The S&P 500 historically performs extremely well in April, so we’ve rounded up its top 10 holdings for any opportunist investor to check out.
The S&P 500 (NYSEARCA: VOO) seems to thrive in April as it is generally one of the best months of the year for investors. Last year was no different with many stocks recuperating their losses after the COVID-induced market crash in March 2020, giving the S&P its best monthly rally since 1987. This year, those who are in the top 10 positions by percentage weight are likely to see increased gains for the month of April. Below you can find a quick round-up of the top holdings in the S&P 500.
S&P 500’s Top 10 Holdings
All information is correct as of April 13th
Apple (NASDAQ: AAPL) is the top holding of this index. It is one of the most iconic brands in the world, producing both hardware and software products, but most notably it is the producer of the ever-popular iPhone. With a market cap now over $2 trillion, in its most recent quarterly report, the company brought in $111 billion in revenue.
Microsoft (NASDAQ: MSFT), much like Apple, is a brand that is known around the world for its hardware such as computers and tablets as well as its software programs, like the Office suite and Windows operating system. Its market cap sits just under $2 trillion currently. Microsoft is a huge player in the tech industry and is likely to remain so for a very long time.
Amazon (NASDAQ: AMZN) is also a trillion-dollar company with its market cap currently at $1.7 trillion. It is a hugely diversified business dealing in everything from cloud computing technology to delivery services for your groceries. This company is so far-reaching that it would be impossible to avoid its influence on a day-to-day basis.
Facebook (NASDAQ: FB) is the largest social media company in the world, despite numerous recent controversies. Over the course of 2020, it brought in $29 billion in net revenue, up 58% year-over-year. It also owns Whatsapp, Instagram as well as Occulus, a virtual reality product-maker.
Alphabet Inc. (1.8%)
Alphabet Inc. (NASDAQ: GOOG), is the parent company of Google and all its subsidiaries, including Youtube and the Android operating system developer. Alphabet is purely a holdings company that sets out to acquire and then operate its many companies included under its name. It was originally created when Google restructured in 2015 to increase transparency within the company’s profits and revenue streams.
Tesla (NASDAQ: TSLA) is not just an electric car maker, but it also sells solar energy products for both businesses and individual homes. Before 2020, Tesla struggled to produce 4 consecutive quarters of profit, as a result, it was only added to the S&P 500 in December 2020. Tesla is now one of the most popular investments on the market.
Berkshire Hathaway Inc. (1.5%)
Berkshire Hathaway Inc. (NYSE: BRK.B), much like Alphabet, is a holding company, except this one serves to manage all the investments that Warren Buffet has made over the years. This extensive portfolio holds a multitude of companies, of which many of the S&P 500’s holdings make the list.
JPMorgan Chase & Co. (1.4%)
JPMorgan Chase & Co. (NYSE: JPM) is an investment and retail banking company which is headquartered in New York. Whilst JPMorgan deals with the investment side of its business, Chase handles the retail and personal banking and financial services. Investors in this company also receive a dividend that increases on an annual basis.
Johnson & Johnson (1.3%)
Johnson & Johnson (NYSE: JNJ) is well-known for its many products from talcum powder for babies to Listerine mouthwash. The company has three main areas of business: Hygiene and wellness products, medical devices, and pharmaceuticals. Johnson & Johnson is also producing the single-shot COVID-19 vaccine after receiving emergency use authorization from the FDA.
Visa Inc (1.1%)
Visa (NYSE: V) is possibly the most well-known payment solution on the planet. The company operates in over 200 countries and is estimated to manage more than a billion transactions per day. With a market cap of almost half a trillion dollars, Visa is the top payment company in the S&P 500.
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