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 |
L3Harris
LHX
|
$148M |
| 2 |
GE HealthCare
GEHC
|
$118M |
| 3 |
Atlassian
TEAM
|
$101M |
| 4 |
Monster Beverage
MNST
|
$81.1M |
| 5 |
PACCAR
PCAR
|
$48.1M |
Top Sells
| 1 |
Apple
AAPL
|
$360M |
| 2 |
Microsoft
MSFT
|
$199M |
| 3 |
NVIDIA
NVDA
|
$99.2M |
| 4 |
Amazon
AMZN
|
$85.4M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$83.8M |
Sector Composition
| 1 | Technology | 28.64% |
| 2 | Healthcare | 14.81% |
| 3 | Consumer Discretionary | 11.76% |
| 4 | Industrials | 9.45% |
| 5 | Communication Services | 8.2% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $10.4B | 7.14% | 63,133,068 -2,182,800 | -3% | -$360M |
|
|
2
Microsoft
MSFT
$3.77T
| $8.1B | 5.55% | 28,104,770 -690,600 | -2% | -$199M |
|
|
3
Amazon
AMZN
$2.44T
| $3.76B | 2.58% | 36,437,800 -826,600 | -2% | -$85.4M |
|
|
4
NVIDIA
NVDA
$4.25T
| $2.71B | 1.86% | 9,762,800 -357,200 | -4% | -$99.2M |
|
|
5
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.46B | 1.69% | 23,704,500 -664,800 | -3% | -$69M |
|
|
6
Alphabet (Google) Class C
GOOG
$2.58T
| $2.26B | 1.55% | 21,737,700 -805,500 | -4% | -$83.8M |
|
7
Tesla
TSLA
$1.08T
| $2.21B | 1.51% | 10,652,075 -172,900 | -2% | -$35.9M |
|
8
Meta Platforms (Facebook)
META
$1.86T
| $1.89B | 1.3% | 8,924,200 -345,100 | -4% | -$73.1M |
|
9
Exxon Mobil
XOM
$487B
| $1.79B | 1.23% | 16,343,976 -594,400 | -4% | -$65.2M |
|
10
UnitedHealth
UNH
$281B
| $1.75B | 1.2% | 3,708,061 -93,600 | -2% | -$44.2M |
|
11
Johnson & Johnson
JNJ
$427B
| $1.61B | 1.1% | 10,375,800 -309,900 | -3% | -$48M |
|
12
Visa
V
$683B
| $1.46B | 1% | 6,461,700 -183,400 | -3% | -$41.3M |
|
13
Procter & Gamble
PG
$368B
| $1.4B | 0.96% | 9,404,390 -290,200 | -3% | -$43.1M |
|
14
Mastercard
MA
$538B
| $1.24B | 0.85% | 3,406,800 -99,900 | -3% | -$36.3M |
|
15
Home Depot
HD
$405B
| $1.19B | 0.82% | 4,044,700 -116,000 | -3% | -$34.2M |
|
16
Chevron
CVX
$324B
| $1.19B | 0.82% | 7,290,090 -267,600 | -4% | -$43.7M |
|
17
AbbVie
ABBV
$372B
| $1.12B | 0.77% | 7,018,410 -167,600 | -2% | -$26.7M |
|
18
Eli Lilly
LLY
$657B
| $1.1B | 0.75% | 3,205,290 -77,200 | -2% | -$26.5M |
|
19
Merck
MRK
$210B
| $1.07B | 0.73% | 10,061,951 -234,000 | -2% | -$24.9M |
|
20
Broadcom
AVGO
$1.4T
| $1.06B | 0.73% | 1,654,934 +13,700 | +0.8% | +$8.79M |
|
21
Coca-Cola
KO
$297B
| $1.01B | 0.69% | 16,304,200 -393,400 | -2% | -$24.4M |
|
22
PepsiCo
PEP
$204B
| $997M | 0.68% | 5,467,700 -141,300 | -3% | -$25.8M |
|
23
Pfizer
PFE
$141B
| $909M | 0.62% | 22,277,112 -533,000 | -2% | -$21.7M |
|
24
Thermo Fisher Scientific
TMO
$186B
| $897M | 0.62% | 1,556,500 -35,900 | -2% | -$20.7M |
|
25
Walmart
WMT
$774B
| $874M | 0.6% | 5,924,500 -203,000 | -3% | -$29.9M |
|