Agricultural & Farm Machinery
Agricultural & Farm Machinery is losing market weight. Gained weight for 4 consecutive months.
Most of this industry's losses 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 losses. 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
Jan 2018 – Feb 2019 · 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 |
|---|---|---|---|---|---|---|
| Deere & Company → DE | Agricultural & Farm Machinery | United States | 0.303% | -0.008 pp | +3.9% | 0.0 |
Underlying monthly industry observations
| Month | Weight | 1M change | 3M change | 6M change | 12M change | Relative return · 12M |
|---|---|---|---|---|---|---|
| Feb 2019 | 0.303% | +0.131 pp | +0.137 pp | +0.154 pp | -0.008 pp | +4.3% |
| Jan 2019 | 0.172% | +0.002 pp | +0.025 pp | -0.102 pp | -0.134 pp | +8.1% |
| Dec 2018 | 0.170% | +0.004 pp | +0.016 pp | -0.105 pp | -0.136 pp | +6.2% |
| Nov 2018 | 0.166% | +0.018 pp | +0.016 pp | -0.129 pp | -0.141 pp | +1.8% |
| Oct 2018 | 0.148% | -0.006 pp | -0.126 pp | -0.122 pp | -0.159 pp | -9.6% |
| Sep 2018 | 0.154% | +0.005 pp | -0.121 pp | -0.154 pp | -0.152 pp | -7.1% |
| Aug 2018 | 0.149% | -0.125 pp | -0.145 pp | -0.162 pp | -0.157 pp | -11.0% |
| Jul 2018 | 0.274% | -0.001 pp | +0.005 pp | -0.032 pp | -0.032 pp | -9.7% |
| Jun 2018 | 0.275% | -0.019 pp | -0.033 pp | -0.031 pp | -0.031 pp | -10.2% |
| May 2018 | 0.294% | +0.025 pp | -0.017 pp | -0.012 pp | -0.012 pp | -5.0% |
| Apr 2018 | 0.269% | -0.039 pp | -0.037 pp | -0.037 pp | -0.037 pp | -13.6% |
| Mar 2018 | 0.309% | -0.002 pp | +0.002 pp | +0.002 pp | +0.002 pp | -0.4% |
| Feb 2018 | 0.311% | +0.005 pp | +0.005 pp | +0.005 pp | +0.005 pp | +1.2% |
| Jan 2018 | 0.306% | +0.000 pp | +0.000 pp | +0.000 pp | +0.000 pp | +0.0% |
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.