Bloomberg Indices announced the following changes to the Bloomberg 500 (B500) Index effective prior to the open of trading on Thursday, September 11, to coincide with the semi-annual reconstitution of the index. The B500 contains the 500 most highly capitalized US companies weighted by float market cap, reflecting a market capitalization of $58.19 trillion.
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Affirm Holdings, Inc. (AFRM), Astera Labs, Inc. (ALAB), The Carlyle Group, Inc. (CG), CyberArk Software, Ltd. (CYBR), EMCOR Group, Inc. (EME), Comfort Systems USA, Inc. (FIX), Insmed, Inc. (INSM), International Paper Company (IP), Jabil, Inc. (JBL), NiSource, Inc. (NI), NRG Energy, Inc. (NRG), Nutanix, Inc. (NTNX), Rocket Lab Corporation (RKLB), SoFi Technologies, Inc. (SOFI), Tapestry, Inc. (TPR), and Viking Holdings Ltd. (VIK) will enter the index. These equities span a variety of sectors, but Technology is most represented amongst this set, with Financial and Industrials directly following.
Changes to the B500 Index reflect the results of a purely rules-based index design focused on measuring markets with transparency and representativeness beyond market capitalization alone. As a result, the B500 mitigates potential biases and systematically evaluates potential members, which may lead to earlier additions of qualified companies when compared to indices using a committee-based approach.
Following is the list of membership changes:
 | Security Ticker Security Name BICS Sector Index Event
AFRM UW Affirm Holdings Inc Financials Addition
ALAB UW Astera Labs Inc Technology Addition
CG UW Carlyle Group Inc/The Financials Addition
FIX UN Comfort Systems USA Inc Industrials Addition
CYBR UW CyberArk Software Ltd Technology Addition
EME UN EMCOR Group Inc Industrials Addition
INSM UW Insmed Inc Health Care Addition
IP UN International Paper Co Materials Addition
JBL UN Jabil Inc Technology Addition
NI UN NiSource Inc Utilities Addition
NRG UN NRG Energy Inc Utilities Addition
NTNX UW Nutanix Inc Technology Addition
RKLB UR Rocket Lab Corp Industrials Addition
SOFI UW SoFi Technologies Inc Financials Addition
TPR UN Tapestry Inc Consumer Discretionary Addition
VIK UN Viking Holdings Ltd Consumer Discretionary Addition
AKAM UW Akamai Technologies Inc Technology Deletion
AMTM UN Amentum Holdings Inc Technology Deletion
AVTR UN Avantor Inc Health Care Deletion
ENTG UW Entegris Inc Technology Deletion
EPAM UN EPAM Systems Inc Technology Deletion
LINE UW Lineage Inc Real Estate Deletion
MOH UN Molina Healthcare Inc Health Care Deletion
RAL UN Ralliant Corp Industrials Deletion
RVTY UN Revvity Inc Health Care Deletion
SNDK UW Sandisk Corp/DE Technology Deletion
SWK UN Stanley Black & Decker Inc Industrials Deletion
SWKS UW Skyworks Solutions Inc Technology Deletion
WLK UN Westlake Corp Materials Deletion
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The B500 is available to Terminal clients at {B500 INDEX <GO>}. All research and methodology for the indices are available at Bloombergindices.com.
About Bloomberg Index Services LimitedBloomberg's index team has a proven track record in creating industry-leading and bespoke indices across asset classes, including their flagship fixed income, commodity and equity indices. Bloomberg Index Services Limited (BISL) takes an innovative approach to delivering strategic benchmarks that help market participants address their evolving investment needs. The indices, which are seamlessly integrated with other Bloomberg solutions, draw on a comprehensive range of trusted data and reliable technology for calculations, analytics and workflow automation, along with distribution capabilities that can help amplify the visibility of our customers' products.
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