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 |
CRH
CRH
|
$150M |
| 2 |
Kenvue
KVUE
|
$98.9M |
| 3 |
Sempra
SRE
|
$60.4M |
| 4 |
Copart
CPRT
|
$52.4M |
| 5 |
Textron
TXT
|
$50.7M |
Top Sells
| 1 |
Apple
AAPL
|
$1.12B |
| 2 |
Microsoft
MSFT
|
$890M |
| 3 |
Amazon
AMZN
|
$463M |
| 4 |
NVIDIA
NVDA
|
$425M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$316M |
Sector Composition
| 1 | Technology | 29.44% |
| 2 | Healthcare | 13.62% |
| 3 | Consumer Discretionary | 11.97% |
| 4 | Industrials | 9.14% |
| 5 | Communication Services | 8.53% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $8.66B | 6.79% | 50,591,168 -6,552,400 | -11% | -$1.12B |
|
|
2
Microsoft
MSFT
$3.77T
| $7.17B | 5.63% | 22,720,270 -2,820,000 | -11% | -$890M |
|
|
3
Amazon
AMZN
$2.44T
| $3.78B | 2.96% | 29,702,100 -3,641,500 | -11% | -$463M |
|
|
4
NVIDIA
NVDA
$4.25T
| $3.46B | 2.71% | 7,944,600 -976,200 | -11% | -$425M |
|
|
5
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.5B | 1.96% | 19,109,100 -2,401,900 | -11% | -$314M |
|
6
Tesla
TSLA
$1.08T
| $2.3B | 1.8% | 9,175,175 -1,126,600 | -11% | -$282M |
|
|
7
Alphabet (Google) Class C
GOOG
$2.58T
| $2.24B | 1.76% | 17,004,300 -2,394,600 | -12% | -$316M |
|
8
Meta Platforms (Facebook)
META
$1.86T
| $2.14B | 1.68% | 7,115,400 -883,600 | -11% | -$265M |
|
9
Exxon Mobil
XOM
$487B
| $1.53B | 1.2% | 13,002,276 -1,658,600 | -11% | -$195M |
|
10
UnitedHealth
UNH
$281B
| $1.51B | 1.18% | 2,994,661 -374,500 | -11% | -$189M |
|
11
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.46B | 1.15% | 4,168,605 -515,900 | -11% | -$181M |
|
12
Eli Lilly
LLY
$657B
| $1.39B | 1.09% | 2,595,290 -322,000 | -11% | -$173M |
|
13
Johnson & Johnson
JNJ
$427B
| $1.21B | 0.95% | 7,744,507 -1,639,993 | -17% | -$255M |
|
14
Visa
V
$683B
| $1.2B | 0.94% | 5,205,100 -663,800 | -11% | -$153M |
|
15
Procter & Gamble
PG
$368B
| $1.11B | 0.87% | 7,581,090 -939,300 | -11% | -$137M |
|
16
Broadcom
AVGO
$1.4T
| $1.1B | 0.86% | 1,327,434 -178,400 | -12% | -$148M |
|
17
Mastercard
MA
$538B
| $1.08B | 0.85% | 2,722,000 -352,100 | -11% | -$139M |
|
18
Chevron
CVX
$324B
| $984M | 0.77% | 5,835,635 -664,955 | -10% | -$112M |
|
19
Home Depot
HD
$405B
| $977M | 0.77% | 3,233,800 -423,500 | -12% | -$128M |
|
20
AbbVie
ABBV
$372B
| $846M | 0.66% | 5,674,810 -696,600 | -11% | -$104M |
|
21
Merck
MRK
$210B
| $840M | 0.66% | 8,161,651 -1,003,600 | -11% | -$103M |
|
22
Costco
COST
$418B
| $805M | 0.63% | 1,425,500 -176,200 | -11% | -$99.5M |
|
23
Walmart
WMT
$774B
| $762M | 0.6% | 4,763,800 -590,900 | -11% | -$94.5M |
|
24
PepsiCo
PEP
$204B
| $750M | 0.59% | 4,427,900 -546,500 | -11% | -$92.6M |
|
25
Adobe
ADBE
$151B
| $748M | 0.59% | 1,466,200 -190,500 | -11% | -$97.1M |
|