ABSTRACT
What Is This Tool? This index tracks the performance of 75 companies that have significant positions held by institutions.
How Is It Computed? This is a broad capitalized market value-weighted index of the shares of companies widely held by large institutional investors. To be eligible to be listed, a minimum of 7 million shares must be traded and at least 200 institutional investors must hold the stock. As of November 1998, companies included in the index are Abbott Labs, Airtouch, Allied Signal, Allstate, American Express, American Home Products, American International Group, Ameritech, Amoco, Associated First Capital, AT&T, BankAmerica, Banc One, Bell Atlantic, BellSouth, Boeing, Bristol-Myers, Chase Manhattan, Chevron, Chrysler, Cisco, Citigroup, Coca-Cola, Compaq, Dayton Hudson, Dell, Disney, du Pont, Emerson Electric, Exxon, Fannie Mae, First Union, Ford, Freddie Mac, GE, General Motors, Gillette, GTE, Hewlett-Packard, Home Depot, Intel, IBM, Johnson & Johnson, Kellogg, Kimberly-Clark, Lilly, Lockheed Martin, Lucent, McDonald’s, MCI WorldCom, Medtronic, Merck, Merrill Lynch, Microsoft, 3M, Mobil, Monsanto, Morgan Stanley Dean Witter, PepsiCo, Pfizer, Philip Morris, Procter & Gamble, Royal Dutch, SBC, Schering-Plough, Schlumberger, Sears, Texaco, Time Warner, Tyco, Wal-Mart, Warner-Lambert, Wells Fargo, and Xerox.
