Swiss National Bank
ZURICH, V8
$191.4bn in 2,301 US stocks at the end of 30 June 2026. The top 10 are 33.8% of the money. It changed about 9.4% of the portfolio this quarter.
Value
$191.4bn
Stocks
2,301
Top 10 share
33.8%
Turnover
9.4%
What changed this quarter
New
Bought for the first time this quarter.
- Space Exploration TechnologiesSPCX0.1% of the fund
- Honeywell InternationalHON0.1% of the fund
- Honeywell AerospaceHONA0.1% of the fund
- CarnivalCCL<0.1% of the fund
- DuPont de NemoursDD<0.1% of the fund
- FedEx Freight Holding CompanyFDXF<0.1% of the fund
- MedlineMDLN<0.1% of the fund
- SharkNinjaSN<0.1% of the fund
- Thomson Reuters Corp /canTRI<0.1% of the fund
- Wise GroupWSE<0.1% of the fund
- Circle Internet GroupCRCL<0.1% of the fund
- Forgent Power SolutionsFPS<0.1% of the fund
- OceanaGoldOGC<0.1% of the fund
- Full Truck AllianceYMM<0.1% of the fund
- Keel InfrastructureKEEL<0.1% of the fund
- VersigentVGNT<0.1% of the fund
- SELLAS Life Sciences GroupSLS<0.1% of the fund
- Aya Gold & SilverAYA<0.1% of the fund
- Trekor MetalsTGB<0.1% of the fund
- Chime FinancialCHYM<0.1% of the fund
- Seabridge GoldSA<0.1% of the fund
- Aura MineralsAUGO<0.1% of the fund
- VeradermicsMANE<0.1% of the fund
- National Energy Services ReunitedNESR<0.1% of the fund
- ArterisAIP<0.1% of the fund
Added
Bought more of a stock they already held.
- SandiskSNDK0.3% of the fund+5%
- Bloom EnergyBE0.1% of the fund+15%
- CoherentCOHR0.1% of the fund+14%
- Rocket LabRKLB<0.1% of the fund+4%
- Devon EnergyDVN<0.1% of the fund+77%
- Nu HoldingsNU<0.1% of the fund+7%
- Revolution MedicinesRVMD<0.1% of the fund+7%
- CoreWeaveCRWV<0.1% of the fund+11%
- TechnipFMCFTI<0.1% of the fund+40%
- MastecMTZ<0.1% of the fund+37%
- XPOXPO<0.1% of the fund+38%
- MKSMKSI<0.1% of the fund+3%
- FabrinetFN<0.1% of the fund+43%
- RedditRDDT<0.1% of the fund+10%
- nVent ElectricNVT<0.1% of the fund+3%
- ATIATI<0.1% of the fund+3%
- MACOM Technology Solutions HoldingsMTSI<0.1% of the fund+2%
- IonQIONQ<0.1% of the fund+10%
- Enlight Renewable EnergyENLT<0.1% of the fund+89%
- Onto InnovationONTO<0.1% of the fund+3%
- ViatrisVTRS<0.1% of the fund+3%
- Guardant HealthGH<0.1% of the fund+10%
- ITTITT<0.1% of the fund+5%
- Akamai TechnologiesAKAM<0.1% of the fund+4%
- Roivant SciencesROIV<0.1% of the fund+27%
Cut
Sold some of their stake.
- NvidiaNVDA6.8% of the fund-9%
- AppleAAPL6.3% of the fund-4%
- MicrosoftMSFT3.9% of the fund-4%
- Amazon.comAMZN3.4% of the fund-3%
- AlphabetGOOGL3.1% of the fund-4%
- BroadcomAVGO2.5% of the fund-4%
- AlphabetGOOG2.4% of the fund-9%
- Micron TechnologyMU1.9% of the fund-4%
- Meta PlatformsMETA1.8% of the fund-3%
- TeslaTSLA1.7% of the fund-4%
- Eli LillyLLY1.4% of the fund-4%
- Advanced Micro DevicesAMD1.4% of the fund-4%
- Berkshire HathawayBRK-B1.0% of the fund-3%
- IntelINTC0.9% of the fund-7%
- Johnson & JohnsonJNJ0.9% of the fund-4%
- VisaV0.8% of the fund-4%
- Applied MaterialsAMAT0.8% of the fund-4%
- ExxonMobil HoldingsXOM0.8% of the fund-5%
- Lam ResearchLRCX0.8% of the fund-4%
- WalmartWMT0.7% of the fund-4%
- CaterpillarCAT0.7% of the fund-4%
- Cisco SystemsCSCO0.7% of the fund-4%
- AbbVieABBV0.7% of the fund-4%
- MastercardMA0.6% of the fund-7%
- Costco WholesaleCOST0.6% of the fund-4%
Sold out
Sold their entire stake.
- Honeywell InternationalHON-100%
- Carnival-100%
- Coterra EnergyCTRA-100%
- DuPont de NemoursDD-100%
- Hologic-100%
- Thomson Reuters-100%
- Masimo-100%
- Air Lease-100%
- Clearwater Analytics Hldgs I-100%
- Sealed Air Corp New-100%
- TRI Pointe Homes-100%
- Amicus Therapeutics-100%
- Arcellx-100%
- Apellis Pharmaceuticals-100%
- Terns Pharmaceuticals-100%
- Seabridge GoldSA-100%
- Taseko Mines-100%
- CSG SYS Intl-100%
- Onestream-100%
- Thermon Group Hldgs-100%
- DEL MonteDMC-100%
- Veris Residential INC.com-100%
- DAY One Biopharmaceuticals I-100%
- Soleno Therapeutics-100%
- EnviriNVRI-100%
Holdings
| Company | Share of fund | Value | Shares | Change |
|---|---|---|---|---|
| NvidiaNVDA | 6.8% | $13.0bn | 65,110,300 | -9% |
| AppleAAPL | 6.3% | $12.0bn | 41,407,648 | -4% |
| MicrosoftMSFT | 3.9% | $7.4bn | 19,896,530 | -4% |
| Amazon.comAMZN | 3.4% | $6.5bn | 27,298,700 | -3% |
| AlphabetGOOGL | 3.1% | $5.9bn | 16,420,760 | -4% |
| BroadcomAVGO | 2.5% | $4.8bn | 12,686,290 | -4% |
| AlphabetGOOG | 2.4% | $4.6bn | 13,037,040 | -9% |
| Micron TechnologyMU | 1.9% | $3.7bn | 3,180,740 | -4% |
| Meta PlatformsMETA | 1.8% | $3.5bn | 6,193,880 | -3% |
| TeslaTSLA | 1.7% | $3.3bn | 7,937,695 | -4% |
| Eli LillyLLY | 1.4% | $2.7bn | 2,265,150 | -4% |
| Advanced Micro DevicesAMD | 1.4% | $2.7bn | 4,598,475 | -4% |
| Berkshire HathawayBRK-B | 1.0% | $2.0bn | 3,922,485 | -3% |
| IntelINTC | 0.9% | $1.7bn | 12,391,400 | -7% |
| Johnson & JohnsonJNJ | 0.9% | $1.7bn | 6,793,407 | -4% |
| VisaV | 0.8% | $1.6bn | 4,741,440 | -4% |
| Applied MaterialsAMAT | 0.8% | $1.6bn | 2,238,380 | -4% |
| ExxonMobil HoldingsXOM | 0.8% | $1.6bn | 11,723,318 | -5% |
| Lam ResearchLRCX | 0.8% | $1.5bn | 3,522,000 | -4% |
| WalmartWMT | 0.7% | $1.4bn | 12,367,300 | -4% |
| CaterpillarCAT | 0.7% | $1.4bn | 1,312,380 | -4% |
| Cisco SystemsCSCO | 0.7% | $1.3bn | 11,140,500 | -4% |
| AbbVieABBV | 0.7% | $1.3bn | 4,988,710 | -4% |
| MastercardMA | 0.6% | $1.2bn | 2,309,500 | -7% |
| Costco WholesaleCOST | 0.6% | $1.2bn | 1,251,300 | -4% |
| KLAKLAC | 0.6% | $1.1bn | 3,696,900 | -4% |
| AstrazenecaAZN | 0.6% | $1.1bn | 5,934,315 | -4% |
| General ElectricGE | 0.6% | $1.1bn | 2,946,942 | -5% |
| UnitedHealth GroupUNH | 0.6% | $1.1bn | 2,560,041 | -4% |
| Home DepotHD | 0.5% | $991m | 2,809,200 | -4% |
| Procter & GamblePG | 0.5% | $961m | 6,554,590 | -4% |
| MerckMRK | 0.5% | $896m | 6,973,251 | -4% |
| GE VernovaGEV | 0.5% | $893m | 760,245 | -5% |
| Coca-ColaKO | 0.5% | $888m | 10,925,700 | -9% |
| NetflixNFLX | 0.4% | $848m | 11,876,340 | -5% |
| Philip Morris InternationalPM | 0.4% | $795m | 4,395,900 | -4% |
| Palo Alto NetworksPANW | 0.4% | $780m | 2,287,315 | -4% |
| Texas InstrumentsTXN | 0.4% | $765m | 2,567,900 | -4% |
| International Business MachinesIBM | 0.4% | $744m | 2,645,760 | -4% |
| RTXRTX | 0.4% | $720m | 3,796,181 | -4% |
| Palantir TechnologiesPLTR | 0.4% | $717m | 6,142,500 | -8% |
| Marvell TechnologyMRVL | 0.4% | $716m | 2,404,703 | -3% |
| OracleORCL | 0.4% | $713m | 4,866,980 | -4% |
| LindeLIN | 0.4% | $678m | 1,306,961 | -5% |
| SandiskSNDK | 0.3% | $663m | 291,462 | +5% |
| Western DigitalWDC | 0.3% | $623m | 975,987 | -3% |
| AmphenolAPH | 0.3% | $611m | 3,467,500 | -3% |
| Seagate Technology HoldingsSTX | 0.3% | $594m | 616,040 | -4% |
| CorningGLW | 0.3% | $572m | 2,240,900 | -6% |
| QualcommQCOM | 0.3% | $556m | 3,009,400 | -4% |
| AmgenAMGN | 0.3% | $551m | 1,520,393 | -4% |
| Analog DevicesADI | 0.3% | $547m | 1,376,955 | -4% |
| McDonald'sMCD | 0.3% | $542m | 2,003,620 | -4% |
| CrowdStrike HoldingsCRWD | 0.3% | $531m | 696,300 | -6% |
| Thermo Fisher ScientificTMO | 0.3% | $525m | 1,048,120 | -5% |
| PepsiCoPEP | 0.3% | $522m | 3,854,800 | -4% |
| NextEra EnergyNEE | 0.3% | $516m | 5,881,600 | -3% |
| Arista NetworksANET | 0.3% | $512m | 3,012,400 | -4% |
| American ExpressAXP | 0.3% | $507m | 1,499,019 | -7% |
| Verizon CommunicationsVZ | 0.3% | $499m | 11,789,498 | -5% |
| Walt DisneyDIS | 0.3% | $481m | 4,996,525 | -5% |
| TJX CompaniesTJX | 0.2% | $473m | 3,121,700 | -4% |
| EatonETN | 0.2% | $466m | 1,094,320 | -4% |
| BoeingBA | 0.2% | $456m | 2,105,477 | -8% |
| Union PacificUNP | 0.2% | $455m | 1,674,600 | -4% |
| ShopifySHOP | 0.2% | $452m | 3,962,700 | -4% |
| WelltowerWELL | 0.2% | $451m | 1,987,000 | Held |
| Abbott LaboratoriesABT | 0.2% | $446m | 4,912,380 | -4% |
| Gilead SciencesGILD | 0.2% | $442m | 3,500,700 | -4% |
| DeereDE | 0.2% | $435m | 685,640 | -9% |
| AT&TT | 0.2% | $408m | 19,692,784 | -5% |
| Intuitive SurgicalISRG | 0.2% | $398m | 1,001,760 | -4% |
| Booking HoldingsBKNG | 0.2% | $394m | 2,208,960 | -7% |
| PfizerPFE | 0.2% | $386m | 16,043,812 | -4% |
| EnbridgeENB | 0.2% | $381m | 7,051,631 | -4% |
| CVS HealthCVS | 0.2% | $371m | 3,588,160 | -4% |
| Dell TechnologiesDELL | 0.2% | $367m | 849,708 | -9% |
| Uber TechnologiesUBER | 0.2% | $363m | 5,026,700 | -13% |
| ProgressivePGR | 0.2% | $360m | 1,649,900 | -4% |
| ConocoPhillipsCOP | 0.2% | $358m | 3,447,470 | -5% |
| Vertex PharmaceuticalsVRTX | 0.2% | $356m | 717,440 | -4% |
| PrologisPLD | 0.2% | $356m | 2,629,308 | -4% |
| SalesforceCRM | 0.2% | $352m | 2,249,477 | -18% |
| Lowe's CompaniesLOW | 0.2% | $348m | 1,579,720 | -4% |
| Parker-HannifinPH | 0.2% | $348m | 355,980 | -4% |
| Vertiv HoldingsVRT | 0.2% | $343m | 1,025,140 | -4% |
| DanaherDHR | 0.2% | $342m | 1,796,508 | -4% |
| Altria GroupMO | 0.2% | $339m | 4,713,900 | -4% |
| Capital One FinancialCOF | 0.2% | $339m | 1,687,316 | -10% |
| ChubbCB | 0.2% | $336m | 986,151 | -10% |
| AppLovinAPP | 0.2% | $334m | 647,550 | -4% |
| Bristol-Myers SquibbBMY | 0.2% | $332m | 5,758,800 | -4% |
| StarbucksSBUX | 0.2% | $328m | 3,213,400 | -4% |
| Trane TechnologiesTT | 0.2% | $307m | 624,303 | -4% |
| StrykerSYK | 0.2% | $306m | 972,180 | -4% |
| Quanta ServicesPWR | 0.2% | $305m | 423,235 | -3% |
| Southern CompanySO | 0.2% | $304m | 3,179,600 | Held |
| Howmet AerospaceHWM | 0.2% | $304m | 1,130,884 | Held |
| ServiceNowNOW | 0.2% | $293m | 2,950,140 | -3% |
| Cadence Design SystemsCDNS | 0.2% | $292m | 778,740 | -3% |
Showing the largest 100 of 2,301.
Over time and by industry
Value over time
Jun '25
Dec '25
Jun '26
Value is up 14.6% since 30 June 2025.
Where the money is
Technology37.9%
Industrials10.3%
Health care10.2%
Retail & consumer9.8%
Media & telecom9.6%
Financial services6.4%
Everyday goods4.5%
Energy3.3%
Materials2.9%
Utilities2.6%
Real estate2.2%
Other0.2%
From the fund's 13F filings. They list US stocks and options only, 45 days after each quarter, and leave out cash, bonds, shorts and foreign shares.