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 |
Church & Dwight Co
CHD
|
$44.1M |
| 2 |
Fortive
FTV
|
$43.6M |
| 3 |
Johnson Controls International
JCI
|
$37.7M |
| 4 |
INFO
IHS Markit Ltd. Common Shares
INFO
|
$37.4M |
| 5 |
Alibaba
BABA
|
$33.6M |
Top Sells
| 1 |
EMC
EMC CORPORATION
EMC
|
$170M |
| 2 |
Annaly Capital Management
NLY
|
$81.7M |
| 3 |
Thomson Reuters
TRI
|
$78.4M |
| 4 |
AGNC Investment
AGNC
|
$53.4M |
| 5 |
TYC
TYCO INTL PLC COM SHS (IRL)
TYC
|
$50.7M |
Sector Composition
| 1 | Technology | 15.55% |
| 2 | Healthcare | 14.8% |
| 3 | Consumer Discretionary | 10.63% |
| 4 | Communication Services | 10.14% |
| 5 | Consumer Staples | 10.04% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
1
Apple
AAPL
$3.45T
| $1.72B | 2.76% | 15,247,316 -331,100 | -2% | -$37.4M |
|
2
Microsoft
MSFT
$3.77T
| $1.2B | 1.92% | 20,789,770 -340,700 | -2% | -$19.6M |
|
3
Exxon Mobil
XOM
$487B
| $1.08B | 1.73% | 12,380,836 -157,000 | -1% | -$13.7M |
|
4
Johnson & Johnson
JNJ
$427B
| $991M | 1.59% | 8,391,464 -117,000 | -1% | -$13.8M |
|
5
Amazon
AMZN
$2.44T
| $931M | 1.49% | 1,112,341 -9,500 | -0.8% | -$7.95M |
|
6
Meta Platforms (Facebook)
META
$1.86T
| $830M | 1.33% | 6,467,400 -21,600 | -0.3% | -$2.77M |
|
7
AT&T
T
$209B
| $801M | 1.28% | 19,717,758 -220,100 | -1% | -$8.94M |
|
8
GE Aerospace
GE
$292B
| $757M | 1.21% | 25,547,461 -606,900 | -2% | -$18M |
|
9
Procter & Gamble
PG
$368B
| $742M | 1.19% | 8,263,866 -214,500 | -3% | -$19.3M |
|
10
Verizon
VZ
$186B
| $681M | 1.09% | 13,098,030 -146,400 | -1% | -$7.61M |
|
11
Alphabet (Google) Class C
GOOG
$2.58T
| $667M | 1.07% | 857,766 -14,000 | -2% | -$10.9M |
|
|
12
Alphabet (Google) Class A
GOOGL
$2.57T
| $664M | 1.06% | 825,589 -5,800 | -0.7% | -$4.66M |
|
13
Pfizer
PFE
$141B
| $603M | 0.97% | 17,810,189 -488,200 | -3% | -$16.5M |
|
14
Chevron
CVX
$324B
| $541M | 0.87% | 5,261,123 -52,000 | -1% | -$5.35M |
|
15
Coca-Cola
KO
$297B
| $537M | 0.86% | 12,684,190 -155,700 | -1% | -$6.59M |
|
16
Merck
MRK
$210B
| $523M | 0.84% | 8,383,601 -119,400 | -1% | -$7.45M |
|
17
PepsiCo
PEP
$204B
| $522M | 0.84% | 4,795,606 -60,800 | -1% | -$6.61M |
|
18
Intel
INTC
$107B
| $494M | 0.79% | 13,096,302 -145,300 | -1% | -$5.49M |
|
19
Visa
V
$683B
| $471M | 0.75% | 5,693,528 -102,600 | -2% | -$8.49M |
|
20
Home Depot
HD
$405B
| $459M | 0.73% | 3,563,615 -101,400 | -3% | -$13M |
|
21
Comcast
CMCSA
$125B
| $445M | 0.71% | 6,709,800 -109,800 | -2% | -$7.28M |
|
22
Cisco
CSCO
$274B
| $442M | 0.71% | 13,949,693 -155,500 | -1% | -$4.93M |
|
23
Philip Morris
PM
$260B
| $439M | 0.7% | 4,512,931 -44,400 | -1% | -$4.32M |
|
24
IBM
IBM
$227B
| $436M | 0.7% | 2,744,577 -33,800 | -1% | -$5.37M |
|
25
UnitedHealth
UNH
$281B
| $413M | 0.66% | 2,951,027 -33,800 | -1% | -$4.73M |
|