Observatory · observe first

Follow the allocation change

Matched S&P 500 members → sector → industry → sub-industry → company. Each step uses the same percentage points.

Historical time machine

Historical observation

20182026

Universe›Industrials›Trading Companies & Distributors›Trading Companies & Distributors

1 · Sector

Weight and 12M allocation change

Consumer Discretionary11.2%+3.78 pp Energy3.9%+1.03 pp Health Care16.9%+0.53 pp Utilities3.4%+0.25 pp Industrials10.1%+0.16 pp Real Estate3.3%+0.09 pp Materials3.3%+0.07 pp Consumer Staples7.4%+0.03 pp Communication Services3.4%-0.27 pp Financials12.7%-1.04 pp Information Technology24.5%-4.63 pp

2 · Industry

Inside Industrials

Aerospace & Defense2.45%+0.26 pp Rail Transportation0.85%-0.16 pp Construction Machinery & Heavy Transportation Equipment0.72%+0.12 pp Industrial Conglomerates0.81%-0.09 pp Air Freight & Logistics0.69%-0.09 pp Agricultural & Farm Machinery0.43%+0.04 pp Diversified Support Services0.14%+0.04 pp Heavy Electrical Equipment0.03%-0.03 pp Human Resource & Employment Services0.46%+0.03 pp Building Products0.53%-0.03 pp Construction & Engineering0.12%+0.02 pp Trading Companies & Distributors0.15%+0.02 pp Industrial Machinery & Supplies & Components1.12%+0.02 pp Environmental & Facilities Services0.41%+0.01 pp Research & Consulting Services0.19%-0.01 pp Electrical Components & Equipment0.63%+0.01 pp Passenger Airlines0.21%-0.01 pp Cargo Ground Transportation0.13%+0.00 pp Data Processing & Outsourced Services0.06%-0.00 pp Passenger Ground Transportation0.00%+0.00 pp

3 · Sub-industry

Inside Trading Companies & Distributors

Trading Companies & Distributors0.15%+0.021 pp

Concentrated

Most of this industry's gains came from a few companies.

View all contributions →

Trading Companies & Distributors · weight

0.15%

Industry change · 12M

+0.02 pp

Trading Companies & Distributors · contribution

+0.021 pp

Company participation

50%

of industry constituents above their 6M weight average

4 · Companies driving this sub-industry

Jan 2023 · sorted by absolute contribution to 12-month change

Company	Country	Market cap	Universe weight	3M contribution	12M contribution	12M price return	Above 6M weight average
United Rentals → URI	United States	$30.6bn	0.105%	+0.027 pp	+0.027 pp	+37.7%	Yes
Fastenal → FAST	United States	$14.5bn	0.050%	+0.000 pp	-0.005 pp	-8.7%	No

Company contributions use weights among matched S&P 500 members and add through each level without rescaling. Companies without matched shares and prices are omitted. These observations do not establish official index weights or actual fund flows.