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 Financials
Transaction & Payment Processing Services0.80%-0.38 ppAsset Management & Custody Banks1.31%+0.28 ppInvestment Banking & Brokerage1.38%+0.27 ppDiversified Banks3.74%+0.23 ppProperty & Casualty Insurance0.90%-0.22 ppFinancial Exchanges & Data0.89%-0.18 ppInsurance Brokers0.55%-0.17 ppConsumer Finance0.81%+0.17 ppLife & Health Insurance0.34%-0.09 ppRegional Banks0.28%-0.06 ppMulti-line Insurance0.15%-0.03 ppReinsurance0.03%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Asset Management & Custody Banks
Asset Management & Custody Banks · weight
1.31%
Industry change · 12M
+0.28 pp
Asset Management & Custody Banks · contribution
+0.282 pp
Company participation
9%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Oct 2025 · 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 |
|---|---|---|---|---|---|---|---|
| BlackRock → BLK | United States | $167.8bn | 0.329% | -0.033 pp | +0.329 pp | +12.6% | No |
| Apollo Global Management → APO | United States | $71.1bn | 0.139% | -0.036 pp | +0.139 pp | -12.1% | No |
| KKR & Co. → KKR | United States | $105.4bn | 0.207% | -0.069 pp | -0.082 pp | -13.9% | No |
| Blackstone Inc. → BX | United States | $108.1bn | 0.212% | -0.054 pp | -0.072 pp | -10.7% | No |
| Ameriprise Financial → AMP | United States | $42.1bn | 0.082% | -0.022 pp | -0.035 pp | -10.2% | No |
| BNY Mellon → BNY | United States | $75.3bn | 0.147% | -0.006 pp | +0.017 pp | +46.4% | No |
| T. Rowe Price → TROW | United States | $22.4bn | 0.044% | -0.003 pp | -0.014 pp | -1.9% | No |
| Franklin Resources → BEN | United States | $11.7bn | 0.023% | -0.004 pp | -0.003 pp | +15.6% | No |
| Invesco → IVZ | United States | $10.6bn | 0.021% | +0.001 pp | +0.002 pp | +43.1% | Yes |
| Northern Trust → NTRS | United States | $24.3bn | 0.048% | -0.005 pp | +0.001 pp | +31.6% | No |
| State Street Corporation → STT | United States | $32.3bn | 0.063% | -0.004 pp | -0.001 pp | +28.5% | 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.