What are the US stocks with the highest percentage of their shares owned by passive funds? Here's the top 10 as of the end of June. Notably -- since the end of 2024 there was a big drop off in names with 40% or more owned by passive. In 2024 there were 28, now their are 9.

What does this look like at a sector level? The average US stock is about 17.5% owned by passive ETFs & MFs. But the total market is over 20% owned by passive funds. This note with these charts and much more available here for Bloomberg clients:

note to self: my followers could not care less about tradfi and passive investment data. hahaha