If those guys are forced to re-allocate their positions back to tech, what would happen? LOL...
Use XLK as example. See how XLK under weight AAPL. If XLK wants to re-balance, how many AAPL shares they need to buy? (Of course, how many MSFT/NVDA shares they need to sell).
The key thing here is that Tech companies have to deliver good earnings this Q. Finger crossed.
Disclaim: This is not an investment recommendation. YMYD only...
XLK, which has $72 billion in assets under management, will increase its allocation in Nvidia from roughly 5% to more than 20% and drop its allocation of Apple from about 21% to 5%, reversing the stocks’ positions in the ETF with Nvidia becoming the second largest holding.
“XLK will be a forced seller of ~$11 billion worth of $AAPL and a forced buyer of almost $10 billion worth of $NVDA in a rebalance... assuming Nvidia remains larger than Apple at market close on Friday,” Bloomberg research analyst James Seyffart wrote in a post on the social media platform X.
If those guys are forced to re-allocate their positions back to tech, what would happen? LOL...
Use XLK as example. See how XLK under weight AAPL. If XLK wants to re-balance, how many AAPL shares they need to buy? (Of course, how many MSFT/NVDA shares they need to sell).
The key thing here is that Tech companies have to deliver good earnings this Q. Finger crossed.
Disclaim: This is not an investment recommendation. YMYD only...
上个月又进了一波。
https://www.etf.com/sections/news/xlk-rebalancing-reverse-apple-nvidia-stock-positions
XLK, which has $72 billion in assets under management, will increase its allocation in Nvidia from roughly 5% to more than 20% and drop its allocation of Apple from about 21% to 5%, reversing the stocks’ positions in the ETF with Nvidia becoming the second largest holding.
“XLK will be a forced seller of ~$11 billion worth of $AAPL and a forced buyer of almost $10 billion worth of $NVDA in a rebalance... assuming Nvidia remains larger than Apple at market close on Friday,” Bloomberg research analyst James Seyffart wrote in a post on the social media platform X.
10 Billion 的买进卖出对一个 3 Trillion 市值的公司影响也不会太大。
Have to reallocate their money back to tech. Maybe it is a wrong example.