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 Services0.62%-0.51 ppDiversified Banks3.22%-0.49 ppProperty & Casualty Insurance0.80%-0.40 ppInsurance Brokers0.41%-0.37 ppFinancial Exchanges & Data0.77%-0.35 ppAsset Management & Custody Banks1.18%-0.25 ppInvestment Banking & Brokerage1.41%+0.10 ppLife & Health Insurance0.31%-0.08 ppConsumer Finance0.62%-0.06 ppMulti-line Insurance0.13%-0.05 ppRegional Banks0.32%+0.02 ppReinsurance0.02%-0.01 ppMulti-Sector Holdings0.00%-0.00 pp
3 · Sub-industry
Inside Asset Management & Custody Banks
Asset Management & Custody Banks · weight
1.18%
Industry change · 12M
-0.25 pp
Asset Management & Custody Banks · contribution
-0.254 pp
Company participation
75%
of industry constituents above their 6M weight average
4 · Companies driving this sub-industry
May 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 | $86.1bn | 0.149% | +0.042 pp | -0.096 pp | -20.5% | No |
| Blackstone Inc. → BX | United States | $86.9bn | 0.151% | +0.035 pp | -0.079 pp | -12.6% | No |
| BlackRock → BLK | United States | $162.2bn | 0.281% | +0.055 pp | -0.063 pp | +9.0% | Yes |
| Apollo Global Management → APO | United States | $74.2bn | 0.129% | +0.046 pp | -0.041 pp | +0.1% | Yes |
| Ameriprise Financial → AMP | United States | $40.1bn | 0.069% | +0.011 pp | -0.040 pp | -11.3% | No |
| Ares Management → ARES | United States | $13.3bn | 0.023% | +0.007 pp | +0.023 pp | -19.8% | Yes |
| BNY Mellon → BNY | United States | $95.7bn | 0.166% | +0.054 pp | +0.022 pp | +60.4% | Yes |
| State Street Corporation → STT | United States | $43.1bn | 0.075% | +0.025 pp | +0.012 pp | +66.2% | Yes |
| T. Rowe Price → TROW | United States | $22.4bn | 0.039% | +0.010 pp | -0.008 pp | +17.7% | Yes |
| Invesco → IVZ | United States | $12.6bn | 0.022% | +0.006 pp | +0.007 pp | +103.7% | Yes |
| Northern Trust → NTRS | United States | $30.6bn | 0.053% | +0.017 pp | +0.006 pp | +58.9% | Yes |
| Franklin Resources → BEN | United States | $16.1bn | 0.028% | +0.009 pp | +0.002 pp | +51.5% | 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.