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 |
Alphabet (Google) Class A
GOOGL
|
$2.37B |
| 2 |
Alphabet (Google) Class C
GOOG
|
$2.23B |
| 3 |
Tesla
TSLA
|
$2.03B |
| 4 |
Northrop Grumman
NOC
|
$301M |
| 5 |
Palo Alto Networks
PANW
|
$142M |
Top Sells
| 1 |
DRE
Duke Realty Corp.
DRE
|
$91.2M |
| 2 |
Apple
AAPL
|
$89.7M |
| 3 |
CTXS
Citrix Systems Inc
CTXS
|
$52.9M |
| 4 |
Chevron
CVX
|
$51.6M |
| 5 |
TWTR
Twitter, Inc.
TWTR
|
$28.8M |
Sector Composition
| 1 | Technology | 26.14% |
| 2 | Healthcare | 15.83% |
| 3 | Consumer Discretionary | 12.65% |
| 4 | Industrials | 8.88% |
| 5 | Communication Services | 8.18% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $9.69B | 6.93% | 70,142,608 -649,000 | -0.9% | -$89.7M |
|
2
Microsoft
MSFT
$3.77T
| $7.17B | 5.13% | 30,791,655 -102,700 | -0.3% | -$23.9M |
|
3
Amazon
AMZN
$2.44T
| $4.48B | 3.21% | 39,684,040 -47,400 | -0.1% | -$5.36M |
|
|
4
Tesla
TSLA
$1.08T
| $3.04B | 2.17% | 11,448,877 +7,638,118 | +200% | +$2.03B |
|
|
5
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.49B | 1.78% | 26,068,600 +24,764,010 | +1,898% | +$2.37B |
|
|
6
Alphabet (Google) Class C
GOOG
$2.58T
| $2.35B | 1.68% | 24,445,640 +23,213,403 | +1,884% | +$2.23B |
|
7
UnitedHealth
UNH
$281B
| $2.05B | 1.47% | 4,065,726 -15,700 | -0.4% | -$7.93M |
|
8
Johnson & Johnson
JNJ
$427B
| $1.86B | 1.33% | 11,403,816 -1,600 | -0% | -$261K |
|
9
Exxon Mobil
XOM
$487B
| $1.59B | 1.14% | 18,256,191 -108,500 | -0.6% | -$9.47M |
|
10
Meta Platforms (Facebook)
META
$1.86T
| $1.35B | 0.96% | 9,939,610 -77,000 | -0.8% | -$10.4M |
|
11
NVIDIA
NVDA
$4.25T
| $1.32B | 0.94% | 10,851,824 +7,200 | +0.1% | +$874K |
|
12
Procter & Gamble
PG
$368B
| $1.31B | 0.94% | 10,397,973 -200 | -0% | -$25.3K |
|
13
Visa
V
$683B
| $1.27B | 0.91% | 7,132,219 -61,800 | -0.9% | -$11M |
|
14
Home Depot
HD
$405B
| $1.23B | 0.88% | 4,453,966 -75,800 | -2% | -$20.9M |
|
|
15
Chevron
CVX
$324B
| $1.16B | 0.83% | 8,089,332 -358,900 | -4% | -$51.6M |
|
16
Eli Lilly
LLY
$657B
| $1.13B | 0.81% | 3,500,048 -11,400 | -0.3% | -$3.69M |
|
17
Mastercard
MA
$538B
| $1.07B | 0.77% | 3,763,457 -22,400 | -0.6% | -$6.37M |
|
18
Pfizer
PFE
$141B
| $1.06B | 0.76% | 24,316,241 -77,200 | -0.3% | -$3.38M |
|
19
AbbVie
ABBV
$372B
| $1.03B | 0.74% | 7,658,375 -14,300 | -0.2% | -$1.92M |
|
20
Coca-Cola
KO
$297B
| $1,000M | 0.72% | 17,847,594 -18,700 | -0.1% | -$1.05M |
|
21
PepsiCo
PEP
$204B
| $978M | 0.7% | 5,992,804 -8,400 | -0.1% | -$1.37M |
|
22
Merck
MRK
$210B
| $944M | 0.68% | 10,959,232 -5,700 | -0.1% | -$491K |
|
23
Costco
COST
$418B
| $907M | 0.65% | 1,919,999 -3,600 | -0.2% | -$1.7M |
|
24
Thermo Fisher Scientific
TMO
$186B
| $860M | 0.62% | 1,696,527 -400 | -0% | -$203K |
|
25
Walmart
WMT
$774B
| $851M | 0.61% | 6,561,583 -56,400 | -0.9% | -$7.32M |
|