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
1 · Sector
Weight and 12M allocation change
2 · Industry
Inside Information Technology
Technology Hardware, Storage & Peripherals8.50%-1.23 ppSystems Software6.80%-1.15 ppSemiconductors3.32%-0.48 ppApplication Software3.00%-0.30 ppIT Consulting & Other Services1.21%-0.11 ppCommunications Equipment0.92%-0.09 ppSemiconductor Materials & Equipment0.44%-0.08 ppInternet Services & Infrastructure0.11%-0.03 ppElectronic Equipment & Instruments0.39%-0.02 ppElectronic Manufacturing Services0.14%-0.02 ppElectronic Components0.14%-0.02 ppTechnology Distributors0.10%+0.02 pp
3 · Sub-industry
Inside Application Software
Application Software · weight
3.00%
Industry change · 12M
-0.30 pp
Application Software · contribution
-0.300 pp
Company participation
50%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 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 |
|---|---|---|---|---|---|---|---|
| Adobe Inc. → ADBE | United States | $148.3bn | 0.521% | -0.023 pp | -0.244 pp | -30.7% | No |
| Salesforce → CRM | United States | $163.6bn | 0.575% | +0.031 pp | -0.144 pp | -22.3% | Yes |
| Oracle Corporation → ORCL | United States | $235.7bn | 0.828% | +0.069 pp | +0.125 pp | +17.0% | Yes |
| Intuit → INTU | United States | $114.2bn | 0.402% | +0.013 pp | -0.064 pp | -13.6% | No |
| Cadence Design Systems → CDNS | United States | $52.7bn | 0.185% | +0.025 pp | +0.039 pp | +27.4% | Yes |
| Synopsys → SNPS | United States | $55.4bn | 0.195% | +0.019 pp | +0.029 pp | +16.4% | Yes |
| Autodesk → ADSK | United States | $42.9bn | 0.151% | +0.003 pp | -0.017 pp | -9.8% | No |
| Trimble Inc. → TRMB | United States | $12.9bn | 0.045% | -0.005 pp | -0.016 pp | -25.4% | No |
| Tyler Technologies → TYL | United States | $13.4bn | 0.047% | -0.001 pp | -0.014 pp | -25.0% | No |
| PTC Inc. → PTC | United States | $14.8bn | 0.052% | +0.001 pp | +0.007 pp | +12.6% | Yes |
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.