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
Diversified Banks2.53%-1.29 ppTransaction & Payment Processing Services0.51%-0.71 ppAsset Management & Custody Banks0.87%-0.66 ppFinancial Exchanges & Data0.62%-0.49 ppProperty & Casualty Insurance0.70%-0.44 ppInsurance Brokers0.38%-0.43 ppInvestment Banking & Brokerage0.99%-0.32 ppConsumer Finance0.49%-0.21 ppLife & Health Insurance0.24%-0.19 ppRegional Banks0.25%-0.07 ppMulti-line Insurance0.11%-0.07 ppReinsurance0.02%-0.02 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Asset Management & Custody Banks
Asset Management & Custody Banks · weight
0.87%
Industry change · 12M
-0.66 pp
Asset Management & Custody Banks · contribution
-0.658 pp
Company participation
8%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
Feb 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 | $78.2bn | 0.107% | -0.107 pp | -0.162 pp | -34.9% | No |
| Blackstone Inc. → BX | United States | $84.1bn | 0.115% | -0.097 pp | -0.147 pp | -27.3% | No |
| BlackRock → BLK | United States | $164.7bn | 0.226% | -0.093 pp | -0.113 pp | +11.0% | No |
| Apollo Global Management → APO | United States | $60.5bn | 0.083% | -0.067 pp | -0.107 pp | -28.9% | No |
| Ameriprise Financial → AMP | United States | $42.9bn | 0.059% | -0.024 pp | -0.057 pp | -11.4% | No |
| BNY Mellon → BNY | United States | $81.8bn | 0.112% | -0.041 pp | -0.030 pp | +36.8% | No |
| T. Rowe Price → TROW | United States | $20.6bn | 0.028% | -0.016 pp | -0.024 pp | -5.7% | No |
| Ares Management → ARES | United States | $11.6bn | 0.016% | +0.016 pp | +0.016 pp | -32.7% | Yes |
| State Street Corporation → STT | United States | $35.9bn | 0.049% | -0.016 pp | -0.015 pp | +33.5% | No |
| Northern Trust → NTRS | United States | $26.6bn | 0.036% | -0.012 pp | -0.012 pp | +33.4% | No |
| Franklin Resources → BEN | United States | $13.8bn | 0.019% | -0.004 pp | -0.005 pp | +38.9% | No |
| Invesco → IVZ | United States | $11.7bn | 0.016% | -0.005 pp | -0.001 pp | +57.2% | 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.