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 Services0.79%-0.41 ppInvestment Banking & Brokerage1.41%+0.20 ppInsurance Brokers0.57%-0.17 ppFinancial Exchanges & Data0.92%-0.15 ppProperty & Casualty Insurance0.98%-0.15 ppConsumer Finance0.82%+0.13 ppAsset Management & Custody Banks1.33%-0.11 ppLife & Health Insurance0.34%-0.10 ppRegional Banks0.29%-0.06 ppDiversified Banks3.75%+0.03 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
1.33%
Industry change · 12M
-0.11 pp
Asset Management & Custody Banks · contribution
-0.110 pp
Company participation
18%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Nov 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 |
|---|---|---|---|---|---|---|---|
| Apollo Global Management → APO | United States | $76.5bn | 0.150% | -0.011 pp | +0.150 pp | -23.6% | No |
| KKR & Co. → KKR | United States | $109.0bn | 0.214% | -0.043 pp | -0.105 pp | -24.5% | No |
| Blackstone Inc. → BX | United States | $108.1bn | 0.212% | -0.050 pp | -0.092 pp | -21.0% | No |
| Ameriprise Financial → AMP | United States | $42.3bn | 0.083% | -0.017 pp | -0.040 pp | -19.6% | No |
| BlackRock → BLK | United States | $162.3bn | 0.319% | -0.043 pp | -0.031 pp | +4.5% | No |
| BNY Mellon → BNY | United States | $78.2bn | 0.154% | -0.001 pp | +0.022 pp | +40.0% | Yes |
| T. Rowe Price → TROW | United States | $22.3bn | 0.044% | -0.005 pp | -0.017 pp | -13.1% | No |
| Invesco → IVZ | United States | $10.9bn | 0.021% | +0.001 pp | +0.003 pp | +41.1% | Yes |
| Franklin Resources → BEN | United States | $11.8bn | 0.023% | -0.005 pp | -0.003 pp | +5.4% | No |
| State Street Corporation → STT | United States | $33.2bn | 0.065% | -0.002 pp | +0.002 pp | +24.6% | No |
| Northern Trust → NTRS | United States | $24.8bn | 0.049% | -0.003 pp | +0.000 pp | +21.5% | 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.