Concentration sits at 0.99, at maximum amplifier load inside the severe step. State Street SSGA (2026-06-02) lists NVIDIA and Apple as SPY's top positions at 8.36% and 6.89%. BlackRock iShares (2026-06-02) reports IVV net assets of $859.85 billion with 38.48% information technology exposure. The position de-loads only when index weight dispersion broadens.
Concentration sits at 0.99, at maximum amplifier load inside the severe step. State Street SSGA (2026-06-02) lists NVIDIA and Apple as SPY's top positions at 8.36% and 6.89%. BlackRock iShares (2026-06-02) reports IVV net assets of $859.85 billion with 38.48% information technology exposure. The position de-loads only when index weight dispersion broadens.
ETFGI reports US ETF industry assets at $15.69 trillion at end-May and $837.35 billion of year-to-date net inflows. Equity ETFs attracted $78.62 billion in May, indicating continuing inflows rather than an observed redemption shock.
Assets invested in the ETFs industry in the US reached a new record of $15.69 trillion at the end of May, surpassing the previous high of $14.87 trillion in April 2026. The industry gathered $189.01 billion of net inflows in May. Year-to-date net inflows of $837.35 billion mark a new record, exceeding $443.32 billion in 2025 and $399.10 billion in 2021. Equity ETFs attracted $78.62 billion over the month, bringing year-to-date net inflows to $378.22 billion, significantly higher than the $148.51 billion recorded at this point in 2025.
State Street SSGA's SPY page shows fund information as of Jun 11 2026 and fund top holdings and sector allocation as of Jun 10 2026. NVIDIA and Apple remain the two largest positions, while information technology remains the largest sector allocation.
Fund Information as of Jun 11 2026; Fund Top Holdings as of Jun 10 2026: NVIDIA CORP 298,111,478 7.80%, APPLE INC 180,107,117 6.86%, MICROSOFT CORP 91,095,830 4.73%, AMAZON.COM INC 119,839,750 3.72%, ALPHABET INC CL A 71,937,157 3.35%, BROADCOM INC 58,163,999 2.83%, ALPHABET INC CL C 57,984,827 2.67%, META PLATFORMS INC CLASS A 26,830,410 2.00%, TESLA INC 34,500,030 1.72%, MICRON TECHNOLOGY INC 13,806,610 1.61%; Fund Sector Breakdown as of Jun 10 2026: Information Technology 36.99%.
State Street's SPY holdings page shows elevated index concentration as of Jun 11 2026, led by NVIDIA, Apple, Microsoft, Amazon, Alphabet, Broadcom, Meta, Tesla, and Micron. The same page reports Information Technology at 37.42% of fund and index sector weight.
Fund Top Holdings as of Jun 11 2026: NVIDIA CORP 298,026,770 7.84%; APPLE INC 180,055,937 6.83%; MICROSOFT CORP 91,069,946 4.56%; AMAZON.COM INC 119,805,694 3.71%; ALPHABET INC CL A 71,916,715 3.30%; BROADCOM INC 58,147,469 2.88%; ALPHABET INC CL C 57,968,351 2.65%; META PLATFORMS INC CLASS A 26,822,784 1.96%; TESLA INC 34,490,226 1.77%; MICRON TECHNOLOGY INC 13,802,686 1.76%. Fund Sector Breakdown as of Jun 11 2026: Information Technology 37.42%.
State Street SSGA's SPY page shows fund information as of Jun 10 2026 and fund top holdings as of Jun 08 2026. The latest visible holdings keep the mechanical concentration channel loaded, with NVIDIA and Apple still the two largest positions and information technology still the largest sector weight.
Fund Information as of Jun 10 2026; Fund Top Holdings as of Jun 08 2026: NVIDIA CORP 295,909,070 7.97%, APPLE INC 178,776,437 6.96%, MICROSOFT CORP 90,422,846 4.81%, AMAZON.COM INC 118,954,294 3.77%, ALPHABET INC CL A 71,405,665 3.35%, BROADCOM INC 57,734,219 2.96%, ALPHABET INC CL C 57,556,451 2.68%, META PLATFORMS INC CLASS A 26,632,134 2.01%, TESLA INC 34,245,126 1.81%, MICRON TECHNOLOGY INC 13,704,586 1.68%; Fund Sector Breakdown as of Jun 08 2026: Information Technology 37.85%.
State Street SSGA's SPY page shows fund information as of Jun 10 2026 and fund top holdings as of Jun 08 2026. The latest visible holdings keep the mechanical concentration channel loaded, with NVIDIA and Apple still the two largest positions and information technology still the largest sector weight.
Fund Information as of Jun 10 2026; Fund Top Holdings as of Jun 08 2026: NVIDIA CORP 295,909,070 7.97%, APPLE INC 178,776,437 6.96%, MICROSOFT CORP 90,422,846 4.81%, AMAZON.COM INC 118,954,294 3.77%, ALPHABET INC CL A 71,405,665 3.35%, BROADCOM INC 57,734,219 2.96%, ALPHABET INC CL C 57,556,451 2.68%, META PLATFORMS INC CLASS A 26,632,134 2.01%, TESLA INC 34,245,126 1.81%, MICRON TECHNOLOGY INC 13,704,586 1.68%; Fund Sector Breakdown as of Jun 08 2026: Information Technology 37.85%.
State Street SSGA's SPY page shows fund information as of Jun 10 2026 and fund top holdings as of Jun 08 2026. The latest visible holdings keep the mechanical concentration channel loaded, with NVIDIA and Apple still the two largest positions and information technology still the largest sector weight.
Fund Information as of Jun 10 2026; Fund Top Holdings as of Jun 08 2026: NVIDIA CORP 295,909,070 7.97%, APPLE INC 178,776,437 6.96%, MICROSOFT CORP 90,422,846 4.81%, AMAZON.COM INC 118,954,294 3.77%, ALPHABET INC CL A 71,405,665 3.35%, BROADCOM INC 57,734,219 2.96%, ALPHABET INC CL C 57,556,451 2.68%, META PLATFORMS INC CLASS A 26,632,134 2.01%, TESLA INC 34,245,126 1.81%, MICRON TECHNOLOGY INC 13,704,586 1.68%; Fund Sector Breakdown as of Jun 08 2026: Information Technology 37.85%.
BlackRock iShares reports IVV net assets, shares outstanding, portfolio holdings count, and sector exposure as of Jun 10 2026. The row corroborates issuer-level S&P 500 ETF concentration through a second large S&P 500 ETF issuer.
Net Assets of Fund $804,882,368,587 as of Jun 10, 2026; Shares Outstanding 1,104,300,000 as of Jun 10, 2026; Number of Holdings 504 as of Jun 10, 2026; Sector % of Market Value as of Jun 10, 2026: Information Technology 36.88%.
BlackRock iShares reports IVV net assets and shares outstanding as of Jun 09 2026, with portfolio characteristics and sector exposure as of Jun 08 2026. The row corroborates issuer-level S&P 500 ETF concentration through a second large S&P 500 ETF issuer.
Net Assets of Fund $827,892,608,763 as of Jun 09, 2026; Shares Outstanding 1,117,500,000 as of Jun 09, 2026; Number of Holdings 504 as of Jun 08, 2026; Sector % of Market Value as of Jun 08, 2026: Information Technology 37.75%.
ICI's June 9 weekly ETF release shows ETF share issuance exceeded redemptions for the week ended Jun 03 2026. The latest weekly flow print therefore does not show cross-sectional ETF redemption stress.
Washington, DC; June 9, 2026--The estimated value of all exchange-traded fund ETF shares issued exceeded that of shares redeemed by $61.28 billion for the week ended June 3, 2026, the Investment Company Institute reported today.
ICI's June 9 weekly ETF release shows ETF share issuance exceeded redemptions for the week ended Jun 03 2026. The latest weekly flow print therefore does not show cross-sectional ETF redemption stress.
Washington, DC; June 9, 2026--The estimated value of all exchange-traded fund ETF shares issued exceeded that of shares redeemed by $61.28 billion for the week ended June 3, 2026, the Investment Company Institute reported today. ETF Estimated Net Issuance, Millions of dollars, 6/3/2026: Equity 44,059; Domestic 36,619; World 7,440; Hybrid 4,142; Bond 14,739; Commodity -1,655; Total 61,285.