Swiss National Bank

In its 13F for Q3 2024 (holdings as of September 30, 2024, filed November 7, 2024), Swiss National Bank reported 2,465 stock positions worth $154.0 billion. Its top holding was Apple (AAPL) at 6.5% of the portfolio, followed by Microsoft (MSFT, 5.9%) and Nvidia (NVDA, 5.8%). Compared with Q2 2024, it opened 52 new positions, sold out of 46, added to 676 and reduced 1,106. The biggest buy was Tesla (TSLA, shares +0%) and the biggest sale Nvidia (NVDA, shares −1%).

Most Recent 13F
Q2 2026
Location
ZURICH, V8
CIK
0001582202
Portfolio Value
$154.0B (Q3 2024)
SEC Filing
0001582202-24-000011 ↗ filed Nov 7, 2024

Holdings Value

0$50.0B$100.0B$150.0B$200.0B Q1 2024: $142.7B Q1 2024 Q2 2024: $145.5B Q2 2024 Q3 2024: $154.0B $154.0B Q3 2024 Q4 2024: $150.3B Q4 2024 Q1 2025: $141.6B Q1 2025 Q2 2025: $166.9B Q2 2025 Q3 2025: $172.4B Q3 2025 Q4 2025: $168.0B Q4 2025 Q1 2026: $173.8B Q1 2026 Q2 2026: $191.4B Q2 2026

Holdings 2,465 stocks · $154.0B

AAPL Apple Inc. 6.54% 43,239,168 $10.1B Reduce -0.5%
MSFT Microsoft Corp. 5.86% 20,957,770 $9.0B Add +0.3%
NVDA Nvidia Corp. 5.76% 73,018,200 $8.9B Reduce -1.4%
AMZN Amazon.com Inc. 3.36% 27,800,300 $5.2B Add +0.3%
META Meta Platforms Inc. Class A 2.42% 6,504,600 $3.7B Add +0.3%
GOOGL Alphabet Inc. Class A 1.88% 17,435,400 $2.9B Reduce -0.1%
GOOG Alphabet Inc. Class C 1.63% 15,005,200 $2.5B Reduce -0.7%
AVGO Broadcom Inc. 1.47% 13,125,930 $2.3B Add +0.7%
TSLA Tesla Inc. 1.45% 8,519,675 $2.2B Add +0.4%
LLY Eli Lilly & Co. 1.38% 2,397,890 $2.1B Add +0.2%
BRK.B Berkshire Hathaway Inc. Class B 1.18% 3,931,105 $1.8B Add +1.3%
UNH Unitedhealth Group Inc. 1.04% 2,731,961 $1.6B Add +0.1%
XOM Exxon Mobil Corp. 1.01% 13,315,218 $1.6B Add +0.3%
V Visa Inc. Class A 0.83% 4,672,400 $1.3B Reduce -0.2%
MA Mastercard Inc. Class A 0.79% 2,464,300 $1.2B Reduce -0.1%
PG The Procter & Gamble Co. 0.79% 7,005,790 $1.2B Add +0.6%
HD Home Depot Inc. 0.77% 2,943,400 $1.2B Add +0.3%
COST Costco Wholesale Corp. 0.76% 1,315,900 $1.2B Add +0.2%
JNJ Johnson & Johnson 0.75% 7,143,707 $1.2B Add +0.1%
WMT Walmart Inc. 0.69% 13,131,200 $1.1B Add +0.1%
ABBV Abbvie Inc. 0.67% 5,240,910 $1.0B Reduce -0.0%
NFLX Netflix Inc. 0.59% 1,279,000 $907.2M Reduce -0.2%
KO The Coca-Cola Co. 0.57% 12,147,700 $872.9M Add +0.2%
MRK Merck & Co. Inc. 0.55% 7,517,951 $853.7M Add +0.3%
ORCL Oracle Corp. 0.54% 4,913,300 $837.2M Add +0.6%
CRM Salesforce Inc. 0.51% 2,876,177 $787.2M Add +0.1%
AMD Advanced Micro Devices 0.51% 4,797,575 $787.2M Add +0.3%
CVX Chevron Corp. 0.50% 5,196,735 $765.3M Add +0.0%
TMO Thermo Fisher Scientific Inc. 0.46% 1,133,000 $700.8M Add +0.3%
PEP Pepsico Inc. 0.45% 4,077,100 $693.3M Add +0.2%
ADBE Adobe Inc. 0.44% 1,316,100 $681.5M Reduce -0.8%
LIN Linde PLC 0.44% 1,426,601 $680.3M Reduce -0.0%
ACN Accenture PLC Class A 0.43% 1,859,200 $657.2M Reduce -0.1%
MCD McDonald's Corp. 0.42% 2,139,100 $651.4M Add +0.2%
CSCO Cisco Systems Inc. 0.41% 11,958,400 $636.4M Reduce -0.3%
GE General Electric filed as GE AEROSPACE 0.40% 3,249,062 $612.7M Add +0.4%
IBM Intl Business Machines Corp. filed as INTERNATIONAL BUSINESS MACHS 0.39% 2,726,700 $602.8M Add +0.5%
ABT Abbott Laboratories 0.38% 5,163,580 $588.7M Add +0.5%
CAT Caterpillar Inc. 0.37% 1,451,600 $567.7M Reduce -1.8%
QCOM Qualcomm Inc. 0.37% 3,312,400 $563.3M Add +0.3%
VZ Verizon Communications Inc. 0.36% 12,493,998 $561.1M Add +0.4%
PM Philip Morris International 0.36% 4,614,200 $560.2M Add +0.4%
TXN Texas Instruments Inc. 0.36% 2,702,500 $558.3M Add +0.3%
DHR Danaher Corp. 0.36% 1,978,608 $550.1M Reduce -5.0%
NOW ServiceNow Inc. 0.35% 608,500 $544.2M Add +0.3%
DIS The Walt Disney Co. filed as DISNEY WALT CO 0.34% 5,411,125 $520.5M Reduce -0.4%
ISRG Intuitive Surgical Inc. 0.34% 1,052,800 $517.2M Add +0.3%
NEE Nextera Energy Inc. 0.33% 6,098,200 $515.5M Add +0.3%
INTU Intuit Inc. 0.33% 829,700 $515.2M Add +0.1%
AMGN Amgen Inc. 0.33% 1,592,233 $513.0M Add +0.3%
AMAT Applied Materials Inc. 0.32% 2,457,600 $496.6M Reduce -0.1%
PFE Pfizer Inc. 0.32% 16,819,712 $486.8M Add +0.6%
CMCSA Comcast Corp. Class A 0.32% 11,618,200 $485.3M Reduce -1.0%
RTX RTX Corp. 0.31% 3,946,281 $478.1M Add +0.2%
T AT&T Inc. 0.30% 21,282,584 $468.2M Add +0.5%
AXP American Express Co. 0.30% 1,708,579 $463.4M Add +0.2%
LOW Lowe's Cos Inc. 0.30% 1,691,300 $458.1M Reduce -0.2%
UNP Union Pacific Corp. 0.29% 1,811,000 $446.4M Add +0.3%
PGR Progressive Corp. 0.29% 1,738,400 $441.1M Add +0.3%
BKNG Booking Holdings Inc. 0.28% 100,784 $424.5M Reduce -0.3%
UBER Uber Technologies Inc. 0.27% 5,581,800 $419.5M Add +0.6%
HON Honeywell International Inc. 0.26% 1,932,800 $399.5M Add +0.1%
TJX TJX Companies Inc. filed as TJX COS INC NEW 0.26% 3,353,500 $394.2M Reduce -0.0%
ETN Eaton Corp. PLC 0.26% 1,186,700 $393.3M Add +0.2%
SYK Stryker Corp. 0.24% 1,017,600 $367.6M Add +0.4%
BSX Boston Scientific Corp. 0.24% 4,363,600 $365.7M Add +0.3%
COP Conocophillips 0.24% 3,455,915 $363.8M Reduce -0.8%
ELV Elevance Health Inc. 0.23% 689,800 $358.7M Add +0.1%
VRTX Vertex Pharmaceuticals Inc. 0.23% 766,000 $356.3M Add +0.2%
PLD Prologis Inc. 0.23% 2,748,208 $347.0M Add +0.3%
MDT Medtronic PLC 0.22% 3,806,066 $342.7M Reduce -3.2%
MU Micron Technology Inc. 0.22% 3,291,300 $341.3M Add +0.4%
ADI Analog Devices Inc. 0.22% 1,472,875 $339.0M Add +0.3%
REGN Regeneron Pharmaceuticals 0.22% 321,600 $338.1M Add +0.6%
ADP Automatic Data Processing 0.22% 1,214,800 $336.2M Reduce -0.1%
CB Chubb Ltd. 0.21% 1,144,991 $330.2M Reduce -4.8%
PANW Palo Alto Networks Inc. 0.21% 961,000 $328.5M Add +0.5%
SBUX Starbucks Corp. 0.21% 3,362,100 $327.8M Add +0.3%
MRSH Marsh & McLennan Cos 0.21% 1,464,900 $326.8M Add +0.6%
DE Deere & Co. 0.21% 777,000 $324.3M Reduce -0.8%
TMUS T-Mobile US Inc. 0.21% 1,569,502 $323.9M Reduce -0.7%
AMT American Tower Corp. 0.21% 1,386,000 $322.3M Add +0.3%
NKE Nike Inc. Class B 0.21% 3,595,800 $317.9M Add +0.3%
LRCX Lam Research Corp. 0.21% 388,100 $316.7M Reduce -0.0%
FISV Fiserv Inc. 0.20% 1,736,686 $312.0M Reduce -0.7%
BMY Bristol-Myers Squibb Co. 0.20% 6,016,700 $311.3M Add +0.3%
GILD Gilead Sciences Inc. 0.20% 3,697,900 $310.0M Add +0.2%
KLAC KLA Corp. 0.20% 399,600 $309.5M Reduce -0.2%
ANET Arista Networks Inc. 0.20% 790,600 $303.4M Add +0.5%
INTC Intel Corp. 0.19% 12,635,400 $296.4M Add +0.3%
UPS United Parcel Service Class B 0.19% 2,165,000 $295.2M Add +0.5%
SHOP Shopify Inc. Class A 0.19% 3,657,800 $293.5M Add +0.9%
MDLZ Mondelez International Inc. Class A 0.19% 3,981,424 $293.3M Reduce -0.1%
SO The Southern Co. 0.19% 3,245,500 $292.7M Add +0.5%
CI The Cigna Group 0.19% 843,101 $292.1M Add +0.4%
MELI MercadoLibre Inc. 0.18% 135,400 $277.8M Add +0.2%
SHW The Sherwin-Williams Co. 0.18% 714,900 $272.9M Add +0.0%
ENB Enbridge Inc. 0.17% 6,585,231 $267.9M Add +3.3%
ZTS Zoetis Inc. 0.17% 1,354,332 $264.6M Reduce -0.1%
DUK Duke Energy Corp. 0.17% 2,290,641 $264.1M Add +0.3%

Show all 2,465 holdings

Portfolio Sells Q2 2024 → Q3 2024

NVDA Nvidia Corp. Reduce -1.4% 5.76% −0.52
GOOGL Alphabet Inc. Class A Reduce -0.1% 1.88% −0.31
GOOG Alphabet Inc. Class C Reduce -0.7% 1.63% −0.28
LRCX Lam Research Corp. Reduce -0.0% 0.21% −0.08
AMAT Applied Materials Inc. Reduce -0.1% 0.32% −0.08
ADBE Adobe Inc. Reduce -0.8% 0.44% −0.06
COP Conocophillips Reduce -0.8% 0.24% −0.04
STLA Stellantis NV Reduce -4.0% 0.06% −0.03
MCK McKesson Corp. Reduce -1.0% 0.12% −0.03
DIS The Walt Disney Co. Reduce -0.4% 0.34% −0.03
WRK Westrock Co. Sold out 0.00% −0.03
KLAC KLA Corp. Reduce -0.2% 0.20% −0.03
CMG Chipotle Mexican Grill Inc. Reduce -0.3% 0.15% −0.02
FDX FedEx Corp. Reduce -0.6% 0.12% −0.02
VLO Valero Energy Corp. Reduce -0.5% 0.09% −0.02
MCHP Microchip Technology Inc. Reduce -0.5% 0.08% −0.02
DLTR Dollar Tree Inc. Reduce -1.1% 0.03% −0.02
MPC Marathon Petroleum Corp. Reduce -2.0% 0.11% −0.02
PSX Phillips 66 Reduce -0.7% 0.11% −0.02
DVN Devon Energy Corp. Reduce -0.9% 0.05% −0.01
SNAP Snap Inc. Class A Reduce -0.1% 0.02% −0.01
EOG EOG Resources Inc. Reduce -0.7% 0.14% −0.01
HAL Halliburton Co. Reduce -0.3% 0.05% −0.01
GM General Motors Co. Reduce -1.0% 0.10% −0.01
LULU Lululemon Athletica Inc. Reduce -0.6% 0.06% −0.01
V Visa Inc. Class A Reduce -0.2% 0.83% −0.01
CNI Canadian Natl Railway Co. Reduce -0.5% 0.12% −0.01
SU Suncor Energy Inc. Reduce -0.1% 0.09% −0.01
AIG American International Group Reduce -1.3% 0.09% −0.01
ZTO Zto Express Cayman Inc.-ADR Reduce -63.4% 0.01% −0.01
NUE Nucor Corp. Reduce -0.1% 0.07% −0.01
CLF Cleveland-Cliffs Inc. Reduce -36.7% 0.01% −0.01
ETRN Equitrans Midstream Corp. Sold out 0.00% −0.01
LSCC Lattice Semiconductor Corp. Reduce -33.9% 0.01% −0.01
WST West Pharmaceutical Services Reduce -0.1% 0.04% −0.01
CTRA Coterra Energy Inc. Reduce -0.7% 0.03% −0.01
CFLT Confluent Inc. Class A Reduce -23.9% 0.01% −0.01
ETSY Etsy Inc. Reduce -34.9% 0.01% −0.01
CZR Caesars Entertainment Inc. Reduce -33.6% 0.01% −0.01
OVV Ovintiv Inc. Reduce -0.5% 0.02% −0.01
TEL Te Connectivity PLC Reduce -0.8% 0.09% −0.01
NFLX Netflix Inc. Reduce -0.2% 0.59% −0.01
ROK Rockwell Automation Inc. Reduce -0.3% 0.06% −0.01
NTAP Netapp Inc. Reduce -0.0% 0.05% −0.01
ADM Archer-Daniels-Midland Co. Reduce -1.2% 0.06% −0.00
BG Bunge Global SA Reduce -1.0% 0.03% −0.00
MRO Marathon Oil Corp. Reduce -2.0% 0.03% −0.00
MAR Marriott International Class A Reduce -1.1% 0.12% −0.00
STZ Constellation Brands Inc. Class A Reduce -0.0% 0.08% −0.00
NIO Nio Inc. - ADR Reduce -67.4% 0.00% −0.00

Portfolio Buys Q2 2024 → Q3 2024

TSLA Tesla Inc. Add +0.4% 1.45% +0.29
META Meta Platforms Inc. Class A Add +0.3% 2.42% +0.17
BRK.B Berkshire Hathaway Inc. Class B Add +1.3% 1.18% +0.09
UNH Unitedhealth Group Inc. Add +0.1% 1.04% +0.08
HD Home Depot Inc. Add +0.3% 0.77% +0.08
WMT Walmart Inc. Add +0.1% 0.69% +0.08
ORCL Oracle Corp. Add +0.6% 0.54% +0.07
IBM Intl Business Machines Corp. Add +0.5% 0.39% +0.07
NU Nu Holdings Ltd./Cayman Isl-A New 0.06% +0.06
SW Smurfit Westrock PLC New 0.05% +0.05
MCD McDonald's Corp. Add +0.2% 0.42% +0.05
PLTR Palantir Technologies Inc. Class A Add +6.8% 0.15% +0.05
GE General Electric Add +0.4% 0.40% +0.04
PM Philip Morris International Add +0.4% 0.36% +0.04
GEV GE Vernova Inc. Add +0.3% 0.13% +0.04
NEE Nextera Energy Inc. Add +0.3% 0.33% +0.04
PGR Progressive Corp. Add +0.3% 0.29% +0.04
RTX RTX Corp. Add +0.2% 0.31% +0.04
KO The Coca-Cola Co. Add +0.2% 0.57% +0.04
JNJ Johnson & Johnson Add +0.1% 0.75% +0.04
SBUX Starbucks Corp. Add +0.3% 0.21% +0.03
AVGO Broadcom Inc. Add +0.7% 1.47% +0.03
BMY Bristol-Myers Squibb Co. Add +0.3% 0.20% +0.03
SHW The Sherwin-Williams Co. Add +0.0% 0.18% +0.03
MMM 3M Co. Add +0.2% 0.15% +0.03
AXP American Express Co. Add +0.2% 0.30% +0.03
CEG Constellation Energy Add +0.3% 0.16% +0.03
MELI MercadoLibre Inc. Add +0.2% 0.18% +0.03
GILD Gilead Sciences Inc. Add +0.2% 0.20% +0.03
WELL Welltower Inc. Add +5.4% 0.15% +0.03
SHOP Shopify Inc. Class A Add +0.9% 0.19% +0.03
T AT&T Inc. Add +0.5% 0.30% +0.03
TMO Thermo Fisher Scientific Inc. Add +0.3% 0.46% +0.03
NOW ServiceNow Inc. Add +0.3% 0.35% +0.03
AMT American Tower Corp. Add +0.3% 0.21% +0.02
PH Parker Hannifin Corp. Add +0.3% 0.16% +0.02
CARR Carrier Global Corp. Add +0.3% 0.13% +0.02
DASH DoorDash Inc. Class A Add +8.3% 0.08% +0.02
APP AppLovin Corp. Class A Add +13.9% 0.05% +0.02
NKE Nike Inc. Class B Add +0.3% 0.21% +0.02
NEM Newmont Corp. Add +0.3% 0.12% +0.02
VST Vistra Corp. Add +0.1% 0.08% +0.02
PSA Public Storage Add +0.3% 0.11% +0.02
NOC Northrop Grumman Corp. Add +0.1% 0.14% +0.02
CBRE CBRE Group Inc. Class A Add +0.6% 0.07% +0.02
ENB Enbridge Inc. Add +3.3% 0.17% +0.02
SO The Southern Co. Add +0.5% 0.19% +0.02
FTNT Fortinet Inc. Add +0.4% 0.10% +0.02
EQIX Equinix Inc. Add +0.3% 0.16% +0.02
TRP TC Energy Corp. Add +0.8% 0.10% +0.02

All Filings

QuarterPositions13F Reported ValueTop Holdings
Q2 2026 2,301$191.4BNVDA, AAPL, MSFT, AMZN, GOOGL
Q1 2026 2,301$173.8BNVDA, AAPL, MSFT, AMZN, GOOGL
Q4 2025 2,311$168.0BNVDA, AAPL, MSFT, AMZN, GOOGL
Q3 2025 2,315$172.4BNVDA, AAPL, MSFT, AMZN, META
Q2 2025 2,332$166.9BNVDA, MSFT, AAPL, AMZN, META
Q1 2025 2,397$141.6BAAPL, NVDA, MSFT, AMZN, META
Q4 2024 2,440$150.3BAAPL, NVDA, MSFT, AMZN, META
Q3 2024 2,465$154.0BAAPL, MSFT, NVDA, AMZN, META
Q2 2024 2,458$145.5BMSFT, AAPL, NVDA, AMZN, META
Q1 2024 2,505$142.7BMSFT, AAPL, NVDA, AMZN, META