By Evie Liu
The S&P 500 is set to undergo a quarterly rebalancing on Friday after the market closes. Investors are closely watching -- and some are speculating -- what changes will be made to the index.
Alnylam Pharmaceuticals, Ares Management, CRH, and Vertiv Holdings are likely to join the benchmark index, according to KBW analyst Shreyank Gandhi, Barron's previously reported . Other possible additions to the index include Carvana, Cheniere Energy, Coupang, Ferguson Enterprises, SoFi Technologies, and Strategy, according to Gandhi.
Any changes to the index usually takes about 5 trading days before they become effective, because index funds need a short window to rebalance their portfolios without blowing up liquidity.
The S&P 500 index is rebalanced each quarter, with new companies added if they meet the criteria of S&P Dow Jones Indices, which oversees the index. The admission committee looks at factors such as market value, profitability, and sector representation.
Andrew Bary contributed to this report.
Write to Evie Liu at evie.liu@barrons.com
This content was created by Barron's, which is operated by Dow Jones & Co. Barron's is published independently from Dow Jones Newswires and The Wall Street Journal.
(END) Dow Jones Newswires
December 05, 2025 16:34 ET (21:34 GMT)
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