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 Services0.73%-0.50 ppAsset Management & Custody Banks1.38%-0.30 ppInvestment Banking & Brokerage1.51%+0.26 ppInsurance Brokers0.55%-0.15 ppDiversified Banks3.74%-0.14 ppProperty & Casualty Insurance0.92%-0.12 ppFinancial Exchanges & Data0.96%-0.12 ppLife & Health Insurance0.35%-0.08 ppConsumer Finance0.78%+0.05 ppMulti-line Insurance0.14%-0.03 ppRegional Banks0.32%-0.01 ppReinsurance0.03%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Asset Management & Custody Banks
Asset Management & Custody Banks · weight
1.38%
Industry change · 12M
-0.30 pp
Asset Management & Custody Banks · contribution
-0.296 pp
Company participation
58%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Jan 2026 · 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 |
|---|---|---|---|---|---|---|---|
| KKR & Co. → KKR | United States | $101.8bn | 0.195% | -0.012 pp | -0.135 pp | -31.2% | No |
| Blackstone Inc. → BX | United States | $105.2bn | 0.201% | -0.011 pp | -0.083 pp | -17.1% | No |
| Apollo Global Management → APO | United States | $78.1bn | 0.149% | +0.010 pp | -0.066 pp | -20.2% | No |
| BlackRock → BLK | United States | $173.4bn | 0.332% | +0.003 pp | -0.039 pp | +6.2% | No |
| Ares Management → ARES | United States | $15.5bn | 0.030% | +0.030 pp | +0.030 pp | -22.4% | Yes |
| Ameriprise Financial → AMP | United States | $49.0bn | 0.094% | +0.011 pp | -0.024 pp | -1.7% | Yes |
| BNY Mellon → BNY | United States | $83.6bn | 0.160% | +0.013 pp | +0.021 pp | +42.6% | Yes |
| T. Rowe Price → TROW | United States | $23.1bn | 0.044% | +0.000 pp | -0.014 pp | -4.8% | No |
| Northern Trust → NTRS | United States | $28.3bn | 0.054% | +0.006 pp | +0.005 pp | +36.7% | Yes |
| Invesco → IVZ | United States | $12.1bn | 0.023% | +0.003 pp | +0.004 pp | +48.2% | Yes |
| State Street Corporation → STT | United States | $36.6bn | 0.070% | +0.007 pp | +0.004 pp | +32.6% | Yes |
| Franklin Resources → BEN | United States | $13.9bn | 0.027% | +0.004 pp | +0.001 pp | +26.8% | 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.