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Which Companies Will Benefit from Nasdaq's Special Rebalancing?

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In One Chart wrote a column · Jul 12, 2023 06:22
The Nasdaq 100 special rebalance will take effect before the market opens on July 24. As the adjustment addresses the overconcentration of heavyweight companies that currently comprise almost half the index's weight, smaller companies will benefit from it.
Sam Stovall of CFRA Research: "The smaller companies will end up representing a greater percentage of the entire index; It will require portfolio managers to add to their positions in these companies, which will boost their share prices."
Here are the companies expected to benefit from the impending adjustment and see an increased weight of the overall index (via BofA):
Which Companies Will Benefit from Nasdaq's Special Rebalancing?
Source: Nasdaq, CNBC
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