Global securities index provider MSCI announced its latest semi-annual adjustment today, stating that the MSCI ACWI Index will add 42 securities and remove 121 securities. It is worth noting that MSCI has decided to include the dominant holder of Bitcoin holdings among US listed companies, MicroStrategy, in this index.
(Memo:
DID|MicroStrategy launches decentralized identity protocol MicroStrategy Orange based on the Bitcoin Ordinals protocol.
)
(Background:
“Cashing out 370 million pounds in three months” Michael Saylor sells MicroStrategy stock, equivalent to selling BTC at its peak and cutting the leek?
)
MSCI, the global securities index provider, conducts a quarterly review of global stock markets to ensure that its indices reflect changes in the overall stock market in a timely manner. Today, MSCI announced its latest semi-annual adjustment, stating that the MSCI ACWI Index will add 42 securities and remove 121 securities, with these changes taking effect on May 31.
It is worth noting that the three largest companies added to the global standard index by market value are MicroStrategy, the dominant holder of Bitcoin holdings among US listed companies, as well as data storage company Pure Storage and electromechanical construction company Emcor Group.
Eric Balchunas, an ETF analyst at Bloomberg, tweeted that this adjustment is significant because the assets related to the global standard index exceed $4 trillion and are highly favored by institutional investors.
As the dominant holder of Bitcoin holdings among US listed companies, MicroStrategy’s stock price has risen more than 89% this year, surpassing Bitcoin’s year-to-date gain of 47%. With MicroStrategy’s inclusion in the global standard index, Michael Saylor, the founder and CEO of MicroStrategy, tweeted:
What is MSCI?
MSCI, formerly known as Morgan Stanley Capital International, is the world’s first index company. It is now renamed MSCI Inc. It is a well-known international index company, along with FTSE Group and S&P 500.
MSCI indices are important benchmarks for global investors to track the performance of stock markets in various countries. They are also the underlying indices for many index funds and derivative financial products. The current market value of assets related to MSCI indices exceeds $15 trillion, and there are more than 1,370 ETFs tracking indices compiled by MSCI.
MSCI adjusts the weightings and constituents of its indices in February, May, August, and November each year. February and August are quarterly adjustments, while May and November are semi-annual adjustments, which usually have larger changes. MSCI announces the latest review results and effective dates in advance on its official website, and makes significant adjustments to constituents on the effective date.
What is the MSCI ACWI Index?
The MSCI ACWI Index is one of the most closely watched stock indices globally, compiled by MSCI. It aims to represent the performance of large and mid-cap stocks in 23 developed markets and 24 emerging markets. The index covers 2,840 constituents across 11 sectors and captures approximately 85% of the investable opportunity set in each market.
As of the end of April, the top ten holdings of the MSCI ACWI Index were Microsoft (3.95%), Apple (3.59%), Nvidia (3.06%), Amazon (2.34%), Alphabet A (1.38%), META (1.37%), Alphabet C (1.22%), Eli Lilly (0.90%), TSMC (0.86%), and Bank of America (0.83%).
Related Reports
MicroStrategy Q1 financial report shows a net loss of $53.1 million, reducing Bitcoin purchases in April to only 144 BTC
MicroStrategy’s stock price soars 750% after buying Bitcoin, will investing in BTC become a global corporate trend?
MicroStrategy short sellers explode! Bears have lost nearly £2 billion since March.