IBKR, DUOL, and EME are weak but top contenders to replace ENPH and CZR at the review while LNG or APP is expected to replace ANSS at the end of June upon completion of its acquisition.
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Overview
Transitions
Migrations
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Boomeranged on Thu, 12 Jun 2025 00:12
No index changes materialized, and the candidates are weak indeed. Nonetheless, I still expected eligible midcap constituents to replace CZR and/or ENPH, which have market caps of ~$6bn hence do not represent S&P500. Consequently, CZR and ENPH would migrate to SmallCap, replacing WOLF and TTGT, whose market caps of $250m-$550m are also misaligned with the index. Debatable…