AI Owns the Top of the Table, but the Rest of the Market Has Not Disappeared
NVIDIA, Apple, Microsoft and the wider AI ecosystem account for much of the value within the top 50. Look further down, however, and institutional exposure extends across banks, healthcare, energy, telecommunications and consumer defensive. The result is a market led by technology, but not exclusively dependent on it.
The ranking is based on aggregate shares reported in the supplied 13F records, not changes in holdings.
A large position may reflect passive index exposure, long-standing ownership or multiple filings. It should not be interpreted as evidence that institutions purchased the stock between June and August 2026.
Share count also favors lower-priced securities. Use reported value to compare the approximate economic scale of positions. Alphabet’s two listed share classes are reported separately.