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 |
Broadcom
AVGO
|
$2.04B |
| 2 |
Cintas
CTAS
|
$168M |
| 3 |
Nu Holdings
NU
|
$91.9M |
| 4 |
SW
Smurfit Westrock plc
SW
|
$76.1M |
| 5 |
Strategy Inc Common Stock Class A
MSTR
|
$71.1M |
Top Sells
| 1 |
NVIDIA
NVDA
|
$122M |
| 2 |
Apple
AAPL
|
$45.4M |
| 3 |
WRK
WestRock Company
WRK
|
$38.2M |
| 4 |
Danaher
DHR
|
$29M |
| 5 |
Flutter Entertainment
FLUT
|
$20.3M |
Sector Composition
| 1 | Technology | 32.64% |
| 2 | Healthcare | 12.18% |
| 3 | Consumer Discretionary | 11.62% |
| 4 | Industrials | 9.21% |
| 5 | Communication Services | 9% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
Apple
AAPL
$3.45T
| $10.1B | 6.54% | 43,239,168 -194,800 | -0.4% | -$45.4M |
|
2
Microsoft
MSFT
$3.77T
| $9.02B | 5.86% | 20,957,770 +57,800 | +0.3% | +$24.9M |
|
|
3
NVIDIA
NVDA
$4.25T
| $8.87B | 5.76% | 73,018,200 -1,001,800 | -1% | -$122M |
|
4
Amazon
AMZN
$2.44T
| $5.18B | 3.36% | 27,800,300 +80,000 | +0.3% | +$14.9M |
|
5
Meta Platforms (Facebook)
META
$1.86T
| $3.72B | 2.42% | 6,504,600 +17,100 | +0.3% | +$9.79M |
|
6
Alphabet (Google) Class A
GOOGL
$2.57T
| $2.89B | 1.88% | 17,435,400 -12,600 | -0.1% | -$2.09M |
|
|
7
Alphabet (Google) Class C
GOOG
$2.58T
| $2.51B | 1.63% | 15,005,200 -106,400 | -0.7% | -$17.8M |
|
|
8
Broadcom
AVGO
$1.4T
| $2.26B | 1.47% | 13,125,930 +11,822,467 | +907% | +$2.04B |
|
9
Tesla
TSLA
$1.08T
| $2.23B | 1.45% | 8,519,675 +33,100 | +0.4% | +$8.66M |
|
10
Eli Lilly
LLY
$657B
| $2.12B | 1.38% | 2,397,890 +5,100 | +0.2% | +$4.52M |
|
11
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.81B | 1.18% | 3,931,105 +49,600 | +1% | +$22.8M |
|
12
UnitedHealth
UNH
$281B
| $1.6B | 1.04% | 2,731,961 +2,100 | +0.1% | +$1.23M |
|
13
Exxon Mobil
XOM
$487B
| $1.56B | 1.01% | 13,315,218 +33,400 | +0.3% | +$3.92M |
|
14
Visa
V
$683B
| $1.28B | 0.83% | 4,672,400 -10,300 | -0.2% | -$2.83M |
|
15
Mastercard
MA
$538B
| $1.22B | 0.79% | 2,464,300 -2,400 | -0.1% | -$1.19M |
|
16
Procter & Gamble
PG
$368B
| $1.21B | 0.79% | 7,005,790 +39,000 | +0.6% | +$6.75M |
|
17
Home Depot
HD
$405B
| $1.19B | 0.77% | 2,943,400 +9,200 | +0.3% | +$3.73M |
|
18
Costco
COST
$418B
| $1.17B | 0.76% | 1,315,900 +2,800 | +0.2% | +$2.48M |
|
19
Johnson & Johnson
JNJ
$427B
| $1.16B | 0.75% | 7,143,707 +8,900 | +0.1% | +$1.44M |
|
20
Walmart
WMT
$774B
| $1.06B | 0.69% | 13,131,200 +9,300 | +0.1% | +$751K |
|
21
AbbVie
ABBV
$372B
| $1.03B | 0.67% | 5,240,910 -1,600 | -0% | -$316K |
|
22
Netflix
NFLX
$513B
| $907M | 0.59% | 1,279,000 -2,900 | -0.2% | -$2.06M |
|
23
Coca-Cola
KO
$297B
| $873M | 0.57% | 12,147,700 +21,500 | +0.2% | +$1.54M |
|
24
Merck
MRK
$210B
| $854M | 0.55% | 7,517,951 +19,400 | +0.3% | +$2.2M |
|
25
Oracle
ORCL
$635B
| $837M | 0.54% | 4,913,300 +30,700 | +0.6% | +$5.23M |
|