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 |
NVIDIA
NVDA
|
$8.23B |
| 2 |
Chipotle Mexican Grill
CMG
|
$251M |
| 3 |
Exxon Mobil
XOM
|
$151M |
| 4 |
GE Vernova
GEV
|
$139M |
| 5 |
Amphenol
APH
|
$119M |
Top Sells
| 1 |
PXD
Pioneer Natural Resource Co.
PXD
|
$184M |
| 2 |
Apple
AAPL
|
$117M |
| 3 |
Microsoft
MSFT
|
$110M |
| 4 |
Meta Platforms (Facebook)
META
|
$80.5M |
| 5 |
Alphabet (Google) Class C
GOOG
|
$58.5M |
Sector Composition
| 1 | Technology | 33.84% |
| 2 | Healthcare | 12.16% |
| 3 | Consumer Discretionary | 11.34% |
| 4 | Communication Services | 9.35% |
| 5 | Industrials | 8.86% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Microsoft
MSFT
$3.77T
| $9.34B | 6.42% | 20,899,970 -245,100 | -1% | -$110M |
|
|
2
Apple
AAPL
$3.45T
| $9.15B | 6.29% | 43,433,968 -555,800 | -1% | -$117M |
|
|
3
NVIDIA
NVDA
$4.25T
| $9.14B | 6.28% | 74,020,000 +66,623,100 | +901% | +$8.23B |
|
4
Amazon
AMZN
$2.44T
| $5.36B | 3.68% | 27,720,300 -132,900 | -0.5% | -$25.7M |
|
|
5
Meta Platforms (Facebook)
META
$1.86T
| $3.27B | 2.25% | 6,487,500 -159,600 | -2% | -$80.5M |
|
|
6
Alphabet (Google) Class A
GOOGL
$2.57T
| $3.18B | 2.18% | 17,448,000 -275,100 | -2% | -$50.1M |
|
|
7
Alphabet (Google) Class C
GOOG
$2.58T
| $2.77B | 1.9% | 15,111,600 -319,100 | -2% | -$58.5M |
|
8
Eli Lilly
LLY
$657B
| $2.17B | 1.49% | 2,392,790 -23,700 | -1% | -$21.5M |
|
9
Broadcom
AVGO
$1.4T
| $2.09B | 1.44% | 1,303,463 -28,300 | -2% | -$45.4M |
|
10
Tesla
TSLA
$1.08T
| $1.68B | 1.15% | 8,486,575 -81,500 | -1% | -$16.1M |
|
11
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.58B | 1.08% | 3,881,505 -44,100 | -1% | -$17.9M |
|
|
12
Exxon Mobil
XOM
$487B
| $1.53B | 1.05% | 13,281,818 +1,312,474 | +11% | +$151M |
|
13
UnitedHealth
UNH
$281B
| $1.39B | 0.96% | 2,729,861 -40,000 | -1% | -$20.4M |
|
14
Visa
V
$683B
| $1.23B | 0.84% | 4,682,700 -57,400 | -1% | -$15.1M |
|
15
Procter & Gamble
PG
$368B
| $1.15B | 0.79% | 6,966,790 -91,500 | -1% | -$15.1M |
|
16
Costco
COST
$418B
| $1.12B | 0.77% | 1,313,100 -15,700 | -1% | -$13.3M |
|
17
Mastercard
MA
$538B
| $1.09B | 0.75% | 2,466,700 -41,100 | -2% | -$18.1M |
|
18
Johnson & Johnson
JNJ
$427B
| $1.04B | 0.72% | 7,134,807 -74,400 | -1% | -$10.9M |
|
19
Home Depot
HD
$405B
| $1.01B | 0.69% | 2,934,200 -46,400 | -2% | -$16M |
|
20
Merck
MRK
$210B
| $928M | 0.64% | 7,498,551 -90,200 | -1% | -$11.2M |
|
21
AbbVie
ABBV
$372B
| $899M | 0.62% | 5,242,510 -44,800 | -0.8% | -$7.68M |
|
22
Walmart
WMT
$774B
| $888M | 0.61% | 13,121,900 -181,300 | -1% | -$12.3M |
|
23
Netflix
NFLX
$513B
| $865M | 0.59% | 1,281,900 -28,800 | -2% | -$19.4M |
|
24
Chevron
CVX
$324B
| $813M | 0.56% | 5,196,035 -158,300 | -3% | -$24.8M |
|
25
Advanced Micro Devices
AMD
$264B
| $776M | 0.53% | 4,785,075 -52,900 | -1% | -$8.58M |
|