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
|
$757M |
| 2 |
Microsoft
MSFT
|
$725M |
| 3 |
Apple
AAPL
|
$628M |
| 4 |
Amazon
AMZN
|
$487M |
| 5 |
Meta Platforms (Facebook)
META
|
$355M |
Top Sells
| 1 |
DFS
Discover Financial Services
DFS
|
$121M |
| 2 |
KE Holdings
BEKE
|
$31.8M |
| 3 |
ITCI
Intra-Cellular Therapies Inc.
ITCI
|
$24.4M |
| 4 |
X
US Steel
X
|
$18.4M |
| 5 |
BERY
Berry Global Group, Inc.
BERY
|
$15.6M |
Sector Composition
| 1 | Technology | 34.97% |
| 2 | Consumer Discretionary | 11.79% |
| 3 | Communication Services | 10.31% |
| 4 | Healthcare | 9.95% |
| 5 | Industrials | 9.24% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
NVIDIA
NVDA
$4.25T
| $11.7B | 6.99% | 73,861,400 +4,789,900 | +7% | +$757M |
|
|
2
Microsoft
MSFT
$3.77T
| $10.6B | 6.37% | 21,378,070 +1,457,100 | +7% | +$725M |
|
|
3
Apple
AAPL
$3.45T
| $9.33B | 5.59% | 45,473,468 +3,060,500 | +7% | +$628M |
|
|
4
Amazon
AMZN
$2.44T
| $6.34B | 3.8% | 28,912,300 +2,221,500 | +8% | +$487M |
|
|
5
Meta Platforms (Facebook)
META
$1.86T
| $4.89B | 2.93% | 6,630,600 +481,600 | +8% | +$355M |
|
6
Broadcom
AVGO
$1.4T
| $3.73B | 2.23% | 13,521,630 +962,500 | +8% | +$265M |
|
7
Alphabet (Google) Class A
GOOGL
$2.57T
| $3.11B | 1.86% | 17,657,100 +1,177,600 | +7% | +$208M |
|
8
Tesla
TSLA
$1.08T
| $2.78B | 1.67% | 8,763,075 +614,600 | +8% | +$195M |
|
|
9
Alphabet (Google) Class C
GOOG
$2.58T
| $2.66B | 1.59% | 14,976,100 +928,800 | +7% | +$165M |
|
10
Berkshire Hathaway Class B
BRK.B
$1.09T
| $1.97B | 1.18% | 4,055,905 +302,400 | +8% | +$147M |
|
11
Eli Lilly
LLY
$657B
| $1.9B | 1.14% | 2,439,190 +163,400 | +7% | +$127M |
|
12
Visa
V
$683B
| $1.85B | 1.11% | 5,216,800 +339,300 | +7% | +$120M |
|
13
Netflix
NFLX
$513B
| $1.73B | 1.04% | 1,294,900 +89,300 | +7% | +$120M |
|
14
Exxon Mobil
XOM
$487B
| $1.41B | 0.85% | 13,093,118 +697,300 | +6% | +$75.2M |
|
15
Mastercard
MA
$538B
| $1.39B | 0.83% | 2,465,300 +153,500 | +7% | +$86.3M |
|
16
Costco
COST
$418B
| $1.33B | 0.8% | 1,343,000 +91,000 | +7% | +$90.1M |
|
17
Walmart
WMT
$774B
| $1.31B | 0.78% | 13,347,200 +885,700 | +7% | +$86.6M |
|
18
Procter & Gamble
PG
$368B
| $1.13B | 0.68% | 7,098,090 +455,700 | +7% | +$72.6M |
|
19
Johnson & Johnson
JNJ
$427B
| $1.11B | 0.67% | 7,294,807 +504,100 | +7% | +$77M |
|
20
Oracle
ORCL
$635B
| $1.11B | 0.67% | 5,093,200 +360,000 | +8% | +$78.7M |
|
21
Home Depot
HD
$405B
| $1.1B | 0.66% | 3,008,600 +206,900 | +7% | +$75.9M |
|
22
AbbVie
ABBV
$372B
| $994M | 0.6% | 5,354,810 +370,800 | +7% | +$68.8M |
|
23
Palantir
PLTR
$372B
| $884M | 0.53% | 6,484,200 +549,500 | +9% | +$74.9M |
|
24
Coca-Cola
KO
$297B
| $876M | 0.52% | 12,376,000 +833,900 | +7% | +$59M |
|
25
UnitedHealth
UNH
$281B
| $864M | 0.52% | 2,769,061 +173,500 | +7% | +$54.1M |
|