Market Trends
Data for Q4 2025
vs Q3 2025
· 8635 filings processed
This data updates as new filings arrive. Numbers may change during the reporting season.
Excludes ETF/fund-like holdings, debt-like holdings, and options (
PUT/CALL). Sector shares are value-weighted using SEC VALUE ($000) (normalized), not ticker counts. Figures are indicative: value changes can reflect both position updates and stock price moves.
Market composition is calculated as Q4 2025
versus Q3 2025
.
Uses one latest filing per fund in each quarter and stock positions only.
Sector
Share is value-weighted: sector VALUE sum / total market VALUE sum (not ticker count).
Value basis is SEC reported VALUE ($000) normalized to comparable thousands.
ETF/fund-like holdings, debt-like holdings, and PUT/CALL rows are excluded.
Methodology.
Market by sector
Q4 2025
vs Q3 2025
· Funds: 8,501
| Sector | Total value | Δ value | Share | Δ share (pp) | Funds |
|---|---|---|---|---|---|
| Technology | $17.4B | +5.06% | 30.5% | -0.42% | 7,728 |
| Financial | $8.84B | +6.52% | 15.5% | +0% | 7,686 |
| Industrials | $7.11B | +5.99% | 12.5% | -0.06% | 7,414 |
| Communication Services | $5.38B | +7.81% | 9.4% | +0.12% | 7,107 |
| Consumer Cyclical | $5.24B | +3.17% | 9.2% | -0.3% | 7,325 |
| Healthcare | $5.15B | +19.96% | 9.0% | +1.01% | 6,982 |
| Basic Materials | $2.26B | +5.32% | 4.0% | -0.04% | 6,224 |
| Utilities | $1.82B | +1.99% | 3.2% | -0.14% | 5,673 |
| Real Estate | $1.54B | +3.23% | 2.7% | -0.09% | 4,813 |
| Consumer Defensive | $1.19B | +1.17% | 2.1% | -0.11% | 5,435 |
| Energy | $858M | +4.38% | 1.5% | -0.03% | 5,245 |
| Unknown | $287M | +16.9% | 0.5% | +0.04% | 3,117 |