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No, meaning it owns 1.4% of the global public equity market. They have some $700bn in stocks. The market cap of the S&P 500 is $25tn. If they held US large cap
by kgwgk 7y ago
No, meaning it owns 1.4% of the global public equity market.
They have some $700bn in stocks. The market cap of the S&P 500 is $25tn. If they held US large cap stocks only they would have almost 3% of each one of the S&P 500 companies.
- dmoy 7y agoAnd US is about 50% of the world market cap, so yea 1.4% sounds about right.