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Asset Manager ← All Institutions

Swiss National Bank

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

Q3 2025 · Filed 2025-11-13
Market Value
$171.1B
+3.3%
Holdings
2,297
-48
New Purchases
40
Added To
1,224
Closed
58
Reduced
707
Top 10 Concentration
36.7%
Turnover
4.3%

Top Buys (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AAPL 6.41% 5.63% +0.78% $11.0B
NVDA 7.67% 7.04% +0.63% $13.1B
GOOGL 2.38% 1.88% +0.51% $4.1B
TSLA 2.17% 1.68% +0.49% $3.7B
GOOG 2.02% 1.60% +0.41% $3.4B
AVGO 2.48% 2.25% +0.23% $4.2B
PLTR 0.70% 0.53% +0.16% $1.2B
APP 0.28% 0.15% +0.13% $478M
ORCL 0.80% 0.67% +0.13% $1.4B
ABBV 0.69% 0.60% +0.09% $1.2B
JNJ 0.75% 0.67% +0.08% $1.3B
INTC 0.25% 0.18% +0.07% $422M
MU 0.32% 0.25% +0.06% $540M
ANET 0.26% 0.20% +0.06% $448M
LRCX 0.29% 0.23% +0.06% $494M

Top Sells (by % of Portfolio)

SymbolCur %Prior %Chg %Value
AMZN 3.53% 3.83% -0.29% $6.0B
META 2.69% 2.95% -0.27% $4.6B
MSFT 6.16% 6.42% -0.26% $10.5B
NFLX 0.86% 1.05% -0.19% $1.5B
V 0.98% 1.12% -0.13% $1.7B
LLY 1.04% 1.15% -0.11% $1.8B
COST 0.69% 0.80% -0.11% $1.2B
CRM 0.38% 0.48% -0.10% $653M
PM 0.43% 0.52% -0.09% $728M
ISRG 0.27% 0.36% -0.09% $462M
ACN 0.26% 0.34% -0.08% $443M
INTU 0.32% 0.40% -0.08% $549M
PG 0.61% 0.68% -0.08% $1.0B
HES 0.00% 0.07% -0.07% $0
KO 0.46% 0.53% -0.07% $782M

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 $94.0B 54.9%
Large Cap 654 $68.2B 39.9%
Mid Cap 925 $7.6B 4.5%
Small Cap 648 $1.2B 0.7%
Micro Cap 23 $23M 0.0%

Portfolio Analytics

Avg Market Cap
$34.1B
Median Market Cap
$4.4B
Avg P/E
33.7
Median P/E
21.2
Avg Dividend Yield
0.02%
Avg Beta
1.10
# Stocks
2,297
# ETFs / Funds
0

Top Holdings (2,297 total)

# Symbol % Port Shares Value Avg Price Q/Q Value Chg Share Chg Chg % Status
1 NVDA 7.67% 70,335,700 $13.1B $186.58 $1.5B -3,525,700 -4.8%
2 AAPL 6.41% 43,054,168 $11.0B $254.63 $1.6B -2,419,300 -5.3%
3 MSFT 6.16% 20,353,870 $10.5B $517.95 -$91M -1,024,200 -4.8%
4 AMZN 3.53% 27,542,600 $6.0B $219.57 -$296M -1,369,700 -4.7%
5 META 2.69% 6,258,600 $4.6B $734.38 -$298M -372,000 -5.6%
6 AVGO 2.48% 12,880,230 $4.2B $329.91 $522M -641,400 -4.7%
7 GOOGL 2.38% 16,776,600 $4.1B $243.10 $967M -880,500 -5.0%
8 TSLA 2.17% 8,356,175 $3.7B $444.72 $932M -406,900 -4.6%
9 GOOG 2.02% 14,162,400 $3.4B $243.55 $793M -813,700 -5.4%
10 BRK-B 1.15% 3,906,505 $2.0B $502.74 -$6M -149,400 -3.7%
11 LLY 1.04% 2,322,190 $1.8B $763.00 -$130M -117,000 -4.8%
12 V 0.98% 4,932,100 $1.7B $341.38 -$169M -284,700 -5.5%
13 NFLX 0.86% 1,226,800 $1.5B $1,198.92 -$263M -68,100 -5.3%
14 MA 0.82% 2,468,100 $1.4B $568.81 $19M +2,800 +0.1%
15 XOM 0.82% 12,422,918 $1.4B $112.75 -$11M -670,200 -5.1%
16 ORCL 0.80% 4,883,400 $1.4B $281.24 $260M -209,800 -4.1%
17 WMT 0.76% 12,652,400 $1.3B $103.06 -$1M -694,800 -5.2%
18 JNJ 0.75% 6,935,707 $1.3B $185.42 $172M -359,100 -4.9%
19 PLTR 0.70% 6,527,000 $1.2B $182.42 $307M +42,800 +0.7%
20 COST 0.69% 1,278,400 $1.2B $925.63 -$146M -64,600 -4.8%
21 ABBV 0.69% 5,091,810 $1.2B $231.54 $185M -263,000 -4.9%
22 HD 0.68% 2,868,000 $1.2B $405.19 $59M -140,600 -4.7%
23 PG 0.61% 6,758,290 $1.0B $153.65 -$92M -339,800 -4.8%
24 GE 0.54% 3,073,962 $925M $300.82 $94M -154,700 -4.8%
25 UNH 0.53% 2,614,861 $903M $345.30 $39M -154,200 -5.6%
26 CSCO 0.46% 11,467,800 $785M $68.42 -$51M -574,800 -4.8%
27 KO 0.46% 11,787,100 $782M $66.32 -$94M -588,900 -4.8%
28 AMD 0.44% 4,673,875 $756M $161.79 $58M -244,100 -5.0%
29 IBM 0.44% 2,679,000 $756M $282.16 -$72M -127,900 -4.6%
30 PM 0.43% 4,486,800 $728M $162.20 -$130M -224,800 -4.8%
31 ABT 0.39% 5,015,280 $672M $133.94 -$42M -234,600 -4.5%
32 CRM 0.38% 2,755,777 $653M $237.00 -$140M -153,200 -5.3%
33 CAT 0.38% 1,355,800 $647M $477.15 $85M -91,000 -6.3%
34 LIN 0.38% 1,356,901 $645M $475.00 -$27M -74,700 -5.2%
35 RTX 0.38% 3,850,981 $644M $167.33 $54M -190,400 -4.7%
36 MCD 0.37% 2,061,100 $626M $303.89 -$6M -103,600 -4.8%
37 MRK 0.36% 7,238,251 $608M $83.93 $5M -379,300 -5.0%
38 DIS 0.35% 5,182,125 $593M $114.50 -$85M -290,100 -5.3%
39 T 0.34% 20,742,084 $586M $28.24 -$43M -986,900 -4.5%
40 UBER 0.33% 5,726,600 $561M $97.97 $29M +29,200 +0.5%
41 PEP 0.32% 3,952,200 $555M $140.44 $7M -198,900 -4.8%
42 NOW 0.32% 597,100 $549M $920.28 -$95M -29,500 -4.7%
43 INTU 0.32% 804,100 $549M $682.91 -$117M -42,100 -5.0%
44 MU 0.32% 3,225,900 $540M $167.32 $123M -157,200 -4.7%
45 AXP 0.31% 1,615,579 $537M $332.16 -$5M -82,300 -4.8%
46 VZ 0.31% 12,153,698 $534M $43.95 -$19M -620,700 -4.9%
47 TMO 0.31% 1,088,200 $528M $485.02 $64M -54,500 -4.8%
48 SHOP 0.30% 3,510,500 $522M $148.63 $97M -190,400 -5.1%
49 QCOM 0.30% 3,118,100 $519M $166.36 -$14M -229,800 -6.9%
50 BKNG 0.30% 93,784 $506M $5,399.27 -$68M -5,500 -5.5%
51 LRCX 0.29% 3,687,200 $494M $133.90 $115M -198,500 -5.1%
52 GEV 0.28% 786,765 $484M $614.90 $46M -40,700 -4.9%
53 TXN 0.28% 2,618,800 $481M $183.73 -$91M -135,700 -4.9%
54 APP 0.28% 665,290 $478M $718.54 $232M -36,900 -5.2%
55 AMAT 0.28% 2,313,300 $474M $204.74 $23M -146,100 -5.9%
56 BA 0.27% 2,173,500 $469M $215.83 -$8M -104,200 -4.6%
57 TJX 0.27% 3,215,900 $465M $144.54 $47M -165,800 -4.9%
58 ISRG 0.27% 1,033,200 $462M $447.23 -$127M -51,300 -4.7%
59 ANET 0.26% 3,077,300 $448M $145.71 $116M -167,600 -5.2%
60 NEE 0.26% 5,934,100 $448M $75.49 $15M -297,400 -4.8%
61 ACN 0.26% 1,795,500 $443M $246.60 -$124M -99,500 -5.2%
62 AMGN 0.26% 1,549,933 $437M $282.20 -$17M -77,600 -4.8%
63 APH 0.25% 3,486,800 $431M $123.75 $69M -181,400 -5.0%
64 ADBE 0.25% 1,222,800 $431M $352.75 -$68M -67,400 -5.2%
65 ETN 0.25% 1,128,000 $422M $374.25 -$1M -57,900 -4.9%
66 INTC 0.25% 12,573,800 $422M $33.55 $126M -626,100 -4.7%
67 PFE 0.24% 16,388,512 $418M $25.48 $1M -779,500 -4.5%
68 PGR 0.24% 1,689,800 $417M $246.95 -$56M -84,800 -4.8%
69 BSX 0.24% 4,264,700 $416M $97.63 -$65M -212,500 -4.8%
70 KLAC 0.24% 381,200 $411M $1,078.60 $51M -21,100 -5.2%
71 UNP 0.24% 1,722,300 $407M $236.37 -$10M -92,000 -5.1%
72 LOW 0.24% 1,615,500 $406M $251.31 $30M -78,900 -4.7%
73 GILD 0.23% 3,585,600 $398M $111.00 -$20M -188,100 -5.0%
74 COF 0.23% 1,845,316 $392M $212.58 -$20M -90,200 -4.7%
75 PANW 0.23% 1,922,100 $391M $203.62 -$19M -82,100 -4.1%
76 HON 0.23% 1,852,600 $390M $210.50 -$67M -111,300 -5.7%
77 DHR 0.22% 1,856,708 $368M $198.26 -$17M -92,500 -4.8%
78 SYK 0.21% 991,500 $367M $369.67 -$45M -48,400 -4.7%
79 TMUS 0.21% 1,472,902 $353M $239.38 $17M +65,400 +4.7%
80 CRWD 0.21% 718,500 $352M $490.38 -$30M -31,800 -4.2%
81 MDT 0.21% 3,693,366 $352M $95.24 $13M -189,000 -4.9%
82 ADI 0.21% 1,430,475 $351M $245.70 -$6M -70,800 -4.7%
83 COP 0.20% 3,639,070 $344M $94.59 $796K -187,800 -4.9%
84 ADP 0.20% 1,170,200 $343M $293.50 -$36M -61,400 -5.0%
85 DE 0.20% 741,700 $339M $457.26 -$58M -38,900 -5.0%
86 CMCSA 0.20% 10,735,500 $337M $31.42 -$70M -681,600 -6.0%
87 WELL 0.20% 1,885,100 $336M $178.14 $34M -77,800 -4.0%
88 MO 0.19% 4,855,600 $321M $66.06 $21M -249,100 -4.9%
89 SPOT 0.19% 457,000 $319M $698.00 -$52M -27,100 -5.6%
90 ENB 0.19% 6,272,931 $317M $50.47 $17M -349,500 -5.3%
91 CB 0.18% 1,097,391 $310M $282.25 -$24M -55,300 -4.8%
92 MELI 0.18% 131,500 $307M $2,336.94 -$54M -6,700 -4.8%
93 PLD 0.18% 2,674,808 $306M $114.52 $11M -131,200 -4.7%
94 SO 0.18% 3,168,100 $300M $94.77 -$5M -152,100 -4.6%
95 CEG 0.17% 903,551 $297M $329.07 -$9M -44,900 -4.7%
96 VRTX 0.17% 740,300 $290M $391.64 -$57M -38,000 -4.9%
97 MMC 0.17% 1,420,300 $286M $201.53 -$40M -71,300 -4.8%
98 DASH 0.16% 1,034,300 $281M $271.99 $14M -50,300 -4.6%
99 PH 0.16% 368,300 $279M $758.15 $7M -21,400 -5.5%
100 MCK 0.16% 360,550 $279M $772.54 $559K -18,800 -5.0%

New Positions

SymbolValue% Port
VNOM $12M 0.01%
PSKY $12M 0.01%
GLXY $11M 0.01%
LCID $6M —%
LINE $5M —%
LASR $3M —%
WLDN $3M —%
PENG $3M —%
XERS $3M —%
EURN $2M —%
SMA $2M —%
PRCH $2M —%
CDTX $2M —%
RCAT $2M —%
HPP $2M —%

Sold Out Positions

SymbolValue% Port
JELD —%
SLQT —%
SSB —%
BFLY —%
WNC —%
FLNG —%
BGS —%
RKT —%
ZIP —%
KRO —%
SWBI —%
CTKB —%
BVS —%
JACK —%
OFIX —%
View SEC EDGAR Filings for Swiss National Bank →

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