1. AFRM added to Bloomberg 500 Index effective September 11, 2025. 2. Index reflects $58.19 trillion market capitalization, showcasing top companies. 3. AFRM belongs to financial sector, among many new index entrants. 4. Changes are based on a rules-based index design for transparency. 5. Entry to B500 may boost Affirm's visibility and investor confidence.
Inclusion in the Bloomberg 500 Index often leads to increased demand for stocks, similar to prior instances when companies like Square benefited from index inclusion, suggesting positive momentum for AFRM.
Entry into major indices significantly enhances liquidity and brand recognition, potentially attracting institutional and retail investors.
Stocks typically experience immediate price bumps upon index additions, historically evident in tech and financial stocks post-inclusion.
NEW YORK, Aug. 27, 2025 /PRNewswire/ -- 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.
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 |
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 Limited
Bloomberg'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.
About Bloomberg
Bloomberg is a global leader in business and financial information, delivering trusted data, news, and insights that bring transparency, efficiency, and fairness to markets. The company helps connect influential communities across the global financial ecosystem via reliable technology solutions that enable our customers to make more informed decisions and foster better collaboration. For more information, visit Bloomberg.com/company or request a demo.
View original content to download multimedia:https://www.prnewswire.com/news-releases/bloomberg-500-b500-index-adds-sixteen-securities-following-semi-annual-reconstitution-302540344.html
SOURCE Bloomberg L.P.