Swiss National Bank
Comparing Q4 2025 vs Q3 2025
Sorting applies to all holdings for this quarter on the server, then the page is sliced. Prior-quarter values come from the full prior-quarter filing.
Issuer ▲▼ | Shares | Value ($K) | ||||
|---|---|---|---|---|---|---|
Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | Q3 2025 ▲▼ | Q4 2025 ▲▼ | Change ▲▼ | |
| ALPHABET INC | 16,776,600 | 15,940,400 | -836,200 | 4,078,391,460 | 4,989,345,200 | +910,953,740 |
| ALPHABET INC | 14,162,400 | 13,391,800 | -770,600 | 3,449,252,520 | 4,202,346,840 | +753,094,320 |
| ELI LILLY & CO | 2,322,190 | 2,204,510 | -117,680 | 1,771,830,970 | 2,369,142,807 | +597,311,837 |
| MICRON TECHNOLOGY INC | 3,225,900 | 3,075,900 | -150,000 | 539,757,588 | 877,892,619 | +338,135,031 |
| BARRICK MNG CORP | 0 | 4,513,129 | +4,513,129 | 0 | 196,999,440 | +196,999,440 |
| ADVANCED MICRO DEVICES INC | 4,673,875 | 4,446,975 | -226,900 | 756,186,236 | 952,364,166 | +196,177,930 |
| MERCK & CO INC | 7,238,251 | 6,843,451 | -394,800 | 607,506,406 | 720,341,652 | +112,835,246 |
| LAM RESEARCH CORP | 3,687,200 | 3,455,600 | -231,600 | 493,716,080 | 591,529,608 | +97,813,528 |
| INTUITIVE SURGICAL INC | 1,033,200 | 982,400 | -50,800 | 462,078,036 | 556,392,064 | +94,314,028 |
| APPLE INC | 43,054,168 | 40,667,068 | -2,387,100 | 10,962,882,798 | 11,055,749,106 | +92,866,308 |
| CATERPILLAR INC | 1,355,800 | 1,283,780 | -72,020 | 646,919,970 | 735,439,049 | +88,519,079 |
| APPLIED MATLS INC | 2,313,300 | 2,183,000 | -130,300 | 473,625,042 | 561,009,170 | +87,384,128 |
| JOHNSON & JOHNSON | 6,935,707 | 6,599,607 | -336,100 | 1,286,018,792 | 1,365,788,669 | +79,769,877 |
| AMRIZE LTD | 0 | 1,364,074 | +1,364,074 | 0 | 73,769,122 | +73,769,122 |
| THERMO FISHER SCIENTIFIC INC | 1,088,200 | 1,034,800 | -53,400 | 527,798,764 | 599,614,860 | +71,816,096 |
| WARNER BROS DISCOVERY INC | 0 | 6,445,227 | +6,445,227 | 0 | 185,751,442 | +185,751,442 |
| CIENA CORP | 274,000 | 386,432 | +112,432 | 39,913,580 | 90,374,852 | +50,461,272 |
| CISCO SYS INC | 11,467,800 | 10,832,800 | -635,000 | 784,626,876 | 834,450,584 | +49,823,708 |
| ROCKET COS INC | 0 | 2,515,500 | +2,515,500 | 0 | 48,700,080 | +48,700,080 |
| NEBIUS GROUP N.V. | 0 | 579,090 | +579,090 | 0 | 48,472,728 | +48,472,728 |
| REGENERON PHARMACEUTICALS | 306,000 | 285,460 | -20,540 | 172,054,620 | 220,338,010 | +48,283,390 |
| INSMED INC | 371,300 | 579,112 | +207,812 | 53,470,913 | 100,788,652 | +47,317,739 |
| QNITY ELECTRONICS INC | 0 | 573,486 | +573,486 | 0 | 46,825,132 | +46,825,132 |
| AMGEN INC | 1,549,933 | 1,475,273 | -74,660 | 437,391,093 | 482,871,606 | +45,480,513 |
| GENERAL MTRS CO | 2,771,400 | 2,609,100 | -162,300 | 168,972,258 | 212,172,012 | +43,199,754 |
| WESTERN DIGITAL CORP | 0 | 950,807 | +950,807 | 0 | 163,795,522 | +163,795,522 |
| SALESFORCE INC | 2,755,777 | 2,608,877 | -146,900 | 653,119,149 | 691,117,606 | +37,998,457 |
| BRISTOL-MYERS SQUIBB CO | 5,866,300 | 5,577,700 | -288,600 | 264,570,130 | 300,861,138 | +36,291,008 |
| DANAHER CORPORATION | 1,856,708 | 1,766,008 | -90,700 | 368,110,928 | 404,274,551 | +36,163,623 |
| SANDISK CORP | 267,602 | 277,202 | +9,600 | 30,024,944 | 65,802,211 | +35,777,267 |
| INTEL CORP | 12,573,800 | 12,384,400 | -189,400 | 421,850,990 | 456,984,360 | +35,133,370 |
| WALMART INC | 0 | 12,016,400 | +12,016,400 | 0 | 1,338,747,124 | +1,338,747,124 |
| COREWEAVE INC | 0 | 471,468 | +471,468 | 0 | 33,761,823 | +33,761,823 |
| COMFORT SYS USA INC | 68,900 | 96,680 | +27,780 | 56,854,902 | 90,230,477 | +33,375,575 |
| TEVA PHARMACEUTICAL INDS LTD | 3,428,500 | 3,286,200 | -142,300 | 69,255,700 | 102,562,302 | +33,306,602 |
| NEWMONT CORP | 3,173,505 | 3,010,105 | -163,400 | 267,558,207 | 300,558,984 | +33,000,777 |
| CAPITAL ONE FINL CORP | 1,845,316 | 1,752,516 | -92,800 | 392,277,275 | 424,739,778 | +32,462,503 |
| LUMENTUM HLDGS INC | 134,615 | 141,315 | +6,700 | 21,903,207 | 52,087,296 | +30,184,089 |
| VERTEX PHARMACEUTICALS INC | 0 | 702,600 | +702,600 | 0 | 318,530,736 | +318,530,736 |
| RTX CORPORATION | 3,850,981 | 3,668,081 | -182,900 | 644,384,651 | 672,726,055 | +28,341,404 |
| KLA CORP | 381,200 | 361,600 | -19,600 | 411,162,320 | 439,372,928 | +28,210,608 |
| AMERICAN EXPRESS CO | 1,615,579 | 1,525,539 | -90,040 | 536,630,721 | 564,373,153 | +27,742,432 |
| CARDINAL HEALTH INC | 688,000 | 650,400 | -37,600 | 107,988,480 | 133,657,200 | +25,668,720 |
| PARKER-HANNIFIN CORP | 368,300 | 346,740 | -21,560 | 279,226,645 | 304,770,590 | +25,543,945 |
| OMNICOM GROUP INC | 558,400 | 876,471 | +318,071 | 45,526,352 | 70,775,033 | +25,248,681 |
| CUMMINS INC | 397,078 | 377,558 | -19,520 | 167,713,835 | 192,724,481 | +25,010,646 |
| COHERENT CORP | 301,266 | 310,366 | +9,100 | 32,452,374 | 57,284,253 | +24,831,879 |
| ROCKET LAB CORP | 1,243,630 | 1,198,230 | -45,400 | 59,582,313 | 83,588,525 | +24,006,212 |
| AMAZON COM INC | 27,542,600 | 26,302,400 | -1,240,200 | 6,047,528,682 | 6,071,119,968 | +23,591,286 |
| UNITED PARCEL SERVICE INC | 0 | 2,017,100 | +2,017,100 | 0 | 200,076,149 | +200,076,149 |
| FEDEX CORP | 656,100 | 614,200 | -41,900 | 154,714,941 | 177,417,812 | +22,702,871 |
| NATERA INC | 373,900 | 357,200 | -16,700 | 60,186,683 | 81,830,948 | +21,644,265 |
| FACTSET RESH SYS INC | 0 | 74,520 | +74,520 | 0 | 21,624,959 | +21,624,959 |
| MAGNUM ICE CREAM CO NV | 0 | 1,341,468 | +1,341,468 | 0 | 21,425,347 | +21,425,347 |
| MARRIOTT INTL INC NEW | 671,038 | 632,318 | -38,720 | 174,765,137 | 196,170,336 | +21,405,199 |
| ECHOSTAR CORP | 272,225 | 385,767 | +113,542 | 20,787,101 | 41,932,873 | +21,145,772 |
| TERADYNE INC | 462,600 | 435,900 | -26,700 | 63,672,264 | 84,372,804 | +20,700,540 |
| AMPHENOL CORP NEW | 3,486,800 | 3,345,700 | -141,100 | 431,491,500 | 452,137,898 | +20,646,398 |
| MONGODB INC | 235,500 | 222,720 | -12,780 | 73,094,490 | 93,473,357 | +20,378,867 |
| FLEX LTD | 722,614 | 1,024,750 | +302,136 | 41,889,934 | 61,915,395 | +20,025,461 |
| CARVANA CO | 350,300 | 359,460 | +9,160 | 132,147,172 | 151,699,309 | +19,552,137 |
| GILEAD SCIENCES INC | 3,585,600 | 3,400,200 | -185,400 | 398,001,600 | 417,340,548 | +19,338,948 |
| PROLOGIS INC. | 2,674,808 | 2,544,808 | -130,000 | 306,319,012 | 324,870,189 | +18,551,177 |
| EXACT SCIENCES CORP | 365,780 | 373,180 | +7,400 | 20,011,824 | 37,900,161 | +17,888,337 |
| CREDO TECHNOLOGY GROUP HOLDI | 301,916 | 426,597 | +124,681 | 43,961,989 | 61,383,042 | +17,421,053 |
| ROSS STORES INC | 942,800 | 891,500 | -51,300 | 143,673,292 | 160,594,810 | +16,921,518 |
| EXPEDIA GROUP INC | 350,491 | 323,791 | -26,700 | 74,917,451 | 91,733,228 | +16,815,777 |
| BLOOM ENERGY CORP | 427,800 | 609,200 | +181,400 | 36,179,046 | 52,933,388 | +16,754,342 |
| SEAGATE TECHNOLOGY HLDNGS PL | 611,700 | 583,500 | -28,200 | 144,397,902 | 160,690,065 | +16,292,163 |
| ARROWHEAD PHARMACEUTICALS IN | 0 | 245,400 | +245,400 | 0 | 16,292,106 | +16,292,106 |
| ROIVANT SCIENCES LTD | 0 | 740,646 | +740,646 | 0 | 16,072,018 | +16,072,018 |
| COGNIZANT TECHNOLOGY SOLUTIO | 1,421,000 | 1,338,300 | -82,700 | 95,306,470 | 111,078,900 | +15,772,430 |
| TWILIO INC | 0 | 420,400 | +420,400 | 0 | 59,797,696 | +59,797,696 |
| AVIDITY BIOSCIENCES INC | 0 | 215,800 | +215,800 | 0 | 15,565,654 | +15,565,654 |
| ANGLOGOLD ASHANTI PLC | 1,135,311 | 1,101,344 | -33,967 | 79,700,456 | 95,159,473 | +15,459,017 |
| SOLSTICE ADVANCED MATLS INC | 0 | 316,800 | +316,800 | 0 | 15,390,144 | +15,390,144 |
| DOLLAR GEN CORP NEW | 634,300 | 603,200 | -31,100 | 65,554,905 | 80,086,864 | +14,531,959 |
| ALBEMARLE CORP | 228,106 | 232,106 | +4,000 | 18,494,834 | 32,829,073 | +14,334,239 |
| ANALOG DEVICES INC | 1,430,475 | 1,348,075 | -82,400 | 351,467,708 | 365,597,940 | +14,130,232 |
| CHUBB LIMITED | 1,097,391 | 1,037,511 | -59,880 | 309,738,610 | 323,827,933 | +14,089,323 |
| CLEARWATER ANALYTICS HLDGS I | 0 | 567,696 | +567,696 | 0 | 13,692,828 | +13,692,828 |
| ACCENTURE PLC IRELAND | 1,795,500 | 1,699,200 | -96,300 | 442,770,300 | 455,895,360 | +13,125,060 |
| GLAUKOS CORP | 0 | 113,100 | +113,100 | 0 | 12,770,121 | +12,770,121 |
| AXSOME THERAPEUTICS INC | 0 | 68,900 | +68,900 | 0 | 12,583,896 | +12,583,896 |
| NUCOR CORP | 665,200 | 628,800 | -36,400 | 90,088,036 | 102,563,568 | +12,475,532 |
| AST SPACEMOBILE INC | 385,000 | 429,200 | +44,200 | 18,895,800 | 31,172,796 | +12,276,996 |
| JFROG LTD | 0 | 195,600 | +195,600 | 0 | 12,217,176 | +12,217,176 |
| APPLIED DIGITAL CORP | 0 | 496,400 | +496,400 | 0 | 12,171,728 | +12,171,728 |
| MONSTER BEVERAGE CORP NEW | 2,108,400 | 2,006,800 | -101,600 | 141,916,404 | 153,861,356 | +11,944,952 |
| PRAXIS PRECISION MEDICINES I | 0 | 40,500 | +40,500 | 0 | 11,936,970 | +11,936,970 |
| ILLUMINA INC | 456,300 | 421,100 | -35,200 | 43,334,811 | 55,231,476 | +11,896,665 |
| ENLIGHT RENEWABLE ENERGY LTD | 0 | 260,947 | +260,947 | 0 | 11,866,815 | +11,866,815 |
| V F CORP | 0 | 654,700 | +654,700 | 0 | 11,836,976 | +11,836,976 |
| UL SOLUTIONS INC | 0 | 148,300 | +148,300 | 0 | 11,694,938 | +11,694,938 |
| ABERCROMBIE & FITCH CO | 0 | 92,800 | +92,800 | 0 | 11,680,736 | +11,680,736 |
| BIOGEN INC | 422,400 | 401,800 | -20,600 | 59,169,792 | 70,712,782 | +11,542,990 |
| DOLLAR TREE INC | 571,581 | 530,981 | -40,600 | 53,940,099 | 65,315,973 | +11,375,874 |
| ROYAL GOLD INC | 127,600 | 166,041 | +38,441 | 25,594,008 | 36,909,254 | +11,315,246 |
| HUNT J B TRANS SVCS INC | 223,200 | 212,300 | -10,900 | 29,946,744 | 41,258,382 | +11,311,638 |
| HECLA MNG CO | 1,165,362 | 1,320,962 | +155,600 | 14,100,880 | 25,349,261 | +11,248,381 |