
21
McDonald's
MCD
$224B
| $266M | 0.68% | 2,696,848 +160,300 | +6% | +$15.8M |
|
22
Gilead Sciences
GILD
$140B
| $260M | 0.67% | 2,643,524 +226,500 | +9% | +$22.2M |
|
23
Bausch Health
BHC
$2.74B
| $257M | 0.66% | 1,442,260 +165,300 | +13% | +$29.4M |
|
24
Intel
INTC
$107B
| $255M | 0.66% | 8,465,702 +824,600 | +11% | +$24.9M |
|
25
Walmart
WMT
$774B
| $238M | 0.61% | 3,676,729 +279,700 | +8% | +$18.1M |
|