The S&P 500 index is experiencing unprecedented market concentration, with the top 10 stocks now comprising 37.5% of the index. Notably, the top three stocks—Nvidia, Microsoft, and Apple—alone account for 21.16%. The top five holdings, which include Microsoft, Amazon, Google, Apple, and Meta, make up 27% of the index, marking the highest concentration observed since 1980. This trend highlights the significant influence of a few major companies on the overall market. This record S&P 500 concentration underscores the dominance of these firms.
The top 5 holdings in the S&P 500 $SPY now make up 27% of the index, the highest concentration in 40 years. h/t to @charliebilello https://t.co/pbGlXZPsvi
These are the most held stocks by hedge funds... 1. $MSFT 44% 👑 2. $AMZN 42% 3. $GOOGL 38% 4. $AAPL 36% 5. $META 36% https://t.co/cuAONnOBKk
Chart of the Day: Record S&P 500 Concentration... https://t.co/ilqDoBWgRm https://t.co/a2mrDpP3zI
The top 5 holdings in the S&P 500 now make up 27% of the index, the highest concentration we've seen with data going back to 1980. https://t.co/l5IYmkeySJ https://t.co/SvcpfMZ5iV
The top 10 stocks now make up 37.5% of the S&P 500 And just the top 3 (Nvidia, Microsoft, Apple) account for 21.16% Talk about market concentration… https://t.co/KTrTsCNRok