Asset Management & Custody Banks
Asset Management & Custody Banks is gaining market weight. Lost weight for 1 consecutive month.
Most of this industry's gains came from a few companies.
Where did the weight change come from?
12-month contribution in universe percentage points · contributions add to the industry change
The three largest same-direction contributors explain 100% of gross gains. Opposing contributions can make an individual company’s change larger than the industry’s net change.
How has it moved through history?
Share of matched S&P 500 members
Feb 2019 – Jan 2024 · market weight (%)
Relative performance
Industry return versus ACWI · no future data shown
Is participation broad or concentrated?
Actual constituent counts at this date, not the legacy synthetic breadth proxy
This is size concentration, not contribution to the 12-month change. The attribution above measures the latter.
Evidence can disagree
Independent dimensions · no combined score or bullish/bearish verdict
Other evidence and availability
Valuation data: unavailable; shown as zero placeholder.
Attention data: unavailable; shown as zero placeholder.
Actual fund flows: unavailable. No ETF, mutual-fund or institutional flow feed is connected.
Volume / turnover: unavailable in this dataset.
Follow the contribution to individual companies
Sorted by absolute 12-month weight contribution, not investment merit
| Company | Sub-industry | Country | Universe weight | 12M contribution | 12M price return | Revisions |
|---|---|---|---|---|---|---|
| Blackstone Inc. → BX | Asset Management & Custody Banks | United States | 0.263% | +0.263 pp | +34.3% | 0.0 |
| State Street Corporation → STT | Asset Management & Custody Banks | United States | 0.068% | -0.047 pp | -16.1% | 0.0 |
| Northern Trust → NTRS | Asset Management & Custody Banks | United States | 0.049% | -0.020 pp | -14.8% | 0.0 |
| T. Rowe Price → TROW | Asset Management & Custody Banks | United States | 0.072% | -0.017 pp | -2.5% | 0.0 |
| BNY Mellon → BNY | Asset Management & Custody Banks | United States | 0.127% | -0.013 pp | +13.7% | 0.0 |
| Franklin Resources → BEN | Asset Management & Custody Banks | United States | 0.042% | -0.012 pp | -10.7% | 0.0 |
| Ameriprise Financial → AMP | Asset Management & Custody Banks | United States | 0.116% | -0.011 pp | +12.3% | 0.0 |
| Invesco → IVZ | Asset Management & Custody Banks | United States | 0.021% | -0.008 pp | -10.2% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Jan 2024 | 0.758% | -0.017 pp | +0.071 pp | +0.405 pp | +0.135 pp | -12.8% |
| Dec 2023 | 0.774% | +0.049 pp | +0.036 pp | +0.414 pp | +0.188 pp | -7.0% |
| Nov 2023 | 0.726% | +0.039 pp | +0.238 pp | +0.372 pp | +0.145 pp | -12.8% |
| Oct 2023 | 0.687% | -0.052 pp | +0.334 pp | +0.169 pp | +0.138 pp | -15.9% |
| Sep 2023 | 0.738% | +0.251 pp | +0.378 pp | +0.194 pp | +0.191 pp | -6.7% |
| Aug 2023 | 0.487% | +0.135 pp | +0.133 pp | -0.129 pp | -0.068 pp | -6.7% |
| Jul 2023 | 0.352% | -0.008 pp | -0.165 pp | -0.270 pp | -0.202 pp | -4.1% |
| Jun 2023 | 0.361% | +0.007 pp | -0.184 pp | -0.226 pp | -0.213 pp | -2.8% |
| May 2023 | 0.354% | -0.164 pp | -0.263 pp | -0.227 pp | -0.255 pp | -10.4% |
| Apr 2023 | 0.518% | -0.027 pp | -0.105 pp | -0.031 pp | -0.053 pp | +0.6% |
| Mar 2023 | 0.544% | -0.072 pp | -0.042 pp | -0.003 pp | -0.090 pp | -3.5% |
| Feb 2023 | 0.617% | -0.006 pp | +0.036 pp | +0.062 pp | -0.038 pp | +7.4% |
| Jan 2023 | 0.623% | +0.036 pp | +0.074 pp | +0.068 pp | -0.060 pp | +2.2% |
| Dec 2022 | 0.587% | +0.006 pp | +0.040 pp | +0.014 pp | -0.093 pp | -1.6% |
| Nov 2022 | 0.581% | +0.032 pp | +0.026 pp | -0.029 pp | -0.114 pp | -2.0% |
| Oct 2022 | 0.549% | +0.001 pp | -0.006 pp | -0.022 pp | -0.197 pp | -8.8% |
| Sep 2022 | 0.547% | -0.008 pp | -0.026 pp | -0.087 pp | -0.145 pp | -6.9% |
| Aug 2022 | 0.555% | +0.001 pp | -0.054 pp | -0.099 pp | -0.161 pp | -9.9% |
| Jul 2022 | 0.554% | -0.019 pp | -0.017 pp | -0.128 pp | -0.134 pp | -6.2% |
| Jun 2022 | 0.573% | -0.036 pp | -0.061 pp | -0.107 pp | -0.132 pp | -8.6% |
| May 2022 | 0.609% | +0.038 pp | -0.045 pp | -0.086 pp | -0.125 pp | -7.1% |
| Apr 2022 | 0.571% | -0.063 pp | -0.112 pp | -0.175 pp | -0.136 pp | -9.7% |
| Mar 2022 | 0.634% | -0.020 pp | -0.046 pp | -0.058 pp | +0.271 pp | -0.0% |
| Feb 2022 | 0.654% | -0.029 pp | -0.041 pp | -0.062 pp | +0.317 pp | +9.1% |
| Jan 2022 | 0.683% | +0.003 pp | -0.063 pp | -0.006 pp | +0.299 pp | +17.1% |
| Dec 2021 | 0.680% | -0.015 pp | -0.012 pp | -0.026 pp | +0.030 pp | +16.9% |
| Nov 2021 | 0.695% | -0.051 pp | -0.021 pp | -0.039 pp | +0.050 pp | +19.0% |
| Oct 2021 | 0.746% | +0.054 pp | +0.058 pp | +0.039 pp | +0.127 pp | +29.6% |
| Sep 2021 | 0.692% | -0.024 pp | -0.013 pp | +0.329 pp | +0.691 pp | +24.6% |
| Aug 2021 | 0.716% | +0.028 pp | -0.018 pp | +0.379 pp | +0.715 pp | +25.3% |
| Jul 2021 | 0.688% | -0.017 pp | -0.019 pp | +0.305 pp | +0.688 pp | +15.9% |
| Jun 2021 | 0.705% | -0.029 pp | +0.342 pp | +0.056 pp | +0.704 pp | +11.1% |
| May 2021 | 0.734% | +0.027 pp | +0.397 pp | +0.090 pp | +0.734 pp | +17.4% |
| Apr 2021 | 0.707% | +0.344 pp | +0.324 pp | +0.088 pp | +0.003 pp | +10.3% |
| Mar 2021 | 0.363% | +0.026 pp | -0.286 pp | +0.363 pp | +0.363 pp | +12.1% |
| Feb 2021 | 0.337% | -0.046 pp | -0.307 pp | +0.337 pp | +0.337 pp | -2.8% |
| Jan 2021 | 0.383% | -0.266 pp | -0.236 pp | +0.383 pp | -0.416 pp | -10.3% |
| Dec 2020 | 0.650% | +0.005 pp | +0.649 pp | +0.649 pp | -0.176 pp | -12.3% |
| Nov 2020 | 0.645% | +0.025 pp | +0.644 pp | +0.644 pp | -0.194 pp | -15.2% |
| Oct 2020 | 0.619% | +0.619 pp | +0.619 pp | -0.085 pp | -0.202 pp | -14.8% |
| Sep 2020 | 0.001% | -0.000 pp | -0.000 pp | +0.000 pp | -0.814 pp | -16.2% |
| Aug 2020 | 0.001% | +0.000 pp | -0.000 pp | +0.000 pp | -0.767 pp | -7.9% |
| Jul 2020 | 0.001% | -0.000 pp | -0.704 pp | -0.799 pp | -0.847 pp | -13.3% |
| Jun 2020 | 0.001% | +0.000 pp | +0.000 pp | -0.825 pp | -0.830 pp | -6.8% |
| May 2020 | 0.001% | -0.704 pp | +0.000 pp | -0.838 pp | -0.853 pp | -9.8% |
| Apr 2020 | 0.704% | +0.704 pp | -0.095 pp | -0.117 pp | -0.221 pp | -12.8% |
| Mar 2020 | 0.001% | -0.000 pp | -0.825 pp | -0.814 pp | -0.909 pp | -13.8% |
| Feb 2020 | 0.001% | -0.799 pp | -0.838 pp | -0.767 pp | -0.947 pp | -11.4% |
| Jan 2020 | 0.800% | -0.026 pp | -0.021 pp | -0.048 pp | +0.269 pp | -6.0% |
| Dec 2019 | 0.826% | -0.013 pp | +0.011 pp | -0.004 pp | +0.297 pp | -3.0% |
| Nov 2019 | 0.839% | +0.018 pp | +0.071 pp | -0.015 pp | +0.280 pp | -5.9% |
| Oct 2019 | 0.821% | +0.006 pp | -0.026 pp | -0.105 pp | +0.277 pp | -6.4% |
| Sep 2019 | 0.815% | +0.047 pp | -0.016 pp | -0.095 pp | +0.250 pp | -9.5% |
| Aug 2019 | 0.768% | -0.080 pp | -0.085 pp | -0.180 pp | +0.178 pp | -18.0% |
| Jul 2019 | 0.848% | +0.017 pp | -0.078 pp | +0.317 pp | -0.260 pp | -13.7% |
| Jun 2019 | 0.830% | -0.023 pp | -0.079 pp | +0.302 pp | -0.312 pp | -17.7% |
| May 2019 | 0.853% | -0.072 pp | -0.095 pp | +0.295 pp | -0.314 pp | -18.0% |
| Apr 2019 | 0.926% | +0.016 pp | +0.395 pp | +0.381 pp | -0.267 pp | -13.8% |
| Mar 2019 | 0.910% | -0.038 pp | +0.381 pp | +0.345 pp | -0.270 pp | -14.4% |
| Feb 2019 | 0.948% | +0.417 pp | +0.389 pp | +0.358 pp | -0.283 pp | -14.1% |
How are these descriptive states defined?
Gaining / losing: 12-month weight change above +0.005pp / below −0.005pp. Direction and speed are separate dimensions, not mutually exclusive recommendations.
Accelerating / slowing: compare the most recent 3M change with the preceding 3M change. Accelerating means a positive change speeds up by >0.02pp. Slowing means the magnitude of movement declines by >0.02pp. A falling industry can also slow.
Reversing: the last two 3M changes have opposite signs, outside a ±0.005pp tolerance. Persistence counts consecutive same-direction monthly changes.
Broad / concentrated: company attribution, not a market-cap concentration shortcut. Concentrated means the three largest same-direction contributors account for ≥70% of gross same-direction changes; otherwise broad requires ≥60% of constituents moving with the industry. Other cases are mixed.
Weights use matched S&P 500 members’ market-cap estimates, based on SEC-reported shares available by each month-end and monthly closing prices. Companies without a matched price or share record are omitted, so the denominator is the matched sample rather than every index member. These are not official float-adjusted S&P weights. Flow is not measured.