— Know what they know.
Not Investment Advice
Asset Manager ← All Institutions

Swiss National Bank

BOERSENSTRASSE 15 P.O. BOX 2800, ZURICH, V8 CH-8022 • (41)-44-631-31-11

Q2 2025 · Filed 2025-08-12
Market Value
$165.7B
+17.9%
Holdings
2,345
-52
New Purchases
25
Added To
846
Closed
88
Reduced
1,096
Top 10 Concentration
34.5%
Turnover
4.8%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
NVDA 7.04% 5.33% +1.72% $11.7B
MSFT 6.42% 5.32% +1.10% $10.6B
AVGO 2.25% 1.50% +0.75% $3.7B
META 2.95% 2.52% +0.43% $4.9B
NFLX 1.05% 0.80% +0.25% $1.7B
AMZN 3.83% 3.61% +0.21% $6.3B
ORCL 0.67% 0.47% +0.20% $1.1B
TSLA 1.68% 1.50% +0.18% $2.8B
PLTR 0.53% 0.36% +0.18% $884M
COF 0.25% 0.14% +0.11% $412M
GEV 0.26% 0.17% +0.10% $438M
AMD 0.42% 0.33% +0.09% $698M
GE 0.50% 0.43% +0.07% $831M
GOOGL 1.88% 1.81% +0.06% $3.1B
APH 0.22% 0.16% +0.06% $362M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 5.63% 6.71% -1.07% $9.3B
UNH 0.52% 0.97% -0.45% $864M
BRK-B 1.19% 1.42% -0.23% $2.0B
XOM 0.85% 1.05% -0.20% $1.4B
LLY 1.15% 1.34% -0.19% $1.9B
ABBV 0.60% 0.74% -0.14% $994M
JNJ 0.67% 0.80% -0.13% $1.1B
PG 0.68% 0.81% -0.12% $1.1B
TMO 0.28% 0.38% -0.10% $463M
V 1.12% 1.22% -0.10% $1.9B
MRK 0.36% 0.46% -0.09% $603M
DFS 0.00% 0.09% -0.09% $0
PEP 0.33% 0.41% -0.08% $548M
TMUS 0.20% 0.28% -0.08% $335M
FI 0.18% 0.25% -0.08% $292M

Sector Allocation Over Time

Industry Breakdown

IndustryWeight
Technology 33.7%
Healthcare 10.9%
Consumer Cyclical 10.6%
Communication Services 10.4%
Industrials 9.5%

Market Cap Concentration

TierHoldingsValueWeight
Mega Cap 47 $87.8B 53.0%
Large Cap 658 $69.3B 41.8%
Mid Cap 926 $7.3B 4.4%
Small Cap 677 $1.2B 0.7%
Micro Cap 37 $22M 0.0%

Portfolio Analytics

Avg Market Cap
$33.4B
Median Market Cap
$4.3B
Avg P/E
33.9
Median P/E
21.3
Avg Dividend Yield
0.02%
Avg Beta
1.09
# Stocks
2,345
# ETFs / Funds
0

Top Holdings (2,345 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 7.04% 73,861,400 $11.7B $157.99 $4.2B +4,789,900 +6.9%
2 MSFT 6.42% 21,378,070 $10.6B $497.41 $3.2B +1,457,100 +7.3%
3 AAPL 5.63% 45,473,468 $9.3B $205.17 -$91M +3,060,500 +7.2%
4 AMZN 3.83% 28,912,300 $6.3B $219.39 $1.3B +2,221,500 +8.3%
5 META 2.95% 6,630,600 $4.9B $738.09 $1.3B +481,600 +7.8%
6 AVGO 2.25% 13,521,630 $3.7B $275.65 $1.6B +962,500 +7.7%
7 GOOGL 1.88% 17,657,100 $3.1B $176.23 $563M +1,177,600 +7.2%
8 TSLA 1.68% 8,763,075 $2.8B $317.66 $672M +614,600 +7.5%
9 GOOG 1.60% 14,976,100 $2.7B $177.39 $462M +928,800 +6.6%
10 BRK-B 1.19% 4,055,905 $2.0B $485.77 -$29M +302,400 +8.1%
11 LLY 1.15% 2,439,190 $1.9B $779.53 $22M +163,400 +7.2%
12 V 1.12% 5,216,800 $1.9B $355.05 $143M +339,300 +7.0%
13 NFLX 1.05% 1,294,900 $1.7B $1,339.13 $610M +89,300 +7.4%
14 XOM 0.85% 13,093,118 $1.4B $107.80 -$63M +697,300 +5.6%
15 MA 0.84% 2,465,300 $1.4B $561.94 $118M +153,500 +6.6%
16 COST 0.80% 1,343,000 $1.3B $989.94 $145M +91,000 +7.3%
17 WMT 0.79% 13,347,200 $1.3B $97.78 $211M +885,700 +7.1%
18 PG 0.68% 7,098,090 $1.1B $159.32 -$1M +455,700 +6.9%
19 JNJ 0.67% 7,294,807 $1.1B $152.75 -$12M +504,100 +7.4%
20 ORCL 0.67% 5,093,200 $1.1B $218.63 $452M +360,000 +7.6%
21 HD 0.67% 3,008,600 $1.1B $366.64 $76M +206,900 +7.4%
22 ABBV 0.60% 5,354,810 $994M $185.62 -$50M +370,800 +7.4%
23 PLTR 0.53% 6,484,200 $884M $136.32 $383M +549,500 +9.3%
24 KO 0.53% 12,376,000 $876M $70.75 $49M +833,900 +7.2%
25 UNH 0.52% 2,769,061 $864M $311.97 -$496M +173,500 +6.7%
26 PM 0.52% 4,711,600 $858M $182.13 $162M +326,400 +7.4%
27 CSCO 0.50% 12,042,600 $836M $69.38 $142M +809,800 +7.2%
28 GE 0.50% 3,228,662 $831M $257.39 $220M +176,100 +5.8%
29 IBM 0.50% 2,806,900 $827M $294.78 $179M +199,000 +7.6%
30 CRM 0.48% 2,908,977 $793M $272.69 $69M +209,900 +7.8%
31 ABT 0.43% 5,249,880 $714M $136.01 $65M +358,100 +7.3%
32 AMD 0.42% 4,917,975 $698M $141.90 $228M +341,000 +7.5%
33 DIS 0.41% 5,472,225 $679M $124.01 $174M +364,700 +7.1%
34 LIN 0.41% 1,431,601 $672M $469.18 $46M +88,700 +6.6%
35 INTU 0.40% 846,200 $666M $787.63 $182M +56,800 +7.2%
36 NOW 0.39% 626,600 $644M $1,028.08 $182M +45,600 +7.8%
37 MCD 0.38% 2,164,700 $632M $292.17 $1M +143,500 +7.1%
38 T 0.38% 21,728,984 $629M $28.94 $57M +1,491,700 +7.4%
39 MRK 0.36% 7,617,551 $603M $79.16 -$37M +482,700 +6.8%
40 RTX 0.36% 4,041,381 $590M $146.02 $93M +287,400 +7.7%
41 ISRG 0.36% 1,084,500 $589M $543.41 $92M +79,900 +8.0%
42 BKNG 0.35% 99,284 $575M $5,789.24 $145M +5,900 +6.3%
43 TXN 0.35% 2,754,500 $572M $207.62 $110M +181,700 +7.1%
44 ACN 0.34% 1,895,000 $566M $298.89 $16M +130,900 +7.4%
45 CAT 0.34% 1,446,800 $562M $388.21 $113M +85,200 +6.3%
46 VZ 0.33% 12,774,398 $553M $43.27 $14M +901,700 +7.6%
47 PEP 0.33% 4,151,100 $548M $132.04 -$32M +281,600 +7.3%
48 AXP 0.33% 1,697,879 $542M $318.98 $114M +108,500 +6.8%
49 QCOM 0.32% 3,347,900 $533M $159.26 $52M +214,400 +6.8%
50 UBER 0.32% 5,697,400 $532M $93.30 $142M +352,400 +6.6%
51 ADBE 0.30% 1,290,200 $499M $386.88 $28M +62,500 +5.1%
52 BSX 0.29% 4,477,200 $481M $107.41 $62M +320,400 +7.7%
53 BA 0.29% 2,277,700 $477M $209.53 $117M +167,500 +7.9%
54 PGR 0.29% 1,774,600 $474M $266.86 $6M +122,400 +7.4%
55 TMO 0.28% 1,142,700 $463M $405.46 -$73M +64,000 +5.9%
56 HON 0.28% 1,963,900 $457M $232.88 $69M +129,900 +7.1%
57 AMGN 0.27% 1,627,533 $454M $279.21 -$18M +111,500 +7.3%
58 AMAT 0.27% 2,459,400 $450M $183.07 $117M +164,500 +7.2%
59 GEV 0.26% 827,465 $438M $529.15 $201M +50,100 +6.4%
60 NEE 0.26% 6,231,500 $433M $69.42 $21M +431,400 +7.4%
61 SHOP 0.26% 3,700,900 $425M $114.89 $97M +249,200 +7.2%
62 ETN 0.26% 1,185,900 $423M $356.99 $120M +71,300 +6.4%
63 GILD 0.25% 3,773,700 $418M $110.87 $25M +258,700 +7.4%
64 TJX 0.25% 3,381,700 $418M $123.49 $31M +211,100 +6.7%
65 UNP 0.25% 1,814,300 $417M $230.08 $13M +104,400 +6.1%
66 MU 0.25% 3,383,100 $417M $123.25 $144M +240,600 +7.7%
67 PFE 0.25% 17,168,012 $416M $24.24 $11M +1,185,000 +7.4%
68 COF 0.25% 1,935,516 $412M $212.76 $219M +860,416 +80.0%
69 SYK 0.25% 1,039,900 $411M $395.63 $51M +72,300 +7.5%
70 PANW 0.25% 2,004,200 $410M $204.64 $94M +153,500 +8.3%
71 CMCSA 0.25% 11,417,100 $407M $35.69 $10M +651,500 +6.0%
72 DE 0.24% 780,600 $397M $508.49 $54M +51,000 +7.0%
73 DHR 0.23% 1,949,208 $385M $197.54 $9M +115,900 +6.3%
74 CRWD 0.23% 750,300 $382M $509.31 $137M +55,700 +8.0%
75 ADP 0.23% 1,231,600 $380M $308.40 $29M +82,500 +7.2%
76 LRCX 0.23% 3,885,700 $378M $97.34 $114M +256,700 +7.1%
77 LOW 0.23% 1,694,400 $376M $221.87 $5M +101,900 +6.4%
78 SPOT 0.22% 484,100 $371M $767.34 $135M +53,800 +12.5%
79 APH 0.22% 3,668,200 $362M $98.75 $139M +267,900 +7.9%
80 MELI 0.22% 138,200 $361M $2,613.63 $110M +9,600 +7.5%
81 KLAC 0.22% 402,300 $360M $895.74 $104M +25,100 +6.7%
82 ADI 0.22% 1,501,275 $357M $238.02 $75M +102,100 +7.3%
83 VRTX 0.21% 778,300 $346M $445.20 -$6M +52,100 +7.2%
84 COP 0.21% 3,826,870 $343M $89.74 -$40M +178,500 +4.9%
85 MDT 0.20% 3,882,366 $338M $87.17 $13M +265,800 +7.3%
86 TMUS 0.20% 1,407,502 $335M $238.26 -$57M -65,400 -4.4%
87 CB 0.20% 1,152,691 $334M $289.72 $8M +72,700 +6.7%
88 ANET 0.20% 3,244,900 $332M $102.31 $98M +224,800 +7.4%
89 MMC 0.20% 1,491,600 $326M $218.64 -$12M +106,500 +7.7%
90 SBUX 0.19% 3,438,500 $315M $91.63 $1M +240,700 +7.5%
91 AMT 0.19% 1,417,100 $313M $221.02 $26M +99,200 +7.5%
92 CEG 0.18% 948,451 $306M $322.76 $128M +66,200 +7.5%
93 SO 0.18% 3,320,200 $305M $91.83 $21M +229,900 +7.4%
94 MSTR 0.18% 749,300 $303M $404.23 $118M +109,500 +17.1%
95 WELL 0.18% 1,962,900 $302M $153.73 $33M +206,600 +11.8%
96 MO 0.18% 5,104,700 $299M $58.63 $12M +324,700 +6.8%
97 ENB 0.18% 6,622,431 $299M $45.17 $25M +424,000 +6.8%
98 TT 0.18% 679,003 $297M $437.41 $83M +44,400 +7.0%
99 INTC 0.18% 13,199,900 $296M $22.40 $19M +1,035,600 +8.5%
100 PLD 0.18% 2,806,008 $295M $105.12 $3M +193,800 +7.4%

New Positions

SymbolValue% Port
EMRAF $41M 0.02%
RKLB $27M 0.02%
ALAB $22M 0.01%
SEIC $18M 0.01%
RAL $17M 0.01%
BEN $13M 0.01%
TEM $9M 0.01%
OR $8M —%
MBLY $3M —%
CSTM $3M —%
TMC $3M —%
KRMN $3M —%
DEA $2M —%
GRPN $2M —%
SCHN $1M —%

Sold Out Positions

SymbolValue% Port
CLW —%
ACCO —%
PACK —%
GDOT —%
CHPT —%
TTI —%
WLK —%
LUV —%
LXU —%
HPP —%
EGY —%
BEKE —%
CMTG —%
SD —%
ADV —%
View SEC EDGAR Filings for Swiss National Bank →

Sign in to InsiderStreet

You'll also get our free weekly newsletter with
smart money signals, market insights, and alpha ideas.
Unsubscribe anytime.

For informational purposes only. Not investment advice. Data sourced from SEC filings. Privacy Terms